There may be considerably rich pickings for investors if they investigate the sub-penny stock space a bit more closely. However, it is also important to do the right sort of research. Here is a quick look at five of those.
Halberd Corporation (OTC: HALB): On August 22, the company announced that the collection of tissue samples had been finalized by Mississippi State University from a certain quantity of the planned test subjects. The move was an important one since the collection of samples would help the university move forward with the pre-clinical model for the purpose of studying the end points for the path-breaking study on the ability of the company’s nasal spray to mitigate the impact of traumatic brain injury.
The university would not be able to analyze the concerned tissue samples so that it could examine them and come up with a quantification of the presence of certain markers in relation to brain damage. The nasal spray was designed to get rid of some of the potentially irreversible and inevitable effects of traumatic brain injury.
On August 14, the company announced that mitigation research on its patent-pending nasal spray for treating traumatic brain injury had been continuing at Mississippi State University. The company noted that some of the students at the university had prepared a paper on the project that had been presented at the Mississippi State University Shackouls Honors College Summer Undergraduate Research Symposium that had been held on August 2.
The paper was titled "Model for Therapeutic Development in Traumatic Brain Injury." Dr. Russell Carr, of the Mississippi State University College of Veterinary Medicine, oversaw the research project. The research had been designed in such a way as to correlate and quantify those biomarkers in traumatic brain injury in animal models.
Solar Integrated Roofing Corp. (OTC: SIRC): Solar Integrated Roofing Corp. is best known for providing a single-source integrated solutions provider for solar power, electric vehicle charging systems, and roofing. On August 3, the company came up with an update with regards to the reorganization's funding, growth, and restructuring of debt.
The company revealed that it had worked closely with RB Capital, its trusted investors, to boost its existing line of credit to $3 million from $1 million. The terms of the line of credit remain unchanged. The company would be able to make drawdowns as and when it requires credit for the purpose of supporting the reorganization for more growth.
The Chief Executive Officer of the company, Brad Rinehart, spoke about the development as well. He noted that the partnership with its existing investors would enable the company to grow and also speed up the process of eventually becoming cash flow positive. He went on to note that the company was committed to managing the line of credit through regular payments, bringing cash back to the company, and consequently creating more value for the shareholders.
Artificial Intelligence Technology Solutions Inc. (OTC: AITX): The global artificial intelligence-powered security and productivity solutions from Artificial Intelligence Technology Solutions Inc. operate in conjunction with Robotic Assistance Devices Inc., its fully owned subsidiary unit.
On August 15, the company provided an update with regards to the sales activities of RAD for August 2023. It was noted that RAD projected an order intake of more than 100 units for the month. That would make it the best order intake month in history and make the current quarter the best in terms of order intake for the company. Up until the middle of August, RAD had managed to book a total of 18 units, but it was possible to clock more than 100 orders by the end of the month.
The President of RAD Mark Folmer noted that August kicked off after the company had completed its best month in history. There were indications from prospects and clients that they were in the last stage of the final approval and purchasing processes with respect to the orders.
Marketing Worldwide Corporation (OTC: MWWC): Marketing Worldwide Corporation, which made a move into the media space, made a key announcement on May 4. At the time, the company announced that it was moving ahead with the TV series ‘Hollywood After Dark’ and would release the same on ‘Afrobeats’, a pay-per-view event. The company also announced at the time that it did not foresee any delays in the launch of the show due to the then-ongoing writer’s strike.
Marketing Worldwide Corporation noted that since the show did not require anything to be written in advance, the strike would not affect the launch adversely. The company provided reassurance to its investors through the news release that the concept of the show was to provide a feature on unscripted human interactions and immersive conversations. However, the company did sympathize with the writers and the associated union work issues that had cropped up. The company also noted that it hoped that all those issues would be resolved amicably and in a timely manner.
HearAtLast Holdings Inc. (OTC: HRAL) is best known for operating the platform GetPushMonkey.com. The platform is powered by artificial intelligence and helps improve user engagement, make push notifications sent by businesses more effective, and provide a personalized experience to users.
The company deploys the power of artificial intelligence for the purpose of learning about the behaviour, browsing history, and preferences of users. Consequently, it uses the information to send tailor-made notifications.
At the time, the Chief Executive Officer and President of the company, Peter Wanner, spoke about the move. He stated that HearAtLast Holdings was a forward-looking company that operated in the form of a holding company.
Additionally, it was always on the lookout for making investments and providing support to those businesses that may be on the verge of growth and long-term success. In essence, the company was looking to create prosperity out of potential, he added.
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