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SeeThruEquity Issues $FLUX Update $4 Target
Press Release
NEW YORK, NY /October 9, 2018 / SeeThruEquity, the leading independent equity research firm focused on smallcap and microcap public companies, today announced it has issued an update note on Flux Power Holdings, Inc. (FLUX).
The report is available here: Flux Update Note
We are updating coverage of Flux Power Holdings, Inc. ("Flux") following revenue growth of over 350% in FY2018 and guidance to more than double revenue in FY2019.
Flux develops and markets advanced lithium-ion batteries that replace lead acid chemistries long used in electric forklifts and airport ground support equipment. Its energy storage systems utilize proprietary battery management system (BMS), as well as in-house engineering and product design to address pain points in industrial battery storage.
Flux's solutions deliver improvements to performance, electricity consumption and cycle life, as well as environmental compliance and greater return on investment than legacy lead acid solutions. Following the initial launch of battery solutions for Class 3 "Walkie" pallet jack forklifts, Flux is introducing bigger, more powerful solutions for Class 1 and Class 2 forklifts, Class 3 end riders, and airport ground support equipment.
Supported by strong growth in FY2018 and an outlook to more than double sales in FY2019, we view Flux as having transitioned from development stage to a growth company targeting an estimated $10 billion opportunity for industrial lithium battery solutions.
SeeThruEquity Issues $FLUX Update $4 Target
Press Release
NEW YORK, NY /October 9, 2018 / SeeThruEquity, the leading independent equity research firm focused on smallcap and microcap public companies, today announced it has issued an update note on Flux Power Holdings, Inc. (FLUX).
The report is available here: Flux Update Note
We are updating coverage of Flux Power Holdings, Inc. ("Flux") following revenue growth of over 350% in FY2018 and guidance to more than double revenue in FY2019.
Flux develops and markets advanced lithium-ion batteries that replace lead acid chemistries long used in electric forklifts and airport ground support equipment. Its energy storage systems utilize proprietary battery management system (BMS), as well as in-house engineering and product design to address pain points in industrial battery storage.
Flux's solutions deliver improvements to performance, electricity consumption and cycle life, as well as environmental compliance and greater return on investment than legacy lead acid solutions. Following the initial launch of battery solutions for Class 3 "Walkie" pallet jack forklifts, Flux is introducing bigger, more powerful solutions for Class 1 and Class 2 forklifts, Class 3 end riders, and airport ground support equipment.
Supported by strong growth in FY2018 and an outlook to more than double sales in FY2019, we view Flux as having transitioned from development stage to a growth company targeting an estimated $10 billion opportunity for industrial lithium battery solutions.
$FLUX Featured in Energy Manager Today Story
Growing Popularity of Lithium-Ion Electric Powered Forklifts
Israel-Backed Diagnostic Company Gains US Listing $HOLL
This is tiny but worth noting - given potential of the technology and caliber of those involved, however it still a non-reporting OTC Pink Company
Hollywood Media Completes Transformational Investment in NewStem, Israel-Based Developer of Haploid Stem Cell-Based Diagnostics to Predict Chemotherapy Resistance
NewStem Formed with Support of The Hebrew University of Jerusalem -
JERUSALEM and BOCA RATON, Fla., July 16, 2018 - Hollywood Media Corp. (OTC Pink:HOLL) (HMC) today announced the strategic transformation of the Company, its management and Board through an initial $2 million investment in Jerusalem, Israel-based NewStem Ltd. and a refocusing of HMC on the substantial commercial potential of NewStem’s novel diagnostic technology which can predict patients’ resistance to chemotherapy allowing for better, targeted cancer treatments and the potential to reduce resistance to chemotherapy. Drug resistance is a major cause of treatment failure in cancer chemotherapy, and currently it is only recognized after the first course of treatment has been completed. In nearly 50% of all cancer cases, resistance to chemotherapy already exists in the tumors before initiation of the treatment.
