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.
WikiSoft Corp. (OTCMKTS:WSFT) stock was in action in the previous trading session as the stock went down 31.08% to $0.0550 with over 440K shares traded hands, compared to its average volume of 513K shares.
WikiSoft Corp. operates as a big data provider of information for businesses. The company operates Wikiprofile.com, an online platform to provide information on companies, business people, and investors; and develops Wikifunding, a website to accelerate matching startups with investors.
Pacific Ventures Group Inc. (OTCMKTS:PACV) stock continued to trend in a range on Friday. On Friday, the stock was down 39.21% at $0.0562 with more than 15.38 million shares traded hands, compared to its average volume of 1.99 million shares.
“The first quarter of 2022 was highlighted by strong organic growth across our business, with our Seaport Meat Company subsidiary contributing significantly to our performance,” said Shannon Masjedi, President and CEO of Pacific Ventures Group. “
Notably, the quarter’s record sales were up 43% over the prior years’ quarter, primarily due to strong demand from our growing customer base. We are executing well on our strategy to continue this growth trajectory as we expand our sales channels and increase cross-selling opportunities across our businesses. I look forward to sharing our full first quarter results as we look ahead to the second half of the year.”
Halberd Corporation (OTCMKTS:HALB) stock was one of the active stock buzzers. The stock ended down by 10.51% to $0.0166 with over 5.63 million shares traded hands, compared to its average volume of 1.40 million shares.
The company engaged the services of mdi Consultants, Inc. (mdi) to assist Halberd in navigating the U.S. Food and Drug Administration’s (FDA) complex application and certification processes. mdi will guide Halberd on the FDA application and testing protocol and assist in filing the appropriate documents and disclosures with the FDA in each stage of the process.
Cybernetic Technologies Ltd. (OTCMKTS:HPIL) stock was one of the notable active movers in previous trading session as the stock ended flat at $0.0010 with over 109.23 million shares traded hands, compared to its average volume of 97.95 million shares.
Recently, . the company announce that it has secured a $CAD 32 million capital commitment from GEM Global Yield LLC SCS (“GEM”), for a 36-month term following the public listing of the Company’s common stock on the Canadian Stock Exchange (CSE). HPIL intends to use the funds to strengthen its business, by providing the financial resources to develop its business segments and markets as well as to incubate further technologies.
Mycotopia Therapies Inc. (OTCMKTS:TPIA) stock was one of the active stock buzzers. The stock ended up by 37.44% to $2.90 with over 22K shares traded hands, compared to its average volume of 2K shares.
Ei.Ventures Inc. (“Ei”) announced an update on the previously announced merger with Mycotopia (OTC: TPIA) Ei has executed a definitive agreement with Mycotopia bringing the two entities together under PSLY.com as the companies move forward with their plan of uplisting to the NASDAQ stock exchange.
