TNS Comprehensive Research on The Hottest OTC Stocks
November 30 2020 - 8:35AM
InvestorsHub NewsWire
New York, NY -- November 30,
2020 -- InvestorsHub NewsWire -- Traders News Source, a
leading independent equity research and corporate access firm
focused on small cap growth companies issues a new research
report.
BioRestorative Therapies,
Inc. (OTCPINK:
BRTX) announced recently that its amended joint plan
of reorganization has become effective and it has emerged from
Chapter 11 reorganization. Pursuant to the confirmed plan of
reorganization, the Company has received $3,848,000 in financing.
The confirmed plan of reorganization also provides for additional
funding, subject to certain conditions, of $3,500,000 less the sum
of the debtor-in-possession financing provided to the Company
during the reorganization (approximately $1,227,000) and the costs
incurred by the debtor-in-possession lender. The company is now
free to continue its clinical trials.
PCT Ltd. (OTCPINK:
PCTL) is involved with environmentally safe
disinfecting, cleaning, and tracking technologies which are
commercialized through its wholly owned operating subsidiary,
Paradigm Convergence Technologies Corporation. After months of
negotiations, PCTL was able to settle the $2,150,000 in debt for
$625,000 and the issuance of 123,000,000 shares of common stock.
The settlements also included the cancellation of 447,140,272
warrants. As of November 23, 2020, PCTL had 723,737,000 shares of
common stock outstanding and only 530,000 warrants outstanding:
with exercise prices ranging from $0.10 to $2.00.
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It’s been a few months since
Southcorp Capital, Inc. (OTCPINK:
STHC) issued any statements regarding company
developments, but here is what we know from their last update. In
August, there was a change of control with Mark Bolster acquiring
control through a super voting preferred class of shares from
Synergy Management and there was a confirmation of STHC's business
model shift to the mining industry. "The focus and strategy going
forward in the coming months will be to bring the status of the
company current with OTC Markets, and to complete a reverse
takeover with AMECA Mining," stated Mark
Bolster. Southcorp Capital, Inc. has started compiling the initial
information to OTC Markets needed to become current. In connection
therewith, the company also plans to seek a name and symbol change
by application to FINRA to better reflect the newly combined
company's new business model. Management expects that such
milestones will be completed in the coming
months.
Progressive Care, Inc.
(OTCQB:
RXMD) a personalized healthcare services and
technology company, announced performance data for the three
months ended September 30, 2020, including strong topline and
bottom line growth, positive EBITDA, increased margins and
continued strong cash resources on hand at the close of the
quarter.
Consolidated gross sales across
all locations during the three months ended September 30, 2020,
totaled $10.7 million.
Prescriptions filled during 3rd
Quarter were over 138,000.
Margins increased from 24% to 27%
during the quarter (on a year over year basis).
Positive EBITDA of $300,000 for
the quarter (Non-GAAP Measure).
Cash and cash equivalents stood at
$1.6 million as of September 30, 2020; and
The Company’s COVID-19 Testing
services continue to expand, with growth in clients accelerating as
the number of COVID-19 cases increases in the northern hemisphere
and businesses seeking outpatient/on-site services utilize the
Company’s 15-minute rapid results testing
solution.
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