In 2020, we alerted several companies in different industries, and today we will go over the nine companies we alerted in 2020 that presented an ROI of 630% to investors since our publications!
Greenlane Renewables (TSX-V: GRN) is a green tech stock we highlighted to investors in March when shares tumbled during the Covid crisis. In March we wrote an article that highlighted our top 3 green tech in an article titled “3 Green Energy Companies To Track When Markets Rebound”. At the time of our article, shares of GRN were $.21 cents and as of today, 9 months later, Greenlane hit a high of $1.88, giving investors an ROI of 795% since our alert.
Recently, Greenlane Renewables announced that the company has signed a $10 Million with an international energy company in the United States. The contract is for Greenlane’s membrane separation biogas upgrading system and GRN is expected to fulfill the order immediately. President and CEO Brad Douville stated “Greenlane continues to gain traction with global energy companies as they seek to diversify their energy portfolios and introduce low carbon intensity fuel options to their customer base”. GRN has an impressive sales pipeline of $690 Million as stated in the company’s Q3 financial statements which GRN is works to convert to these to its sales order backlog.
We believe GRN will continue to rise in 2021 as the company continues to execute on more contracts, and GRN could soar to $3.00 - $3.50, and we are hopeful that management at Greenlane may seek the opportunity to uplist its shares to the TSX in 2021.
Headquartered in Montréal, Québec, Xebec Adsorption (TSX-V XBC) (OTCQX: XEBEF) is a growing leader in gas generation, purification and filtration solutions for energy, industrial and renewables industry.
On December 8th, 2020, XBC announced that the company had entered into a definitive agreement to acquire HyGear Technology and Services B.V of the Netherlands. In conjunction with the acquisition of HyGear, XBC commenced at $100 Million bought deal public offering and a concurrent private placement financing of $50 Million with the Caisse de Dé pôt et placement du Québec (“CDPQ”). The acquisition is valued at CAD $127.3 Million for the Dutch hydrogen generation solutions company HyGear. The following day, XBC later announced that the company increased the bought deal an additional $25 Million for a total of $125 Million and increased the private placement to a total of $55 Million for a total of $180 Million. According to the company’s press release, the financing is set to close on December 30th, 2020.
XBC began its rally in November and shares of XBC continued its ascent into December breaking out to a 52-week high of $8.09. Since our alert of Xebec Adsorption at $1.99 back in March, this would result in an ROI of 305% since our publication of “3 Green Energy Companies To Track When Markets Rebound”.
We remain extremely bullish on XBC for 2021 and we will continue to track the progress of the company as it is set for major growth following the acquisition of HyGear, and Xebec continues to sure into the double digits in 2021.
Kontrol Energy Corp.
2020 has been an extremely busy year for Kontrol Energy (CSE: KNR) (OTCQB: KNRLF) as the company has embarked on a bold journey when it developed its innovative and proprietary Covid-19 air detection technology called BioCloud. Since its announcement of the company’s new Covid-19 detection technology, KNR passed all levels of testing, received $50,000 and $500,000 of funding from the National Research Council of Canada and has entered into multiple distribution agreements.
In addition to its multiple developments, Kontrol Energy entered into a distribution agreement with Grande West Transportation (TSX-V: BUS) (OTCQX: GWTNF) as Grande West intends to offer Kontrol’s Biocloud as an option in Grande West’s new Vicinity Lightning™ electric bus and its Vicinity LT and Vicinity heavy duty bus.
Furthermore, KNR also announced on December 16th 2020, that the company intends to begin the process of uplisting its shares to the TSX Exchange. If successful in uplisting to the TSX, Kontrol intends to begin the process of uplisting its US listed shares to the NASDAQ! These much-anticipated developments are a great move for KNR, as the company’s uplisting could potentially attract large investors and possibly institutional funds. In addition to this news, the company also intends to complete its name change from Kontrol Energy Corp. to Kontrol Technologies Corp. by December 31 2020.
Since our alert of KNR at an average of $0.60 cents, shares of KNR soared 1,006% to hitting a 52-week high of $6.64 on September 14th, 2020. We firmly believe in the management team at KNR and its execution, which we remain very bullish on the future growth of KNR on its core business and the company’s new BioCloud technology. 2021 will be a very exciting year for the company and its shareholders!
Algernon Pharmaceuticals (CSE: AGN) (OTC: AGNPF) is a pharmaceutical company that is in the clinical stage for its therapeutic drug known as NP-120 or Ifenprodil. We chose AGN as our second coronavirus stock to watch due to Algernon’s approach of using a drug such as Ifenprodil for combatting Covid-19. Ifenprodil is a drug that has shown positive results in reduced acute lung injury (ALI) in mice infected with Avian H5N1.
