Smallcaps Investment Research

Boots & Coots (WEL) announced first quarter results for the period ending March 31, 2010. Revenues came in at $53.3 million compared to $54.7 million for the same period last year. Net income for the quarter was $0.7 million, or $0.01 per diluted share, compared to $1.9 million, or $0.03 per diluted share for the first quarter of 2009. Boots […]

A month after the first update, Global Green Solutions (GGRN – $0.13) released a second series of photos on the progress of the construction of its Greensteam demonstration unit. The photos show that the construction is proceeding rapidly. Once finished, the Greensteam system will produce high quality renewable steam using waste agricultural biomass as fuel. Shortly after, Global Green’s first […]

Halliburton Company (HAL), the second largest oilfield services company in the world, agreed on Friday to buy Boots & Coots (WEL – $2.35), a well known provider of integrated pressure control services to oil and gas exploration companies, in a stock and cash transaction worth approximately $240 million. Boots & Coots stockholders will receive $3.00 per share for each share […]

We discussed DAC Technologies’ (DAAT – $0.62) fourth quarter and year-end results in our previous newsletter, but we had to wait for the 10-K to be filed before we could give you our opinion on the Company’s balance sheet. Balance sheet as of December 31, 2009 DAC Technologies has a clean balance sheet as it has a current ratio of […]

DAC Technologies (DAAT – $0.65), that sells gun cleaning kits, gun safety items and various hardware products, announced that its fiscal year 2009 net income increased by $196,861 or 55% compared with last year. Nevertheless, the stock ended down 13% for the day. Want to know the full story, read on. Fourth Quarter and Full Year 2009 Results Net sales […]

Global Green Solutions (GGRN – $0.085) released a photo update of the construction of its Greensteam demonstration unit at Aera Energy’s Belridge oilfield. After meticulously planning and organizing, construction has begun, and now everybody can see the progress being made. Management plans to do similar updates every 4-6 weeks. The Demonstration Unit In March 2008, Global Green Solutions signed an […]

Boots & Coots, Inc. (WEL – $2.00) announced fourth quarter and year end results earlier this week. Both its revenues and earnings for the quarter and full year were down compared with 2008. Although the Company’s numbers are worse than those of last year, the stock is up 75% since our buy recommendation a little over a year ago. Despite […]