Movement Industries Corp Stock Price, News & Analysis

Summary not available.

Summary not available.

Movement Industries Corporation (OTC PINK: MVNT) has appointed Jack E. Leal as Chief Financial Officer, bringing 27 years of experience from firms such as Deloitte and Continental Airlines. CEO Linh Nguyen expresses confidence in Leal's leadership as the company aims for continued growth in 2022, following a remarkable 84% revenue increase over the previous quarter. Leal's responsibilities will encompass financial reporting and internal controls, while also focusing on revenue expansion and cash flow management, aiming to bolster the company's market position.

Movement Industries Corporation (OTC PINK: MVNT) has released a 2021 review and 2022 outlook. CEO Linh Nguyen highlighted resilience amid Covid challenges, with engineers supplying critical process valves and launching the iChem SaaS product. Key activities included projects in Canada, Europe, and Asia, and securing applications for larger government contracts. The Company’s shell status has been removed, and it has returned to Pink Current status. In 2022, MVNT anticipates increased sales in pumps and valves, with ongoing negotiations for contracts in the U.S., Mexico, and the Middle East.

Movement Industries Corporation (OTC PINK: MVNT) has expanded its operations in the Gulf of Mexico with new valve sales for LNG platforms. CEO Linh Nguyen highlighted revenue growth through engineering projects and governmental contract pursuits. Key achievements include the supply of critical butterfly valves, hydrostatic testing services, and certifications for U.S. government contracts. The company aims to leverage its extensive management experience in the energy sector to deepen customer relationships and expand its offerings.

Movement Industries Corporation (OTC PINK: MVNT) has expanded its international reach with new contracts in France, Canada, and Kazakhstan. Notable projects include modifying a gantry crane for offshore oil and gas platforms in Canada and supplying approximately 645 valves to Asia. The company’s CEO, Linh Nguyen, emphasized the growing global footprint and upcoming projects. Movement Industries focuses on the energy, oil & gas, and manufacturing sectors, leveraging over 50 years of management experience to drive growth by enhancing products and services.

Movement Industries Corporation (OTC PINK: MVNT) has announced the successful launch of its iChem IoT software, a SaaS product tailored for monitoring chemical injection assets. CEO Linh Nguyen emphasized the software's potential to become a profitable segment for the company. iChem enhances operational efficiency, reduces safety incidents, and fosters collaboration among clients. The company is also pursuing partnerships to expand its market reach and has hired a new communications agency to improve stakeholder engagement. Overall, MVNT aims for revenue and capital growth moving forward.

Movement Industries Corporation (MVNT) announced the launch of iChem, an innovative SaaS IoT product designed for real-time monitoring and control of chemical injection assets in the oil and gas sector. The platform utilizes cellular and satellite communications and is built on AWS for robust data handling. The CEO, Linh Nguyen, emphasized the potential for high profit margins and noted that iChem is among the first of its kind in the industry. The company expects significant revenue growth from this product as it scales.

Movement Industries Corporation (OTC PINK: MVNT) has provided an update highlighting its achievements in 2020 and the new vision for 2021. Key accomplishments include being current with Pink Sheet regulations, the acquisition of Hi-Alloy Valve, plans for further mergers, and aims to achieve OTC QB qualification by Q3 2021. The company intends to organically reach a revenue goal of approximately $100MM. The core business remains manufacturing, with diversification across several solutions. CEO Linh Nguyen expressed optimism for significant revenue growth in the coming year.