DIVERSIFIED black empowerment group African Harvest is offering 152c per share for the remainder of Pennystocks Investments shares it does not already own after taking its stake in Pennystocks to over 35% on Wednesday. The proposed deal is subject to the fulfilment of various conditions, including regulatory, Pennystocks shareholder and high court approval. Pennystocks is a venture capital company, investing in mainly small capitalisation companies, special situations, and bank and insurance shares.