4 OTC Penny Stocks to Check Out: ASTA BMIN BRBL SEGI

The US stock market continues to update the record highs as the economy is recovering at a rapid pace while investors are more optimistic following the FDA’s full approval of Pfizer’s COVID vaccine.Meanwhile, investors are focused on the Federal Reserve’s Jackson Hole Symposium. While everyone expects the Fed to stay accommodative, especially amid the spread of the Delta variant, the central bank might start reversing the dovish stance.On Thursday, right before the symposium, Dallas Fed President Robert Kaplan said that the US economy was still on track for the Fed to start reducing its massive monthly bond buys in October or soon after. Kaplan downplayed the impact of the Delta variant and said:

“Based on everything I am seeing I don't see anything at this point that would cause me to materially change my outlook. Based on all that it would continue to be my view that when we get to the September meeting we would be well served to announce a plan for adjusting purchases and begin to execute that plan in October or shortly thereafter.”

Earlier this month, Kaplan seemed to be more worried about the potential impact of the Delta variant on the economy, but he said now that his business contacts were telling him they had “weathering” Delta.Thanks to the massive support from the government and the Fed, the stock market is doing great, and OTC penny stocks provide the best investment opportunities.

OTC MARKETS THE PLACE TO BE

There are many good OTC stocks that can boost your portfolio’s value in the long term. For investors, we preach the key to trading hot OTC stocks is finding momentum BEFORE it happens and then be patient.We alert our subscribers with our best ideas before our regular readers. This is the value of having a subscription to Insider Financial, which you can sign up for here.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.[embed]https://www.youtube.com/watch?v=E8tiIzHSzoQ[/embed]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 trending OTC stocks gaining momentum.In this article, we look at OTC penny stocks on the rise that may greatly reward patient investors. They are Astra Veda Corporation (OTCPK: ASTA), Britannia Mining Inc (OTCPK: BMIN), BrewBilt Brewing Company (OTCPK: BRBL), and Sycamore Entertainment Group (OTCPK: SEGI). OTC Penny Stocks #1 ASTA OTC Penny Stocks #2 BMIN OTC Penny Stocks #3 BRBL OTC Penny Stocks #4 SEGI

OTC Penny Stocks #1 ASTA

Astra Veda Corporation has been intensifying its bullish trend. The OTC penny stock has gained over 10% during the last five days and about 180% since the end of July. Currently, ASTA is trading at $0.014, and which we discussed for our subscribers already.ASTA has recently restructured its business and is now looking to become Pink Current, which might bring great opportunities for investors.The $80 million company focuses on inventing, accelerating, and promoting technical innovations, software applications, data security products, and services. ASTA grows disruptive technology companies that deliver brilliant market performance and success for its investors, employees, and business partners.At the beginning of the month, ASTA said that its OTCIQ application had been approved by the OTC Markets Group.ASTA has three main ventures, Paranotek LLC, which develops mobile apps and licensing robust technologies that increase personal and corporate information privacy through breakthrough advancements in encryption, Punchzee – a joint venture development effort between Paranotek and a group of private investors; it represents a data-driven project management and team communication platform for the construction industry, property management companies and home developers and inspectors, and Sayphr Messages, which operates an instant messaging app with all the typical features of a premium messenger with the added bonus of unbreakable security.Investors bet on Sayphr Messaging because it uses the Parano protocol, a unique end-to-end encryption protocol that makes Sayphr currently the only quantum computer-resistant messenger app. ASTA is planning to get its Parano Protocol patented.https://twitter.com/ParanotekLLC/status/1420662922439655424We think ASTA has some great technology that can be monetized in the long term. Despite the ongoing bullish trend, this is still a great time to get exposure to this OTC stock. Also, you can check an extensive due diligence report on ASTA developed by a group of investors.

OTC Penny Stocks #2 BMIN

Britannia Mining Inc is making waves, gaining 140% during the last five days and 320% since the end of July. We analyzed BMIN more in detail earlier this week before the market opened on Monday, and the OTC stock has already gained over 260% since then, currently trading at $0.042. At the beginning of August, BMIN hovered above one cent. It peaked on Thursday at $0.66.Britannia Mining used to operate as a natural resources development company, engaging in the exploration and development of iron ore and gold mining properties. However, after the recent reverse merger that drove the share price to an ATH high, the company shifted to another type of mining, which is cryptocurrency mining – a profitable business even today.On August 19, Britannia Mining said that it had completed the reverse merger with Bullet Blockchain, LTD, a crypto mining firm. Bullet has already demonstrated its ability to meet expectations, taking possession of 3,500 ASIC Miners to solidify its initial bitcoin mining operations, increasing its ‘year-one' anticipated buildout capacity up to a 200 megawatt facility, for a hash rate capacity of 6,000 petahash.Imran Ellis, a founding director of Bullet Blockchain, is the new CEO of the resulting company, replacing Bradley Rudman.Ellis had previously worked with ASIC chip manufacturers like Canaan, Bitmain, and Bitfury, which are industry leaders. On top of that, he has strong relationships with semiconductor companies like TSMC, Samsung, and Global Foundries. He is expected to build a team of experienced tech executives, consultants, service providers, and international investors.https://twitter.com/PSInvestor_com/status/1430213162377351172After China’s recent crackdown on local crypto miners, the rest of the world has benefited from the surging profitability of Bitcoin mining, as the difficulty level dropped. This has become one of the most profitable businesses today and BMIN is poised to benefit.

