Healthy Extracts Inc. (OTCMKTS:HYEX) Stock Moves Up After The News Update

Healthy Extracts Inc. (OTCMKTS:HYEX) was up 4% after the company unveiled an exquisite brand influencer program seeking to create million in revenue for the company and influencers over the coming years.

Market Action

On Wednesday, HYEX stock gained 4.20% at $0.0625 with more than 62k shares, compared to its average volume of 51k shares. The stock has moved within a range of $0.0590 – 0.0625 after opening the trade at $0.0590.

Healthy Extracts Launches Innovative Brand Influencer Program, Offering Private Label Products and Custom Formulations with High Reward Potential

Consumers learn about new companies from social media influencers in about 41% of cases. The program has been designed for key influencers with over500,000 followers in the sports,health and wellness, and healthcare industries looking to boost their brand and generate endless revenue.

Already the company has signed one prominent influencer, and talks are in advanced stages with several others from various markets. Within the next several weeks, Healthy Extracts plans to disclose its first influencer.

Influencers who work with Healthy Extracts will choose to promote the company’s formulations or create unique custom-formulated products that they can rebrand as their own private label. Introducing products under a custom brand will be a turn-key for most influencers from product formulation through productions, shipping, and customer management. So HYEX is worth watching in the coming weeks.  

Key Quote

“We introduced this program to increase our social engagement, strengthen our brand identity and accelerate revenue growth, but at minimal cost,” stated Healthy Extracts president, Duke Pitts. “We also see it elevating our profile as a high-growth publicly traded company as more and more influencers become active shareholders of HYEX.”

Traders Note

WCIG stock is trading below the 50-Day and 200-Day Moving averages of $0.15 and $0.15 respectively. However, the stock is trading above the 200-Day moving average of $0.13. The stock is up 14% over the past month.

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