OTC Buzz Tracker #7 – Five Stocks in Focus: MVNT, XXII, LNTO, RITE and WAST

OTC Buzz Tracker #7 – Five Stocks in Focus

Today’s OTC Buzz Tracker

Today’s stocks:

MVNT — Movement Industries

XXII — 22nd Century Group

LNTO — Lelantos Holdings

RITE — MineralRite Corporation

WAST — Waste Energy

These five companies offer very different stories, from a company with limited recent disclosure to a tobacco business working to improve its financial position, a family-entertainment operator expanding its footprint, a mineral exploration project, and a waste-to-energy system nearing a reported operational milestone.

Ticker note: XXII trades on Nasdaq. The other four are OTC-traded securities.

Here’s what has my attention.

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1. Movement Industries (OTC: MVNT)

The Buzz

MVNT stands out for a reason that calls for extra due diligence: limited recent public information.

OTC Markets identifies Movement Industries as a Pink Limited company, and its public news page lists a press release from August 2023 as its most recent release. That makes it difficult to assess the company’s current business activity or identify a fresh catalyst from company news alone.

Disclosure Is the First Question

For a company with limited recent disclosure, investors may have a harder time evaluating its operations, financial condition, management plans, and capital structure.

That means the first question for MVNT is not what the company might do next. It is what the latest available disclosures can reliably tell investors about the business today.

What Investors Should Watch

For MVNT, I would focus on:

• New company disclosures or press releases
• Updated financial information
• Current business operations
• Management’s stated plans
• Share structure and potential dilution
• Whether the company provides enough current information for investors to evaluate its progress

My MVNT Buzz Assessment

🔴 Buzz Level: Highly Speculative

What I’m Watching: Updated company information and evidence of current operations.

Without more recent public information, it is difficult to build a current picture of MVNT. Any investor researching the ticker should begin with the company’s latest available disclosures.

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2. 22nd Century Group (NASDAQ: XXII)

The Buzz

22nd Century Group is different from the other names on today’s list because XXII trades on Nasdaq, not the OTC market. I’m including it because the company’s preliminary third-quarter update and recent financing activity give investors several concrete developments to assess.

The company works in tobacco products, including reduced-nicotine-content cigarettes. Its story now centers on whether it can improve operating performance while managing its financing needs.

Preliminary Results Show a Mixed Picture

In an October update, the company estimated third-quarter revenue of approximately $4.8 million, compared with $2.9 million in the second quarter. It also estimated gross profit of about $400,000, an operating loss of roughly $2.6 million, and a net loss of approximately $2.6 million. The company reported estimated cash of about $3.9 million at quarter end. These figures were preliminary and unaudited.

The company also disclosed that it had sold approximately 15.8 million shares through its at-the-market offering during October, generating about $4.7 million in gross proceeds. Its filing reported approximately 19.2 million shares outstanding as of October 23.

The higher estimated revenue is worth watching, but investors also need to consider the continuing losses, cash position, and share issuance.

What Investors Should Watch

For XXII, I would focus on:

• Final third-quarter results
• Revenue and gross-profit trends
• Operating expenses and cash use
• Additional financing
• Share count and potential dilution
• Progress in the company’s reduced-nicotine products and commercial strategy

My XXII Buzz Assessment

🟡 Buzz Level: Elevated / High Risk

What I’m Watching: Whether higher revenue can develop into improved margins and a more sustainable financial position.

The preliminary results offer a measurable update, but revenue growth by itself does not resolve the company’s operating losses or financing needs.

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3. Lelantos Holdings (OTCID: LNTO)

The Buzz

Lelantos Holdings is now the parent company of Airtopia Adventure Parks, a family entertainment business operating five parks across California, Oklahoma, and Texas.

In an October 22 company release, Lelantos reported approximately $8.795 million in preliminary, unaudited park-level sales and receipts for the nine months ended September 30. That was up about 11.8% from the same period in 2025. The company also reported that third-quarter totals were up approximately 21.7% year over year.

Expansion Is Driving the Growth

The company attributed the overall increase to its two newer parks, which contributed approximately $1.286 million in reported receipts through September. At the same time, sales at the three established parks were down about 4.5% year to date.

That makes the expansion story interesting, while also raising a question: can the new locations keep contributing, and can the established parks stabilize?

The reported figures are preliminary and unaudited, so investors should look for the next consolidated financial disclosures to understand how Airtopia’s operating results appear in Lelantos’s financial statements.

What Investors Should Watch

For LNTO, I would focus on:

• Consolidated financial disclosures after the Airtopia transaction
• Performance at the two newer parks
• Whether sales at established parks stabilize
• Costs associated with expansion
• Cash needs and financing
• Share structure and potential dilution

My LNTO Buzz Assessment

🟡 Buzz Level: Elevated / Speculative

What I’m Watching: Whether reported park-level growth turns into durable results across the five-park portfolio.

