OTC stocks
Momentum & Growth

4 OTC Stocks to Watch: CRSM KYNC PBYA RSHN

The US economy is recovering rapidly, but concerns over the Delta variant are putting pressure on the rebound. Recently, Goldman Sachs cut its outl…

The US economy is recovering rapidly, but concerns over the Delta variant are putting pressure on the rebound. Recently, Goldman Sachs cut its outlook for the US economy for 2022, as the services sector’s recovery loses steam. The bank anticipates the US economy to return to trend-like expansion in H2 2022. It also cut its forecast for GDP growth in the final two quarters of this year by one percentage point to 8.5% and 5%, respectively.

The bank said in a report:

“Until a couple of months ago, our GDP growth forecast had been distinguished for the prior year by being well above consensus expectations. At this point, our forecast is instead distinguished from consensus expectations by the sharpness of the deceleration that we expect over the next year and a half.”

The main reason is the spread of the Delta variant, which may lead to updated restrictions, although analysts don’t expect full lockdowns.

Despite everything, the US consumer confidence surprisingly improved for the sixth month in a row in July to a new pandemic high as US citizens became more optimistic about current business and labor market conditions. The Conference Board’s index increased to 129.1 from 128.9 reading in June. Analysts expected a decline to 123.9.

Meanwhile, all eyes are on the Federal Reserve, which is updating its monetary policy on Wednesday.

Despite inflation fears, the economy is doing great, and the stock market indexes are fluctuating near their all-time highs.

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 always alert our subscribers first before we publish for our regular readers. This is the value of having a subscription to Insider Financial, which you can sign up for here. We alert our subscribers with our best ideas before our regular readers.

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.

Today, we’ll look at 4 trending OTC stocks that will greatly reward patient investors. They are Smartt Inc (OTCPK: CRSM), KYN Capital Group, Inc (OTCPK: KYNC), ProBility Media Corp (OTCPK: PBYA), and RushNet, Inc (OTCPK: RSHN).

OTC stocks to watch CRSM daily chart

OTC stocks to watch CRSM

OTC stocks to watch KYNC daily chart

OTC stocks to watch KYNC

OTC stocks to watch PBYA daily chart

OTC stocks to watch PBYA

OTC stocks to watch RSHN daily chart

OTC stocks to watch RSHN

OTC Stocks to Watch #1 CRSM

Smartt Inc, formerly known as Carsmartt, Inc, has been making waves since mid-July, gaining over 340% since the end of last month. Interestingly, the share price of CRSM has consistently traded near the one-cent resistance for more than a year, and it broke above $0.04 only recently, hitting the highest level since July 2019. Is the current bullish move sustainable? It’s difficult to know at this point.

Smartt is promoting itself as a holding company with subsidiaries in areas like technology, real estate, and construction in the US and Europe.

The company was founded in 2007 as a startup to build a mobile app for ride sharing in Palo Alto CA (Silicon Valley). The app seems to be the flagship product to this day. Its rating on Google and Apple stores is 4 out of 5, with some users mentioning that the service is cheaper than Uber and Lyft. On a side note, in 2019, CRSM hired two executives that previously worked for Uber and Lyft.

CRSM has expanded since and became a holding company. Still, while it’s been Pink current since January, the company goes with the Shell Risk badge on OTC Markets, meaning that it doesn’t have meaningful operations.

The share price started to surge as the company announced a new business direction and “multi-million dollar acquisitions.” At the end of June, CRSM acquired 100% of Black Brick Construction, Inc. – a construction company with over $100,000 cash positive and 3 new projects with contract signed.

What we like about CRSM is that its director is Diego Visconti, an experienced executive who is also the international chairman at Accenture.

On July 19, CRSM said that it was canceling the outstanding Form D through which it sought to raise $1 million. The company also said that no reverse split was planned.

“We are excited to reveal with our Shareholders the new direction of the company, and we are ready to bring exponential shareholder value. Our commitment is to our shareholders, and we are confident that we won’t let you down as we embark on this new exciting chapter,” the company said.

