There are numerous stocks that consistently attract investor attention due to their core businesses and significance in the market. This article examines some of these stocks currently trading below 5 cents per share. Here are seven such stocks that investors may find worth monitoring.
SINTX Technologies Inc. (NASDAQ: SINT) emerged as one of the top performers in today’s trading, soaring by 82% to $0.042. Earlier this month, the company priced 71,600,000 shares of its common stock at $0.021 per share, anticipating gross proceeds of about $1.5 million, excluding placement agent fees and estimated offering expenses.
Houston Natural Resources Corporation (OTC: HNRC), an oil and natural gas enterprise, revealed its financial outcomes on March 19, 2024, for the fiscal period concluding on December 31, 2023. The company reported revenues of $21,117,265, marking a 2.9% increase from the previous fiscal year. Moreover, total earnings surged by 19.3% to $11,501,687 compared to $9,641,297 in the 2022 fiscal year. As of year-end, the company's net asset value stood at $0.42 per share.
RushNet Inc. (OTC: RSHN) recent announcement regarding Fuel Tech Inc.'s publication of a white paper detailing the successful trial of Fuel Tech’s DGI Dissolved Gas Infusion Technology at Royal Caridea’s Gila Bend, Arizona, facility. The white paper highlighted that this technology has the potential to significantly increase shrimp size while reducing production time compared to traditional methods.
Spooz Inc. (OTC: SPZI), now operating as JP 3E Holdings Inc., revealed on March 21 that it had engaged Ancell Audit & Compliance PA to audit its financial statements. The purpose of this audit, as highlighted by Spooz Inc., was to achieve full SEC reporting status, marking the initial step towards potential up-listing on the OTCQB. Ancell Audit & Compliance PA serves a diverse clientele spanning various industries, offering its services to numerous companies.
Halberd Corporation (OTC: HALB) shared on April 4th that its patented LDN+ drug had reached a significant milestone by entering the safety trial protocol within the framework of a CRADA contract designed for military personnel, both active duty and veterans. The company mentioned that the six-week safety study for the drug would encompass participation from both retired and currently active-duty volunteers.
Enzolytics Inc. (OTC: ENZC) gained attention on April 12th following its announcement about a new business direction. Steve Sharabura, the interim CEO of Enzolytics Inc., highlighted that he and the board of directors had identified specific acquisition targets and markets for implementing the company's new strategy.
Clean Vision Corporation (OTC: CLNV), a rising player in clean fuel innovation and plastic recycling, disclosed on February 20 that it secured a $15 million loan guarantee sanctioned by the West Virginia Economic Development Authority. This funding is slated to accelerate the progress of its inaugural PCN (plastic conversion network) facility in the United States, situated in Quincy under the Clean Seas West Virginia division.
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