This article looks at 4 OTC stocks that will be part of the next big OTC bull run. They are Harrison Vickers and Waterman Inc (OTCPK: HVCW), Genesis Electronics Group, Inc (OTCPK: GEGI), DarkPulse, Inc (OTCPK: DPLS), and Galexxy Holdings, Inc (OTCPK: GXXY).
OTC STOCKS #1 HVCW
Harrison Vickers and Waterman Inc is an OTC merger play that has been making waves. The Pink Current shell has been moving sideways during the last five sessions, but it’s up over 350% over the month, demonstrating that you can still secure generous returns on OTC markets.
Previously, HVCW sold craft and imported beers, but the company dumped its business and has been seeking a growth-oriented acquisition candidate.
Earlier this month, HVCW, PEN Merger Sub, LLC, a California limited liability company (Merger Sub), and Pacific Energy Network LLC, a California limited liability company (PEN), started a merger deal. The deal with Pacific Energy, which is doing business as Modern Pro Solutions, was finalized on August 8.
HVCW CEO Bobby Tetsch said:
“We believe there is a lot of opportunity in front of us and being public will help us maximize those opportunities for the benefit of the shareholders.”
PEN is a California-based parent company of several subsidiary LLC’s that manage solar, roofing, HVAC, security, distribution, consulting, lead generation, marketing, sales, data, software, and mortgage divisions. Founded in 2016, PEN has quickly become one of the largest and most successful home services companies in the US with a footprint across multiple states.
Last week, investors found out that Modern Pro Solutions was No. 87 overall on its annual Inc. 5000 list, No. 13 in California, and No. 5 in the Energy sector, in the most prestigious ranking of the fastest-growing private companies in America.
$HVCW: FASTEST GROWING
📣: Article out today. Modern Pro Solutions is #87 fastest growing private company in America!
— Paul Seo 🦉 (@paulseo403) August 16, 2022
Bobby Tetsch said:
“Our stratospheric three-year revenue growth rate of 4,906% speaks to the trust our clients have in Modern Pro Solutions and the outstanding work that our team delivers.”
The price of HVCW hasn’t properly reflected the merger deal with Modern Pro Solutions, as it remains tremendously undervalued. The most important thing is that Modern Pro is generating revenue. As soon as it gets more visible online, HVCW will explode, and you don’t want to miss that opportunity.
OTC STOCKS #2 GEGI
We reported on Genesis Electronics Group, Inc earlier this month, and the Pink Current stock has managed to more than double since then, which demonstrates the value of subscribing with us to get the perfect timing of entries.
On Thursday, GEGI peaked at $0.0085, the highest level in at least five years. The stock has more than doubled over the month.
GEGI’s main business has been GMSacha Animals, a pet food line. However, the $6 million company is changing its business direction, and this may come with some great opportunities for investors.
At the end of May, GEGI announced launching a new business plan focusing on acquisitions or license agreements with autonomous technology companies. It will identify companies and/or technologies in transportation, security, flight, and artificial intelligence (AI) where autonomous technologies will be an explosive accelerator to new business growth.
He added that autonomous technology had been rapidly advanced over the past 10 years and there were so many industries that can be disrupted if these technologies were applied to them. At the moment, GEGI is assembling a highly-qualified team of advisors and partners that are making introductions to companies that could be good candidates for acquisition or licensing agreements.
At the end of June, GEGI signed an agreement to add Kevin Damoa as a strategic advisor to the Board. Damoa is an experienced Operations Professional and military veteran with a demonstrated history of working in the Aviation & Aerospace, Electrification, E-Mobility, and Defense industries.
GEGI also launched a new interim website to provide more information to its shareholders.
We like that GEGI is moving really fast. After obtaining the Pink Current status a few weeks ago, it is ready to find acquisition targets.
GEGI was able to secure two former consultants from KPMG and PWC to help advise and ensure GEGI is compliant with the markets. Their willingness to take stock is good evidence they believe in what we are putting together. More to come!
— Genesis Electronics Group, Inc. (@GenesisElectro4) August 11, 2022
We expect GEGI to surge immediately after it completes its first acquisitions, especially given its great share structure.
OTC STOCKS #3 DPLS
We reported on DarkPulse, Inc in August last year, and while the stock has lost ground since then, it seems that bears don’t have resources and arguments to push it lower. The Pink Current stock has declined by about 40% year-to-date, but it may the foundation of a long-term uptrend. It has gained 70% over the month and over 50% during the last five trading sessions alone to trade at $0.034. On Friday, DPLS almost touched $0.035 when it rose to the highest since May.
DPLS is a technology-security company that develops, markets, and distributes a range of engineering, installation, and security management solutions to industries and governments in the US and worldwide. The company’s patented Brillouin optical time domain analyzer dark-pulse technology provides clients with a data stream of critical metrics for monitoring the health and security of their infrastructure. DPLS’ patented sensor technologies enable monitoring highly dynamic environments due to its greater resolution and accuracy coupled with industry-leading data collection speeds.
At the beginning of the month, DPLS shared its financials for the second quarter ended June 30. DPLS founder and CEO Dennis M O’Leary said in its letter to shareholders:
“Since early 2022 we have made significant progress with the commercialization of our patents as well as expanding our global presence to more than eleven countries. We expect this expansion to continue well into 2023 as the Company continues to build market share into global critical infrastructure markets.”
