The OTC bear market hasn’t gone away; however, this too shall pass. We’ve been here before and will be here again no matter what happens. Markets go in cycles and OTC stocks aren’t immune. Matter of fact, the OTC probably sees more bull and bear markets in a year than any other market.
OTC investors are failing to realize that there are still plenty of opportunities on the OTC Markets. Continuing to buy the dips in losers is not a winning strategy. We tell our subscribers to focus on what’s working and ignore the noise. Don’t get caught up in the diamond hands/paper hands BS. We talk about all of this in the video below.
In this article, we look at 4 OTC stocks making waves, including Cyberlux Corporation (OTCPK: CYBL), DarkPulse, Inc (OTCPK: DPLS), Good Gaming, Inc (OTCQB: GMER), and Life Clips, Inc (OTCPK: LCLP).
OTC STOCKS #1 CYBL
We reported on Cyberlux Corporation only last week, but the Pink Current stock continues to show some great performance, and we expect the bullishness to expand further. The share price has doubled over the month to trade at $0.022. It peaked on Wednesday near $0.025, which is the highest since January. As we mentioned in our previous post, CYBL exploded in 2021, hitting six pennies last September, which remains the highest level in over a decade. We reported on CYBL in July 2021, when it was hovering above one penny, giving our subscribers the opportunity to secure returns of up to 500%.
CYBL used to design, develop, and market advanced lighting systems that utilize white, infrared (IR), and other light-emitting diodes (LEDs) as illumination elements. It has developed product applications of solid-state LEDs that are up to 70% more energy-efficient and require significantly less maintenance cost to operate than traditional lighting systems. These properties have been giving CYBL an edge over competitors.
While it maintains the current business, CYBL has completed several acquisitions, diversifying its business to market itself as an advanced digital technology platform company leading the digital transformation evolution across industries with breakthrough Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS) solutions, advanced unmanned aircraft solutions (UAS), cutting-edge lighting solutions, and renewable energy and infrastructure technology solutions. It also updated its website, which is now looking great.
Recently, CYBL, which has grown into a $130 million business, reported record financials, with over $8.1 million in revenue and almost $2 million in net income in 2021. Cyberlux management expects the quarterly revenue growth to continue during 2022 and going forward.
In its latest report released on April 22, CYBL said that it had exceeded its quarterly revenue plan of $4.5 million by almost 40%, delivering $6.25 million in revenue for the three months through March. It drove a 14% increase in q/q revenue over the record revenue recorded in Q4 2021. In March, monthly revenue exceeded the $2 million mark for the first time ever as it saw the eighth consecutive month of sustained revenue growth. CYBL management expects the quarterly revenue growth performance to continue and accelerate this year and beyond, as the company drives all four of its business units to achieve its 2022 revenue outlook of $44.8 million.
Cyberlux CEO Mark Schmidt stated:
“Over the last eight months, our revenue has grown cumulatively to over $14 million, defining the trajectory for our 2022 performance as we drive Cyberlux to be the multi-billion-dollar company we expect it to be in the future. Across the markets we now serve, we are seeing new partnerships, new customers, and ever-expanding global opportunities, specifically within our Digital Platform Solutions (DPS) unit under GM Igor Stanisavljev and our Unmanned Aircraft Solutions (UAS) unit under GM Larson Isely.”
Business update: We have finalized our Q1 2022 results, our best Q ever! Here are the highlights with more details coming!
– Q1 2022 Revenue of $6.2M, the best Q ever, up 14% from Q4!
– Q1 2022 Revenue beats Q1 Plan by 39%!
– Month to Month up 4% setting the stage for next 3 Qs! pic.twitter.com/OS69rFvAp4
— Official Account of Cyberlux Corporation – CYBL (@CyberluxC) April 21, 2022
The first quarter was indeed remarkable for CYBL, and we think this company has great potential to expand further, which makes it a solid stock to own in your OTC portfolio. The company has recently finalized the legal paperwork for the cancellation, removal, and return to Treasury of the 700 million ghost shares. Two pennies is a discount price for CYBL at this stage.
