Following were the most active stock buzzers on Tuesday. 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) just launched SpartaPayIQ, a crypto payment gateway developed for e-commerce and brick & mortar businesses. SpartaPayIQ makes SRCO makes a ‘first of its kind’ vertically integrated crypto commerce company.
Two great examples of online vertical integration include:
Netflix- produces shows and films as well as provides the distribution network through its streaming services.
Amazon- marketplace for buyers and sellers – but it also offers its own products and services, as well as its own distribution channel.
SRCO is applying this model to cryptocurrency payment processing. A recent Crypto.com Research Report states there are approximately 221 million cryptocurrency users worldwide holding over $2 Trillion worth of cryptocurrency to spend. That’s why the Global Crypto Payment Gateway Market is expected to grow with a CAGR of 22.8% over the next six years, according to Brandessence Market Research.
SRCO is making its bid to take a sizeable piece of this sizeable market.
Net Savings Link Inc. (OTCMKTS:NSAV) stock was in action in previous trading session and bucked the broader market trend. The stock went up 1% to $0.0102 with over 25.18 million shares traded hands, compared to its average volume of 16.08 million shares.
The company announced that they have entered into a partnership with SRAX (NASDAQ: SRAX) to maximize and accelerate its communications for interested investors, shareholders, and supporters. Through SRAX, a publicly traded company offering premier operating system tools for publicly traded companies, NSAV will have the ability to further reach its community through sophisticated solutions to assist it in maintaining, communicating, and expanding its shareholder base.
Kasten Inc. (OTCMKTS:KAST) stock continued to trend lower on Tuesday. On Tuesday, the stock was down 3.50% to $0.0810 with more than 483K shares traded hands, compared to its average volume of 272K shares.
Kasten, Inc., doing business as DAKOTA Life Sciences, operates as a biopharmaceutical company that focuses on the acquisition, development, and commercialization of pharmaceuticals designed to prevent and treat serious conditions arising in hospital and community settings. It principally focuses on delivering solutions to those people who are affected by antimicrobial resistance and who need pharmaceutical products at affordable prices. The company was incorporated in 1986 and is based in Sioux Falls, South Dakota.
MariMed Inc. (OTCMKTS:MRMD) stock was in action in the previous trading session as the stock fell 0.81% at $0.6150 with over 776K shares traded hands, compared to its average volume of 561K shares.
Revenue from retail dispensary operations grew 41% compared to the first quarter of 2021. Revenue from wholesale operations grew 6% compared to the first quarter of 2021 as a result of both the increased production from MariMed’s manufacturing facility and the increased number of licensed dispensary clients in Massachusetts. Revenue from licensing, management fees, and real estate income increased 2% compared to the first quarter of 2021.
XTRA Bitcoin Inc. (OTCMKTS:CBTC) stock was in action in the previous trading session as the stock ended lower by 3.17% at $0.0030 with over 2.40 million shares traded hands, compared to its average volume of 6.71 million shares.
XTRA Bitcoin Inc. operates as a bitcoin mining company. The company was formerly known as Therapy Cells, Inc. and changed its name to XTRA Bitcoin Inc. in October 2019. XTRA Bitcoin Inc. is based in Fruitland, Idaho.
KYN Capital Group Inc. (OTCMKTS:KYNC) stock was in action in the previous trading session as the stock ended down by 4.35% to $0.0022 with over 17.58 million shares traded hands, compared to its average volume of 51.14 million shares.
The company announced a future release of increased functionality on our Koinfold™ Digital App. The new Koinfold™ suite will include our new exchange, payment and debit card system. With a goal of increased functionality combined with reduced complexity, the new Koinfold™ Suite will allow our users to exchange Crypto to Fiat for use in countries that do not allow you to make payments directly to Crypto.