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Tag: penny stock

  • Is the sentiment expressed is pleasing? Fannie Mae [FNMA]

    Is the sentiment expressed is pleasing? Fannie Mae [FNMA]

    The share price of Fannie Mae (FNMA) closed down 2.07% on Thursday to $0.9160, trading between $0.9420 and $0.8990 during the day. In the last month, shares of FNMA declined more than -16.35%, with an average volume of more than 4.69M shares. Over three months, FNMA stock fell over -33.14% while the average volume was 8.19M. Over the past year, the stock has lost over 54.96% of its value, reaching a high of $3.2500 with a market cap of $1.06B.

     

    What happened recently?

    September 20, 2021, Fannie Mae (OTCQB: FNMA) announced that it will engage in new credit risk transfer (CRT) transactions in the fourth quarter of 2021. As part of its Connecticut Avenue Securities® (CAS) and Credit Insurance Risk TransferTM (CIRTTM) programs, the company will transfer mortgage credit risk. 

    Details about possible CRT issuance plans can be found at Credit Risk Transfer Update Frequently Asked Questions.

    To learn more about Fannie Mae’s CRT programs, please visit https://capitalmarkets.fanniemae.com/credit-risk-transfer.  

     

    About Fannie Mae,

    With Fannie Mae, millions of Americans can get a 30-year fixed-rate mortgage and find affordable rental housing. To make housing opportunities available to families across the country, the Company partner with lenders. Making home buying simpler and less stressful while reducing costs is what FNMA is doing in housing finance.

  • Looking Under the Hood: What’s Happening to Strikeforce Technologies Inc [SFOR]

    Looking Under the Hood: What’s Happening to Strikeforce Technologies Inc [SFOR]

    Strikeforce Technologies Inc (SFOR) closed up 37.00% on Wednesday at $0.0885 and has been trading in a day range of $0.0947 to $0.0675. Shares of SFOR surged over 110.71% in the last month; with an average volume for the month over 7.82M shares. If we look at three-month performance, SFOR stock gains over 68.57%, while the average volume for the stock was 5.46M. 

    It is likely that the increase has been influenced by the announcement made yesterday by Strikeforce Technologies, Inc. (OTCQB: SFOR). When Company provided an update on its growth strategy and plans to terminate the offering on Form 1-A of Regulation A.

    Management Commentary 

    StrikeForce CEO Mark L. Kay expressed his delight when he announced that the company would close its Reg A offering, as previously stated. A strategic investor saw an opportunity to invest and help SFOR reach its minimum funding goal, he added.

    “We believe that with this latest round of investment, SFOR can now expand its corporate growth strategy and hire additional sales and marketing employees. In the authentication, endpoint security, and video collaboration spaces, we require technical people in order to capitalize on our timing and competitive advantage. Our research estimates that these three technologies will generate $100B in sales by 2026. We are the only cyber security company that addresses all three issues, as well as offering patented products, “concludes SFOR’s Kay.

    Company’s Profile

    By protecting consumers, corporations, and government agencies from cyber theft and data security breaches, SFOR provide cybersecurity solutions. It provides a powerful two-factor, “Out-of-Band” authentication, keystroke encryption along with mobile solutions. StrikeForce Technologies, Inc. (OTCQB: SFOR) has a headquarters in Edison, New Jersey, and is reachable at www.strikeforcetech.com or by phone at (732) 661-9641 or toll-free at (866) 787-4542.

     

  • Conservative And Fairly Valued: Ilustrato Pictures International (ILUS)

    Ilustrato Pictures International Inc – Ordinary Shares (OTC-ILUS) stock recorded a fall of -3.79% to $0.3605 at the previous close. ILUS performance over the last week was 99.17% versus its monthly performance of 400.69%.

    Most recent Development

    Sept. 17, 2021, In an update to its current European acquisition, ILUS International (Ilustrato Pictures International Inc) explains that the deal is currently nearing conclusion

    ILUS is a company focused on worldwide acquisitions and the development of technology-based businesses. Currently, multiple acquisitions are being completed in the US and Europe. They have already completed three acquisitions in 2021. This is the first update on the company’s ongoing large European acquisition since it recently provided an update on its US acquisition strategy and progress on 13 September 2021.

    ILUS has been considering the possibility of buying a large manufacturing facility for the past six months. According to ILUS Managing Director John-Paul Backwell, the acquisition of the manufacturing plant is now in its last stages. In partnership with the government of the country, ILUS has confirmed that this is a major deal of partial privatization.

    ILUS is actively pursuing a very significant government contract for manufacturing a new range of firefighting vehicles that meet Euro 6 emission standards over a five-year period linked to the manufacturing facility acquisition.

    ILUS is currently working through the legal aspects of the acquisition of the manufacturing plant and the related manufacturing contract. ILUS will use this colossal facility not only for government contracts but also for the large-scale production of firefighting vehicles and equipment and its commercial electric utility vehicle line, which will be available around the world.

     

  • Fernhill Corp (FERN) In A Tricky Spot Between Opportunity And Execution

    Fernhill Corp [FERN] stock was booming at the previous close as it surged 43.59% to $0.0336. FERN recorded a Volume of 297.59M against the 30-day Average Volume of 81.58M. During the last 52-week period, the stock value ranged from $0.0004 to $0.0341. There was no latest publication revealed in recent days.

    The previous update about the stock was on September 9, 2021, when Fernhill Corporation (OTC PINK: FERN) has named Nathanael Coonrod as Executive Vice President of Engineering.

