IDGlobal Corp (OTCMKTS:IDGC) Stock Gets High Volume: A Positive Signal?
IDGlobal Corp (OTCMKTS:IDGC) was in focus among investors yesterday after the company made a key announcement and the stock rallied accordingly as well. The company announced yesterday that from August 13, 2021, it will start uploading its financial documents onto the OTC Markets Platform. However, that was not the only announcement from IDGlobal yesterday.
The company also made a major announcement with regards to the fact that its fully owned subsidiary company Azure Blockchain launched a procurement service by way of which Hosting Services, as well as Cryptocurrency Mining Equipment, are going to be placed with its partners. The partners are going to pay a participation fee for the services. It goes without saying that both these announcements were significant developments for IDGlobal and hence, it was no surprise that the stock ended the day with gains of as much as 27%.
In the press release from IDGlobal, the company noted that it has laid the groundwork for the future and apologized for having been late in making the actual announcement. However, IDGlobal was quick to add that at this point the company is involved in the development of private as well as public blockchain and was also working on the work of monitoring cryptocurrencies that are specific to certain companies.
The company believes that the delay in making the announcement was worth the wait since IDGlobal foresees a very ‘exciting future. In light of these developments and the rally in the stock investors could do well to keep the stock in their sights.
HPIL Holdings (OTCMKTS:HPIL) Stock Makes an Interesting Move: What Next?
There are plenty of investors who are almost always on the hunt for stocks with strong momentum and for good reason too, considering strong momentum can often last for an extended period. One of the stocks to have shown great momentum in recent times is the HPIL Holdings (OTCMKTS:HPIL) stock.
The stock was on the move on Wednesday and ended up with gains of as much as 27%. The rally in the HPIL stock yesterday took its gains for the past week to as much as 52% and in light of such gains; it could be a good time to take a closer look at the company. Yesterday, the company was in the news after it announced that the application that it sent into the OTCIQ was approved.
In addition to that, the Chief Executive Officer of HPIL also stated that the company is going to continue to as the parent company of Medusa Artificial Intelligence, NFT Procurement, Cybernetic Technologies, World Gaming Group, and Apogee Dynamics.
He went on to add that the company is proud of its achievements in a relatively short period of time. In this context, it might also be important to point out that last month Cybernetic Technologies had also announced the launch of Medusa Intel Technology. That company is going to be a fully owned subsidiary which is going to be involved in the artificial intelligence space. Artificial intelligence is a fast-growing industry and HPIL’s entry into it is a significant step.
BTCS Inc (OTCMKTS:BTCS) Stock In News: Are You Excited?
In recent times, blockchain technology has been adopted in a big way by many industries, and hence, there are expectations that the industry is going to eventually grow quite rapidly. As a result, it is no surprise that investors are nowadays increasingly on the hunt for stocks of companies that are engaged in the blockchain technology sector.
One of the companies from the sector to have garnered considerable attention in recent days is BTCS Inc (OTCMKTS:BTCS). In the past week, the blockchain technology company has seen its stock soar by as much as 33% and such gains are likely to bring it into the attention of many investors over the coming days.
This morning the company is in news again after making a key announcement with regards to its operations. BTCS announced this morning that XTZ or Tezos has been added to the blockchain infrastructure operations. It is a significant development for the company and something that is expected to be watched closely by market participants. XTZ is a decentralized blockchain that was established back in 2014 and is primarily meant for decentralized applications as well as smart contracts.
At this point in time, XTZ is the 45th biggest cryptocurrency in the world thanks to its market capitalization of $2.75 billion. It should be noted that at its initial coin offering that was held in 2017, XTZ managed to raise as much as $232 million and at the time it was regarded as one of the biggest offerings.
Will Netlist Inc (OTCMKTS:NLST) Stock Come Back After The recent Fall?
When a stock manages to clock enormous gains over the course of the year, then it is probably the duty of investors to look into those stocks a lot more closely. One such stock is Netlist Inc (OTCMKTS:NLST) and in recent days, there has been considerable activity in the stock as well.
After having suffered from a selloff and tanked by as much as 35% over the course of a week, the Netlist stock staged a recovery on Tuesday. Investors returned to the stock again yesterday as it ended the day with gains of 13%. In this context, it is also important to keep in mind that over the course of the year so far, the Netlist stock has recorded gains of a staggering 865% so far.
There was no news about the company yesterday but earlier on in the month Netlist announced its financial results for the second fiscal quarter that ended on July 3, 2021. In the quarter, the company managed to generated revenues of as much as $64.4 million. It consisted of revenues from licensing fees of $40 million and $24.4 million in the form of product revenues.
Those figures reflect a 123% sequential rise in licensing fees revenues and 64% for product revenues. On the other hand, Netlist managed to bring in a net income of $27.8 million for the quarter and that was again a stellar performance considering the fact that in the prior-year period the company had actually suffered a $1.8 million loss.
