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
Sparta Commercial Services, Inc. (OTCMKTS:SRCO) just launched SpartaPayIQ, a crypto payment gateway developed for e-commerce and brick & mortar businesses. SpartaPayIQ makes SRCO makes a ‘first of its kind’ vertically integrated crypto commerce company.
Two great examples of online vertical integration include:
Netflix- produces shows and films as well as provides the distribution network through its streaming services.
Amazon- marketplace for buyers and sellers – but it also offers its own products and services, as well as its own distribution channel.
SRCO is applying this model to cryptocurrency payment processing. A recent Crypto.com Research Report states there are approximately 221 million cryptocurrency users worldwide holding over $2 Trillion worth of cryptocurrency to spend. That’s why the Global Crypto Payment Gateway Market is expected to grow with a CAGR of 22.8% over the next six years, according to Brandessence Market Research.
SRCO is making its bid to take a sizeable piece of this sizeable market.
Golden Developing Solutions Inc. (OTCMKTS:DVLP) stock was in action in the previous trading session as the stock gained 43.48% to $0.0066 with over 61.07 million shares traded hands, compared to its average volume of 8.07 million shares.
Golden Developing Solutions, Inc., together with its subsidiaries, engages in developing an online retail business for cannabidiol (CBD) products. It develops and operates an Internet website that offers CBD, hemp oil, and health/wellness related products, including vitamins, supplements, CBD based tinctures, vapes, soft-gels, and other products. The company was formerly known as Clean Hydrogen Producers, Ltd and changed its name to Golden Developing Solutions, Inc. in April 2017. Golden Developing Solutions, Inc. was incorporated in 1998 and is based in Fort Lauderdale, Florida.
Q BioMed Inc. (OTCMKTS:QBIO) stock was one of the notable active movers in previous trading session as the stock was down 13% at $0.27 with over 901k shares traded hands, compared to its average volume of 134K shares.
Q BioMed Inc., a biomedical acceleration and development company, focuses on licensing, acquiring, and providing resources to life sciences and healthcare companies. The company offers Strontium Chloride SR89 and Metastron, a radiopharmaceutical therapeutic for the treatment of metastatic bone cancer pain.
SportsQuest Inc. (OTCMKTS:SPQS) stock continued to trend higher on Monday. On Monday, the stock ended up by 33.33% to $0.0036 with more than 6.80 million shares traded hands, compared to its average volume of 3.90 million shares.
SportsQuest, Inc., through its subsidiaries, operates as a wholesale supplier of vegetable chips, fruit chips, mixed nuts, and cracked corn to distributors, restaurants, and ethnic grocery stores in Central Florida. It also owns 2 multifamily mobile home communities, such as Augusta Mobile Manor.
Moon Equity Holdings Corp. (OTCMKTS:MONI) stock was one of the most active stock buzzers. The stock soared 28% to $0.0125 with over 9.20 million shares traded hands, compared to its average volume of 198K shares.
Moon Equity Holdings Corp. engages in Fintech-crypto-gold business in the United States. The company was formerly known as World Oil Group, Inc. and changed its name to Moon Equity Holdings Corp. in July 2021. Moon Equity Holdings Corp. was incorporated in 2013 and is based in Debary, Florida.
Wuhan General Group (China) Inc. (OTCMKTS:WUHN) stock was one of the notable active movers in previous trading session as the stock was ended up by 2 % at $0.28 with over 17K shares traded hands, compared to its average volume of 75K shares.
Wuhan General Group (China), Inc., through its subsidiaries, researches, develops, and commercializes a range of cannabidiol (CBD)-based products under the Dr. AnnaRx brand for pharmacies. It also focuses on exploring and developing other indications for psilocybin new therapies that will enable patients who suffer from mental illness. The company offers its products for medical applications, including cancer, mental disorders, chronic pain, and others. Wuhan General Group (China), Inc. is headquartered in Pointe-Claire, Canada.
