Subject: Smallcap Discoveries: Weekly Update May 24th to 28th

Smallcap Discoveries:

Weekly Update May 24th to 28th
Smallcap Discoveries Select Portfolio

Immunoprecise Antibodies (IPA-TSX.V) Price - $9.52 Market Cap - $183M
Kidoz (KIDZ-TSX.V) Price - $0.77 Market Cap - $101M
Route1 Inc (ROI-TSX.V) Price - $0.51 Market Cap - $20M
  • University of Arizona Uses Automatic License Plate Recognition Technology to Improve Vaccination Delivery
  • Press Release https://tinyurl.com/yrfsen29
BeWhere Holdings (BEW-TSX.V) Price - $0.205 Market Cap - $18M
  • BeWhere Holdings Inc. Reports First Quarter 2021 Financial Results, Business Update and Announces Grant of Options
  • Revenue of $1.73M
  • Recurring revenue of $737K
  • Gross profit of $434K
  • Adj. EBITDA of $73K
  • Net Loss of ($36K)
  • Press Release https://tinyurl.com/y79pcwha
iFabric (IFA-TSX) Price - $4.18 Market Cap - $124M
Smallcap Discoveries Select Watchlist

Deveron Corp (FARM-TSX.V) Price - $0.82 Market Cap - $60M
Innovotech (IOT-TSX.V) Price - $0.15 Market Cap - $6M
  • Innovotech Reports Profitable First Quarter (Q1) to March 31st
  • Revenue $308K
  • Net income of $22K
Intouch Insight (INX-TSX.V) Price - $0.62 Market Cap - $14M
Legend Power Systems (LPS-TSX.V) Price - $0.76 Market Cap - $79M
Ceapro (CZO-TSX.V) Price - $0.66 Market Cap - $51M
  • Ceapro Inc. Announces Completion of Patient Enrollment in Clinical Study Evaluating Beta Glucan as a Cholesterol-Lowering Agent
  • Press Release https://tinyurl.com/sprtbnre
Imaflex (IFX-TSX.V) Price - $1.33 Market Cap - $67M
  • Imaflex Reports Strong Q1 2021 Results and Provides Business Update
  • Revenue of $24.9M
  • Gross profit of $4.6M
  • EBITDA of $3.5M
  • Net income of $2M
  • Press Release https://tinyurl.com/6zv3mxz9
Memex Inc (OEE-TSX.V) Price - $0.035 Market Cap - $5M
  • Memex Inc. Reports Q2-2021 Results; Anticipate achieving profitability for fiscal 2021
  • Revenue $878K
  • Gross margin of 83.1%
  • Net income of $141K
  • Press Release https://tinyurl.com/8zhf2xpp
NexgenRx (NXG-TSX.V) Price - $0.31 Market Cap - $22M
  • NexgenRx Announces Financial Results for Q1 2021 with Continued EBITDA and Net Profit Growth
  • Revenue of $2.8M
  • EBITDA of $693K
  • Net income of $362K
  • Press Release https://tinyurl.com/36s9ayz8
Nubeva (NBVA-TSX.V) Price - $1.00 Market Cap - $61M
Redishred (KUT-TSX.V) Price - $0.76 Market Cap - $60M
  • Redishred Capital Corp. ("Redishred") Announces Record Q1 2021 Results Highlighting: 51% Growth in Consolidated EBITDA
  • Revenue of $7.3M
  • EBITDA of $2.1M
  • Net income of $974K
  • Press Release https://tinyurl.com/4vbwed54
iFabric (IFA-TSX) Price - $4.18 Market Cap - $124M
Water Ways Technologies (WWT-TSX.V) Price - $0.155 Market Cap - $15.5M
  • Water Ways Reports Q1 2021 Financial Results, Books a Profit and Record Q1 Sales of CAD$5,450,000
  • Revenue of $5.45M
  • Gross profit of $1.23M
  • EBITDA of $557K
  • Net profit of $220K
  • Press Release https://tinyurl.com/33c4w67r
Ginger Beef (GB-TSX.V) Price - $0.38 Market Cap - $5M
  • Q1 Financials
  • Revenue of $1.9M
  • Gross margin of $350K
  • Net income of $109K
ICEsoft Technologies (ISFT-CSE) Price - $0.07 Market Cap - $5.6M
  • ICEsoft Announces Q1 2021 Financial Results and Scheduled Investor Call. Voyent Alert! Expanded to 228 Municipalities.
  • Press Release https://tinyurl.com/2z7rn5da
Total Telcom (TTZ-TSX.V) Price - $0.155 Market Cap - $4M
  • Q3 Financials 
  • Revenue of $524K
  • Gross profit of $269K
  • Net income of $88K
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