Welcome back to the channel everyone, so I have three penny stocks for you today which have big
news with potential to drive the share prices to the moon. One of this penny stocks, a triple
zero play, sees an 800% revenue growth in 2022 which is insane. And if you watch till the end,
I have a big hit which is elbowing itself into the Donald Trump Media agenda.
So you definitely don’t want to ignore it, as that journey has only just begun.
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The first penny stock banger on the list today is Gentech Holdings Inc (OTC: GTEH) first called on
the channel at double zero 1 in June and it has since dropped by just over 10% and now sitting at
triple zero 9 with a market cap of $24m. Genteh is up 12.5% over the last 5 days but when you look at
it from a ytd perspective you begin to see that it is beginning to kick off heading towards its
previous highs of 1 cent per share which is a 10x upside potential from current levels. So could the
market now be paying attention to Gentech on the back of its latest acquisitions and recent update?
GenTech Provided Year-to-Date Performance Update: indicating 2021 Revenues were on Pace for $1.3M,
with 2022 Showing Potential for 800% Growth.
Their Provisional topline revenue numbers for the nine months to September 30 showed
Gross Revenues at $745k. And American Metabolix, Inc., a recent acquisition, accounted for $108k
in its first full month of operations. And for the rest of 2021, the management see full-year
revenues at approximately $1.3 million based on the current revenue run rate.
David Lovatt, their CEO commented that, “At this time last year, they had consolidated year-to-date
sales of $181k. So to close out at the $1.3 million mark a year later would represent very
impressive growth. If they continue to extrapolate forward, with all of their acquisitions accounted
for, one can make a conservative case for over $2.6 million in 2022. However, they anticipate a
much more aggressive growth curve, based on recent performance, and they are now just beginning to
drive their most promising brands into much larger market opportunities.” So really exciting stuff.
GenTech also Announced a Share Buyback Initiative & Reduced Authorized Share Capital
listed as 33bn shares by 18% effective immediately. They expect this to signal
an end to significant further dilution as management lay out a plan to further reduce
the Authorized Share Capital in December 2021 and begin work on a share buyback initiative.
GenTech Holdings, Inc. Is also to Change Names to Supplement Group (USA) Inc.
as its Acquisition Strategy Shows Incredible Revenue Growth.
It’s a simple name change and nothing more as the ‘GTEH’ ticker runs strong through
the company and its shareholders, so we have opted to leave that intact.
Next up to our number 2 penny stock which is Spectrum Global Solutions Inc (OTC: SGSI)
which is new to the channel and sitting at 55cents per share with a market cap of $16.9m.
Spectrum is flat on the month but ytd it has made some big leaps
up a staggering 586% and is showing no signs of cooling down. SGSI is OTC QB Listed
with an average of 806.8k shares traded over a 30day period and over 35.7m shares outstanding.
Spectrum Global Solutions, Inc. (OTC: SGSI) is a global technology company
specializing in next-generation of services and solutions in Telecommunications.
Their vast array of services and solutions include global single source provision of communications
network infrastructure and other services and one of their standout services is around cybersecurity
as the number of cyberattacks on businesses have risen significantly in recent months.
Spectrum Announced the Closing of a Merger with High Wire Networks
and Spectrum will move forward to rebrand itself with the High Wire Networks name,
which they have successfully filed with the Security and Exchange Commission (SEC),
to HWN, Inc., and awaits a ticker symbol change, so please be informed.
High Wire Reported Record Revenue Gains in July for their Managed Cybersecurity Division. They
announced that their Overwatch Managed Security division reported a 22 percent increase in monthly
recurring revenue (MRR) and a 41 percent boost in total contract value (TCV) month over month.
They offer their managed services provider (MSP) partners a cost-effective way
to deliver end-to-end managed security services with a 24/7 security operations
center (SOC) and the experts to respond and mitigate to threats immediately.”
And Overwatch MSP partners signed a record number of business customers in July 2021,
up 2,700 percent year-over-year and up 229 percent year-to-date.
And it only gets better with this penny stock as High Wire
Won a Multimillion-Dollar Technology Solutions Contract for a Tier One Network Services Provider.
They announced that they will begin a next-generation fiber network deployment
across the country for a national communication services provider and the value of the contract
is estimated to be between $4.8 million to 7 million for the first year, with potential add-on
services to increase the value over the next three years, through the completion of the project.
High Wire also Hired Executive Vice President of Finance, Chris Sorensen to Accelerate their Uplist
to Nasdaq. Contract wins, en route to Nasdaq, it couldn’t get any better for this penny stock.
Next to our number 3 penny stock, which Bots Inc (OTC: BTZI) which is sitting at 10cents per share
with a market cap at $79m. Bots is down 16.8% in the last 5 days but in the month it is up 106%
having jumped on the back of the DWAC bull run as it falls in the category of Trump stocks.
It is slowly giving up those gains and heading back down towards 5 cents per share
as I don’t think it has bottomed out yet. Having said that I don’t think we have seen the end of
the Trump stocks and as more developments unfold on DWAC and Trump media, we should definitely
expect plenty of market activity in this space. So one for your watchlist as it could present plenty
of swing trading opportunities, if you get in at the right price. Bots is OTC pink yield listed
with an average of 9m shares traded over a 30day period and over 734m shares outstanding.
Bots is a diversified company developing and servicing blockchain solutions
and robotics for its clientele. The Company is committed to drive the
innovations needed to shape the future of digital robotic automation management
through digital technology and decentralized blockchain solutions.
BOTS, Inc. Opened President Trump Coin $Pres to Ownership on the Binance Smart Chain
and Trading on the Popular Decentralized Exchange, Pancakeswap
They announced that the Company invites all holders of $PRES – the world's first
commemorative presidential coin minted on a blockchain - to swap out their Omni protocol
based $PRES for Binance Smart Chain based coins that allow holders to trade PRES on Pancakeswap.
President Trump's declaration on Wednesday 27th October that he would start a "media powerhouse"
along with hints that he will run in 2024, brought renewed interest in $PRES. On Trump's flagship
operation known as Truth Social, a Twitter-like social network, his statement declared that
it would "stand up to the tyranny of Big Tech." Trump has managed to gain access to hundreds
of millions of dollars to launch a social media company through a SPAC bearing the symbol DWAC.
So some very very interesting and mindblowing prospects ahead for these penny stocks
but only consider getting in if the price is right for you and if you fully understand the
risks. This video is not financial advice, a buy or a sell recommendation, but is meant to
bring some new and exciting penny stocks to your attention for you to do your own research.. As
always I would love to hear from you, so please let me know your thoughts on these top penny
stocks in the comments section below and what other penny stocks are catching your eyes lately.
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