Stock to Watch: Cymat Technologies Ltd. (CYMHF)

Stock to Watch: Cymat Technologies Ltd. (CYMHF)

After years of negotiations and ongoing research and development, Cymat Technologies (CYMHF) stock continues to flourish on the TSX, hitting a new 52-week high at the close of the market on June 13th.

The company shares traded as high as C$0.42 and last traded at C$0.40, with a volume of 58,100 shares changing hands. The stock had previously closed at C$0.39. The firm has a market cap of $12.10 million. Over the past year, CYMHF stock outperformed the Metals and Mining industry, as well as the market in Canada which returned -2.8%.

 

The Toronto-based innovative materials technology company manufactures and sells stabilized aluminum foam products (SAF) worldwide. It also provides architectural materials under its AlusionTM brand name, and automotive and blast mitigation products under the SmartMetalTM brand name.

Average Volume for Cymat Technologies stock is 41,360, which on average has seen a steady increase in volume over the last 2 years, in particular, average daily volume has risen over the last three months.

Cymat Technologies’ recent stock performance may be, in part, contributed to the company’s portfolio of actively progressing business opportunities. From the automotive to the architectural industries, to defense contracting and ancillary practices, the company’s leadership team has demonstrated the persistence to create promising markets and complementary partners in those markets.

 

To support its business goals, Cymat Technologies recently announced it entered into a draw-down equity facility of up to CAD $12,000,000 with Ontario-based Alumina Partners Ltd., a subsidiary of New York-based private equity firm Alumina Partners, LLC.

The draw-down nature of the facility ensures that Cymat Technologies has the ability to access capital as needed while pursuing its evolving list of projects.

In the press release, Cymat Technologies CEO, Michael Liik, noted: “We have been pursuing several initiatives that have now evolved to the point that, if successful, will require substantial funding. More specifically, securing this stand-by financing facility will enable us to strengthen our negotiating position with partners and potential customers. It will also allow us to increase our production capacity in a timely manner should these opportunities come to fruition.”

 

Further fueling Cymat Technologies’ prospects for growth include the launch of a premium version of its AlusionTM brand product, AlusionTM Plus. AlusionTM Plus will be manufactured from a new aluminum alloy and will provide enhanced material characteristics and aesthetics.

Outside of AlusionTM Plus, Cymat Technologies is also playing a leading role in bringing Stabilized Aluminum Foam (SAF) technology to a larger market with its joint-venture with Alucoil SA in Spain. The full-scale panel production facility is near completion with final trials expected to begin soon. When fully operational, the plant, which is located in Spain, will have a targeted annual output capacity of 500,000 m2 of sandwich panels.

 

In the Chinese market, Cymat Technologies has remained unimpacted by the recent international tariff escalations that have affected many aluminum products. In a recent press release, management at Cymat Technologies was pleased to announce that since the company’s signing of a distributor agreement in China approximately 8 months ago, revenue from China has grown to $1.3 million.

 

Disclaimer: The materials contained herein are for informational purposes only. This is not considered an offer or solicitation to sell securities in any company in any manner. Except for the statements of historical fact contained herein, the information presented constitutes “forward-looking statements” within the meaning of the Securities Act (Ontario). Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of the Company to be materially different any future results, performance or achievements expressed or implied by such forward-looking statements. There may be factors that involve risk and uncertainty that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place undue reliance on forward-looking statements.

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Places To Meet Women, That Don’t Include The Bar

Places To Meet Women, That Don’t Include The Bar

It seems guys forget one important fact to meeting women. They are everywhere. They are on the street, on the train, on the bus, in cars, in planes; they are in the cafe’s, at the buffet, and quite possibly walking your way. Poor rhyming scheme aside, the point is, it’s not hard to find a woman. Men need to think outside of the bar or the club as the only places to meet one. The reason it seems easy to meet women at a bar is that it’s a comfortable environment, with very little expectations. To best meet women, you need to begin with an environment you’re comfortable with. There are many comfortable spaces that don’t involve the bar, here are a few I suggest.

