VooDoo Vox Inc (VVX.TO)

Liked the company a couple of years ago but in this type of market, micro-caps without much revenue creates a brutal scenario. Did some expensive financing. Not selling his holdings but not much confidence that it will go up.

Results reported today are great. Not the market for this company.

Likes this one and it is on his Watch List of "Sustainable Advantage Potential". You have to believe in the discounted cash flow, because if you look backwards there is almost nothing. Heard they were having some problems with some customers who apparently were not getting the revenue business that they were hoping for, (unconfirmed and may account for the price weakness.

They do directory assistance on your cell phone in a mobile application. Likes what they are doing and their competitive position. They have Yellow Pages as a partner. The company has done absolutely nothing wrong.

Voice recognition, yellow page type application. Have been selected by Verizon (VZ-N) to run their yellow page operations. Looking at current and trailing earnings and cash flow, it looks expensive, but if using a Discounted Cash Flow approach it looks l

Likes the company and management team. Done the financing, have the cash and the relationships. Because it is speculative and has gone up, it has taken a big hit. Now is a good time to buy, but it is speculative.