what's up everyone and what a week we have just had where the s p 500 is now venturing towards
bear market territory and what that means is that the smp has fallen by at least 20 percent
since the january highs which is very significant as it gives an indication
of the general investor sell-off and very sentiment at the moment
you can see the daily performance here at the time of recording for most of the large caps
which most of us either hold directly or in index phones being down on the day and i mean
even tesla also down 10 on the day that's some hundreds of billions of dollars being wiped out
with 10 out of 11 sectors here in decline with the only exception being the real estate sector
so should the s p 500 actually move into bad territory it would join the nasdaq which is
already in bear market territory as the nasdaq is already down 30 percent since its november highs
most of us are finding it tough to sail through some of these red days
especially when we see headlines like this which indicate there's still more pain to come
but i feel it's in times like this when we have to ensure we have a rock solid watch list so you're
ready to jump in when the price is right for you and so in this video i have two top penny stocks
for you with very bright outlooks for 2022 which you certainly want to have in your watch list
in fact they have rock solid catalyst in the tank and one of them sees over
400 million dollars of revenue which is just the last thing you want to ignore right now
i've also got lots of free stuff for you and smart ideas to put money back into your pockets in these
tough times so make sure you stick around to the end so you don't miss out on any of these freebies
we have seen some stocks wiped out in the markets recently and so doing thorough due
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now with that said please drop a quick like on the video and hit the bell so you can get on with it
with our first stop which is solar integrated roofing cob tikka number circ s-i-r-c which
is now trading close to all-time lows at 19 cents per share with a market cap of 85 million dollars
cert like most stocks has taken a bit in the current markets but from their latest update they
are still showing us that they are one to watch once this market recovers they are down 32 on the
month and also 56 over the last six months which puts them way down in bear market and in deep deep
valley territory and so you certainly don't want to snooze on them and for penny stock gems like
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thank you and here's what's new with cirque silk reported record first quarter 2022 financial
results growing their revenues by 682 percent to 27 million dollars and the key highlights included
revenue in the first quarter ended march 31st 2022 increased 682 to 27 million dollars as compared
to revenues of 3.5 million dollars in the first quarter of 2021 net income in the first quarter
at 5.7 million so a profitable otc stock here which is rare to find in this market
and clearly jumps for tomorrow ordered a five-year blanket purchase agreement
with the u.s general services administration i spotted five billion dollars in federal funds
allocated to ev charging installations and the biden administration's infrastructure bill
they also signed a national pricing agreement with end phase energy which is a tier one
global solar panel supplier to offer the enfase energy system including iq batteries
iq micro inverters and tier 1 solar panels for residential and commercial solar installations
and this bulk pricing agreement provides a significant opportunity to offer their customers
better products at a better pricing with some of the highest possible project level margins
for their shareholders and they truly feel this is the win-win for all parties involved
and are incredibly excited to partner with a well-known supplier like enface
and for those who don't know end phase we are a leading innovator in the solar space
and just see where their innovation has taken them to in the last five years and so if cell were to
go down a similar path based on the outlook that wouldn't be short of being explosive
and they also secured a 45 million co-development agreement with lox power
for the installation of 17 solar projects and private high schools across the state of georgia
and david massey the ceo stated that the first quarter of 2022 was marked by
exciting momentum in the acquisition pipeline significant continued revenue growth and the
completion of audited financials to facilitate the start of their near-term uplift strategy
and their focus now is their obliging strategy first to the otcqb and then to the nasdaq which
will bring additional liquidity and broaden their shareholder base through an enhanced profile
within the investment community and with the completion of their recent announced acquisitions
they believe that sales run rate could potentially grow to exceed 400 million dollars per year by
the end of 2022 what an opportunity and an outlook for display which is only an 85 million market cap
and on the operational front they are focusing on additional resources on the
near-term ev charging pipeline given the recent 5 billion federal commitment for
highway ev charging installations as part of the biden infrastructure bill
and to better position themselves to capture a robust portion of this opportunity there were
one of only 16 companies nationally that were awarded a five-year blanket purchase agreement
with the u.s general services administration to install what could be hundreds of thousands of
ev charging stations in the coming years which is just massive and the potential supply here is over
500 000 ev charging stations across the country over the next decade huge huge opportunities
here and it doesn't end there california has also announced that they will discontinue the sale of
internal combustion engine vehicles potentially requiring 1.2 million ev charging installations
to be completed to support the transition and also washington state has also announced an intention
to eliminate combustion vehicles even earlier by 2030 and so taken together the ev charging
market is expected to surpass the 28.4 billion dollar mark by 2028 and continues upwards which
is an exciting opportunity for them through their charging installations and moving on to our next
evgem here is m face technologies inc ticker number xdsl which is currently sitting at 5.4
cents per share with a market cap of 4 million emphasis recently hit rock bottom at 3 cents per
share before bouncing off into current levels and given where they've come from being down 84
over the last year i feel patience is required for this ev bull run to materialize and so
here's what's new with emphase emphasis renewed their primary revenue producing software license
agreement for an additional three-year term and they said this important contract is a follow-on
to the original three-year license agreement and the agreement currently generates about
8.4 million dollars in quarterly revenues and more than 33 million dollars in annual revenues
and under this renewed license the channel partner gains the right to utilize emphasis
proprietary cloud-based software as part of its platform of global business solutions
and their ceo anshu bhatnagar added that renewing this license for another three-year term is an
important achievement because it demonstrates the value of their software on a global basis
and this agreement also gives them an operational advantage because
it generates highly predictable software as a service and monthly revenue fees
enabling them to maintain a solid recurring revenue base as a build up promising new revenue
streams in the empower av charging and consumer engagement ecosystem so clearly on their way to
realizing their goal of having multiple sources of income more than 85 percent of which will be
generated by highly desirable subscription-based contracts emphasis also announced their first auto
dealer ev charging contract to provide level 3 charges to 4 dealerships in pennsylvania
and they said this purchase order checks some important boxes most notably the
ability to deliver a competitive offering in the important level 3 category and level 3 charges
an important part of the ev charging landscape but even more important for high powered vehicles
and the expected level 3 charger will become a standard site at dealerships for all car companies
throughout the country as each fleet expands to include a high percentage of evs how exciting
so some very very interesting and mind-blowing prospects have for these ev charging stocks but
only consider getting it if the price is right for you and if you fully understand the risk
this video is not financial advice a buy or sell recommendation but it's meant to bring some new
and exciting even charging penny stocks to your attention for you to do your own research and
as always i 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
and if you're new to my channel please ensure to subscribe and hit the bell so you're notified when
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thank you so much for being here and i look forward to having my next video thank you
you