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
Sino United Worldwide Consolidated Ltd. (OTCMKTS:SUIC) is a great option for crypto and DeFi investors. SUIC is a venture capital group with interests in AI, IoT, FinTech DeFi and franchise chain stores and factories.
SUIC’s current focus is scaling its DeFi-based supply chain financing solutions.
The global supply chain financial market is large and estimated to reach ~$20 trillion by 2025, according to McKinsey consultants.
In its most recent transaction SUIC has signed a cooperation joint venture agreement with the QQ Pay Pty., Australia to provide cross border payment services to Beneway ecosystem’s customers from the SMEs to the affluent individuals.
SUIC’s deal allow the company to target a much larger customer base in the markets of North America, Europe and the Asia Pacific Region with a combined estimated size of $15 Trillion.
HWGC Holdings Limited (OTCMKTS:VXEL) stock was in action in the previous trading session as the stock ended higher by 22% to $0.66 with over 2K shares traded hands, compared to its average volume of 46 shares.
HWGC Holdings Limited, through its subsidiaries, operates as a direct selling and multi-level marketing company in Malaysia, Singapore, China, Hong Kong, and internationally. It offers travel, entertainment, lifestyle, and other products and services primarily through electronic commerce. The company operates Vionmarket, a rebate website that provides retail sales direct to consumers; VTrips, a platform that offers concessionary and travel packages; and VMall, an e-commerce platform. The company was formerly known as Vitaxel Group Limited. HWGC Holdings Limited is based in Kuala Lumpur, Malaysia.
Majic Wheels Corp. (OTCMKTS:MJWL) stock was one of the notable active movers in previous trading session as the stock gained 1.50% at $0.0340 with over 3.56 million shares traded hands, compared to its average volume of 4.81 million shares.
The company announced that it has secured a majority interest in Panaesha Capital Exchange (PCEX). This follows its letter of intent (LOI) to acquire the leading digital assets exchange last October.
Retail Value Inc. (OTCMKTS:RVIC) stock continued to trend lower on Friday. On Friday, the stock ended flat at $3.18 with more than 103k shares traded hands, compared to its average volume of 303K shares.
The company closed on the sale of Crossroads Center (Gulfport, Mississippi) for $38.5 million in cash prior to closing costs, prorations and other closing adjustments. Subsequent to the transaction, RVI has completed the sale of all of its real estate holdings and no longer owns an interest in any real estate property.
ILUS International Inc. (OTCMKTS:ILUS) stock was one of the most active stock buzzers. The stock fell 1.78% to $0.1268 with 4.29 million share traded hands, compared to its average volume of 13.45 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.
SusGlobal Energy Corp. (OTCMKTS:SNRG) stock continued to trend higher on Friday. On Friday, the stock surged 5.61% to $0.5175 with more than 107K shares traded hands, compared to its average volume of 367K shares.
Recently, the company announced its financial results for the fourth fiscal quarter and the full fiscal year, both of which ended in December 31, 2021. In addition to that, the company also provided updates with regards to some of the operational progress that it had managed to make. One of the updates was with regards to the purchase of a property spanning 40,535 square feet in Hamilton, Canada. The purchase in question was made by the company through SusGlobal Energy Canada I Ltd, its fully owned subsidiary unit.