OTC stocks on the rise
Momentum & Growth

4 OTC Stocks on the Rise: GVSI ILUS INQD PBYA

The US economy continues with its recovery path despite the increase of new COVID-19 cases caused by the Delta variant. Despite the plummeting cons…

The US economy continues with its recovery path despite the increase of new COVID-19 cases caused by the Delta variant. Despite the plummeting consumer sentiment that fell to the lowest in a decade, US Fed chief Jerome Powell said Tuesday that it remained unclear whether the Delta outbreak would have a noticeable impact on the economy.

“COVID is still with us … and that is likely to continue to be the case for a while, but people and businesses have improvised and learned to adapt to live their lives despite COVID,” he said.

Meanwhile, production at US factories rose last month, driven by an acceleration in vehicle output. The Fed said that manufacturing output surged 1.4% in July after falling 0.3% in June. Economists expected manufacturing production to increase by 0.6%.

The overall picture of the US economy looks promising, and this is a great time to invest in stock markets, especially in penny stocks, which provide greater return potential.

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.

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 4 OTC stocks on the rise that will greatly reward patient investors. They are Good Vibrations Shoes Inc (OTCPK: GVSI), ILUS International Inc (OTCPK: ILUS), Indoor Harvest Corp (OTCPK: INQD), and ProBility Media Corp (OTCPK: PBYA).

OTC stocks on the rise GVSI

OTC stocks on the rise GVSI

OTC stocks on the rise ILUS

OTC stocks on the rise ILUS

OTC stocks on the rise INQD

OTC stocks on the rise INQD

OTC stocks on the rise PBYA

OTC stocks on the rise PBYA

OTC Stocks on the Rise #1 GVSI

Good Vibrations Shoes Inc is on the rise, gaining almost 40% during the last five days. The OTC stock is currently trading at $0.056, after hitting $0.058 earlier on Tuesday, which is the highest level since 2015. The share price surged by a whopping 18,000% since the beginning of the year, reaching a market cap of $127+ million.

However, the company is not even Pink Current, and has much room for growth. GSVI showed its teeth for the first time in May, after investors found out that George Sharp had become a custodian of the company. He first announced the filing for custodianship in April, contributing to the bullish move.

For those unfamiliar, George Sharp is a popular name in OTC. He is consulting several OTC companies and attorneys. He is also promoting himself as an investigator, forensic researcher, and OTC scam detector. He was a consultant to OTC Markets Group, Inc, so he knows how this market works.

George Sharp has been able to pull off great deals with Tesoro Enterprises and HUMBL Inc (OTCMKTS: HMBL). We first covered the TSNP/HUMBL deal when the stock was just $.027, which you can read here.

Investors expect him to succeed with GSVI as well. At the end of June, Sharp said that GSVI applied to become Pink Current, and it should happen this or next month, which may further drive the penny stock’s price.

OTC Stocks on the Rise #2 ILUS

ILUS International Inc has surged over 80% during the last five days, breaking above solid resistance at $0.05. The OTC stock delivered a swing high at $0.0868, which is the highest level since the beginning of May. Still, there is much room for growth until updating the year-to-date at over $0.16.

Formerly known as Ilustrato Pictures International, Inc, the company used to produce feature theatrical films for international release. It recently turned out into an M&A firm that acquires and grows companies operating in the technology, engineering, and manufacturing sectors globally. Its subsidiaries currently offer emergency services products, emergency response vehicles, wearable tech, and smart tech, among others.

ILUS is interested in acquiring businesses with revenue in the $1 million to $5 million range. Thus, the Pink Current company can quickly expand its $100 million market cap.

Last Friday, ILUS released its financials for Q2, which showed rapid growth. Thus, revenue rose 462% q/q to $2.86 million, and gross profit is up 375% to $992,000 compared against Q1 gross profit of $209,000.

ILUS said that it had strengthened its balance sheet with assets increasing to just under $24.5 million, and cash in the bank has also increased.

After conducting two acquisitions in the first quarter when buying FireBug and The Vehicle Converters, the company focused on more candidates in the three months to June. In mid-April, it acquired BCD Fire, a fixed fire systems integrator headquartered in Dubai, UAE. ILUS said that it was in discussions with five further acquisition targets, four of which are in the US and one in Europe.

BCD Fire has already managed to secure 3 new contracts in the July-August period. Earlier this month, the company had been awarded the contract for the supply and installation of fire systems, including fire alarm panels and detectors, a central battery system and fire sprinkler system for a commercial tower in Dubai. When completed, this building will be the world’s tallest commercial tower. The BCD team is working under the main contractor for this project and has commenced work on the first phase of the project, with the contract value for this phase sitting at just under $1 million.

ILUS Managing Director, John-Paul Backwell, said:

“We feel that we are barely scratching the surface of our potential in the fixed fire system arena, but these recent contracts awarded within a short period of time to BCD Fire do represent the exceptional progress we are making.”

While ILUS is not necessarily a crypto play, it launched its proprietary cryptocurrency at the end of April in collaboration with Toto Capital Inc. Called ILUS Coin, it allows coin holders to earn rewards and interest that derives from ILUS revenue. Thus, the token holders contribute to the company’s products that save lives. ILUS is now trading on Pancake Swap and LA Token.

