Sonics & Materials, Inc. (fka SIMA)

[tsoprano-1]

Got a small batch of COMX today at $3. Hoping for more tomorrow. Finally showing an offer, $4.25.

T

[geodan]

JustOut $34MillionRevenueThisQ!! NTIP is nowFree Cash=MktCap!! NTIP Network-1 had the largest quarterly revenues in its history with revenue of $34,326,000 for the three months ended September 30, 2016 as compared with revenue of $3,008,000 for the three months ended September 30, 2015. The increase in revenue of $31,318,000 for the three months ended September 30, 2016, was due primarily to additional licensing revenue of $31,000,000 from settlement and licensing agreements entered into with Apple Inc. and Dell, Inc. during the quarter. Revenue from royalty bearing licenses for patents decreased $232,000 or 14% from $1,658,000 to $1,426,000 for the three months ended September 30, 2016 compared to the three months ended September 30, 2015.

Network-1 had revenue of $59,963,000 for the nine months ended September 30, 2016 as compared to revenue of $10,382,000 for the nine months ended September 30, 2015. The increase in revenue of $49,581,000 for the nine months ended September 30, 2016, was due primarily to additional licensing revenue of $31,000,000 from settlement and licensing agreements with Apple Inc., and Dell, Inc. as well as a $17,500,000 settlement of a professional liability claim. Revenue from royalty bearing licenses for patents increased $70,000 or 1% from $8,593,000 to $8,663,000 for the nine months ended September 30, 2016 compared to the nine months ended September 30, 2015.

Network-1 reported net income of $10,832,000 or $0.46 per share (basic) and $0.43 per share (diluted) for the three months ended September 30, 2016 compared with net income of $407,000 or $0.02 per share (basic and diluted) for the three months ended September 30, 2015.

Network-1 reported net income for the nine months ended September 30, 2016 of $22,882,000 or $0.98 per share (basic) and $0.93 per share (diluted) as compared with net income of $1,717,000 or $0.07 per share (basic and diluted) for the nine months ended September 30, 2015.

At September 30, 2016, Network-1 had cash and cash equivalents of $57,759,000 and working capital of $50,179,000. Subsequent to the end of the third quarter, Network-1 entered into settlement and license agreements aggregating $5,000,000, a portion of which will be recorded as revenue for the quarter ended December 31, 2016.

There is now no Enterprise value Cash=Mkt Cap! I just bot $20,000 today at 1.70, an old order was left over. The market has not noticed sales up 500% and cash now equals maret cap, teh company is now for free.

Since SIMA folks are deep value, thought might be of interest

[geodan]

SSG.v Another hypervalue, got 100% out of it in weeks. Bot for .14 at beginning of Oct was over .30 in weeks, sold some over .30, just 2 days ago bot even more back at .21 sat still, then see after close it went up to .27 today.

https://finance.yahoo.com/quote/ssg.v?ltr=1

They did some debt restructuring. Numbers quite amazing.

Market Cap (intraday) 5 3.28M
Enterprise Value 3 12.68M
Trailing P/E 2.75
Forward P/E 1 N/A
PEG Ratio (5 yr expected) 1 N/A
Price/Sales (ttm) 0.05
Price/Book (mrq) 0.82
Enterprise Value/Revenue 3 0.20
Enterprise Value/EBITDA 6 2.71

[geodan]

NoName yes, tried it would not. Its not worth it to open an account just for one stock, but will keep that list in mind, thanks.

BTW since you are into super undervalued stocks, check out WTP.AX Watpac, think it might be the cheapest stock in world. I have bot just 5,000 of it so far. Its Australia only, but very liquid, penny spread. https://ca.finance.yahoo.com/q/ks?s=WTP.AX

More cash than mkt cap, > $billion in sales, big cashflow, fully reporting. Rather amazing, but since no one talks about Watpac except one TheStreet that said it was a company for free, would like others to see if they see flaws in it before going deeper in it.

No board for it anywhere, so created one here on Ihub.

Thanks for your articles, found your site during my search for the cheapest stock in the world and bot one from it. Did you mention MEI.to there? Maybe picked up on that one from you too.

Cheers

BTW just read your list, 30 trades not an issue, seriously I do that on average per day. Just counted, 24 so far today.

[NoNameStocks]

Fidelity also will not let you trade SIMA. It trades on the grey market so there's no electronic bid/ask available anywhere.

Here's a blog post of mine showing some brokerages who will let you trade SIMA:
http://www.nonamestocks.com/2016/10/brokerage-firms-otc-markets-and-dark.html

[tsoprano-1]

Thanks. Otherwise I will use this board, unless I deem it private in nature.

T

[tsoprano-1]

I get last trade on Ameritrade but need to call in for actual bid/ask. First time I did it they said my bid at 2.75 was the bid and there was no offer. Weird, but it actually got me excited about the few shares I had gotten. Since then 15-20,000 shares have changed hands at 2.75.

