Contrary to many other Letters to Shareholders, Tecogen (NASDAQ: TGEN – $2.40 & Fra: 2T1 – €1.80) this week published a very open and informative one. The Company, for example, mentioned that its order flow for both CHP and chillers units was exceptionally strong in the second half of 2017.
As the chart below indicates, unit orders for chillers and CHP units rose by more than 150% and 75% respectively in the second half of 2017, compared with the same period a year ago. Note that this is on top of already solid growth of more than 25% in the second half of 2016. Although order growth doesn’t immediately translate into higher revenues, it gives a clear indication of what is about to come.
The Company’s relationships with building owners, REITs, ESCOs, property management firms, and other major market players in the healthcare, biotech, and hospitality sectors are paying off big time. Even in the past week, Tecogen announced the sale of [click to continue…]
Enforcer Gold (TSX-V: VEIN), which is earning a 100% stake in the Montalembert project from Globex Mining (TSX: GMX – $0.48 & OTCQX: GLBXF – $0.39 & Fra: G1MN – €0.29), has made a potentially significant new discovery at the property.
The new area of mineralization, named the OR79 zone, is located approximately 1.5 km (1 mile) west‐southwest of the Galena‐No.2 vein. It was discovered in a previously forested area with very low outcrop exposure, which may explain why it was missed by previous explorers.
Assay results from 22 grab samples of isolated outcrops within the area range from 0.50 g/t Au to 9.19 g/t Au. In addition, nine saw‐cut channels returned up to 3.72 g/t Au over 0.4 m width. [click to continue…]
Paperworld is an annual trade fair, held in Frankfurt, Germany, that brings together all the major players from around the world in the paper, office supplies and stationery sectors. The show is ideally suited to introduce the latest products and meet new and existing customers.
Around 1,500 exhibitors from some 60 different countries presented their products at Paperworld last week. Well over 30,000 visitors discovered product innovations in the areas of office supplies, writing and drawing instruments, school supplies, gift items and packaging as well as paper goods.
For Acme United’s (ACU – $23.99) European team, Paperworld is one of the most important marketing events of the year. Indicating that the Company’s European segment is doing well, was the fact that its meeting room was 50% larger compared with last year’s so that more products could be displayed. [click to continue…]
In the course of this month, the Bulova Corporate Center, the former home of the Bulova Watch Company located in Queens, NY, will install four 200-ton Tecochill water-cooled chillers. The Tecogen (NASDAQ: TGEN – $2.20 & Fra: 2T1 – €1.70) units will replace five 170-ton Tecochills that were installed in 1994, and which consequently were approaching the end of their service lives. The sale also includes a long-term service contract, which will generate additional revenue for Tecogen over the years to come.
Once these four chillers are in operation, Tecogen will have six Tecochill units servicing the building, including two 350-ton DT Series chillers that were installed in 2002.
Benjamin Locke, Tecogen’s Co-CEO stated, “The chiller replacement cycle continues. The fact that customers are happy to do repeat business with us decades after an initial sale [click to continue…]
The 40th annual Shooting, Hunting and Outdoor Trade Show, known as SHOT Show, took place Jan. 23-26 in Las Vegas. With more than 60,000 attendees, the trade show is the largest of its kind in the world. An ideal opportunity for Acme United’s (ACU – $23.99) Camillus, Western and DMT brands to introduce their new, innovative products for hunting and outdoor recreation purposes.
Camillus surprised everyone with another substantial expansion of its product offering. It introduced no less than 16 new folding knives (see image slider below), including three versions of the Centerfire Knives. These popular folding knives were originally from the 1980s with its typical bullet shield in the handle, has been upgraded with Carbonitride Titanium AUS-8 Stainless Steel and a quick launch bearing system. Also the popular Cuda knife is back. The revamped Cuda Mini has a 3″ Carbonitride Titanium AUS-8 stainless steel blade, G10 ergonomic handle (in three colors) and a quick launch bearing system for fast, easy opening.
In addition, Camillus introduced a new collection of hunting knives and accessories designed in partnership with Prym1 camo. The Prym1 Hunting Line includes [click to continue…]
A recently created Canadian company, Alliance Growers Corp. (CSE: ACG – $0.56 & OTC: ALGWF – $0.45 & Frankfurt: 1LA – €0.38), has recognized the near term potential for exceptional growth in the emerging cannabis sector and is working to establish a diversified platform that will position shareholders for long term upside across the full spectrum of the sector.
Alliance has been active with an acquisition strategy to build direct cannabis production leverage. The Company is also working towards a more diversified and balanced approach to the sector, with investments in Research & Development partnerships. The strategy will assist the Company to remain in the forefront of this dynamic sector by investigating methods to optimize production techniques and refine high value strains of cannabis plants. In addition, it will participate in the development of new cannabis products that can be created, opening greater marketing opportunities for medical and recreational uses. [click to continue…]
We’re very pleased to have Mr. Scott Urquhart, the VP Corporate Development for AnalytixInsight Inc. (TSXV: ALY – $0.46 & OTC: ATIXF – $0.37 & Frankfurt: 1JX – €0.30) with us today. AnalytixInsight is the developer of an artificial intelligence, machine learning platform that turns big data into actionable information, and which recently turned profitable!
The interview first touches upon AnalytixInsight’s most advanced platform CapitalCube.com. This online portal algorithmically analyzes market price data and regulatory filings to create insightful, actionable narratives and research on approximately 50,000 global companies and ETFs. Mr. Urquhart talks about the merits of the tool, and reveals some of the very well-known content partners that make use of CapitalCube.
The interview also takes a thorough look at Marketwall, a mobile platform for banking and stock trading. AnalytixInsight holds a 49% interest in this company, while most of the remainder is owned by Intesa Sanpaolo, the [click to continue…]