Dalrada Corporation (OTCMKTS:DFCO) Stock In Focus: Company Expands Health Advisory Board
Dalrada Corporation (OTCMKTS:DFCO) leverages innovation for driving positive change impacting plants and people. Established in 1982, the firm has four business divisions- Energy, Health, Technology, and Precision, uniquely designed for addressing global issues with creative solutions. The company believes that it is uniquely positioned globally among the top growing industries. It is accelerating possibilities for future and current generations.
Market Stats
On Thursday, DFCO stock fell 1% to $0.2971 with more than 103K shares, compared to its average volume of 98K shares. The stock moved within a range of $0.2800 – 0.3199 after opening trading at $0.30.
Dalrada Health Advisory Board Expands to Support Business Growth
Dalrada Corporation on July 7, 2022, announced the appointments of Reynold Bryan Jr, U.S. Navy, Capt. Patrick Blair, Ph.D. John Short to its Health Advisory Board. The industry veterans have a considerable experience across the healthcare industry, including workforce management, medical research, and business development. They will be supporting the firm’s health wing to expand into newer areas.
Brian Bonar, Chairman, and CEO at Dalrada said that the company welcomes John, Patrick, and Reynold to the Advisory Board for diversifying the knowledge base. Bonar added that it would facilitate the company’s efforts in bringing patients an end-to-end healthcare experience. The CEO further added that the expert guidance will enable the firm to grow the life sciences and consumer product sectors for creating affordable healthcare solutions.
Reynold Bryan Jr is the managing director and general manager of Microsoft Corporation as well as Healthcare Margins, LLC. Earlier, he served in executive positions for IBM Global Services, Oracle Health Care Services, Extreme Networks as well as Accenture. A professional associated with the American College of Healthcare Executives as well as the Health Information Management Systems Society.
U.S. Navy Capt. Patrick Blair, Ph.D., is the assistant professor at the College of Public Health and Tropical Medicine at Wake Forest University. Blair is also an instructor for the Naval Ethics and Leadership Command. He also has experience in infectious diseases, virology, immunology, diagnostic testing, vaccines, and product development. He has also received several military awards, including Delores M. Etter Award in 2011. Furthermore, he has also published 145 scientific manuscripts and book chapters.
Key Quote
“We’re excited to welcome Reynold, Patrick, and John to our Advisory Board to diversify our knowledge base and help support Dalrada Health’s efforts to bring patients an end-to-end healthcare experience within a value-based care model,” said Brian Bonar, Chairman, and CEO at Dalrada. “With their expert guidance, we will continue to grow our life sciences and consumer product sectors to create affordable, accessible healthcare solutions for all patients.”
Dalrada Energy Services Announces Partnership with Banyan Infrastructure to Improve ESG Banking Transparency
Earlier, Dalrada Financial Corporation had announced that the clean energy subsidiary, Dalrada Energy Services, has ventured into a strategic partnership with San Francisco-based software company, Banyan Infrastructure. The partnership gives secure cloud-based software as a service solution for DES sustainable infrastructure as well as renewable ESG projects.
With greater transparency, investors and lenders can securitize deals with much ease. Banyan Infrastructure’s secure SaaS platform brings together disparate data sources, streamlining workflows across a number of counterparties for ensuring contractual compliance.
DES President, Tom Giles said that partnering with Banyan provides DES a 360-degree view of financial components of ESG contracts across bank accounts, IoT monitoring systems as well as other asset management applications. Giles added that the capability ensures the ESG clients meet net-zero goals. He added that this will save money as well as help them get higher quality service.Banyan Infrastructure CEO, Will Greene said that green energy investors, as well as lenders, can accelerate decision-making using Banyan Infrastructure’s secure online platform.
Traders Corner
DFCO stock is trading below the 20-Day and 50-Day Moving averages of $0.35 and $0.42 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.56.
