The OTC market is starting to heat up. We had an incredible week where our subscribers captured triple-digit gains trading OTC stocks. We are on the verge of seeing many 10x moves and opportunities. The next OTC bull market is in the first inning and just getting started.
In this article, we look at 4 hot OTC stocks, including Cruzani, Inc (OTCPK: CZNI), Plandai Biotechnology, Inc (OTCPK: PLPL), Digital Utilities Ventures, Inc (OTCPK: DUTV), and Brazil Minerals, Inc (OTCQB: BMIX).
OTC Stocks #1 CZNI
Cruzani, Inc has been one of the most active OTC stocks this month. It has managed to surge over 540% since the beginning of the month against the backdrop of a merger deal that is transforming the company entirely. CZNI rose from $0.0002 at the beginning of July to $0.0018, the highest since October 2021.
At the end of June, bowmo™, Inc., a New York-based HR-tech company announced the execution of a merger agreement with CZNI, which goes with the Pink Current designation.
Bowmo’s Board of Directors opted for the merger as the most secure way to fund the company’s growth by getting access to public equity markets.
Bowmo founder and CEO Edward Aizman stated:
“It has been an exciting journey, and we at bowmo™ truly believe that a new era for this company has come! Our final destination is to build a unicorn in the HR-Tech market, one of the fastest-growing and most capitalized in the US.”
President Michael E. Lakshin added that the next destination for the company was NASDAQ.
Bowmo is an HR-tech company whose vision is to complete its Vertically Integrated Business Model (VIBM) capable of providing services and added value to all segments of the HR-tech market in the US and worldwide.
The company’s main selling point is an AI-powered platform that can automate the end-to-end hiring process. The VIBM will be complemented by its Recruiting as a Service (RaaS), which enables clients to outsource the management of the recruiting process.
As for CZNI, it has a great share structure, with almost 80% of the authorized shares being maxed out.
Reverse mergers involving revenue-generating businesses have great potential for investors, and we believe CZNI is on its way to breaking above the penny mark soon.
$CZNI Right now we have what it takes. We have eyes, we have volume, we have an expert management team, we’re experiencing incredible gains but you know what’s crazy? We are JUST GETTING STARTED! Fins to be reported within days, PR and talk of NO R/S! Can you say parabolic? 🔥 pic.twitter.com/nl71QDzlYH
— 🍹Trip Zip🍹 (@John_W71) July 18, 2022
OTC Stocks #2 PLPL
Another OTC stock on the rise is Plandai Biotechnology, Inc, a Pink Current shell that has tripled in price since mid-June to trade at $0.0012. Last week, it hit the highest level since 2018 at $0.0021.
So far, PLPL has no operating business and acts as a shell. It is seeking a merger candidate that would create value for shareholders. Some suggested that a merger with Puriblood Medical Co., Ltd (traded in Taiwan) might be possible, especially after the two recently struck a deal. However, there is no indication supporting that.
Nevertheless, with more than 7 billion outstanding shares out of 11 billion authorized shares, PLPL is attractive for private looking to go public. The company is becoming more popular online, which always makes a difference during a rally.
$PLPL #2 on ihub today. pic.twitter.com/mSB8MdHeEc
— Stockiva (@Stockiva_) July 17, 2022
At the end of June, the US Securities and Exchange Commission (SEC) canceled civil penalties and interest totaling approximately $200,000 related to its 2018 action against PLPL and its former Chairman of the Board and CEO, Mr. Roger Duffield.
The current CEO Tad Mailander stated:
“I am pleased to report that the Commission has canceled the unpaid fine and interest imposed on the Company as a result of this action. For the past two years, the Company has worked diligently to resolve its legacy financial burdens in order to move forward for the benefit of its shareholders. The Commission’s decision to cancel the fine and interest completes the settlement of all known significant legacy debt against the Company, including the previously announced settlement and release of $6.9 million in outstanding notes payable to Berkshire Capital Management Co. and various third-party legacy lenders.”
The company is continuing its due diligence and discussions about the possible licensing deal with Puri Blood and other acquisition opportunities. In addition, the company is in the process of engaging a PCAOB audit firm to complete a two-year audit of the company as part of an effort to file a registration statement with the SEC.
The fact that PLPL is cutting its liabilities demonstrates that the company is preparing for something much bigger. PLPL should definitely be on your radar.
$PLPL this company has done a great job of cleaning up their financials. The have reduced their liabilities from $25 mil to $500k in 1 year. Someone has big plans for this company. I started a position just over 1 mil shares today. The Company announced today FDA approval today. pic.twitter.com/fg1CYQ1bIN
— Robert Springstead (@RobertSpringst4) July 16, 2022
OTC Stocks #3 DUTV
Digital Utilities Ventures, Inc is larger than the previous two companies, with a market cap of over $40 million. The Pink Current stock, which also goes with the Shell symbol on OTC Markets, has had a great month so far, increasing from less than $0.007 in mid-June to the current level at $0.0161.
DUTV is working to become a leader in the green solutions marketplace. It has identified strategic opportunities for acquisitions and joint ventures that will allow it to capitalize on existing and emerging opportunities in this industry. Consumers understand the significance of progressing from conventional assets to inexhaustible sources that produce no ozone harming greenhouse gas emissions from petroleum by-products and lessen air contaminants. Enhancing green solutions such as in energy supply and lessening reliance on imported fuels will assist with economic development by increasing occupations in manufacturing, assembling, and more.
