Howe Farming, the second largest producer of bananas in Australia, has signed a commercial royalty-bearing license with EnWave Corporation (TSXV:ENW – $1.12 CAD & OTC:NWVCF – $0.89 USD & Frankfurt:E4U – €0.75).
The license grants Howe the exclusive right to use the Company’s proprietary Radiant Energy Vacuum (REV) dehydration technology to produce dried banana products in Australia and the non-exclusive right to produce dried blueberry products in Australia.
Howe already conducted several tests, both at an already deployed REV unit at another Australian partner of EnWave, and at EnWave’s test facility in Vancouver, Canada. Now the fruit processor is ready to initiate commercial production. [click to continue…]
What a week for Globex Mining Enterprises Inc. (TSX:GMX – $0.46 & OTCQX:GLBXF – $0.35 & Fra:G1MN – €0.31). The well-diversified project generator (Property Bank) has received, or will soon receive, over $885,000 in cash and close to $600,000 worth in shares from option partners.
Moreover, the Company acquired from Monarques Gold Corp., (TSXV – MQR) the 1.5% Net Smelter Royalty connected to the Francoeur/Arntfield gold property, which is rapidly becoming one of Globex’ key assets. When the property would reach production stage, the 1.5% NSR, was payable by Globex up to a total of $1,300,000 after which it reduced to a 0.5% NSR on all additional gold production. Globex purchased the 1.5% NSR for only $25,000. A brilliant deal!
Finally, Eros Resources Corp (TSXV – ERC) published a Preliminary Economic Assessment (PEA) on Globex’ Bell Mountain property located in Churchill County, Nevada. The study utilized a gold price of US $1,300/oz and silver price of US $17.50/oz and shows a 4 year mine life, producing 60,056 oz Au and 408,498 oz Ag. As Globex retains a 3% Gross Metal Royalty (GMR) at a gold price of over US$1,200/oz on the property, the Company could potentially earn royalty payments of approximately C$3.17 million (US$2.55 million), over the 4 year mine life. [click to continue…]
During a very informative conference call, members of Tecogen’s (TGEN – $3.00) management team provided an update on Ultratek, the Company’s joint venture established to develop the revolutionary Ultera emissions technology for automotive applications.
An Ultera is Tecogen’s proprietary muffler-like emissions control technology that reduces a natural gas powered engine’s harmful emissions such as NOx, CO, and hydrocarbons to near zero levels. Hundreds of Ulteras have been installed on cogeneration systems so far and function impeccably. There is no comparable technology on the market today. It truly sets Tecogen apart from its competition. [click to continue…]
Although the annual Paperworld show continues to be the biggest event for school and office products manufacturers, the Insights-X event in Nuremberg, Germany is rapidly catching up. Only in its third year of existence, over 5,500 visitors marveled at the diversity of office supplies, back-to-school, and hobby products presented by the 305 exhibitors from 41 countries.
Unveiling their latest product ideas, these companies were spread across three halls, covering an area of 25,000m² (270,000 square ft), at Nuremberg’s Exhibition Centre.
One of those exhibiting companies was Acme United Corp (ACU – $24.85). Its European team, attended Insights-X for the first time and returned home with plenty of new sales leads and orders. In fact, Georg Bettin, the Managing Director of Acme United Europe, was quoted saying, “We’re very pleased with our appearance at the fair and we were particularly happy with the quality of the visitors”. [click to continue…]
EnWave Corp’s (TSXV:ENW – $1.15 CAD & OTC:NWVCF – $0.89 USD & Frankfurt:E4U – €0.75) 51% owned subsidiary NutraDried has secured additional distribution for its Moon Cheese snack in approximately 70 Costco stores in the Midwest of the United States. The initial order is worth approximately $400,000.
Starting in December 2017, the all-natural REV dried cheese snack will be available in Cheddar and Pepper Jack flavors. They will come in a brand new ten ounce package format – the regular packages are only two ounce – and will retail for about $10.
Obviously, further orders is dependent on the success of the trial launch. Note that this is also how Moon Cheese got placed at Starbucks. The adventure at the world’s largest coffee chain started mid-July 2015, when Moon Cheese became available at approximately 3,400 Starbucks locations in the United States, as part of a 16-week long trial. [click to continue…]
After selling a dozen chillers to the rapidly emerging cannabis industry in North America, Tecogen (TGEN – $2.96) has now inked its first transaction with an indoor vegetable grower called Beverly Greenhouses. With over 20 acres of greenhouses onsite, it is one of the larger indoor cucumber operations in Ontario, Canada.
The Company has sold both an InVerde e+ and a Tecopower CM-75 combined heat and power (CHP) unit to Beverly Greenhouses. The machines will operate independently of each other and will mainly be used to generate power. The high quality waste heat from the units will most certainly be used, but it’s not the main driver for this purchase.
The installation will generate significant cost savings for Beverly Greenhouses, as it will reduce the amount of electricity purchased from the utility. After all, utility costs are one of the biggest operating expenses for indoor farmers. [click to continue…]
Several representatives from Acme United’s (ACU – $24.00) First Aid Only and Spill Magic brands recently attended the NSC Congress & Expo, the world’s largest annual safety, health and environmental event. The show, held in Indianapolis, featured 1,100 exhibitors and brought together more than 15,000 safety professionals, serving the billion dollar occupational safety and health market.
The NSC Congress & Expo is Acme’s biggest marketing event of the year in the first aid category. As such, it gives a good indication of the outlook for the industry and Acme’s first aid and safety brands.
The show was a true success for the Company. It had a 20×20 booth, which was packed with the largest number of new products in many years from the First Aid Only, PhysiciansCare, and Spill Magic brands. Also, a wide range of American Red Cross licensed items were shown to the public. [click to continue…]