Wednesday, 31 August, 2011

Solid Scores More Strong Tantalum & Tin Drill Results

Solid Resources
TSXV - SRW
OTCQX - SLDRF
Shares Outstanding - 96.2 million
Fully Diluted - 149.6 million

-----------------------------------------










Today, Solid Resources announced the results of ten more holes from its 2011 drill program on its Doade-Presqueiras rare metals project in Spain with the goal of soon proving an economic resource. These results are from the southern section of the property.

Highlights of the released assay results are as follows:

Drill Hole

Length

Tin (ppm)

Tantalum (ppm)

Niobium (ppm)

SO-11-20

5.7 m

1216

205

137

SO-11-22

11.5 m

1272

128

121

SO-11-19

1.45 m

1325

231

134

To understand the value of the rock, consider 454 ppm = 1 lb. Tin is currently $11.05/lb; Tantalum is $150/lb and Niobium is $21/lb (USD).

The company has publically stated that its objective is for this property to be the first tantalum mine in Europe based on expected Spanish government support. Tantalum and tin are essential for nearly all electronics and high-tech communications equipment such as smart phones.

The final results from the 31 hole drill program will be announced soon.

To view the full news release, please click here.

Tuesday, 30 August, 2011

VentriPoint Diagnostic Appoints New CFO

VentriPoint Diagnostics Ltd.
VPT
- TSX Venture
Shares issued: - 79.4 million

Fully diluted: - 99.6 million

*****************************



Have you noticed that VentriPoint Diagnostics has been issuing an ongoing series of news releases over the past several months? The obvious reason is that there has been a significant amount of noteworthy events.

Installations of the VMS system have been ongoing as originally projected by management with more demand on the horizon.

To meet this demand the company’s CEO has been proactive by ensuring that capital is in place (just raised an additional $3.5 Million July 19, 2011), and that the right personnel are hired.

Today’s announcement is a strategic move which will help strengthen the management team.

To read today's' release, click here.

John Gebhart is a strong addition to this emerging Biotech company. He has considerable experience in Health Care and a background in strategic planning and entrepreneurial finance, which will be called on regularly for this growth company.

We believe that John G. Is a strong addition to the VentriPoint team and we wish him well, as he will have a lot to keep up with as this company continues to develop as fast as it has.

Friday, 26 August, 2011

The View On Neptune's Share Price

Neptune Technologies & Bioressources
TSXV: NTB - NASDAQ: NEPT
Basic Shares: 48.2 million
Fully diluted: 53.9 million


*****************************************
No doubt many investors have been spooked by the falling share price that was well over $4 in mid-August and briefly hit $3 as of this writing. The Howard Group has certainly received numerous inquiries

The consensus opinion is that we're seeing selling pressure because of stock that is coming free trading as of August 29th. This is related to the cross border $12.5 million financing that was completed in May.

The deal saw money raised at $2.15 (CDN) / $2.25 (USD) with warrants at $2.65 (CDN) / $2.75 (USD).

It's not unusual for a stock to be negatively impacted when the stock AND the warrants are in the money and investors in the financing look to take profits and restock their bank accounts. It will be interesting to watch activity early in the new week.

While that's the most likely explanation, Neptune executives are emphatic that there is no business reason they are aware of to warrant the recent share activity.

Thursday, 25 August, 2011

MicroPlanet Announces Q2 Results


MicroPlanet Technology Corp.
TSXV: MP
OTC Pink: MCTYF
Shares Outstanding: 63.2 million
Fully Diluted: 82.2 million
-------------------------------

As expected, Q2 sales were down and expenses were slightly up compared to last year.

Today, MicroPlanet announced the company’s 2nd quarter results and according to Brett Ironside, president & CEO, “As we noted in our first quarter report, revenues for the remainder of 2011 are expected to remain low as we obtain commercial certifications for our advanced technology, complete product development and line extensions for other jurisdictions around the world, and begin marketing and building our order book for 2012.”









In the news release the company also mentions that US Department of Energy’s National Renewable Energy Laboratory will be using MicroPlanet’s technology to provide voltage regulation services for the 2011 Solar Decathlon to be held in Washington, DC in September and October (http://www.solardecathlon.gov/).

The company is projecting significant growth for 2012 and as such what investors should watch for are announcement about a build in the order book towards the end of this year.

