4 OTC Stocks Ready to Rally: GWSO IGEN TGGI UAMM

Smart investors know that if you want to make the big money off a small account, the place to be is the OTC Markets. 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 penny stocks is finding momentum BEFORE it happens and ahead of the crowd.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=kaQWQdL6q_A[/embed]We also recommend you own a portfolio of penny 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.In this article, we look at 4 OTC stocks that will greatly reward patient investors. They are Global Warming Solutions, Inc(OTCPK: GWSO), IGEN Networks Corp (OTCPK: IGEN),Trans Global Group, Inc (OTCPK: TGII), and UA Multimedia, Inc (OTCPK: UAMM). OTC stocks #1 GWSO OTC stocks #2 IGEN OTC stocks #3 TGGI OTC stocks #4 UAMM

OTC STOCKS #1 GWSO

Global Warming Solutions, Inc has been correcting since early November’s YTD high at over $10 to trade at $6.65. Nevertheless, the Pink Current stock maintains its bullish stance overall, as it used to trade below $3 for most of the year.GWSO develops and commercializes technologies that help mitigate global warming. The company focuses on three areas that help reduce the extent of global warming and fight issues that have risen in consequence: clean energy, carbon control, and water purification.At the end of September, the company announced the final stages of development of its first patented prototype Sodium-Ion Battery, which was launched recently.GWSO President Michael Pollastro stated:

“Upon the completion of our prototype battery we will be able to demonstrate the effectiveness of our uniquely positioned patent.”

Sodium-Ion batteries consist of a cathode based upon a sodium-containing material and a liquid electrolyte containing disassociated sodium salts in polar protic or aprotic solvents. Sodium-Ion batteries have many advantages over competing battery technologies. These are far safer, and utilize readily available and abundant materials versus lithium-ion batteries that use very rare and dangerous rare earth materials such as lithium, cobalt, and graphite, in addition to copper and nickel. The greatest advantage of Sodium-Ion batteries is the abundance of available sodium.Pollastro added:

“Once we have assembled and tested the product, it will be transported to our California offices, at which point we will investigate full-scale manufacturing options.”

In mid-November, GWSO said that a prominent European university’s department of chemistry had successfully conducted third-party testing and analysis of the technology surrounding “GWSO’s hybrid hydrogen production system.” This system includes high-energy Sodium battery and hydrogen system which can generate hydrogen during electrolysis and then can generate energy as a fuel cell.OTC companies that bring innovation and propose game-changing technologies provide great opportunities for investors, and we think GWSO is a good example with its sodium-ion battery. On top of that, the company has recently reduced the number of outstanding shares by 13%.GWSO looks destined for new highs.

OTC STOCKS #2 IGEN

IGEN Networks Corp’s market cap is about 15 times smaller than that of GWSO, and the Pink Current company with independent directors has much room for growth. The share price has almost tripled since last week, trading near $0.009.IGEN offers software services for managing automotive and commercial assets. Cloud-based services include Asset Management, Stolen Vehicle Protection, and Driver-based Analytics. IGEN is a fully reporting company in both Canada and the US.Last Friday, the price surged to the highest since August, backed by the highest volume figures YTD after the company announced its qualification for GSA Multiple Award Schedule Contract with selected US states and federal government markets. The GSA/VA status enables IGEN to market its products and services directly to governments, including Counties, States, and the Federal Government.According to the GSA/VA Solicitation Services, there are only .003% of companies in the United States that are GSA or VA Federal Supply Schedule Contract qualified. According to The Authority in Government Contracts, the Federal Government spends over $40 billion exclusively with GSA/VA Schedule Contract holders every year. Even a small chunk of this amount is huge for IGEN.From this GSA/VA Schedule contract status, IGEN will market its Medallion GPS Fleet Platform initially to counties located in six states that include Pennsylvania, Michigan, New York City, New York, Tennessee, and California. Additional states will be added to IGEN's contract status as opportunities grow across the US.The Medallion GPS Fleet Platform incorporates the patented “Digital Telematics Signature,” which offers greater accuracy in measuring and scoring driver behavior across diverse fleets providing a powerful tool for assessing actuarial risk of assets and their drivers.On Tuesday, IGEN announced the launch of a nationwide Dealership Program between its Nimbo Tracking and Peak Performance Team. With the initial launch, the first Master Purchase order for 1500 new vehicle activations takes effect through IGEN's Nimbo Tracking distribution channels and ‘FamilyShield’ services offered to automotive consumers across the Peak Performance Team Dealership Network.The Peak Performance Team (PPT) is a nationwide organization and industry leader in providing protection products, lending, technology, and training to dealerships across 28 states and markets. It serves more than 450 franchise and pre-owned automotive dealerships with tens of thousands of vehicles bought and sold each month.IGEN’s Nimbo Tracking is a real-time GPS tracking solution for dealerships.Abel Sierra, VP & GM of IGEN Networks Corp, commented:

