Thursdays OTC Watchlist: SHNJF, HEMP, PRCX, IPSI, HRBR, DPLS

The OTC Markets has created considerable wealth for thousands upon thousands of investors over the course of the past week and it is expected to do so in the future as well. However, the markets are a bit too volatile at this point in time and hence, it may be necessary for investors to be a bit more thorough with their research before getting into any stock. This article is going to give you a low down on some of the stocks listed on the OTC Markets, which could be added to your watch lists this morning. Here is a look at the six stocks.

Rogue Baron (OTCMKTS:SHNJF) – The demand for premium Japanese whisky is rising at a fairly brisk clip and it is expected to continue to go up in the foreseeable future. In this situation, it could be a good idea for investors to consider looking into such companies which may be involved in the sector directly. By that token, it may be time to take a look at the Rogue Baron stock, which is readying to meet the rising demand for premium Japanese whisky through its Shinju Japanese Whisky brand.

The brand of whisky has already won awards and the company has already put plans in place by way of which it seeks to build the business. It believes that the brand could become attractive for not only consumers but also investors and other brands which may eventually look to try and acquire the Shinju Japanese Whiskey brand. The stock has been in focus among investors in recent times and it may be a good time to add it to your watch lists.

Hemp Inc. (OTCMKTS:HEMP) – Another OTC Markets listed stock that has emerged as a significant mover over the course of the past week is the Hemp Inc stock, which clocked gains of as much as 13% during the period.

The company had actually come into focus back on June 9 after it announced that it had launched the vanilla flavoured coffee enhancer product and more importantly the product had been made available to consumers immediately. It was also noted that the CBD/CBG coffee enhancer is significantly more potent than regular products. As per Hemp Inc, the enhancer is fourfold more potent than the other enhancers in the market. It might be the right time to start keeping track of the stock.

Phoenix Rising Companies (OTCMKTS:PRCX) – This morning the Phoenix Rising Companies stock may well be on the watch lists of many investors who may be looking for any signs of recovery after it crashed by as much as 35% yesterday. The company mainly operates through its network of subsidiaries and is involved in the trading of gas, oil and lubricants in the Chinese market. 

Earlier it had been known as Resort Savers Inc but it was in May of 2020 that it had decided to change its name to Phoenix Rising Companies. The company had been in the news on May 26 when it announced that it had signed the MoU with regards to the acquisition of all the outstanding shares in the company Morpheus Robotics Inc.

Innovative Payments Solutions Inc  (OTCMKTS:IPSI) – The payments industry is one of the hottest industries at this point in time and if you are looking for such an option in the OTC Markets then Innovative Payments Solutions Inc may be the one to look into.

As it happens, the company’s stock has been on a roll in the past week and has managed to clock gains of as much as 78% amidst heavy interest. Back in the first week of April this year, the company had also announced that it had commenced the second launch of its IPSIPay App after it had got the necessary approvals from VISA for using the debit card services as a part of the app.

Harbor Diversified Inc  (OTCMKTS:HRBR) – Considering the fact that there was no news about Harbor Diversified Inc yesterday, it was perhaps not really a surprise that the stock did not get much action and remained within a range.

However, it ought to be noted that the company has made giant strides of progress over the course of the past three years. Back in 2019, the company had recorded an operating loss of as much as $19 million but in the 2021 fiscal year, it had finally managed to complete the turnaround by bring in a net income of $91.8 million. It is expected that numbers in 2022 could well be similar to that in 2021 and hence, it may well be a stock to look into for those with a long term outlook.

DarkPulse Inc (OTCMKTS:DPLS) – Laser based monitoring system providing company DarkPulse Inc was one of the companies on the OTC Markets to have come into deep focus among investors yesterday and its stock ended up with gains of as much as 11%.

The day before yesterday, DarkPulse announced that the company MultiNet Communications had been made the distributor for its BOTDA EREBOSÔ sending systems for the markets in Africa and Middle East. That proved to be a trigger for the stock.