Regardless of the state of the markets, there is almost always a demand for penny stocks among many investors for the simple reason that those stocks can often deliver considerable gains. However, at the same time, it should be noted that these stocks are volatile and hence, one should do his research well. This article provides you a glimpse into six penny stocks which could well pop sooner rather than later.
Real Brands Inc (OTCMKTS:RLBD) – The first company from the OTC Markets that makes it to the list is Real Brands Inc. The company had come into existence following a merger with the firm Canadian American Standard Hemp Inc.
The merger was a significant one considering the fact that it brought a whole lot of processes starting from industrial-scale hemp CBD extraction, processing, wholesaling, and production among others under one roof. It was a major coup and the merger had taken place back in 2020.
One of the more important things that is owned by the company is Halo 5, which is a form of proprietary extraction technology and could in fact prove to be one of the engines of Real Brands’ growth in the long term. As the hemp industry continued to grow, it may be a good time for investors to keep a close eye on Real Brands stock and its operations.
As it happens, there has not been any news about the company in recent times but back on June 2 this year, the company made a key announcement that you may look into.
At the time, the company had announced that it had inked a letter of intent with regards to the acquisition of all the assets belonging to Boulder Botanicals and Biosciences Laboratories Inc. Boulder Botanicals is involved in the manufacturing of private label as well as white label non-CBD and CBD products. It could well prove to be a major acquisition for the company and one that could help Real Brands in unlocking long-term value.
Dr. Food Inc (OTCMKTS:DRFS) – One of the penny stocks that may well be on many investors’ radars this morning is the Dr. Foods Inc stock. The stock did not have a great time on Thursday as it suffered from a strong selloff and ended the day with a decline of as much as 7%.
As the name suggests, the company is involved in the development and manufacturing of a range of food products. However, that is not all, Dr. Foods is also involved in the import and reselling of food products. It is a fairly new company and had been established last year. It is based out of Tokyo, Japan. It will be interesting to see if it can add to its gains today.
Asia Broadband Inc (OTCMKTS:AABB) – Another stock that may be looked into at this point is of Asia Broadband Inc, which went through a steep selloff and ended up with a decline of 9% for the day on Friday. There was no news about the company on Friday but back on June 28, Asia Broadband announced that it was going to distribute a restricted common share dividend on September 15, 2022. Shareholders were going to get 1 dividend share for each block of 100 shares that they owned.
Organicell Regenerative Medicine Inc (OTCMKTS:OCEL) – On Monday, the Organicell Regenerative Medicine Inc stock started the week off on a strong note as it ended the day with gains of as 6%. The excitement around the biopharmaceutical company may be related to the development from July 20.
On that day, the company had announced that it had been successful in securing fresh capital to the tune of as much as $4 million. The fresh financing is going to be deployed towards new clinical trials and also for general working capital purposes. It will now be interesting to see if the Organicell Regenerative Medicine stock can maintain its momentum and continue to add to its gains.
Cycle Energy Industries Inc (OTCMKTS:XFLS) – The next one to be part of the list of penny stocks all set to pop is the Cycle Energy Industries Inc stock, which had managed to deliver gains of as much as 7% on Monday. There was no news about the company that could have led to such a rally.
The company works through its subsidiaries and is involved in the acquisition, production and exploration of oil and natural gas fields located in Canada. Cycle Energy Industries had been established back in 2014 and is based out of Calgary in Canada. It may be a good idea for investors to keep an eye on it today.
Rogue Station Companies Inc (OTCMKTS:RGST) – There has not been any news in recent times about Rogue Station Companies Inc but it may be a penny stock worth tracking. Back on July 6, the company had been in the news after it announced that it had reached an agreement for the acquisition of Show Homes with Embell& Associates. The transaction did not lead to any dilution of the Rogue Station Companies stock.
