Alphinat (NPA.v) : once Q1 will be out of the way, insiders will be free to trade. My feeling is they want to exercise some options at 10 cents and the warrants at 12 cents. How? Easy, they will push it up by announcing Quebec Government contract expansion with Bell, developments/ramifications with the Swiss Government and new alliances for Europe and the States. Healthcare and financial institution are always mentioned in the disclaimer and latest MD&A, but we have yet to see a concrete press release. Don`t be fooled by the small working capital deficit, Bell paid upfront fees to access their technology and the insiders are more than capable to bridge the gap until the large/latest contracts kick in.
Bluerush (BTV.v) : back in the black with an extremely small real free float, looks like we are soon going to hear from their 2009 marketing spree. Plenty of working capital with spending under control; relatively high gross margin producer with recurring revenue stream on the educational front being implemented.
NTG Clarity (NCI.v) : Positive in Q3, there was extensive backlog going into Q4; milestone will hopefully be collected before year end, as is usually the case. Q4 is usually strong, but it’s all about timing work progression. The CEO still shows an appetite for the stock and has yet to exercise the share buyback. Profitable and cash flow positive, while trading under 5 cents, is the usual recipe for price multiplication. Examine my proven record, I bet it’s only a matter of time for this one. And remember they are trading under book value and working capital per share.
