As another trading week comes to a close, it is perhaps time for investors to get a better overview of what went on at the stock market. There were hundreds of stocks which made the news but the news related to some stocks were probably more important than others. This article is going to give you a brief summary of the stocks that made it to the news owing to some significant developments. Here is a quick look at seven of those.
Artificial Intelligence Technology Solutions Inc (OTCMKTS:AITX)– In recent times, Artificial Intelligence Technology Solutions Inc is one of the companies to have come into significant focus among investors who are looking into artificial intelligence related stocks.
Today the company is in the news after it announced that it launched its very first television advertisement. It should be noted that the advertisement is going to be made available to a limited audience. The advertisement is going to be particularly focussed on security and personal safety product RAD Light My Way, which is manufactured by Artificial Intelligence Technology Solutions’ fully owned subsidiary company Robotic Assistance Devices. Over the past months, Robotic Assistance Devices has also managed to bag plenty of orders for many of its products.
Sekur Private Data Ltd (CSE:SKUR) (OTCQX:SWISF) stock is gaining momentum and moved up 11.75%. The company will be appearing on Newsmax Sunday May 15, 2022.
Sekur Private Data Ltd is among the many online security companies that have been in focus among investors lately and today the company’s stock got a boost following a bullish research report earlier on this week. The report in question was authored by analysts at Fundamental Research Corp and it placed a BUY rating on the Sekur stock.
The target price for the stock was set at C$1.16 and that works out to roughly $0.89. Among many things, it was highlighted that in Q4 2021, Sekur had generated $81000 in revenues, which reflected a sequential rise of 77%.
Halberd Corporation (OTC:HALB)is another notable winner with a jump of 3.66%. Halberd Corporation has done some stellar work in the healthcare research space in recent times and yesterday the company made a key announcement with regards to its OTCQB uplisting.
Halberd announced that it had sent its completely audited financials up until the second fiscal quarter as well as the Form 10 to the United States Securities and Exchange Commission. It is the first step for the company to uplist its stock to the OTCQB from OTC PINK on the OTC Markets. If the stock does get uplisted then it is expected to come as a significant boost for the Halberd stock.
IPA (Immunoprecise Antibodies Ltd) (NASDAQ:IPA) (TSXV:IPA)– Another company that was in the news in a major way this week was that of IPA as the stock has gained about 6%. The company made a key announcement with regards to its Belgium based subsidiary company Biostrand earlier on in the week on Monday.
The company announced that Biostrand had managed to secure a grant worth as much as 460000 Euros from the Flanders Innovation & Entrepreneurship, a fund that belongs to the local Flemish government in Belgium. Biostrand could well prove to be the next generation breakthrough in welfare as it is a provider of a full service multi-omics platform.
Mass Megawatts Wind Power Inc (OTC:MMMW)– If you are interested in the renewable energy space then the news this morning with regards to Mass Megawatts Wind Power Inc will be of interest to you. The company announced this morning that it had experienced soaring demand for its solar energy owing to the fact that oil price had touched as much as $120 a barrel.
However, that is not all. The company also announced that its patented solar energy panel’s solar tracker product also experienced a bump in demand. It is hard to say how long the oil prices are going to stay up but the news is certainly a major positive for Mass Megawatts Wind Power.
Therma Bright Inc (OTCMKTS:TBRIF) (TSXV:THRM)– This past Tuesday Therma Bright Inc had come into the news in a big way after the medical devices company made an announcement with regards to its AcuVid(TM) COVID-19 Rapid Antigen Saliva Test.
The company announced that it was making preparations to submit an application to Healthh Canada for reviewing the product as a testing device for the detection of COVID 190 virus. It was a significant development and investors could do well to keep an eye on the progress.
Gaensel Energy Group Inc. (OTC:GEGR) is also gaining momentum after announcing its Montenapoleone 1838 s.r.l. has reached agreements for the strategic acquisition of Seventy Percent (70%), of the controlling interested of Tiburon Cafe’ Holding s.r.l., http://tribudelcaffe.it/. A critical component in the acquisition of Tiburon Cafe’ Holding s.r.l. Gaensel/ Montenapoleone 1838 was the award of the exclusive agreement with Epos Café s.r.l. a premier coffee roasting company in Italy.
Moreover, Montenapoleone 1838 is completing this week the acquisition of the operations of five additional retail coffee outlets in Italy which will be operating under the Gaensel/ Montenapoleone 1838 brand.