Places To Meet Women, That Don’t Include The Bar

 

Small Neighborhood Cafe’s (Not Starbucks)

Neighborhood cafés are great places to meet women. Usually, they are small, intimate, comfortable places where people go to work or socialize. In many ways, neighborhood cafe’s are like bars, but without the alcohol and the sports game in the background. It’s a comfortable social atmosphere that lends itself to similar interactions that can occur at the bar. The beauty of neighborhood cafes is they often don’t become crowded, unbearable venues, like a certain popular coffee-chains. You can head to a cafe with a book, take a phone call, and possibly, meet someone who shares your choice of latte.

 

The Bookstore/Library

A place with books is a great place to meet women. It’s also seen as a very traditional place to meet women. Libraries and bookstores are seen as places of solitude and quiet, but they help with introductions quite easily. If you’re looking through the travel section and there’s an attractive woman perusing a particular section you have knowledge about, you could offer some advice. Why should she go to the information desk, if you have just as much knowledge?

 

Meetups

The beauty of a meetup is, everyone shares the same tastes. If you join a Chess Meetup, someone isn’t going to seek a game of checkers. If you join a Rollerblade Club, everyone is going to have on a pair of blades. Meetups are centered around a common interest and the beginning of the great conversation. Using a tool like Meetup.com is a great way to explore your interests, meet other like-minded people, and engage in worry-free conversations with women who attend.

 

On The Train/Subway/Bus

I’ve had many female friends meet my boyfriend on the train. While awkward, public transit is great avenues for meeting women. Your chances of meeting someone, probably aren’t best during rush hour. Morning rush hours are worse because everyone isn’t a morning person. I’ve found the best times to meet someone new on the train, is during the weekends, or late afternoon/early evening. Don’t underestimate the potential of metro transit!

 

Yoga

I had to call an online dating expert, Alex Wise from Loveawake dating site for this one. Yoga is an underrated place to meet women. Most yoga classes lack male participation. The male/female ratio is something like 1 guy for every 10 women. I remember entering a yoga store and having a completely surreal experience. At one point there were three or four women talking to me, trying to invite me to a yoga class they were attending or trying to find out if I was single. Be warned though, yoga isn’t necessarily a social space, you’re going to have to find your moments to talk to women you find attractive. If your lucky, they may even approach you.

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3 Ways to Save Extra Money for Your Child’s RESP

3 Ways to Save Extra Money for Your Child’s RESP

For Canadian parents who’ve decided to open a Registered Education Savings Plan (RESP) for their child, first off, they are headed in the right direction. This savings plan allows families to put money aside for their children’s post-secondary education, with the Government of Canada offering two federal education savings incentives that help supplement RESP accounts.

According to Children’s Education Funds Inc. (CEFI), a leading provider of RESPs, with a sound plan and a commitment to saving for a child’s higher education, families can be more financially prepared for the future.

3 Ways to Save Extra Money for Your Child’s RESP

While setting aside money is a good first step, making regular contributions to your RESP to ensure you’re getting the most out of the government incentives is even more important.  Here are 3 ideas on how to improve your cash flow so you can have extra money to contribute to your child’s RESP.

 

Pay Yourself First

The easiest way to save is by paying yourself first.  Instead of waiting until the end of the month to use whatever money is left over in your bank account, treat savings as a top priority at the beginning of each month.  Determine how much money you’d like to contribute to your child’s RESP, and other savings goals, and work your way backward.  You could even have the bank automatically deposit a set amount of money from each paycheck to your savings account.

 

Teach Your Kids About Money

Teaching your kids about money early in life will establish healthy financial habits that will last throughout their adulthood. Why not introduce your kids to saving by encouraging them to contribute to their RESP? As soon as they begin kindergarten, explain to them that you are saving for their education in the future at a “bigger school.”  Establish a chore chart that will allow your child to earn a weekly allowance, and then suggest they save a small amount in their RESP. As they get older and can work a summer job, encourage them to increase the amount.