OTC Penny Stocks #3 BRBL

BrewBilt Brewing Company surged on Tuesday from one cent to almost four cents, with volume jumping to over 50 million shares, while it previously used to keep well below one million shares per day. Many investors are showing interest in OTC penny stocks that demonstrate rapid gains like BRBL has done this week. While we like to discuss the potential success of undervalued penny stocks making waves, we also have to occasionally point the finger at companies that come with great risks.BRBL is a craft beer producer that offers its own lineup of craft ales and lagers as well as contract and white-label brewing services. The company owns two subsidiaries – Satel Group Inc. and BrewBilt Brewing LLC. The former provides DirecTV to high-rise apartments, condominiums, and large commercial office buildings in the San Francisco metropolitan area. BRBL is expanding both its DirecTV and Internet services across the Bay Area. BRBL plans to use Satel’s revenue to support BrewBilt’s construction of the brewing facility and ramp-up of craft beer revenues.What we don’t like is that BRBL, formerly known as Simlatus, has some bad publicity. Before the company rebranded to BRBL, it used to issue new shares and cause dilution.There is also a lawsuit against BRBL set for next year, although the company said in its recent 10-Q SEC filing:

“We know of no material, existing or pending legal proceedings against our company, nor are we involved as a plaintiff in any material proceeding or pending litigation. There are no proceedings in which our director, officer, or any affiliates, or any registered or beneficial shareholder, is an adverse party or has a material interest adverse to our interest.”

With almost 69 million outstanding shares on 200 million authorized shares, more dilution is possible in the coming months. Moreover, at the beginning of August, the company decided to increase the number of authorized shares from 200 million to 500 million. BRBL said in its recent 10-Q filing:

“The Company’ Board of Directors and the Majority Stockholders owning a majority of the Company’s voting securities, approved a resolution authorizing the Company to amend the Articles of Incorporation to increase the number of authorized Common Shares from 200,000,000 to 500,000,000 shares at par value $0.0001 per share.”

Earlier this week, the Pink Current company said that it had invested into expanding the commercial brewery from a 10 BBL to a 20BBL brewery which will allow it to increase output production by 300%. While this is some great news, there is still nothing substantial to consider.The company was previously related to potentially toxic shareholders. For example, up until 2018, Simlatus’ stock ownership and convertible notes went through Donna Murtaugh, who may be the common-law wife or at least a very close person to Scott Sand, a convicted felon who was charged and imprisoned for illegal manipulations of the stock price of his company Ingen. Both Donna and Scott were top executives and shareholders at Ingen.BRBL has different management now but it still has to face its past, which puts it in a bad light. On top of that, the share price of the $1+ million company has dropped from a YTD high at $1 in February to only two pennies, and dilution might be one of the problems that have to be addressed immediately.Meanwhile, while releasing attractive press releases about future plans, BRBL admits in its latest 10-Q filing that it has no financial resources at all.

“As of June 30, 2021, the Company has a shareholders’ deficit of $16,820,038 since its inception, working capital deficit of $5,363,414, negative cash flows from operations, and has limited business operations, which raises substantial doubt about the Company’s ability to continue as going concern. The ability of the Company to meet its commitments as they become payable is dependent on the ability of the Company to obtain necessary financing or achieving a profitable level of operations. There is no assurance the Company will be successful in achieving these goals.”

OTC Penny Stocks #4 SEGI

Sycamore Entertainment Group Inc has had a great performance these days, increasing by over 37% during the last five days. Currently, the penny stock is trading at $0.016. Earlier this month, the share price bottomed out at $0.0112 following the ongoing bearish trend that started with the YTD peak in mid-February at $0.12.SEGI is an independent distribution and marketing company specializing in the acquisition, distribution and development of marketing campaigns for well-researched, cost-effective filmed entertainment. The company plans to participate in all revenue streams related to filmed entertainment content distribution as well as all activities related to funding the print and advertising (P&A) of acquired feature films. Sycamore will also engage in film productions based on specific investment criteria. Sycamore has developed the brand and accompanying website Segi.tv to deliver its content through Over Top (OTT) connected platforms such as ROKU, Amazon Firestick, Samsung IOS, and Apple TV.The recent price increase came after SEGI finally released its Q2 report.While there is nothing substantial in it, the $30 million company has recently got the Pink Current status and is looking to expand, and its activity is intensifying.https://twitter.com/sycamorefilms/status/1429922596515024906With no dilution and debt that is gradually reduced, SEGI is positioned to expand quickly thanks to an ambitious team and a business that can do well during the pandemic.

THE FINAL NOTE

At least 3 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.