Leonovus Inc (LTV-X)

They do distributed storage. They are looking at potential contracts with the Canadian government because of secure storage. He thinks it is still somewhat speculative.

Part of the recent sharp run-up was the ephouria for blockchain earlier this year. They offer shared storage inside and outside the firewall of a company, and can invole the Cloud. Now, they're moving to blockchain which is even more secure. They have a contract with National Bank which will help lift this stock.

This is a small company. He has met with management a couple of times. The CEO is impressive. The company’s technology enables the safe transfer of databases. He thinks it will take time for the company to prove its technology to the market. He does not recommend putting a lot of money into this, but it is a good speculation.

Has watched this in the past. This company does distributed, highly secure storage. They are a blockchain company. Their advantage is that they offer a real product (secure storage). Blockchain makes this more secure. Currently they have National Bank as a client and he expects them to add more over the next 3 months. They have new management which is doing well, the stock has dropped from 0.60 and is at a reasonable price. The price ran up (and down) with blockchain stocks, but it is now priced reasonably--unlike many blockchain companies, this one has been at this for at least five years and has existing clients.

When he was last on BNN, this was trading at $.55, and have done a financing at $.50. He suggested buying it below $.40, and the stock recently traded down to $.32. This company takes information and fractures it, and stores it on an extremely secure basis. They have an added opportunity, working with an outside group, to further enhance that and make it more robust through the use of a blockchain. National Bank (NA-T) is a client, and they are expected to announce further clients on top of that.

It has been around for a while. They announced a contract with a bank. It is interesting with a good CEO. Demand for Cyber security is going up. It is riskier but if you can handle it, it is interesting.

They make distributed storage. Recently announced a deal with National Bank (NA-T). If National Bank has a number of PCs behind their own firewall, they can use this. Once those are filled up to a reasonable level, they can use extra storage outside of the firewall and into the cloud. It has moved significantly from $.05 to a high of $.16, and is now trading at $.47, as they did a financing of $.50 recently. They introduced blockchain to their technology, so have a very good method of fracturing data. Blockchain allows them transparency and move lots of data quickly, as well as tracing where it went and where it came from. Has raised some money so are now aggressively continuing to build out R&D. By the end of March, they should have a product out there. He would guess this would be an Accumulate in the $.40 range.

You are going to hear a lot about Bitcoin and blockchain, particularly blockchain, which has a ton of deals coming to market with lots of promotion. What is interesting about this company is that they have been in this space for years. Blockchain is decentralized storage, making hacking data extremely difficult. Yesterday, they signed a deal with a company that specializes in blockchain programming and technology. He likes this one. The stock seems to be very cheap.

Has a small position in this. Company is based out of California even though it is listed in Canada. They provide “storage in the cloud”, but on a very diverse basis at a very reasonable price and low CapX. Very speculative.

Has the ability to use both set-top boxes and dark cores, processes that are sitting idle (e.g. unused hotel rooms). There is speculation that there is some kind of test going on with a Canadian-based hotel to see if it will work.

He is looking at investing in this one personally. Very speculative and very early stage growth opportunity. Have software that takes advantage of the “dark” cores in computers. Computers were not able to keep up to speed so ended up having computers coming with 2 and 4 cores. They will use the unused cores and installing a 3 TB hard drive so users can surf the Internet and use it as a set top box. Challenge is that most software is still written for single core. Looking for opportunities in the Far East where a large number of units would be installed with the unused capacity being sold.