Wednesday’s Best OTC Bets: SRCO, HEMP, GXXM, ILST, SIRC, RGBP

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.

Hemp, Inc (OTCMKTS:HEMP) stock was in action in the previous trading session as the stock ended flat at $0.0010 with over 42.63 million shares traded hands, compared to its average volume of 69.82 million shares.    

The company announced today that its CBD-CBG-CBN Natural Sleep Aid Capsules are available for sale… completing its Super Cannabinoids Sample Pack on the King of Hemp® website. The Super Cannabinoid Sample Pack includes one bag of CBD-CBG-CBN Sleep Aid Capsules for sleeplessness; one bag of CBD-CBG Pain and Anxiety Relief Capsules; and, three 1 ml bottles of the CBD-CBG Super Tinctures (1 of each flavor).

GEX Management Inc. (OTCMKTS:GXXM) stock continued to trend in a range on Monday. On Monday, the stock was up 1.43% at $0.0142 with more than 10.42 million shares traded hands, compared to its average volume of 7.74 million shares.      

GEX Management, Inc. provides business services and consulting and staffing solutions to corporations. It offers payroll processing services, including tax filling and remittance, and quarterly payroll tax reporting; and staffing services comprising interview vetting, background check, drug screening, onboarding and termination guidance, and company operation troubleshooting.

International Star Inc. (OTCMKTS:ILST) stock was one of the active stock buzzers. The stock ended up by 30% to $0.0075 with over 31.80 million shares traded hands, compared to its average volume of 18.62 million shares. 

International Star, Inc. engages in the acquisition and exploration of precious and base metal mineral properties in the United States. It primarily explores for gold, silver, and other minerals. The company owns properties in the northern Black Mountains in Mohave County, Arizona. It holds interest in the Van Deemen Mine property, which consists of five unpatented lode mining claims totaling approximately 100 acres in the northern Black Mountains in Mohave County, Arizona.

Solar Integrated Roofing Corporation (OTCMKTS:SIRC) stock was one of the notable active movers in previous trading session as the stock went up 4.55% to $0.2185 with over 755K shares traded hands, compared to its average volume of 1.96 million shares.

Recently, the company provided a corporate update with recent highlights from its key divisions, while concurrently announcing record year-to-date sales of $110.0 million (preliminary, unaudited) as of May 20, 2022.

“The remarkable sales growth we have seen in 2022 as driven by effective marketing campaigns and strong operational execution across our integrated family of companies,” David Massey, Chief Executive Officer of Solar Integrated Roofing Corp.

Regen BioPharma Inc. (OTCMKTS:RGBP) stock was one of the active stock buzzers. The stock ended up by 2.222% to $0.0046 with over 29.84 million shares traded hands, compared to its average volume of 33.21 million shares. 

Regen BioPharma, Inc. focuses on the development of regenerative medical applications in the United States. It engages in actively identifying small molecules that inhibit or express NR2F6 leading to immune cell activation for oncology applications, and immune cell suppression for autoimmune disease. The company is in the early stages of development of its products, and therapies. Regen BioPharma, Inc. was incorporated in 2012 and is based in La Mesa, California.