To view the news release, please click here

Solid Resources Lists on the American OTCQX exchange





Solid Resources
TSXV - SRW
OTCQX - SLDRF
Shares Outstanding - 96.2 million
Fully Diluted - 149.6 million
-----------------------------------------


Solid Resources began trading on the OTCQX today under the symbol SLDRF.

Why would Solid make this move and what are the benefits?

The OTCQX is the premium tier of the U.S. Over-the-Counter (OTC) marketplace which gives non-U.S. companies access to U.S. investors, without the duplicative regulatory costs required of listing on a traditional U.S. exchange.


OTCQX is fully electronic and gives American investors access through all major online and full-service brokerage firms in the U.S., including Schwab, E*TRADE, Scottrade, TD Ameritrade, and Fidelity. Trades are settled and cleared in the U.S. similar to any NASDAQ or NYSE stock, and trade reports are disseminated through Yahoo, Bloomberg, Reuters, and most other financial data providers.


Interestingly large brand name companies such as Adidas and Air France have recently given up the expensive AMEX listings to go on the QX which brings additional credibility to this exchange.


In conjunction with this announcement, Greg Pendura president & CEO of Solid Resources will be sharing the Solid Resources investment opportunity with American investors during an extensive fall roadshow. He will be presenting in Portland, San Francisco, Newport Beach, Santa Monica, Los Angeles, New York and Atlanta.

To view Solid Resources news release, please click here

Wednesday, 24 August, 2011

New York Welcomes Smartcool Savings

Smartcool Systems Inc.
TSX.V: SSC
Basic Shares 60.2 million
Fully Diluted 77.4 million
---------------------------------------




Con Edison provides electricity and gas throughout New York and Westchester and has set up a program which provides cash incentives and rebates to businesses that install energy efficient products. Smartcool has proven its product worthy of becoming a market partner with the utility giant which has roughly $13 billion in annual revenues and provides service to more than 3 million customers.

George Burnes, President and CEO of Smartcool was quoted in today's news release stating:

"Our energy efficiency products already offer a long list of financial and environmental benefits to our customers, and being listed as a Market Partner with Con Edison provides an additional incentive to choose Smartcool. This is also a crucial first step in getting our products pre-approved for rebate, and we are looking forward to working towards this with Con Edison."

"Inclusion in utility rebate programs is an extremely effective way of increasing the visibility of energy efficiency products such as Smartcool's to end customers. These programs provide financial incentives that help offset the cost of efficient equipment upgrades. Implementing energy efficient upgrades in a facility can help improve a company's bottom line by reducing energy usage and increasing a building's overall performance. "

Read today's news release here...

Monday, 22 August, 2011

FRENCH PUBLICATION: KRILL'S FUTURE BRIGHT

Neptune Technologies & Bioressources
TSXV: NTB - NASDAQ: NEPT
Basic Shares: 48.2 million
Fully diluted: 53.9 million
*****************************************

The sky is the limit for the booming omega-3 market here and around the world, a France-based food trade publication called NutraIngredients wrote in the first of its three-part research report.

The market for omega-3 food, beverage and supplements around the world is worth roughly $8 billion with annual growth of around 17%. The publication found that while the U.S., with sales of $4 billion is the dominate consumer in world markets, other markets and especially Asia are showing equal or faster growth.

Quoting one expert, the online version of the NutraIngredients publication, stated Asia is growing almost three times as fast as North American and Western European markets.

Fish oil held roughly 80% of the 2010 global omega-3 market, but the publication found krill oil was gaining rapidly and Neptune Technologies was the first of three producers named in the article.

In the second article, the publication stated the yearly value of the krill supply for human use is estimated to be at $100 million and growing at around 20% per year.

Dr. Wael Massrieh, Neptune's Research and Development Director, was quoted in the article stating a lot more public and industry education has to be conducted to increase krill oil's market share.

VentriPoint's Attributes Are Many - A Director's Perspective

VentriPoint Diagnostics Ltd.
VPT - TSX Venture
Shares issued: - 79.4 million

Fully diluted: - 99.6 million
*****************************


He could boast of an impressive background in the healthcare and investment industry but that wouldn't be his style! Much to the benefit of VentriPoint Diagnostics, Don Black joined the Board of Directors this past July, which was not a decision taken lightly.

