Technology Futures: Archive
January 13, 2012:
2012 International CES
Mike Volker provides coverage of the 2012 International Consumer
Electronics Show and Conference in Las Vegas after making his annual
May 27, 2011:
Don't Do Stock Options - Do
If you’re a growing company and you want to attract talent by
dealing them in, Mike Volker tells you why you should be giving them
shares instead of stock options.
October 1, 2010:
You Don't Need to Be Rich to
Invest With Angels
Upon attending a presentation by Rob Wiltbank of Willamette
Mike Volker discusses
the need to create more mechanisms to allow wanna-be angels to
participate in angel investing.
May 14, 2010:
Stock Option Headache for
Mike Volker discusses the March 4th Federal Budget's detrimental
rule change regarding taxation on stock options and presents a
February 13, 2009:
Hot Companies: Ready to Rocket 2009
Last week, Mike attended Rocket Builders' annual "Ready to
Rocket" seminar at which Geoffrey Hansen presented his firm's
picks for the top 25 technology ventures in BC.
December 22, 2008:
The Skinny on Angel Investing
Mike gives us the skinny on angel investing and reports some
findings that might surprise you - especially how well we're doing
here in B.C. relative to Silicon Valley. But, for both investors and
entrepreneurs, it's not as rosy as we'd like to believe.
November 3, 2008:
Investing in BC's New Power Producers
Mike Volker profiles three of BC's publicly traded power companies
and shares why he thinks it's a good time to make some energy
January 25, 2008:
Hot Companies: Ready to Rocket 2008
Last week, Mike
attended Rocketbuilders' annual "Ready to Rocket" seminar where he
interviewed Geoffrey Hansen about his firm's picks for the top 25
infotech ventures in BC.
May 18, 2007:
VC in BC: Investments in tech ventures exceed $1 billion in 2006
Amazed at the
number of new startups and investors around the province, Mike
writes an update on Venture Capital in British
July 1, 2006:
Tech Startups graduating with
In Tech Futures, Mike Volker notes
that the quality and quanity of new tech startups is getting better
all the time. Local initiatives such as the VANTEC angel network
have contributed to this by providing the resources needed for
successful commercialization. His own fund, WUTIF, has made 31
investments in 22 companies in 20 months.
April 7, 2006:
Patents - a New Asset Class? The
World's First Patent Auction
What's your idea worth? What's a
patent worth? This past week, Mike Volker attended the "World's
First Patent Auction" in San Francisco and writes about it in his
Technology Futures column.
September 30, 2005:
Entrepreneurship Rocks in BC,
It's about "TIME" for Tech Startups,
WUTIF Angel Fund in action
Futures, Mike Volker talks about the increase in entrepreneurship in
BC citing various examples and new initiatives for entrepreneurs and
13, 2005: A
Better Model for Commercializing IP and How You, Too, Can Cash In!
this month's column, Mike Volker is going to suggest a new, holistic
approach for technology commercialization. The current emphasis
placed on pushing intellectual property (IP) out into the
marketplace is not effective. There's a better way and it's one that
you, too, can participate in.
Mar 28, 2005:
Angel Investors Hit Pay Dirt with Aspreva
In this month’s Technology Futures
column, Mike Volker comments on Aspreva’s recent IPO mainly as an
example of how early stage investing is supposed to work and the
role of angel investors and angel funds and how you could get in on
the real early action. And, just for fun, a few of the world's super
wealthiest are identified just in case you are looking for some
really deep pockets.
Feb 28, 2005:
Innovative New Fund Initiatives and Budget Notes
In this month’s Technology Futures
column, Mike Volker takes a look at some innovative developments in
the financing arena and how can enjoy phenomenal leverage when
investing in the tech sector. In the past month, we’ve had two
budgets tabled – by the Province of B.C. and the Le Gouvernement du
Canada. Mike will also look at their impact on the tech sector.
Jan 10, 2005:
Tech Outlook 2005: Prognosis Good for Investors and Companies
In this month's
Technology Futures, Mike Volker outlines that
never been a better time for technology ventures, especially
startups, and technology investors than right now, especially in
Canada and here in B.C. in particular.
Nov 29, 2004:
Entrepreneurship 101, Building Better Boards, and the Patent Game
In this month's
Technology Futures, Mike Volker touches on three of his favorite
topics - Entrepreneurship, Directorship, and Inventorship - with a
view to providing some new insights - many of which he recently
gleaned at the numerous workshops and conferences in which he
October 1, 2004:
Angels vs VCs, CPC Update, Telus New Ventures BC, Manning Awards,
and 1188 W Georgia
In his Technology Futures column, Mike
Volker takes a look at some of the brewing tensions between angel
investors and venture capitalists and offers some guidance to
entrepreneurs seeking early stage funding. An update on
the CPC program is also provided as a financing alternative.
