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.
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.