The key is, why would this gentlemen who sports over 25 years in the U.S. healthcare industry and recently stepped down as the President of the Children's Health Corporation of America, join the board of this emerging company with its unique 3D image creation technology?

To get those answers, we asked Don to answer some of our questions not only from the perspective of the healthcare industry but also on the subject of value creation considering his many years he also spent as an investment banker, specializing in healthcare, at Piper, Jaffray & Hopwood.

To listen to the interview, click below.




To visit Don's website, click here.

Thursday, 18 August, 2011

ANALYST MOVES FROM BUY TO STRONG BUY

Neptune Technologies & Bioressources
TSXV: NTB - NASDAQ: NEPT
Basic Shares: 48.2 million
Fully diluted: 53.9 million

******************************************

Catalyst Equity Research Analyst, Robin Cornwell, bumped up his recommendation on Neptune Technologies stock from a Buy to a Strong Buy in his latest report issued today.

Mr. Cornwell stuck to his one-year share target price of $7. He highlighted the expected positive announcements from Nestle's and Yoplait's clinical trials on Neptune's Krill Oil as a food additive and recent U.S. distributor deals that are expected to dramatically increase demand to backstop his Strong Buy rating.

Interestingly, while Mr. Cornwell pegs his one-year target price at $7, Roth Capital analyst Joseph Pantginis called for a $9 share price in his recent initiating report.

Mr. Cornwell has forecasted Fiscal 2012 revenue of $22.3 million for a year-over-year increase of 34% while the Roth report called for a $25 million revenue target.

Similar differences applied to their revenue forecasts for fiscal 2013 with $30 million projected by Mr. Cornwell and $33 million by Mr. Pantginis.

On the next 12 to 18 months, Mr. Cornwell noted that most investors will have a sharp eye on Acasti`s phase II clinical trials.

But he added that:

"... we strongly believe the focus should also include potential exciting clinical trial results from Neptune’s two commercial partners in Europe, Yoplait (50% owned by General Mills) and Nestle. Positive clinical trial results would not only further validate Neptune’s NKO™, but would herald the introduction of new functional/medical food products. We estimate this would add over $2.00 per Neptune share on a net present value basis, just for starters."

To read Mr. Cornwell`s full report, please click here.

Carfinco Has 2011 Record Day Of Trading

Carfinco Income Fund
TSX: CFN.UN
Units outstanding: 24.61 million
Units fully diluted: 24.65 million
------------------------------------


On the heels of Jason Donville again mentioning Carfinco last night as one of his top picks on BNN's Market Call Tonight and an article published in The Globe and Mail today, Carfinco had a spectacular day of trading in an otherwise abysmal market.

Carfinco traded 211,878 units today, more than 11 times the 90 day average trading volume of 18,767 and highest number since December 2010. The Units closed at $6.38, up $0.16.

Mr. Donville's BNN mention of Carfinco can be seen here just past the 2 minute mark where he mentions that he expects Carfinco to increase its dividends.

As noted in the Globe, Franklin Cameron writes in The Globe's BNN Market Call column that Mr. Donville says: "Carfinco is growing at 30 per cent per annum and sports a nice 4.8-per-cent dividend yield. Given the growth rate of the company and the low payout ratio, we would expect the company to raise its dividend later this year."

Wednesday, 17 August, 2011

Are We Watching an Airline Safety Revolution?

AeroMechanical Services Ltd. (TSX:V-AMA)
Basic Shares: 118.58 million
Fully Diluted: 134.33 million

***************************************

A revolution is like a slow-burning forest fire.
It takes a spark to set one small patch ablaze and it grows and grows until it is impossible to stop.

Such is the case with AeroMechanical Services.

Hopefully!

The spark in this case was a little-noticed recommendation contained in the third interim report by the European aviation accident investigation agency looking into the tragic accident of the Air France flight 447 that fell into the south Atlantic Ocean just over two years ago.

The Bureau d’Enquetes et d’Analyses (BEA) recommendation was that the International Civil Aviation Organization and the European Aviation Safety Agency require triggered data transmission from an aircraft in flight in the near future.

This innocuous-sounding recommendation could usher in a new era of airline passenger and crew safety.

Essentially, it could result in a NASA-like approach being adopted by the airline industry where aircraft, like spacecraft, are richly monitored back on earth and ground-based experts are there to help pilots resolve in-flight issues in hopes of preventing accidents.

