Tuesday, 22 June, 2010

Byron Capital Says Smartcool Is A Buy

Smartcool Systems Inc.
(SSC: TSX-V)
Basic Shares 46.8 million
Fully Diluted 54.7 million
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Last fall, Toronto based Byron Capital Markets began looking at Smartcool, which ultimately lead to a couple of meetings with management. Those sessions and additional research by Byron have now lead to the company publishing an analyst report on Smartcool Systems.

Not only has Byron Capital taken an interest in Smartcool but the report written by analyst Al P. Nagaraj has given Smartcool a Speculative Buy rating with a target price of $0.64.

We expect to have access to the report in the next few days and at that time will issue a detailed commentary on Mr. Nagaraj's opinions.

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