Over the past decades, the tech sector has created massive wealth for investors and it continues to do so as new forms of technology come into existence every other year.
One of the more important things to keep in mind is that entrenched companies can very quickly become obsolete due to the emergence of disruptive technologies and therein lies the beauty of the tech sector. At this point in time, there are certain companies that are slowly but surely emerging as disruptive tech companies. Here is a quick look at four such companies.
GBT Technologies Inc (OTCMKTS:GTCH) – The first company to look into at this point in time is GBT Technologies Inc and as it happens, the company was also in the news yesterday.
On Tuesday, the company announced that it would be further expanding its patent applications for its multiplanar, 3D , integrated circuit design and manufacturing continuation. The move from the company came in response to an action from the United States Patent and Trademark Office. In addition to that, it was also noted that GBT Technologies was also going to make an effort to get protection for the concepts of the original patent.
The original patent had been focused on semiconductor wafers that were supported to be mounted on horizontal and vertical planes. It might be a good time for investors to keep an eye on the GBT Technologies stock.
General Enterprise Ventures Inc (OTCMKTS:GEVI) is another stock to watch with disruptive fire elimination technology. Recently, The company provided a recap with regards to the recent events that had taken place at the company from the fourth fiscal quarter of 2021 through to the first quarter of this year.
The company noted that back on October 17, 2021, the Board of Directors of the company and the majority shareholders had approved the change in name to General Enterprise Ventures from General Environmental Ventures. That was one of the most important events with regards to the company in recent months.
However, in this context, it is perhaps necessary to bear in mind that earlier in the month on April 13 General Enterprise Ventures had managed to complete a crucial acquisition in the form of Mighty Fire Breaker.
Mass Megawatts Windpower Inc (OTCMKTS:MMMW) has been gaining momentum over the past few sessions. While it is true that there was no specific news about the company, it may be a good time for investors to note that earlier on in the month the company had hit a major milestone by submitting a filing for a registration statement on Form 10 to the United States Securities and Exchange Commission.
By way of this particular submission, the company wishes to list its stock as per the provisions of the Securities Exchange Act of 1934. It now remains to be seen if the stock can hold on to its momentum and add to its gains today.
Artificial Intelligence Technology Solutions (OTCMKTS:AITX) – The artificial intelligence space has grown at a remarkable pace in recent years and one of the companies that could be tracked by investors at this time is of Artificial Intelligence Technology Solutions.
Yesterday, the company was in the news once again after it emerged that its fully owned subsidiary company Robotic Assistance Devices Inc had managed to bag fresh orders. It was announced that a major worldwide logistics firm had placed an order for a solitary Wally and 2 AVA security robots from Robotic Assistance Devices. However, the identity of the client was not declared due to the confidentiality agreements that had been put in place.
Mineworx Technologies Ltd (OTCMKTS:MWXRF) (MWX.V) – Mineworx Technologies is currently regarded as one of the disruptive technology entities in the mining and recycling sectors and it may be a good idea for investors to consider taking a look.
The last time the company was in the news was back on May 3 when it announced that it had concluded the initial procedures as well as system checks in relation to the catalytic converter pilot plant. The plant in question is going to be located in Johnson City in Tennessee. This is a project that could help the company in taking the next step as a disruptive technology entity and investors could do well to keep an eye on the developments.
Houston Natural Resources Corporation (OTCMKTS:HNRC) – Houston Natural Resources Corporation is an interesting option at this point for investors looking into disruptive technology considering the fact that it is an oil and gas company which is bio responsible.
This past Friday that company was actually in the news after it provided an update with regards to its acquisition of Cunningham Energy LLC. The company announced that it was engaged in the due diligence part of the transaction and had engaged the services of investment banks as well as accounting firms for the same.
Susglobal Energy Corp (OTCMKTS:SNRG) has been in a bullish trend recently. Last month, the company announced its financial results for the fourth fiscal quarter and the full fiscal year, both of which ended on December 31, 2021.
In addition to that, the company also provided updates with regards to some of the operational progress that it had managed to make. One of the updates was with regards to the purchase of a property spanning 40,535 square feet in Hamilton, Canada. The purchase in question was made by the company through SusGlobal Energy Canada I Ltd, its fully owned subsidiary unit.
However, it was the financial performance that most investors are interested in and it may be a good idea to take a closer look at it. In the fourth quarter of 2021, the company managed to bring in revenues of only $144,246. It proved to be a massive year-on-year drop of as much as 66.63% from the revenues of $432,263 that it had generated in the prior-year quarter.