 

Earn Money on the Side

The internet can be a useful tool to earn some extra money.  Additionally, side jobs and earning extra income in your spare time is easier than ever thanks to the sharing economy. You could use your writing talents to start a blog and get advertisers to sponsor it, or you could become a driver for a ride-sharing service.  If you have been meaning to declutter your home, why not hold a garage sale or sell your items on eBay and invest the profits into your child’s RESP?

 

Whichever method you choose, the RESP is a very useful tool for saving for your child’s education since you can boost your savings with the Canada Education Savings Grant.

Lastly, don’t forget to ask your child’s relatives to contribute money to their RESPs on special occasions like birthdays and holidays.  All of these saving strategies will pay off in the long-run!

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The Simple Technique Of Maintaining The Originality Of The Carpet

Carpet is expensive and keeping your carpets clean in the long term can make a big difference by helping you to maintain a good ambiance and enhance the atmosphere to your home. This is an ongoing process and the key to maintaining a carpet required regular cleaning. Moreover, professional carpet cleaning and vacuuming every once in a while is also an important part of maintaining a clean carpet. Apart from this, there are certain common steps which you can follow for the ongoing cleaning process that will help you to maintain your carpet in the long run:

 

 

Below Mention The How To Maintain The Originality Of The Carpet

The Simple Technique Of Maintaining The Originality Of The Carpet

 

  • Ditch the shoes – It is better if you make it a family habit of removing your shoes outside while entering your home. Wearing shoes and walking across the carpet increases the amount of dirt which gets embedded in the fabric of the carpet and makes dark spots. Moreover, the tread of the shoes is harder than slippers which affect the fabric of the carpet. Side by side of making the habits of removing shoes outside encourages your visitors to the same as it will help to maintain a clean ambiance and enhanced atmosphere in your home.

 

  • Add carpet protection – Try to add a rug in the high traffic area of the carpet to keep your carpet clean. The rug will still need regular maintenance but cleaning a rug is a lot easier than cleaning a carpet. Moreover, you can also add chair mats to protect your carpets from chair legs, desk chairs, and wheels.

 

  • Sprinkle baking soda before regular vacuuming – Sprinkling baking soda helps in absorbing odors which will help you in cleaning and also smells fresh. Moreover, vacuuming regularly helps you to keep your carpet cleaner for longer. Regular vacuuming with baking soda is one of the most effective methods for keeping your carpet clean as it not only removes the surface dirt but also makes the cleaning process effective by leaving behind a fresh smell and a clean look.

 

  • Replace bags and filters regularly – Besides cleaning and vacuuming the carpet regularly proper attention needs to be given to the bags and the filter of the vacuum for effective cleaning. Make sure to regularly change the bags and the filters otherwise your vacuum could lose suction and fail to effectively pick up the dirt.

Carpet chemical cleaning

  • Professional cleaning – You should clean your carpet by a professional carpet cleaner at least twice a year. Professional carpet cleaner uses a deep cleaning method technology that not only cleans your carpet properly but also helps you to deal with the strong stains and dark spots that needs proper attention. Moreover, the technology and mechanism used by the professionals are very effective for carpet cleaning.

 

  • Deal with stains straight away – Mop up the stains immediately before it dried up as the harder it’ll get the more difficult it will be in getting rid of the stains. When you are dealing with an immediate stain removal procedure always try to blot the stain instead of rubbing the substance. In cases of solid dirt like mud or food gently scrape it off with a dull knife. Taking immediate steps is the best way to get rid of stains before they become permanent.

 

  • Keep an emergency kit on hand – Always keep emergency aid for dealing with immediate stain removal by remembering some of the techniques like club soda is good for cleaning wine and beer, ice cubes for chewing gums, hydrogen peroxide for removing blood stains.

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Top 10 Startup-Friendly Cities for Your Next Venture

Top 10 Startup-Friendly Cities for Your Next Venture

The Internet revolution has changed the dynamics of running a business. Having a robust connection is not beneficial for a startup but it has become essential. Faster broadband speed can make your workforce productive. That’s why all startups need to do proper homework prior to choosing their internet plans. But that’s not all, your location is a crucial factor, too, when it comes to success and expansion.

