Everyone I have a special one that I've been backing heavily for a few months.
ANO - looks like the cat is out of the bag.
Only 1 trade so far but plenty of smoke over the last few days.
Tiny old $6 million Aussie nanotech company verging on cashflow positive status.
Their products are being advertised - globally - by Merck, and Dow Chemical.
Big space devoted to Antaria's Alusion product on Merck's website, here:
http://www.merckgroup.com/en/media/extNewsDetail.html?newsId=39B11F468AC1C4FAC12575AD004C060B&newsType=1
And big space on Dow Chemical's webpage devoted to Antaria's ZinClear here:
http://www.dow.com/personalcare/technologies/uvtechnologies/zinclear.htm
Hidden away in the recent quarterly was the fact that sales of Alusion to Merck have more than double year-to-date compared with last year- albeit coming off a small base.
Also the fact that the majority of cash outflows in the quarter were due to the "stockpiling of inventory in anticipation of large sales growth this quarter", partly due I assume to the signing of a 3rd distributor, Neochem in Germany, also stated in the quarterly.
If you look into Alusion you'll see it has exponential growth potential in multiple applications.
ZinClear sales to Dow Chemical also increasing - worldwide sunscreen market.
And they have $2 million cash on hand with no debt, so no chance of any capital raising, especially with incresing revenue and inventory already manufactured.
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