Most recently, Algernon announced in late November that the company completed its final patient enrollment for the company’s Multinational Phase 2b/3 human study of Ifenprodil for the corona virus. CEO of AGN Christopher J. Moreau was quoted “Our next big step is to see how the preliminary data is trending and we remain hopeful it will show that Ifenprodil is reducing both the severity and duration of a COVID-19 infection”.
Since our alert of AGN at $.17 cents in March, shares of AGN have soared 241%, hitting a high of $.58 cents a month and a half since our alert. Shares of AGN have returned to their base price of $.24 cents after providing additional information of the company’s Phase2b/3 Ifenprodil for its Covid-19 data. Future positive developments will see a revival of the company’s shares, however, time is of the essence for AGN as other company’s become successful in aiding patients with Covid-19.
During the peak of the Covid-19 pandemic, Sona Nanotech (CSE: SONA) (OTC: SNNAF) was our second coronavirus related stock investors should put on their radar as the company was beginning to build momentum as it progressed in the development of its Rapid Antigen Test.
On August 13th, 2020, we tweeted that investors should take caution on SONA and highlighted KNR stock to outperform SONA. Since our mention to take caution at $10.36, and since then shares of SONA have tumbled 92%, hitting a low of $.80 cents in December. Sona Nanotech has seen its shares crash due to receiving Deprioritization from the FDA. In addition to receiving Deprioritization from the FDA in October, a month later SONA announced that the company was withdrawing its application to Health Canada due to the failure to obtain sufficient clinical data in relation to the company’s rapid antigen test.
We hope investors took profits on SONA, as we alerted the company in our article titled “2 Coronavirus Stocks To Watch” at $.51 cents and subsequently rose to a high of $16.05 in July, marking an ROI of 3,047% since our alert in just 4 months! As to the future of Sona Nanotech, we are not bullish on the company due to many factors including its failure to obtain approval from federal regulators in Canada and the United States and the growing competition of rapid testing company’s entering the marketplace.
Delta Resources Limited
Exploring in the friendly regions of Québec and Ontario, Delta Resources (TSX-V: DLTA) (OTC: GOLHF) is an exploration company that is focused on discovering many minerals including copper, silver and gold at the company’s Delta-1 property which is located near Timmins, Ontario and its Delta-2 property located in Chibougamau Quebec.
As of late, DLTA has begun an extensive drill campaign at its Delta-2 property which consisted of 15 drill holes and totaling 2,288 meters according to its press release dated December 1st 2020. In addition to its drill campaign, after the completion of its Phase 1, DLTA will commence the drilling of the company’s VMS targets located to the eastern portion of the Delta-2 property and is in proximity (1.5km) to the historical past-producing mine the Lemoine Mine. From 1972 to 1983, the Lemoine Mine produced a whopping 757,585 tonnes of ore with grades of 9.52% zinc, 4.18% copper, 4.56 g/t gold and 82.26 g/t silver. Delta Resources has previously completed the sale of its Bellechasse-Timmins property to Yorkton Ventures for a total of $1.7 Million that is to be paid over a period of 15 months. To date the DLTA has already received its first payment of $100,000 in July and a $250,000 payment in October, and according to its October 15th 2020 press release, investors should expect to see a $350,000 cash payment made to DLTA before February 1st 2021!
With its location being so close to the past-producing mine the Lemoine Mine and its current VMS targets DLTA is drilling, investors may want to keep DLTA on their radar as good assay results might propel shares of DLTA to break new highs! We first brought shares of DLTA to investors at $.34 cents in our article “Gold Exploration Company Delta Resources Delta Resources On Alert!” and 3 days later on July 20th shares of DLTA hit a high of $.50 cents, netting an ROI of 47% in just 3 days! Shares of DLTA have consolidated around the low $.40 cent range and is prepared to make its next moves in early 2021 as assay results come due!
TAAT Lifestyle & Wellness
In late October, we brought a new stock TAAT Lifestyle & Wellness (CSE: TAAT) (OTCQB: TOBAF) to investors in our article “3 Stocks To Watch In November”. TAAT is an American company that has created an alternative tobacco brand under TAAT which is being marketed as Beyond Tobacco. TAAT is an interesting company because the company has developed a hemp derived cigarette which contains no nicotine and is tobacco free yet the hemp derived cigarette, according to testimonials, tastes and feels like a true cigarette. We noted TAAT as a stock to watch for the month of November due to the fact the company was set to launch its new alternative tobacco product Beyond Tobacco in stores on November 27th 2020, and we predicted that shares of TAAT would move higher as the launch date neared. Sure enough, shares of TAAT rallied to a high of $4.20 on November 19th, an increase of 82% from our alert at $2.30.