Currently, there is a deeply-rooted tradition in the airline industry where pilots have sole responsibly to resolve on board problems.

NASA, on the other hand, can detect when an astronaut's heart rate changes from millions of miles out in outer space and a variety of experts are always available to help astronauts with on board issues.

It's a dramatically different approach.

Yet this key BEA recommendation has been completely missed by the international press, which pounced en masse on this story with a steely focus on why AF447 failed, not on how this accident may lead the airline industry to a much better way forward.

Many factors will come into play before the hope this recommendation kindles turns into a full-blown revolution in airline safety.

The airline industry can be ponderously slow at adopting new technologies as evidenced by the 10-year battle Australian scientist, Dr. Peter Warren, endured to get his aircraft black box invention made mandatory in the first place.
Still, this is one of the most fundamentally significant moves on the issue of data streaming that AeroMechanical has witnessed.

To read more about the BEA story, please click here.

Tuesday, 16 August, 2011

Roth Capital Reiterates Neptune Buy

Neptune Technologies & Bioressources

TSXV: NTB - NASDAQ: NEPT
Basic Shares: 48.2 million
Fully diluted: 53.9 million
******************************************


The Roth Capital update was prompted by a "rogue" Q1/F12 revenue consensus that appeared on an Internet site that called for $16.7 million in sales versus the $4.3 million that was reported.



Following the release of the first quarter numbers, the stock quickly dropped about 13% to the $3.80 range on large volume as it appeared NTB had missed revenue targets by a mile. However, the unexplained Internet site revenue consensus was wildly off the mark, which was unfortunate for those folks who follow the site and sold their stock!



Reality is that Neptune's $4.3 million in quarterly sales slightly exceeded Roth's call of $4.2 million. The U.S. investment firm reiterated it's $9 target.



Today's activity graphically illustrates the speed at which information moves through the online world and how quickly investors react; even to wrong information.



As of this writing, the stock had climbed back over $4 on both sides of the border.



To read Roth's update, click here

1st Quarter Results for Neptune & Acasti

Neptune Technologies & Bioressources
TSXV: NTB - NASDAQ: NEPT
Basic Shares: 48.2 million
Fully diluted: 53.9 million

******************************************



First quarter results for both Neptune and its 60%-owned subsidiary, Acasti Pharma, showed the effects of some new economic wrinkles.


For instance, most of Neptune's revenue comes in U.S. dollars so the slide in its value, compared to the Loonie, had a negative impact. So did the mandatory change in accounting standards to the International Financial Reporting Standards or IFRS.


Nevertheless, Neptune's consolidated revenue for the first quarter ending May 31, 2011 increased 3.1% over the same period last year to reach $4.2 million.


Had that revenue been measured in constant dollars (the same Canadian/American currency exchange that existed in the first quarter last year) the increased year-over-year revenue would have been around 10%.


But because of the hard-knock school of fluctuating currencies - and despite the revenue increase - net earnings sank to $1.2 million, or a per share loss of $0.028 compared to last year's first quarter net income of $494 thousand or per share earnings of $0.01.


To read Neptune's full first quarter release, please click here.


Given that Acasti Pharma is engaged in a Phase II clinical trial of its drug candidate, CaPre, research and development costs nearly doubled in its first quarter to come in at $461 thousand.


Net loss for Acasti's first quarter - after limited revenues of $83 thousand - was just over $1 million, compared to $542 thousand in the first quarter last year when there was no revenue.


Nevertheless, Acasti has well over $1 million sitting in the bank from its first financing and could reap about $8 million from the current rights offering.


Acasti also has two commercial products it is working on while the clinical trial proceeds.


To view Acasti's full first quarter results, please click here.


In addition, The Howard Group, was reengaged for another year to provide investor relation services for Neptune and was contracted for the first time to provide investor relation services to Acasti.

Monday, 15 August, 2011

The Howard Group Wishes Buchans The Best

Buchans Minerals Corporation (TSXV:BMC)
Basic Shares 150.9 million
Fully Diluted 193.7 million
---------------------------------------------------




All relationships change and on that theme, The Howard Group is passing the IR torch solely to Buchans' internal investor relations individual. We've worked with BMC since the spring of 2010 and in that period there was a significant improvement in liquidity, stronger stock price and many new relationships introduced to BMC.

