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SANOMEDICS INTL HLDG (OTCMKTS:SIMH) was a massive mover during Wednesday’s trading session surging by close to 141% on heavy volumes, which were 10 times the daily average.The stock has been underperforming the broader markets over the last year. SANOMEDICS has been forming lower tops and lower bottoms indicative of the strong bearish momentum but is now showing first signs of forming a bottom near levels $0.055. The stock trades below all daily moving averages. The oscillators, which measure momentum, are showing first signs of a reversal. Traders see the stock heading to levels of $0.155 in the near term.

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In an attempt to revamp its senior management team, SANOMEDICS INTL HLDG (OTCMKTS:SIMH) has announced that Scott W. LeBel would take charge as the new director of government sales and specialty. As per the reports, he will look after the sales and specialty operations of Thermomedics, Inc., a wholly-owned subsidiary of SANOMEDICS.

Insights of Announcement

As the new director of the company, LeBel will be responsible for carrying out the promotion of TouchFree Clinical Thermometer across the United States. Additionally, he will also provide assistance in forming new distributor relationships in different parts of the country so that more and more users can enjoy company’s products. LeBel will directly report to company’s sales and marketing vice president, Ron Benincasa.

There’s a reason why LeBel has been chosen to lead such a critical business with high potential. His years of experience in selling medical products, needlefree IV disposable products, IV capital equipment and patient monitoring devices, establish him as the perfect person for this profile. LeBel’s one of the most sought after business development executives and sales persons in the industry; hence, his addition to the senior management of SANOMEDICS is a perfect decision at this time.

He has been in this industry for over 30 years and still going strong, which is a true evidence of why SANOMEDICS has chosen him over many others. Before accepting this proposal, he worked with Cardinal Health for eight years and took the company to all new heights, which highlighted him as one of the modern-era leaders in the world.

According to Keith Houlihan, Founder & President, SANOMEDICS, recruiting talented industry experts to lead the sales and distribution network is a core part of company’s strategy. with the enormous experience of over three decades, LeBel will play a key role in the growth of the company in the future.

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Steve Kanaval: Portfolio Manager/Writer/ Market Analyst Steve began his career in the Trading Pits in Chicago making markets at the Chicago Mercantile Exchange (NYSE:CME) the Chicago Board of Trade and the CBOE in the early 80’s. He ran the Morgan Stanley Derivative Prop Trading for the firm specializing in Index Arbitrage. He continued his career as a Trader/Portfolio Manager for multiple Hedge Funds during the Internet Boom of the 90’s managing large portfolios. Steve is known as an expert in MicroCap Technology Stocks and the emerging Digital Currency markets as a Portfolio Manager for his Family Office. Steve has managed portfolio’s in volatile asset classes for 3 decades as a commodity trader, hedge fund manager and digital currency trader and miner. Steve publishes his views on the asset classes in a public forum and has published more than 10,000 articles simplifying these complex and volatile assets for readers. His work is published on multiple sites including Bloomberg, Equities.com, Hacked.com, CryptoCurrencyNews as a paid contributor. His work includes research, journalism and archived video on important market volatility related to stocks, digital currency and other volatile misunderstood asset classes. He offers a humorous, unique insight and the related back stories and drivers for readers interested in volatility and emerging market assets. Full disclosure Steve is long 25 digital currencies and sits on the board of multiple public companies involved in digital currencies, and owns shares in these companies from time to time.

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