ThermoCeramix Corp (TCX.H-X)

Owns a small position. This was held by a private equity company, spent a lot of money building the technology and then took it public and the stock moved up. Raised some funds at a higher price and the stock pulled back a lot. There hasn’t been a lot of news. They have a heat transfer technology, which allows you to paint on technology, which can be used in a number of applications. The first one they are building out is electric barbecues. The application could be used for a number of industrial uses as well.

Have a very interesting technology of heat transfer that allows electric currents to be put through a number of different things. The 1^st application they are looking at is an electric barbecue and have just rolled this out with Williams-Sonoma (WSM-N) the big US retailer. Most barbecues can’t get hot enough because of technology. The next application will probably be a bathtub that keeps a steady temperature for you. It is just a matter of them closing and signing deals. The big barbecue season is basically January through March and we should start to see some earnings numbers from there. This is a stock that is transforming an industry.