Exploring Five Trending Penny Stocks Key Insights INSIDE: SPZI, HNRC, BIEI, HALB, NSAV

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Investors often categorize and analyze stocks to identify those worth tracking. Trading stocks around the 1-cent mark per share has gained popularity. This article explores some recently trending penny stocks. Let’s delve into five of these stocks. Successful investors are known for dividing the stocks in the market into a number of categories and then analyzing the ones worth following.

Spooz Inc. / JP 3E Holdings Inc. (OTC: SPZI), announced on May 23 that it had signed an agreement to acquire an ownership stake in Bloxcross Inc. Bloxcross, described in the news release as a pioneering digital asset innovation company, is known for its groundbreaking platform that revolutionized global bilateral trade, cross-border payments, and financial applications using blockchain technology. The company called this a strategic investment pivotal for both parties. Following the merger, Spooz will focus on accelerating Bloxcross’s global expansion.

Houston Natural Resources Corp. (OTC: HNRC) announced its financial results for the fiscal quarter ending March 31, 2024, in May 2024. The company reported total revenues of $4,292,940 for the quarter, marking a year-on-year increase of 2.7%. The total earnings for the period were $2,736,961, reflecting a 2.8% rise compared to the prior year’s total earnings of $2,660,713. Houston Natural Resources Corp. also reported a net asset value of $0.27 per share for the quarter.

Premier Graphene Inc. (OTC: BIEI) announced in May 2024 that it had acquired its third commercial industrial license in Mexico, in partnership with HGI Industrial Technologies LLC. The company plans to utilize local resources in Mexico and the United States for the research and production of graphene-based products. These products aim to meet high consumer demand across sectors such as medical, construction, and aerospace. Additionally, independent government-approved lab studies in Baja California, Mexico, have confirmed the strategic benefits of using a hemp-based graphene additive in hydraulic concrete.

Halberd Corporation (OTC: HALB) was in the spotlight on May 22 when it announced significant progress in collaboration with Athena GTX towards major breakthroughs in treating issues affecting military personnel and others. PTSD, a significant concern among military personnel, is a key focus of this collaboration. Halberd Corporation remarked that their partnership with Athena GTX is progressing well in this regard. The company stated that its intellectual property and patented technologies are on track to potentially address PTSD effectively.