As the trading week continues to progress, there are plenty of stocks that have emerged as the ones that may be watched closely by investors. Before the beginning of trading today, there may be a number of stocks that investors could look into this morning and this article is going to give them a glimpse into those stocks.
Cyberlux corporation (OTCMKTS:CYBL) stock has been moving within a narrow range over the past week after the recent jump. Earlier this month, the company filed the amended Quarterly Report for the period ending March 31, 2022, including some corrections as well as additions needed. These comply with OTC Markets’ request and have stated that it achieved a record $6,247,453 in Revenue as well as $1,243,246 in Net Income for quarter one of 2022. The company also said that its Balance Sheet Assets grew to $10,524,329 with organic growth as well as a platform acquisition strategy.
The firm achieved a 543% increase in revenue in year-over-year net income growth, $1,243,246 versus $193,440. Furthermore, its revenues augmented 13.8 percent quarter-over-quarter from quarter four of 2021 to quarter one of 2022. The management is expecting quarterly revenue growth to carry on during the year and is expecting a record quarter two of 2022.
Last week, Halberd Corporation (OTCMKTS:HALB) announced the creation of a subgroup of researchers, which will focus on cancer treatment. Its technology can be applied to several diseases and the management made a decision not to defer the development of potential cancer treatments.
Guided by the existing technical team members, it will add the necessary expertise for carrying the program ahead without diluting current efforts towards Alzheimer’s Disease Traumatic Brain Injury, Epilepsy, and depression amongst others. The technology has been seen to be effective against bacterial and viral infections too. The company is anticipating that eventually this may be spun off as a separate company.
In Mid-June, CECORS, INC (Psykey) (OTCMKTS:CEOS) announced the finishing of the final production of the premium functional mushroom-infused coffee line. The company will be launching the highly anticipated products along with the new website as well as an integrated e-commerce platform.
As per a report by the Allied Market Research, the global functional mushroom market generated $7.98 billion in 2020. It is estimated that it would reach $19.33 billion by 2030, witnessing a CAGR of 9.3% over the next ten years.
The stock has been witnessing a consistent rise over the past week with a jump of 8%.
Earlier this month, Golden Triangle Ventures Inc (OTCMKTS:GTVH) announced the preliminary details regarding the newly executed contracts for the installment of Electryone Drive green energy system. In the last few months, the company has worked on delivering clients, which would benefit from the Electryone Drive technology. It is now keen on sharing the initial disclosure of executed contracts with two different entities located in California and Arkansas.
The firm’s new customers include sawmill and large-scale lumber company with the 300-kilowatt-hour system as well as a vertically integrated agriculture company. The direct impact of the on-site microgrid will impact the economic outlook of businesses by lowering the carbon footprint and also reducing monthly electric bills. Every company is committed to maintaining a contract with Electryone as its power management provider.
Hydro Power Technologies (OTCMKTS:PYBX) aims to give and develop new innovative green hydropower technology options, which are safe, grid-ready, reliable, and cost-effective to utility providers globally. The company has made a system to augment the power output of the impact turbine hydro generation system.
First-generation of products includes HPT system known as “Hammer1”, harnessing hydraulic water phenomena for producing high speed, rapid-fire, long water projectiles having velocity 1.25 to 1.30 times more than the traditional “Free Flow” turbines in operation today.
Mass Megawatts Wind Power Inc (OTCMKTS:MMMW) announced that the vertical single-axis design of the solar tracker can effectively scale up a size for reducing the cost of desalination. This can produce a large volume of fresh water. Desalination can concentrate the sun’s heat on salt water, which then gets evaporated and leaves behind the salt.
Competing solar trackers such as horizontal single-axis solar trackers or even dual-axis versions can be harnessed for desalination. The additional cost of producing a larger volume of desalination can reduce the ability to be competitive.
Mass Megawatts will be a Full SEC Reporting Company on July 7, 2022. The reporting needs will lead to improved transparency with the investment community. The firm filed a Form 10 registration statement and amended Form 10 for registering the common stock.