The month of March and the entire first quarter have been filled with excitement. The last week has been no exception either. Several stocks have seen significant rises in price as of late; some even amidst bad news. Outside of the larger markets, the OTC has offered some of the biggest movers in the market on a percentage gain basis. This includes some of the following stocks to watch heading into the second quarter of 2017.
Textmunication Holdings, Inc. (TXHD) is a stock that was previously trading under $0.001; well into sub penny price levels. In late February, the stock saw a run to highs of $0.0094 with a recent pullback to lows of $0.002. During trading on Friday, the stock has seen a bounce back above $0.002 equating to a swing of 100% within the open and closing trades. The company recently announced that the company is in the process of upgrading its leading SMS platform to meet the demands of the growing market.
They are in the final process of delivering a robust and scalable platform capable of sending more than 40M SMS per day. Recent studies show the potential for business across sectors such as banking, travel and transport, retail and healthcare to be enormous with growth of the A2P market expected to grow to 2.19 trillion messages and US$ 50 billion in revenue by 2018 as a broader range of organizations, including SMEs and government bodies, capitalize on its potential.
American Leisure Holdings, Inc. (AMLH) announced this week that it has finalized a merger with GG Media Network, parent company to GG Studios, LLC, a rising eSports media production company. According to the company, GG Studios works with publishers and sponsors to create and distribute original eSports content for both television and digital platforms.
The Company intends on becoming the industry leader in development of premium for eSports fans. For the past week, shares of the company have climbed tremendously. On March 24th the stock was trading at $0.0002 and as of Friday the 31st, shares have reached highs of $0.0024.
MMEX Resources Corporation (MMEX) has also made the move from sub penny levels to further move into “penny stock” territory. Just a few weeks ago at the end of February the stock was trading at $0.0002. Recent sessions have seen the stock move as high as $0.0245. This week the company announced that it had entered into a partnership for KPE to engineer, design and construct the planned Pecos County refinery.
“Plans for the Pecos County refinery are progressing smoothly and rapidly, and the selection of KPE as the project’s EPC contractor is an essential first step to beginning the project. With their strong industry experience, knowledge of the Texas market, scalability and agility, KPE is an ideal partner for MMEX on this project,” stated Jack W. Hanks, President & CEO of MMEX Resources Corp., in this release.
Similarly, Unique Pizza & Subs Corp. (UPZS) has made a move in March. The company identified several key milestones and developments that it has achieved over the last 24 months. These include things like brand development and marketing via events and deals with names like Six Flags Amusement Parks, and 7-11. Since the beginning of the month, the stock has moved from lows of $0.0014 to as high as $0.0037. Friday saw trading between $0.0025 and $0.0033.