Given that ILUS is an M&A company, each new acquisition or deal can have an immediate or long-term impact on the share price. The three deals it has secured this year are enough to make ILUS a good candidate for your OTC stock portfolio.

OTC Stocks on the Rise #3 INQD

Indoor Harvest Corp has been on the rise since the end of July, when the OTC stock bottomed out at $0.0075, which was the lowest level since the beginning of February. On Monday, the share price rose to almost two pennies, which was the highest since the end of February, when INQD hit its YTD peak at $0.034.

Previously, INQD used technology and planning for vertical farming, building integrated agriculture, controlled environment agriculture, and aeroponic cultivation in the US. It developed proprietary high-pressure aeroponic cultivation system designs, as well as flood and drain, and floating raft designs for cannabis and other agriculture products. The company provided Modular HP-Aeroponics, Low Tide VFRack, and Shallow Raft VFRack platforms under the Indoor Harvest brand.

However, a few years ago, the company had ceased to actively sell its products and services to the vertical farming industry and instead focused on utilizing its technology and methods for the cannabis industry. The current strategy is to position itself as an integrated consolidation platform offering for cannabis industry companies focused on hemp, hemp-related products, CBD, with the potential to be part of a bigger opportunity while sharing intellectual capital, technology, expanded business networks, along with access to new capital markets and liquidity for investors.

INQD still hasn’t got the Pink Current status, and it has been in the process of restructuring after a new CEO was appointed last year. The company also doesn’t have a website at the moment.

Indoor Harvest has had a difficult period during the pandemic, but now it’s determined to become Pink Current and expand its business. Earlier this week, the company explained in an SEC filing that it couldn’t deliver the Q2 report on Form 10-Q by the August 16, 2021 deadline. It’s now working to remove the Delinquent SEC Reporting symbol from OTC markets.

INQD is one of those companies that are at the beginning of a journey, and they come with great opportunities. You should definitely keep an eye on this OTC stock.

OTC Stocks on the Rise #4 PBYA

ProBility Media Corp is one of those companies that have been in bullish mode since the beginning of the year. The share price hit its YTD high at the end of July at $0.0133 and almost updated it on August 16, when it touched $0.0121.

PBYA has already made many investors happy, surging almost 6,000% since the beginning of the year. 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.

PBYA is an industrial education and training technology company offering education online and in-person programs, including training in a variety of vocational industries. ProBility is executing a disruptive strategy of defragmenting the education and training marketplace by offering high-quality training courses and materials to prepare the workforce for excellence. ProBility services customers from the individual to the small business to the enterprise level corporation.

After about a decade of operations, PBYA became an alternative reporting company in 2019 after a series of unfortunate events that prevented it from completing an audit required to raise $10 million. It went through a refreshing period earlier this year, seeking to become Pink Current again. It recently got its Pink Current status and went even further by actually becoming Penny Stock Exempt. On Monday, the company explained that o quality for Penny Stock Exempt, an issuer must satisfy one of the following requirements:

  • The minimum price should be greater than $5 per share;
  • Average revenues of at least $6 million for the last 3 years;
  • The issuer has net tangible assets exceeding $2 million if the issuer has been in continuous operations for at least 3 years or $5 million if less than three 3 years.

PBYA use to operate through its three main subsidiaries, which are North American Crane Bureau, 1Exam Prep, and Disco.

Earlier in August, PBYA announced the acquisition of Upstryve Inc in an all-stock transaction. In fact, following the acquisition, ProBility will change its name to Upstryve, and all of its subsidiaries will be rebranded under the Upstryve platform. The transaction will include the issuance of 692,500,000 shares of restricted common stock to the shareholders of Upstryve. The company will not affect a reverse split of its common stock in connection with the acquisition and remains committed to remaining compliant with its SEC reporting obligations.

Upstryve is positioned as one of the first of its kind and is believed to be the only nationwide online tutoring marketplace specifically servicing the skilled trade industry. Upstryve offers an end-to-end solution for vocational career education and advancement and services both aspiring trade professionals, corporations and organizations as a corporate training platform.

Upstryve’s licensing platform uses its online marketplace of tutors nationwide to cater to the over 5,000 certifications and licenses throughout the US.

According to a report Grandview Research released in October 2020, the global online tutoring services market was valued at $4.81 billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 16.1% from 2020 to 2027 with a projected revenue forecast of $15.99 billion.

PBYA has already exceeded our expectations. Despite trading close to its YTD high, this is a bargain price for this rapidly growing OTC stock.

THE FINAL NOTE

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)!

WHEN INSIDER FINANCIAL HAS A STOCK ALERT, IT CAN PAY TO LISTEN. AFTER ALL, OUR FREE NEWSLETTER HAS FOUND MANY TRIPLE-DIGIT WINNERS FOR OUR SUBSCRIBERS. WE SPECIALIZE IN FINDING MOMENTUM BEFORE IT HAPPENS!

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.

4 OTC Stocks on the Rise: GVSI ILUS INQD PBYA
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