OTC Momentum Report: MWWC, CBDD, RGBP, ICOA, INND, MJWL

Following were the top stock winners in the previous session. Keep an eye on these stocks as momentum could drive stocks further higher.

Penny stock investors should take a look at

Marketing Worldwide Corp. (OTCMKTS:MWWC) developer of crypto mining platform ‘Minosis’,  released beta testing results that prove the platform’s viability.  The company projects profits for 2022 with only 1000 testers, once the platform goes live these numbers could multiply quickly. 

This may not have been the most significant announcement in the release, however, MWWC has retained BlockchainX to push forward its proprietary coin, the Minosis Token “$MWS.”  While Minosis will be able to mine BTC, ETC, and four other top cryptocurrencies, MWS could be its greatest revenue generator in the long run.  Especially if it can follow in the footsteps of meme currencies like $DOGE or $SHIB who made news of its own recently after Steven Cooper, CEO of Bigger Entertainment, started to rally the #shibarmy to burn of 1 billion SHIB tokens. 

News like this may have evaded investors due to the sheer amount of bitcoin noise, but based on $MWWC’s corporate Twitter, there are several more updates to come over the next month and a half.  Any of them could be a catalyst for MWWC stock.

CBD of Denver Inc. (OTCMKTS:CBDD) stock continued to trend lower on Friday. On Friday, the stock was down 9.76% at $0.0037 with more than 9.18 million shares traded hands, compared to its average volume of 16.03 million shares.

The company announced Paul Gurney has been named as Chairman, President and Chief Executive Officer of the company with immediate effect from Marcel Gamma, who has been acting Chief Executive Officer and Chairman

Regen BioPharma Inc. (OTCMKTS:RGBP) stock was in a tight range in the previous session. On Friday, the stock was flat at $0.0078 with more than 12.32 million shares traded hands, compared to its average volume of 35.97 million shares.

The company announced a program to accelerate the clinical development of its NR2F6 therapies. The Company intends to combine modified mRNA technology with Regen’s existing siRNA ( small interfering RNA) intellectual property targeting the NR2F6 nuclear receptor which has been identified as a potentially very important immune cell inhibitor (an immune checkpoint) and cancer stem cell differentiator.

ICOA, Inc. (OTCMKTS:ICOA) stock was in action in the previous trading session as the stock lower by 3.70% to $0.0078 with over 38.41 million shares traded hands, compared to its average volume of 116.17 million shares. Over the past 52-week, the stock has been moving in a range of $0.0002 – 0.0279.

The company sees continuous flourishing growth for its native token on Ethereum as March kicks off the last stretch of Q1 this year.

iBG Finance is an ecosystem of smart DeFi wealth management products uniquely designed to bring simplicity and efficiency to users interested in entering the cryptocurrency and DeFi markets.

 InnerScope Hearing Technologies, Inc. (OTCMKTS:INND) stock saw increased selling pressure in the previous session. On Friday, the stock was down 2.8% to $0.0052 with more than 12.31 million shares traded hands, compared to its average volume of 27.75 million shares.  

InnerScope Hearing Technologies, Inc. provides hearing aids and its hearable, and wearable personal sound amplifier products to retail hearing aid dispensing community. The company engages in the provision of manufacturing and direct-to-consumer distribution/retail of hearing aids, personal sound amplifier products, hearing related treatment therapies, doctor-formulated dietary hearing supplements, and proprietary CDB oil for treating tinnitus.

Majic Wheels Corp. (OTCMKTS:MJWL) stock continued to trend lower on Friday. On Friday, the stock was down 12% at $0.0386 with more than 3.95 million shares traded hands, compared to its average volume of 6.99 million shares.

The company announced the offerings of CGCX Tokens today in the Indian Market through their strategic partner, PCEx. CGCX token is a utility token created by CGCX to provide discounted trading fees, merchant solutions and enable access to the smart contract platform.

Pete Matthews

Pete attended the University of Colorado and still calls the centennial state home. He chases trout in the summer and snowboards in the winter. He is fascinated with the markets and has a strong interest in nanocap stocks and crypto currency.