Backed By Breaking News, Low Float (MGRX) Shoots Vertically Up Approx. 10% Early

MGRX is popping-off green straight out of the opening bell. Backed By Breaking News, Low Float (MGRX) Shoots Vertically Up Approx. 10% Early August 1st Dear Reader, MGRX is popping-off green straight out of the opening bell. Part of the reason for this quick move (up approx. 10%) could be the huge announcement the company made this morning. Check it out: Mangoceuticals Engages Premier Global Software Development Firm, RedLime Solutions to Expand Technology Platform to Accommodate Increased Customer Flow Dallas, Texas, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Mangoceuticals, Inc. (NASDAQ:MGRX) (“MangoRx” or the “Company”), a company focused on developing, marketing and selling a variety of men’s H&W products via a secure telemedicine platform, including its uniquely formulated ED drug branded “Mango,” is excited to announce that it has engaged RedLime Solutions (“RedLime”), a global software development and IT Consulting company as its software support and development provider. Redlime has worked with major companies such as Pepsi, Nokia, Pizza Hut, and AT&T having developed various custom software solutions for them and their partners. “Bringing the RedLime team into the equation is a significant step toward engaging more customers, elevating the MangoRx customer experience, reducing the friction around expanding our product offerings, and laying a foundation for accelerating growth through new strategies, features, and verticals,” remarked Jacob Cohen. Mangoceuticals, Inc.’s Co-Founder and CEO. “This will add eight top-tier dedicated software developers to our already talented team, unleashing a new dimension to our growth outlook as we shift into a new gear focused on commercialization of new, innovative men’s health and wellness products and fin.an.cial performance.” Management notes that the partnership with RedLime is anticipated to: - Add additional features to the current customer journey and experience. - Expand customer support functionality including automation and other support features. - Streamline the addition of new products to the platform. - Expand development and support in anticipation of our affiliate marketing platform. - Drive new development projects that both enhance the current experience and for additional features and verticals to support future revenue generating opp's. Tom Joardar, CEO of RedLime, commented, “We are excited about the opp. to work with MangoRx to help facilitate the realization of its disruptive vision. The Company is anticipating significant demand growth following recent strides in marketing and visibility. It will be our job to help them handle this increased demand by enhancing and augmenting the MangoRx telemedicine platform on the back end to accommodate substantially increased traffic and customer flow.” ... Cohen continued, “This partnership accomplishes two of our main objectives right now: to establish a new technology foundation capable of keeping up with significant demand growth, and to set the stage for frictionless expansion into new verticals focused on the growing men’s health and wellness marketplace. This is a big piece of the puzzle coming into place and we look forward to working with Tom and his very talented Redlime team.” [Read the full article here.]( Remember, MGRX had [several oversold leaning technicals]( at close yesterday signaling a strong potential for a healthy reversal. It also has a [low float]( of fewer than 7Mn shares which means volatility can rear its head quickly (especially when there is positive news like today). Drop everything this second and get MGRX on your screen before it's too late. ----- Let's embark on a journey into the realm of healthcare, specifically focusing on a distinctive domain that often goes under-the-radar: men's health and wellness. Presently, there is a delicate matter that demands greater attention... A considerable number of men worldwide are encountering challenges in attaining their desired outcomes in intimate situations. This condition is recognized as e.rectile dys.function ("ED"). It is approximated that roughly 52% of men will encounter some form of ED during their lifetimes. (1) While it has become a prevalent issue, it is not without remedies. Recently, one Nasdaq traded company has introduced its "Make America Hard Again" campaign, spotlighting its groundbreaking ED solution that could potentially assist millions of men. The company's latest promotional endeavor, employing sponsorships, podcasts, major platforms, and commercials, aims to enhance awareness about its brand and establish itself as a household name in men's well-being. With the possibility of swift expansion and new, game-changing products, this company might be the next major player in the men's health market, following the path of Pfizer and its renowned pill. Considering its limited float of fewer than 7Mn shares, along with numerous groundbreaking news releases in the past few months, this Nasdaq breakout idea deserves a top spot on your watch-list now: *Mangoceuticals, Inc. (MGRX)* Mangoceuticals, Inc. is