On December 11th 2020, TAAT announced that the company’s shipment worth $150,000 has arrived at the warehouse of ADCO Distributors located in Canton, Ohio, and is intended to used to fulfill pre-orders that have been placed by retailers through convenience channel. We expect TAAT will continue to do well in 2021 as the company expands its product offering in other states and secures large orders with additional distributors!
Located in the heart of Israel, Zoomd Technologies (TSX-V: ZOMD) (OTC: ZMDTF) is an undervalued marketing technology company we have been tracking since the middle of May when we published our article titled “Zoomd Technologies: From Start up to Blue-Chip Clients”. ZOMD is a very solid technology company that we wanted to share with investors as its customer base include clients like TikTok, Walmart, McDonald’s, PokerStars and Ali Express just to name a few! In addition to its great customer base, ZOMD is also backed by a group of angel investors most from Israel, which collectively between insiders of ZOMD and its angel investors own approximately 88% of the 94M shares outstanding leaving only a mere 11M shares in the float that are available to trade!
We first alerted investors on ZOMD on May 19th at $.34 cents and ZOMD rallied to a high of $.69 cents on June 9th, 2020, giving investors an ROI of 102% in 3 weeks! With impressive revenues of approximately $30M per year and at current market cap of $21 Million @ .21 cents/share, investors may want to keep ZOMD on their radar as the company is valued below its annual revenues and ZOMD may see some accelerated growth in 2021!
At the beginning of 2020, we looked into a unique Canadian beer company that many Canadians may be familiar with known as Waterloo Brewing Company. Founded in 1984, and brewed in Kitchener, Ontario, Waterloo Brewing (TSX: WBR) was established as Ontario’s first craft brewery and known for its award-winning quality in the craft beer industry. Waterloo brewing has launched several flavoured brews this year and revenues have continued to increase.
In December, WBR announced its third quarter financial results which saw WBR’s net revenue increase 40.2% to 22.8 Million when compared to the $16.4 Million the year before. However, its gross profit margin had seen a decrease to 21.9% from 31.5% the prior year. In addition to its increased revenues, the Board of Directors approved an increase of 5% to the company’s quarterly dividend to $0.0276 cents per share. The CEO of WBR, George Croft was quoted "The strength of our brands is particularly evident in all retail channels where growth on our Laker family is +5%, Landshark +16%, and Waterloo Craft +16%. The grocery channel continues to expand during the COVID pandemic and pushed our third quarter growth to +51% in this channel”. The increased dividend will be payable on January 29th, 2021 to shareholders from the current record date of January 15th, 2021.
We brought Waterloo Brewing to investors in January 2020 at a price of $3.57 per share and since then, shares of WBR rebounded from dips during the Covid-19 crisis to hit a high of $5.50 a share for a total return of 54% not including the company’s 2% dividend. Alcohol consumption has increased during the pandemic according to a recent CBC article, and we expect that sales of Waterloo Brewing will continue to see increased demand for its lagers thus generating more revenues for WBR.
We are very thrilled that our 9 stocks have netted an average return of 630% for the year of 2020. As a Christmas gift to our readers, last week we published our recent alert on a new undervalued company called Universal PropTech Inc (TSX-V: UPI). Following the release of our article titled “Universal PropTech On High Alert” shares of UPI surged 42% on record volume of 848,000! Investors will want to put UPI on their radar, as UPI is geared to make big waves in 2021 once the company signs its definitive agreement with Delta-X Global. The agreement will enable UPI to bring a proprietary contactless facial and temperature software solution to market!
In closing, we would like to wish all of our readers a very Merry Christmas and safe holidays during these difficult times and we look forward to bringing more undervalued stocks to you in 2021!
Forward Looking Statements: This article may contain "forward-looking information" (as defined in applicable Canadian securities legislation) that is based on expectations, estimates and projections as of the date of the content is published on this website. Wherever possible, words such as "anticipate", "believe", "expects", "intend" and similar expressions have been used to identify these forward- looking statements. Information in this article has been furnished for your information only, is accurate at the time of posting, and may be superseded by more current information. Except as required by law, we do not undertake any obligation to update the information, whether as a result of new information, future events or otherwise. This article should not be considered as personal financial advice. Full Disclosure: Delta Resources Limited and Universal PropTech Inc. are clients of The parent company of EquityInsight.ca. Directors of the parent company of Equity Insight may buy, hold or sell the securities before during or after this publication.