Sub Penny Stocks with Game-Changing Technologies for Long-Term Value: HMBL, IQST, GTCH, GZIC
Penny stocks offer exciting ways of building wealth over the long term at highly discounted valuation levels. The prospects of high returns are even higher on investing in small companies with solid core business or game-changing technologies. They are some of the best plays for investors that are starting out and looking to diversify a portfolio without investing much.
Investing in sub-penny stocks offers the opportunity of getting in early in a promising company and benefiting from its growth as it expands and becomes successful. However, they are ideal for high-risk tolerant investors able to stomach the high volatility and hold investments for the long term. This article focuses on sub-penny stocks worth watching this month, Including HMBL, IQST, GTCH, and GZIC.
HUMBL, Inc enhances digital commerce platform capabilities
HUMBL, Inc. (OTC: HMBL) has embedded itself in the multi-billion e-commerce sector by offering a digital commerce platform. The platform is designed to connect consumers, merchants, and governments by making it easy to send and receive money and make payments. HUMBL wallet is its primary product that enables the sending and receiving of digital assets.
In the recent past, HMBL has sought to offer customers and merchants an all-in-one digital wallet. Consequently, it has enabled payment support via major credit cards, including Visa Mastercard and American Express. The integration will allow merchants to easily airdrop special offers, discount codes, and loyalty programs.
Mobile merchants in various fields, including housekeeping, auto repair, and electrical interior design, among others, will be able to collect digital cashless payments without point-of-sale hardware easily.
The firm has also received approval for the development of digital blockchain technology. With the new technology, it will be able to offer services such as bicycle registration and RV parking registration, among others. While delivering a digital wallet and blockchain registry system that enable fast and low-cost transactions between people and governments, it should be able to strengthen its revenue streams.
HUMBL has also ventured into the world of artificial intelligence as it continues to strengthen its product pipeline. It has consequently launched a new HeyBLUE, an AI-powered chatbot. The chatbot offers a way for users to interact with the revolutionary technology in their everyday lives by performing various tasks such as document generation, text generation, language translation, and question answering.
Integration into the HUMBL platform should help enhance user experience through 24/7 customer support and personalized interactions. HeyBLUE underscores HUMBL’s focus on providing customers access to new technologies with vast real-world applications.
In addition to product development, the provider of digital commerce platforms has also set out to strengthen its financial position. As part of its strategic 2023 goals, it has significantly reduced its debt obligations by retiring about $19 million since January.
The debt settlement entailed the issuance of HUMBL shares at prices above the market price of the stock. It has also satisfied its $2.2 million settlement as the focus shifts towards directing capital to core operations and retiring any other remaining debt.
Debt retirement should strengthen HMBL’s financial standing and enhance its prospects of securing approval or listing in a major exchange. Listing on NYSE or any other marketplace should go a long way in ensuring exposure to institutional investors while also helping strengthen the stock’s liquidity in the market.
IQST Consolidates telecom division to accelerate growth
Iqstel Inc (OTCS: IQST) is a sub-penny stock for anyone eyeing exposure in the wireless carrier business. While the overall industry faces a string of headwinds not limited to inflationary pressures, IQST has reached a stage of organizational maturity that should see it register significant organic growth.
As a growing technology company with sound footing, whether economic or downturn, iQSTEL has consolidated its telecommunication subsidiaries to make up the telecom Division able to compete with other big players in the industry. The consolidation, supplemented by a solid financial position, should allow IQST to demonstrate high growth results.
The merger between Etelix and SwissLink is expected to unlock over $500,000 in the bottom line, leading to earnings improvement starting in the third quarter. The consolidation comes from the telecommunication firm forecasting revenues of between $105 million and $120 million.
According to the chief executive officer Leandro Jose Iglesias, iQSTEL is on its way to exceeding $105 million in revenues after delivering a 27% increase in Q1 revenues to $24.6 million in Q1. Margins are improving at an impressive rate while leading to a significant reduction in consolidated loss.
The better-than-expected guidance comes as IQST evolves into a more sustainable high-growth business with improved financial performance. The consolidation is expected to enhance the telecommunication services on offer, boosting earnings as part of the push to grow profits.
GBT Technologies unveils AI-powered tools to enhance microchip production
GBT Technologies Inc. (OTC: GTCH) is one penny stock offering tremendous exposure to the rapidly growing world of the Internet of Things and artificial intelligence. It’s been working on wireless mesh network technology technologies while also developing intelligent human body vital devices.
GTCH has already set its sights on generative artificial intelligence in pursuit of growth opportunities. It has already unveiled AI-driven electronic design automation software tools that will help engineers speed up time-consuming tasks.
The new software suite will greatly enhance the design of integrated circuits by speeding up the process and reducing development costs. Its ability to save 1000s hours for engineers should make it a perfect fit for speeding up the microchip design process.
GBT Technologies’ patent applications should result in the introduction of innovative technology capable of addressing advanced semiconductor node physics. It includes machine learning algorithms, which would make it a perfect fit amid increased focus on advanced technologies to enhance industrial processes.
GZ6G Technologies sets sights on 5G and 6G connection opportunities
GZ6G Technologies Corp (OTC: GZIC) is one sub-penny stock that’s tapping into opportunities arising from the 5G and 6G technologies rollout. Its edge in the segment stems from offering smart digital technologies through proprietary platforms to offer 5G and 6G connections in large venues such as stadiums, universities, and municipalities.
Backed by four business units, it offers valuable insights into the best way to store, process, and protect data through various networks. It also engages in upgrading facilities and building emerging wireless and Internet of Things applications.
With the 5G service market growing at a compound annual growth rate of 25.3%, there is a tremendous opportunity that GZIC can unlock in the race for shareholder value. With the demand for super-fast internet connections growing, GZ6G Technologies will be at the center of providing smart digital technologies from which it is expected to generate significant value.