The US economy is reviving, and many hot OTC stocks are primed for big gains.
Stock indexes are fluctuating close to their all-time highs, extending gains after the Fed released the minutes from its last meeting, which suggested officials may not be ready yet to tighten policy despite the inflation.
The minutes showed that the Fed observed significant further progress on the economic recovery. The officials agreed they should act if inflation or other risks materialized, but no action is needed for now.
Meanwhile, the US Labor Department said on Wednesday that job openings rose slightly to a fresh record in May, although hiring declined, suggesting that the economy might still be struggling with labor shortages as COVID restrictions eased across the US. Job openings rose by 16,000 to 9.2 million as of May 31. Hiring dipped to 5.9 million in May from 6.0 million in June.
Andrew Hunter, an economist at Capital Economics, told Reuters:
“The latest survey data suggest that labor shortages remain acute.”
Still, labor demand suggests a rapidly recovering economy, which is a good sign for investors. The OTCQX Composite Index, which tracks over 400 OTC stocks, is maintaining above 1,600, close to its ATH. Some OTC stocks are making waves right now, providing great opportunities.
For investors, we preach the key to trading hot OTC stocks is finding momentum BEFORE it happens and then be patient.
Today, we’ll look at 4 hot OTC stocks that will greatly reward patient investors.
They are DarkPulse Inc (OTCMKTS: DPLS), Marketing Worldwide Corporation (OTCPK: MWWC), ProBility Media Corp (OTCPK: PBYA), and RushNet, Inc (OTCPK: RSHN).
We always alert our subscribers first before we publish for our regular readers. This is the value of having a subscription to Insider Financial, which you can sign up for here. We alert our subscribers with our best ideas before our regular readers.
If you watch the Insider Financial YouTube channel, you can get a sense of the ideal time to book profits. We warned our subscribers not to get greedy or get caught up in the diamond hands/paper hands BS.
We also recommend you own a portfolio of OTC stocks. For some, that can be as many as 10 to 20 or more OTC stocks. This provides diversification and allows one to manage the market’s moods much easier. It also helps to own shares in the following 4 hot OTC stocks gaining momentum.
Hot OTC Stocks to Watch #1 DPLS
DarkPulse Inc has been in bullish mode during the last few weeks, surging 542% in the last month alone. We first told our subscribers about DPLS back on June 16 when the stock dipped to $.04 a share and which you can read here.
Since the beginning of the year, the OTC stock has skyrocketed by a whopping 11,700%, turning into an $834 million market cap and making some investors very happy.
— LUKE21 (@LukeD21) July 6, 2021
Despite the massive price surge, this doesn’t seem to be the end of the journey, as the company is seeking to expand its business.
DPLS is a New York-based tech company that manufactures, sells, installs, and monitors laser sensing systems based on its patented BOTDA dark-pulse sensor technology, which provides a data stream of critical metrics for assessing the health and security of infrastructure, including pipelines, oil and gas facilities, as well as mining operations.
After several consecutive years of negative earnings, the company is now aggressively expanding, diversifying its business with mergers and acquisitions as well as meaningful partnerships.
Last month, DPLS announced its intention to buy controlling stakes of 60% in both Remote Intelligence, LLC and Wildlife Specialists LLC – two sister companies that provide drone-based, geo-rectified, 3D modeled mapping for industrial applications for the energy sector.
Remote’s focuses on aerial drone systems offering rapid comprehensive site mapping and aerial inspection services. Additionally, the company provides video inspection services, aerial, wildlife, and habitat surveys, emergency support services, and comprehensive system design, training, and sales for both the commercial and private sectors.
DPLS is ready to spend $1.3 million for the deal, expecting the two new businesses to secure additional revenue.
At the end of June, DPLS unveiled its plans to acquire TerraData Unmanned, PLLC, a drone-based company providing multiple platform capabilities, including underwater inspection services. TerraData also provides integrated, drone-based, geo-rectiﬁed, 3D-modeled mapping, but it focuses on industrial applications like transportation departments, water management agencies, and engineering firms. TerraData inspects culverts, bridges, piers, dam and lock systems, water treatment facilities, and more.
TerraData’s Remotely Operated Vehicle (ROV) Inspection Services are needed more than ever as the US struggles to examine conditions and deterioration of aging infrastructure.
DarkPulse CEO Dennis O’Leary commented:
“As DarkPulse continues to build best in class technology service offerings to the critical infrastructure/key resources market we look for teams such as TerraData to bring experienced personnel and leading-edge equipment allowing the Company to operate AI assisted inspection services in all mediums including land, sea and air.”
Besides the acquisitions, DPLS secured several partnerships last month. For example, it had become Surface LLC’s safety support and quality assurance auditor and Grae-Con Construction Inc’s construction partner.
$DPLS A lot of news here’s a recap:
Acquisitions: Remote Intelligence, Wildlife Specialists, TerraData.
