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California Nanotechnologies Corp V.CNO

Alternate Symbol(s):  CANOF

California Nanotechnologies Corp. is engaged in the development of nanocrystalline materials through grain size reduction. The Company’s core technologies include Spark Plasma Sintering (SPS) and Cryogenic Milling. SPS is an advanced sintering and bonding technique for all varieties of materials including metallic alloys, high-temp ceramics, high entropy alloys, and everything in between. It provides powder consolidation and material bonding toll services via its multiple SPS systems for everything from fundamental research and development to production. Cryogenic Milling is a powder processing technique used for particle size reduction (to nano scale), mechanical alloying and nano-grain refinement. It provides toll services for research and development along with production and has multiple milling systems on-site. Other services offered by the Company are spark plasma sintering and hot-pressing tooling fabrication and design, wire electrical discharge machining (EDM), and others.


TSXV:CNO - Post by User

Post by rawoaton Dec 16, 2018 7:02am
149 Views
Post# 29120915

Profitability + 4 consecutive quarters of positive cash flow

Profitability + 4 consecutive quarters of positive cash flowThe company is now in an intermediate state between R&D and commercialization.  It is already a sustainable business.  They are winning new customers and making progress in existing programs.  A share price of 5c with a float of only 31M is ridiculously cheap.  The current market conditions are not ideal, overall market sentiment is negative and we are in the midst of tax loss season.  At some point the market will wake up to the value of this company, institutional investors and bigger players will notice it.  2019 should be the year.
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