There is often considerable value to be found in stocks that trade for under 10 cents but it should also be noted that an investor needs to put in the requisite research if he wants to be rewarded through those investments. Here is a quick look into four such stocks which could be worth watching at this point now.
Pennexx Foods (OTC:PNNX) – The company is involved in the software and internet industry through its subsidiary units. It mainly focuses on artificial intelligence, prepaid debit cards, social media, consumer rewards, and targeted marketing among others.
Recently, the company announced the launch of its marketing site yourgrowthdashboard.com for the purpose of advertising its merchant dashboard. The site was launched by Pennexx Foods for the purpose of helping merchants in comprehending the power of its Your Social Offers merchant dashboard. The dashboard provides merchants with the technical tools to build customer loyalty, bring back loyal customers, and expand the customer base.
Enzolytics Inc (OTC:ENZC) – Since the middle of April, the Enzolytics Inc stock had been in the middle of a rollicking run and clocked gains of as much as 300%. However, recently the stock corrected a bit.
The company was in the news yesterday after it announced that Virogenetics, its fully owned subsidiary, had received the analysis reports from the Bulgarian Academy of Sciences. The analysis reports determined the protein concentration, native enzyme concentration and peptide analysis, and amino acid sequence for the third Module for seeking permission from the European Medicine agency.
Defense Technologies Intl Corp (OTC:DTII) – The security technology company Defense Technologies Intl Corp is best known for having come up with its patented Passive Scanning Technology and the ‘Passive Portal’.
The Passive Portal is a passive, walk-through, non-invasive body scanner that detects the presence of weapons like guns and knives. It manages to do so by detecting the minuscule changes in the earth’s magnetic field that are caused by the presence of such weapons. The Passive Portal does not pose any health risks and produces no radiation at all.
BlockQuarry Corp (OTC:BLQC) – On May 9 the company had come into focus after it announced that it was going to sponsor the custom community tournament for Zed Run, the highly popular NFT-powered horse racing game. It should be noted that Zed Run joined the tournament officially as a sponsor as well and would provide the necessary funds for the event.