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
Generation Hemp (OTCMKTS:GENH) is a pure-play hemp stock operating in the midstream sector of the industry. While most of the stocks below have cannabis components that add risk, this stock could be the best way to capitalize on the booming hemp market.
Generation Hemp (OTCMKTS:GENH) uses hemp hurd, the byproduct of hemp processing, as animal bedding, under its Rowdy Rooster brand. Studies have proven hemp hurd bedding as one of the most absorbent, non-acidic materials, with low dust. It inhibits the growth of bacteria and mold that animals may breathe in from those dusty competitors.
Hemp hurd also absorbs 235% of its weight which is far better than the closest competition (55%). That’s why GENH’s hurd is now being used to help keep garages clean through a partnership with well-known brand Gas Monkey, Generation Hemp will manufacture a spill absorbent, sourced from hemp hurd.
Generation Hemp Inc. (OTCMKTS:GENH) is also in the crypto mining business, showing just how versatile hemp can be. GENH has partnered with Massachusetts-based Cryptech Solutions, the largest volume reseller of ASICS in North America, to build ‘green energy’ plants and Bitcoin mining farms that utilize hemp as the primary power source. GENH announced the first bitcoin mining facility through a Joint Venture ‘JV’ to be installed at Generation Hemp’s 48,000 sq. foot facility in Hopkinsville, Kentucky, which also houses a hemp drying operation through its wholly-owned subsidiary GENH Halcyon Acquisition.
This plant will be able to generate 2 megawatts (‘MW’) which would allow for up to 576 mining units. Assuming 100 TH/s per unit, GENH and Crypt Solutions would be able to generate $3.65 Million in Bitcoin revenues in 1 year of operations, assuming the price of Bitcoin doesn’t drop beyond its current low.
Global Tech Industries Group Inc. (OTCMKTS:GTII) stock was in action in the previous trading session as the stock ended lower by 4% at $1.72 with over 131K shares traded hands, compared to its average volume of 129K shares.
Global Tech Industries Group, Inc. operates an online cryptocurrency trading platform in the United States. It operates Beyond Blockchain, a cryptocurrency trading platform, which allows multi-currency clearing and direct settlements in Bitcoin, Ethereum, Tether, Bitcoin Cash, Litecoin, Bitcoin SV, Aave, Compound, Uniswap, Chainlink, and Yearn Finance. The company was formerly known as Tree Top Industries, Inc. and changed its name to Global Tech Industries Group, Inc. in July 2016. Global Tech Industries Group, Inc. was incorporated in 1980 and is based in New York, New York.
Icon Media Holdings Inc. (OTCMKTS:ICNM) stock was one of the notable active movers in previous trading session as the stock moved down 5.56% to $0.0017 with over 89.97 million shares traded hands, compared to its average volume of 106.62 million shares.
Icon Media Holdings, Inc. operates as a diversified technology company worldwide. It offers turnkey small cell network, distributed antenna systems (DAS), and Wi-Fi technical consulting, designing, and implementation services.
Livewire Ergogenics Inc. (OTCMKTS:LVVV) stock continued to trend lower on Monday. On Monday, the stock ended lower by 10% at $0.0068 with more than 2.23 million shares traded hands, compared to its average volume of 1.88 million shares.
LiveWire Ergogenics Inc. focuses on acquiring, managing, and licensing special purpose real estate properties to produce handcrafted and organically grown cannabis products for medical and recreational adult-use in California. The company is based in Anaheim, California.
Augusta Gold Corp. (OTCMKTS:AUGG) stock was seeing a range bound trading in the previous session as the stock gained 1.20%% to $1.72. The stock traded 225k shares, below its average volume of 35K shares.
Augusta Gold Corp., a junior exploration company, engages in the acquisition and exploration of mineral properties in the United States. It primarily explores for gold, silver, and other metals. The company holds interests in the Bullfrog gold project located in the Bullfrog Hills of Nye County, Nevada. It also owns, controls, or has acquired mineral rights on Federal patented and unpatented mining claims in the state of Nevada for the purpose of exploration and potential development of metals on a total of approximately 7,800 acres of land.
Good Gaming Inc. (OTCMKTS:GMER) stock was seeing buying pressure in the previous session with a gain of 47.25% to $0.0710. The stock traded 3.44 million shares, below its average volume of 581k shares.
The company announced the agenda for the upcoming iGaming and Entertainment Virtual Investor Conference on April 21st. This virtual event will showcase live company presentations and interactive discussions focused on publicly traded technology companies.