If there is one industry that never stands still then it is the tech industry and more often than not, the most disruptive companies eventually end up usurping much bigger ones. However, it takes a lot of research to identify the companies that may end up being the major disrupters. This article is going to give you a look into six penny stock companies from the tech sector which fulfill the requirements.
Kaival Brands Innovations Group Inc (NASDAQ:KAVL) – Kaival Brands Innovations Group Inc, which distributes all products which are manufactured by Bidi Vapor LLC, announced its financial results for the 2022 third fiscal quarter earlier this week.
Revenues for the quarter stood at $3.8 million, which was higher than the $3.2 million that it had generated in the prior year period. On the other hand, the net losses came in at $3.9 million, which was higher than the net losses of $3.4 million in the prior year period.
Zerify Inc (OTCMKTS:ZRFY) – Cybersecurity company Zerify Inc is involved in providing secure video conferencing solutions to its customers and last week it announced the findings from a survey that it had commissioned into the video conferencing space.
As many as 97% of the respondents stated that they had concerns with regard to privacy as well as video conferencing data and 92% stated that they were aware of risks associated with video conferencing.
American Manganese Inc (OTCMKTS: AMYZF) – The battery upcycling and recycling company American Manganese Inc is another energy sector company that is interesting at this point.
Back on August 31, the company had in fact been in the news after it announced that its patented process had the wherewithal to produce less carbon dioxide than the other prevalent upcycling and recycling methods in the industry. It was an important announcement and one that may have been noticed by investors.
Sekur Private Data (OTCMKTS: SWISF) (SKUR.CN) – The cybersecurity and privacy solutions company Sekur Private Data has been doing rather interesting work in recent times. It has also been working on expanding the scope of some of its products.
Earlier this month, the company announced that it had been successful in expanding the ‘chat by invite’ feature on SekurMessenger to as many as 61 nations. That would cover a population of as many as 3.4 billion people and gives the company the opportunity to play in an ever-expanding market.
General Enterprise Ventures (OTCMKTS:GEVI) – The fire extinguishing industry is a crucial one for obvious reasons and the more effective products come to the market the better. One of the products which seem to be highly innovative at this point in time is General Enterprise Ventures’ Mighty Fire Breaker® MFB-31 Citrotech technology that has been developed by the company Mighty Fire Breaker.
Signal Advance Inc (OTCMKTS:SIGL) – Last but not least it is the technology development and engineering research company Signal Advance Inc that you may consider looking into. The company is best known for providing Signal Advance technology that helps in detecting the delays which are associated with physical sensors. The company had been established back in 1992 and is based out of Rosharon in Texas.
