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.
Bantec Inc. (OTCMKTS:BANT) stock was one of the notable active movers in previous trading session as the stock fell 14.30% at $0.0006 with over 22.23 million shares traded hands, compared to its average volume of 65.26 million shares.
The company announced that its subsidiary Howco received six IDC contracts to supply pressure transmitters, Anodes, V-Belts and Maintenance Kits.
Michael Bannon, Bantec’s Chairman and CEO stated: “we are excited about winning the six DLA Indefinite Delivery Contracts for pressure transmitters, anodes, v-belts and maintenance kits. The contracts total 1.5 million dollars. Five contracts are for one year and one is for five years. Each contract is a different OEM/Vendor. We expect to be successful in securing similar contracts. This sales achievement should significantly increase revenue projections for 2022 and beyond.”
iQSTEL Inc. (OTCMKTS:IQST) stock continued to trend lower on Tuesday. On Tuesday, the stock was down 4.04% at $0.6866 with more than 1.19 million shares traded hands, compared to its average volume of 1.21 million shares.
iQSTEL expects to close three acquisitions prior to the end of April 2022. CEO Leandro Iglesias has issued a update today as part of his regular series of updates detailing the company’s ongoing progress toward its $90 million 2022 annual revenue forecast and uplisting to Nasdaq in the first half of this year.
MGT Capital Investments Inc. (OTCMKTS:MGTI) stock was one of the most active stock buzzers. The stock moved down 4.56% at $0.0272 with over 2 million shares traded hands, compared to its average volume of 4.01 million shares.
MGT Capital Investments, Inc., a cryptocurrency mining company, mines and sells bitcoins. The company was incorporated in 1977 and is headquartered in Raleigh, North Carolina.
Dalrada Corporation (OTCMKTS:DFCO) stock was one of the notable active movers in previous trading session as the stock ended lower by 10.61% to $0.67 with over 288K shares traded hands, compared to its average volume of 101k shares.
The company announced a strategic partnership with LogosAKF, a Service-Disabled Veteran-Owned Small Business that is part of the federal Small Business Administration’s Mentor Protégé Program. Through this partnership, LogosAKF is now a preferred distributor of Dalrada ESG solutions as well as the exclusive engineering and design partner for DES worldwide. Together, DES and LogosAKF provide ESG-compliant building engineering, design, and commissioning services with innovative green energy-focused products that produce significant cost savings.
