Tuesdays Big Potential Plays: SRCO, RGBP, ICOA, SEII, FMCC, FOMC

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

Sparta Commercial Services Inc. (OTCMKTS: SRCO) a technology based financing company with subsidiaries in mobile app development, crypto payment gateways, and CBD,  Through its CBD subsidiary, New World Health Brands, Inc. offers CBD products manufactured in the United States and have been tested by highly accredited state-of-the art agriculture testing laboratories to ensure consistent ingredients and proportions listed and do not contain pesticides or other contaminants. SRCO offers a full array of hemp-derived CBD products that include oils, topical, capsules, tablets, pet and livestock tinctures. Friday’s vote could be a catalyst for SRCO stock.

Regen BioPharma Inc. (OTCMKTS:RGBP) stock was in action in the previous trading session as the stock fell 4.44% to $0.0086 with over 41.84 million shares traded hands, compared to its average volume of 30.81 million shares.  

Regen BioPharma, Inc. focuses on the development of regenerative medical applications in the United States. It engages in actively identifying small molecules that inhibit or express NR2F6 leading to immune cell activation for oncology applications, and immune cell suppression for autoimmune disease. The company is in the early stages of development of its products, and therapies. Regen BioPharma, Inc. was incorporated in 2012 and is based in La Mesa, California.

ICOA Inc. (OTCMKTS:ICOA) stock was one of the notable active movers in previous trading session as the stock slid 7% at $0.0056 with over 50.56 million shares traded hands, compared to its average volume of 66.33 million shares.

ICOA, Inc. provides neutral-host wireless and wired broadband Internet services in the United States. It offers back office solutions for hotspot operators and wireless service providers. The company also provides network advisory services, as well as procures, configures, and installs network equipment; and equipment, administration, billing, business intelligence, and content management flexibility services. In addition, it engages in the design, installation, operation, maintenance.

Sharing Economy International Inc. (OTCMKTS:SEII) stock continued to trend higher on Monday. On Monday, the stock soared 71% to $0.20 with more than 1.74 million shares traded hands, compared to its average volume of 1.09 million shares.

The company announced that it would received a strategic investment of approximately $30 million from Hanking Fund, a leading fund company in the industry, which will be used to focus on the metaverse ecology that SEII is actively promoting, especially for building the underlying architecture of naked eye 3D related technology and the business expansion of the metaverse technology application platform.

Federal Home Loan Mortgage Corporation (OTCMKTS:FMCC) stock was one of the most active stock buzzers. The stock gained 1.50% to $4.83 with 11K share traded hands, compared to its average volume of 3.9K shares.

Federal Home Loan Mortgage Corporation operates in the secondary mortgage market in the United States. The company purchases single-family and multifamily residential mortgage loans originated by lenders, as well as invests in mortgage loans and mortgage-related securities. It operates through two segments, Single-family and Multifamily. The Single-family segment purchases, securitizes, and guarantees single-family loans; and manages single-family mortgage credit risk, as well as manages mortgage-related investments portfolio, single-family securitization activities, and treasury functions.

FOMO Corp. (OTCMKTS:FOMC) stock continued to trend up on Monday. On Monday, the stock gained 7% to $0.0008 with more than 318.22 million shares traded hands, compared to its average volume of 103.82 million shares.

FOMO Corp., through its subsidiaries, provides germicidal disinfection of air and hard surfaces across the commercial and residential landscape. It also offers personal protective equipment, as well as turn-key lighting solutions for a range of clients. In addition, it provides energy efficiency consulting and sustainability solutions. The company was formerly known as 2050 Motors, Inc. and changed its name to FOMO Corp. in December 2019. FOMO Corp. is based in Chicago, Illinois.

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.