Teligent: 100% Upside Based On Revised SOTP With Several Near-Term Catalysts

1035 Capital recently wrote an article on TLGT highlighting the underappreciated value of this turnaround generic manufacturer. As we predicted, there has been significant volatility in the share price. Since publication on Aug 8th, the price spiked up to ~$1.10 and has recently slid all the way back to the $0.60 range. In our previous article, 1035 Capital provided background information on TLGT and we argued the company is worth $2-2.75/share. Recent announcements within the past month have provided us a better understanding of the value of the company’s assets and based on this new information, we believe the sum of TLGT’s…
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IMO 2020 Drives Lower Fuel Costs And Creates Additional Demand For Scorpio Tankers, Inc.

At 1035 Capital, our investment strategy is to look for catalysts that positively improve the fundamentals of the companies we invest in. With IMO 2020, Scorpio Tankers (NYSE: STNG) has a significant regulatory catalyst ahead of it that should help increase demand for its services for the long term. Additionally, due to management's foresight, STNG has the world's largest, scrubber equipped product tanker fleet which positions the company well to take advantage of lower priced HSFO driven by IMO 2020 implementation. We believe these factors combined with historically low new ship builds places STNG as the best positioned public tanker…
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Amyris, Inc: A Sweet Future Brought To You By John Doerr

Billionaire investor John Doerr holds 19.99% of Amyris, Inc. (NASDAQ: AMRS) common equity and is actively trying to gather as much of the company's warrants and debt as possible. Why would an investor with the track record of Mr. Doerr buy up every piece of paper possible from a company that on the surface appears to be going bankrupt? While at first glance AMRS looks in deep trouble, we at 1035 Capital have found a few reasons why Mr. Doerr has repeatedly opened his wallet to this struggling company, and in our opinion, is likely to continue to do so.…
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LiqTech International Is An Under The Radar GARP Idea With Multiple Catalysts

LiqTech International (NASDAQ: LIQT) is an exciting clean technology filtration company positioned well to benefit from several significant catalysts which are providing meaningful growth opportunities for this relatively unknown small-cap company. This stock has been punished due to a misunderstanding of LIQT’s unique position within the marine scrubber market. Additionally, some investors express concern over the durability of LIQT’s earning power beyond the implementation of IMO 2020. This uncertainty, combined with a generally soft small cap market, has contributed to the currently depressed share price. Read More on Seeking Alpha.
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Village Farms Inc: This Cannabis And Hemp Producer Is Ready To Be Harvested By Investors

Village Farms (NASDAQ: VFF) was traditionally a vertically integrated producer of high-quality premium produce with more than 30 years of growing experience. Today, the company is one of the lowest cost producers of tomatoes and cucumbers in North America. The company prides itself on their prowess in technological and sustainable farming practices. Over the last 20 years, VFF built a solid distribution system, sophisticated greenhouse operations, and an experienced growing staff. This infrastructure and expertise provides an excellent foundation for VFF’s transition into a low cost, high quality cannabis and CBD producer. VFF has many marquee grocery accounts across the…
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Exclusive Seeking Alpha Interview: Investing In Small And Micro Caps With 1035 Capital Management

1035 Capital Management LLC was selected for an exclusive interview with Seeking Alpha. We discuss our investment philosophy as well as why “intelligent diversification” is important in our portfolios. We also provide insights on making the transition from being an analyst to a portfolio manager. Lastly, we share a long thesis on one of our current, favorite companies, The Joint Corp. Read more on Seeking Alpha
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Supernus Pharmaceuticals: Anti-CGRPs Are Causing Migraines For This Biotech But Investors Are Too Pessimistic Creating A Compelling Opportunity

Supernus Pharmaceuticals (SUPN) was founded in 2005 and was previously a subsidiary of Shire PLC (SHPG). SUPN and its management team have developed and commercialized the central nervous system ("CNS") products for more than 25 years. The company's two commercial products are Oxtellar XR® and Trokendi XR® both originally for the treatment of epilepsy. SUPN drugs are extended-release versions of earlier immediate-release branded products. SUPN found that by using extended-release formulations, these two molecules could achieve smoother blood saturation levels resulting in patients with fewer negative side effects and better disease management. In August 2016, SUPN expanded the label for Trokendi by gaining…
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Carrols Restaurant Group: A Restaurant Stock With An Impossible Catalyst And 50% Upside Potential

Carrols Restaurant Group (TAST) is the largest franchisor of Burger King Restaurants in the US. The company franchises almost 1025 stores across 23 states (as well as 55 Popeye’s locations in 6 states), including the June 2019 purchase of 13 Burger King Franchises in Maryland. Not only does TAST operate the largest number of Burger King Franchises in the country, they also have the Right of First Refusal to purchase locations from existing franchisees wishing to sell their Burger King locations across 17 states, as well as Popeye’s ROFR’s in 2 states. Read more on Seeking Alpha.
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Vertex Energy, Inc: With IMO-2020 Around The Corner, It’s Time To Revisit This Refiner

Vertex Energy (NASDAQ: VTNR) has three business divisions, including Black Oil, Refining and Marketing, and Recovery Technologies. The company went public in 2009 through a merger with World Waster Technologies. In 2014, VTNR bought several key assets from Omega Holdings, including the Marrero, LA-based Vacuum Gas Oil (VGO) re-refinery; the Belle Chase, LA facility; and the Golden States Lubricants blending facility in Bakersfield, CA. Later that year, the company also acquired Heartland Group Holdings which was primarily a used oil collections company with a re-refiner based out of Columbus, OH. Finally, in 2015, VTNR signed a lease agreement for a…
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Teligent: Micro-Cap Specialty Generic

Teligent (NASDAQ: TLGT) currently produces over 70 topical and injectable products across the US and Canada. TLGT was once an exciting high growth generic manufacturer but stumbled in the last few years as they invested to expand their manufacturing capabilities. The company embarked on a strategy to focus on TICO, topical, injectable, complex and ophthalmic generics in 2014 under the premise that there are less competition and greater pricing stability in these niche portions of the generic market. Given the small size of TLGT, these niche markets still provide plenty of room for growth. While the strategy to shift the…
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