Following were the most active stock buzzers on Thursday. 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.
SPO Networks Inc. (OTCMKTS:SPOI) stock was in action in the previous trading session as the stock ended flat at $1.50 with over 4.9K shares traded hands, compared to its average volume of 9.1K shares.
SPO Networks, Inc., through its subsidiaries, operates as an automotive manufacturing and design company. The company produces the HyImpact line of hydrogen fuel supplement systems for diesel and gas engines and generators. These systems reduce fuel consumption and emissions for transport, marine, and oil services applications
Enzolytics Inc. (OTCMKTS:ENZC) stock continued to trend in a range on Thursday. On Thursday, the stock ended higher 2% to $0.0676 with more than 6.23 million shares traded hands, compared to its average volume of 7.55 million shares.
Enzolytics, Inc., a drug development company, focuses to the commercialization of its proprietary proteins for the treatment of debilitating infectious diseases. Its patented anti-HIV therapeutics and a proprietary methodology for producing human IgG1 monoclonal antibodies for treating infectious diseases with non-toxic passive immunotherapy.
APT Systems Inc. (OTCMKTS:APTY) stock was in action in the previous trading session as the stock moved down 1.6% to $0.0119 with over 16.26 million shares traded hands, compared to its average volume of 14.06 million shares.
The company announced that it has launched Spera (SPRA) on the Mainnet in preparation for making the Spera stablecoin available for purchase.
PHI Group Inc. (OTCMKTS:PHIL) stock was in action in the previous trading session as the stock ended up by 7.15% to $0.0015 with over 233.09 million shares traded hands, compared to its average volume of 190.58 shares.
The company announced that CO2-1-0 (CARBON) CORP., a subsidiary of the Company, has signed a Listing Agreement with DigiFinex, the Top 10 Volume Crypto Centralized Exchange in the world. According to the Agreement, CARBON token (symbol: CO2) will be listed in DigiFinex exchange and available for trading on April 22nd 2022. CO2 will be traded together with other 425 listed coins including Bitcoin, Ethereum, etc. Currently, CO2 will be paired with USDT.
NuGene International Inc. (OTCMKTS:NUGN) stock continued to trend in a range on Thursday. On Thursday, the stock soared 23.33% to $0.1480 with more than 2.35 million shares traded hands, compared to its average volume of 2.75 million shares.
The company announced the launch of BOXO Productions, its new film and television production subsidiary. The BOXO leadership team is led by industry heavyweights actor/producer Petr Jákl, former CAA agent Ara Keshishian and producer Martin J. Barab. Drawing on decades of experience working with some of the biggest names in Hollywood and international cinema, Jákl, Keshishian, and Barab will leverage their experience to bring BOXO premium entertainment to a global audience.
