Wednesday’s Penny Stock Watchlist: VKIN, HYSR, INQD, VMNT, CBDD, AWSI
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
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.
SunHydrogen Inc. (OTCMKTS:HYSR) stock was in action in the previous trading session as the stock ended up by 3.13% at $0.0395 with over 11.86 million shares traded hands, compared to its average volume of 9.77 million shares.
The company provided an update to its shareholders from its Chief Scientific Officer, Dr. Syed Mubeen, on the company’s progress toward multiple planned 2022 milestones. Over the past six months, we have expanded our industrial partnerships across the U.S., Germany, South Korea and Japan, and we have renewed and initiated new collaborations with the University of Iowa and the University of Michigan, respectively.
Indoor Harvest Corp (OTCMKTS:INQD) stock was one of the notable active movers in previous trading session as the stock moved up 7% to $0.0092 with over 4.67 million shares traded hands, compared to its average volume of 9.02 million shares.
Indoor Harvest Corp. focuses on leveraging technology and planning on vertical farming, building integrated agriculture, controlled environment agriculture, and aeroponic cultivation in the United States. It develops high pressure aeroponic platform for growing cannabis. The company also provides consulting and other services. Indoor Harvest Corp. was founded in 2011 and is based in Austin, Texas.
Vemanti Group Inc. (OTCMKTS:VMNT) stock continued to trend higher on Tuesday. On Tuesday, the stock ended down by 1.1% at $0.90 with more than 86K shares traded hands, compared to its average volume of 93K shares.
The company announced it has entered into an equity investment agreement with Alpha Sigma Capital Fund, LP , a pioneering digital asset fund focused on the blockchain economy and the shift to a decentralized Web3 infrastructure. The Agreement outlines an investment structure of up to $2M USD from ASC into Vemanti, allowing the Company to immediately accelerate its business initiatives. At the same time, this new investment validates Vemanti’s vision and expansion of digital-first financial products and services to power future growth. This also signals a major collaborative step forward for the two companies.
CBD of Denver Inc. (OTCMKTS:CBDD) stock was seeing a range bound trading in the previous session as the stock fell 6% to $0.0047. The stock traded 14.02 million shares, below its average volume of 15.61 million shares.
CBD of Denver Inc. engages in developing and commercializing cannabidiol (CBD) products. It is involved in the research, development, and distribution of premium hemp extract products. The company was formerly known as Verde Media Group, Inc. and changed its name to CBD of Denver Inc. in 2018. CBD of Denver Inc. is based in Centennial, Colorado. CBD of Denver Inc. operates as a subsidiary of Swiss Industry Ventures AG.
ARIA Wireless Systems Inc. (OTCMKTS:AWSI) stock was seeing buying pressure in the previous session with a jump of 10.21% to $0.5256. The stock traded 108K shares, below its average volume of 48K shares.
Wireless data communication, manufactures systems allowing data transmissions between different platforms in an encrypted manner over radio waves; Sells mostly outside of the U.S. (China, Russia, Peru, Turkey)