STOCKCHASE

Irwin Michael, B.Com, MBA

(A Top Pick Feb 23/10. Up 1.67%.) Still likes.

2011-02-01

BUY

0.550

Acquired JEVCO, a high-risk automobiles/casualty insurance company. Trading at Book Value, good balance sheet, excellent management and a strong board. Pretty cheap here.

2010-08-13

BUY

0.630

Irwin Michael, B.Com, MBA

Had no business and wound it down. Had tax laws carry-forwards, debt-free. Acquired JEVCO Insurance in March, which was Kingsway Financial (KFS-T) best asset. $.57 book value and will be earning money. Work in progress because they haven't had their 1st quarter as yet.

2010-05-21

TOP PICK

0.650

Huge base from late 07 until last fall. It is a little ahead of itself so a pull back would be a good buying opportunity.

2010-03-02

TOP PICK

0.600

Was Flat panel business but now is insurance. This was the dog of the century in the old days. It has motorcycles, skidoos and construction. Risky because of small market cap.

2010-02-23

Comment

0.880

Recently sold some real estate in order to free up capital to further develop their iFire flat-panel TV. Trying to refine their process. Stock is relatively cheap, but they are continuing to burn cash.

2007-05-11

DON'T BUY

0.930

Jean-Francois Tardif

Has never liked this stock. There have been times when he has been short.

2007-03-13

DON'T BUY

1.230

Hap (Robert) Sneddon FCSI

Their biotech division had a failed trial. Their iFire division doesn't seem to be working yet. Possibility they may have to raise money in the next year.

2007-02-19

DON'T BUY

1.450

Chyanne Fickes

Have two businesses. Their burn dressing, which is going through price competition. Earnings will be negatively affected. Pilot project for iFire is coming to an end. They are on the verge of production but still have issues with pixel uniformity and pixel consistency.

2007-02-06

HOLD

1.780

Chart shows a base building pattern. If you bought it in the $2 range, he would hang on to it.

2007-01-30

HOLD

1.820

Has 2 major businesses, iFire where they are developing flat-panel screens and Nucryst that has bandage technology. The real focus on the company is iFire and they are waiting on a joint venture partner. This has been somewhat slow.

2007-01-19

HOLD

1.770

Jeff Parent B. Eng. FCSI

Has been a very big disappointment. There is a possibility the stock will not be able to raise enough interest to raise money. The stock would almost have to double before people got excited about it again. Wouldn't sell as it has the potential to have a sudden upward move.

2007-01-02

WEAK BUY

1.670

Have a technology to produce HDTV. Taking way longer than anybody thought. There’s no news. Tax loss selling will be over Dec 22 and will probably have a bounce after.

2006-12-21

DON'T BUY

1.870

Trading very close to its book value. Near-term earnings have gone down by 43%. Very speculative and ranks in the bottom 2% of his database.

2006-11-28

HOLD

1.800

There will not be any announcement in 06 regarding flat screen partnership. At the current level, you are paying almost nothing for the TV.

2006-11-15

WEAK BUY

1.820

Now trading at near value of cash. Has been nibbling in the last week as it now looks like a value play. Have a significant amount of tax loss carry forwards. IFire may have an agreement in place by the end of the year.

2006-10-25

DON'T BUY

1.890

Never have been a great fan of this company. Has never really performed. They own 70% of Nucryst (NCS-T) which has had a big drop.

2006-10-19

SELL

1.910

Michael Sprung

Used to have a lot on the goal. One product was for burn victims which they spun off. Has been working on a flat panel display for a number of years. There is a question whether the market has passed it by.

2006-10-18

DON'T BUY

2.220

Way overdue for an announcement on their iFire TV technology. Has $1 value in cash plus $1 value in its biotech subsidiary, so in effect the TV technology costs nothing. He is not buying any more.

2006-10-05

DON'T BUY

2.900

Into the flat panel TV which is a very competitive area. Not fond of this one. Has an interesting subsidiary, Nucryst Pharmaceuticals (NCS-T) but it just hit a headwind when a trial ointment didn't get the right results.

2006-09-21

SELL

3.890

Peter Hofstra

The trouble with them is that they are reliant on others to raise money for them. A very challenging way to proceed.

2006-08-29

HOLD

3.900

Had a problem with the front end of the TV screen and had to do more tests. Thinks that is corrected. Set then back a couple of months. Will have another screening in September. Likes their technology.

2006-08-18

DON'T BUY

3.860

Ranks 686 in the database. Earnings were down 8% and are still dropping.

2006-08-15

BUY

3.980

Down 11% today because the conference call indicated a partnership as “months” rather than “day's” as had been expected. You will have to be patient.

