Wednesday’s OTC Stock Watclist: BMXC, SEII, LFAP, RBNW, ZONX, PSCO
Following were the notable penny stock buzzers in the previous session on high volume. Keep an eye on these stocks this week.
If you are interested in nanocap stocks here is one you should look into
Bemax Inc. (OTCMKTS:BMXC) is in the fast-growing online disposable diaper market that Grand View Research expects to reach $108 Billion by 2028. BMXC is exploiting a niche in the diaper market as most competition is primarily retail. Grand View sees its expansion at a CAGR of 3% through 2028.
A decade ago, ecommerce accounted for 8% of total retail purchases. Online sales now represent nearly 20% of spending through all channels. With 2020 being an anomaly consumer spending wise, comparing digital revenue in 2021 to 2019, online spending soared by 50.5%.
BMXC is positioning itself to grab sizeable market share by specializing in the direct-to-consumer distribution of high-quality disposable diapers.
Sharing Economy International Inc. (OTCMKTS:SEII) stock was in action in the previous trading session as the stock ended lower by 22.50% to $0.1550 with over 3.17 million shares traded hands, compared to its average volume of 1.14 million shares.
The company recently announced that it would received a strategic investment of approximately $30 million from Hanking Fund, a leading fund company in the industry, which will be used to focus on the metaverse ecology that SEII is actively promoting, especially for building the underlying architecture of naked eye 3D related technology and the business expansion of the metaverse technology application platform.
LGBTQ Loyalty Holdings Inc. (OTCMKTS:LFAP) stock was one of the notable active movers in previous trading session as the stock slid 21.74% at $0.0018 with over 5.79 million shares traded hands, compared to its average volume of 9.02 million shares.
LGBTQ Loyalty Holdings, Inc. a diversity and inclusion-driven financial methodology and data company. It operates LGBTQ100 ESG Index, an environmental, social, and governance (ESG) index that offers an added perspective for those seeking to align with equality-driven and ESG-responsible corporations. The company was formerly known as LifeApps Brands Inc. and changed its name to LGBTQ Loyalty Holdings, Inc. in May 2019. LGBTQ Loyalty Holdings, Inc. was founded in 2009 and is based in Wilton Manors, Florida.
Renewable Energy and Power Inc. (OTCMKTS:RBNW) stock continued to trend lower on Monday. On Monday, the stock ended flat at $0.0002 with more than 112.78 million shares traded hands, compared to its average volume of 76.50 million shares.
Renewable Energy and Power, Inc. engages in the business of new and retrofit applications for light emitting diode (LED) lighting and solar electrical generation. The company produces and markets LED light fixtures and components for the residential and commercial markets. It also focuses on developing Solar Hybrid, for use in solar energy conversion to electricity.
Zonzia Media Inc. (OTCMKTS:ZONX) stock was one of the most active stock buzzers. The stock soared 17% to $0.0007 with 5.61 million share traded hands, compared to its average volume of 956K shares.
Zonzia Media, Inc. operates as a multi-platform entertainment company in the United States. It focuses on content development and multi-platform content distribution, advertising, and ecommerce activities. The company was formerly known as Hdimax Media, Inc. and changed its name to Zonzia Media, Inc. in March 2015. Zonzia Media, Inc. was founded in 2014 and is based in Henderson, Nevada.
ProtoSource Corporation (OTCMKTS:PSCO) stock continued to trend up on Monday. On Monday, the stock slumped 25.37% to $0.10 with more than 442k shares traded hands, compared to its average volume of 34k shares.
ProtoSource Corporation, doing business as Software Solutions Company, converts print content to Web content. It involves in the mining and database management of print, graphic, and data content for the publishing industry, as well as the distribution of content via the Internet.