Link to Press Release
$FLUX '18 Rev's +340% as lithium batteries gain share
This is NOT fuel cells vs. lithium-ion batteries as they both have their value, place & scale that make sense - it's about the displacement of legacy lead-acid battery chemistries which deliver inferior performance, shorter life span, require cooling after charging; do not allow opportunity charging, require more energy (expense) for charging and have maintenance & regulatory requirements for venting, reporting, first aid, etc. than these cutting edge new options. We represent $FLUX in its IR effort and believe the forklift battery opportunity approaches $10B, and there are other markets like Airport Ground service equipment, etc. that offer other avenues for growth. After a few years of talk about new technologies - clearly deployments are happening and ramping and we want to make sure investors are taking notice - even though $FLUX remains small and early in its development - despite its impressive customer base - particularly in the material handling intensive food & beverage industries - where cutting supply chain costs is a daily imperative. more info at www.fluxpwr.com
https://finance.yahoo.com/news/flux-power-sees-fy-2018-142618600.html
Lithium-ion Forklift Battery Maker $FLUX Power Sees FY 2018 Rev's Rising 340% to $4M & More than Doubling in FY 2019
$ENS & $JCI are to big lead-acid makers; $PLUG & $FCEL & $BLDP are fuel cell providers; $HY is a forklift maker (along with Toyota, Crown, Raymond, etc. Other battery peers include $CBAK $ULBI & $HPJ
$HOLL transformation into Stem Cell Diagnostic Investment (NovelStem International Corp.)
Is intended to position shareholders for substantial upside as the tech developer NewStem Ltd. advances its technology toward commercialization. With very substantial potential and target markets and the potential enhance patient care and reduces costs for chemotherapy treatments - NewStem could become worth much more than it's current $10M post money valuation (we've all seen biotech valuations many times that - so it's certainly possible if things progress).
That's the idea - and the upside from the Netco Partners 50% interest remains with current holders. We do IR work for HOLL so let us know if you'd like to learn more or be added their distribution list.
Link to Press Release
Israel-Backed Diagnostic Company Gains US Listing $HOLL
This is tiny but worth noting - given potential of the technology and caliber of those involved, however it still a non-reporting OTC Pink Company
Hollywood Media Completes Transformational Investment in NewStem, Israel-Based Developer of Haploid Stem Cell-Based Diagnostics to Predict Chemotherapy Resistance
NewStem Formed with Support of The Hebrew University of Jerusalem -
JERUSALEM and BOCA RATON, Fla., July 16, 2018 - Hollywood Media Corp. (OTC Pink:HOLL) (HMC) today announced the strategic transformation of the Company, its management and Board through an initial $2 million investment in Jerusalem, Israel-based NewStem Ltd. and a refocusing of HMC on the substantial commercial potential of NewStem’s novel diagnostic technology which can predict patients’ resistance to chemotherapy allowing for better, targeted cancer treatments and the potential to reduce resistance to chemotherapy. Drug resistance is a major cause of treatment failure in cancer chemotherapy, and currently it is only recognized after the first course of treatment has been completed. In nearly 50% of all cancer cases, resistance to chemotherapy already exists in the tumors before initiation of the treatment.
Link to Press Release
$OESX Trades 10 days Above Nasdaq Minimum Bid
Effective yesterday, Orion Energy had traded 10 consecutive days above Nasdaq's minimum $1.00 closing bid price threshold - which positions it for a potential cure of its listing compliance requirements - pursuant to which it needs to achieve a "minimum of 10" consecutive trading days with a closing bid price above $1.00.
Seems we are close to putting this listing issue behind the company - and they can focus on there goals for FY 2019 which started April 1 of 10% revenue growth, 30% gross profit margins and breakeven EBITDA by Q2'19.
Solid balance sheet, strong team and recent insider purchases of 187,000 shares between 7 officers or directors. Orion is a leader in quality and customer service and has nearly 40% of the Fortune 500 as customers. Orion Lighting Website
High-Margin, Growing IoT Monitoring Co. $ACFN
Acorn Energy (ACFN) is a compelling microcap value / growth company that owns 80% of a solid, high-margin recurring business in the remote monitoring and control of natural gas pipelines and stand-by generators.
