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Titan Logix Corp. V.TLA

Alternate Symbol(s):  TPCFF

Titan Logix Corp. is a Canada-based technology company specializing in mobile liquid measurement solutions. It has designed and manufactured mobile liquid measurement solutions to help businesses reduce risk and maximize efficiencies in bulk liquid transportation. Its TD Series of tank level monitors are in mobile fluid measurement. Its solutions are designed for hazardous and non-hazardous applications, and it serves customers in a range of applications, including petroleum, environmental solutions, chemicals, and agriculture. It delivers its mobile tanker solutions to the market through partnerships with original equipment manufacturers, dealers, and private fleets across Canada, the United States, and Mexico. It serves the petroleum, chemical, and water markets with the TD100 series of mobile gauges, offering fleet operators accurate level measurement, reliable overfill protection, and a variety of automation, integration, and control capabilities for their tanker truck operations.


TSXV:TLA - Post by User

Post by Possibleidiot01on Nov 17, 2023 6:49am
197 Views
Post# 35740614

Is this an anchor?

Is this an anchor?Just under 8% of market cap is tied to Bri-Chem ; possibly what was once a hidden value is now a hindrance?

This reduction in net earnings was largely due to the recording of a $339,500 unrealized loss on the investment in Bri-Chem Corp. common shares compared with an unrealized gain of $732,250 in fiscal 2022, for a combined year-over-year impact of $1,071,750 on net earnings. The Company invested $771,250 in fiscal 2022 on Bri-Chem Corp common shares and based on the market price as of August 31, 2023 the fair value of its investment in Bri-Chem Corp shares was $1,164,000.

Good investment in R and D.

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