After the successful commercial start up at Gay Lea Foods last month, EnWave Corp. (ENW – $1.04) now installed a REV dehydration machine at the facilities of Natural Nutrition Limited, a Chilean fruit processor focused on the production of high-quality, nutrient-rich products. Production has already commenced and EnWave will receive its first royalties from this agreement in the current quarter.
In addition, the Company signed a Technology Evaluation and License Option Agreement with Ultima Foods Inc, a major Canadian yogurt and fresh dairy products manufacturer. Formulation and product development is underway at EnWave’s own facility in Ferndale, Washington for which it will receive a fee.
Several other important milestones will be reached in the coming weeks. These will again validate the Company’s microwave vacuum drying technology and will also significantly increase Enwave’s revenues. [click to continue…]
We’re happy to announce the publication of another insightful interview. This time, we sat down with two representatives of Ironclad Performance Wear (ICPW – $0.26), a leader in high-performance task-specific work gloves. We invited Mr. Jeff Cordes, the President and CEO and also Mr. Bill Aisenberg, the EVP & CFO, who both joined the Company in the first half of 2014.
The interview first touches upon the important achievements that have been realized at Ironclad since Mr. Cordes took over the helm.
A substantial portion of the interview is also devoted to the Company’s first quarter results that were announced a couple of weeks ago and that showed a significant [click to continue…]
The recent surge of U.S. oil and natural gas production has been nothing short of astonishing. In a few short years, the United States has become the largest hydrocarbon producer in the world, surpassing Russia and Saudi Arabia. So we searched for a company to benefit from this event.
Although we usually recommend more mature small cap companies, every now and then we come across a somewhat speculative investment opportunity that’s too good to pass up.
We have been keeping an eye on Axiom Oil and Gas Corp (AXIO – $0.22) for a few months now, and we believe that the risk/reward ratio is ideal at this moment.
In October 2014, Axiom acquired ~15,000 gross acres (6,170 net acres) in Toole County, northern Montana. The leases include a 23.1% working interest in two drilled, oil wells that are in the process of being completed and a 50% interest in two producing gas wells. It is a conventional drilling project with over 70 additional drilling targets identified that Axiom plans to participate in with a 50% working interest.
The leases are located in the huge Kevin- Sunburst Dome, which [click to continue…]
Synodon Inc. (TSXV:SYD – $0.14) is a technology Company that has developed an advanced airborne remote gas sensing system called realSens. The instrument, attached to a helicopter flying at an altitude of up to 1,000 feet (approximately 300 meters), is capable of detecting ground-level liquid and gas occurrences, making it ideally suited for oil and gas leak detection.
Synodon is a relatively new player, but is getting traction in the oil and gas pipeline leak detection market. In fiscal year 2014 its revenues climbed 186% and the fourth quarter marked the first quarter during which the Company generated positive net income. In addition, it has signed several renewal and expanded contracts the past few months.
In fiscal 2014 Synodon surveyed 28,853 kilometers of pipeline, which is only a fraction of the potential North American market. The Company, so far, has performed pipeline surveys for companies such as Encana Corporation, Suncor Energy, Nova Chemical Corporation, Atmos Energy Corporation, Access Midstream Partners, etc. The potential market is [click to continue…]
Nuo Therapeutics, Inc. (NUOT – $0.26) earlier this week presented new clinical evidence that supports its leading-edge therapies for wound care. The Company’s star product, Aurix is the first platelet and plasma therapy system that’s cleared by the FDA for the management of ulcers and wounds of all types (diabetic foot ulcer, pressure ulcer, venous leg ulcer, etc.) and all severities.
At the 28th Annual Symposium on Advanced Wound Care Spring Meeting, held in San Antonio, Texas, Shannon Payseur, MD, who specializes in wound care at DFW Wound Management PLLC, highlighted case studies for three patients with chronic infected wounds caused by chronic diseases.
During treatment, Aurix was applied to each patient’s wound once it demonstrated response to management of infection. Each patient received three treatments of Aurix, and in each case, experienced [click to continue…]
Acme United (ACU – $18.47) again reached record sales and earnings in the first quarter of 2015. Especially the Westcott school & office products brand outperformed. Its scissors continue to gain market share, and Orbit, the latest member of the iPoint electric pencil sharpener family, is now available in most major retailers.
Also First Aid Only, the supplier of first aid and Smart Compliance kits, contributed nicely to the sales increase in the first quarter. The benefits of the combined purchasing power and the further integration of the three first aid brands will start to have a bigger impact on Acme’s bottom line in the coming quarters. The full optimization of the first aid brands, which will lead to cost savings of up to $1 million annually, is the Company’s main goal this year.
The decline of the Canadian dollar and euro caused earnings in the first quarter to be two cents per share lower than expected. Positive news is that [click to continue…]
April has been extremely busy for EnWave Corp (TSXV:ENW – $1.05 CAD & OTC:NWVCF – $0.89 USD). Earlier this month, the Company, which offers revolutionary dehydration technology for the food and pharmaceutical industries, signed a technology evaluation agreement with Perdue Farms and a royalty-bearing commercial license with Umland LLC.
And this week, it installed and started up a 10kW commercial Radiant Energy Vacuum (REV) dehydration machine at Gay Lea Foods’ production facility in Ontario, Canada. First royalties from Gay Lea are expected in the early fall of this year.
After an extensive technology and market evaluation phase, Gay Lea, an industry leader in the production and processing of dairy products in Canada, signed a commercial royalty-bearing license and a 10kW machine purchase order in November 2014. That license gave Gay Lea the exclusive right to process certain types of cheese snacks in Canada, using REV technology. Interesting to know is that in order to retain the exclusive license, Gay Lea must [click to continue…]