Recent selling pressure puts the stock at very attractive levels.
Recent Price: $0.32
Market Cap: $8.9M
EV: ~$7.1M
Shares out: 29.5M
Growth Rate: 20%
LTM Gross Margin: 58%
2017 Cash Sales: $5.1
2018E Cash Sales: >$6.0
2019E Cash Sales: >$7.0
Price /2019E Cash Sales: 1.3x
OmniMetrix is Acorn’s monitoring business with a:
• who’s who customer list including 23 Fortune 500 customers
• >50% of revenue is recurring with 94% customer retention
• organic growth of 20% per year
• gross margins near 60%
• a clear pathway to profitability supported by ~$1.8m in net cash.
The value we see today in Acorn shares stems from its transition the past two years under new leadership from a cash hemorrhaging conglomerate to a focused, lean and mean Internet of Things service provider led by CEO Jan Loeb. He brings decades of experience, financial savvy and discipline as a special situations and deep value investor. Since joining Acorn Loeb has reduced corporate overhead by $2.5M or 70%
Acorn’s OmniMetrix monitoring business is on track to deliver cash sales (revenue + deferred revenue increase) over $6M in calendar 2018 and over $7M in 2019.
Over 50% of its annual revenue is for recurring monitoring services with a gross margin over 80% – yet this growing, high margin business is selling for just ~1.3x 2019 estimated sales - while also pursuing accretive, complementary acquisitions. Private market valuations in the IoT space are in the 2.5x - 4x range and even higher.
Acorn has trimmed overhead at the parent and OmniMetrix levels, bringing it closer to its goal of cash-flow breakeven within a year. Acorn also has a tax loss carry forward of over $60m which would shelter future income from taxes for many years.
Acorn’s M&A effort is guided by Loeb's substantial business, financial and capital markets savvy and relationships which will ensure the Company makes sound, shareholder friendly decisions.
Finally, as Acorn’s largest shareholder (with 1.3 million or 4.4% of shares outstanding), Jan’s focus is on delivering shareholder value within a reasonable time frame – NOT preserving his role as CEO. So, if Acorn is unable to drive value via M&A and organic growth, the Company will pursue alternative paths to creating value for shareholders.
We represent Acorn in its IR effort so please email acfn@catalyst-ir.com with any questions or call us at 212 924 9800 - please also review the following:
ACFN Presentation
ACFN Website
David Collins
Catalyst IR
Broad Recent Insider Buying at $OESX - LED Lighting Maker
Plus latest filing from today:
Director Purchases 6,800 shares at $1.07
$FLUX Shares Rise 38% This Week Reaching $0.93
Flux shares have continued to perform well after ending March at $0.50, they ended April at $0.53 and May at $0.65. At $0.93 Flux's market cap is $25M - which is relatively modest compared to its potential to more than double revenues in FY 2019 (starting July 1, 2018) to $8-9M as more companies adopt lithium-ion forklift batteries to replace outdated lead-acid batteries that have until now dominated industrial power.
Flux's share price seems to be influenced by the company's growing traction in the sales of its lithium-ion battery replacement for lead-acid forklift batteries - what is a $10B sales opportunity. Lithium outperforms lead-acid in virtually every respect - and does so at a lower total cost of ownership. Major food & beverage customers have begun to deploy Flux solutions and the company is also solidifying its OEM relationships as well.
Flux sales were up over 400% in Q3 and are up over 200% year to date to $3M in FY 2018 (ending June 30th) versus $0.9M in FY 2017 and with a strong outlook for next year.
Additionally, last month Flux raised $800,000 at $0.70 per share - well above the trading price in the $0.55 cent range - and sending a strong signal on investors views of Flux's potential.