2006-08-10

BUY

4.520

2 businesses. One is bandages through Nucryst and the other is iFire flat screen for TVs. Looking for a joint-venture partner for iFire and thinks hey are fairly close in terms of announcing something.

2006-08-02

BUY

4.550

About $4 of value in cash. Holdings in Nucryst Pharmaceuticals (NCS-T) are worth about $4 so at the present price you are getting iFire technology for about $.50. Waiting for an announcement re partnership to build a plant for production of flat panel screens.

2006-07-27

DON'T BUY

4.210

Bill Carrigan

A low was taken out in June and now it's at a new low. In a bear market, he is really not a fan of micro cap names that have great stories.

2006-07-17

BUY

5.200

An announcement regarding a partnership has been delayed. Has taken them longer to get production level TVs out to possible partners. Market has gotten impatient which created a drop. Good opportunity.

2006-07-05

BUY

5.110

They presented at a flat panel TV conference in San Francisco and were well received. Thinks it has probably bottomed.

2006-06-08

BUY

5.740

They have iFire that is developing a flat panel TV screen and Nucryst Pharmaceutical. The TV part is looking for a joint-venture partner. Market has been a little impatient so price is weak. Still sees higher highs going forward.

2006-06-02

DON'T BUY

5.720

Chris Smith

They are just now getting their flat panel to production specs. A tricky business. They had to show potential commercial quantities before they can put together any merger.

2006-05-29

BUY

5.550

Likes their iFire technology. Producing 10 pilot TV's a week. Will be showing at a flat panel TV conference early June. This is a good, short-term trading opportunity.

2006-05-23

BUY

5.800

Have been developing a flat panel screen for a number of years and have a 34”working screen. They are now looking for a partner and are taking extra time in order to get a good one. Good product.

2006-05-16

DON'T BUY

5.560

They are still looking for joint ventures with partners. There are some doubts on their technology for flat panel screens. In the bottom 10% of his model.

2006-05-04

BUY

6.510

Has had a huge base, had a nice little breakout at $5. When up to almost $8 and is now in the midst of a pullback. There should be support around $5.50/6 and this should be a major holding in your portfolio.

2006-04-24

DON'T BUY

6.760

Michael Sprung

Tough for him to own from a value perspective as book value is well below $2. Has never had any sustainable earnings. Has a flat panel technology that is supposed to be quite good, but nothing has happened for years.

2006-04-21

BUY

7.400

Went up 74% in the quarter. They are on the verge of showing their 37 inch flat panel TV. This suggests that it is ready and he expects there will be an announcement of a joint-venture. There is still some money in the stock because of the TV, so he is looking for some upside still.

2006-04-03

BUY

6.100

Expected news that they would announce a joint venture with a tv maker. (They make flat screens). There will be a gap of 12 months while production ramps up. Thinks that you could buy it, and then sell it on news, then buy it again within the gap as the price will go down during that time.

2006-03-06

HOLD

6.180

This company is marketing something unique. Chart is showing a V-extended pattern. Stay with it if you own. May pull back a little but this could be a buying opportunity.

2006-03-02

VAGUE

5.960

They make low cost picture quality TVs. There is some worry about partnership. It is a inexpensive stock that could go up.

2006-02-25

HOLD

5.690

Looking at the charts, you can see that the market is anticipating something on their iFire. Now producing 10 flat panel TVs a week. Expecting an announcement where are they are going to unveil the TVs. The sooner they can get them to market, the better.

2006-01-24

TOP PICK

4.390

Made a 3-year base from 2002 on and is now starting to move. A great buying opportunity. $3.75 to $4.00 should be its major support.

2005-12-15

WEAK BUY

4.600

Still a little cautious on this company. Just hasn't been able to bring anything to market on their flat panel screens.

2005-12-12

DON'T BUY

4.400

Werner Muehelemann

Thinks their technology is OK in terms of their television, but they are behind in getting a partner. They're behind the curve in getting to the market. A very risky play.

2005-11-21

DON'T BUY

4.100

Feels the time for its iFire product has come and gone now.

2005-11-08

STRONG BUY

4.000

Expects an announcement of a joint venture by the end of the year. They are producing flat panel TV's at their pilot plant now. Stock is at $4. They have $1 in cash and a biotechnology business worth about $2.50. You're paying roughly $0.50 for the TV. If they have a successful joint venture and get a 1% market share, it would be worth about $5/7 a share.

2005-10-12

BUY

4.100

There's about $1 in cash in the stock. Of the remaining $3, they have a nano technology division which delivers wound dressings which is quite effective and that is valued at $2.50/3.00. Also have the flat panel TV division (iFire) which is now producing pilot 34" panel TV's. Would be positive if they spun the nano tech out.

2005-09-12

BUY

4.010

Between $3.70 and $4 you get a second buying opportunity.

