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.
Galaxy Next Generation Inc. (OTCMKTS:GAXY) stock was in action in the previous trading session as the stock soared 11% to $0.3110 with over 35K shares traded hands, compared to its average volume of 78k shares.
Last week, the company announced the launch of its direct-to-consumer e-commerce website. Consumers and smaller businesses are now able to view and purchase select Galaxy G2 technology products at: https://g2-online.mybigcommerce.com.
BrewBilt Brewing Company (OTCMKTS:BRBL) stock was one of the notable active movers in previous trading session as the stock fell 11.11% at $0.0008 with over 48.92 million shares traded hands, compared to its average volume of 42.48 million shares.
The company announced that its brewing facility will commence brewing operations on May 15, 2022, and one of the top salespeople in the country will spearhead distribution and branding of BrewBilt craft beer. CEO Jef Lewis stated, “The Company is finalizing the construction of its 7000 sq. ft. facility with a 20-BBL brewhouse for commercial brewing of its craft beers and commercial contracting of craft beers. The Company’s Type 23 brewing license allows for an annual capacity of 60,000 BBL.”
Northwest Biotherapeutics Inc. (OTCMKTS:NWBO) stock continued to trend higher on Monday. On Monday, the stock soared 28.30% to $1.36 with more than 6.71 million shares traded hands, compared to its average volume of 1.52 million shares.
Northwest Biotherapeutics, Inc., a biotechnology company, develops personalized immune therapies for cancer in the United States and internationally. The company develops its products based on DCVax, a platform technology that uses activated dendritic cells to mobilize a patient’s own immune system to attack cancer. Its lead product, DCVax-L, which has completed Phase III clinical trials to treat Glioblastoma multiforme brain cancer. The company also develops DCVax-Direct, which is in Phase I/II clinical trials to treat inoperable solid tumors. The company was founded in 1996 and is headquartered in Bethesda, Maryland.
ProText Mobility Inc. (OTCMKTS:TXTM) stock was one of the most active stock buzzers. The stock moved up 5.26% to $0.0020 with 49.49million share traded hands, compared to its average volume of 41.74 million shares.
ProText Mobility, Inc., a biotech company, engages in the development of pharmaceutical botanical medicines. Its medicines are formulated with highly-bioavailable plant extracts. The company is based in Boca Raton, Florida. ProText Mobility, Inc. is a subsidiary of Plandaí Biotechnology, Inc.
BitFrontier Capital Holdings Inc. (OTCMKTS:BFCH) stock continued to trend in a range on Monday. On Monday, the stock moved down 10.45% to $0.0060 with more than 6.08 million shares traded hands, compared to its average volume of 2.16 million.
BitFrontier Capital Holdings, Inc., a blockchain-oriented company, focuses on the cryptocurrency markets. It engages in cryptocurrency mining and blockchain consulting activities. The company was formerly known as Purio, Inc. BitFrontier Capital Holdings, Inc. is based in Fredericksburg, Virginia.