LNTO has a developing operating story and recent growth figures to follow. The key question is whether that growth can continue while the company manages the costs and financial demands of expansion.

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4. MineralRite Corporation (OTC: RITE)

The Buzz

MineralRite’s story is tied to its Skull Valley project in Arizona and the company’s ability to secure the financing needed to advance it.

The company announced plans for a Phase 2 project, but that work remains subject to financing. MineralRite has not yet established a compliant mineral resource or reserve for the project, so investors will need more technical and financial information to evaluate its potential.

Financing and Share Structure Matter

MineralRite’s recent corporate transactions add another layer for investors to examine. The company announced a transaction involving the cancellation of nearly 2 billion common shares. Related filings also describe preferred shares that may be convertible into a large number of common shares.

That makes it important to read the transaction details closely. A headline about reducing common shares does not, by itself, show the full potential impact on the company’s capital structure.

The company’s second-quarter filing reported no revenue and cash of approximately $9,580 as of June 30, underscoring the financing challenge facing a project that still needs capital to move forward.

What Investors Should Watch

For RITE, I would focus on:

• Financing for the Skull Valley project
• Further technical information about the property
• Any compliant resource or reserve disclosure
• Project costs and development timelines
• Details of preferred shares and conversion terms
• Updated financial statements and share structure

My RITE Buzz Assessment

🔴 Buzz Level: Very Speculative

What I’m Watching: Whether the company can fund the project and provide clearer technical and capital-structure disclosures.

The project may attract interest, but its development depends on financing and evidence that supports the project’s potential. The company’s financial position and share structure deserve close attention.

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5. Waste Energy (OTC: WAST)

The Buzz

Waste Energy is approaching a potential operational milestone. In an October 26 company update, management estimated that its first system was 85% to 90% complete and set a target of December 1 for operational readiness.

That is a company target, not a completed milestone. Investors will want to see whether the system reaches operation on schedule and what measurable results follow.

Completion Is Only One Part of the Story

Waste Energy’s second-quarter filing reported approximately $105,833 in revenue for the first six months of the year, cash of about $26,422, and negative working capital of roughly $4.99 million. The filing also raised substantial doubt about the company’s ability to continue as a going concern.

The company’s shareholders approved an increase in authorized shares from 400 million to 1.6 billion. An increase in authorized shares does not mean those shares have already been issued, but it is a capital-structure development investors should track.

What Investors Should Watch

For WAST, I would focus on:

• Whether the system reaches operational readiness
• Third-party or customer confirmation of performance
• Revenue generated by the system
• Financing and working-capital needs
• New share issuance and dilution
• Updated financial filings

My WAST Buzz Assessment

🔴 Buzz Level: High Risk / Highly Speculative

What I’m Watching: Completion of the first system and evidence of commercial operation.

The reported construction progress gives investors a milestone to watch. The company’s financial position means that reaching operational readiness will need to be followed by evidence of funding, performance, and revenue.

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Today’s OTC Buzz Ranking

Based on the combination of recent developments, identifiable milestones, and the quality of information currently available, my watch ranking today is:

🥇 WAST — Near-term operational-readiness target

🥈 XXII — Preliminary revenue improvement, with losses and financing to monitor

🥉 LNTO — Expanding park portfolio and reported operating growth

4. RITE — Mineral project remains dependent on financing

5. MVNT — Limited recent public information

This ranking represents what I find most interesting to research today — not a ranking of which stocks I expect to perform best.

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My Takeaway

Today’s five stocks show why speculative-stock research requires more than following a ticker or a headline.

WAST has a reported system-completion target, but still faces significant financial challenges.

XXII reported higher preliminary quarterly revenue, while continuing to report losses and raise capital through share sales.

LNTO has expanded Airtopia to five parks and reported growth in preliminary park-level sales and receipts, with its newer locations driving that increase.

RITE has a mineral project that still depends on financing and further technical disclosure.

And MVNT remains difficult to assess without more recent company information.

Each company has a different story, and each has risks that investors should evaluate for themselves. The most important discipline is separating confirmed developments from projections, promotional claims, and speculation—and checking how each development affects a company’s finances and share structure.

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Investment Disclaimer

This analysis is provided solely for educational, informational and entertainment purposes and represents my personal research and opinion.

Nothing published on Ask Warren HQ constitutes financial, investment, tax, legal or accounting advice or a recommendation to buy, sell or hold any security.

OTC and micro-cap stocks can involve extreme volatility, limited liquidity, dilution risk, incomplete information and the potential loss of your entire investment. Company announcements and forward-looking statements should never be treated as guarantees of future results.

Always conduct your own independent research and consider consulting a qualified financial professional before making investment decisions.