During the first half of 2022, the company hit several milestones, including:
- The company secured office space in Houston, TX for its global headquarters. This is strategic for several reasons including Houston being a major business hub as well as a consolidated market for major companies in the oil and gas industry.
- The company has completed work for a new hardware design with integrated pulse generator eliminating the use of competing technology for deployments of its systems.
- The company has begun interviews for additional members of the Board and the creation of various committees consistent with rules associated with senior exchanges.
- The company assisted with the launch of the world’s first intelligent bridge in Marysville, CA by installing its sensor technology with the California Division of Transportation.
- The company signed a non- binding MOU for the purchase of Om Optel Industries Pvt. Ltd., a fiber optic cable manufacturing business located in India.
- The company has engaged a large U.S. manufacturer to build our BOTDA systems.
- The company has signed agreements with teaming partners to help expand our manufacturing, sales, and installation capabilities across the globe.
- The company has engaged a banking firm to assist in raising non-toxic debt.
- The company has signed a contract to install its technology into Moonland Resort, Egypt, which is the first commercial sale of its sensor system.
- DPLS successfully integrated five companies which avail cross selling and relationships to benefit the parent company.
Besides the quarterly report, the price started to gain traction after DPLS said that Gulf Automation Services & Oilfield Supplies Company, LLC (GASOS) had become the exclusive agent for the DarkPulse BOTDA EREBOS™ sensing systems in Abu Dhabi, UAE. In offering these products, GASOS will concentrate on customers in the critical infrastructure/ key resources markets, with a focus on oil and gas pipeline health monitoring applications and offshore drilling operations.
Dennis O’Leary said:
“GASOS is the premier agent throughout the Gulf States with a decade’s long history of successful contract awards in the multiple billions of dollars. In addition to typical agency services, GASOS, as a part of its process, will assist the Company with meeting balance sheet requirements typical of very large contract awards. GASOS, through their extensive network of major technical services companies bring additional resources to our efforts within the region. In considering which agent we would engage, GASOS was the clear choice.”
— DarkPulse Inc. (@DarkPulseTech) August 5, 2022
DPLS has been losing ground during the last few months, but you can get it at an even better price. It has strong fundamentals and is poised to grow continually. Recently, DPLS said it would open a governmental relations office in Washington, D.C., with a full-time team.
— DarkPulse Inc. (@DarkPulseTech) August 18, 2022
OTC STOCKS #4 GXXY
Galexxy Holdings, Inc has been rising as the company with the Pink Current designation finalized two acquisitions and appointed new management. GXXY has increased by over 30% over the month to trade at $0.29.
Last week, the $40 million company said that it had completed the acquisition of the majority controlling interest in ABC Wholesale Products, LLC (ABC). Based in Gainesville, Georgia, ABC produces and successfully markets a distinctive range of high-quality CBD consumer products under its trademarked AVALOO™ brand.
Since its start two years ago, ABC’s impressive growth is largely due to a highly motivated management team, a quality product range including top-selling formulations, and fast wholesale order fulfillment for its interstate distributors. ABC is profitable with revenues expected to exceed $1.5 million in 2022 and is projecting revenues of $3 million for 2023.
— Galexxy Holdings (@GXXYHoldings) August 18, 2022
The acquisition price for 69% of ABC’s business is $1 million, which is paid in the form of $100,000 in cash, plus 6,000,000 GXXY Reg-A shares. Under the terms of the Acquisition Agreement, these shares are restricted from sale for 6 months. The shares will then be subject to further restrictions, limiting selling at a rate of not more than 1.5 million shares per month.
Earlier in August, GXXY said it had finalized the acquisition of WellBeing Farms LLC (WBF), a company specializing in producing and marketing specially formulated CBD-Functional Mushroom health supplements. GXXY is issuing 30 million restricted common shares to WBF to acquire 100% of WBF’s membership interests.
The Global functional mushroom market was valued at $25 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 9.5% from 2022 to 2028.
The acquisition of ABC enables Galexxy’s Wellbeing Farms to access new markets in over 10 Eastern states through 20 existing wholesale distributors currently marketing the AVALOO brand to several hundred retail outlets. The acquisition also provides both ABC and Wellbeing Farms with white labeling and cross-marketing opportunities for their respective products and markets.
Iain Saul, Galexxy’s new CEO, commented on the acquisition of ABC:
“This is a very positive acquisition that is generating profits which will underpin Galexxy’s growth. My focus is to continue the strategic development of Galexxy Holdings, both through organic growth and additional acquisitions to achieve share price growth and the uplift of GXXY to OTC-QX status, as a forerunner to a further planned up listing.”
GXXY is only starting to heat up, and the 30-cent price is a good entry. This OTC stock should hit the $1 mark sooner than later, so watch this closely.
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 to find the best alerts for our subscribers.
Remember, all you need is one or two penny stocks to succeed in crushing 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 research and make your own investment decisions. This article is not a solicitation or recommendation to buy, sell, or hold securities. This article is for informational and educational purposes only and does not provide investment advice.