OTC STOCKS #2 DPLS
DarkPulse, Inc is another solid OTC stock for your portfolio. After losing momentum from the March peak near $0.09 and finding support near 4 pennies, DPLS is now trading close to $0.05 after gaining almost 10% on Friday alone. We discovered DPLS in June last year when it was trading at a similar level. It hit 20 cents the following month, which remains the highest level in years.
The $240 million company develops and markets a suite of engineering, installation, and security management solutions to industries and governments. It develops patented BOTDA dark-pulse sensor technology that allows a data stream of critical metrics for assessing the health and security of their infrastructure. It offers two security platforms, Fiber and Ultra-High Sensitivity Sensors. The company intends to deliver security and monitoring systems in applications for border security, pipelines, the oil and gas industry, and mine safety.
Recently, more investors found out about this ticker due to more intense media coverage and increased activity on social media, which can be an important factor triggering a potential rally to reach the fair value representing the stock. Last week, DPLS was covered by Daily Mail UK. The article reported that the company had pitched its sophisticated fiber-optic ‘smart wall’ cables to the US Department of Homeland Security. DPLS proposes a solution to policing miles of remote and unprotected US borders in states like Arizona. CEO Dennis O’Leary was cited as saying:
“You need a barrier, because you can’t have boots on the ground everywhere. Any schmuck with a shovel can dig underneath a wall.”
DarkPulse’s technology works by sending pulses of light down glass tubes, and gleaning information back to build up an x-ray picture of the area.
The solution was also covered by FOX News, which is watched by millions of people in the US.
— Dennis M O'Leary (@DennisMOLeary) April 17, 2022
Also, last week, Investopedia listed DPLS in an article titled “top tech penny stocks for Q2 2022.”
The company, which opens a new office in Houston on April 29, said on Friday that it was deploying the first intelligent bridge.
Honcut project moving along nicely. $DPLS is deploying the world’s first intelligent #bridge. 24/7 real – time structural health monitoring eliminates catastrophic failure of #infrastructure @NTSB @USDOL @FoxNews @CNN pic.twitter.com/8OXXUEIYgL
— DarkPulse Inc. (@DarkPulseTech) April 22, 2022
DPLS’ patented technologies are giving it an edge over competitors, making this OTC stock one to own.
OTC STOCKS #3 GMER
Good Gaming, Inc is an OTCQB member that is trying hard to go back to its recent fame. After bottoming out at the end of February below four pennies, the stock is now trading near $0.06, following a 16% rise over the week.
We first reported on GMER in May last year, when the stock was trading new two pennies following a 400% weekly gain amid the non-fungible token (NFT) hype, as the company was launching a blockchain game called MicroBuddies. Eventually, the stock peaked in July at over $0.70, enabling our subscribers and readers to secure returns of over 3,400% in only a few weeks, which demonstrates the value of subscribing with us.
The gaming company has lost momentum since then, but it may get back even stronger. On Monday, it announced record revenues for 2021, securing over $2 million in positive working capital and a strengthened balance sheet with the removal of almost $3 million of outstanding debt, eliminating all outstanding debt going into 2022. For the year ending December 31, 2021, GMER recorded revenues of $374,881 versus $26,215 in 2020, representing a 1,300% increase. The increase in revenues was attributed to the sales of Nano Factory Tokens for the company’s first-to-market NFT game, MicroBuddies, which launched successfully in December 2021.
#news #OTC $gmer Good #Gaming Record Revs Elimination of All
Removed $16M Derivative Liabilities From its
Consolidated Balance Sheet. Entered 2022 w/ positive working capital $2.1M
Launched #MicroBuddies™ that combines #Eth #ERC721 #NFTshttps://t.co/ohU5SPoilT
— HAPPYMAMMA 😊🎗🇺🇸 (@FitnessMamma) April 18, 2022
CEO David B. Dorwart stated:
“2021 marked a banner year for our company as we successfully launched our first-to-market NFT game MicroBuddies, while significantly strengthening our consolidated balance sheets going into 2022. By entering 2022 with zero debt and positive working capital, we have the ability to implement several gaming strategies and upgrades, fund our operations, and bring on the type of talent this particular industry requires. We look forward to a bright future in the NFT gaming space.”
