Growth is on track at the Company.

As of March 31, 2020 Nanotech had $9.2 million of cash and short-term investments and no debt.

Management reiterated annual revenue growth in the 10% to 20% range.

Currently the company is trading at 0.4x price/book value, assuming no value for the patent portfolio.

And just in case you didn’t think that Nanotech Security had IP, check out their state-of-the-art production facility at Thurso, Quebec.