We all look for stock plays that can provide near term profits and we want to point out these four potentials and bring attention to a new blockchain report we will have ready 2-16-22 near market open that should do very well.
HUMBL Inc. (OTCQB: HMBL) also known as Humble & Fume (CNSX: HMBL), has added a supply agreement with BRNT Ltd. through its wholly-owned subsidiary Windship Trading, to add depth to Humble & Fume’s distribution business. The company will supply Humble with BRNT’s assortment of cannabis accessories, led by its acclaimed Hexagon bong, for distribution through Windship’s network of thousands of retail accounts across the United States and globally. Humble & Fume’s latest quarterly results indicate their Canadian operations experienced 27% organic revenue growth year-over-year, while gross margins increased 30% over the same time frame.
Windship Trading has grown to become a leading distributor of cannabis consumption devices and accessories for dispensaries in the United States. The company caters to the needs of dispensary and smoke shop retailers worldwide in the cannabis industry. It has active operations in San Marcos, Texas, Denver, Colorado, Las Vegas, Nevada and Los Angeles, California. With the U.S. cannabis industry expected to expand at a CAGR of 26.7% from 2021 to 2028, the company is forming the alliances to help it capture a substantial portion of that U.S. industry growth.
PHI Group Inc. (NV) (OTCPNK: PHIL) is a holding company engaged in PHILUX Global Funds, the Asia Diamond Exchange project in Vietnam, mergers, acquisitions and investing. The company just announced that HHT Global Co. Ltd., a Vietnamese limited liability company, has signed an agreement with PHI Group to join the PHILUX Global Subfund for agriculture. HHT Global and Empire Spirits, Inc., a subsidiary of PHI Group, Inc., will immediately cooperate to grow sorghum for Empire Spirits, Inc. and Five-Grain Treasure Spirits, a baiju distiller company. Baiju is distilled from sorghum, similar to vodka and is currently the most consumed spirit in the world.
According to the Five-Grain/Empire Spirits development plan, these companies will follow a three-prong growth strategy: (1) grow sorghum using its proprietary seed and technology, (2) ferment and process sorghum to produce bulk spirits and supply to other beverage companies and (3) develop its own brand using proprietary manufacturing methods and preferred distribution channels. By reaching these goals, Empire Spirits would be able to generate an average of $3.5 billion in revenues and $1.6 billion in net profit per year from operations during the first two years. The potential for explosive growth at PHIL is high.
Most investors are familiar with AMC Entertainment Holdings, Inc. (NYSE: AMC) either because they are movie goers, or they remember the Reddit led short squeeze from 2021. Through its subsidiaries, the company owns, operates, or has interests in movie theatres. As of March 12, 2021, it operated approximately 1000 theatres and 10,700 screens in the United States and internationally. In recent news, AMC announced that Ellen Copaken will be joining AMC as the vice president of Growth Strategy, effective Feb. 18. Copaken previously served as an executive for Pepsi, Frito-Lay and Hostess Brands.
AMC has a new popcorn initiative. AMC announced last November that it has plans to capture a piece of the growing multi-billion-dollar popcorn market installing popcorn kiosks and stores at select locations, like mall retail stores.
With the short position in the company’s shares currently hovering in the 20 percentiles, there is much talk about the potential for another short squeeze for 2022. The potential is there because AMC’s movie theaters are beginning to fill up again with 90% of them operating. The company is flush with cash, bringing in new management talent and expanding operations. When the stock market rebounds as it always has, AMC share could begin to gain, making short positions less tenable. With the AMC share price down with the stock market, and a high level of shorts, a squeeze play looks really possible.
On January 24 this year, 88 Energy Ltd. (OTCQB: EEENF) announced it had begun trading as an OTCQB stock.
The company engages in the exploration of oil and gas properties in the United States. The company holds a 59% working interest in the Icewine project, which covers an area of approximately 231,000 acres located in North Slope of Alaska, the United States. It also holds a 100% working interest in the Yukon Gold leases covering an area of approximately 15,235 acres located on the eastern border of the Central North Slope of Alaska. In addition, the company has a 50% working interest in Peregrine project covering an area of approximately 195,373 acres located in the NPR-A region of the North Slope of Alaska.
The company just confirmed last week that their Permit to Drill has been approved by the Bureau of Land Management for the Merlin-2 appraisal well, located in Project Peregrine in the NPR-A region of the North Slope of Alaska. The Merlin-2 well is now scheduled to spud in early March 2022 with drilling expected to take approximately 3 – 4 weeks, including wireline logging. The Merlin-2 appraisal well is planned for a Total Depth of 8,000 feet and is targeting 652 million barrels of oil.
Traders News Source LLC (TNS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering small and micro-cap equity markets. TNS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE, NASDAQ and OTC exchanges. The other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
TNS LLC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES
The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third-party research service company (the “Reviewer”) represented by a chartered financial analyst, for further information on analyst credentials, please email email@example.com. TNS LLC provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written, and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author per the procedures outlined by TNS.
TNS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents, or reports. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
TNS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake, or shortcoming. No liability is accepted whatsoever for any direct, indirect, or consequential loss arising from the use of this document.
TNS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, TNS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness, or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither TNS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit https://www.tradersnewssource.com.
For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer be featured on our coverage list, contact us via email at: firstname.lastname@example.org
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: Traders News Source