Following were the most active stock buzzers on Friday. Keep an eye on these stocks this week.
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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.
Digital Utilities Ventures Inc. (OTCMKTS:DUTV) stock was one of the notable volume movers in previous trading session as the stock fell 3.16% to $0.0092 with over 11.78 million shares traded hands, compared to its average volume of 24.59 million shares. Over the past 52-week, the stock has been moving in a range of $0.0003 – 0.0137.
Digital Utilities Ventures, Inc., through its wholly owned subsidiary, Torq Communications, Inc., provides real time video transport system for the Internet. It offers The New Last Mile, a first live Internet to TV/cell phone broadcasting system. The company is headquartered in Fort Lauderdale, Florida.
Blue Sphere Corporation (OTCMKTS:BLSP) stock was in action in the previous trading session as the stock went down 7.15% to $0.0013 with over 4.67 million shares traded hands, compared to its average volume of 333.61 million shares.
REMSleep Holdings Inc. (OTCMKTS:RMSL) stock continued to uptrend on Friday. On Friday, the stock ended up by 9.30% to $0.0153 with more than 26.49 million shares traded hands, compared to its average volume of 2064 million shares.
REMSleep Holdings, Inc. focuses on the development and distribution of products to help people affected by sleep apnea worldwide. The company offers DeltaWave CPAP interface device to treat patients with sleep apnea. It serves home care dealers, private sleep labs, product end users, physicians, medical group, and hospitals, as well as medical associations. The company is headquartered in Tampa, Florida.
Visium Technologies Inc. (OTCMKTS:VISM) stock was in action in the previous trading session as the stock fell 4% at $0.0026 with over 7.29 million shares traded hands, compared to its average volume of 20.07 million shares.
The company has entered into an integration and partnership agreement with IREX AI, Inc., the premier provider of video-based solutions that empower city governments, public safety, organizations, transportation authorities, and service providers with an Ethical AI and Big Data platform.
Cannabis Global Inc. (OTCMKTS:CBGL) stock was in action in the previous trading session as the stock ended down 3.33% to $0.0058 with over 2.22 million shares traded hands, compared to its average volume of 10.88 million shares.
Cannabis Global, Inc. focuses on the creating and commercialization of engineered technologies to deliver hemp extracts and cannabinoids to the human body. The company offers cannabis flower packaged, pre-rolls, and edible products to cannabis retailers and distributors; and Comply Bag, a solution for cannabis storage, transport, and tracking. It also provides managerial services in areas of the regulated hemp and cannabis industries. The company was formerly known as MCTC Holdings, Inc. and changed its name to Cannabis Global, Inc. in December 2019. Cannabis Global, Inc. was incorporated in 2005 and is headquartered in Los Angeles, California.