OTC Momentum Report: MWWC, STAL, BTZI, GOFF, CHKR

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.

Star Alliance International Corp. (OTCMKTS:STAL) stock continued to trend lower on Monday. On Monday, the stock was down 9.64% at $0.7590 with more than 31K shares traded hands, compared to its average volume of 22K shares.

The company announced that it has signed a letter of Intent to acquire 99% of the issued share capital of STARVING LION, INC., a BVI corporation with offices in Tortola, British Virgin Islands. SL operates six profitable operating gold mines in Guatemala with net profits annually in excess of $5 million. The purchase price for the mines and its reserves is $180 million.

BOTS Inc. (OTCMKTS:BTZI) stock was in a tight range in the previous session. On Monday, the stock was down 3.18% at $0.0320 with more than 455k shares traded hands, compared to its average volume of 1.51 million shares.

BOTS, Inc. focuses on developing and servicing blockchain and robotics solutions. The company offers decentralized finance applications, cybersecurity, crypto generation, mining, equipment repair, and extended warranties on Bitcoin mining equipment. It has a partnership with Cyber Security Group, Ltd. to introduce a new Web Application Firewall, a real-time solution that provides protection against both bots-based (DDoS) and application, API, user, or infrastructure threats.

Goff Corp. (OTCMKTS:GOFF) stock was in action in the previous trading session as the stock lower by 10.43% to $0.42 with over 433k shares traded hands, compared to its average volume of 1.59 million shares. Over the past 52-week, the stock has been moving in a range of $0.0160 – 0.7600.

Goff Corp. does not have significant operations. Previously, it was an exploration stage mining company that engaged in exploration and mining of gold and silver properties. The company intends to identify suitable targets for acquisition. Goff, Corp. was incorporated in 2010 and is based in Henderson, Nevada.

Chesapeake Granite Wash Trust (OTCMKTS:CHKR) stock saw increased selling pressure in the previous session. On Monday, the stock was down 12% to $1.18 with more than 172k shares traded hands, compared to its average volume of 107K shares.  

Chesapeake Granite Wash Trust owns royalty interests in oil, natural gas liquids, and natural gas properties located in the Colony Granite Wash play in Washita County in the Anadarko Basin of Western Oklahoma. The company has royalty interests in 69 producing wells and 118 development wells, and in approximately 26,400 net acres of area. As of December 31, 2020, its reserve estimates for the royalty interests included 2,736 thousand barrels of oil equivalent of proved developed reserves. Chesapeake Granite Wash Trust was founded in 2011 and is based in Houston, Texas.

Jon Williams

Jon graduated from the University of Michigan with a degree in finance. He is an avid investor and enjoys reporting on the markets. When he is not in front of a computer he enjoys playing golf and watching basketball.