Institutional Analyst Inc, Thursday 12/10/2016
Beverly Hills CA, 45..64F Sunny.
Chicago IL, 19..26F Sunny.
Delray Beach FL, 70..80 Mostly Cloudy.
Port Jefferson NY, 34..45F Sunny.
1. Food Fight Immumedics (NASDAQ:IMMU) vs. venBio Fund. (Biotech Stock Review).
2. Renovacare (OTCPK:RCAR) To Good to be True ? (Stem Cell Stock Review)
3. Tiny NightFoods (OTCPK:NGTF) Takes Stab at Launching Fiber One Ice Cream™, One of the Most Successful US Food Brands (National Stock Review).
4. Drink Up, Chicago. Jim Beam's in Town Now (Beverage Stock Review).
5. Beverage Presenters at LD Micro Conference (Beverage Stock Review).
6. Chart of the Day. New Age Beverages (NASDAQ:NBEV) Gains 10 Fold from Adding to Watch List (Beverage Stock Review).
We will be soon launching a new publishing venture called Revelers.io (a 'man' site reviewing spirits, beer, music and finance with riveting in depth articles on subjects like "Behind the Scenes at the Sports Illustrated Swim Suit Edition."
So we will be consolidating our 12 separate industry specific websites (Internet, Biotech, StemCell, Beverages, Special Situations etc) into one site and under the Institutional Analyst Banner.
We're for the most part still sticking to and reporting on only things near and dear to our heart. Just a little racier. We may even take a shot at having the shares of the parent company, Revelers Media Group listed. It would be EPIC !
Trust us, EPIC..
1. Food Fight Immumedics vs. venBio Fund (Biotech Stock Review).
We added Immunomedics $3.40 to the watch list on September 15th @ $3.00 for reasons unrelated (but not totally unexpected) to recent news, that the venerable venBio has launched a nasty food fight against husband and wife management team David Goldenberg and Cynthia Sullivan (the CSO and CEO) who are also holders of nearly half the board seats.
As for a mini-background on venBio, they noted in a press release related to closing of a $315 million round for Fund II (whose investors included Amgen, Baxalta and Merck) that the two venBio strategic funds have invested in 14 companies to date, including: Cytos (now KURN), Aragon (acquired by J&J), Solstice, Labrys (acquired by Teva), Seragon (acquired by Roche/Genentech), Aurinia (NASDAQ:AUPH), Heart Metabolics, Metacrine, Alexo, Precision Biosciences, Checkmate, Adheren, Apellis, and Nabriva (NASDAQ:NBRV)...these guys are good. Really good.
venBio, which owns 9.5 million shares of Immunomedics or 9%, stated in a press release today that missteps by the couple has torpedoed the Company's valuation and left them with no choice, but to take action - in order to protect the best long-term interests of both stockholders (including their $30 million stake) and patients in desperate need of IMMU-132 treatment and of course, their track own record.
Our original thesis - as simply as we can put it and recall - was that:
A) the shares were down due to non-fundamental reason (see original write-up), as
B) it continues to release encouraging news with regards to unlocking the potential of IMMU-132 (which we call SacGovite), the Company's drug candidate for deadly and near impossible to treat triple negative breast cancer and
C) a potential short-squeeze from a large short position of 19,372,632 shares, down from 22,840,120 shares short the day we added it to the watch list.
When we combined those three factors, put them in a Martini shaker and shook real hard, what poured out was a $12 price target. While we are not raising the price target, we now think this Martini will go down much faster than we originally anticipated.
Read about the food-fight here: seekingalpha.com/instablog/295897-roland...
2. Renovacare To Good to be True ? (Stem Cell Stock Review)
You have to see this video which created some great buzz for Renovacare. A Stem Cell 'spray-gun' that cleared a burn victims worries and pain.
We'll just throw a bunch of links at you and then you decide.
63% owned by Vancouver firm. Oh boy..
10 million registered..looks like someone making preparations..
3. Tiny NightFoods Takes Stab at Launching Fiber One™ Ice Cream, One of the Most Successful US Food Brands (National Stock Review).
A picture is worth a 1000 words...
A tiny food manufacturer called NightFoods signs an agreement to help and potentially acquire a tiny food manufacturer called Suffield Foods which manufactures and distributes Fiber One™ ice cream throughout the United States under license.
The product line consists (or will) of high-fiber, low-fat ice cream in pints and ice cream novelties such as ice cream bars and ice cream sandwiches. The product is of course owned by food giant General Mills (NYSE:GIS).
We've met with management, of course signed them as a client and tasted the ice cream. Our taste buds are more geared to things like a slightly Dirty Martini, but we think America will love it.
So what do you get when you mix two tiny, ambitious and scrappy food manufacturers and hand them the contract to make ice cream (a rather popular food item!) for a brand (Fiber One™) which generates $100's of millions in sales ?
No one knows for sure, but I think we can all agree it's OH MY GOD time !
The stock moved nicely on the news, but the market value of NGTF is near $10 million. Hubba hubba.
Suffield Foods, through its relationship with Hook Marketing LLC, manufactures and distributes Fiber One™ ice cream throughout the United States under license. The product line consists of high-fiber, low-fat ice cream in pints and ice cream novelties such as ice cream bars and ice cream sandwiches. Both Hook and Suffield have signed a definitive agreement to be acquired by NightFood, with said acquisition contingent upon NightFood continuing to fund Suffield operations and certain other requirements.
4. Drink up, Chicago. Jim Beam's in Town Now.
"We're looking to create a global playbook for our city fortress strategy out of Chicago, where we're building the formula for who to partner with, why and how to best connect with the culture and vibe of the city," says Tim Hassett, Beam Suntory's Americas president, who's leading the charge. "We're in the business of winning, and we take a long view on our business. If we do this right . . . we'll create stronger brands over time that will become global and cascade across the world."
5. Beverage Presenters at LD Micro Conference (Beverage Stock Review).
LD MICRO Agenda: www.ldmicro.com/events/presenter-schedule
Look on individual websites for archived presentations.
9:30 New Age Beverages
1:00 Alkaline Water (OTC:WTER)
2:00 Hooters (HOTR)
5:00 Reeds (NYSEMKT:REED)
10:30 Celcius (NASDAQ:CELH)
11:00 Eastside Distilling (ESDI)
6. Chart of the Day. New Age Beverages Gains 10 Fold from Adding to Watch List (Beverage Stock Review).
Indeed, what a pretty chart. This is the 9th Institutional Analyst client to have risen more than ten-fold after we came across them.
Roland Rick Perry
See appropriate disclaimer on website for NBEV, NGTF, WTER.
Managing Director, Institutional Analyst Inc.
Seeking Alpha: seekingalpha.com/author/roland-rick-perry
Stock Twits: stocktwits.com/RolandRickPerry
Harvest Exchange: www.hvst.com/14283-roland-rick-perry
Disclosure: I/we have no positions in any stocks mentioned, but may initiate a long position in NBEV, WTER, NBEV over the next 72 hours.