In this report, you will find 5 of the most actively traded penny stocks on the OTCQX market. Each of these will include a detailed report of their achievements and challenges. These companies range from new players in the fast-growing cryptocurrency space, to a potentially groundbreaking e-sports venture. Please feel free to comment any other stocks you would like me to cover as well as any thoughts and opinions!

1. Bigg Digital Assets Inc. (BBKCF)

Bigg Digital Assets plans to create the solution for establishing a crypto environment that is safe, compliant and regulated. Although this may be a tall task, the leadership of the company combines for more than 150+ years of experience in the tech and securities industry. In fact, the President of one of their subsidiaries introduced the first bitcoin ATM to the world.

The company includes two main businesses that could allow them to become a leading player in the race to regulate cryptocurrencies.

Blockchain Intelligence Group

Blockchain Intelligence Group is the main business that powers two main products. BIG’s main goal is to help the crypto community know what’s going on behind every cryptocurrency transaction. The three main sectors they offer services to are law enforcement, the financial sector, and regulators. On top of their two popular products, they also offer forensics expertise, training, and certifications.

BitRank Verified offers the ability to help individuals comprehend the legitimacy of their transaction. This product notifies the customer when sending cryptocurrency to a bitcoin address linked to a criminal element. Additionally, the scoring mechanism can be used by bank tellers, retailers, and exchanges. It offers a results page that helps these people know if a proposed transaction is safe or insecure.

QLUE is another software that allows law enforcement, regulators, and many other groups. It allows them to track, trace, and monitor illegal cryptocurrency activities. This service can reduce the time needed to perform a crypto investigation. Unlike competitors, QLUE offers the ability to follow a cryptocurrency money trail and spot today’s criminals. If you listen to CNBC, you would think that this was impossible.

Netcoins

Netcoins is another piece of the BBKCF portfolio. They are on a mission to help everyone in Canada transact cryptocurrencies in a secure environment. With nearly the same look as Coinbase, Netcoins offers comparable features to the leading digital currency exchange in the US. However, they have developed a way for users to create trusted accounts in minutes, while also requiring no funding fees to start out. This a a great way for Netcoins to step in to an already competitive crypto exchange market.

Lastly, Mark Binns recently had an interview where he discussed the recent moves by institutions into the cryptocurrency space. (For most people that assume BTC is in a never-ending bubble, it may be time to start following the “smart money.”

Overall, it is understandable why Bigg Digital Assets Inc. has found itself among many of the top penny stocks on the OTC Market. It will be interesting to see how they continue to differentiate themselves from the multitude of smaller companies trying to find their niche in the crypto market.

Price at publication: $1.69

2. Skye Bioscience (SKYE)

Skye Bioscience is currently among the top penny stocks, with more than 3 million shares traded on March 23rd. They are a biopharmaceutical company based out of San Diego, California. The business is focused on developing proprietary cannabinoid derivatives that can treat glaucoma and other diseases. Through the use of novel technology, Skye plans to create bioengineered, synthetic cannabinoid derivatives. By developing this new type of therapy, Skye believes that they can significantly enhance therapeutic benefits of their product.

Competitive Advantages and Opportunites

In their most recent Investor Deck, they allude to some of their proven advantages over their competitors. However, they have multiple clinical trials running, with key data coming out in Q2 of 2021. This leaves some questions in the air until then. One of the most interesting topics they covered in the deck was the current challenges the market faces when treating glaucoma. Whether it be systemic delivery or local delivery, there are a multitude of concerns when it comes to the effectiveness of current treatments involving THC. SKYE’s approach, however, utilizes bioengineering strategies that improve overall local delivery into the eye and avoid systemic effects.

Without getting too deep into the weeds(wink wink) here, I would like to relay how their processes work. The ECS, or endocannabinoid system, triggers biological actions that affect a person’s health. Based on peer-reviewed studies, it has been labeled as a valid target for pharmacological treatments. So, SKYE is taking this opportunity to explore new treatment methods in this juvenile area of medicine. Here is a link to many of their scientific articles that have been published in peer-reviewed journals.

Overall, SKYE has many challenges they must overcome to establish themselves as a leader in their sector. Although, with the help of their proprietary technology and intellectual property protection, the company has much room for success.

Price at publication: $0.12

3. American Battery Metals Corp. (ABML)

**To avoid confusion, this company is in the process of changing its name to American Battery Technology Company.**

As many of the electric vehicle stocks on the market continue to ascend to new highs, it is understandable to see why ABML has found itself among some of the top penny stocks. This company is focused on providing battery grade metals through their battery recycling and primary metal extraction operations. They recently won a global competition hosted by the largest chemical company in the world. Due to its low-cost and low-environmental impact, ABML has received a $4.5M grant from the Department of Energy for pilot validations.

Services Provided

American Battery Metals Corp. offers three main services. The first is lithium-ion battery recycling. The current ABML process completely recycles every critical element from a battery while producing zero waste. By doing this, the company can help the market create a more sustainable outlook.

