Over the past few days, a number of penny stocks have come into existence for one reason or another other and it could be a good idea for investors to take a look into some of those. This article is going to provide you with a closer look into four penny stocks that may be worth tracking at this point in time.
eWorld Companies Inc (OTC:EWRC) – The company is best known for its ownership of Angelini Trading Company, the specialized wine distributor and also for being global cutting-edge tech innovator. On July 10, eWorld Companies Inc announced that it was going to embark on an initiative that would involve the development of a platform using artificial intelligence for serving the entire wine industry ecosystem, starting from vineyard to customer.
It was further noted that the company was in the final stages of negotiations with a leading artificial intelligence development and research firm with regard to the platform. It will mark the entry of eWorld Companies into the highly competitive world of artificial intelligence-powered marketplaces. The Chief Executive Officer of the company MiroslavGorny spoke about the latest development as well. He noted that due to the company’s expertise in the field of tech innovations and wine, it was only natural for eWorld Companies to expand virtually for the purpose of unlocking more value.
Green Cures & Botanical Distribution Inc (OTC: GRCU) – Earlier this week the company announced that its management had made plans to host a ‘Town Hall’ meeting with its investors and shareholders. The event would take place on August 4, 2023, at 10 am at the Mariot Marquis Hotel at Times Square in New York. Those who wish to attend could do so either in person or through teleconference. The specific details of the meeting would be provided by Green Cures & Botanical Distribution Inc in due time.
Mr Tanko, the Chief Executive Officer expressed that he was pleased for getting the opportunity to share the aims and objectives of the company with investors and shareholders. The company operates in the form of a holding company and is involved in the health and wellness sector. Additionally, it is also involved in providing ancillary services and products meant for the mental wellness segment as well as for optical vision medical care.
Echo Defense Projects Inc (OTC: ECDP) – The company is a worldwide leader in providing advanced security and threat detection technology to its clients. On July 10 Echo Defense Projects Inc announced that it had been invited to showcase its path-breaking Hybrid Radio Infrared/Laser Frequency (HRILF) technology at one of Mexico’s more important airports, the Toluca International Airport.
The invitation had been accorded to the company by the Chief Executive Officer of the Toluca International Airport, Mr Delgado Ortega. The airport is committed to enhancing its security structures and also to providing a comfortable experience to passengers. The airport is well known for providing a major gateway for both leisure and business travelers in the country.
Propellus Inc (OTC: PRPS) – The Oklahoma corporation is an alternative financial company, which is involved in providing small businesses with their cash flow needs on July 3 it announced its financial results for the fiscal year that had ended on March 31, 2023.
The company announced that it had generated gross profits to the tune of $1,408,915 and that represented a year-on-year rise of 18.2%. Additionally, the gross profits went down drastically by 51.5% to $2,082,492 on a year-on-year basis. The loss per share was reduced to $0.05 from $0.25 in the previous fiscal year.