Silicon Valley, California is so far the most famous place for tech startups. But it’s not the only city to start your business. There are other cities within the United States that make great homes for startups. Here is a list of 10 best cities for your next startup based on their cost of living, local, and startup culture.

Top 10 Startup-Friendly Cities for Your Next Venture

 

#1: St. Louis

This metropolitan city is establishing an economy of entrepreneurs, investors, financial institutions and more over the years. St. Louis is home to an organization named Arch Grants that has distributed more than $6 million to fund 114 startups. These startups have managed to create 1,500+ jobs and $120 million in capital funds. The city is receiving support from the state as well as the local government to promote startup culture.

 

#2: Atlanta

Atlanta is among the top cities for small businesses and startups. It’s not just home to business opportunities, it also has more energy resources. This is one reason why the population in Atlanta is expanding. The young workforce is particularly showing interest in moving here. It is one of the cheapest states to live in the US as well. Film, TV, and tech industries are sprouting. Atlanta is also home to 70+ video game developer companies.

 

#3: Boston

According to Tech Crunch, venture investment in Boston has reached $5.2 billion. The city is voted as one of the top places for startups in America. Tech companies that specialize in healthcare, education, and energy are booming. No wonder giant businesses such as Twitter and Amazon have opened their headquarters in Boston.

The local government is also playing its part in promoting startup culture. City Hall is organizing programs to support startups and evolve in the tech ecosystem. The city also has a positive climate for female-led startups.

 

#4: Denver

Denver is more than just a place of mountains and sun. It’s playing a significant role in promoting startup culture. The city is making sure to keep its homegrown talent. It’s also inviting other people to live because of its lifestyle and opportunities.

 

#5: Philadelphia

It is one of those cites that offers convenient access to Washington, Boston, and New York. The cost of doing business in Philadelphia is affordable. It has the 2nd largest university population in the United States. Co-working spaces, accelerators, and incubators are growing in the city. Rich culture, affordable office space, and availability of top talent is creating a flourishing environment in the city.

 

#6: Seattle

Seattle is building a reputation as a tech hub for innovation over the years. Friendly inhabitants and the laid back atmosphere has made it earn the reputation of one of the best places to live as well as work in.

Google, Facebook, Twitter, Uber, Apple, Salesforces and other big names have larger offices in the city. They have been beneficial for the tech ecosystem in Seattle. The city is brimming with possibilities and ideas. And there is no shortage of talent here either.

 

#7: Austin

Austin is one of those cities that is best known for its affordability, quality of life and job opportunities. It is also ranked as the top state by CNBC for business in America. The city is home to talented people and the environment here is amazing. Many smart people have relocated from different parts of the country to Austin because it is affordable, it has a diverse culture, there are no personal income taxes and it’s family friendly.

It could become a center of entrepreneurial ecosystem very soon. It is considered that Dell gave birth to the tech economy system in the city. The tech presence of the city is further increased by the University of Texas, music festival, and the Annual SXSW Tech Conference.

 

#8: Chicago

Chicago, the windy city, has pushed the technology infrastructure and attracted top talent from all over the United States. The culture of innovation is growing in Chicago. It will soon become a popular alternative for tech hubs because of its low cost of living.

 

#9: Park City

Park City, the ski town, is quite famous among different entrepreneurial circles. Famous brands such as Backcountry.com and Skullcandy started from here.  Park City doesn’t have a public Internet infrastructure yet because it’s a mountainous location. However, there are two providers who are offering gigabit internet speed to those who are doing business.

 

#10: Holland

Holland in Michigan may be an unknown town for many but it has startup potential. The logistics in the city are improving day by day. Some successful tech ventures such as Fathom and Orendi Mask were born here. The Internet is available at competitive prices and speed as well.

If you are planning to build your startup, you could move to these cities rather than Silicon Valley. They have more opportunities, affordable cost of living, a good environment and nice customer care services to offer.

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