5 OTC Stocks for Mondays Watchlist: VKIN, ZNOG, KGKG, SPOI, UMAX, CRYM
Following were the most active stock buzzers on Friday. Keep an eye on these stocks this week.
If you are interested in nanocap stocks here is one you should look into
Viking Energy Group (OTCMKTS:VKIN) may be one of the best ways to play skyrocketing energy prices. VKIN has proven oil and gas assets valued at over $96 million located in North America in Kansas, Missouri, Texas, Louisiana, and Mississippi. VKIN’s oil & gas holdings aren’t something the company speaks about regularly because it is focused on several ESG initiatives, which are covered below. However, the fact is VKIN’s assets are increasing in value rapidly and the market has yet to factor that in, which is one reason to like the company.
Viking Energy (OTCMKTS:VKIN) is unique in that not only will its oil & gas assets rise in value; but its several diversified green energy subsidiaries will also benefit as rising oil prices push people toward green alternatives. These include a Green biodiesel production facility and a carbon capture technology. Other products in the company’s green portfolio include a medical waste treatment technology and a newly acquired Electric grid optimization technology that allows for retrofitting.
Zion Oil & Gas Inc. (OTCMKTS:ZNOG) stock was in action in the previous trading session as the stock went up 0.53% to $0.1719 with over 2.71 million shares traded hands, compared to its average volume of 3.46 million shares.
Zion Oil & Gas, Inc., together with its subsidiaries, operates as an oil and gas exploration company in Israel. The company holds a petroleum exploration license onshore Israel, the New Megiddo License 428 comprising an area of approximately 99,000 acres. Zion Oil & Gas, Inc. was incorporated in 2000 and is headquartered in Dallas, Texas.
SPO Networks Inc. (OTCMKTS:SPOI) stock continued to trend higher on Friday. On Friday, the stock moved down 13.33% to $1.30 with more than 4.5K shares traded hands, compared to its average volume of 9.17k shares.
SPOI Q4 revenue was over $1.9 million with pre-tax income of $139,642. For the 10 months ending 12/31/21, revenue exceeded $6.8 million, while pre-tax income exceeded $1.2 million. Tom Smith CEO of SPO Networks Inc. said: “These numbers show that we are heading in the right direction and that the Company’s revenues will continue to grow during 2022. We also expect the “Yield” sign to removed shortly.”
Kona Gold Beverage Inc. (OTCMKTS:KGKG) stock was in action in the previous trading session as the stock soared41% at $0.0145 with over 40.83 million shares traded hands, compared to its average volume of 39.01 million shares.
Kona Gold Beverage, Inc. develops and sells hemp and cannabidiol (CBD) products in the functional beverage and fitness markets in the United States. The company operates through two segments, Beverages and Distribution. It offers hemp energy drinks and CBD energy water; and alkaline waters, beverages for kids, energy drinks, fruit flavored sodas, low carb lemonade, healthy aloe juice drinks, and CBD-infused jellybeans.
SPO Networks Inc. (OTCMKTS:SPOI) stock was in action in the previous trading session as the stock ended down by 28% to $1.08 with over 1K shares traded hands, compared to its average volume of 9.2K shares.
SPO Networks, Inc., through its subsidiaries, operates as an automotive manufacturing and design company. The company produces the HyImpact line of hydrogen fuel supplement systems for diesel and gas engines and generators. These systems reduce fuel consumption and emissions for transport, marine, and oil services applications. It also manufactures the HOSS line of off-road vehicles. The company was formerly known as Highline Technical Innovations, Inc. and changed its name to SPO Networks, Inc. in January 2017. The company was founded in 1993 and is based in Farmington, Arkansas.
UMAX Group Corp. (OTCMKTS:UMAX) stock was in action in the previous trading session as the stock went down 43% to $0.0606 with over 393K shares traded hands, compared to its average volume of 303k shares.
UMAX Group Corp., a development stage company, doing business as UMAX Nutrition, focuses on developing and distributing natural and organic nutrition, and dietary supplements to the nutritional industry. Its product line provides dietary needs for weight loss, colon health, sexual health, body building, and general health and vitality.
Cryomass Technologies Inc. (OTCMKTS:CRYM) stock was in action in the previous trading session as the stock went down 2% to $0.49 with over 469k shares traded hands, compared to its average volume of 228K shares.
Cryomass Technologies Inc. designs, sells, and commercializes cryo-mechanical system for the handling of harvested hemp, cannabis, and other high-value plants. The company was formerly known as Andina Gold Corp. and changed its name to Cryomass Technologies Inc. in August 2021. Cryomass Technologies Inc. was incorporated in 2011 and is headquartered in Denver, Colorado.