GMER is not ready to give up despite the pressure from bears. On Wednesday, the company announced the next evolution of MicroBuddies with the launch of a new digital collectible PFP project called The Genesis Collections. David Dorwart said:
“We are thrilled to announce the launch of The Genesis Collections and our entrance into the digital collectible space, the most popular category in the booming NFT market. We believe this next evolution of MicroBuddies™ will enable us to truly deliver on our vision of demonstrating the power tokenized ownership can bring to the player. Unlike MicroBuddies™, The Genesis Collections are being built on Ethereum, which will allow us to reach the much larger, mainstream NFT community with a familiar entry point providing familiar onboarding and the potential for mass adoption.”
GMER is a discount entry opportunity at these levels.
OTC STOCKS #4 LCLP
At the end of last year, we discussed Life Clips, Inc as a bounce play, but the Pink Current stock might have found its bottom only recently when it broke above $0.004 last week to touch the lowest level since July last year. The crypto play more than doubled since then and got back to the penny mark where it used to trade in February-March.
LCLP rallied in July-August, well before we first mentioned it in April. It surged from $.0022 to a high at over 7 cents, but it has corrected since then. Despite the bearish mood, LCLP seems to finally be ready for a U-turn.
While the company operates an AI-powered mental health analytics platform called Cognitive Apps Software Solution, LCLP entered the crypto space last year thanks to the acquisition of Belfrics Holdings Limited and its related entities operating cryptocurrency exchanges and blockchain development services in Asia and Africa.
Belfrics operates a digital exchange platform, which was fully developed in-house and is supported by the proprietary technology of Belrium Blockchain KYC solution. With 10 operational offices in 8 countries, Belfrics provides localized and personalized support to digital currency traders. Belfrics provides continuous training to traders, developers, and blockchain enthusiasts in more than 20 countries through its Blockchain Academy. Belfrics is licensed and regulated by the Labuan Financial Services Authority (LFSA) in Malaysia.
So why is this the perfect timing for a rebound?
On Monday, LCLP said that it had eliminated all of its nearly $4 million in outstanding convertible debt by paying the outstanding amounts in Belrium (BEL). The net effect of the transactions reduces the fully diluted share count of the company by about 400 million shares or more than 22% of its current issued and outstanding. LCLP CEO Robert Grinberg, CEO said:
“The restructuring of all of our outstanding debt owed to convertible debt holders is the first major step in executing on the next phase of our business plan. Not only does this eliminate debt and reduce potential dilution, it shows that investors have confidence in BEL. By eliminating our convertible debt, we are also able to reduce the shares outstanding by freeing up the underlying shares it was convertible into. We have strengthened our financial position and are better positioned to secure new capital that will enable the expansion of our company over the next 12 months. This is a critical step for advancing our company going forward.”
Meanwhile, Belfrics Group launched on Thursday an NFT exchange platform called BelNFT. This launch is part of a larger business strategy of Belfrics Group, which recently announced an expansion of its blockchain and crypto operations in India. The BelNFT platform will help users tokenize their real-world assets and provide a market to buy, sell, or trade the NFTs in a safe and secured manner.
Praveen Kumar, founder and CEO of Belfrics Group, said:
“The launch of BelNFT enables us to diversify our services and offer a larger pool of investment options for our customers. The NFT universe has exploded in the last year and is poised to grow by $147.24 billion by 2026, which is a compound annual growth rate of 35%. Having said that, our initial focus would be to ensure a seamless verification process of the NFTs listed on our platform. Hence, we have created a unique process to validate every NFT trade on BelNFT so our customers could buy authentic assets at the right price.”
BelNFT will tokenize NFTs like collectibles, artworks, music, gaming, virtual assets, memes, domain names, merchandise, and other investable assets.
Belfrics Group also entered the European Union by obtaining an operational license in Poland.
With all convertible debt paid, a new NFT platform, and a new license in the EU, LCLP is now ready to reverse the multi-month bearishness and run.
$LCLP 120% so far due to latest and the greatest news: Pays off all debts and reduced share structure by 22%. It's fk 22% share reduction which means it can easily cross all time high price at any time now. Let's go ! pic.twitter.com/Ib6pv0fAh7
— TT investing (@tuquoctrung1) April 18, 2022
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, 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.