Despite the sense of uncertainty in the markets, there is still considerable interest among investors for penny stocks. The attraction for penny stocks is understandable. These are stocks which are available for under $5 a share and if they move strongly can often end up delivering massive gains. Hence, there is always going to be interest in penny stocks. Here is a look at four penny stocks which could be on the verge of breakouts.
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.
Metrospaces Inc (OTCMKTS:MSPC) – There has been no news about Metrospaces Inc in recent days but the penny stock was in the middle of a massive rally on Tuesday and ended up with gains of as much as 100% as investors piled on to it in a big way. The company is involved in the real estate investment business.
In the past, Metrospaces had been involved in managing, developing, selling and building condos. The company, which is based out of Miami in Florida, is currently looking to make investments in the Latin American region.
Vaycaychella Inc (OTCMKTS:VAYK) – The next penny stock that may be added to the watch lists for this week is that of Vaycaychella Inc. The stock was in significant focus among investors yesterday and ended up with gains of as much as 30% amidst heavy interest. However, there was no news about the company yesterday.
The last time it was in the news was back on July 26 when it announced that it was going to add new functions to its Peer to Peer Alternative Finance App. It remains to be seen if the stock can add to its gains today.
Cannabis Suisse Corp (OTCMKTS:CSUI) – Yet again, there has been no news at all about Cannabis Suisse Corp lately but the company’s stock was on a rally on Tuesday and ended the day with gains of as much as 57%.
The company is involved in the production, cultivation and distribution of over the counter recreational tobacco products and medical CBD oils. It may be a good idea for investors to keep an eye out for any fresh news that may emerge about the company.
ZA Group Inc (OTCMKTS:ZAAG) – The other OTC Markets stock that may be looked into this morning is that of ZA Group Inc. Although the stock tanked by as much as 50% on Monday, it should be noted that recovery of any kind may lead to a significant pop.
It is, however, necessary to keep in mind that the company does not have any major operations and is currently focused on acquiring businesses in order to expand its portfolio. The company had actually been established back in 1997 and is currently based out of Oakland Park in Florida.
Pressure BioSciences Inc (OTCMKTS:PBIO) – The last time Pressure BioSciences Inc was in the news was back on July 21 when it made a major new announcement with regards to the signing of a new partnership with North Star Holdings. The partnership is of a financial nature and it is going to be help with the finances needed for the development of the company’s CBD spray.
