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Ian Cassel

 
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  • A Potential Game Changer In Cancer Screening [View article]
    Significant stock price movements need to be absorbed, so it's healthy to consolidate for a while. Buying often happens in waves, and the company has material milestones over the next 12 months that IF successful should add tens if not hundreds of millions of valuation. But it doesn't happen overnight, and the company still has a bit to prove. I've held the stock for years and I plan to hold, so whether it's at $2-5-7 doesn't mean much except to make the brokerage statement look a bit bigger or smaller. It will certainly be an exciting one to follow.
    Oct 11 12:45 PM | 1 Like Like |Link to Comment
  • A Potential Game Changer In Cancer Screening [View article]
    Some additional data on trial results
    http://yhoo.it/1st8YFk
    Oct 10 10:43 AM | 1 Like Like |Link to Comment
  • A Potential Game Changer In Cancer Screening [View article]
    No, they are all people who had symptoms of cancer. Only a fraction (less than 10%) actually had cancer.
    Sep 30 04:48 PM | Likes Like |Link to Comment
  • A Potential Game Changer In Cancer Screening [View article]
    Yes, colonoscopy is the gold standard for detection of colorectal cancer. Unfortunately it is expensive ($3,000 per), and only about half of eligible people actually take a colonoscopy. Same issue with fecal tests at $500+ per test, and only half of people take it. No one wants to handle their own feces. Volition's test wouldn't replace the Colonoscopy, it would be used as a front line screen. 84% is accuracy is quite good. Combine that with $75 per test or less, with high compliance, and the potential market is quite staggering. More clinical trials will be needed which is what the company is doing. Check back in 6 months.
    Sep 17 06:59 PM | 2 Likes Like |Link to Comment
  • A Potential Game Changer In Cancer Screening [View article]
    The company has historically been funded, several million, by insiders and the board. Director bought another 5,000 shares this week in the market.

    http://1.usa.gov/1s7dCKI
    Sep 17 06:03 PM | 2 Likes Like |Link to Comment
  • A Potential Game Changer In Cancer Screening [View article]
    This wasn't meant to be a short thesis on EXAS. In fact the higher EXAS valuation the better. If VNRX can duplicate their results in their large screening trials (first results in 6 months), the stock will likely be multiples higher. But an investment like this isn't for widows and orphans.
    Sep 17 08:08 AM | Likes Like |Link to Comment
  • GMO Update: Is Organic Gaining Ground? [View article]
    also worth mentioning NonGMO a big tailwind for Where Food Comes From (WFCF), the leader in third party verification of food production practices in the country, covering beef, pork, poultry, eggs, and dairy. They do most of the verification for Whole Foods currently and will be doing the bulk of the new verification for their NonGMO program on the protein side.
    Sep 10 07:02 PM | Likes Like |Link to Comment
  • Is It Wrong To Take A Position In A Stock And Then Write About It On Seeking Alpha? [View article]
    I don't take any writer seriously unless they have their money on the line

    Put Your Money Where Your Mouth Is Or Shut Your Mouth
    http://bit.ly/1pCGZ3b
    Aug 6 03:42 PM | 10 Likes Like |Link to Comment
  • The Food Tech Revolution [View article]
    Exactly, that is what I was saying. If it trades 50,000 shares they can sell 5,000, if it trades 500,000 they can sell 50,000. It's not a limiting factor on the stock price. In the end I don't mind it because it at least provides liquidity to the stock. I think it's very fair for both sides and keeps an orderly market. I don't know if they will be paid back or not, and that is why I doubled the OS.
    Apr 15 09:21 AM | Likes Like |Link to Comment
  • The Food Tech Revolution [View article]
    As I said in my response, yes they can, it's a note, so they can pay it back, but the note holders have been there for several years. I'm sure they are in good standing with them, and the current situation isn't a bad one. The note holders are locked down and under leak out, they can't be more than 10% of the daily volume, so there is no ceiling on the stock.
    Apr 15 08:41 AM | Likes Like |Link to Comment
  • The Food Tech Revolution [View article]
    The debt is very manageable, company produced $500k in cash in Q4 and rising. The convertible note holders are locked down. They can't own more than 9.9% of the company, they can only convert-sell 10% of the daily volume, so it's very manageable. Look at Page 11 in their 10K. However, one would assume that some or all of this note could/would be paid back (limiting dilution). That said, I've doubled the outstanding shares in my estimates, which is why I used $20m market cap in this writeup and not $10m.
    Apr 14 09:58 PM | Likes Like |Link to Comment
  • The Food Tech Revolution [View article]
    Thanks Tom. I've made decent money in situations like this where a well run microcap is trading at a fraction of other companies in the same peer group. Similar to the disconnect I wrote about 18 months ago with VTNR and HCCI. Now institutions are starting to pile into VTNR and the gap is closing. The fully valued institutionally endorsed names stay where they are or pull back in a bit while the company no one knew about goes up.
    Apr 14 07:42 PM | 1 Like Like |Link to Comment
  • The Canadian Small Cap Equity Markets Are In Crisis [View article]
    Yeah it doesn't help that 30% of the TSXV has less than $100,000 of cash in the bank. A much overlooked area are is the non-resource microcaps in Canada which have been doing extremely well.
    Feb 21 08:20 AM | Likes Like |Link to Comment
  • FitLife Is Very Cheap, But Probably Not For Long [View article]
    Good article Igor. Here is a presentation with management we did on MicroCapClub about a month ago for anyone interested: http://bit.ly/1dUcm07
    Feb 15 03:49 PM | 1 Like Like |Link to Comment
  • Innovative Food Holdings: The Little Company In The Middle Of The Specialty Food Phenomenon [View article]
    They have been more consistently profitable than meets the eye, you just have to back out the non-cash charges they take because of the notes. Easier to just look at the operating income in their case since they won't be paying taxes for a while. But your conclusion is correct, the earnings have been masked (looks worse than what it is) which has helped to keep the story under the radar.
    Feb 9 05:28 PM | Likes Like |Link to Comment
COMMENTS STATS
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