Auxilio Inc – Another Double for Smallcaps Investment Research post image

When we first featured Auxilio Inc. (AUXO – $5.26) in October 2015, its stock was trading at $0.95. Within less than two years of our recommendation, the stock hit a high this week of $5.73, and it’s even been as high as $6.72 a couple of weeks ago. Taking into account the 1-for-3 reverse split from January 2017, the stock went up 101% and 136% respectively.

Several catalysts during the past few quarters contributed to this excellent achievement. The Company signed several multimillion dollar contracts, it uplisted to the NYSE Mkt and most importantly it completed a $34.3 million acquisition that is expected to immediately boost sales and earnings.

CynergisTek Acquisition

Auxilio’s biggest achievement was its [click to continue…]

Third Party Option Partners Advance Globex Properties post image

Enforcer Gold Corp (TSX-V: VEIN), which is advancing Globex’ (TSX: GMX – $0.54 & OTCQX: GLBXF – $0.39 & Fra: G1MN – €0.35) Montalembert high-grade gold property, raised close to $5 million in a non-brokered private placement. The additional cash injection makes Enforcer a very well-financed company, knowing that it already had more than $3.6 million in the bank late January 2017.

Enforcer Gold issued: 8,701,200 units at a price of $0.20 per unit, for proceeds of $1,740,240; and 12,960,000 “flow-through” common shares, at a price of $0.25 per flow-through share, for proceeds of $3,240,000. Each unit consists of one common share and one-half of one common share purchase warrant. With each warrant, one common share of the company can be acquired at a price of $0.30 for a period of 24 months.

Flow-through shares entered the Canadian tax code about 30 years ago. It’s a tax-based financing incentive that is available to certain corporations in the mining, oil & gas, renewable energy, and energy conservation sectors.

Canada’s Income Tax Act allows companies to [click to continue…]

Acme United’s Record First Quarter Results Set Stage For Strong 2017 post image

Acme United (ACU – $28.00), the worldwide supplier of cutting devices, measuring instruments and first-aid products for school, home, office, industrial and hardware use, started off the year very strong.

During the first quarter, ended March 31, 2017, the Company achieved sales of $27.7 million, compared to $25.3 million in the first quarter of 2016, an increase of 10%. Net income was $659,000 or $0.18 per diluted share, for the quarter ended March 31, 2017, compared to $565,000 or $0.16 per diluted share for the comparable period last year, an increase of 17% in net income and 13% in earnings per share. Both sales and earnings set a new first quarter record.

The Westcott brand was again a solid contributor to these results. During the past quarter, Acme began shipping a very innovative line of Westcott glue guns (see video below) and glue sticks to retailers in the US. These guns have non-stick internal mechanisms so that [click to continue…]

EnWave’s Brent Charleton Gives Thorough Update and Discusses Future Prospects of Company post image

We’re very excited to have Mr. Brent Charleton, the Senior Vice President Business Development at EnWave Corporation (TSXV:ENW – $1.07 CAD & OTC:NWVCF – $0.76 USD & Frankfurt:E4U – €0.74), as our guest today. EnWave continues to make significant progress in the food and pharmaceutical markets with its revolutionary drying technology.

The interview touches upon EnWave’s first quarter financial results and provides an outlook for the rest of the year. Mr. Charleton touches upon EnWave’s royalty income as he gives an overview of REV-dried products that are already on the market, and as such generating royalties for EnWave.

Mr. Charleton also talks about the reorganization at NutraDried LLC, in which EnWave holds a 51% stake, and which produces the well-known Moon Cheese snacks.

A substantial portion of the interview is devoted to [click to continue…]

Tecogen’s Solid Results in 2016 Lay Foundation For Even Stronger 2017 post image

Tecogen Inc. (TGEN – $3.73) designs, manufactures and sells industrial and commercial CHP (Combined Heat & Power), or cogeneration, systems that produce combinations of electricity, hot water, and air conditioning. It’s a well-established Company, as it has already shipped over 2,300 units, some of which have been operating for almost 25 years.

In the fourth quarter of 2016, product sales and service sales increased 144% and 32% respectively, which led to the highest quarterly revenue in Tecogen’s history. The strong increase in sales lead the Company toward profitability in the last 6 months of the year. The Company expects this growth cycle to continue into the current year.

The Company’s sales backlog of equipment and installations stands at $15.6 million, well above the Company’s stated goal of maintaining sales backlog above $10 million.

At ULTRATEK, everything is going as planned. The paper presented at the SAE World Congress described how the use of Tecogen’s Ultera emissions technology resulted in [click to continue…]

Tecogen Takes Major Hurdle in Acquiring American DG Energy post image

Positive news for Tecogen Inc. (TGEN – $3.73), as the Securities and Exchange Commission (SEC) declared effective the Company’s registration statement in connection with its planned merger with American DG Energy (NYSE Mkt: ADGE). A special meeting will be held on May 18, 2017, where shareholders can vote in favor or against the merger. When a majority of shareholders votes in favor, the merger will be formally concluded shortly after the special meeting.

Upon completion of this acquisition, Tecogen shareholders are expected to own approximately 81% and American DG shareholders are expected to beneficially own approximately 19% of the combined company.

If successful, the transaction will create a vertically integrated clean technology company able to offer equipment design, manufacturing, installation, financing, and long term maintenance service. [click to continue…]

Globex Acquires Kelly Lake Polymetallic Project In Quebec post image

Globex Mining Enterprises (TSX: GMX – $0.53 & OTCQX: GLBXF – $0.40 & Fra: G1MN – €0.37) is a North America-focused exploration and development project generator. The Company’s business is to acquire mineral properties, and to advance them, either to production or to prepare them for optioning, joint venturing, or outright sale to a third party resource company.

Unlike investments in traditional junior resource companies, where most investors speculate on the outcome of one or two projects, Globex has a much lower downside as it puts its eggs in multiple baskets, allowing them to significantly reduce the inherent risk of the mineral exploration and development business.

Earlier this week, Globex acquired six cells (350 ha) located in Blondeau Township, Quebec, Canada for an undisclosed sum. [click to continue…]