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4 Promising Penny Stocks To Consider This Year

Penny stocks are without a doubt one of the most rewarding ways to build wealth over a short period of time. The art of hunting down OTC listed companies with innovative business models and tons of growth potential can potentially reward you with massive gains if you are willing to ride out some volatility along the way. 

Two Hands Corporation, (OTC: TWOH) is a food distribution company through three on-demand food brands, Gocart.City, Grocery Originals, and Cuore Food Services.

Gocart.city, a division of Two Hands Corp. is an online grocery delivery market that services the Greater Toronto Area and beyond. They curate and deliver the freshest produce and specialty foods in Southern Ontario. 

The company recently completed its first year of gocart.city operations with milestones that include, growing its grocery category to over 2,700 items, its customer base to over 1,000, delivery to 6 days a week and expanded its delivery area to better meet our customer demand. In addition, the company is continuing to calibrate its business model and focus exclusively on the retail and food service sales channels. Two Hands capabilities have allowed them to service the growing student grocery programs for two major universities in the Toronto area.  This unique program will be expanded in 2022 and offered to more universities and colleges in Ontario with over 100,000 students.

As the company move into 2022, its working on expanding to a second distribution location in Vaughan Ontario, and adding an exclusive product line to be distributed in North America.

With plans for continued growth, TWOH could be one of the penny stocks to watch right now.

PHI Group, Inc. (OTC: PHIL), a company currently focused on PHILUX Global Funds and developing the Asia Diamond Exchange (“ADE”) in Vietnam, recently announced that the Company has signed a consulting agreement with Vietnam-based Cat Tuong Agricultural Processing Production Co. Ltd. (http://cattuongagrico.com/en) (“CT Farm”) to assist this enterprise to become a publicly traded company and establish production facilities in the United States of America.

According to the agreement, PHI Group, Inc. will be responsible for assisting CT Farm to list on the U.S. Nasdaq Stock Market (www.nasdaq.com), acquire farmland to set up production facilities in the Southeast region of the U.S. (https://www.pinterest.com/pin/425308758551550637/) and secure up to one billion U.S. dollars’ long-term financing for CT Farm to expand and grow the company in the global marketplace.

PHI Group, Inc. will receive cash and stock from CT Farm for services rendered in connection with this agreement.

Tonner-One World Holdings, Inc “the Company” (OTC: TONR), an aggressive FinTech development company, announced last week the acquisition of Cryptopro, a Lithuania based Artificial-Intelligence-powered Cryptocurrency, investment management platform that serve clients across the globe.

Cryptopro, a 7 months project that turned profitable since December 2021, started generating revenue from subscription fees. Subscribers/clients follow Ai-powered signals to ensure optimal portfolio performance. Cryptopro derives revenue from transactions fees, subscription fees and consultancy from clients across the globe who uses its platform to build generational wealth via cryptocurrency investments. Since going live, Cryptopro has been consistently increasing its client base and revenue generation capabilities. In a control-stake acquisition transaction, the company bought 60% control of Cryptopro.to. The current management of Cryptopro who controls 40% of the company will continue to manage, grow and build the business in Lithuania to serve clients from around the world.

Ejike Arinze, TONR’s Chief Executive Officer, stated “we’re aggressively seeking opportunities in the Crypto, Metaverse industries to invest in hungry entrepreneur and Web3 projects across the globe that meets our investment/acquisition criteria. We’re also actively reviewing merger and acquisition candidates for actions in operating Cryptocurrency, Metaverse, Web3, Defi or Fintec businesses.”

VeeMost Technologies, LTD (OTC: JPEX) is pleased to announce the launch of its own innovative VeeShield Cloud security products on January 24, 2022. VeeShield will be offered in three packages: Pro, Pro+, and Cloud hybrid next-generation firewall. VeeShield will initially be available only to VeeMost’s corporate customers as part of their Managed Services bundle. It will then be publicly available for all enterprise users at date to be announced shortly.

As cyber security incidents continue to ramp up around the world, organizations are now beginning to understand the importance of security. Their data, applications, and work boundaries, now distributed more than ever, face attacks and compromise from all over the world. VeeMost Technologies intends to continue to position itself as a trusted adviser and partner to assist organizations navigate the security threat landscape. In addition to developing our own products, we are committed to making acquisitions where and when necessary and will also continue to incorporate more products and solutions from other vendors to add to the security portfolio of products and services offered to organizations.

JPX Global, Inc. (OTC Pink: JPEX) and VeeMost Technologies, LTD has executed an agreement in an all-cash transaction, in which VeeMost purchased a majority control of JPX Global, Inc. VeeMost is an innovative cloud/cybersecurity global solutions and digital transformation services provider with locations in the United States, India, and West Africa. VeeMost specializes in architecting, deploying, and managing secure digital solutions and platforms for customers to accelerate and enhance business efficiencies for increased profitability. A name change from JPEX Global, Inc to VeeMost Technologies, Inc will be filed with FINRA. The company will be re-domiciled in Delaware at the conclusion of the transaction as it continues to work towards its goal of up-listing to the OTCQB or other more prestigious exchanges, subject to satisfying all relevant listing qualifications for the exchange.

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