Welcome back everyone, we are seeing a lot of
turmoil in the markets right now and what seems to be a pending recession.
So in times like this, the choices in your portfolio need to be as robust as possible.
So in this video, I bring you two profitable OTC stocks which are seeing tremendous growth and have
ambitious plans ahead, regardless of whether there’s a recession or not. So make sure you
stick around to the end so you don’t miss out on why these two deserve a place on your watchlist.
But before we jump into it, I am super excited to share with you updates on the launch of my
first book on investing which is about how you can get unstoppable returns in a bear market.
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positive gains even when there is blood on the streets. Here I share with you 5 Secret Investing
Strategies To Beat The Market & Maximise Returns In A Recession. The book launch is planned for
October 1st to be released on Amazon so look out for more updates on that. I’m also looking to give
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the game with your investing, drop me an email at cornsinvesting@gmail.com with a subject FREE BOOK.
I’ve also partnered with the Wealth Research Group to bring you some of the best insights on hyper
growth stocks, with over 1000% potential through this FREE newsletter. I have deep respect for
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the top pinned comment or on the screen to grab your FREE copy of this report, which provides
you with hypergrowth stocks, which you need to be aware of right now. Again, that’s absolutely FREE!
That said please drop a quick like on the video and hit the bell, so we can get on with it with
our first stop, which is Solar Integrated Roofing Corp (OTC: SIRC) which we recently called here
again as recent as in June that it was deeply undervalued at 16cents per share, it has since
jumped by almost 4X hitting highs of 59cents per share before slowly giving up most of those gains
on the back of the broader market uncertainty and now at 24cent per share albeit still looking like
on a downward trajectory. So on a YTD perspective it is sitting down 30% but yet has given us a view
on how far they can go in stable market conditions but at the same time presenting decent entry
points for the patient investors to load up on the dip. Again only if you believe in their story.
But what is really interesting with SIRC is that, the company is delivering some stellar
performances regardless of what’s happening in the market. And so I believe that when there is real
calm in the markets, a possible re-rating could be on the table which could be explosive. So clearly
one not to snooze on yet. So here’s what’s new with SIRC which you need to be aware of.
SIRC Reported Record Second Quarter 2022 Financial Results for the period ended June 30.
The stated that:
Revenue in the second quarter increased by 746% to $66.3 million, as compared
$7.8 million in the second quarter of 2021. Net income in the second quarter of 2022
was $18.9 million, as compared to a loss of $(3.3) million, in the second quarter of 2021.
Awarded 5-year blanket purchase agreement with the U.S. General
Services Administration as part of the $5 billion in federal funds allocated to
EV charging installations in the Biden Administration's Infrastructure Bill.
David Massey their CEO added that "The second quarter of 2022 was marked by a strong cadence
of continued execution – highlighted not only by record revenue and profitability, but the
introduction of new partners and innovative financing products. “Their robust revenue growth
has the potential to be much greater, constrained only by capital. Their recent successes have
positioned them to achieve at least $225 million in revenue this year alone – with significant
additional backlog and potential to expand beyond that figure – representing incredible momentum
and laying the foundation for profitability with minimized dilution for years to come.
And with the completion of their audited financials, a transition to a more traditional
December 31 fiscal year and continued efforts towards becoming a fully reporting company,
they have now prepared the foundation for shareholder-friendly future capital formation
and execution on their uplisting strategy – further spurring growth. So they expect a future
NASDAQ listing to bring additional liquidity and broaden their shareholder base through an
enhanced profile within the investment community. What an exciting future prospect here with SIRC.
Next up to our number 2 banger stock for you today, which is mPhase Technologies Inc
(XDSL) which we have been talking about for some time now as our next 10X play
and after a tough time in the market it is beginning to bounce from its sub 1cents lows
and now sitting up at over 240% in the last month alone at 3.4cents per share.
Its worth noting that mPhase Technologies has a market cap of only $2.7m
so a very tiny cap stock, which is highly risky but equally presenting plenty of opportunities.
I stand by this one given the focus of their management team, the sector outlook and
catalysts which the company holds to be a solid long term play as part of the ev transition.
So when you look at their share price performance on a ytd basis,
you can still see how deeply undervalued they are and trending close to ytd lows
or better still just bouncing off their all ytd lows and still being down by 83%. Lots of
patience required here but equally tremendous upside opportunities. So here’s what’s new.
mPhase Technologies Reported Record Fiscal 2022 Third Quarter Results
for the period ended March 31, 2022, which marked
the Company’s 12th straight quarter of year-over-year revenue growth. They said
Revenue grew 11% to a record $8.5 million compared to $7.7 million in the prior year quarter,
with mPower consumer engagement services generating $144,700 of subscription revenue;
Gross profit margin increased approximately 600
basis points to 32.5%, compared to 26.5% in the same year-ago quarter;
Operating income of $1.2 million showed a 4% year-over-year increase;
The Company posted a net loss of $1.0 million compared to net income of $0.3 million in the
prior year quarter, due to several large items relating to non-cash financing costs.
And with other events & their outlook,
The Company renewed its primary (USD $33 million+) revenue-producing
software license agreement for an additional three-year term;
Announced the initiation of the EV charging segment of the mPower platform with the
selection of 24 mPower EV charging sites in Virginia, Florida, and North Carolina;
Announced the first Level 3 charger sale, to a Pennsylvania-based Ford dealership;
Landed 19 major national and international branded sites
in five business categories during the first month of the EV charging roll-out.
Their CEO Anshu Bhatnagar added that “their fiscal 3rd quarter marked the beginning of
a major transformation for mPhase, as they worked to complete the planning for their
EV charging roll-out, which finally commenced in May,” “The first half of 2022 has been one
of the most challenging and exciting times they have seen in the last several years.
They have already assembled a core group of institutional investors who will support their
move to the next level, so the timeline for our uplist is directly connected to the successful
execution of our business plan.” Another one talking of an uplist so clearly one to watch.
“The EV-equipment stage of that plan is already yielding impressive results. To
judge the power of their mPhase ecosystem, we need to consider that they signed properties
aligned with 19 significant brands, including Subway, McDonald’s, Pizza Hut,
Exxon, BP, Shell, & more – in the first 30 days of their EV roll-out.
Their pipeline continues to grow, with more than 30,000 sites on their target list and a strategy
to add several thousand consumer engagement customers per month through the end of the year,
along with hundreds of charging stations. And based on their target list, they expect
to have as many as 75 different chain and brand customers introduced to their system by year end,
giving them a long list of use cases to elevate their value proposition to the corporate level.
They are already on track to generate more than $2 million in annual recurring revenue
from just consumer engagement alone, giving them renewed confidence in their ability to achieve
solid double-digit growth in coming quarters as they layer on additional revenue streams.”
So some very very interesting and mindblowing prospects ahead for these 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 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
stocks in the comments section below and what other stocks are catching your eyes lately.
And If you are new to my channel, please ensure to subscribe and hit the bell so you are notified
when I upload new videos. If you would like to see more videos like this, please check out this
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Thank you so much for being here and I look forward to have you in my next video. Thank you