OTCPK:SNNC - Post by User
Post by
AveragePennyon Dec 13, 2021 10:55am
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Post# 34224914
SIBANNAC, INC. PURSUES PATENTED TECHNOLOGY
SIBANNAC, INC. PURSUES PATENTED TECHNOLOGY In its continued pursuit to develop next generation wellness products, the Company has executed an NDA with a technology firm with a patent pending wearable tech in the healthcare space. The innovation combines discreet, wearable sensors that communicate directly with a software application that interprets the data and allows for highly personalized healthcare assessments and dietary recommendations. The intent of the parties would be for Sibannac to acquire the tech firm and lead it through the research and development phase into brand development, marketing, and monetization strategies. Further disclosures will be made as discussions between the parties progress.
The Company will be unveiling its new consumer brand to the public in the near future. All of the brand architecture and positioning was accomplished in the last year. Further, market research was done to determine the initial products to bring to market. The top three product categories are anxiety, sleep and pain, and there is overlap between them.
[url=https://www.globenewswire.com/news-release/2021/12/13/2350647/0/en/SIBANNAC-INC-PURSUES-PATENTED-TECHNOLOGY-AND-IDENTIFIES-PRODUCTS-FOR-NEW-CONSUMER-BRAND.html']https://www.globenewswire.com/news-release/2021/12/13/2350647/0/en/SIBANNAC-INC-PURSUES-PATENTED-TECHNOLOGY-AND-IDENTIFIES-PRODUCTS-FOR-NEW-CONSUMER-BRAND.html[/url]