Finally, Mike reports on the results of the recent Telus New
Ventures BC competition and the Manning Awards that are taking place
in Vancouver this year - to recognize BC's innovators.
July 30, 2004:
A New "Old" Funding Idea
In this month's Technology Futures,
Mike Volker re-visits and old idea on how to give start-up
entrepreneurs better access to capital to kick-start their ventures
and pursue their dreams. It might even save taxpayers a few dollars
while make financial support more broadly and equitably available.
4, 2004: Funding
month in Technology Futures, Mike Volker deals with the subject of
financing startup ventures. What financing options are available to
startups? This continues to be a major challenge for entrepreneurs.
He'll take a look at how VCs and angels approach this and some of
the issues. He also have an idea to share with you as to what could
be done to mobilize more early stage capital. Mike also laments the
loss of a great tech supporter on the Island, Colin Lennox.
30, 2004: What's
up on the BC Tech Scene?
this month’s column, Mike discusses the latest goings-on in the BC
technology scene for those of us who have been working too hard to
keep up with what’s been happening. Mike provides insight into the
ASI and SCBC merger,
formation, information on the Telus New Ventures Business
Competition and Foreign Mergers & Aquisitions – are they good
20, 2004: Investment
Climate in BC?
last month's column, Mike Volker was very bullish on B.C. In this
month's column, look at the investment climate in B.C. for tech
companies (he's a little more reserved especially after some
disappointing news concerning the Province's popular VCC tax credit
program). Is B.C. still open for business? Mike also talks to the
Rocket Builders folks to highlight a few promising stars in the IT
9, 2004: Bullish
his first column for 2004, Mike explains why he's so bullish on the
tech sector in British Columbia and why he believes that it's one of
the best places in the world to build your technology venture.
21, 2003: Angel
this month's column, Mike will focus on the business of angel
investing. B.C.'s new tax credits will give entrepreneurs greater
access to capital while also admitting smaller investors into the
New Corporations Act Explained (Cont'd)
this month's Technology Futures, Mike Volker continues his dialog
with Herb Ono of Clark Wilson, regarding the changes in the B.C.
Corporations Act - drilling down and getting quite specific. Mike
also provides an update on some recent tech financings showing that
lots of deals are getting done. Amusingly, in light of Silent
Witness's $83 million takeover by Honeywell, learn what Silent's Rob
Bakshi said about his company's stock price back in 1996.
New Corporations Act Explained
month's Technology Futures column is mainly about the legal and
regulatory environment in which B.C. companies operate. Mike Volker
interviews Herb Ono of the law firm of Clark, Wilson who will shed
some light on the major changes relating to two Acts: the Securities
Act and the new Business Corporations Act. With the increased
emphasis on proper corporate governance, it is necessary for company
directors and executives to be familiar with these changes.
22, 2003: Capital
Formation, Bye Bye BBX - Hello CNQ, Easy Money, Recent Financings,
month, Mike Volker's Technology Futures column is mainly about
accessing capital, some of the new funds and exchanges to help
facilitate the raising of money, the rules associated therewith and
finally, some recent financing deals.
20, 2003: Financing
Innovative B.C., Recent Financings, Tech Awards, and Updates
this month's Technology Futures, Mike Volker comments on the B.C.
innovation climate noting that both Venture Capital funding and
support for research and development is improving. What's missing,
though, is early-stage funding that's required to take R&D
results to the point of being VC bankable. Read up on how that's
about to change thanks to some new initiatives underway.
2, 2003: Prescription
for a Junior Capital Market, Recent Financings, Capital Pool Corps
Update and VEF Events
this month's Technology Futures, Mike Volker takes a look at the
junior public market in Canada and offers a prescription for what's
needed to make it work. It entails taking two good ideas - one from
B.C. and one from Ontario. He also notes some recent financings to
give encouragement to those entrepreneurs who believe that there's
no money out there.
4, 2003: Innovation
Nation, Innovative Dell, Some Recent Financings, Capital Pool Corps
Update and VEF Events
Technology Futures, Mike Volker comments on some speeches made by
technology entrepreneurs. Michael Dell's talk to the Board of Trade
demonstrated how thinking big can lead to success while a TIA
breakfast with Leonard Brody, author of Innovation Nation,
accompanied by a few notable entrepreneurs, pointed to Canada's
successes and untold secrets.
7, 2003: Budgets'
Impact on Techs, VC Update, Capital Pool Corps Update and VEF Events
Technology Futures this month, Mike Volker sizes up the recent
Budgets and what they mean for startup companies raising capital. He
notes that by combining Federal and Provincial perks, tech investors
can invest with 30 cent dollars. He also provides a VC update and
with regard to a recent VEF presentation, notes that there are other
investing alternatives for the tech entrepreneur.