Never expected a run-up like this - but also the Company's valuation has been very low relative to its potential opportunity - seems like a recasting of the glass to be half full rather than half empty - but remains to be seen. We have no crystal ball for share prices - but are impressed with what CEO Ron Dutt and his team have accomplished in four years to build a leadership position in this emerging market. More info at www.fluxpwr.com
$FLUX Shares Rise 38% This Week Reaching $0.93
Flux shares have continued to perform well after ending March at $0.50 they ended April at $0.53 and May at $0.65.
The share price seems to be influenced by the company's growing traction in the sales of its lithium-ion battery replacement for lead-acid forklift batteries - what is a $10B sales opportunity. Lithium outperforms lead-acid in virtually every respect - and does so at a lower total cost of ownership. Major food & beverage customers have begun to deploy Flux solutions and the company is also solidifying its OEM relationships as well.
Flux sales were up over 400% in Q3 and are up over 200% year to date to $3M in FY 2018 (ending June 30th) versus $0.9M in FY 2017 and with a strong outlook for next year.
Additionally, last month Flux raised $800,000 at $0.70 per share - well above the trading price in the $0.55 cent range - and sending a strong signal on investors views of Flux's potential.
Never expected a run-up like this - but also the Company's valuation has been very low relative to its potential opportunity - seems like a recasting of the glass to be half full rather than half empty - but remains to be seen. We have no crystal ball for share prices - but are impressed with what CEO Ron Dutt and his team have accomplished in four years to build a leadership position in this emerging market. More info at www.fluxpwr.com
From what I gather, much of what DPDW does comes in the later years of deep see development - when you are actually moving into production. So there is often a lag in when the spending kicks in for them, however they are working to find more maintenance and upgrade work on existing projects - and services. The guidance for 2018 is to approximate 2017 and then to grow in 2019.
Replacement of Lead-Acid Batteries by PLUG FCEL & FLUX etc.
New battery storage technologies are more efficient and deliver lower total cost of ownership.
Plug Power PLUG, Ballard BDLP & FCEL are in the fuel cell space - converting hydrogen into energy to power forklifts and other vehicles. Flux Power FLUX is bringing lithium-ion batteries to replace lead-acid batteries with a better performing, more energy efficient and lower cost solution.
Potential losers in this race could be lead-acid battery makers Enersys ENS and JCI Johnson Controls and some large private companies.
And then there are the solar panels and inverters ENPH and all the solar companies are all great ideas for this board, as are wind generation and wave generated power - and whatever else is out there!
New clean tech approaches are not going away - and likely offer some great investment opportunities.
Please share your ideas with this nascent group.
Deep Down DPDW - microcap value poised for offshore oil production growth
Deep Down Reports Q1 Results & Hosts Call on Weds. May 16th
FLUX Power Seeks to Convert $10B Forklift Battery Mkt
Conversion of $10B Forklift Battery Market to Lithium Tech Started by this Tiny Calif. Company
FLUX raises $800k at 35% premium to market
press release
Flux will report Q3 results on Monday and host a conference call at 11:00 am ET
Conference Call Details:
Date/Time: Monday May 14 at 11:00 a.m. ET
Dial-in Number: 866-652-5200 (domestic) 1-412-317-6060 (international)
Online Replay/Transcript: Audio file and call transcript will be posted to the Investor section of Flux’s website when available.
Flux continues to advance its ‘first-mover’ leadership as a pioneering provider of lithium-ion battery solutions for forklifts and airport ground service equipment. The Company’s lithium-ion “LiFT Pack” battery technology provides an enormous opportunity to optimize supply chains by enhancing productivity, providing faster charging, longer operating times and eliminating battery maintenance while also reducing fixed costs, relative to incumbent lead-acid battery power.
FLUX Hosts Q3 Call Mon. May 14 @ 11am ET
Q3 Call Invite
Investors may submit questions in advance of the call to flux@catalyst-ir.com.
Conference Call Details:
Date/Time: Monday May 14 at 11:00 a.m. ET
Dial-in Number: 1-866-652-5200 or 1-412-317-6060 (int'll)
Online Replay/Transcript: Audio file and call transcript will be posted to the Investor section of Flux’s website when available.
