Companies in the News & Making News 2022 Stocks to Watch. If there is one truism with regards to the stock market then it is the fact that investors cannot hope to make informed decisions over the long term if they are now fully aware of the latest happenings in the market. Hence, it is absolutely necessary to be aware of the events surrounding many companies. In this article, we are going to look into a trio of companies that have made it to the news in recent days.
General Enterprise Ventures (OTCMKTS:GEVI) – The first one that makes it to this list of news-making stocks is the General Enterprise Ventures stock. The company had been on the radars of many investors ever since it announced that it had been successful in completing the acquisition of Mighty Fire Breaker.
Yesterday, the stock had managed to clock gains of as much as 10.59% intraday as investors piled on to it in a big way. In this context, it ought to be noted that the acquisition could in fact prove to be a significant one for General Enterprise Ventures. The acquisition of Might Fire Breaker marks the entry of the company into the fire elimination industry.
More importantly, Mighty Fire Breaker is one of the leaders in the particular industry at the national level and hence, the excitement among investors is palpable. It now remains to be seen if the stock can manage to hold on to its momentum today and end the trading week on a strong note.
GTX Corp (OTCMKTS:GTXO) stock was one of the notable gainers with a jump of 12.50% to $0.010 in Thursday’s trading session. Yesterday, the company announced that a national agreement had been signed in Sweden by way of which all the healthcare providers and the municipalities across the country are going to get access to GPS SmartSole monitoring and tracking solutions. It could prove to be a significant development for GTX Corp since Sweden’s market for such products could be huge.
Around 3% of its 10 million population suffer from a range of cognitive conditions and as per the law in the country, they are supposed to get universal coverage as long as they are legal residents. It will lead to the company getting the opportunity to distribute and sell the SmartSole product to as many as 300 healthcare organizations in the country.
GlobeX Data (OTCMKTS:SWISF) (CSE:SKUR) (FRA: GDT) stock could be in focus this morning as the company released important news late Thursday. The company announced that it has closed a private placement in the amount of CA$ 771,304.80 (US$ 617,488.43). The company sold a total of 2,203,728 Units for gross proceeds before banking and wiring fees of CA$ 771,304.80 (US$ 617,488.43) in equity financing in the form of Units.
The company priced one common share priced at CA$0.35 a share, and one share purchase full warrant. Each Full Warrant will entitle the holder to purchase a common share at a price of CA$0.70 per share for a two-year term.
Principal Solar (OTCMKTS:PSWW): stock went up nicely with a jump of 22.27% to $0.0280 on a high volume of 2.87 million shares. The company is best known for being a strategic investor in businesses that are involved in the renewable energy sectors as well as in traditional energy sectors like oil and natural gas.
Last week on March 17, the company’s Chief Executive Officer Bryan Toussaint provided a key corporate update. He announced that the company was going to have a special meeting of the board later on in the month in which a large number of topics, including strategic initiatives, are going to be discussed. The meeting in question is going to be hosted in the city of Enid in Oklahoma later on in the month.
Rushnet Inc (OTCMKTS:RSHN) was another key gainer in Thursday’s session. RSHN stock closed higher by 11.11% to $0.0020. On April 6, the company provided key updates with regards to some of the progress that it had made in several avenues.
The company announced that the much-anticipated audit of its books was going to be completed soon following some small adjustments. In addition to that, it was also noted that there was a positive response in relation to the audit. Hence, the next step for RushNet was going to be to take strong decisions so that the historical problems associated with the company and its old management did not have an impact on its future.
GBT Technologies Inc (OTCMKTS:GTCH) The company announced that it had submitted a non-provisional patent application to the United States Patent and Trademark Office. The patent in question is meant for protecting the advertisement systems, media, and methods related to some artificial intelligence-based concepts.
The exact nature of the patent is meant to provide protection to the artificial intelligence-powered technology from GBT Technologies that can embed advertisements onto images and text. The actual application had been filed by the company on April 19.
Net Savings Link (OTCMKTS:NSAV) – If you are currently looking into the crypto space for options, then it could be a good idea to consider having a look at the Net Savings Link Inc stock. The company is involved in the cryptocurrency, digital asset, and blockchain technology industries and it was in the news back on April 12.
At the time, Net Savings announced that it had been successful in concluding some major upgrades to NSAVCEX, its centralised cryptocurrency exchange. It was an important move for the company and it could help it in further strengthening its position in one of the fastest-growing industries in the world.
At this point in time, the worldwide centralized cryptocurrency market is pegged at a staggering $14 trillion and it is only expected to grow in the years to come.
Houston Natural Resources Corp (OTCMKTS:HNRC) – Last but not least, the Houston Natural Resources stock came into the news cycle yesterday after it made a key announcement yesterday. The company provided an outline of its strategy to sponsor and invest in Special Purpose Acquisition Corporations this year.
The company noted that it was going to invest in one SPAC Investment in each quarter of the year. It was a significant investment and one that could make it an interesting proposition for many investors in the coming days. It may now be a good idea for investors to consider adding the stock to their watch lists and watch for further developments with regards to Houston Natural Resources Corp.
