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
Bemax Inc. (OTCMKTS:BMXC) stock was in action in the previous trading session as the stock ended flat at $0.0353 with over 2.2k shares traded hands, compared to its average volume of 64K shares.
Bemax Inc., a development stage company, engages in the distribution of disposable baby diapers to distributors and wholesalers in Europe, and South, East, and West Africa. The company was founded in 2012 and is based in Dallas, Georgia.
ILUS International Inc. (OTCMKTS:ILUS) stock was one of the notable active movers in previous trading session as the stock fell 3% at $0.1407 with over 4.49 million shares traded hands, compared to its average volume of 15.61 million shares.
At its Annual Shareholder’s Meeting on the 28th of January 2022, the company spoke of its plans to create a renewables subsidiary alongside its Emergency Response, Integrated Systems and Defense subsidiaries. Since then, the company has fielded several questions from its Shareholders on the progress of the renewables subsidiary. ILUS is in final preparations for the incorporation and launch of its first renewables asset, Replay Solutions, which will commence operations from Serbia and Dubai during the second quarter of 2022, followed by the United States during the fourth quarter of 2022.
Medical Marijuana, Inc. (OTCMKTS:MJNA) stock continued to trend higher on Wednesday. On Wednesday, the stock was up 14% at $0.0249 with more than 77.99 million shares traded hands, compared to its average volume of 10.04 million shares.
The company announced that it has satisfied and retired two of its three major outstanding debt liabilities, eliminating over $10 million of principal debt from its balance sheet. The satisfaction of the debt eliminates long-standing liabilities and aligns with the Company’s goal of cleaning up its balance sheet through establishing more profitable operations and removing pressure caused by debt sellers.
Digital Utilities Ventures, Inc. (OTCMKTS:DUTV) stock was one of the most active stock buzzers. The stock moved down 5% at $0.0116 with over 9.91 million shares traded hands, compared to its average volume of 23.93 million shares.
Digital Utilities Ventures, Inc., through its wholly owned subsidiary, Torq Communications, Inc., provides real time video transport system for the Internet. It offers The New Last Mile, a first live Internet to TV/cell phone broadcasting system. The company is headquartered in Fort Lauderdale, Florida.
Trans Global Group, Inc.(OTCMKTS:TGGI) stock was one of the notable active movers in previous trading session as the stock gained 7.20% at $0.0179 with over 33.21 million shares traded hands, compared to its average volume of 66.80 million shares.
Trans Global Group, Inc. focuses on effecting a merger or acquisition with an unidentified company. The company operates as an investment company that plans to acquire companies in the liquor industry in China. Previously, it was engaged in the general construction, and renewable and solar energy sector. The company is headquartered in Shenzhen, China.
InnerScope Hearing Technologies, Inc. (OTCMKTS:INND) stock was one of the notable active movers in previous trading session as the stock fell 4.55% at $0.0063 with over 18.64 million shares traded hands, compared to its average volume of 26.37 million shares.
InnerScope Hearing Technologies, Inc. provides hearing aids and its hearable, and wearable personal sound amplifier products to retail hearing aid dispensing community. The company engages in the provision of manufacturing and direct-to-consumer distribution/retail of hearing aids, personal sound amplifier products, hearing related treatment therapies, doctor-formulated dietary hearing supplements, and proprietary CDB oil for treating tinnitus.
