CapitalGainsReport: OTC Stocks Making Headlines
As an investor, it is crucial to stay informed about the latest news and press releases from companies you have invested in or are considering investing in. Company news and announcements can provide valuable insights into a company's financial health, market position, and future prospects. By staying up-to-date with the latest news, investors can proactively adjust their portfolios and positions to maximize returns and minimize risk.
Additionally, news announcements and releases can significantly affect a company's stock price, sometimes within seconds of the news being released. By closely following company news, investors can identify potential buying or selling opportunities and capitalize on market trends.
Let’s take a closer look at four companies that recently released news that investors should pay attention to. Whether you are an experienced investor or just starting out, keeping a pulse on company news is essential for maximizing your returns and minimizing risk.
Epazz, Inc. (OTC: EPAZ) is a mission-critical provider of drone technology, blockchain mobile apps, and cloud-based business software solutions. EPAZ spinoff ZenaDrone Inc., has recently been a company focus. ZenaDrone is dedicated to improving its intelligent unmanned aerial vehicle technology and is armed with machine learning software and AI. The original company focus was to revolutionize the hemp farming sector and later evolved into an intelligent multifunctional industrial surveillance, inspection, military and monitoring solution.
The ZenaDrone 1000 is a commercial-grade drone that is specifically designed for industrial and agricultural applications. The ZenaDrone 1000 is currently carving its path towards being a unique option in the United States military.
On Tuesday, March 21, EPAZ announced that the recent ZenaDrone visit to a California airbase has led to additional flight demonstrations and presentations with multiple air bases. The vist, which took place March 16/17, was ZenaDrone’s first visit to a military base to interact with personnel and gain insight into their drone technology’s potential use in the Air Force.
The company is currently in the process of scheduling a follow up visit to the airbase and expects to receive a formal invitation within the next few weeks. The potential integration of ZenaDrone 1000 into military operations can lead to new business opportunities and further expansion of the company's operations.
This visit follows the recent submission from ZenaDrone of Phase I SBIR proposals to the US Government. The SBIR program is designed to get products into the government market. Additionally, if ZenaDrone is a part of the program, there will be opportunities to sell our drones to US allies.
The SBIR program has avenues to potentially open up major government contracts worth up to $15 million over the next three years, if ZenaDrone is selected in the process.
Outside of the military, the Zenadrone 1000 still flourishes. The Zenadrone 1000 can be used for applications such as crop monitoring, surveying, and inspection of infrastructure such as pipelines, bridges, and buildings. The ZenaDrone 1000 has already garnered positive reviews in several of these industries.
This year, ZenaDrone aims to continue to enhance their AI capabilities to include autonomous navigation of unmapped terrains, deep learning algorithms for various actions, and dual-use features to accommodate commercial and military drone applications.
Another company that saw some attention in the news is Marketing Worldwide Corporation (OTC:MWWC). On March 21, the company announced that the Board of Directors, under the advice of 'TCO' Robert Blagman, had decided to cancel the reverse split and propose alternative methods for capitalizing operations through non-dilutive measures.
"There are always options, when we consider alternatives to support ongoing long-lasting growth," said 'TCO' Robert Blagman.
Additionally, MWWC has identified 470 million shares of restricted common stock that will be retired to the treasury over the next few weeks. This move is expected to clean up and reduce the outstanding share structure of outdated non-compliant issuances.
TCO Mr. Blagman stated, "I bring more to the table than just a strong resume, network of professionals, and industry savvy. We have access to the licensing and option agreements for a variety of solid global content driven events that can be distributed at a favorable industry price to an international viewing audience. The quicker we do this the faster MWM can bring in positive revenue results. Marketing Worldwide Media can be much more than just a name."
Another stock that was more active today with a news release is DarkPulse Inc. (OTC: DPLS). DPLS is a technology company focused on the manufacture, sale, installation and monitoring of laser sensing systems based on patented BOTDA dark-pulse sensor technology.
The "DarkPulse Technology" provides a data stream of critical metrics for assessing the health and security of infrastructure for applications in border security, pipelines, oil and gas, aviation and aerospace, mine safety, and renewable energy
March 21, DPLS announced that the State of Arizona has approved the application for a trade name of the Company's wholly owned subsidiary TJM Electronics West, Inc. , a contract electronics manufacturer based in Tempe, Arizona for "DarkPulse Electronics Manufacturing" ("DEM").
DEM is ITAR registered and holds ISO9001 and AS9100 certified electronics and electro-mechanical assembly certificates, and has an assembly team trained to IPC 610 and J-STD-001 standards, Classes 2 and 3.
Dennis O'Leary, Founder & Chief Executive Officer of DarkPulse, stated, "We recognize the value in brand management and believe operating under one company name is beneficial for the growth and expansion of our manufacturing business. DarkPulse Electronics Manufacturing can build and fabricate quantities from as little as two units allowing for cost-effective prototyping while offering full manufacturing capabilities as your project progresses."
One last stock we will also cover that released news today is AITX, which is a prominent provider of cutting-edge solutions powered by artificial intelligence. Artificial Intelligence Technology Solutions (OTC: AITX) assists organizations in tackling difficult problems, discovering new perspectives, and generating innovative business strategies.
AITX assists organizations in tackling difficult problems, discovering new perspectives, and generating innovative business strategies. Their RAD, RAD-M, and RAD-G product offerings enable businesses to enhance their operational efficiency, maximize their return on investment, and augment their security measures by leveraging state-of-the-art robotic technologies.
With AITX's advanced solutions, highly-skilled personnel can focus on high-priority tasks while simultaneously improving the efficiency and cost-effectiveness of patrol and guard services.
On Tuesday, March 21, AITX announced that its security robot, ROSA, has exceeded expectations at a Fortune 500-ranked global automobile manufacturer's storage facility. The client had been experiencing a series of costly vehicle thefts due to trespassing incidents.
In January of this year, two ROSA devices were deployed along the perimeter of the facility to detect and deter such incidents. According to Al Shenouda, the managing partner at RAD's authorized dealer, City Shield Services, ROSA has exceeded all expectations and has completely deterred trespassing.
Troy McCanna, RAD's Chief Security Officer and a former FBI agent, commented that these results are a huge accomplishment and that the client is expected to expand the deployment of ROSA to other facilities.
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