There is almost always significant interest in penny stocks among investors and it is easy to see why. Even when the markets are volatile these are stocks that can often manage to generate significant returns within a short period of time. This article is going to give you a quick glimpse into six penny stocks that may well be worth tracking at this point in time.
BlockQuarry Corp (OTCMKTS:BLQC) – The first one that investors may consider adding to their watch lists is perhaps BlockQuarry Corp, the Texas-based company involved in the crypto mine hosting and self-mining operations.
The company announced its unaudited second fiscal quarter results back on September 29, 2022. Revenues came in at $1.5 million, which worked out to a year-on-year rise of a staggering 8000%. Assets soared by 6000% year on year to touch $11 million. Debt was also reduced by $2 million.
Wearable Health Solutions Inc (OTCMKTS:WHSI) – If you are interested in the wearable medical devices sector then Wearable Health Solutions Inc could be one to look into. Last week on September 27 the company was in the news after it announced that it had started selling its 4G iHelp Mini PERS Device. More importantly, the initial response to the product had been highly positive.
As a consequence, Wearable Health Solutions also decided to boost its inventory. The Vice President of Innovation and Development at Wearable Health Solutions, Marc Cayle spoke about the matter as well. He noted that Wearable Health Solutions had placed another larger order from the primary factory of the company since there was anticipation of brisk sales.
Viking Protection Systems LLC (OTCMKTS:VKIN) – The first one to make it to the list is Viking Protection Systems LLC, which had been in the news back on August 29 owing to a major announcement.
At the time the company had announced that back on August 23, 2022, it had sent in a new patent application for its electric transmission line protection technology to the United States Patent & Trademark Office. It should be noted that the patent application in question is actually a continuation of previous filings.
Cartel Blue Inc (OTCMKTS:CRTL) – Another company that may be worth adding to your watch lists for the week is Cartel Blue Inc. While it is true that there has not been much news about the company in recent times, it is involved in a business that may interest many investors.
Cartel Blue is involved in the hemp apparel space. However, that is not all, the company is also involved in providing hydroponic hemp-based cigars. In the past, it had been known as Revenge Designs Inc but in 2015, it changed its name to the current one. It is based out of Long Beach California.
General Enterprise Ventures Inc (OTCMKTS:GEVI) stock has been consolidating after a recent gain. Back on September 21 the company had come into focus after it provided some updates. The company announced that it had made an application for changing its name to General Environmental Ventures and it was being evaluated by FINRA. The company also announced that it was fully focused on its subsidiary Mighty Fire Ventures at this point.
Net Savings Link Inc (OTCMKTS:NSAV) – Cryptocurrency, digital asset and blockchain technology firm Net Savings Link Inc saw its stock soar by 31% yesterday. That took its gains over the past week to as much as 65%. There has been no news about the company in recent days but it announced back on August 22 that it had engaged MD Global Partners, an investment bank, for its investment banking and corporate planning services.