Today’s Best OTC Bets: SRCO, LFAP, HIRU, FORZ, ZNOG, SIRC

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.

LGBTQ Loyalty Holdings Inc. (OTCMKTS:LFAP) stock was in action in the previous trading session as the stock ended higher by 6.67% to $0.0016 with over 39.48 million shares traded hands, compared to its average volume of 9.96 million shares.    

LGBTQ Loyalty Holdings, Inc. operates as a diversity and inclusion-driven financial methodology and data company. It operates LGBTQ100 ESG Index, an environmental, social, and governance (ESG) index that offers an added perspective for those seeking to align with equality-driven and ESG-responsible corporations. The company was formerly known as LifeApps Brands Inc. and changed its name to LGBTQ Loyalty Holdings, Inc. in May 2019. The company was founded in 2009 and is based in Wilton Manors, Florida.

Hiru Corporation (OTCMKTS:HIRU) stock continued to trend in a range on Wednesday. On Wednesday, the stock was up 2.78% at $0.0019 with more than 11.43 million shares traded hands, compared to its average volume of 20.82 million shares.      

Recently, the company announce a new Co-Packing arrangement with American Eagle Beverage based out of Scottsdale, Arizona. American Eagle Beverage is a white label water distribution company out of Scottsdale, Arizona (“American Eagle”). American Eagle provides small and large run white label water bottle for its clients to use for marketing purposes. With their “Liquid Business Card” program, clients can get their individual label placed on water bottles for marketing uses.

Forza Innovations Inc. (OTCMKTS:FORZ) stock was one of the active stock buzzers. The stock ended up by 38% to $0.0262 with over 2.51 million shares traded hands, compared to its average volume of 374K shares. 

The company provided a company update for Sustainable Origins Inc. (“Sustainable”), our first acquisition under the Forza umbrella. Based in Charlotte, North Carolina, Sustainable Origins is in the business of collections and refinement of renewable fuel inputs. Sustainable continues to expand steadily since the last update provided in a press release dated April 19, 2022.

Zion Oil & Gas Inc. (OTCMKTS:ZNOG) stock was one of the notable active movers in previous trading session as the stock went up 8.68% to $0.2830 with over 4.08 million shares traded hands, compared to its average volume of 3.10 million shares.

Recently, the company filed for a new exploration license in the Megiddo-Jezreel Valley on the same 99,000 area as the previous #401 license and the current #428 license.

“This new exploration license application will further our current and future work plans in Israel,” stated Vice President and Managing Director in Israel, Jeff Moskowitz.

Solar Integrated Roofing Corporation (OTCMKTS:SIRC) stock was one of the active stock buzzers. The stock ended lower by 3.89% to $0.21 with over 749K shares traded hands, compared to its average volume of 1.89 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.