A few days ago the Securities and Exchange Commission (SEC) announced the largest trading suspension in agency history. The agency halted 379 companies Monday, and another 6 companies later in the week. The SEC’s previous largest trading suspension was an order in September 2005 that involved 39 companies. Read More …
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SEC Suspends Trading in 385 Microcap Shell Companies
Posted May 18, 2012 By Ian Cassel in Blog With | 1 Comment
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Could Liquidity Finally Return to MicroCaps?
Posted May 16, 2012 By Ian Cassel in Blog With | 5 Comments
The pendulum has been swinging in the same direction for over a decade as it relates to more regulation and more expense for microcap companies. As fewer brokers allow investors to buy “penny stocks”, and even fewer of those even let you deposit a certificate, investors interest in investing in microcaps (open market and/or direct investments) has dried up over the years. I joke about it with other investors all the time, “It’s almost like there are only five of us in the market just buying and selling to each other”. Read More …
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Patient Safety Technologies: The Next Standard of Care
Posted May 14, 2012 By Ryan Parker in Blog, Patient Safety Technologies With | No Comments
Did you know that on average, a surgical sponge is retained in one out of every 8000 surgeries here in the U.S? That amounts to 4000 incidents per year, or 11 per day. In addition to having to remove the retained sponges and treat the infections that occur there are usually legal expenses as well. It is estimated that a retained sponge costs a hospital ~$415,000.00. In total, this costs U.S. hospitals ~$1.7 billion per year. If you work it out on a per surgery basis: $415,000.00/8000= $51.88 per surgery. Read More …
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MicroCapClub Interview with China RTO Researcher Dan David Co-Founder of GeoInvesting
Posted May 11, 2012 By Ian Cassel in Blog, Broadcasts, Interviews With | 1 Comment
The trials and tribulations of the Chinese Microcap RTO arena have been widely publicized by CNBC, financial journalists, and short sellers. Most of the scrutiny has been well founded. In a nutshell, over the last few years many Chinese companies went public mostly through means of a reverse merger/reverse takeover (RTO) because it was the easiest, cheapest, and fastest way to get funding from US investors. A couple years ago the first high profile Chinese microcap announced accounting irregularities which broke the flood gates wide open. Soon after, investigative journalists have uncovered irregularities on several more Chinese microcaps, and ever since the whole space has really been deemed guilty until proven innocent. GeoInvesting was one of the first firms to put boots on the ground in China to do due diligence into some of these companies. Dan David is the VP and Co-Founder of GeoInvesting who also heads up the company’s China RTO research division. (Click the Play Arrow to listen to the full interview) Read More …
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WealthTrack Interview with Portfolio Manager Whitney George
Posted May 8, 2012 By Ian Cassel in Broadcasts, Interviews With | No Comments
Whitney George is a Co-Chief Investment Officer, Portfolio Manager and Managing Director at Royce Associates, LLC. The Royce Funds includes 30 open-end mutual funds in which Small-Cap value investing is the core philosophy. WealthTrack did a very good interview with Whitney George not too long ago. Enjoy. Read More …
