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Sub-Penny Tech Stock Watchlist: ATVK, GAXY, DPLS, HMBL

The focus on Wall Street is always on tech giants with big balance sheets, huge followings, and massive shares in their respective sectors. However, there are a few small over-the-counter (OTC) tech stocks with big potential that could be the next big thing in their respective sectors. Let's take a look at a few of those stocks: ATVK, GAXY, DPLS, and HMBL

Ameritek Ventures (OTC:ATVK) is an emerging tech company offering exposure in the cutting-edge fields of robotic technology, artificial intelligence, and blockchain cloud software. Augmum is the subsidiary that has positioned the company for tremendous growth around emerging augmented reality and machine learning technologies. The unit is leveraging these two revolutionary technologies to enhance the control of robot arms with gloves and glasses.

Augmum robotic technology is operated using virtual reality and real-time monitoring, making the execution of tasks rapid and accurate. Consequently, Ameritek Ventures has a robotic technology that could help replace manual work and eliminate an excessive workforce.

The robotic technology at hand is expected to replace manual work and eliminate excessive workforces in various industries. Consequently, it is expected to strengthen Ameritek Venture's push for market share and value in the robotic technology market, which is expected to reach $283 billion by 2032 from $72 billion as of 2022.

On June 14, 2023, Ameritek Ventures confirmed that its subsidiary Augmum Inc. has been working on HaliOas augmented reality glasses integrated with artificial intelligence. The integration paves the way for applying the company's robotic technology in the medical, construction, and military industries to provide critical end-user information.

HaliOas is a game-changing artificial intelligence augmented reality headset designed to make it easy for users to project information. Designed to be used all day, it allows people to project information and is one of the many technologies in the Ameritek Ventures pipeline.

The headset overlays virtual information in the physical world, therefore being able to imitate the screen and functionality of smartphones, including map navigation.

"It is a high-quality and affordable AR solution that can enhance their experience with our AI-integrated robotic arm technology. Our AR glasses will enable users to interact with the robotic arm more intuitively and immersive and access various applications and features that can improve their productivity and efficiency," said Shaun Passley, Ph.D., CEO of Ameritek Ventures, Inc.

Integrating artificial intelligence technology into augmented reality software will highlight the items that end users can focus on. Ameritech's Augmum is already looking to offer the AI-powered AR headset at highly discounted prices below $500. According to the company, the only way to ensure mass adoption of the revolutionary technology is to ensure that the glasses are priced at around or below $500.

Pricing the AI-powered, augmented reality headsets for less than $500 is the only way of ensuring that end users experience the functionality of the revolutionary technology without paying a high price. Likewise, it is likely to fuel mass adoption.

Galaxy Next Generation, Inc. (OTC: GAXY) is an OTC tech stock for anyone looking to gain exposure to developing interactive learning technology solutions and school communication platforms. The company's platform and solutions allow presenters and participants to engage in a collaborative instructional environment in the United States.

The company's platforms and solutions continue to elicit strong interest in the purchase orders of at least $100,000 received on June 13, 2023, under its contract with Licking Heights Local School in Ohio. It is a repeat order from an initial contract a year ago that marked the company's first entry into the market. Additional orders underscore the value as the products generate more loyal customers.

Gary LeCroy, Galaxy's Chief Executive Officer, commented, "This repeat order from Licking Heights, Ohio, is significant as our initial contract from a year ago marked our initial entrance into the Ohio market. Additional orders from existing customers demonstrate the value add of our products and our excellent customer service."

The $100,000 order builds on a $200,000 order that Galaxy Next Generation received earlier in the month. The order is for the supply of G2 Bell, Paging Intercom, and Click BPIC hardware and G2 Communicator software for five northeast Ohio school districts.

The orders are being fueled by the company's distribution channel, which consists of over 22 resellers across the US. The resellers are relied upon to sell the company's products within the commercial and education markets. While the company does not control where the products are sold, most end up in the K–12 education market, which makes up the largest customer base.

DarkPulse, Inc. (OTC: DPLS) is a technology security company that designs, develops, and markets a suite of engineering installation and security management solutions to industries and governments across the US. Even as the company focuses on security management solutions, on August 1, it confirmed its push for value in the medical space.

The company's joint venture, Neural Logistics, is seeking Humanitarian Use Device designation for its prosthesis, a device used to restore speech to cognitively intact individuals. The company is seeking authorization from the US Food and Drug Administration for the use of the device in individuals suffering from movement-impairing conditions such as ALS, Locked Syndrome, and others.

“I am excited by the prospect of offering immense quality-of-life improvements for ALS and locked-in patients who are currently unable to communicate, despite being cognitively intact. Requesting Humanitarian Use Device designation from the FDA is a key milestone towards that goal,” said Dr. Phil Kennedy, MD, Ph.D., co-CEO with co-CEO Dennis O’Leary of Neural Logistics LLC.

The device in question uses the Neuronexus Neurotrophic Electrode (NXNE), which can measure and transmit ongoing neural activity. It also comes with in-built algorithms capable of decoding neural activity into speech. Recent trials conducted in rats using novel electrodes indicate that machine learning algorithms built by a partner in Los Angeles can successfully decode two different brain signals with above 95% accuracy.

The results are key to successful speech prostheses for movement-impaired individuals. Likewise, they position DarkPulse on track in its bid to improve the quality of life of people with ALS who are unable to communicate despite being cognitively intact. Requesting the Humanitarian Use device designation from the FDA is an important milestone in the company's plans.

While current Implants used by Neuralink to improve speech in ALS patients start with high-quality signals, they tend to degrade over time due to the body's immune response. On the other hand, the DarkPulse NXNE electrode deploys a unique approach that ensures neurons grow into the implant, therefore, leading to viable long-term signals that make it stand out. Additionally, it curbs any signal deterioration.

HUMBL, Inc. (OTC: HMBL) is another highly prospective OTC tech company making a name for itself by offering digital commerce platforms that connect consumers, merchants, and governments in a digital economy. It provides a HUMBL Wallet that allows people to send and receive digital assets.

The company's prospects in the digital economy realm were boosted as the company was selected on July 18, 2023, as the Official Technology Platform of the Arena Football League. The two are to work together on the website and digital wallet ticketing integrations, among other things.

Similarly, the two companies are to partner in developing a digital platform powered by HUMBL that will integrate multiple technology and ticketing partners. The ultimate goal is to enhance the digital fan experience using new technologies.

Humbl is to work with the AFL to market the league and the game of Arena Football. In return, the company is to receive a percentage of the revenues from all ticket sales throughout the lifecycle of the partnership.

Likewise, Humbl moved to strengthen its financial position, having achieved significant milestones in accordance with its comprehensive plan on June 15, 2023. Consequently, the company retired its $19 million in debt. In some cases, it accomplished the same by negotiating the debt settlement through the issuance of the company's shares above the market price.

"I believe this is an important step in positioning HUMBL to meet the requirements necessary for uplifting to a major exchange and appreciate our team's efforts in negotiating these outcomes." HUMBL CEO Brian Foote said.

Humbl plans to focus more of its capital on core operations going forward as it looks to retire its remaining debt. On the other hand, the company is also committed to minimizing dilution and reducing selling pressure on the stock by amending the terms of its Series B preferred stock, which will prevent conversion into common stock.

Debt reduction came against the backdrop of HUMBL moving to allow social users to interact with artificial intelligence in the network on June 14, 2023. The company launched HeyBLUE, an AI chatbot that allows people to perform various tasks, including document generation, text generation, text summarization, and language translation. The integration is part of the company's push to unlock new growth opportunities in the race for shareholder value.



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