Teaming: Unleash Live,Graecon-Con, Sursafe. We’re building the first ever AI enabled infrastructure sensing solution with Land, Sea & Air capabilities. -We’re DarkPulse
— DarkPulse Inc. (@DarkPulseTech) July 6, 2021
Thanks to the acquisitions, DarkPulse is becoming a leader in infrastructure sensing and monitoring in all domains, air, land, and sea. The company is very active on social media and is transparent. We think DPLS is definitely a good OTC stock to hold in your portfolio.
Hot OTC Stocks to Watch #2 MWWC
Marketing Worldwide Corporation is one of the OTC companies that are only starting their restructured business, which means a lot of opportunities for early investors. The share price is one cent, up over 180% during the last five days, and up over 450% during the last month alone.
MWWC used to produce and distribute automotive accessories for cars in North America. However, the company has updated its business operations and is now helping tech startups and companies reach their potential. MWWC is an acquisition incubator, buying companies and patents built by passionate tech visionaries. MWWC is developing strong marketing and operational plans for the projects included in its portfolio, launching them to the world. It focuses on fintech, cybersecurity, augmented reality, crypto, and social connectivity businesses.
Despite making only its first steps, MWWC has much support on social media, with many investors criticizing George Sharp – who promotes himself as an exposer of OTC fraud – for calling MWWC a scam. Sharp had also called MJWL a scam, although we believe in this OTC stock, and it has already managed to prove him wrong in a big way.
Sharp is 100% watching my channel… about 2 months ago when I made a $WSGF video the next day he tried to call it a scam. Now he’s trying to call $MWWC a scam a day after a few MWWC videos (400% run) Is this man really that mad we are making $$$? Sad man. The real p&d is $FORW.
— Moon Market (@MoonMarket_) July 7, 2021
While MWWC has no financials at the moment and goes with the dark symbol on the OTC market, the company provided some updates on July 7.
The company said that it had a majority shareholder meeting during which new management and leadership team was formed. At the end of June, Jason Schlenk was appointed as the new CEO of MWWC, which is moving from Delaware to Wyoming.
Also, an internal audit and review of the share structure have taken place at the beginning of July. MWWC is about to cancel 7.4 billion shares from the authorized share count during the Wyoming relocation. The new authorized share total will be 3.5 billion shares of common stock, reduced from the former 10.9 billion shares.
Jason Schlenk said:
“I am thrilled to see how far we have come in a short period of time, and that we are efficiently executing to achieve a number of short-term milestones. I have already submitted my application to OTC Markets for subscription services over a week ago, and look forward to seeing any updates or requests for more information as they deem appropriate. Obviously, our goal of getting back to a pink current standing is of priority importance, and I thank everyone for their continued support.”
We think that MWWC has great potential and can boost the value of your portfolio, especially considering the new ambitions and the fact that the share supply was reduced by so much.
OTC only place where a CEO cancels 7.4 BILLION shares and investors get scared off by a tweet from an egotistic maniac NOBODY. If you sold based on that tweet, just quit. $MWWC
— Stock Geek (@StockMarketLife) July 7, 2021
Hot OTC Stocks to Watch #3 PBYA
Another small company seeking to become Pink Current is ProBility Media Corp. The OTC stock has been correcting on July 8, declining by 26%, but it has still gained over 370% during the last month alone.
We first told our subscribers about PBYA on July 1 when it dipped to $.0047 before the big move to a penny and which you can read here, along with Netlist (OTCMKTS: NLST) which closed Friday at new highs.
The company serves the educational and training needs of vocational trades worldwide. It offers paper and digital codes, standards, and training materials, and eLearning courses to train tradespeople and help them retain their certifications. The company provides full-service training and career advancement tools for the skilled trade industry.
PBYA was founded 10 years ago, but in 2019, it became an alternative reporting company after a series of unfortunate events that prevented it from completing an audit required to raise $10 million.
Now PBYA intends to become Pink current with its filing obligations pursuant to Securities Exchange Act Rule 15c-211 and OTC Markets Group, Inc Reporting Guidelines before the end of September.
The company has become more active, seeking to expand its businesses and cease to rely on third-party vendors while developing its own self-published online and classroom-based training products.
As promised $PBYA DD
✅ No Dilution
✅ Great ending on Friday with GAP UP chance
✅ Beautiful future ahead of us pic.twitter.com/Bs7Ez16hct
— Jon Snow (@SnowOTC) July 6, 2021
At the end of last month, PBYA’s subsidiary North American Crane Bureau Group (NACB), launched new training programs for Tesla, Marathon, and BAE Systems. The news supported the share price, triggering a bull run that culminated with the YTD peak hit on July 6 at over $0.009.
NACB’s programs consist of onsite training for crane operators, inspectors, rigging personnel and signal personnel, and lift equipment trainers within these organizations. The good news is that these engagements are long-term training arrangements to be replicated throughout their corporate footprint.
