Shares of Emergent Health Corp (OTCMKTS:EMGE) have been under pressure over the past month with a fall of 60%.
Market Reaction
On Monday, EMGE stock fell 2% to $0.0245 with 30k shares, compared to its average volume of 50k shares. The stock moved within a range of $0.0200 – 0.0245 after opening trade at $0.0200.
Emergent Health Appoints Marvin Segel, Son of QVC Founder Joseph Segel as Director and Chief Marketing Officer
Company engaged in developing and selling regenerative medicine, nutraceuticals, and phytonutritionals, Emergent Health Corp (OTCMKTS:EMGE) announced on February 15, 2022, announced the appointment of Marvin Segel, son of QVC’s founder, Joseph Segel, as Director as well as Chief Marketing Officer.With over two decades of direct-to-consumer TV and marketing experience, Segel will be serving a Senior Executive role at the company. He will be leading the development of current and future Health products as well as marketing based on his experience of multi-million contributions for launching such top-selling Direct-To-Consumer products.
Segel has been serving as President of Y Networks since January 2020. Y Networks is the first network focusing on “Content-Based Shopping” enabling consumer content to engage on-demand across platforms. Before this, Segel was serving as Chief Operating Officer for the first celebrity-driven social media platform, Star Shop LLC.
From August 2009 to 2014, Segel served as Vice President of Business Relationships and Vendor Relations at ShopNBC. ShopHQ is an American cable, satellite, and broadcast home shopping television network owned by iMedia Brands. At this place, Segel conceptualized as well as developed the first iPhone app for shopping channels as well as leveraged relationships with top iPhone app providers for accelerating development and becoming the first to launch the product Wrinkle Magic generating millions in revenues.
Marvin Segel, newly appointed CMO of Emergent said that providing consumer with healthier options in the crazy world for themselves and pets means a lot. Segel added that the value of the family pet has become extremely vital during quarantine times as they give emotional support.
James Zimbler, CEO of Emergent added that it’s a huge victory to have the talented and experienced Segel for overseeing the creation, marketing as well as distribution of the company’s Wellness products. Zimbler added that Marvin’s experience of three-plus decades will ensure maximum success and market penetration
Traders Review
EMGE stock is trading below the 20-Day and 50-Day Moving averages of $0.0339 and $0.0462 respectively. trading, the stock is trading below the 200-Day moving average of $0.0542.
