Every day thousands of investors flock to the markets in search of the hottest penny stocks to invest in and for good reason too, considering the exciting possibilities offered by these stocks.
These are stocks that can sometimes produce considerable gains for a relatively small outlay. This article is going to give you a lowdown on some stocks that are currently trading under a penny and should be thrown on any savvy investors watchlist.
Wearable Health Solutions Inc (OTCMKTS:WHSI) – The wearable medical device sector has grown leaps and bounds over the course of the last few years, and it could be a good idea for investors to start taking a look at some of the major players in the market
Wearable Health Solutions Inc. has accomplished a lot as a medical device company for its size, thus far. One of their key products has already hit the market, commercially.
WHSI is best known for having developed a device for the Personal Emergency Response System or PERS market. These devices are specifically meant for the fast-growing medical alarm sector. Recently, it had been announced by the company that it had served as many as 8500 end users with its PERS devices.
The PERS device from Wearable Health Solutions is known as the iHelpMAX 4G, and it boasts an order book of more than 2000 new activations.
The iHelpMAX and its platform can be connected to a number of other devices so that important vital signs can be monitored remotely and collected in real time. This remote monitoring makes the unit telehealth-ready. In addition, it also helps with the data collection activities in relation to some of the vital signs of patients.
Data suggests that the percentage of the United States population aged over 75 is going to hit 61.6% by 2060 and in such a situation, the demand for such PERS devices is expected to rise further. Hence, it can be said that Wearable Health Solutions is in a position to play in a rapidly expanding market.
B2Digital, Inc. (OTCMKTS:BTDG) – This stock was in action and gained 50% on Tuesday. Last month the premier mixed martial arts development league operator B2Digital Incorporated had come into the news after it provided an update to its shareholders back on November 8, 2022.
At the time the company had announced that it had continued to move ahead with its existing business model after having hosted a number of B2 Fighting Series events which had proven to be productive. The company noted at the time that it had hosted a number of such events since the start of August.
InnerScope Hearing Technologies, Inc. (OTCMKTS:INND) As the name suggests, the company is an emerging leader in the hearing aid sector, and earlier this month, on December 1, it announced that it had launched as many as four new models of rechargeable hearing aids on CVS.com under the iHEAR brand. It was a major announcement and one that may bring InnerScope Hearing Technologies’ stock into focus among investors.
The launch of the products on the CVS.com website is going to give the company access to a vast market and could lead to much greater market penetration.
Lampered Less Lethal Inc (OTCMKTS:LLLI) – Another interesting company in this category is Lampered Less Lethal Inc, which is involved in designing and developing military and civil defense equipment for the global market. It offers a wide range of products for the ever-growing market. Lampered Less Lethal had been established back in 1969 and is based out of Sarnia in Canada.
MineralRite Corporation (OTCMKTS:RITE) – MineralRite Corporation is a holding company with diversified interests and is mainly involved with the physical commodity and natural resources industries. The company was in the news back on October 27 when it announced that as many as four new experts had joined MineralRite Corporation in order to help in the execution of its new business strategy.
Industrial Nanotech Inc (OTCMKTS:INTK) – If you are interested in nanotechnology then you could take a look into the Industrial Nanotech Inc stock. It is involved in the development of nanotechnology in the United States and also operates its own manufacturing units. Last month the company announced that it was not going to outsource the investor communications function to third parties.
Sysorex Inc (OTCMKTS:SYSX) – Last but not least, it is the data center operator and owner Sysorex Inc which investors could track. The company announced earlier this month that effective November 25, 2022, its common shares had been listed on the OTC Market Pink Current Information tier instead of the OTCQB. It had come about due to the minimum bid price condition of the OTCQB.
Disclaimers: The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, assumptions, objectives, goals, assumptions of future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements, indicating certain actions & quotes; may, could or might occur Understand there is no guarantee past performance is indicative of future results. Investing in micro-cap or growth securities is highly speculative and carries an extremely high degrees of risk. It is possible that an investors investment may be lost or due to the speculative nature of of the companies profiled. CaptalGainsReport ‘CGR’i s responsible for the production and distributions of this content. CGR is not operated by a licensed broker, a dealer, or a registered investment advisor. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. CGR authors, contributors, or its agents, may be compensated for preparing research, video graphics, and editorial content. CGR is compensated three thousand dollars monthly via wire transfer by Wearable Health Solutions Inc to produce and syndicate content related to WHSI. As part of that content, readers, subscribers, and webs are expected to read the full disclaimers and financial disclosures statement that can be found on our website.