Healixa Inc. (OTCMKTS:EMOR) Secures Manufacturing Agreement: Stock Falls

Healixa Inc. (OTCMKTS:EMOR) dropped 5%  after the tech company that focuses on building and acquiring innovative and transformative techs in health-tech, clean water, and green-tech sectors revealed a milestone accomplishment.

Market Action

On Tuesday, EMOR stock fell 5% to $0.8550 with 1.29K share, compared to its average volume of 8.9k shares. The stock moved within a range of $0.8550 – 0.9400 after opening trade at $0.93.

Healixa Secures Manufacturing Agreement for its Global AquaDuct™ Atmospheric Water Harvesting Units with Industry Leader Allied Manufacturing Industry LLC

The company secured a manufacturing supply agreement with Allied Manufacturing Industry LLC  for the Global Aquaduct atmospheric water harvesting products. Allied is a leading Conway, South Carolina-based manufacturing firm that focuses on powder coating and metal fabrication with almost three decades of experience.

The Global Aquaduct product uses Healixia atmospheric Water Harvesting tech capable of harvesting water directly from the atmosphere virtually anywhere on earth with little energy created from the integrated solar panel. The company currently has $75 million of pre-sales, thanks to the fast-growing Global Aquaduct pipeline globally. The agreement with Allied enables the company to address the burgeoning demand for remotely-deployable, sustainable, and affordable clean water solutions. Healixia will fast-track its sales and marketing initiatives as it shows and delivers Global Aquaduct units for various functionalities and applications. So in the coming weeks, investors should keep an eye on EMOR.

Key Quote

Ian Parker, CEO of Healixa commented, “This agreement represents a milestone achievement for Healixia, partnering with a world-class American manufacturing leader like Allied with 27 years of operating success with the Fortune 500 and all the major global airlines. Our Agreement with Allied allows us to confidently ramp up production of our Global Aquaduct™ units to meet the overwhelming demand in a multi-billion dollar addressable market.”

Traders Note

EMOR stock is trading above the 20-Day and 50-Day Moving averages of $0.84 and $0.74 respectively. Moreover, the stock is trading is the neutral zone with RSI stands at 56.

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