One technique many investors use to book profits is to find stocks that are gaining momentum. These stocks that make big moves can stay in an uptrend for multiple trading sessions, providing savvy investors with potential gains.
Let's take a look at four stocks under 5 cents that made significant recent gains and deserve to be on your radar.
Epazz Inc. (OTC:EPAZ) recently achieved a remarkable milestone, surging by an impressive 20.83% on September 21, adding to the buzz surrounding its groundbreaking ZenaDrone technology. This provider of mission-critical drone technology and artificial intelligence software made a significant announcement on that same day. Its subsidiary, ZenaDrone, inked a memorandum of understanding with Thunder Tiger Corp, a distinguished Taiwanese defense contractor.
This strategic agreement is poised to elevate Epazz's presence and operations in Taiwan, where both entities will collaborate in marketing the ZenaDrone 1000 to government agencies. In tandem, Epazz is actively forging partnerships and supply chain connections within the country to meet stringent NDAA compliance requirements.
Epazz's expansion into Taiwan aligns seamlessly with its broader strategy to capitalize on the booming multibillion-dollar industry. Central to its growth is the ZD1000, a cutting-edge AI-powered unmanned aerial vehicle, tailor-made for comprehensive surveys and inspections of large-scale supply chain warehouses and facilities. Distinguishing itself with advanced technology, the ZD1000 excels at capturing precise aerial imagery of supply chain facilities, doubling as an invaluable asset for preventive maintenance and rapid responses to emergencies, including floods and fires. The drone's resilience has also garnered substantial interest from the US military, primarily due to its ability to operate seamlessly in challenging environments and terrains.
Epazz is presently in the process of securing the essential certifications and licenses needed to become a defense contractor. This strategic move is a response to surging demand for the ZD1000 among US government agencies, driving the company to manufacture domestically-produced drones capable of efficiently handling heavy payloads at competitive prices.
Beyond its endeavors in Taiwan, Epazz has embarked on a joint venture in Brazil, aimed at developing the necessary facilities and infrastructure for the ZenaDrone 1000 operation. The drone's appeal has already resonated with 25 esteemed Brazilian organizations, underscoring its credibility. Additionally, the company has ambitious plans to expand its footprint in India and South Africa, marking strategic steps towards further growth.
Epazz's innovative approach extends to Dubai, where it operates a drone manufacturing facility that has transformed the concept of drone-as-a-service. This visionary move anticipates annual revenues surpassing $150,000 per drone, driven by applications spanning large-scale farming, government initiatives, and oil rig operations.
Recognizing the imperative to diversify revenue streams and reduce reliance on software products, Epazz reported substantial growth, with second-quarter revenues surging to $580,030, up from $511,000 in the previous year, largely fueled by robust demand for its drone technology and smart glasses offerings.
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Clean Vision Corporation (OTC:CLNV) is involved in running a number of companies that are involved in the green energy and sustainable clean energy sectors.
On September 7, Clean Vision Corporation was in the news after it announced that the proceeds from the forgivable loan worth $1.75 million had been disbursed. The loan was related to the Memorandum of Agreement signed by the company with the West Virginia Department of Economic Development on June 1, 2023.
As per the provisions of the agreement pertaining to the funding, the company would have to employ at least 40 jobs in three years for the loan to be forgiven. The financing was of a non-dilutive nature and would play a key role in speeding up the launch of the path-breaking plastic waste to circular fuel program in Quincy, West Virginia.
Mr. Daniel Bates, CEO of the company, stated, "We are thrilled to receive this support from the West Virginia Department of Economic Development. It not only accelerates our mission to combat plastic pollution but also underscores our dedication to driving economic growth within the community. This collaboration will play a pivotal role in shaping a cleaner, greener future for Quincy and the entire state of West Virginia."
A subsidiary unit of Clean Vision Corporation, Clean Seas West Virginia Inc., is involved in the development of a project geared towards addressing plastic pollution, one of the more urgent environmental challenges in the world. The subsidiary came up with its own path-breaking process for the conversion of plastic feedstock into clean, sustainable fuel.
The fuel would then be provided to the plastic manufacturing industry and thereby lead to the sustenance of the plastic manufacturing industry. It would also help in cutting down on plastic pollution and contribute towards a sustainable future. The company expressed its thrill at having the backing of the West Virginia Department of Economic Development on the project. Plastics feedstock had long been regarded as a threat to the environment; however, the project would turn it into a pivotal part of the fast-growing circular economy.
Asia Broadband Inc. (OTC:AABB) is involved in the production of precious metals and the growth of its holdings of physical gold. Asia Broadband Inc. uses its specialized knowledge of a geographical area, experience, expertise, and considerable contacts in the industry to help with the expansion of its precious metals production and property holdings in Mexico.
On September 20, the company announced that its mine-to-token gold-backed cryptocurrency, AABBG Token, had started its migration process to the Algorand blockchain from the Ethereum blockchain. The migration, followed by the conversion, had been scheduled for October 1, 2023. The aim of the move was to provide the holders of the AABBG token with better efficiency in transactions, higher transparency, and lower costs. Once the migration is completed, the users will experience more reliable and faster transactions, which will lead to a more reliable experience in the AABBG ecosystem.
The innovative design of Algorand would result in lower transaction costs in comparison to the Ethereum-powered infrastructure. The fee for any transaction would be fixed at a nominal amount, regardless of the size of the transaction. The Algorand blockchain would also provide greater security and transparency, which would protect the integrity of the transaction with the AABBG token. The users would be able to access an immutable and decentralized ledger, which would provide more trust and accountability. It was noted in the news release by the company that the migration process would be conducted with a keen eye to detail so as to cause minimum disruption to the token holders.
The company would provide pre-funding of Algorand wallets so that the conversion process goes through seamlessly. The tokens on the Ethereum blockchain would be converted to the Algorand blockchain on a one-to-one basis. The ratio would ensure that the value and integrity of the users are maintained.
Metatron Apps Inc. (OTC:MRNJ), the artificial intelligence-powered solutions firm, is best known for providing an all-in-one platform stocked with a group of AI tools. The tools above are meant to streamline processes, boost productivity, and drive creativity. Metatron Apps Inc. is a pioneering company in the field of artificial intelligence-driven solutions.
On September 18, the company introduced its all-in-one platform, which would help marketers, content creators, and businesses create winsome content at never-before-seen speeds. The platform would also help the users make significant savings in comparison to the human-based methods that are traditionally used. At the time, the company announced that it had provided the first look into its text-to-video service through short videos that were uploaded on the official TikTok channel of Metatron Apps.
"As the digital landscape evolves, content creation becomes increasingly vital," said Joe Riehl, CEO of Metatron Apps, Inc. "MetatronAI.com is here to provide not just speed but also significant cost savings. We aim to empower companies to create engaging content while optimizing their budgets."
The company claimed in its news release that the all-in-one platform would revolutionize content creation by deploying the power of artificial intelligence. The group of AI-powered tools would allow users to produce content at record speeds. The users may need content for social media, articles, blog posts, and product descriptions. The platform would help streamline the entire process and would facilitate the dissemination of the message to the target audience with considerable efficiency. The platform would also produce content at considerably cheaper rates when compared to content creators and content writers.
The significant reduction in costs would help businesses deploy capital in other areas of their operations, thereby leading to greater efficiency and eventually a higher return on investment. Due to the evolution of the wide digital landscape, the importance of content creation will only become more pronounced. Metatron is at the forefront of that change with its latest platform.
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