"Hidden Gems: Penny Stocks to Watch Under 5¢ Now” HNRC, CLNV, ENZC, SPZI, HALB

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The penny stocks market continues to generate significant interest among investors as the year approaches its end. Given this scenario, it might be prudent for investors to explore specific undiscovered stocks within this niche. Here’s a brief overview of five penny stocks trading below 5 cents per share that could be worth monitoring at this juncture.

Houston Natural Resources Corporation (OTC:HNRC), an oil and natural gas company, has stood out as a compelling player in the industry of late. The company established the SPAC entity known as HNR Acquisition Corp. (NYSE: HNRA), an independent player in the oil and natural gas sector specializing in the acquisition, development, and exploration of properties in the Permian Basin.

On December 20, 2023, HNR Acquisition Corp. gained prominence in search results following the revelation of its appointment of Dante Caravaggio as the new Chief Executive Officer. The official announcement highlighted Caravaggio’s impressive executive background, citing his successful track record and previous roles at various large-cap companies.

Clean Vision Corporation (OTC:CLNV): This emerging force in the $14 Trillion in the green energy and clean technology industry experienced a robust upward trend in its stock over the past week, accumulating gains of 6.21%. On December 5, 2023, the company disclosed the successful trademark approval for its clean hydrogen product, AquaH®, by the United States Patent and Trademark Office. Highlighting the innovation, the company emphasized the technology’s capacity to generate carbon-neutral hydrogen, with a focus on utilizing waste plastic as a feedstock.

Enzolytics Inc. (OTC:ENZC) On November 20, it emerged that the company had filed an amended OTC Annual Report for the period ended December 31, 2022, and the delinquent disclosure for the period ended September 30, 2023. The reason why Enzolytics Inc. amended its annual disclosure was to include the audited financial statements for the periods ended on December 31, 2022, and December 31, 2021.

Spooz Inc. (OTC:SPZI) On December 26, the company was in focus after it emerged that its fully owned subsidiary unit, JP Energy Global PTE LTD, had executed a commodity contract worth $53.46 million for Grade A Chicken Paws. It was further noted in the news release that the buyer had confirmed the contract on December 15, 2023. Spooz subsidiary JP Energy Global also issued a performance bond to the buyer in the form of 2% of the amount in the financial operating instrument.

Halberd Corporation (OTC:HALB) The company was in the news on December 13 after it emerged that it had reached a key agreement with Canada-based CrodenHealth.com. As per the agreement, CrodenHealth.Com would produce, sell, market, and distribute Halberd Corporation’s low-dose patented naltrexone combo products globally. Additionally, the agreement also provided CrodenHealth.com with the right of first refusal for rights to other products in the developmental pipeline of Halberd Corporation.