Flux continues to advance its ‘first-mover’ leadership as a pioneering provider of lithium-ion battery solutions for forklifts and airport ground service equipment. The Company’s lithium-ion “LiFT Pack” battery technology provides an enormous opportunity to optimize supply chains by enhancing productivity, providing faster charging, longer operating times and eliminating battery maintenance while also reducing fixed costs, relative to incumbent lead-acid battery power.
DPDW lands $4m in Latin America subsea Oil & Gas Equip Installs
Recent price: $0.88
Shares Out: 13.4M
Market Cap: $12M
Cash/Cash Equiv.: $5.0M / $0.37 per share
Book Value: $21.8M / $1.63 per share
2017 Revenue: $19.5M
Today's Contract Release
While it's clear on this board that there are some critical sentiments regarding management, we are convinced that the elevation of Charles Njuguna to CFO, and the cost reduction measures he has enacted, demonstrate the Company's embracing of a new financial sheriff in town with respect to fiscal priorities and ROI. This is a natural evolution of an entrepreneurially-led company to build out the operational disciplines that are necessary to take the business and the valuation to the next level - and sometimes a new leader is required to take the difficult steps in cost reductions.
Yes - IR talk is cheap - so let's give DPDW a little time and room to execute on lower costs and their revenue growth initiative. We are newly on board as investor relations counsel and reachable via dpdw@catalyst-ir.com or at the office 212 924 9800 - Chris Eddy, Tanya Kamatu and myself - David Collins manage the IR engagement for DPDW - and we've been in the IR space for several decades.
Show me the Money!: $ACFN CEO buys 126,694 shares, increasing stake 12% to 1,813,174
Purchases made at $0.2999 per share:
Form 4 Filing Loeb ACFN Form 4
Microcap Value: $DPDW Sells for 0.5x Book w/ $5M in cash
Deep Down 2017 Results and Call
DPDW Reports 2017 Results & Hosts Call Thu, March 29th at 10am ET
OESX Insider Buying +71,000 shares - CEO & 2 Directors
https://www.insider-monitor.com/trading/cik1409375.html
It's nice to see FLUX trading a bit more in the wake of its solid 1H FY 2018 results ($1.35M in revenue vs. $0.9M for ALL of FY 2017. Flux also reported $0.9M in order shipments - which are 2/3rds complete, which would contribute to FY 2018 - bringing it to $2.25M in highly visible revenue - in addition to whatever they can ship on its $3M order pipeline through the balance of FY 2018 - which ends June 30, 2018.
At this point, BKYI does not have support for Apple devices - but is looking at that opportunity.
Klondex Drills 0.99 oz/ton Discovering New Gold Zone at South End of Fire Creek Mineral Resource in Nevada
[[color=red]i](first off, ihub admin rocks! because in a matter of a few minutes, they responded to our request to combine the KDX boards to reflect the company's TSX status (no longer Venture) and reference its OTCQX symbol above (KLNDF). Thank you!>[/color]
April 9, 2013 Klondex Mines Ltd. (TSX: KDX; OTCQX: KLNDF) intersected 0.48 ounces per ton (16.6 grams per ton) gold over over 42.8 ft (13.0m) in core drilling at its Fire Creek gold project in Nevada Click for Map.
Within that intercept the Company encountered 0.99 ounces per ton gold (33.7 g/t) over 2 meters.
In volatile gold prices, what this means is that Klondex has sufficient grade to be profitable even in a sub $1000 gold environment - not many can say the same. Of course that would lower production and limit the mine life - but the asset is still productive.
The diamond drill hole confirms gold mineralization in a “South Zone” near the mine portal, located 1300 ft south of the 5400 crosscut. The drill hole was part of a larger surface and underground drill program testing the continuity of the Joyce and Vonnie veins (formerly the A and B veins, respectively) in the south portion of the Main Zone.
For more info on Klondex visit the Website at www.klondexmines.com
I will try to be more diligent about providing updates to this board. Klondex should be the next producing mine in America (under a small scale permit) and potentially the mine with the highest head grade too.