In recent days, a number of penny stocks have come onto the radars of investors for one reason or another. However, it is also necessary for investors to be a bit more selective and look into the bigger picture behind those stocks. Here is a look into four penny stocks that could be worth tracking at this point.
TSS Inc (OTC:TSSI) – The company is known as a top-notch provider of data center facilities and technology solutions. Yesterday, TSS Inc announced that it appointed its new Chief People Officer in the form of Janet Morrison and the appointment went into effect on July 10, 2023. The company noted that the appointment was an indication of its commitment to building a strong organizational culture that would lead to positive experiences for the employees.
DaryllDewan, the Chief Executive Officer of TSS, spoke about the appointment as well. He noted that everyone at the company was thrilled at the prospect of adding Morrison to the executive team. He went on to add that Morrison had demonstrated a proven track record of building world-class teams at some of the leading organizations and for bringing about a productive work culture. He also stated that the appointment was an important message to the TSS employees and customers.
Limitless X Holdings Inc (OTC:VYBE) – The company is best known as a direct response marketing entity that specializes in the development as well as marketing of health and beauty products. It does that through a number of online platforms. Yesterday Limitless X Holdings Inc announced that the emergence of its counterfeit products in the distribution channels had come as a detrimental effect to its business. The company announced yesterday that was going to go for robust steps so as to protect its brand partners and customers from such products.
The company also revealed that it was going to pursue legal action against those who had been selling its products illegally through popular online platforms like eBay, Walmart, and Amazon among others. The counterfeiters had been using the success enjoyed by the brand and the trademark to sell replica products that are unauthorized. The labeling is often replicated through unapproved packaging practices.
Clean Vision Corporation (OTC:CLNV) – The company announced yesterday that it had mutually agreed to a global settlement with Christopher Percy and Daniel Bates in relation to a lawsuit that had been filed by Clean Vision Corporation. The lawsuit had been filed last September in Clark County, Nevada at the Eighth Judicial District Court. As part of the mutually agreed resolution of the lawsuit, none of the parties admitted to either fault or liability.
All the parties agreed that everyone and in particular, the shareholders of Clean Vision, would be better served without going through the expenses and uncertainties that are brought on by litigation. The company thanks Percy for its long service to Clean Vision. Percy also stated that he hoped that the company could hit its goals.
High Wire Networks Inc (OTC: HWNI) – The globally managed cybersecurity and technology enablement company was in focus yesterday after it announced it had appointed John Peterson as its new Chief Product Officer. Peterson is a seasoned professional in the cybersecurity industry and an inventor. High Wire Networks Inc revealed that the appointment would go into effect on July 17, 2023.
In his role, Peterson would be responsible for the company’s Overwatch Cybersecurity product strategy and development. He boasts of more than three decades of experience in sales engineering, product development, and technological innovation. He had worked in these roles at some of the world’s biggest companies like Cisco Sytems and Eriksson among others.
