Investors often categorize and analyze stocks to identify which ones are worth tracking. Stocks trading around 1 cent per share have become popular. In this article, we look at some of the penny stocks that have been trending lately. Let’s take a closer look at five of these stocks: Successful investors are known to categorize stocks in the market and analyze which ones are worth tracking.
Spooz Inc. / JP 3E Holdings Inc. (OTC: SPZI) announced on May 23 that it has signed an agreement to acquire an ownership interest in Bloxcross Inc. Described in a news release as a pioneering digital asset innovation company, Bloxcross is known for its groundbreaking platform that has revolutionized global bilateral trade, cross-border payments and financial applications using blockchain technology. The companies call this a pivotal strategic investment for both parties. Following the merger, Spooz will focus on accelerating Bloxcross’s global expansion.
Houston Natural Resources Corporation (OTC: HNRC) released its financial results in May 2024 for the quarter ended March 31, 2024. The company reported total revenue for the quarter was $4,292,940, up 2.7% year over year. Total profit for the period was $2,736,961, up 2.8% compared to year-ago total profit of $2,660,713. Houston Natural Resources Corporation also reported net assets per share of $0.27 for the quarter.
Premier Graphene Inc. (OTC: BIEI) announced in May 2024 that it has partnered with HGI Industrial Technologies to obtain its third commercial industrial license in Mexico. The company plans to leverage local resources in Mexico and the United States to research and produce graphene-based products. These products aim to meet high consumer demand in sectors such as healthcare, construction and aerospace. Additionally, research conducted at a government-certified, independent laboratory in Baja California, Mexico, has confirmed the strategic benefits of using hemp-based graphene additives in hydraulic concrete.
Halbird Corporation (OTC: HALB) made headlines on May 22 when it announced a major breakthrough in its collaboration with Athena GTX to make major advances in treating issues faced by military personnel and others. PTSD, a major concern for military personnel, is a key focus of the collaboration. Halbird Corporation stated that its partnership with Athena GTX is progressing well in this regard. The company stated that its intellectual property and patented technology could effectively address PTSD.
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