It was not a great day in the markets for investors in the Viper Networks Inc (OTCMKTS:VPER) stock as it suffered from an almighty selloff and ended up with a decline of as much as 17%. The company is one of the major emerging players in the Smart Cities integrated systems and LED lighting spaces.
Trading Data
On Thursday, VPER stock decreased 16.67% to $0.0005 with more than 5.13 million shares, compared to its average volume of 17.11 million shares. The stock moved within a range of $0.0005 – 0.0006 after opening trade at $0.0006.
Viper Networks Partners Up with Syngrex as Company Expands Telehealth Platform for CyberGrab
Yesterday the company came into the news cycle after it announced that it had gone into a partnership with Alameda, California based Syngrex Inc and would become the official distributor of the growing skincare product line of Syngrex. In addition to that, Viper Networks would also be responsible for boosting the mobile and online communication so that the company’s reach could be broadened.
At this point in time, Syngrex is positioned as a skincare wellness company which is involved in revolutionizing the industry through product meant for treating severe skin ailments like eczema and rosacea among others.
The number of people suffering from a range of skin ailments now total as many as 900 million across the globe and it is clear to see that the company has a major sized market to address. Despite the decline in the Viper Networks stock it could be interesting to see if there’s a recovery.
Key Quote
“Living with a chronic skin condition and its comorbidities can be incredibly challenging, both physically and emotionally,” said Syngrex CEO Sophie Mitchell. “There was no manual for my personal skin challenges thirty years ago. It has come with decades of experience that I’ve acquired a wealth of knowledge and understanding. I am thrilled that we can share this with others and make a positive impact on their lives.”