    To name a few, Nathanael has led engineering and development teams at Tesla, Rogers Corp, and Fogchain prior to joining FERN. Among Nathanael’s responsibilities at Fernhill, he will ensure the smooth integration between all existing and upcoming acquisitions, developing synergies, and establishing a technology roadmap for growth.

    As Fernhill announced on August 25, 2021, that it was acquiring a digital asset trading platform, synergies are incredibly important. In a statement, FERN announced it had signed a Letter of Intent (LOI) to purchase a digital asset cryptocurrency trading platform.

    To enhance its business operations within the cryptocurrency and blockchain industries, the company recently signed an LOI to acquire a firm offering technology, strategy development, automated algorithmic trading, order routing algorithms, and risk exposure analytics to banks and hedge funds. A key feature of the target’s technology is that it offers seamless liquidity on a global scale through its direct integration with over 25 different leading cryptocurrency exchanges. The platform is designed to be a bridge between cryptocurrencies and traditional platforms for trading.

    About Fernhill (FERN):

    FERN develops, acquires, and deals in highly specialized software for mining cryptocurrencies, digital asset trading, e-commerce, and infrastructure management, which is used to simplify, optimize and automate the blockchain ecosystem. In addition to supporting and pursuing environmental, social, and governance initiatives, Ferrhill is a member of the Crypto Climate Accord (CCA).

     

     

     

  • Here’s Why Zion Oil & Gas, Inc. (OTCQX: ZNOG) can Beat the Pack

    Here’s Why Zion Oil & Gas, Inc. (OTCQX: ZNOG) can Beat the Pack

    Zion Oil & Gas, Inc. (OTCQX: ZNOG), stock was down -9.30% to $0.1746. The stock’s average volume over the last 30 days was 1,238,242 with the Market Capitalization of 49,875,581. There is no recent update regarding the stock, even there are only two publications made by the company in the whole of 2021.

    2021 Highlights

    April 12, 2021- Zion Oil & Gas, Inc. (OTCQX: ZNOG) revealed that it had completed drilling on the second section of the Megiddo-Jezreel #2 (MJ-02) well and launched a new Unit Program for 2021 exploration.

    For Zion meeting, its overall objectives, reaching the intermediate target zones with a borehole capable of supporting the casing and production tubing to create a viable well was very important. At that point, Zion had to complete the logging, casing, and cementing of that section and then pursue drilling toward the ultimate target zones.

    On Feb. 1, 2021, Zion Oil & Gas, Inc. (OTCQX: ZNOG) revealed its successful drilling of the first section of the Megiddo-Jezreel #2 (MJ-02) well and launched a new Unit Program to help fund Zion’s 2021 exploration program.

    A Zion drill crew comprising eight countries is nearing completion of Section 1 of MJ-02 drilling campaign at a depth of approximately 3,000 feet during a pandemic. Prior to running one section of casing, the drilling crew was set to perform downhole measurements (wireline logging).

    Zion Oil & Gas explores oil and gas on its 98,900 acres in the Megiddo-Jezreel license area on the Israeli mainland. The company is listed on the OTCQX Best Market.

     

     

     

  • Read this Insightful Rise Gold (OTC: RYES) Analysis Before You Invest

    Rise Gold (RYES) closed down -0.64% on Monday at $0.4530 and has been trading in a day range of $0.4530 to $0.4091. Shares of RYES surged over 9.82% in the last month, with an average volume for the month over 12.12K shares. If we look at three-month performance, RYES stock gains over 2.05% while the average volume for the stock was 15.27K. During the last 12 months, the stock fell 28.23%, reaching a high of $0.8300 with a market cap of $12,126,945. There are no latest publications revealed by the company recently. In fact, the last two news announcements about the company are following.

    Latest Publications

    June 30, 2021 – Rise Gold Corp. (OTCQX: RYES) announced that the Corporation’s annual general meeting passed all proposed resolutions. Thomas Vehrs, John Proust, Larry Lepard, Benjamin Mossman, and Murray Flanigan were all elected to serve as directors for the Corporation. Davidson & Company LLP were reappointed as auditors.

     

    In a Press release on June 24, 2021, RYES announced that the Nevada County community has expressed firm support for the reopening of the Idaho-Maryland gold mine on the Company’s private lands.

    Wallin Opinion Research conducted a survey of Nevada County recently, which shows strong local support for the IMM Project, as well as providing insight into issues and priorities.

    • Most survey respondents (59%) supported reopening the Idaho-Maryland Mine, and only 34% opposed it.
    • All five of the County’s districts, each represented by an elected supervisor, support the project with a majority.
    • Among the top issues facing the community, according to the survey results, are poverty, jobs and the economy, wildfires, homelessness, and affordable housing.
    • Sixty-six percent (66%) of respondents had heard of the IMM Project proposal.
    • Most respondents believe that the Nevada County Board of Supervisors should approve the IMM Project (58.4%-YES: 33.8%-NO).
    • “YES” responses significantly outweighed “NO” responses among all demographic groups, including district, gender, and age.

    About the Company

    A Nevada-based exploration-stage mining company, RYES, is based in Nevada. Historically, the Idaho-Maryland Gold Mine is the Corporation’s most valuable asset. It produced 2,414,000 oz of gold at an average mill head grade of 17 gpt of gold between 1866 and 1955. Technical Report on the Idaho-Maryland Project dated June 1st, 2017 is available on www.sedar.com and contains historical production figures for the Idaho-Maryland Mine.