Thursday, January 12, 2017

IOMT: Market Cap Less Than a Gallon of Gas

The current market cap on Isomet Corp (IOMT) is $2.10.  As in two dollars and ten cents.  Not share price...market cap.  Comically cheap.  If "nano cap" refers to companies valued less than $50M, what would you call this?  Spend one commission and get a company for free.

Friday, January 6, 2017

Will QDLC Ever Post a Report?

Quadlogic Controls (QDLC) is a dark company I first wrote about a year ago.  They last posted a report in 2012, earning $0.16 for the year.  Stock price is now $0.40 for a PE ratio of 2.5.  The only numbers anyone has seen out of QDLC from 2000 until now is the 2012 report.

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Update 1/6/2017: QDLC updated the investor relations page of the website and posted an annual report for 2013!  They did this sometime between last night when I finished typing this post and this morning 2 hours after I published it.  
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The company tells me they'll be posting an audited annual report within the next month and a half.  The question is will they follow through...

Tuesday, January 3, 2017

ADDC is Getting Cheaper

We got the Addmaster (ADDC) annual report in December and I went to the annual meeting.  It was a good year.  With another million in the bank and some talk of a tender I think this stock is worth twice the current price.