Penny Stock Buzzers: SAPX, DLMI, HHSE, BRGC, ASTA
In the past few days, plenty of penny stocks have come into focus among investors for one reason or another. However, it is imperative forinvestors to be a bit more selective when they draw up a watch list. This feature would provide you with a look into five stocks that could be added to the watch list at this juncture.
Seven Arts Entertainment Inc. (OTC:SAPX) The film and music production firm was in focus on Wednesday after it announced that it had entered into a multi-release joint venture agreement with THC Music and Films. It emerged in the news release yesterday that the director of Seven Arts Entertainment Inc., Thom Hazaert, controlled THC Music and Films privately.
Hazaert, who had been an A&R/marketing executive at a major label, had increasingly grown in influence at Seven Arts. Not too long ago, he became a major player in the company’s Dolby Atmos plant, which had been set up to serve the film community based out of Atlanta. Hazaert currently holds more than a quarter of a century of experience in both films and music.
The first collaboration between THC Music and Seven Arts Entertainment would be the release of the new TARPOOT album on September 29, 2023. TARPOOR was established in 1997 in Ann Arbor, Michigan, and their debut album was released in 2000 by Atlantic Records. Jason Black, the Chief Executive Officer of Seven Arts, noted that he was extremely pleased with the collaboration.
Diamond Lake Minerals Inc. (OTC: DLMI) On August 29, the company announced that it had made a significant new move in its leadership through the appointment of Brian J. Esposito as its new Chief Executive Officer. Additionally, Diamond Lake Minerals Inc. also announced that it was going to release a new company mark and logo. The appointment of Esposito could be significant, given that he is known for his proven record of innovation, growth, and innovation.
In 2020, 2021, and 2022, he was ranked among the top 10 CEOs in The World CEO Rankings Awards from Adria Management LLC. Additionally, he is also credited with being the CEO and founder of the firm Esposito Intellectual Enterprises LLC. In his statement, he noted that he was honored to have been offered the role of CEO of Diamond Lake Mineral. He went on to note that he wanted to build a company with strong earnings.
Hannover House Inc. (OTC: HHSE) On August 30, the company announced that it was looking for financing incentives and international co-productions so as to cover the costs of two high-profile original productions. Hannover House Inc also noted yesterday that it was looking for the majority of the $80 million of the costs that would be necessary for the projects.
The two films are part of the three-film international slate that the company has created. That would include ‘Mother Goose: Journey to Utopia’, a family fantasy production that had been announced by the company previously. The company also noted yesterday that the film was going to be retitled Journey to Utopia’. The second production would be a major effects thriller that would be powered considerably through artificial intelligence software for some of the complicated visual effects. Previously, those visual effects may have taken the budget to more than $100 million.
BrightRock Gold Corp. (OTC: BRGC) Yesterday, the company announced that its path-breaking spodumene discovery had been featured by Marco Nieto at the Aero Geophysics for the Exploration of Minerals Required for the Energy Transition Society of Exploration Geophysicists (SEG) Conference. The event was held on August 22, 2023. BrightRock Gold Corp. noted in its press release that Nieto was currently the vice president at MPX Geophysics Ltd., an airborne geophysical company based out of Canada.
In the presentation by Nieto, the results from the path-breaking hyperspectral survey that had been carried out at the BrightRock Gold Midnight Owl Project by SpecTIR were featured. The discovery was particularly significant since it was the first time that in-situ spodumene had ever been detected successfully. Spodumene is the key mineral in lithium ore.
Astra Veda Corporation (OTC: ASTA) The company, noted for its ability to launch disruptive tech start-ups, announced on Wednesday that it had entered into a new strategic collaboration. Astra Veda Corporation announced that it had been chosen to create an innovative SaaS (software as a service) platform for a major national healthcare accreditation and regulatory compliance company.
The company noted in its new release that the partnership underlined its ability to harness technology for the purpose of creating greater efficiency and bringing about transformation in important sectors. The platform would help the client streamline its operations, enforce compliance, and boost the quality of its services.