It seems that CRSM is restarting its business, which will benefit early investors. However, there are some risks to know about. First of all, it’s hard to understand how CRSM can expand via major acquisitions if it doesn’t much cash as per its filing with the SEC. Investors should be aware that there is some risk that CRSM is conducting a pump and dump move. The chart shows that such moves happened at least twice during the last few years.

On the other side, some actions taken by CRSM suggest a new business direction indeed. If this is true, investors should wait for the next acquisition and enter the market when the price breaks above 10 cents and eventually consolidates there.

OTC Stocks to Watch #2 KYNC

KYN Capital Group, Inc. is attempting another bullish move after some dormant weeks during which the share price corrected from the year-to-date peak hit at the end of June at $0.02. Currently, KYNC is trading at $0.014, up over 100% during the last 5 days.

KYNC is a small company that has recently become Pink current and is in the process of expanding its new business after a major restructuring. It has repositioned itself to be a holding company for acquisitions and technology development in the entertainment, professional sports, blockchain, cryptocurrency, and NFT (non-fungible token) markets. KYNC’s goal is to combine the expertise of its team members to build a cohesive force, which will carry the company forward in the marketplace.

Previously known as New Taohuayuan Culture Tourism Co, KYNC dismissed its business related to capital finance leasing services for cars and trucks, construction equipment and tools, and earth moving equipment. What we like about KYNC is that it focuses on some fast-growing industries with great potential in the future, which are cryptos, NFTs, and blockchain.

At the beginning of June, the company launched Koinfold™, a future-forward crypto app suite. It lets you trade cryptocurrencies at low fees directly from your smartphone. It has all the tools to buy, sell, or store cryptocurrency securely. At the same time, it also launched Koinfoldpay, a contactless crypto payment gateway for businesses, which allows them to receive Bitcoin, Ethereum, Bitcoin Cash, and Litecoin for online payments. Crypto payments may become the next big thing, especially with the adoption of stablecoins. Several days after the launch, KYNC presented its Koinfold Debit Card, which will be directly linked to the user’s Koinfold account.

KYNC is also working on the Koinfold crypto exchange, which it says will be massive.

It seems that KYNC’s products already have some real-world use cases only a few months after adopting the new business direction. Earlier this month, KYNC announced that the National Homeowners Association, doing business as BW Property Management Group, planned to issue the KoinFold Debit Card to all employees and subcontractors for the management of payroll and direct deposits. This decision was made as part of an ongoing partnership with KYN Capital Group.

Meanwhile, Kaleo Ministries of Orlando picked Koinfold debit card as part of an effort to transition homeless tenants back into the workforce.

KYNC said that many new partners would be announced soon, including working with city and government officials.

We’re impressed by how fast KYNC is growing and developing its products. KYNC is tapping into a huge market and this is a great time to buy the OTC stock at an early stage. We alerted our subscribers about KYNC at the end of May, before the OTC stock’s YTD high, but you’re still not late.

OTC Stocks to Watch #3 PBYA

ProBility Media Corp is a small company seeking to become Pink Current, which might provide some great opportunities for investors. The share price has recently increased to $0.0133, which is the highest level year-to-date and the highest since 2018. We introduced our subscribers to PBYA at the beginning of July, when the OTC stock was trading below $0.005.

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.

Founded 10 years ago, it became an alternative reporting company two years ago, after a series of unfortunate events that prevented it from completing an audit required to raise $10 million.

Today, PBYA is working to become Pink current with its filing obligations pursuant to Securities Exchange Act Rule 15c-211 and OTC Markets Group, Inc Reporting Guidelines before the end of September.

The company has become more active, seeking to expand its businesses and cease to rely on third-party vendors while developing its own self-published online and classroom-based training products.

At the end of June, PBYA’s subsidiary North American Crane Bureau Group (NACB), launched new training programs for Tesla, Marathon, and BAE Systems. NACB’s programs consist of onsite training for crane operators, inspectors, rigging personnel and signal personnel, and lift equipment trainers within these organizations. On July 26, NACB secured a contract with Ford Motor Co. (NYSE: F) for its Livonia Michigan plant. The programs will include overhead crane operator training, overhead crane inspector training and overhead hoist maintenance training. NACB plans to conduct the training programs over the next few months. The Ford plant in Livonia, Michigan produces a variety of transmission and service components for the company.