ProBility Media Corp (OTCMKTS:PBYA) Stock Announces News: Stock Jumps
In the past week, the ProBility Media Corp (OTCMKTS:PBYA) stock has been in the middle of a sustained selloff and it has been reflected in the price action as well. Over the course of the past week, the stock tanked by 10% and at this point, it might actually be a good idea for investors to perhaps figure out if the recent fall could be an opportunity or not.
As it happens, the company is in the news this morning after it announced that it is going to complete the acquisition of Upstryve Inc. ProBility Media is an education company that provides an online service by way of which professionals can get training and eventually advance their careers. The acquisition of Upstryve is a step in that direction and the acquisition is going to be completed entirely in stock.
However, there is more to the transaction that investors need to be aware of. After the acquisition is completed, the company is going to change its name to Upstryve.
Following that all the subsidiaries of the company are also going to be rebranded to reflect the changes. In order to complete this transaction, ProBility media is going to issue as many as 692,500,000 units of the restricted common stock to those who hold shares in Upstryve. More importantly, the company also stated that it is not going to go for a reverse split of its common stock in order to close the transaction. That must have come as a positive for ProBility shareholders.
Healthier Choices Management Corp (OTCMKTS:HCMC) Stock Sees High Volume: Now What?
Although the market was largely flat on Monday, the Healthier Choices Management Corp stock emerged as one of the few exceptions. Investors flocked to the stock in a big way yesterday and that saw the Healthier Choices Management Corp (OTCMKTS:HCMC) stock ending up with strong gains.
There was no news about the company yesterday but it is clear that investors may have found something that instigated them to get into the stock yesterday. It should be noted that the move in the Healthier Choices Management Corp stock yesterday turned the stock into a ‘double zero’ stock from a ‘triple zero’ stock. Despite the rally in the stock yesterday, it should not be forgotten that the stock has experienced considerable volatility in recent weeks due to the situation with its patent infringement lawsuit with tobacco giant Phillip Morris.
The positivity around the stock may be actually related to the patent infringement lawsuit. Although a court had granted Phillip Morris’ motion to dismiss the case, Healthier Choices had the option of filing for an amended complaint, and this past Friday the company did take up this option.
The patent infringement lawsuit is related to the IQOS device and it has been alleged that the combustion electronic pipe actually infringes on a patent held by Healthier Choices. After the filing of the new complaint, investors are possibly feeling a lot more positive about the community. It now remains to be seen if the Healthier Choices stock can hold on to this momentum and end up adding to its gains.
Lightwave Logic Inc (OTCMKTS:LWLG) Stock Resumes Another Round Of Rally
It is highly unlikely for active investors to have not noticed the massive rally in the Lightwave Logic Inc (OTCMKTS:LWLG) stock over the course of the past week. Investors piled on to the stock in a frenzy over the course of the past week and during that period, the stock managed to deliver gains of a staggering 357%.
In light of such enormous gains, it might be a good move for investors to take a closer look at the stock. This morning the company is in the news after it announced that it was awarded a United States patent for a new invention that helps with the building of improved optical routing architectures meant for polymer-based integrated photonics. In addition to that, investors need to note that the product can also be scaled with partner foundries.
Hence, it goes without saying that the receipt of the new patent is a major new development for the company and it now remains to be seen if it does have any effect on the price action in the Lightwave Logic stock today.
The Chief Executive Officer of the company Michael Lebby spoke about the receipt of the new patent as well. He stated that the patent is going to help in accelerating the development of the integrated photonics platform that is being built by Lightwave Logic. It appears that it is a significant positive development for the company and it might now be a good idea for investors to add the stock to their watch lists.
DeFi Technologies Inc (OTCMKTS:DEFTF) Stock Moves Back to $1: What to Expect Now?
The DeFi Technologies Inc (OTCMKTS:DEFTF) stock is expected to be in focus among investors this morning considering the sort of it had made last week. Last week the DeFi Technologies stock came into sharp focus among investors and ended the week with gains of as much as 40%. In light of such handsome gains, it might be a good idea for investors to take a look at the company a bit more closely.
As it happens, the company made a major announcement this morning that might have a bearing on the stock price as well. This morning the company announced that it signed a letter of intent with regards to the acquisition of the entirety of outstanding and issued securities of DeFi Yield Technologies Inc.
It is a major new development for the company and one that is expected to generate interest among investors. DeFi Yield is a privately held company and is best known for having its own automated yield engine. The engine helps people in making investments in the field of decentralized finance with far more ease and efficiency.
The company’s engine deploys some of the key strategies and protocols in the field of decentralized finance by way of which helps in maximizing yield while reducing risks to the minimum. It goes without saying that it could be a major acquisition for DeFi Technologies Inc and could make it a serious player in the fast-growing decentralized finance industry. Investors could do well to keep an eye on the stock today.