Meanwhile, One Exam Prep, another subsidiary of PBYA, has reportedly quickly become one of the largest test prep companies in Florida. After switching to an online-only format, One Exam has expanded its classes into more than 15 other states.
Following the start of the pandemic and the subsequent measures, the company’s management upgraded its online streaming capabilities, becoming one of the first in the industry to offer full programs online. One Exam also began to offer tutoring services as a form of added services to its students. Tutoring quickly became one of the most popular services offered as more students wanted individualized attention.
In the coming months, One Exam is expected to continue to open new markets for contractor test preparation and get closer to its goal of being the first nationwide company to offer vocational test preparation for most skilled trades.
We think that companies seeking to become Pink Current have some great potential, and PBYA has some real products and services with increasing demand.
Hot OTC Stocks to Watch #4 RSHN
RushNet, Inc is yet another OTC company restructuring its business. While the OTC stock has corrected on July 8, the price has increased by about 50% since the beginning of June, currently trading at $0.006.
We first told our subscribers about RSHN on June 8th when the stock dipped to $.0043 before it ran to $.024 and which you can read here.
Investors like small companies restructuring their business because that may lead to great opportunities, albeit with higher risk.
In the past, RSHN distributed beverage products in the US and Canada. Nevertheless, after a recent major overhaul, the company turned to biotech solutions as a result of a reverse merger. Specifically, RushNet was acquired by Chattahoochee Labs, which is currently rebranding into heliosDX. The resulting company holds the RushNet name and the RSHN ticker on the OTC markets. It became Pink current at the end of June.
heliosDX offers laboratory testing solutions, including high-complexity urine drug testing (UDT), behavioral drug testing, allergy droplet cards, oral fluids, infectious disease (PCR), and NGS genetic testing. It has been around since 2015. The company has experienced profit and rapid growth every year and is currently expecting over $6 million in revenue in 2021, which is good news for RSHN holders.
heliosDX plans to buy a privately held laboratory with massive revenues to be part of RSHN. The new laboratory would triple the company’s revenues and quadruple its throughput.
On July 6, RSHN provided an update on its roadmap, saying that it had reached the following important milestones:
- Filing Disclosures
- Filing Financials
- Attorney Letter
- Mid/2nd Quarter Financial Update (Record Breaking)
- Pink Current
- Website transition chattahoocheelabs.com to heliosDX.com
- Professional Sales and Marketing Video
- R/S Officially Canceled
- *NEW: Hiring a Director of Virtual Sales – Completed
There are several milestones in progress, including:
- Audit Financials – Will Reach Satisfactory Audit
- Spinoff RushNet, Inc subsidiaries – Hold; Pending heliosDX Spinoff
- Lab Acquisition(s) and/or LOI Update – Target Close Date Late 3rd Quarter
- Complete the Merger/Acquisition (heliosDX by RushNet) – Imminent
- Reengage FINRA – Part of Spinoff Process
- SEC Reporting – Pending Spinoff
- Preparation of Application to SEC & FINRA
- Launch National Sales Campaign Utilizing Verb Technologies – August 1, 2021
The announcement revealed several new roadmap items, including:
- RushNet acquisition of Grandeza Healthcare – in progress
- heliosDX opening executive offices in Florida – pending lease signature
- Announcement of Board Members – coming in Q3
- Hiring of the executive team – Ongoing; positions will be posted via LinkedIn
Upon the spinoff of heliosDX, RSHN shareholders would have access and receive one share of heliosDX per 1,000 shares of RushNet owned upon close on the ex-dividend date. RSHN shareholders would have access to buy 11 shares of heliosDX per 1,000 shares of Rushnet, Inc at a discount to market upon the close on the ex-dividend date. The dividend is yet to be determined.
As per the update, RSHN will acquire Grandeza Healthcare in the near term, which is the sister company of heliosDX. Grandeza, a billing and coding company in the healthcare sector, is expected to achieve more than $1.5 million in annual revenue and be profitable in year one of operations.
RSHN is turning into something big thanks to the restructuring. We think this is a great stock to hold in your portfolio.
THE FINAL NOTE
Today is a great opportunity to benefit from the stock market’s bullishness and invest in hot OTC stocks with great potential during a reviving economy. Our job is to identify the best OTC stock alerts with strong fundamentals and let our subscribers pick the ones they like to build a well-diversified portfolio oriented at penny stocks.
All of the 4 OTC stocks discussed today are on the rise and are good stocks to hold. Nevertheless, our best advice is to be patient and enter the market during corrections. Buying dips and selling rips as swing trades remains the best strategy in the penny stock market. Still, whenever an OTC stock is in the middle of a bull run, we recommend our subscribers to book profits.
It’s very important to eye OTC stocks that have room for growth and 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 OTC 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.