T

[geodan]

worse IB will not trade it, Looks like Fidelity does, but no quotes.

[geodan]

Good work, and useful info to know, thanks

[geodan]

Thanks T, IB does not show prices, where is best bid ask for SIMA out there, closest and up to date?

[NoNameStocks]

thanks

You can enter a comment as "Anonymous" without creating any sort of account. It's at the bottom of the "Comment As" drop down list below where you type in the comment

[tsoprano-1]

No Name, I have tried to respond to your blog but won't publish unless I join Google. That is not happening. What I have been trying to say is precedent was set back in late 80's when BorSon construction tried to take Shelter Corp private below book. A broker I worked with sued on behalf of his clients and won. Court ruled book value was minimum. Again in early 2000's a company I had been accumulating, VINT, tried same ploy. I told BOD about court ruling and offer went from 3.50 to over 7. So book value or court.

T

[tsoprano-1]

Geo, see no name stock site. Gives everything needed. I have been able to pick up some shares at 2.75. Actually a fair number of shares traded there recently.

T

[NoNameStocks]

new blog post: $COMX and $SIMA Updated Numbers http://www.nonamestocks.com/2016/11/comx-and-sima-updated-numbers.html

[geodan]

Hi Snakess, What would the

market cap
shares out
EBITDA

be?

Can not trust Yahoo#s they say https://ca.finance.yahoo.com/q/ks?s=SIMA
only 1 million in cash, so assume rest wrong too.

Thanks

[geodan]

Hi T, Small world, saw same noname article and personally know Nick Bodnar. Can someone PM SIMA's financials or a link to them being they have gone dark?

BTW T and I have been discussing another stock WTP.AX Watpac, which just might be the cheapest stock there is. Its big too, in sales not mkt cap. Its over $1 billion in sales an Australian contractor for mines and building, and more cash than mkt cap. I have created a board here for it, just search on watpac or WTP.AX

Yahoo https://ca.finance.yahoo.com/q/ks?s=WTP.AX

Hope can somehow see SIMA's numbers.

[tsoprano-1]

Apparently we have found a price that both buyers and sellers agree on. 9000 shares in three blocks. Things opening up finally.

T

[tsoprano-1]

Thanks for info. Not sure why I didn't get that email. Been with SAAD for years. I got 100 more shares last week. Saw someone got 1-2000 shares a couple days ago. Lucky sons a gun.

T

[snakess]

http://saadvisory.com/update/archive/October-28-2016.htm updated financial at the bottom of this email alert just released concerning sima

[snakess]

lazy not inform investor and lazy sleazy trader that did not check the market as he should have. There are at least 2 bids one 2.50 and the other was 2.75. So yes the investor got screwed by his own lack on knowledge.
After that trade i checked the markets and they remain 2.50 and 2.75 bid
Patient grasshopper is the theme here

[tsoprano-1]

Someone got a deal. I have had an order for 300@$2.75 for a couple now and saw someone filled 300@$1.70. Of course, seller got screwed. Not sure how to avoid this from happening in future. Must be a couple market makers and with no bid/ask showing kinda left to chance, I guess.

T

[tsoprano-1]

Thanks, snakess. I agree, good price. Just hope getting more down the road is possible. I go thru same problems trying to fill buys on CCOM. Nicholas Bodnar writes some good articles for Seeking Alpha on obscure stocks. Usually trading below book value. Check him out sometime.

T

[snakess]

I would say that your got a great price. The number were better than i anticipated. I thought that they would not increase R&D past 1.5 million but instead they increased it to 2.1 million If they had not it would have been another .20 in earnings.
The G&A was also reduced which increased earnings by .06
Revenue is starting to creep up by 500k over last year.
I believe that new introduction on new product should speed up rev going forward.
Remember the 1st Q is over- They most likely earned another .15-.20 for the quarter and increased their cash position and book value.
There are plenty of options for this company dividend because of huge
cash horde, go totally private and buy back the shares that remain- some 600k would not cost them that much as mentioned at 10 dollars because in a few years they would re-earn that money.
Sell the company another option
EBITDA for the year is .99 and the stock you purchase was 2.56 crazy cheap could easily trade at 10x EBITDA
pe,psr,p/bk, p/cf and zero debt
book 7.15
cash over 5$

[tsoprano-1]

Snakess, thanks for posting. Very good numbers. That was me at 2.56 yesterday. When I called Ameritrade for a quote they said I was the bid and there was no offer. I have never heard of that. No offer? I guess you need to put out a bid and wait. GLTA.

