Following were the notable penny stock buzzers in the previous session on high volume. Keep an eye on these stocks this week.
If you are interested in nanocap stocks here is one you should look into
Marketing Worldwide Corp. (OTCMKTS:MWWC) developer of crypto mining platform ‘Minosis’, released beta testing results that prove the platform’s viability. The company projects profits for 2022 with only 1000 testers, once the platform goes live these numbers could multiply quickly.
This may not have been the most significant announcement in the release, however, MWWC has retained BlockchainX to push forward its proprietary coin, the Minosis Token “$MWS.” While Minosis will be able to mine BTC, ETC, and four other top cryptocurrencies, MWS could be its greatest revenue generator in the long run. Especially if it can follow in the footsteps of meme currencies like $DOGE or $SHIB who made news of its own recently after Steven Cooper, CEO of Bigger Entertainment, started to rally the #shibarmy to burn of 1 billion SHIB tokens.
News like this may have evaded investors due to the sheer amount of bitcoin noise, but based on $MWWC’s corporate Twitter, there are several more updates to come over the next month and a half. Any of them could be a catalyst for MWWC stock.
Asia Broadband Inc. (OTCMKTS:AABB) stock was in action in the previous trading session as the stock ended up by 5.20% at $0.0002 with over 13.24 million shares traded hands, compared to its average volume of 26.77 million shares.
The company announced that it has signed a Letter of Intent (“LOI”) to acquire additional high-grade gold properties Zodiac II and Zodiac III in Buen Pais, Mexico. AABB management is in the process of negotiating the terms of the prospective new adjacent acquisitions to add to the recently acquired Zodiac I property and management expects to reach an agreement after a due diligence and assessment period.
KYN Capital Group Inc. (OTCMKTS:KYNC) stock was one of the notable active movers in previous trading session as the stock slumped 34.50% to $0.0019 with over 370 million shares traded hands, compared to its average volume of 67.41 million shares.
KYN Capital Group, Inc. operates as a holding company for acquisitions, entertainment, blockchain, cryptocurrency, and touchless payments. It offers Koinfoldpay, a contactless crypto payment gateway for businesses. Its Koinfoldpay allows business to receive Bitcoin, Ethereum, Bitcoin cash, and Litecoin for online payments. The company was formerly known as New Taohuayuan Culture Tourism Co., Ltd. and changed its name to KYN Capital Group, Inc. in April 2015. KYN Capital Group, Inc. was founded in 1997 and is based in Ione, California.
Xunlei Limited (Nasdaq:XNET) stock continued to trend higher on Wednesday. On Wednesday, the stock was up 5.5% at $1.51 with more than 169K shares traded hands, compared to its average volume of 371K shares.
The company announced that it plans to release its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2021 on March 17, 2022 before market open.
North Peak Resources Ltd (OTCMKTS:BTLLF) stock was seeing selling pressure in the previous session with a fall of 24% to $2.88. The stock traded 164K shares, below its average volume of 92K shares.
The company announce that it intends to complete a non-brokered private placement of up to 2,173,913 equity units of the Company at a price of CAD$2.30 per Unit for gross proceeds of up to CAD$5,000,000.
