Stocks in The News This Week: FOBI.V / FOBIF, HALB, PBIO, AXXA

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As the trading week comes to a close it may be a good time for investors to consider taking a look at some of the companies which came into focus at different times of the week. That being said, it is also true that it is not possible for investors to look into all the stocks that came into focus and it may be necessary to perhaps be a bit more selective. This article is going to provide you with a quick look into four stocks that came into focus this week and which you could consider looking into.

Fobi AI Inc (TSX.V:FOBI) (OTCQB:FOBIF) – Fobi AI Inc is a company that provides artificial intelligence and data intelligence to different companies so that they could digitally transform their operations.

The company announced on April 19 that as previously announced in February it finally completed the transactions included in the share purchase agreement with the vendor Francisco Fiúza Da Silva Beirâo Belo. By way of this agreement, the company would acquire Passworks SA, a mobile marketing and digital wallet firm based out of Europe with globally renowned clients like Publicis and Hugo Boss.

Halberd Corporation (OTC:HALB) – Earlier in the week Halberd Corporation had been in focus after it made an announcement with regards to its work into antibiotic-resistant bacteria at Youngstown State University. The company announced that its work with regard to the project had been featured in a news broadcast on WBKN, an affiliate of OH CBS television station.

The samples had been provided to the company by the Centers for Disease Control and Prevention and the research is being conducted by professors, students, and lab assistants at the university through the deployment of Halberd Corporation’s proprietary technology.

Pressure BioSciences (OTC:PBIO) – Pressure BioSciences is best known for the manufacturing of pressure-based instruments which could be deployed across many industries. Back on April 18, the company announced that it had gone into a strategic agreement with Artisan Industries Inc, a company involved in providing separation and purification technologies to processing industries.

The agreement will help the company in boosting its capacity with regards to manufacturing capacity so that it can service the needs of those clients which need its Ultra Shear technology-based nanoemulsion products. Eventually, Artisan could turn into the company’s exclusive manufacturer.

Exxe Group Inc (OTC:AXXA) – On Wednesday, Exxe Group Inc announced that it had been successful in completing the acquisition of the Serenity Lakeside Resort in Phuket, Thailand.

The acquisition market was the company’s first foray into the hospitality industry in Southeast Asia and it was also noted that it was the first of many such deals. The company initially got a 50% ownership of the asset but in 2024 it would get hold of 100%.