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SNES

SenesTech

$1.38 /

+0.11 (+8.66%)

15:00
05/23/18
05/23
15:00
05/23/18
15:00

SenesTech jumps 13% after Pestmaster partnership plan in California

Shares of SenesTech (SNES), a developer of proprietary technologies for managing animal pest populations through fertility control, are rallying after the company announced it has partnered with Pestmaster Services, a provider of integrated pest management services. The companies announced that they have developed a "rapid rollout plan" for the deployment of ContraPest in California, once approval of ContraPest is final. CEO COMMENTARY: "We have been preparing this plan for some months, collecting sales leads, reviewing potential customer lists and conducting internal training. Now it is time to execute the plan," said Dr. Loretta P. Mayer, co-founder and CEO of SenesTech. "We have reviewed our existing projects, and we know exactly which customers would benefit from ContraPest in their integrated pest management plan. We also can now approach new customers and offer to do site assessments, and to determine if ContraPest would be right for them," said Jeff Van Diepen, president and Founder of Pestmaster Services. PRICE ACTION: Shares of SenesTech are off earlier highs, up almost 13% currently to $1.42 per share in afternoon trading.

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