Major Penny Stocks Worth Monitoring: RDRSF / RDRS.C, AITX, IQST, ABML

It is almost always a good idea for investors to have a fair idea about the latest trends in the market and one way of doing so is by knowing about the stocks which may be on the radars of investors. This feature would provide you with a look into four stocks that have been under the scanner in recent days.

RDARS Inc (CSE: RDRS) (OTCQB:RDRSF) – The company has disruptive technology which is deployed for enhancing the security industry’s modus operandi in protecting residential, commercial, and industrial properties.

The technology combines protection with artificial intelligence which help with real-time response, analytics, data capture, and transmissions to public safety agencies. RDARS Inc announced on June 27 that it had been successful in concluding the initial testing and development phase of its cutting-edge Eagle Nest Off-grid solution. It also allows for the system to be deployed anywhere in the SpaceX Starlink operational network. Eagle Nest offers strong connectivity options which include Wi-Fi, LOS radio communications, and cellular.

On June 20, RDARS announced that it had gone into a sales agreement for supplying four Eagle Watch Systems to Steinhardt Construction. As per the agreement, Steinhardt would get deployments of the Eagle Watch Platform at the construction site at Eden Gardens, Orlando. It was a significant breakthrough for RDARS. It marked the first deployment of its “Real Time Autonomous Drone in a Box” product into another marketing vertical. Eden Gardens is a major residential development consisting of 255 homes in three phases.

Artificial Intelligence Technology Solutions Inc (OTC:AITX) – The company is an innovator in the field of artificial intelligence-powered solutions. These solutions help in providing new insights and help in solving major challenges.

On July 18 Artificial Intelligence Technology Solutions Inc announced that it had made a gross profit of $293,697 in the first fiscal quarter. That reflected a significant year-on-year increase from the $91,433 in gross profits recorded in the prior year period. It worked out to year on year rise of 221%. It is a fully reporting company to the United States Securities and Exchange Commission. It files detailed quarterly and annual reports with the agency.

iQSTEL Inc (OTC:IQST) – The United States-based multinational company is currently working on a NASDAQ uplisting. iQSTEL Inc is intent on serving the basic needs of human beings in the modern world by making some of the vital tools available regardless of socioeconomic status, race, ethnicity, identity, or religion. On July 12 the company announced that its revenues for the second fiscal quarter had surpassed expectations.

Preliminary accounting revealed that the company recorded revenues of $32.5 million in the second quarter as opposed to $24.6 million in the previous quarter. That reflected a sequential rise of 32%. Leandro Iglesias, the Chief Executive Officer of the company, noted that iQSTEL was on course to surpass the yearly revenues projection of $120 million. He went on to add that historically the company generated higher revenues in the second half of the year.

American Battery Technology Company (OTC:ABML) – The company is in a unique position to supply low environmental impact, domestically sourced, and low-cost battery metals through its three divisions. The three divisions are engaged in primary resources development, lithium-ion battery recycling, and primary battery metal extraction technologies. American Battery Technology Company has successfully built a clean technology platform that seeks to meet the insatiable demand for strategic and critical battery materials from the consumer electronics, electric vehicles, and electrical grid storage sectors.

On June 6 the company announced that it had hit all the necessary milestones related to the first phase of the United States Department of Energy’s $4.5 million grant project for the operations, construction, and design of lithium hydroxide from sedimentary claystone system in Nevada. The company managed to achieve the technical and performance milestones which had been stipulated.

 

 

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