The OTC bear market hasn’t gone away, but the first signs of a pullback have been showing up this week. We’ve been here before and will be here again no matter what happens. Markets go in cycles and OTC stocks aren’t immune. Matter of fact, the OTC probably sees more bull and bear markets in a year than any other market.
OTC investors are failing to realize that there are still plenty of opportunities on the OTC Markets. Continuing to buy the dips in losers is not a winning strategy. We tell our subscribers to focus on what’s working and ignore the noise. Don’t get caught up in the diamond hands/paper hands BS. We talk about all of this in the video below.
In this article, we look at 4 hot OTC stocks, including Clean Vision Corporation (OTCQB: CLNV), Digital Utilities Ventures, Inc (OTCPK: DUTV), Icon Media Holdings, Inc (OTCPK: ICNM), and KAT Exploration Inc (OTCPK: KATX).
OTC STOCKS #1 CLNV
Clean Vision Corporation has had a great month so far, and momentum keeps building. The OTCBQB member has gained over 160% over the month, currently trading at $0.079. The share price peaked on March 11 at $0.094, the highest since June. From July to the end of February, the OTC stock was constantly trading near three pennies.
CLNV focuses on companies operating within the clean energy sector. It identifies and develops a business model around the clean energy and waste-to-energy sectors. It also provides packaging services. CLNV is based in California, but it’s also operating overseas in countries like India and Sri Lanka.
After hovering above $0.03, the company has been attracting increasingly more investors since February. It started by releasing a corporate update, stressing that it had achieved strong growth in 2021, but the best part would come in 2022. Last year, CLNV built a solid foundation for its patent-pending Plastic Conversion Network (PCN) by signing multiple preliminary agreements with government officials and private sector leaders in Latin America, Middle East, and Africa. The company also filed for trademark protection for its unique brand of clean hydrogen, AquaH – hydrogen derived from a plastic waste stream.
CLNV’s subsidiary, Clean-Seas, is about to commercialize its waste plastic-to-energy technologies and services. It recently purchased and now delivering a pilot pyrolysis plant in Hyderabad, India. Last month, the company said it had secured an option to develop and exclusively license a proprietary hydrogen fuel cell technology from Kingsberry Power, which will enable it to provide a complete end-to-end solution: energy from a waste stream converted and providing clean electricity to an end user. The pyrolysis and fuel cell technologies combined gives Clean-Seas a disruptive advantage as it enters the $125 billion hydrogen economy.
Earlier this month, Clean-Seas finalized a definitive agreement with India’s Council of Scientific and Industrial Research (CSIR) and its Indian Institute of Chemical Technology (IICT) for the joint collaboration on improvements in waste plastic-to-energy pyrolysis, hydrogen reformation, and fuel cell technologies.
On Monday, its pilot pyrolysis plant arrived at its R&D facility in Hyderabad, India.
While investors continue to monitor Clean-Seas’ success in India, their attention turned to Sri Lanka as well. On Wednesday, CLNV said that it had signed a binding term sheet with Columbo, Sri Lanka-based Arinma Holdings (AH) to develop a commercial scale waste plastic-to-energy pyrolysis plant to serve as a South-Asia host facility for its patent-pending Plastic Conversion Network (PCN). Arinma Holdings is an infrastructure conglomerate championing human-centric infrastructure that meets community aspirations of prosperity, social justice, and sustainability. With more than 1,000 employees, the company has completed over 350 large multifaceted projects throughout Sri Lanka, and its subsidiaries have worked on projects in Oman, the UAE, Maldives, and Bangladesh.
Clean Vision’s Clean-Seas Signs Binding Term Sheet to Expand its Waste Plastic-to-Energy PCN Operations into Sri Lanka; Company Anticipates the Plant to be Operational by Year-end 2023 Generating $195 Million in Annual Gross Revenue
https://t.co/uf0dZkte2h $CLNV #OTC
— Clean Vision Corp (@CleanVisionCorp) March 16, 2022
CLNV CEO Dan Bates said:
“Based on current off-take commodity prices, at 500 tons per day, this plant will generate approximately $195 million annually in total revenue. With Arinma as our world-class partner, I am optimistic we will break ground by year end and have this host PCN plant operational as soon as year-end 2023.”
With a market cap of only $25 million, the expected revenue would push the share price to new highs. Now is a great time to get exposure to this fast-growing company.
OTC STOCKS #2 DUTV
Another OTC stock making waves this month is Digital Utilities Ventures, Inc, which rose from $0.003 at the end of February to $0.011, up over 250%. The Pink Current stock is a shell, but investors expect it to be operational following the appointment of a new CEO.
