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Microcap & Penny Stocks : Microcap Kitchen Canadian Stocks

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smallcapsteve
To: smallcapsteve who wrote (28994)9/26/2014 9:35:00 PM
From: Flipper121 Recommendation   of 49402
 
I have talked to CVX management in person a number of times.
Cellular concrete is their product which can be used to replace concrete in certain situations.
Its a product that will require converting contractors that use concrete in big constructions projects to switch. Engineers have to sign off on it and they are a conservative bunch. Advantages to using it are time and money. But there is an educational process which requires telling every potential customer one at a time what their product is and convincing them it is better than concrete.
It seems they are always a couple big contracts from making it over the hump and they have been at it since 2006. Maybe now is the time.
2013 revenue was $8M which resulted in a small loss.
TTM revenue is $6.6M with a loss of 950k.

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