“The Peak Performance Team organization is our newest distributor and channel partner with proven capabilities and expertise in working with automotive dealerships and insurance companies. We are delighted with the opportunity to develop a comprehensive program which takes advantage of IGEN products and services across multiple consumer segments.”

We think IGEN is quickly returning back to consolidate above the $0.01 mark, so make sure to get exposure to this OTC stock as it secures state and federal government contracts, especially as the authorized shares are almost maxed out.IGEN was also highlighted by Timothy Sykes, who has over 300k followers on Twitter.https://twitter.com/timothysykes/status/1467719710204641284

OTC STOCKS #3 TGGI

Like GWSO, Trans Global Group, Inc has been correcting lately, but the Pink Current stock is still trading above an ascending support line. TGGI is currently trading at $0.0146, down from November’s YTD peak near 3 cents but up almost seven times since August. We first reported on TGGI in May of this year, when the shell was trading at $0.004.The $120 million company was formed as an investment firm planning to acquire companies in Liquor Industry in China. TGGI’s sole purpose today is to locate and consummate a merger or acquisition with a private entity. The company has been working to buy assets or shares of an entity actively engaged in business that generates revenues in exchange for its securities.As we reported in mid-August, when TGGI’s share price was also trading near $0.004, the company’s new CEO, Ren Chen, owns a wine/liquor firm in China that is listed on the Shanghai Market. Previously, he wanted to get listed on the NASDAQ but failed with his $6 billion Chinese firm, so it seems that he acquired TGGI to turn it into his wine company and uplist it on NASDAQ. Given that the current market cap of TGGI is $120+ million, there is much room for growth if the reverse merger happens. But there is more – it seems that there are more Chinese companies wanting to merge with TGGI, and the resulting market cap is about to explode when the deals materialize.https://twitter.com/paulseo403/status/1467705233602232321We think TGGI is a huge opportunity and disagree with OTC advisor George Sharp, who calls it a massive pump and dump with no revenues and operations.While TGGI is indeed a shell, the reverse merger will turn it into something huge.

OTC STOCKS #4 UAMM

UA Multimedia, Inc has been on the rise, gaining almost 170% since last week. The $15+ million Pink Current stock is now trading at $0.055, the highest since August and inches away from the highest since April. We first paid attention to this crypto and blockchain play in March, well before the OTC stock hit the YTD peak the following month.The latest price increase came after UAMM announced the upcoming launch of its Decentralized Exchange (DEX). For those unfamiliar, a DEX is a non-custodial cryptocurrency exchange that enables users to trade various tokens directly without going through intermediaries like in the case of centralized exchanges (CEX), such as Coinbase or Binance.UAMM’s DEX is similar to Uniswap, as it relies on blockchain-based smart contracts.Initially, UAMM’s DEX will list over 100 cryptocurrencies. It will work with a wide range of wallets and interface to major exchanges such as Binance, Huobi, OKEx to provide liquidity.The development of the decentralized exchange is in its final phase. The company expects to launch a beta version around the middle of this month.https://twitter.com/UAMultimedia/status/1468285422954422272UAMM is also working on the launch of a DEX native coin. It will be launched and listed on at least one exchange this month, with more to follow in Q1 2022.Additional details of the exchange, development of the NFT marketplace, and other crypto-related initiatives will be forthcoming.UAMM interim CEO Michael Lajtay said:“Cryptocurrency is a multi-trillion dollars market with DeFi activities surging steadily on a regular basis. We are excited to expand our presence in this space by introducing a decentralized exchange that will offer simple and seamless trading experience for cryptocurrency traders worldwide.”Recently, DEX aggregator 1inch secured $175 million during a private token sale with institutional investors, which suggests that DEXes are expanding their market share.Meanwhile, UAMM is also working on its own centralized exchange and has been exploring the metaverse trend.https://twitter.com/UAMultimedia/status/1467885500748877824We have high expectations of UAMM and believe it’s only the beginning of the journey for this 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 a penny stock is in the middle of a bull run, we recommend our subscribers to book profits.It’s very important to eye the best 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 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.