There may not be a lot of coverage of sub-penny stocks in the traditional media but it is necessary to keep in mind that such stocks enjoy a significant following among a large number of investors. These are stocks that are often available for levels much below a dollar and hence, it is possible for investors to accumulate a large number of shares for very little investment. Hence, it there is a big move then it is possible for investors to make significant amounts. If you are currently looking into sub-penny stocks then there are a few stocks that you could look into. Here is a look at six of those.
CarbonMeta Technologies Inc (OTCMKTS:COWI) – The first sub-penny stock that you could consider looking into at this point is that of CarbonMeta Technologies Inc. Not too long ago, the company was in the news after its Chief Executive Officer and Chairman Lloyd Spencer appeared in an interview in which he spoke about CarbonMeta’s improved performance.
He noted that the company had been able to improve its balance sheet considerably in recent times. In addition to that, he also spoke about the innovations that CarbonMeta had managed to bring about in the field of waste management. He also spoke about the fact that the company had also started other important projects like upcycling plastic waste into high-value carbon and hydrogen. This is a company that could be watched closely.
Rushnet Inc (OTCMKTS:RSHN) – The next one that could be looked into from among sub-penny stocks is the Rushnet Inc stock. The company is described as an operator of a national diagnostics laboratory, which is also involved in the healthcare billion and coding niches. The company nowadays operates through Grandeza Healthcare and heliosDX. More importantly, Rushnet has been on record stating that it is looking to boost its revenues to $50 million a year within the next three years and hence, unlock considerable value for shareholders.
The company is determined to deliver upon its target and hence, it makes it an interesting sub-penny stock to follow. Another aspect of potential growth for the company is its target of acquiring a toxicology company.
Epazz Inc (OTCMKTS:EPAZ) – The next one in the list is a company that is involved in the blockchain and cryptocurrency space. Epazz is regarded as a cryptocurrency blockchain mobile apps company. However, last month on March 29, the company announced that its CryObo NFT Solar Power which was involved in a Bitcoin conversion project was going to have its own app.
The company announced at the time that the app was going to be launched at some point in the third quarter of 2022. CryObo is a metaverse project and the involvement of Epazz with it is an important thing that investors ought to keep in mind. The metaverse is expected to balloon into a multibillion-dollar industry and hence, investors could do well to keep this in mind when considering the Epazz stock.
Human Unitec International Inc (OTCMKTS:HMNU) – Human Unitec International Inc is involved in the project management, project finance, and development space spread across several industries. It is involved in the medical, wellness sustainability and green energy sectors. While it is true that the company is involved in all those sectors, it is also making an effort to move into the cryptocurrency space and it has done so by way of the PBT Coin. It is one aspect of the company that makes it stand out from other companies of a similar nature at this point in time.
AllStar Health Brands (OTCMKTS:ALST) is another company that is focused on Metaverse technology. Earlier this year, the company signed a Letter of Intent with Advent Galaxy Inc., a division of TGI SOLAR POWER GROUP Inc., toward the planned purchase of 25% of all the issued and outstanding shares of Advent Galaxy.
As per the agreement, ALST will buy 25% of all common shares of ADVENT GALAXY by issuing Preferred Series B shares of ALST priced @ $10.00 per share in an aggregate number equal to 1,500,000 and an aggregate purchase price of $15,000,000, which in turn makes the value of Advent Galaxy Inc. $60 million.
Extreme Biodiesel (OTCMKTS:XTRM) – While the name may suggest something else, Extreme Biodiesel is actually involved in the real estate development space and maybe an interesting company for many value hunters. The company, which operates out of Boise in Idaho, is operating in a hot market in the United States at this point and the continued growth of the real estate sector makes it a company that may be worth following.
Earlier this month, the company reported strong revenues in the first fiscal quarter and on top of that, also made announcements with regards to its accomplishments. It started 11 new homes in the first quarter and closed the sales of 6 homes. The company also announced that it expected total sales this year to hit the $20 million mark.
