Value Microcaps Zip Code Changers

[steeledge]

My two picks for 5-10 baggers by the end of the year...seriously!

1) CWBYF (.012): In the final throws of their RTO with Colorep (www.colorep.com). Should come to a head by 10/31, per latest filings. Consumation of this deal has been postponed so many times that I have lost count, but each time the terms have gotten better and better for CWBYF shareholders. We're finally at the 11th hour, and CWBYF shareholders should benefit regardless of which way the RTO goes. If it succeeds (longshot IMO, but hopeful), CWBYF immediately becomes a HOTTTT green play, with the exploitation of Colorep's waterless dye system being an industry-changer. Another tidbit is that earlier this year Uber-green investment fund Quercus Trust (headed by Gelbaum) became the largest shareholder of Colorep, which in itself is a confirmation of the technology, but unfortunately also tells me that Gelbaum won't let the deal go thru. So if the deal falls thru, CWBYF gets ALL of the cash that it put in this deal from the get-go ($2M) AND THEN SOME, to the tune of almost .06/share by my calculations. It should be a win-win for CWBYF.

2) CNDWF (.281) - these are the warrants for a company currently trading on the .OB, CNDZF.OB - China Cord Blood corp. The common shares are pretty untradeable, with a spread of over $2.50 most of the time. But the warrants get some action most days, mostly on the sell-side! It's a little mind-boggling to me that the warrants seem underpriced compared to the common; the terms: Exercise price=$5, expiration 12/2010. Here's the kicker, beyond the fact that China's one-child policy will press any parents that can afford it into doing whatever they can to preserve a child's life; the kicker is that Rodman Renshaw is representing CNDZF to "bring them public" as ticker CCBB in a month or so. Rodman has been hitting homeruns lately with IPOs such as SKBI, LIWA, CAVO. The IPO, per the F-1 filing, is slated to be for $15M, which at current prices would amount to only about 2-3M shares...perfect for the low-float momentum crew. So in a scenario where CCBB comes public at $6 and runs to $8 (heck, SKBI has visited $22), CNDWF (which would likely trade as CCBBW) should track the common to the tune of $3+ when the stock is at $8. And from .281, there's your 10-bagger!