a company focused on developing, marketing, and selling a variety of men's H&W products and services via a secure telemedicine platform. And right now MGRX has 5 potential catalysts to sink your teeth into. Check them out: No. 1 - Low Float Volatility Could Appear At The Drop Of A Hat (Fewer Than 7Mn Shares) No. 2 - Another Top Men's Podcast Sponsorship Provides Ability To Reach Millions Of New Potential Customers No. 3 - A Brand Awareness Bump In August? This Exclusive Sponsorship Could Lead The Way No. 4 - Key Technicals Are Hovering Around Oversold Levels Suggesting Strong Reversal/Bounce Potential No. 5 - New Game-Changing Campaign Launched To "Make American Hard Again" But more on those in a second... Where Does Man Want To Go? Introducing Mango (think “Man Go”), a new and innovative product that helps men get hard and go hard. The Hard Truth About ED. 52% of men experience some form of e-rectile dys-function ("ED") throughout their life and that total increases anywhere from 5-15% between ages 40 and 70. While the risk of ED increases with age, it’s still possible for young men to experience ED. A recent study published found that ED affects 1 in 4 men under the age of 40. Your Health Isn’t A Tough Pill To Swallow – It’s Dissolvable. Mango is an innovative compound that combines key ingredients into a tasty, mango-flavored rapid-dissolving tablet (RDT) that hits the bloodstream quicker for faster results. At Mango, the company wants you to rise to the occasion…in more ways than one! Each part of the Mango formulation plays a critical role in helping men achieve optimum performance. Mango Wants You Hitting On All Cylinders. The company is leveling up your bedroom game so that you can be at the top of yours. Because when you look, feel, and perform your best, there is nothing to stop you from becoming that carefree, fun-loving, stylish, risk-taking renegade you’ve always been. How It Works - Ordering Mango Is Designed To Be Quick And Easy. Big Mango Energy Is A Feeling And A Lifestyle. Mango represents the confidence that comes with being healthy, from top to bottom, in the visible and not-so-visible areas. Se.xual wellness extends beyond the bedroom. The products in yourself-care routine affects your attitude and how you carry yourself. When you take ownership of your se-xual health and attend to your relationships, you project a certain, intangible air of confidence—a vibe of easygoing self-assuredness and ease. Mango is more than just science-backed treatments and products delivered discreetly and conveniently to your door. It’s about empowering you to live a more fulfilled life. [Read more details and grab sources here.]( ----- And as mentioned above, MGRX has several potential catalysts to focus on immediately. Check them out: No. 1 MGRX Potential Catalyst - Low Float Volatility Could Appear At The Drop Of A Hat (Fewer Than 7Mn Shares) According to the [Market Watch]( website, MGRX has a fairly low float. The website reports this profile to have approximately 6.57Mn shares in its float. Why is that important? It's important on one crucial level. Volatility. Could more positive company news in 2023 provide a near term spark? ----- No. 2 MGRX Potential Catalyst - Another Top Men's Podcast Sponsorship Provides Ability To Reach Millions Of New Potential Customers Mangoceuticals, Inc. Adds Top Men’s Podcast, Pillow Talk with Ryan Pownall, to Sponsorship Portfolio Dallas, Texas, July 27, 2023 (GLOBE NEWSWIRE) -- Mangoceuticals, Inc. (NASDAQ:MGRX) (“MangoRx” or the “Company”), a company focused on developing, marketing and selling a variety of men’s H&W products via a secure telemedicine platform, including its uniquely formulated ED drug branded “Mango,” is excited to announce that the Company has been engaged as an exclusive new sponsor by ITS MEDIA for the wildly popular Pillow Talk podcast. The arrangement also covers ad placement on Pillow Talk’s popular related Instagram and TikTok feeds. The Pillow Talk podcast boasts a ranking of #1 among all Canadian podcasts in the world. It also holds the #3 ranking in the world in terms of most viewed podcast clips on social media and the #6 ranking in terms of downloads within the global Comedy podcast segment. The podcast has been downloaded over Apple and Spotify over 272k times in the past three months. It has also racked up over 12Mn impressions per month on YouTube and Twitter. Pillow Talk also has an enormous social media footprint, with over 36Mn accounts reached on Instagram in the past 90 days and more than 25Mn TikTok views in the past 60 days. “We look forward to working with Ryan and his team at Pillow Talk as we see this as another true top-tier male focused media channel capable of delivering enormous results in terms of connecting MangoRx with our target demographic,” commented Jacob Cohen, CEO and Co-Founder of MangoRx. ... [Read the full article here.]