Acme United (ACU – $24.59) has won the prestigious 2017 Teachers’ Choice Award for its Westcott heavy duty electric pencil sharpener. Learning magazine – the organizer of the Teachers’ Choice Award – selected the Westcott sharpener for exceptional quality and outstanding performance in an educational setting.
For over 20 years, the Teachers’ Choice Awards have heralded the very best in classroom-tested, teacher-recommended products. Each year, a nationwide panel of teacher-judges names the standouts in books, classroom supplies, educational games, software, websites, and more. After receiving top ratings in two rounds of rigorous judging, the winners are chosen.
Chris Alagno, Vice President of the Westcott brand said, “We are honored to accept this award from the Learning magazine. Our Westcott sharpeners have revolutionized the [click to continue…]
Although 2017 has only just begun, EnWave Corp (TSXV:ENW – $1.18 CAD & OTC:NWVCF – $0.88 USD) already sent out a strong message that it aims to build on last year’s growth momentum.
During the past week, it received repeat machine purchase orders from Ereğli Agrosan (100kW machine) and Natural Nutrition (10kW machine). For Ereğli this is the fourth dryer, while Natural Nutrition now owns three units. Both companies have become very successful selling REV dried products in a short period of time.
Moreover, between Christmas and New Year, EnWave was contracted by Bonduelle to double the throughput of its existing 120kW REV machine.
The upgrade and the installation of the new machines will occur [click to continue…]
EnWave Corporation (TSXV:ENW – $1.18 CAD & OTC:NWVCF – $0.88 USD) offers industrial-scale dehydration technology for commercial applications in the food and pharmaceutical spaces. The Company’s Radiant Energy Vacuum (“REV”) platforms are becoming the new global dehydration standard, as they are faster and cheaper than freeze drying, and have better end product quality than both air drying and spray drying.
EnWave’s fiscal year 2016, which ended September 30, 2016, was extraordinary on all fronts. The Company reported revenues of $14.9 million for the year, compared to $5.9 million in the prior year, up more than 150%. Net loss from continued operations was reduced from $5.0 million last year to $1.8 million in 2016. In its second and third quarter EnWave even achieved a positive net income.
Also, fiscal year 2016 was marked with remarkable progress in the commercialization of EnWave’s REV technology. The Company added four royalty bearing licenses and signed numerous [click to continue…]
Acme United’s (ACU – $23.19) stock reached $24.09 on Tuesday, setting a new record high. The innovative supplier of cutting devices, measuring instruments, and first aid products, announced a 10 cent quarterly dividend this week.
More importantly though, the Company has constantly grown its sales and earnings the past several years. This is being rewarded by shareholders that want a piece of just 3.64 million shares outstanding.
Acme’s Chairman and CEO Walter C. Johnsen recently increased the Company’s sales and earnings guidance for 2016. Thanks to an outstanding performance of all its brands in the first nine months of the year, the Company now expects to generate revenues of $124 million and earnings per share of $1.63 in fiscal year 2016. Again two records in its history.
Meanwhile, new products are [click to continue…]
EnWave Corp’s (TSXV:ENW – $1.13 CAD & OTC:NWVCF – $0.85 USD) fiscal year 2016, which ended September 30, 2016, was extraordinary on all fronts. The Company reported revenues of $14.9 million for the year, compared to $5.9 million in the prior year, up more than 150%. And net loss from continued operations was reduced from $5.0 million last year to $1.8 million in 2016. In its second and third quarter EnWave even achieved a positive net income.
These outstanding numbers can be attributed to the continued growth in sales of royalty-bearing Radiant Energy Vacuum (REV) machines, and the accelerated distribution of Moon Cheese through EnWave’s 51% owned subsidiary, NutraDried LLP.
Thanks to all this activity, the Company reached positive cash flow from operations, one of its major goals for the year, of $1.2 million. In the prior year, it reported negative cash flow of $1.7 million.
Also, fiscal year 2016 was marked with remarkable progress in the [click to continue…]
Tecogen Inc. (TGEN – $3.93), which designs, manufactures and installs industrial and commercial cogeneration systems, sold five 100 kW InVerde e+ Combined Heat and Power units at once through MMI Mechanical Inc.
MMI Mechanical, based in Brooklyn, NY, specializes in the service and installation of heating and hot water equipment for large residential, commercial and industrial facilities. This is the first project with MMI for Tecogen, and hopefully the start of a fruitful relationship.
The five CHPs will provide electricity, space heating and domestic hot water to over 1000 residential units in a 5 building complex in Harlem, NY. All systems will be equipped with the Ultera emissions control system, which nearly eliminates the emission of harmful pollutants that contribute to smog (including carbon monoxide, nitrogen oxides, and hydrocarbons).
Although MMI will install the five units, maintenance [click to continue…]
ZoomAway Travel Inc. (TSXV:ZMA – $0.19 CAD & OTC: ZMWYF – $0.17 USD & Frankfurt:4ZO – €0.13) aims to almost quadruple its business in 2017. Reason enough for us to sit down with Mr. Sean Schaeffer, the President and Chief Executive Officer of the Company.
Mr. Schaeffer first extensively discusses ZoomAway’s unique technology platform that allows for the discounted packaging of leisure activities onto clients’ websites. He also provides details about the Company’s business model.
The interview touches upon the areas where the Company is active at the moment and where it would like to expand in the near future. In addition, the CEO describes why the hospitality market is actively searching for solutions like the one that ZoomAway is offering. He reveals that potential clients even come knocking on their door looking for help.
Investors also find out more about [click to continue…]