OTC Momentum Watchlist: MWWC, USEI, FTXP, ECOX, JPEX, 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.

U.S. Energy Initiatives Corporation Inc. (OTCMKTS:USEI) stock continued to trend lower on Friday. On Friday, the stock was down 4.55% at $0.0010 with more than 44.19 million shares traded hands, compared to its average volume of 146.55 million shares.

U.S. Energy Initiatives Corporation Inc., together with its subsidiaries, markets topical ointments, cannabis oils, tinctures, and vapor pens and accessories. The company was formerly known as Hybrid Fuel Systems, Inc. and changed its name to U.S. Energy Initiatives Corporation Inc. in June 2006. U.S. Energy Initiatives Corporation Inc. was founded in 1996 and is based in Santa Clarita, California.

Foothills Exploration Inc. (OTCMKTS:FTXP) stock was in a tight range in the previous session. On Friday, the stock ended flat at $0.0005 with more than 87.43 million shares traded hands, compared to its average volume of 123.69 million shares.

Foothills Exploration, Inc., an independent oil and gas exploration and production company, engages in the acquisition and development of oil and natural gas properties. Its primary focus is the U.S. Rocky Mountain region. The company holds approximately 34,000 acres in the Greater Green River and Wind River Basins of Wyoming and 7,800 acres in the Uinta Basin of Utah. Foothills Exploration, Inc. is based in Los Angeles, California.

Eco Innovation Group Inc. (OTCMKTS:ECOX) stock was in action in the previous trading session as the stock gained 17.400% to $0.0027 with over 74.57 million shares traded hands, compared to its average volume of 8.20 million shares.

The company announced that it has received a Notice of Allowance from the United States Patent and Trademark Office (USPTO) for its patent covering methods of extraction of plant materials obtained using Glytech’s supercritical glycerin extraction technology exclusively licensed to ECOX.

JPX Global Inc. (OTCMKTS:JPEX) stock saw increased selling pressure in the previous session. On Friday, the stock was up 37.25% to $0.0070 with more than 125.95 million shares traded hands, compared to its average volume of 48.64 million shares.   

JPX Global, Inc., a development stage company, intends to provide waste management services primarily in Mexico. The company’s services include the storage, recycling, and disposal of industrial, toxic, and hazardous wastes. Its target customers comprise commercial, industrial, municipal, and residential customers, as well as other waste management companies, electric utilities, and governmental entity properties. The company was formerly known as Jasper Explorations, Inc. and changed its name to JPX Global, Inc. in January 2013. JPX Global, Inc. was founded in 2008 and is based in Draper, Utah.

Majic Wheels Corp. (OTCMKTS:MJWL) stock was in a tight range in the previous session. On Friday, the stock ended higher by 1.71% to $0.0356 with more than 3.32 million shares traded hands, compared to its average volume of 6.94 million shares.

Majic Wheels Corp. focuses on disruptive industries of Fintech and software development by means of acquisitions. The company was incorporated in 2007 and is based in Houston, Texas.

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.