Their next service venture is the process of extracting battery grade lithium at a low cost. Their current process involves recovering lithium products from brine, claystone, and other hard surfaces. They are still evaluating separate processes to more cost effectively carry out these processes. Moving forward, ABML also plans to investigate multiple emerging lithium extraction technologies.

Their final growing service covers critical mineral production. In Nevada, the ABML team looks to become a leader in producing critical minerals used in high quality batteries. This area of the company is still being built up. Using their own proprietary process, they will produce these elements in an environmentally sustainable manner.

Competitive Advantage and Market Outlook

ABML’s main pitch is that they hope to be one of the first competitors in the market to introduce a circular economy for batteries. The following excerpt from their most recent pitch deck seemed interesting to me.

Most importantly, the company consists of a highly experienced team with connections to Tesla’s Gigafactory and Battery Materials Processing team. Feel free to follow this link to see a version of this top penny stock’s most recent investor deck.

One of the issues that I could foresee in this company is the variety of renewable energies that are being created. Some of these include wind, solar, hydropower, and even nuclear energy. However, with almost all electric vehicles being created using battery power, it is difficult to knock the idea that batteries will continue to be relied upon in the near future. Additionally, as electric vehicles continue to become more mainstream, the market for renewing the lithium-ion batteries inside these vehicles should proportionally grow as well.

Finally, these lithium-ion batteries are not only located in electric vehicles. They also power consumer electronics, storage applications, as well as medical and industrial applications.

If interested, the company consistently releases new information to the press. This a sight to see compared to most other top penny stocks trading on the market today.

Price at publication: $1.51

4. Vivos Inc. (RDGL)

Vivos is a pharmaceutical company that is working on developing treatments to combat cancer. They are in the process of researching and producing minimally invasive treatments that target malignant tumors. The two products they are creating are called RadioGel (used on humans) and IsoPet (animals). The company aims to help destroy cancerous tumors by using their proprietary hydrogel formulation.

Brachytherapy Treatment

Brachytherapy is the treatment of cancer carried out by the insertion of radioactive devices directly into the tissue. This feature allows for safe delivery of high doses of radiation to radiation-resistant cancers. Pending approvals from the FDA and outside regulators, Vivos plans to introduce a new product line into this market. Based on previous studies, Vivos believes that some of the advantages their unapproved product will offer include: shorter half-life inside the body, lower manufacturing costs, and an optimized delivery method.

2021 Business Plan

In the year ahead, Vivos has outlined many objectives to expand their current product offerings and lay a foundation for their new line of products. In a recent release, their CEO, Dr. Mike Korenko, exclaimed that they “will continue to operate in a responsible manner.. as we work to achieve our key objectives.”

To conclude, Vivos has a current line of products that have been successfully produced and marketed. Although, they face many challenges in their mission of producing a new brachytherapy tool to treat cancers in humans and animals.

Price at publication: $0.11

5. Fandom Sports Media (FDMSF)

The last of the top penny stocks I will cover for this week is Fandom Sports Media. They are an entertainment company that has developed a proprietary gaming and micro-services platform for e-sports. Fandom’s mission is to revolutionize the way all involved parties interact with real-time gaming data.

Now, your first question may be, what exactly is Esports? And that is a completely fair question. Esports has risen from somewhat of a small YouTube cult to a nearly worldwide cohort of players and fans alike. Much like other sports, the teams are made up of coaches, players, and sponsors. Before COVID, some of the most prominent arenas in America, like Madison Square Garden, have sold out for Esports tournaments with the top players in the world competing. To further prove the legitimacy of its popularity, it has been reported that a “League of Legends” world championship had a nearly 50% larger audience than the 2019 Super Bowl.

Fandom Monetization & Competitive Advantages

In order to build revenue streams, Fandom plans to add “Fancoins”, White-Labeling capabilities, and iGaming features. Fandom, like most online entities, will produce much of its revenue through advertising from global partners. Outside of ads, Fandom plans to build a UI for in-game wagering with Fantasy and H2H options. Although there are companies that offer pregame wagering for Esports, many do not have the live action wagering option.

This is where Fandom looks to differentiate itself. Some of their engagement and iGaming advantages include Esports streaming, and dynamic betting props fueled by “Intelligent Analytics.” If you’d like, you can scroll through their most recent investor presentation here.

In the end, it seems that this company’s ability to succeed will be based on its potential to grow a loyal audience. Although they have received high levels of funding, they still have work to do on becoming a well-known part of this giant Esports market.

Price at publication: $0.39

Summary

In retrospect, it was very interesting to see that many of the top traded penny stocks on the OTC Markets are situated in popular sectors that are considered to have high growth potential in the future. A few of the stocks covered today are attempting to redefine cryptocurrency regulation, electric vehicle battery solutions, and even Esports entertainment. Tune in next week to see what other top penny stocks are steadily gaining popularity!

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*Disclaimer: The opinions expressed in the Blog are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product. It is only intended to provide education about the financial industry.