Premarket OTC Stocks to Watch
Exobox Technologies Corporation (EXBX), Hammond Industries, Inc. (HMDI), and Zevotek, Inc. (ZVTK) are among today’s top premarket OTC stocks to watch.
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Exobox Technologies Corporation [[EXBX.OB]], a development-stage company developing information risk management and security solutions, is seeing continued interest despite announcing on October 1st that it has implemented a plan to curtail operations and pursue asset sales or technology licensing arrangements due to a lack of funding. Investors are hoping that these arrangements will close the $987,000 deficit in net tangible assets and generate value.
Hammond Industries, Inc. [[HMDI.PK]] shares are seeing increased interest after moving up more than 40,000% to $0.23 per share on the Pink Sheets on volume of over 4 million shares. The company entered into an agreement to effect a reverse merger of 100% of Delta Seaboard Well Service into Hammonds. The name Hammonds will be changed to Delta Seaboard International and a new symbol will be obtained.
Zevotek, Inc. [[ZVTK]], which markets and distributes consumer products, is seeing increased interest after the company announced that it has terminated its factoring agreement with Star Funding and severed the lender’s security interest in its Ionic Bulb sales program, and looks forward to announcing a new funding deal. The company also announced plans to sell the Ionic Bulb using a new 2-minute TV infomercial.
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