2005-08-31

BUY

4.280

A joint venture makes all kinds of sense when you see where they are in their pilot project. If it doesn't come before the end of the year, it's a major disappointment.

2005-08-18

DON'T BUY

4.320

Werner Muehelemann

Have the iFire flat screen TV technology as well as the biotechnology segment which is doing quite well. Still waiting for a big joint venture with their iFire and they have to do that quite quickly as technology coming out of Asia is evolving very rapidly. Still a lot of speculation.

2005-08-09

DON'T BUY

4.390

Basically a holding company with a great variety of other technologies. Near term everybody is focused on their flat panel. Ranks at about halfway on their model. Earnings are expected to decline by 37%. A lot of money for a company not going to make any money. Good technology, but a lot of competition.

2005-07-21

BUY

4.220

Has moved up quite sharply lately on their I-Fire flat panel TV. About 3 weeks away from having their plant up and running and will be producing 34" at $300US. Probably 15 months away from market. May be a joint venture coming.

2005-07-14

BUY

4.220

Pierre Bernard

There's so much potential in the flat panel business, but a lot of competition also. Now that it's gone through $4, it's a Buy, but there is a risk attached to it.

2005-07-14

WAIT

3.650

Had a big selloff from 200 to 2003 and is now base building. Any kind of a breakout now in the area of $4 would be a good signal.

2005-07-07

BUY

3.710

Could easily get an asset value twice what it's worth now, but the trouble is if they don't cut a deal, they'll lose their competitive advantage. A good long shot to take in this market.

2005-07-04

BUY

3.140

Taking a long time and the market is not giving them any credit. Has a medical division that is probably worth about $2.50 a share as well as $1 a share in cash. The technology for their flat panel TV appears to be right and are currently waiting for a joint venture in it. Have a pilot plant in Toronto. Expects the stock will go sideways antil the day their is an announcement of a partner. Getting more confident.

2005-05-16

VAGUE

2.980

Underway in building their pilot plant for manufacturing of flat screen TV's. They need this and a joint venture partner. Very frustrated with the time he's had to wait on it for any action. There's a window that's closing with competition coming, so they need to do this quickly. It will pop if there's any announcement of a partner.

2005-04-20

DON'T BUY

3.000

Brian Acker, CA

The real key in the near term is the flat panel display. That being said, Japanese and Koreans are now introducing their 6th generation to help drive down prices. Ranks in the bottom 15% in his database model. 2005 earnings are expected to go from a loss of $0.34 in 2004 to a loss of $0.48 in 2005.

2005-04-14

WEAK BUY

3.490

Not much growth in their smaller assets. Their i-fire division is driving their total outlook. They have to beat the competition and any success there could result in an $6/8 stock. It has taken a long time to get their flat screen product to market.

2005-03-09

SELL

3.560

Not favorite management, tech team. Trade don't own. Wont go to $20.

2005-03-01

DON'T BUY

2.900

Flat panel display side of the business could have a lot of potential upside, but it's taken a lot of years to get it to market. Doesn't know what the royalties are going to be. The net asset value today is probably in the $4/5 range, but depends on when they get the product moving.

2005-01-31

BUY

2.960

Has a silver wound dressing business that's worth a couple of $'s a share. Also has $1 a share in cash. The window is closing on their flat panel screen and they had better hurry. If they can bring it to market, there is a lot of potential value.

2004-12-23

HOLD

3.000

The iFire division is the interesting part of the company. Raised capital and are utilizing it to raise a plant for manufacturing of the larger screen. Has been devoid of news for the last little while, so the stock has drifted back a bit. There should be more news in '05.

2004-12-17

WAIT

3.090

Gavin Graham

One or two of its technologies are now coming through the i-fire flat panel technology. Now starting to come back having won a patent battle. Their subsiduary just got a milestone payment on their clean sterile ThermicEdge product.You are now seeing some commercialization. Wait to see if this continues.

2004-12-13

WATCH

3.300

Medical division looks pretty good and is conservatively worth $2.50 per share. The iFire is on target for the middle of next year. Starting to worry that they may have missed the consumer window. Would like to see a joint venture partner.

2004-11-15

WEAK BUY

3.300

Duncan Stewart

Their technology looks pretty interesting, but they have never made a lot for retail sales. Looks like they will be manufacturing, and if they can do it a reasonable costs it could be OK.

2004-11-12

VAGUE

2.850

The focus on this company is their iFire division. Did a deal a while ago requiring a new issue which is being digested now.

2004-10-19

TOP PICK

3.130

Major focus is iFire, flat panel screen. Did a $50 million deal which diluted the stocks, but that should be working through soon. Looking for a partner.

2004-10-06

BUY

3.450

Outlook is very bullish. Setting up a prototype plant for the mid-30 inch TV flat-panel screen and then can look for a joint venture.

