Bruce Campbell (2) Espial Group ESP-T PAST TOP PICK Sep 21, 2016

So far it has been a bit of a disappointment. It is a show-me story. He is hoping for announcements in the near future.

They were trying to help Rogers make set top boxes look like Apple TV. They have since cut cords. They have up to $1.50 of cash per share. He thinks there are activist shareholders looking to do something with this company. We need to see them start to do well operationally before buying.

(Top Pick May 12/16, Up 1.44%) There was controversy with a contract they had with Rogers. They rolled out with a couple of other companies. The upside is quite strong and you will start to see other deals. It is a way to play the defense against cord cutting.

(A Top Pick Oct 16/15. Down 40.26%.) Rogers was using their product, but decided they were going to do it themselves. Ended up writing off $500,000, and are now signing up with a US company. This company still has a great product. They are selling it into Europe. Thinks there is good opportunity going out for the next 3 years. A very small, competitive industry.

They are trying to defend cable companies from OTT (Over the Top) markets. With their set-top boxes software, they tried to make it look more like Apple TV so it is easier to use. Just reported a very big quarter. The business is doing fairly well and the stock is very cheap. About 50% of the market cap is in cash. He is waiting for deployment of a couple of the contracts that they’ve signed, and hopefully will see it coming in the next few quarters.

(A Top Pick May 12/16. Up 20%.) This has been in the news with a hedge fund trying to replace some people on the board. Feels there needs to be changes. The market cap is about 45% in cash. They have 2 companies that make up the majority of their revenue. He is hoping they can bring on some new customers.

It has a ton of cash on the balance sheet. Some think this will be taken out in 2018. They signed a couple of deals and the stock is up today. It is cheap. It will take some time. We need them to ramp up.

This has not done much for the past couple of years. They have a great balance sheet. They have signed a couple of contracts recently and have recently beat analyst earning expectations. He thinks this is a great take-over target and he has a large holding.

They haven't won many contracts lately. They had signed a deal with Rogers to make them look like Apple TV and more user-friendly, but lost that contract, then signed a few new contracts, but those revenues haven't come to fruition. He still holds it thought it's been going down. There's lot of cash on the balance sheet. He's waiting for them to sign more contracts. Frustrating. If things don't work it, the company might be sold. They've done poorly operationally.