United Homes Group stock plunges after Nikki Haley, directors resign
WILMINGTON, Del. - Protext Mobility, Inc. (OTC:TXTM), a micro-cap company with a market capitalization of $22.4 million, announced Wednesday the appointment of HE Mr. J. M. K. Nkosi, Ambassador Extraordinary and Plenipotentiary of South Africa to Chad, as the first member of its newly established Advisory Board. According to InvestingPro data, the stock has shown significant volatility, dropping 16% in the past week while maintaining a remarkable 189% gain over the past six months.
The biotechnology and alternative wellness company formed the Advisory Board in August 2025 to provide management with industry knowledge, strategic relationships, and market insights. According to the company’s statement, the board will offer guidance on business development opportunities and help navigate market conditions. The company’s shares have maintained robust trading activity, with a three-month average daily volume of 17.9 million shares.
Ambassador Nkosi, who is based in N’Djamena, Chad, brings diplomatic experience to the company as it seeks to expand its operations. Protext Mobility focuses on developing botanical products with bioavailable ingredients for nutraceutical and pharmaceutical applications using plant extraction technology.
The company indicated in its press release that the Advisory Board will eventually include additional business leaders and strategic advisors. Protext stated that the board’s formation is part of its efforts to increase market visibility, attract partners, and strengthen investor confidence.
The announcement represents the latest development in Protext Mobility’s corporate strategy since its prior acquisitions in the biotechnology sector.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.