The OTC Markets may often prove to be one of the more important markets to scour for when you are looking for undervalued stocks. Every day, hundreds of thousands of investors flock to the OTC Markets to discover such stocks. In recent days, some stocks on the OTC Markets have managed to emerge as notable gainers and it may be a good time for investors to add those stocks to the gainers’ watch list. This article gives you a detailed look into four such stocks that fall in that particular category.
Rogue One Inc (OTCMKTS:ROAG) – If you are interested in alcohol stocks then it could be the right time to consider taking a look at the Rogue One Inc stock. The company is a distiller which is involved in tequila manufacturing and that is a market that is expected to grow at a decent clip in the coming years.
In order to get an idea about Rogue One’s position as a company, it may be a good idea to take a look at some of the highlights of its financial results from the fiscal quarter that ended on March 31, 2022. It should also be noted that the numbers also include finances of its fully owned subsidiary unit Human Brands International, which is a spirit and hospitality entity fully focused on tequila.
The company managed to bring in revenues of as much as $520761 for the period and it was a significant development considering the fact that prior to making the key acquisition, the company had not generated any revenues.
Due to the acquisition of Human Brands, the company also gained control of a number of supply contracts which range from the order of 5000 liters to 200000 liters on a monthly basis. The company currently has assets worth $18 million.
MariMed Inc (OTCMKTS:MRMD) – As far as cannabis stocks are concerned, many have had a rough time in recent months but one of the stocks that could be tracked by investors today is of MariMed Inc. The cannabis company operates across multiple states in the United States and it was in the news back on June 29.
At the time, MariMed announced that it had been awarded its long-form final prospectus with regards to its non-offering back on June 29 by the Ontario Securities Commission. In addition to that, at the same time, MariMed also got conditional approval from the Canadian Securities Exchange for listing its common shares on the exchange. It may be a good move for investors to keep an eye on the MariMed stock from time to time.
ILUS international (OTCMKTS:ILUS) stock has been trading within a narrow range over the past few weeks.
Last month, the company announced that one of its fully owned subsidiary companies, Emergency Response Technologies Inc. The company is focused on making acquisitions in the public safety industry. It currently functions as the public safety subdivision of ILUS.
On Friday, Emergency Response announced that it had appointed a new Chief Executive Officer in the form of Dan Peters. Peters is a highly experienced executive and has considerable knowledge of the emergency response industry and also holds experience in the manufacturing involved in the space. In addition to that, he has also been regarded as an executive who has a successful track record with regard to business development.
Aquaculture company NaturalShrimp Inc (OTCMKTS:SHMP) managed to reverse the trend in its stock yesterday as it made a recovery and ended the day with gains of 6%. However, it should be noted that despite the recovery made by the stock, it is still down by as much as 30% over the course of the past week.
On Tuesday, the stock rallied strongly after NaturalShrimp issued a letter that was addressed to its shareholders. The letter was meant to provide shareholders with an update with regard to the company’s activities up until the middle point of 2022. In the letter, it was reiterated that NaturalShrimp was committed to the production of gourmet, land-based, fresh shrimps which contain no chemicals or antibiotics and the mission was gaining considerable momentum.
It was noted that the production levels have gone up and so have the sales. In addition to that, NaturalShrimp has also been conducting independent trials for its Electrocoagulation and Hydrogas technologies. More importantly, there has been a fresh wave of interest in the company from the investment fraternity.
Wikisoft Corp (OTCMKTS:WSFT) – In the past week the Wikisoft Corp stock has managed to clock gains of as much as 14% amidst and it appears that the rally may have been triggered by a key development last month. On June 24, 2022, the company had come into focus after it announced that it had finally changed its name to Quality Industrial Corp and was in the process of changing its ticker symbol as well.
Propanc Biopharma Inc (OTCMKTS:PPCB) – It was a hard day in the markets for Propanc Biopharma Inc investors as the company’s stock tanked by as much as 30%. It should be noted that the company was in fact in the news yesterday after its CEO James Nathanieslz made a fairly positive announcement. He noted that the intellectual property portfolio but investors did not quite seem to like the look of the announcement.
