While it is true that penny stocks can often be notoriously volatile, it is also true that those stocks can often deliver considerable gains in a short period of time if investors pick the right stocks. However, it should be noted that lots of diligent research needs to be put in by investors if one is to identify the right stocks. This article seeks to provide you with a look into some of the penny stocks which could be on the very of popping. Here is a quick look at four such stocks.
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.
International Endeavors Corp (OTCMKTS:IDVV) – If you are looking into penny stocks which popped yesterday then it may be a good time to consider taking a look at the International Endeavors Corp stock, which ended the day with gains of 9%.
There was no news about the company yesterday and in fact, the last time the company was in the news was back on June 14 this year. At the time it emerged that after having entered the renewable energy market with a specific acquisition, the company had then made a move into the crypto mining product market. At this point in time, investors could do well to keep their eyes open with regards to the International Endeavors Corp stock.
Herborium Group Inc (OTCMKTS:HBRM) – Yesterday, the Herborium Group Inc stock emerged as one of the major penny stock movers as it ended the day with gains of as much as 33%. The botanical therapeutics company was in the news back on July 21 after it provided an update with regards to some of its milestones for the first six months of the year.
In addition to that, the company also provided a glimpse into the plans for the rest of the year. The announcements clearly came as a source of optimism for investors.
FOMO CORP (OTCMKTS:FOMC) – Investors had piled on to the FOMO CORP stock on Wednesday in a big way and sent it soaring by as much as 13% amidst heavy interest.
Although there was no news about the company on Wednesday, it ought to be noted that back on July 13 the company had made a key announcement. At the time, it had announced that it had submitted its Form 10 Q to the United States Securities and Exchange Commission for the three month period that had ended on March 31, 2022.
GBT Technologies Inc (OTCMKTS:GTCH) – Earlier this month, the company announced that it had been awarded a notice of allowance in relation to its 3D multiplanar continuation panel application product.
The receipt of the notice of allowance is an important development since it is going to help the company in protecting its manufacturing concepts and integrated circuits design. It should be noted that the patent for the application had been filed back on March 5, 2019 and it had been granted by the United States Patent and Trademark Officer on December 1, 2020. In light of the latest development, it would be interesting to see if the GBT stock makes a move or not in the coming days.
Energy 1 Corp (OTCMKTS:EGOC) – Last but certainly not the least, it is the Energy 1 Corp that could be added to the list of penny stocks to watch today. Yesterday, the company announced that it was going to acquire PB International Enterprise Limited, which is regarded as a major international business service provider. The announcement came as a major positive and the stock rallied by as much as 22%.
