We’re delighted to have Mr. Walter Johnson, the Chairman and CEO of Acme United Corporation (ACU – $24.75), with us today to give us an update on his Company. Mr. Johnsen starts off by delivering plenty of valuable information about the Company’s online sales activities.
He discusses the challenges and opportunities of the transition from sales to brick and mortar stores to online. He talks about how Acme tackles the higher costs associated with online sales, and he gives an overview of the Company’s best-selling products at places such as Amazon.
The interview also takes a thorough look at the performance of Spill Magic since it was acquired earlier this year. In addition, investors find out why the purchase of the First Aid Only building will add about $250,000 to Acme’s bottom line annually. [click to continue…]
With a diversified suite of property holdings that includes more than 160 separate resource prospects it is no surprise that Globex Mining Enterprises Inc. (TSX:GMX – $0.43 & OTCQX:GLBXF – $0.33 & Fra:G1MN – €0.26) issues a regular stream of news reports. This week the Company released two important updates that are of interest.
Successful Completion of Small Equity Offering
The first of these on December 5th related to the completion of a small flow-through (FT) equity offering, amounting to the issuance of 846,153 FT shares for net proceeds of $550,000. The FT classification generates a tax deduction that enables qualified participants to write off over 100% of their investment cost against tax obligations. This is attractive to speculative investors that desire a lower tax payout during the year the offering is issued, and as a result FT deals may be marketed at a premium to the market price at the time it is announced but rarely at the markup to market that Globex achieved.
This FT deal was arranged at a price of 65 cents per share, representing a premium of 55% above the market price for the stock. [click to continue…]
EnerSpar Corporation (TSXV: ENER – $0.07 & Fra: 5E0 – €0.04), which is developing the exciting Johan Beetz feldspar property, has announced a potentially spectacular business combination with Blockstation, a Toronto based company that has developed a platform on which crypto-currencies are traded. If completed successfully, this transaction will be highly lucrative for existing EnerSpar shareholders.
Blockstation has developed a proprietary Electronic Communication Network, which provides Direct Market Access to traditional financial institutions to trade blockchain tokens such as Bitcoin and Ethereum. Blockstation targets market dealers, brokerage firms, hedge funds, high frequency trading desks and stock exchanges as its core clients.
There are 100 million active traders who do not yet have access to digital currencies in their traditional bank and brokerage accounts. Now thanks to Blockstation, those traditional financial institutions have the technical expertise and software to give their clients access to the crypto-currency marketplace. [click to continue…]
Ongoing research has presented a staggering number of health and wellness breakthroughs in recent years and the list continues to grow as more people take active steps towards healthier living. This has led to a rapidly growing subsector of ‘nutraceuticals’ – products and supplements offering specific health benefits that are available over-the-counter to consumers.
Now consider the trend for E-Commerce and the growing segment of consumers that shop and order products online. This means that marketing opportunities can be tailored to reach out to a larger group of people, and companies may do so in ways that are more cost-effective than the traditional storefront retail paradigm.
The confluence of these two key growth trends is what has powered Relevium Technologies Inc (TSXV: RLV – $0.21 & Fra: 6BX – €0.14) on a growth curve of its own. Relevium has adopted a business model in which it develops products in-house, acquires strong competitors, and forms partnerships with up and coming companies in the neutraceutical space. Thanks to this strategy, the Company has been able to build sales leverage to an impressive inventory of products in the health and wellness sector. [click to continue…]
In search for an attractive, yet undervalued, copper related company we found Galileo Exploration Ltd. (TSXV: GXL – $0.09 & Fra: P5HH – €0.06).
The Company is currently focused on its advanced stage Majuba Hill copper/silver/gold porphyry project, which is located twelve miles from Rye Patch Gold’s Florida Canyon Mine and thirty miles from Coeur Mining’s Rochester Mine in Nevada, USA. Both of these mines are long lived open pit, heap leach operations producing both gold and silver.
Historic underground mining on the Majuba Hill property reportedly produced 2.8 million lbs. of copper, 184,000 ounces of silver, 885,800 lbs. lead, 106,000 lbs. zinc, and 21,000 lbs. tin between 1907 and 1960. Note that these are spectacular factual numbers, not speculative ones. [click to continue…]
Plenty of exciting developments have taken place at EnWave Corporation (TSXV:ENW – $1.04 CAD & OTC:NWVCF – $0.82 USD & Frankfurt:E4U – €0.67) since our previous interview, so we are very pleased to sit down with Mr. Brent Charleton, the Senior Vice President of Sales and Business Development, to give us an update.
A substantial portion of the interview is devoted to the recent agreement that EnWave closed with a major Canadian cannabis player. Mr. Charleton first explains why EnWave’s REV technology is a game changer for the cannabis industry, and he goes on to say how the Company can benefit from this unique opportunity. Moreover, he shares his outlook in terms of machine sales and potential royalties for EnWave in this industry.
The interview also takes a look at the developments at NutraDried since it was reorganized, early 2017. Mr. Charleton reveals what the plans and targets are for the Moon Cheese manufacturer in 2018. In addition, he discusses the margins of the lower-priced ten ounce packages that are available at CostCo as of this month. [click to continue…]
Globex Mining Enterprises Inc. (TSX:GMX – $0.43 & OTCQX:GLBXF – $0.34 & Fra:G1MN – €0.28) is a North American focused exploration and development project generator. The Company has an exceptionally well-diversified portfolio of assets, with exposure to a wide range of commodities.
As a result of the restart of Nyrstar’s Mid Tennessee mine in May 2017, Globex anticipates receiving royalties of at least between $150,000 and $175,000 per month. This is just one of Globex’ recurring revenue sources. The past few weeks, the Company received well over $1 million in cash and shares from optionees. These funds will be used to acquire other attractive properties and to cover exploration and property maintenance costs.
The Francoeur/Arntfield property is a prime example of this strategy. Since Globex acquired it one and a half years ago, it has been significantly advanced. It now demonstrates the potential for a large tonnage low grade near surface gold deposit in additional to the more classic Abitibi higher grade underground minable deposit. We feel that Francoeur/Arntfield alone justifies Globex current market valuation. [click to continue…]