Following were the most active stock buzzers in the previous session. Keep an eye on these stocks this week as we could see continued momentum.
Generation Hemp (OTCMKTS:GENH) is a pure-play hemp stock operating in the midstream sector of the industry. While most of the stocks below have cannabis components that add risk, this stock could be the best way to capitalize on the booming hemp market.
Generation Hemp (OTCMKTS:GENH) uses hemp hurd, the byproduct of hemp processing, as animal bedding, under its Rowdy Rooster brand. Studies have proven hemp hurd bedding as one of the most absorbent, non-acidic materials, with low dust. It inhibits the growth of bacteria and mold that animals may breathe in from those dusty competitors.
Hemp hurd also absorbs 235% of its weight which is far better than the closest competition (55%). That’s why GENH’s hurd is now being used to help keep garages clean through a partnership with well-known brand Gas Monkey, Generation Hemp will manufacture a spill absorbent, sourced from hemp hurd.
Generation Hemp Inc. (OTCMKTS:GENH) is also in the crypto mining business, showing just how versatile hemp can be. GENH has partnered with Massachusetts-based Cryptech Solutions, the largest volume reseller of ASICS in North America, to build ‘green energy’ plants and Bitcoin mining farms that utilize hemp as the primary power source. GENH announced the first bitcoin mining facility through a Joint Venture ‘JV’ to be installed at Generation Hemp’s 48,000 sq. foot facility in Hopkinsville, Kentucky, which also houses a hemp drying operation through its wholly-owned subsidiary GENH Halcyon Acquisition.
This plant will be able to generate 2 megawatts (‘MW’) which would allow for up to 576 mining units. Assuming 100 TH/s per unit, GENH and Crypt Solutions would be able to generate $3.65 Million in Bitcoin revenues in 1 year of operations, assuming the price of Bitcoin doesn’t drop beyond its current low.
Cybernetic Technologies Ltd (OTCMKTS:HPIL) stock was one of the active stock buzzer in the previous session as the stock moved up 11.11% to $0.0010 with over 54.33 million shares traded hands, compared to its average volume of 100.85 million shares.
The Company announced that on April 22, 2022, HPIL filed a complaint in the United States District Court Eastern District of New York, Case Number 2:22-cv-02287 against Power Up Lending Group Ltd, Asher Enterprises Inc, Geneva Roth Remark Holdings Inc, Hope Capital Inc, KBM Worldwide Inc, Redstart Holdings Corp, Sixth Street Lending LLC, Vis Vires Group Inc, Curt Kramer and Seth Kramer for multiple alleged violations of Federal Securities and RICO Laws.
Mitesco Inc. (OTCMKTS:MITI) stock continued to trend in a range on Friday. On Friday, the stock ended up by 10.40% to $0.18 with more than 158K shares traded hands, compared to its average volume of 301K shares.
Mitesco, Inc. operates medical clinics under the The Good Clinic name in North East Minneapolis, the United States. It offers wellness coaching, behavioral health care, episodic care, dermatologic services, and supplements. The company was formerly known as True Nature Holding, Inc. and changed its name to Mitesco, Inc. in April 2020. Mitesco, Inc. is based in Saint Louis Park, Minnesota.
APT Systems Inc. (OTCMKTS:APTY) stock was one of the notable movers in the previous trading session as the stock went up 3% to $0.0138 with over 10.71 million shares traded hands, compared to its average volume of 13.82 million shares.
APT Systems, Inc. operates as a fintech company which creates stock trading platforms and visualization solutions for the financial markets for delivery on handheld devices. The company was incorporated in 2010 and is based in San Francisco, California.
QuoteMedia Inc. (OTCMKTS:QMCI) stock was one of the notable volume buzzers in the previous trading session as the stock gained 9.22% to $0.2785 with over 120K shares traded hands, compared to its average volume of 41K shares.
Quotemedia, Inc. provides financial data, market research information, analytics, news feeds, and financial software solutions to online brokerages, banks, clearing firms, financial service companies, media portals, and public corporations worldwide. It collects, aggregates, and delivers delayed and real-time financial data content through the Internet.
Epazz Inc. (OTCMKTS:EPAZ) stock was one of the notable volume buzzers in the previous trading session as the stock ended lower by 8.10% to $0.0084 with over 1.31 million shares traded hands, compared to its average volume of 4.4 million shares.
Recently, the company announced that it would add more funding to further develop the CryObo Technology and the DeskFlex Metaverse projects. Epazz DeskFlex room booking software reported revenues of $1.9 million for 2021 compared to $1.4 million in 2020. It also reported a positive EBITDA of $102,000, compared to an EBITDA of $8,083 for 2021, an increase of 1,168% due to a surge in demand during the pandemic.