On March 1, the company said that it had appointed Mark K Gaalswyk as its new CEO. He plans to transform the company entirely. Raised on a farm in southern Minnesota, Mark has a vision for America and its agricultural and energy needs. His leadership and creativity have earned him numerous awards, including the Minnesota “Technology Leader of the Year” award in 1998 and several US Agricultural Engineering awards.
Mark has been on the Mayo Clinic Regional Board of Directors for 10 years, where he also served on the Strategic Planning Committee.
Investors are excited about the new appointment, as Mark is also the founder and CEO of Easy Automation Inc., (EAI) a family-owned business that has grown into the largest provider of feed/fertilizer software and automation in North America, with over 3,000 Ag coop and large farm customers. Under Mark’s leadership, EAI received the “Inc. 500” award as one of the 500 fastest-growing companies in the nation and received one of only four US Congress State Legislators’ awards for being the top “Small Business of the Year.”
The great news is that Mark plans to move EAI under the DUTV brand, along with his two other companies – Easy Energy Systems, Inc and Easy Energy Finance Inc.
Additionally, I am the Founder/ Chairman/ Owner and Ceo of the companies of : Easy Automation, Inc., Easy Energy Systems, Inc. and Easy Energy Finance, Inc. My plan is to bring a number of disruptive companies and technologies all under the DUTV publicly traded company.
— Mark Gaalswyk (@MarkGaalswyk) March 14, 2022
Mark intends to utilize the clean public structure of DUTV to bring various patents, new disruptive technologies, new opportunities, and one or more of the various companies he owns (or is affiliated with) all under one umbrella with DUTV serving the role as the master public “holding company.”
This is really a great opportunity, as the company has no debt, and there will be no reverse split or dilution. With a current market cap of $37 million, DUTV has the potential to grow further with a new strategy.
OTC STOCKS #3 ICNM
Icon Media Holdings, Inc is a shell that is also on its way to transforming its business thanks to a new acquisition. The Pink Current stock has doubled in price since last week to trade at $0.0015. On Wednesday, it peaked at $0.0018 amid exploding volumes, the highest since the end of December. Breaking above $0.0019 will see the stock updating the highest level in many years, and it should happen soon.
The $15 million shell is now seeking to acquire businesses operating blockchain, crypto, metaverse, and non-fungible tokens (NFTs), which are currently the fastest-growing sectors.
According to a private document from last week, ICNM had signed a letter of intent with David Chong and a company he represents. The official announcement may come at any time this or next week. David Chong is popular for his work with All American Pet Company, Inc (OTCPK: AAPT), a technology company, and Majic Wheels Corp (OTCPK: MJWL), a crypto play.
$ICNM the company has signed an LOI with David Chong @realdavidchong and a company he represents. We are excited to work towards closing this deal as quickly as possible and seeing shareholder value grow. We expect to issue a formal PR next week. @opportunityzon pic.twitter.com/sLMFBNoKie
— Alpharidge Capital, LLC (@Alpharidge_Cap) March 11, 2022
ICNM has plenty of upcoming catalysts. How high the stock will run depends on the acquired operational business. If it’s large enough and has great potential to grow further, ICNM is a great buy. David Chong is already a great bullish signal for us.
OTC STOCKS #4 KATX
KAT Exploration Inc is a small company that is expected to go through a reverse merger as well. The share price of this Pink Current shell has surged 300% since last week to trade at $0.004. Back in July, KATX peaked at over $0.015, but it eventually lost momentum and has shed most of its gains.
KATX has a market cap of $7 million and an almost ideal share structure, with authorized shares almost maxed out, which is great for a reverse merger.
With no debt and planning to become an OTCQB member, KATX is getting prepared for a big reverse merger, and getting exposure at this early stage may bring substantial profits. Caren will surely do her best to maintain her reputation and get everything in place. There’s a lot to like with KATX.
$KATX With a tiny Market Cap, under 6 Million now and a great OS, a merger announcement will be a great development here.
— mr.normall (@NormallMr) March 16, 2022
THE FINAL NOTE
All of the 4 OTC stocks discussed today are good stocks to own. The upside is much greater than the downside at these levels.
It’s also very important to eye OTC stocks that have yet to make their explosive move. There are plenty of opportunities, and we take our time to monitor hundreds of penny stocks to buy each week, trying to find the best alerts for our subscribers.
Remember, all you need is one or two penny stocks to succeed in order to crush the market averages.
As always, good luck to all (except the shorts)!
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Disclosure: We have no position in any of the securities mentioned. We wrote this article ourselves and it expresses our own opinions. We are not receiving compensation for it. We have no business relationship with any company whose stock is mentioned in this article. Insider Financial is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This article is not a solicitation or recommendation to buy, sell, or hold securities. This article is meant for informational and educational purposes only and does not provide investment advice.