Today’s Best Penny Stock Bets: SRCO, TLSS, ZNOG, ILUS, CYDY, CBDD

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

Sparta Commercial Services Inc. (OTCMKTS:SRCO) just launched SpartaPayIQ, a crypto payment gateway developed for e-commerce and brick & mortar businesses.  SpartaPayIQ makes SRCO makes a ‘first of its kind’ vertically integrated crypto commerce company.

Two great examples of online vertical integration include:

Netflix- produces shows and films as well as provides the distribution network through its streaming services.

Amazon- marketplace for buyers and sellers – but it also offers its own products and services, as well as its own distribution channel.

SRCO is applying this model to cryptocurrency payment processing.  A recent Crypto.com Research Report states there are approximately 221 million cryptocurrency users worldwide holding over $2 Trillion worth of cryptocurrency to spend. That’s why the Global Crypto Payment Gateway Market is expected to grow with a CAGR of 22.8% over the next six years,  according to Brandessence Market Research.

SRCO is making its bid to take a sizeable piece of this sizeable market.

Transportation and Logistics Systems Inc. (OTCMKTS:TLSS) stock was in action in the previous trading session as the stock gained 3% at $0.0072 with over 15.18 million shares traded hands, compared to its average volume of 12.31 million shares.  

The company announced that, on Wednesday, June 8, 2022, at 11:00 AM Eastern Time, it will hold a conference call to discuss with its stockholders and all other interested parties the announced results of its operations, the announced acquisition and the announced Company plans.

Zion Oil & Gas Inc. (OTCMKTS:ZNOG) stock continued to trend in a range on Friday. On Friday, the stock ended up by 12.30% to $0.3503 with more than 5.03 million shares traded hands, compared to its average volume of 3.09 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.

ILUS International Inc. (OTCMKTS ILUS) stock was in action in the previous trading session as the stock fell  3.45% to $0.1062 with over 8.8 million shares traded hands, compared to its average volume of 7.15 million shares.   

ILUS International Inc., a mergers and acquisitions company, focuses on acquiring and developing technology and manufacturing businesses worldwide. It primarily focuses on emergency services, and life safety and related technologies, such as emergency response vehicles, electric utility vehicles, specialist vehicle conversions, disruptive firefighting equipment, wearable technology, and related software solutions. The company was formerly known as Ilustrato Pictures International Inc. and changed its name to ILUS International Inc. in January 2021. ILUS International Inc. was founded in 2021 and is based in New York, New York.

CytoDyn Inc. (OTCMKTS:CYDY) stock continued to trend in a range on Friday. On Friday, the stock fell 4.57% to $0.3302 with more than 714K shares traded hands, compared to its average volume of 2.26 million shares.    

The company announced that it has reached a non-cash settlement with its former Chief Medical Officer, Dr. Richard Pestell, concerning an ongoing legal dispute related to his former employment with the Company.

CBD of Denver Inc. (OTCMKTS:CBDD) stock continued to trend in a range on Friday. On Friday, the stock was up 3.64% to $0.0057 with more than 18.63 million shares traded hands, compared to its average volume of 10.29 million shares.   

Recently, the company announced that mellow has signed an agreement with UK luxury CBD consumer brand OTO to act as their distribution partner in Asia. OTO, headquartered in London, is a premium positioned consumer CBD wellness brand, specialising in offering sophisticated products at the luxury end of the industry price spectrum.