2004-08-23

DON'T BUY

3.470

Did the recent financing put up $16 million of their own money which is a vote of confidence. Intel has postponed their flat-panel introduction. Ranks in the bottom 10%. Earning estimates have dropped and are expected to continue to drop.

2004-08-20

STRONG BUY

3.390

At a good entry point now. If they get a 1% market share on TV's in the next couple of years, that would be worth $10 a share. Should have a lot of upside here.

2004-08-06

PAST TOP PICK

4.240

(A top pick Mar 25/04. Up 35%.) Still likes. Very strong cash position.

2004-06-01

WEAK BUY

4.100

David Burrows

Good technology but are probably a ways away from commercialization. Need more evidence that this is commercially viable. Risky.

2004-05-27

WEAK BUY

3.710

A story that has taken much longer than expected. Nanotechnology side is worth about $2 a share and they have over $1 a share in cash. 34 inch flat-panel TV is now available. Very cheap. Still have some hurdles.

2004-05-18

DON'T BUY

3.250

Ian Ainsworth

Have a lot of good technology. There are indications that they have some strong shareholders supporting the company. They have to sign some contracts to get their screens into production. Speculative.

2004-03-26

TOP PICK

3.150

(A top pick Dec 8/03. No change.) Getting closer to production on their flat panel screen. Expecting a joint venture with another manufacturer.

2004-03-25

DON'T BUY

3.440

Has a lot of cash and good technology, but hasn't turned into anything concrete yet. The rumored partnership of a Japanese company turned out to be only a loan.

2004-03-02

DON'T BUY

4.100

Ranks borderline on the bottom third of the database. Earnings estimates have dropped 5%. Worried about Intel as competition.

2004-02-12

STRONG BUY

4.020

New products in 2005. Like the company. Could get a homerun. Little downside, if any.

2004-02-10

HOLD

4.640

Likes short term. Made a breakthrough on IFire but haven't signed any contracts. These are challenges. Would sell on any contract signing.

2004-01-23

DON'T BUY

3.750

Have apparently created the prototype of the large flat screen they have been working on. There is a rumor that Intel will be chopping the price of flat screen TVs. In the bottom 10% of the database. Long on promises, short on delivery.

2004-01-05

TOP PICK

2.970

A very exciting company. Interesting products. Expects to see development and commercial development on the flatscreen over the next 18/24 months.

2003-12-08

WAIT

2.830

Lou Schizas

The next technical level of support is $2.50. The trend line has been broken. Expected to earn money in their next quarter after 9 quarters of losses.

2003-11-19

WEAK BUY

3.140

Gavin Graham

Has neat technology. If they're technology is commercially applicable with a major company, it looks pretty good.

2003-11-06

BUY

3.300

Richard Stone

An event driven story and needs to find a partner. If it unfolds as it should, there should be a good upside play.

2003-10-29

VAGUE

3.140

Glenn Paradis, BA, CFA

I-Fire is a good product, but until they get a solid partnership, you'll see the stock dropping. If they do get one, the stock will rise sharply.

2003-10-24

PAST TOP PICK

3.600

(A top pick Jul4/03. Up 33%.) Can see a lot higher highs.

2003-09-22

DON'T BUY

2.500

Brian Acker, CA

Has a very low model price compared to the asking price.It doesn't have any earnings.

2003-08-12

DON'T BUY

2.480

Ranks on the border top third of their database. Earnings estimates have dropped 13%. Losing money. Starting to get serious competition.

2003-07-09

TOP PICK

2.430

(Was a top pick on Apr 25/03. Up 2%.) Very strong cash position. Well managed.

2003-07-04

DON'T BUY

2.500

Gavin Graham

I-Fire has great potential, but still too speculative. Flat panel sector is not growing very fast.

2003-05-22

DON'T BUY

2.450

Ben Stadelmann

Small caps tend to go up between January and May, so they will probably drop during the summer. This is a difficult company to assess.

2003-05-13

BUY

2.400

They are up for sale. Have a lot of cash. Will create about $4 worth of value once its all done.

2003-05-12

DON'T BUY

2.500

Ted Macklin

A tough stock. Having trouble getting their flat panel into commercial production. Agreements are taking a long time.

2003-05-09

DON'T BUY

2.760

Up for sale. Management has bought up a lot of stock. A bit risky at this price.

2003-05-06

WEAK BUY

2.330

Paul O'Neil

Came in with a loss of .01 a share compared to .11 last years quarter. Focusing on two products, iFire and Nucryst Pharma. Has support in a tech trend. Some risks.

2003-04-30

TOP PICK

2.240

L-fire is moving quite nicely. Good partnership with Sanyo. Good cash position.

2003-04-25

DON'T BUY

1.740