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.
Raadr Inc. (OTCMKTS:RDAR) stock was in action in the previous trading session as the stock went down 25% to $0.0003 with over 22.84 million shares traded hands, compared to its average volume of 37.96 million shares.
The company announced that Larry “Bone Collector” Williams, the inaugural member of RAADR’s advisory panel, is featured in the 2022 film “Hustle” which is expected to begin airing on Netflix June 8, 2022. Mr. Williams attended Netflix’s “Hustle” world premier in Los Angeles on June 1, 2022. Adam Sandler, Lebron James and Queen Latifah were some of the celebrities that attended the world premiere.
Sun Pacific Holding Corp. (OTCMKTS:SNPW) stock continued to trend in a range on Wednesday. On Wednesday, the stock was down 15% at $0.0105 with more than 3.14 million shares traded hands, compared to its average volume of 4.31 million shares.
Sun Pacific Holding Corp., a green energy company, provides solar panel and lighting products in the United States. The company offers solar bus stops, solar trashcans, and street kiosks, as well as advertising services. It also provides general and electrical contracting services to a range of public and commercial customers. In addition, the company engages in building and developing a waste to energy plant in the State of Rhode Island. Sun Pacific Holding Corp. was incorporated in 2009 and is based in Manalapan, New Jersey.
Valiant Eagle Inc. (OTCMKTS:PSRU) stock was one of the active stock buzzers. The stock ended lower by 3.12% to $0.0016 with over 25.11 million shares traded hands, compared to its average volume of 7.18 million shares.
Valiant Eagle Inc. engages in the celebrity entertainment, social media, and television communications. It provides access to set of tools, which allow viewers to get tuned on topics, such as music, sports, and entertainment. The company was formerly known as PureSpectrum, Inc. and changed its name to Valiant Eagle Inc. in February 2020. Valiant Eagle Inc. is based in Woodland Hills, California.
CytoDyn Inc. (OTCMKTS:CYDY) stock was one of the notable active movers in previous trading session as the stock ended up by 15% at $0.50 with over 4.12 million shares traded hands, compared to its average volume of 2.29 million shares.
Recently, . the company announced that it has reached a non-cash settlement with its former Chief Medical Officer, Dr. Richard Pestell, concerning an ongoing legal dispute related to his former employment with the Company. Under the terms of the agreement, the parties will release each other of all claims, and the Company will release to Dr. Pestell 8.3 million shares of the Company’s common stock held in escrow, transfer to Dr. Pestell the assets acquired from ProstaGene LLC and subsequently written-off by the Company and issue a warrant at an exercise price of $0.37 per share to Dr. Pestell for seven million shares of the Company’s common stock.