The stock is still owned in our office based on the merit of multiple properties BMC owns.

Drilling is underway at Long Range where a new gold property was discovered late last year called Gold Quest. The company and its partner Benton, are looking for gold.

The Woodstock manganese property received a lot of attention this year from those few who really understand this could be a rare opportunity. Management states that Woodstock could be the largest undeveloped resource of its type in North America. Drilling is also currently underway.

Also, Buchans' flagship property Lundberg has just had its Preliminary Economic Assessment (PEA) upgraded to an internal rate of return (IRR) of 43.94% with a net present value of $217.8 million.

Friday, 12 August, 2011

Revenue Targets Increased For IWG Technologies

IWG Technologies (TSX-V: IWG)
Basic Shares: 38.1 million
Fully Diluted: 45.6million

*******************************




Fundamental Research has bumped its F2011/12 revenue targets for IWG Technologies based on the recent acquisition of the Keltech line of aviation water heater products.

The research group raised its revenue and earnings forecasts for F2011/12 (primarily as a result of the acquisition). Fiscal yearend is September 30.

* F2011 - forecasts: revenue $4.54 million (up from $4.41 million) & net income of $0.29 million up from $0.19 million.

* F2012 - forecast: revenue $5.30 million (up from $4.80 million) & net income of $0.37 million up from $0.20 million.

Fundamental is holding to its fair market value on the stock of $0.30, five times the current trading price.

To read the update report, click here.

MicroPlanet Technology In Elite Company

MicroPlanet Technology Corp.
TSXV: MP
OTC Pink: MCTYF

As of March 18, 2011

Shares Outstanding: 63.2 million
Fully Diluted: 82.2 million
-------------------------------


MicroPlanet announced today that its energy saving smart grid technology will play a key part in the U.S. Department of Energy Solar Decathlon 2011 that is being staged in Washington, D.C., in September and October. www.solardecathlon.gov

The magic of MP's technology is that it not only balances power coming off the grid but power being introduced to the system such as what occurs with solar and wind farms. Think of what happens in your home when there is a power surge or bump! The same thing can happen to the grid if power is not controlled or balanced when it is fed into the system.

In speaking to this issue, Byron Stafford who is the Site Operations Manager for the Solar decathlon noted that, " The Solar Decathlon is a concentrated microcosm of what occurs in the real world as distributed and renewable generation sources cause increases in line voltage. As we experienced during Solar Decathlon 2009, line voltage rise causes inverters to trip, stopping electricity from being passed back into the grid from the renewable sources. We are pleased to find the MicroPlanet technology with the capabilities and features to efficiently, precisely, and bi-directionally regulate voltage."

The Solar Decathlon challenges 20 teams to design, build, and operate solar-powered houses that are cost-effective, energy-efficient, and attractive. The winner of the competition is the team that best blends affordability, consumer appeal and design excellence with optimal energy production and maximum efficiency.

The choice of MicroPlanet's technology is a coup and a large feather in the company's hat. This event will put many eyes on MP as it attracts numerous utility companies for example.

We will be providing additional coverage and commentary on the decathlon as members of MicroPlanet's management and technical team will be in attendance.

To read the news release, click here.

Wednesday, 3 August, 2011

Carfinco Does It Again - Another Record Quarter

Carfinco Income Fund
TSX: CFN.UN
Units outstanding: 23.97 million
Units fully diluted: 24.6 million
--------------------------------------

Understated, reliable and consistent are a few apt words for the company that quietly goes about its business; each quarter offering up to its fortunate investors an island of financial comfort amidst turmoil and stormy seas.

Carfinco turned out a record ninth quarter with the release of its Q2/2011 results that saw pre-tax earnings rise to $5.8 million versus $4.6 million in Q2/2010.

This sub-prime auto finance company has come close to perfecting its lending process. Even though Carfinco deals in a higher risk arena, delinquencies of 31+ days were down to 2.6% on its $135 million loan portfolio from 3.3% a year ago.

After tax earnings for the quarter were $4.3 million ($0.17 per unit) with current and deferred taxes coming to $1.5 million.

For the first six months of 2011, Carfinco distributed $3.5 million or 41% of after tax earnings.

To read the news release and review all financial information, please click here.