Professional
Added to YB: 2021-07-20
Pitch date: 2021-07-20
NNUP [bullish]
Nocopi Technologies, Inc.
-23.47%
current return
Author Info
Cedar Creek Partners provides deep-dive research on undervalued companies. Follow on Twitter/X.
Company Info
Nocopi Technologies, Inc. develops and markets specialty reactive inks for applications in the educational and toy products, and document and product authentication industries.
Market Cap
$16.2M
Pitch Price
$2.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
-1.68
P/E
-5.90
EV/Sales
2.54
Sector
Chemicals
Category
value
Cedar Creek Partners new position - Nocopi Technologies (NNUP)
NNUP: Niche specialty ink co w/ $1M cash flow trading at $13M mkt cap (67M shares at $0.20). Concerns over CEO's 20yr tenure: no shareholder mtgs since 2000, 50% raise, audit comm. of one (himself). Insider trading issues. Eriksen Cap. Mgmt. owns 5%+, sees value. Waiting on CEO response.
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