5 OTC Stocks Poised To Bounce: VKIN, ABIT, GWSN, CYDY, PTCO, ICTY

Following were the notable penny stock buzzers in the previous session on high volume. Keep an eye on these stocks this week.

If you are interested in nanocap stocks here is one you should look into

Viking Energy Group (OTCMKTS:VKIN) may be one of the best ways to play skyrocketing energy prices.   VKIN  has proven oil and gas assets valued at over $96 million located in North America in Kansas, Missouri, Texas, Louisiana, and Mississippi.  VKIN’s oil & gas holdings aren’t something the company speaks about regularly because it is focused on several ESG initiatives, which are covered below.   However, the fact is VKIN’s assets are increasing in value rapidly and the market has yet to factor that in, which is one reason to like the company.

Viking Energy (OTCMKTS:VKIN) is unique in that not only will its oil & gas assets rise in value; but its several diversified green energy subsidiaries will also benefit as rising oil prices push people toward green alternatives.  These include a Green biodiesel production facility and a carbon capture technology.  Other products in the company’s green portfolio include a medical waste treatment technology and a newly acquired Electric grid optimization technology that allows for retrofitting.  

Athena Bitcoin Global (OTCMKTS:ABIT) stock was in action in the previous trading session as the stock ended up by 18.24% at $1.75 with over 63K shares traded hands, compared to its average volume of 23K shares.

Athena Bitcoin Global announces that Elektra, part of Grupo Salinas, has appointed Athena to process Bitcoin payments using the Lightning Network. Athena Bitcoin is providing the fiat crypto bridge, assuring processing and liquidity in compliance with national regulatory requirements, making Lightning Network payments possible.

Gulf West Security Network Inc. (OTCMKTS:GWSN) stock was one of the notable active movers in previous trading session as the stock moved down 23.40% to $0.15 with over 4.5K shares traded hands, compared to its average volume of 7 shares.

Gulf West Security Network, Inc., together with its subsidiaries, engages in the engineering, design, installation, remote monitoring, and after-market servicing of residential and commercial electronic security, and home automation systems in the United States. It offers home burglar, fire, and medical alarm systems, as well as fully integrated business security and automation systems. The company is based in Lafayette, Louisiana.

CytoDyn Inc. (OTCMKTS:CYDY) stock continued to trend lower on Friday. On Friday, the stock ended lower by 6.15% at $0.3450 with more than 4.69 million shares traded hands, compared to its average volume of 3.27 million shares.

CytoDyn announced that the U.S. Food and Drug Administration (FDA) has placed a partial clinical hold on its HIV program and a full clinical hold on its COVID-19 program in the United States. Further, the Company elected to pause its Brazil COVID-19 trials pending results from its previously scheduled data safety monitoring committee meeting and is in the process of reevaluating the timing of its HIV BLA resubmission..

PetroGas Company (OTCMKTS:PTCO) stock was seeing a range bound trading in the previous session as the stock fell 10.50% to $1.70. The stock traded 42K shares, below its average volume of 61K shares.

PetroGas Company engages in the exploration and production of oil and natural gas. It has 7 oil wells in the Burns and Rogers leases covering an area of 714 acres located in Frio and Atascosa counties, Texas. The company was formerly known as America Resources Exploration, Inc. and changed its name to PetroGas Company in January 2016. PetroGas Company was incorporated in 2014 and is based in Houston, Texas. PetroGas Company is a subsidiary of Rise Fast Limited.

EyeCity.com Inc. (OTCMKTS:ICTY) stock was seeing buying pressure in the previous session with a jump of 9.10% to $0.0006. The stock traded 34.99 million shares, below its average volume of 38.50 million shares.

EyeCity.com, Inc. operates as a natural resource exploration company. It purchases rights to small scale mining concessions with the intent on developing and assessing the extent of mineralization in the concession areas. The company was incorporated in 1977 and is based in Lake Mary, Florida.