This business direction was established several months ago with the appointment of a new CEO after the reverse merger with Easy Energy Systems, Inc, as we reported in March.
Last month, DUTV incorporated Easy Modular Manufacturing, Inc (EMMI) which was incorporated on May 24, 2022 in Minnesota. EMMI will be a wholly owned subsidiary of DUTV. The incorporation of EMMI fits into the company’s strategy to ramp up the mass assembly line manufacturing of all technologies under the corporate umbrella of DUTV.
DUTV CEO Mark Gaalswyk said:
“By incorporating EMMI Easy Modular Manufacturing, Inc., DUTV will begin manufacturing its modules, thus increasing our market presence. With an approximately Retail Cost of One Million Dollars for each of the Fertilizer modules, DUTV should be showing revenue within the next two quarters.”
Also, last month, DUTV became the majority shareholder in Feed Earth Now, LLC., a privately owned limited liability company. For the last 10 years, FEN has been developing a revolutionary, proprietary soil microbe formula (Terreplenish®) from food waste that absorbs plant-available nitrates through absorbing atmospheric N2 and other beneficial microbes that thrive in soils and assist with enhanced plant growth and disease control while releasing tied up legacy phosphorus already in the soil.
The Terreplenish® microbe formula, in essence, pulls 1/3 of the much-needed fertilizer for agricultural crops from the air versus requiring it to be manufactured in large factories utilizing CO2 emitting fossil fuels.
Investors are also excited about Easy Energy Finance’s (EFF) launch of a blockchain-based token. EEF, which is also run by Mark Gaalswyk and may become part of the DUTV family, is raising capital via the issuance of security tokens and holding equipment on its balance sheet to offer operating leases to plant operators.
The tranches of the sale of the Easy Energy Climate Token will vary from $1 million to $40 million.
Unlike most all other blockchain investments, the Easy Energy Climate Token is backed by an actual “Physical Asset” and reliable profit-sharing arrangements. Plant operators will pay modest lease rental charges and a negotiated share of profits.
A significant share of the plant’s profits will be paid to Easy Energy Climate Token holders for the system’s entire life. These recurring profits across many installed systems greatly increase the token holders’ return rate.
The first token will represent a profit share of an existing modular demonstration plant located at the Easy Energy facility in Emmetsburg, Iowa.
The CEO confirmed that the token would be available to accredited investors only.
Hi Team… As we draw near to the launch of the Easy Energy Climate #Token, I thought I would share a bit more. As it is a Reg D security, it will be available to accredited investors only. The price of each Token will be $100. The minimum investment level will be $5,000.
— Mark Gaalswyk (@MarkGaalswyk) July 13, 2022
Money from token sales will be used by EEF to purchase Modular Systems from both Easy Modular Manufacturing, Inc. a wholly owned division of DUTV and Easy Energy Systems, Inc. Systems will be leased to end-user customers.
DUTV is gaining traction and it is about to secure more revenues in the coming months, which will support the continuation of the bullish trend.
OTC Stocks #4 BMIX
Brazil Minerals, Inc is the only OTCQB member on our list. The last time we discussed it in late June, it was trading near the penny mark. At the time of writing, it trades at $0.0164 after surging to $0.0275 to hit the highest level since March 2021.
The $50+ million company operates a mineral exploration and mining business in Brazil. The company’s mineral rights portfolio for battery metals includes approximately 60,077 acres for lithium, 30,009 acres for rare earths, 22,050 acres for titanium, 14,507 acres for graphite, and 7,509 acres for nickel and cobalt. It also owns 100% interest in various mining concessions for gold, diamond, and industrial sand.
It also owns about half of Apollo Resources Corporation, a private company currently focused on developing an initial iron mine in the well-known Iron Quadrangle area of Brazil. BMIX owns about 25% of Jupiter Gold Corporation (OTCQB: JUPGF), a company focused on developing gold projects and a quartzite mine.
Investors have increased their stake in BMIX as it’s getting closer to NASDAQ.
Besides this, last week, BMIX announced that it had signed a contract containing an exclusive option to acquire a large (389 hectares, 961 acres) high-potential lithium mineral concession from local owners. This area is in the Bananal Valley in the municipality of Salinas and within the Araçuaí Hard Rock Lithium District in northeastern Minas Gerais, Brazil.
This mineral right contains a massive pegmatitic outcrop measuring approximately 30 meters (98 feet) in diameter and 8 meters (26 feet) in height, which is multiple times larger than the average size of regular outcropping pegmatites. BMIX intends to conduct the work needed to define targets for a first-pass drill testing campaign in this area.
The Company also has a second collection of seven lithium mineral rights in the Northeastern part of Brazil, comprising 16,266 acres (66 km2). In total, both lithium projects (Minas Gerais and Northeastern Brazil) comprise 62,925 acres (254 km2) of exploration claims.
Given the surge in the price of Lithium and other metals and commodities, we’re bullish on BMIX, especially as it uplists to NASDAQ.
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.