Meanwhile, One Exam Prep, another subsidiary of PBYA, has reportedly quickly become one of the largest test prep companies in Florida. After switching to an online-only format, One Exam has expanded its classes into more than 15 other states.

Also, its third subsidiary, Disco Learning Media Inc (Disco), has confirmed the continuation of existing contracts with Itron, Inc. (NASDAQ: ITRI), State of Texas, and the University of Texas on various projects.

Earlier this month, PBYA released its annual report, saying that it had successfully reited over $8.1 million in debt since its last public filing in 2018, reducing debt by more than 56%. For fiscal year ending May 31, 2020, management successfully turned an operating profit of $321,549 compared to an accumulated loss of over $12.9 million through April of 2018 and $6.5 million in the three months between February and April 2018.

We believe that OTC stocks seeking to become Pink Current have some great potential, and PBYA has some real products and services with increasing demand.

OTC Stocks to Watch #4 RSHN

RushNet, Inc is an OTC company restructuring its business, and it’s another OTC stock with long-term growth potential. RSHN is currently trading at one cent, up 113% during the last five days. The price peaked at over $0.017 in mid-June, but it can easily break above that level soon.

We first told our subscribers about RSHN on June 8 when the stock dipped to $.0043 before it ran to $.024 and which you can read here.

In the past, RSHN distributed beverage products in the US and Canada. Nevertheless, after a recent major overhaul, the company turned to biotech solutions as a result of a reverse merger. Specifically, RushNet was acquired by Chattahoochee Labs, which has rebranded into heliosDX. The resulting company holds the RushNet name and the RSHN ticker on the OTC markets. It became Pink current at the end of June.

heliosDX offers laboratory testing solutions, including high-complexity urine drug testing (UDT), behavioral drug testing, allergy droplet cards, oral fluids, infectious disease (PCR), and NGS genetic testing. The company has experienced profit and rapid growth every year and is currently expecting over $6 million in revenue in 2021, which is good news for RSHN holders.

heliosDX plans to buy a privately held laboratory with massive revenues to be part of RSHN. The new laboratory would triple the company’s revenues and quadruple its throughput.

On July 6, RSHN provided an update on its roadmap, saying that it had managed to file disclosures and financials, become Pink Current, update the website and hire talent. Currently, the company is working on the heliosDX spinoff and the launching of a national sales campaign.

Upon the spinoff of heliosDX, RSHN shareholders would have access and receive one share of heliosDX per 1,000 shares of RushNet owned upon close on the ex-dividend date. RSHN shareholders would have access to buy 11 shares of heliosDX per 1,000 shares of Rushnet, Inc at a discount to market upon the close on the ex-dividend date. The dividend is yet to be determined.

RSHN will also acquire Grandeza Healthcare in the near term, which is the sister company of heliosDX. Grandeza, a billing and coding company in the healthcare sector, is expected to achieve more than $1.5 million in annual revenue and be profitable in year one of operations.

Investors are excited as RSHN announced on July 26 that it was released a 6 Part interview series to be conducted by FMW Media’s New to The Street/ Newsmax. Several major media outlets will broadcast the interview, including Fox Business, Bloomberg Network, Newsmax, KRON, RNN, and potentially others. The reach of these networks is in excess of over 300 million homes. Meanwhile, FMW Media Works, Inc. together with its New to The Street TV show announced its contract with RushNet in the production, broadcasting, and distribution of commercials and digital billboards.

Thanks to the reverse merger, RSHN is now turning into something big. We really believe that RSHN is one of the best OTC stocks with long-term potential, especially when the health sector becomes even more relevant amid the pandemic.

THE FINAL NOTE

Today is a great opportunity to benefit from the stock market’s bullishness and invest in OTC stocks with great potential during a reviving economy. Our job is to identify the best OTC stock alerts with strong fundamentals and let our subscribers pick the ones they like to build a well-diversified portfolio oriented at penny stocks.

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 to Watch: CRSM KYNC PBYA RSHN
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