Friday’s Penny Stock Watchlist: VKIN, SGMD, BLQC, CHNC, SYSX, GSPI

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

Viking Energy Group (OTCMKTS:VKIN) may be one of the best ways to play skyrocketing energy prices.   VKIN  has proven oil and gas assets valued at over $96 million located in North America in Kansas, Missouri, Texas, Louisiana, and Mississippi.  VKIN’s oil & gas holdings aren’t something the company speaks about regularly because it is focused on several ESG initiatives, which are covered below.   However, the fact is VKIN’s assets are increasing in value rapidly and the market has yet to factor that in, which is one reason to like the company.

Viking Energy (OTCMKTS:VKIN) is unique in that not only will its oil & gas assets rise in value; but its several diversified green energy subsidiaries will also benefit as rising oil prices push people toward green alternatives.  These include a Green biodiesel production facility and a carbon capture technology.  Other products in the company’s green portfolio include a medical waste treatment technology and a newly acquired Electric grid optimization technology that allows for retrofitting.  

Sugarmade Inc. (OTCMKTS:SGMD) stock was one of the notable active movers in previous trading session as the stock fell 12.50% at $0.0007 with over 152.85 million shares traded hands, compared to its average volume of 44 million shares.

The company announced preliminary financial results for its fiscal fourth quarter ending February 28, 2022. Salona posted revenue growth of 52% quarter-over-quarter in Q4 and 44% gross profit growth for the same period.

BlockQuarry Corp. (OTCMKTS:BLQC) stock continued to trend lower on Thursday. On Thursday, the stock was down 4.58% at $1.14 with more than 209K shares traded hands, compared to its average volume of 286K shares.  

BlockQuarry Corp. provides mining and hosting services in the digital currency space in North America. It uses a blockchain infrastructure to convert unique identifiable assets into interchangeable digital assets, such as Bitcoin and other fungible digital assets. The company was formerly known as ISW Holdings Inc. and changed its name to BlockQuarry Corp. in August 2021. BlockQuarry Corp. is based in Reno, Nevada.

China Infrastructure Construction Corp. (OTCMKTS:CHNC) stock was one of the most active stock buzzers. The stock ended flat at $0.0027 with over 3.43 million shares traded hands, compared to its average volume of 11.08 million shares.  

The company announced that Dante Picazo, its Chief Executive Officer, is surrendering over 500,000,000 shares of the Company’s common stock to the Company. The Company intends to use these shares for potential outstanding board directors that bring to the Company financial and a scientific business acumen, integrity and high ethics; as well as share-based employee benefits under an incentive plan that will permit the issuance of stock options, restricted stock, restricted stock units and other forms of compensation to its partners.

Sysorex Inc. (OTCMKTS:SYSX) stock was one of the notable active movers in previous trading session as the stock ended lower by 14.43% to $0.0261 with over 12.29 million shares traded hands, compared to its average volume of 2.49 million shares.

Sysorex, Inc. provides information technology and telecommunications solutions and services to enable customers to manage, protect, and monetize enterprise assets on-premises, in the cloud, or via mobile technology. It offers a range of information technology development and implementation professional services, including network performance management, cyber security, secure wireless, and IP video.

Green Star Products Inc. (OTCMKTS:GSPI) stock continued to trend lower on Thursday. On Thursday, the stock was down 15.45% at $0.0093 with more than 138K shares traded hands, compared to its average volume of 610K shares. 

Recently, the company announced that the company has partnered with XCPCNL Business Services Corporation (OTC Pink:XCPL), a venture development business that leverages knowledge, skill, and experience in the consumer products industry to develop and execute a Strategic Sales and Marketing Program for its Viro Spectrum Shield and Montana Biotic brands that are relevant and impactful to potential customers and evaluate potential merger opportunities.