( ----- No. 3 MGRX Potential Catalyst - A Brand Awareness Bump In August? This Exclusive Sponsorship Could Lead The Way Mangoceuticals Engaged by Social Media Sensation Adam22 as Exclusive New Sponsor of Hit Podcasts with Skyrocketing Male Engagement Dallas, Texas, July 18, 2023 (GLOBE NEWSWIRE) -- Mangoceuticals, Inc. (NASDAQ:MGRX) (“MangoRx” or the “Company”), a company focused on developing, marketing and selling a variety of men’s H&W products via a secure telemedicine platform, including its uniquely formulated ED drug branded “Mango,” is excited to announce that it has been engaged as an exclusive new sponsor by Adam22 and will be featured on a series of No Jumper and Plug Talk episodes beginning in August 2023 ... “Adam22 has his finger on the pulse of a demographic that represents an excellent fit for MangoRx, providing a new road to achieving our revenue growth targets by reaching large audiences and promoting our products nationwide,” stated MGRX Co-Founder and CEO, Jacob Cohen. “Our focus right now is on driving powerful sales growth. This partnership holds the potential to create an enormous bump in brand awareness, sales, and market share in the growing men’s health and wellness marketplace, and we look forward to working with Adam and his team beginning next month.” Both the No Jumper and Plug Talk podcasts have grown to amass large engaged audiences. The No Jumper social media universe has amassed nearly 12Mn followers across YouTube, Instagram, Tik Tok, Twitter, and Snapchat. Nearly 90% of those followers are male, and 93% are between 18-44 years of age, suggesting a very strong correlation between the MangoRx target market and the large and growing No Jumper audience. ... [Read the full article here.]( ----- No. 4 MGRX Potential Catalyst - Key Technicals Are Hovering Around Oversold Levels Suggesting Strong Reversal/Bounce Potential As of 1:30PM EST Monday, Barchart was reporting this profile to have several oversold leaning technicals. These technicals could be signaling a healthy reversal could be approaching in the near term. Here's the definition of a "reversal" from [Investopedia]( "A reversal is a change in the price direction of an asset. A reversal can occur to the upside or downside. Following an uptrend, a reversal would be to the downside. Following a downtrend, a reversal would be to the upside. Reversals are based on overall price direction and are not typically based on one or two periods/bars on a chart." Now, here are [some key technicals]( (as of 1:30PM EST Monday) that could signal MGRX to be leaning oversold and on the verge of a potential reversal: - 9-Day Relative Strength Index: 24.43% - 14-Day Relative Strength Index: 30.89% When these numbers drop down to the 30% range and lower, they can be viewed as being in oversold territory. While in this territory, they can paint the picture of a profile that is undervalued. - 14-Day Raw Stochastic: 15.34% - 14-Day Williams %R: 84.66% As the Raw Stochastic nears the 10% range and lower and the Williams %R nears the 90% range or higher, these technical indicators may also be viewed as oversold and undervalued. Keep an eye on these technicals closely. ----- No. 5 MGRX Potential Catalyst - New Game-Changing Campaign Launched To "Make American Hard Again" Mangoceuticals Launches “Make America Hard Again” Campaign & Merchandise Website Dallas, Texas, June 27, 2023 (GLOBE NEWSWIRE) -- Mangoceuticals, Inc. (NASDAQ:MGRX) (“MangoRx” or the “Company”), a company focused on developing, marketing and selling a variety of men’s H&W products via a secure telemedicine platform, including its uniquely formulated ED drug branded “Mango,” is pleased to announce the launch of its new “Make America Hard Again” nationwide marketing campaign and website, www(dot)MakeAmericaHardAgain(dot)com. ... “Our newly launched Make America Hard Again campaign is more than just a new marketing concept—it’s a mantra and a movement as our mission is to help men go hard in every aspect of their lives,” stated MangoRx’s Co-Founder and CEO, Jacob Cohen. “When we established the Mango brand, we envisioned much more than just ED products. We envisioned building a brand that transcends into other products in the men’s health marketplace while empowering men toward new heights—helping them go as hard as they can go, being the best version of themselves that they can be.” ... [Read the full article here.]( ----- MGRX Recap - The Top 5 Potential Breakout Catalysts To Focus On Right Now No. 1 - Low Float Volatility Could Appear At The Drop Of A Hat (Fewer Than 7Mn Shares) No. 2 - Another Top Men's Podcast Sponsorship Provides Ability To Reach Millions Of New Potential Customers No. 3 - A Brand Awareness Bump In August? This Exclusive Sponsorship Could Lead The Way No. 4 - Key Technicals Are Hovering Around Oversold Levels Suggesting Strong Reversal/Bounce Potential No. 5 - New Game-Changing Campaign Launched To "Make American Hard Again" ----- Coverage is officially initiated on MGRX. When time allows, do this: Get MGRX on your radar now. Sincerely, FierceAnalyst | Jaks Swift Editorial Writer [Source 1]( (Always Remember The St-ock Prices Could Be Significantly Lower Now From The Dates I Provided.) FierceInvestor (FierceInvestor . com) is owned by SWN Media LLC, a limited liability company. Ownership of FI has now moved to a single individual. 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