Q: This microcap look s like it may be doing interesting things. Can I please get your comments on the company. I realize it is very small.
Thanks
Thanks
5i Research Answer:
We really do not spend resources looking at $7M market cap companies so take comments with a grain of salt. This was a 3c stock less than a year ago. It does have revenue ($7M) and has turned profitable, so is better than most microcaps. The stock is up 475% in a year. Insiders own 17% and have been buyers. Sales rose 88% in the most recent six-month period. It 'reads' well enough, but still needs to be considered a lottery ticket. With such a tiny float, shares can be volatile at best, and manipulated easily at worst. It makes printed circuit boards and testing devices, and says business is good enough to add more production equipment.