T

[snakess]

just received year end statement for June 30, 2016 for sima directly from company


cash end of june 30th $16,732,191.00 or based upon 3.4 million shares $4.92
bk value $24314982.00 or $7.15
revenue slight growth $20,520,042.00- $500k over last year
Comprehensive income including unrealized gain of 200k or $2,420,877 or .71/ fully diluted share
R&D increased even more to $2.1 million from $1.5 million
no debt
G&A down $200k
the ship is being run perfectly
wow

received doc from company today

strong buy
last trade today was 2.56 with .71 net income/sh we are trading at 3.6X trailing. Remember the q1 just ended and they earned another .15-.20
cash cow that manufactures money

[snakess]

New recommendation from noted financial publication since 1984
visit www.saadvisory.com or http://saadvisory.com/update/archive/October-14-2016.html
If you choose to visit website see just release October 14th 2016 email
alert on SIMA (Sonics and Material, inc.)

[kitty the cat]

Nice pump

[NoNameStocks]

new blog post

I've read through some reports and wrote up SIMA on my blog:

http://www.nonamestocks.com/2016/09/sima-is-cheapest-stock-i-know.html

[stocktrademan]

$SIMA DD Notes ~ http://www.ddnotesmaker.com/SIMA

bullish

$SIMA recent news/filings

## source: finance.yahoo.com

no recent news found
*********************************************************


$SIMA charts


basic chart ## source: stockscores.com



$SIMA company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/SIMA/company-info
Ticker: $SIMA
OTC Market Place: OTC Pink No Information
CIK code: 0001000166
Company name: Sonics & Materials, Inc.
Company website: http://www.sonicsandmaterials.com
Incorporated In: DE, USA

Business Description:


$SIMA share structure

## source: otcmarkets.com

Market Value: Not Available
Shares Outstanding: Not Available
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.03
$SIMA extra dd links

Company name: Sonics & Materials, Inc.
Company website: http://www.sonicsandmaterials.com

## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/SIMA/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/SIMA/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=SIMA+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=SIMA+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=SIMA+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/SIMA/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/SIMA/news - http://finance.yahoo.com/q/h?s=SIMA+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/SIMA/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/SIMA/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/SIMA/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/SIMA/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/SIMA/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/SIMA/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/SIMA/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/SIMA/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=SIMA+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/SIMA
DTCC (dtcc.com): http://search2.dtcc.com/?q=Sonics+%26+Materials%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Sonics+%26+Materials%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Sonics+%26+Materials%2C+Inc.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.sonicsandmaterials.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.sonicsandmaterials.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.sonicsandmaterials.com

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/SIMA/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/SIMA
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/SIMA/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/SIMA/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/SIMA/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001000166&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/SIMA/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/SIMA/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/SIMA/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/SIMA/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=SIMA&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=SIMA
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/SIMA/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=SIMA+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=SIMA+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=SIMA
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=SIMA
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=SIMA+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/SIMA/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=SIMA+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/SIMA.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=SIMA
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/SIMA/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/SIMA/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/SIMA/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/SIMA/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/SIMA
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/SIMA
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/SIMA:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=SIMA
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=SIMA



$SIMA DD Notes ~ http://www.ddnotesmaker.com/SIMA

[free_bee]

http://www.sonics.biz/about-news-section.php?sectionID=1&articleID=60


Sonics to display new Ultrasonic Metal Welding System at the Assembly Show

September 17th, 2013

20 kHz System Features Patented Left and Right Nodal Mounting Systems and Color Touchscreen Controller

Sonics & Materials, Inc. will be demonstrating its newly re-designed MW20 Ultrasonic Spot Welding System, now available in both right and left versions allowing multiple welders to be located within close proximity. The system’s M-Series power supply provides microprocessor control, color touchscreen interface, power graphing and electronic pressure regulation in power levels from 1500 to 4000 Watts.

The MW20 is engineered to provide highly repeatable results with production-friendly features, such as the patented nodal mounting system that allows for industry-leading quick stack changes. The self-orienting horn and tips are cost effective and simple to replace. The lab version has a large ground steel base that allows for easy tooling changes and integrated operator controls. A large anvil stage with independent x-y adjustment facilitates part fixturing and precision down/up stops provide total motion control.

Other standard features include convenient weld quality data storage options, upper and lower weld parameter limits, barcode reader and PLC interfaces. All models include soft-start overload protection circuitry, load regulation circuitry and power factor correction.

About Sonics
Since 1969, Sonics & Materials, Inc. has been a world leader in the field of ultrasonic welding technology, manufacturing the industry’s most advanced welding systems, including large-part linear vibration welders and spin welding machines. The company, which is ISO 9001 certified, designs and builds a complete line of hand-held, bench-top and semi-automated welding systems, and offers in-house application assistance, materials testing laboratory service, global sales and distribution network and on-site field service. Automotive, industrial, medical, packaging, toy, appliance, consumer and synthetic textile manufacturers around the world use Sonics’ standard or customized equipment to weld the full spectrum of commodity and engineering materials.


Sonics & Materials, Inc., 53 Church Hill Road, Newtown, CT 06470, USA
Phone: [phone], Fax: [phone], Toll Free in USA: [phone]
Email: [e-mail], or visit the company’s website at www.sonics.com
Sonics and Sonics & Materials are registered in U.S. Patent and Trademark Office.