14, 2003: Is
there any money out there? Capital Pool Corps Update and Local
this month's Technology Futures column, Mike Volker takes a look at
the B.C. financing scene with some insights as to what angels, VCs
and other investors have done - and what they could do - for
technology companies. Is there any money out there? You might be in
for a pleasant surprise!
3, 2003: 2002
Winners & Losers, Financing Outlook, Access to Capital, Capital
Pool Corps Update, Local Events and Footnotes
Technology Futures this month, Mike Volker takes a quick look back
at BC's top tech companies to see how they performed for investors.
Unfortunately, it's not a pretty picture. The challenge is in
picking the winners for 2003. Mike also comments on the outlook for
private financings and the access to capital problem.
6, 2002: Better
Boards Build Better Businesses, Innovation and Competition,
Innovative Early Stage Funding, Capital Pool Corps Update, Local
Events and Footnotes
Technology Futures, Mike Volker summarizes some of the key points on
better board practices as heard at a recent SFU/Catalyst seminar
titled, "Better boards build better businesses". Need
R&D money? Now you can offer your investors a 141% return even
if your project fails! This may be the way to fund some of these
tough-to-finance wacky ideas. Learn how in this month's column.
1, 2002: The
Great Options Debate, Corp Gov for Tech Companies, Is Capital in
Short Supply (where are the angels)? Tech Bets, Capital Pool Corps
Update, Local Events and Footnotes
this month’s column, Mike Volker sheds some light on the great
options debate noting that Canadians appear more willing than
Americans to succumb to the call for expensing stock option grants.
However, what's not well understood or agreed to, is HOW this will
4, 2002: Enthusiasm
and Optimism Prevail, More on Options and Compensation, Capital Pool
Corps Update, Local Events and Footnotes
has been a very busy month for people involved in the technology
industry. There have been numerous forums and events dealing with
the future of our industry. In Technology Futures, Mike Volker takes
a look at some of these and stresses the need for better metrics and
the need to get consensus on specific goals and targets.
6, 2002: Crusade
against Options, Outrageous Salaries, Capital Pool Corps Update,
Local Events and Footnotes
this month's Technology Futures, Mike Volker goes on a crusade to
abolish stock options. A former fan of options, Mike is now a
converted anti-optionist. He also goes on the attack against
inflated executive compensation - especially in unproven companies,
suggesting we get back to good old basics
9, 2002: Look
at the Bright Side, R&D Downturn, New Tax Credit Proposal, A
"Junior Junior" Exchange?, Capital Pool Corps Update, and
Technology Futures this month, Mike Volker takes a look at the
bright side of tech investing and comments on the downturn in
R&D spending, a new B.C. tax credit investment proposal - hot
off the press, and the Toronto Stock Exchange's idea of creating an
even more junior stock exchange than the TSX Venture Exchange.
5, 2002: Prime
Time for Corporate Scams, Bootstrapping's the way to go, BBX Debuts,
Capital Pool Corps Update, and Local Events
Technology Futures this month, Mike Volker compares what's happening
in Corporate America to what happened in Vancouver when the U.S.
media labeled Vancouver as the "scam capital of the
world". The fallout means tougher times for tech companies
seeking capital in a skittish market. Although new initiatives such
as the BBX stock market are forging ahead, it still means that in
the short term, CEOs have to get back to business basics and
bootstrap their way to success. Mike also provides an update to
Capital Pool companies.
7, 2002: Innovation
and Entrepreneurship, CATA Index, Silicon Valley Report, TSX vs BBX,
Capital Pool Corps Update, and Local Events.
Tech Futures, Mike Volker discusses various initiatives relating
to Canada's Innovation Agenda and suggests that the real weak link
is entrepreneurship - or lack thereof. He also reports on Silicon
Valley and some of the interesting happenings down there.
3, 2002: Outlook,
Premier's Technology Council 2nd Report, Rx for CDNX is TSX (what's
BBX), Investment Opportunities, Capital Pool Corps Update, and Local
May's issue of Technology Futures, Mike Volker covers a lot of
ground - discussing the outlook for B.C. tech companies with
reference to the Fed's $32.3 million support. This, along with work
done by the Premier's Technology Council will help in the growth of
our industry. Perhaps the TSX's new branding strategy will help too
- especially the junior tech companies that need more investors. He
also singles out a few companies which have been in the news lately
that might be worth taking a look at.
5, 2002: Capital
Raising Made Easier, Small Cap Opportunities, Capital Pool Corps
Update, and Local Events
this month's Technology Futures, Mike Volker highlights the recent
progress made by the BC Securities Commission with its de-regulation
initiative. It's good news for tech companies, especially startups,
because there are now fewer restrictions impeding capital formation.
Mike also notes that, as the economy starts to turn, the time is
ripe for a second look at those cheap microcap B.C. tech ventures.
1, 2002: A
Better Tax Call, Eight IT Stock Picks, New Regs Coming,
Canadian dollar will keep falling, Capital Pool Corps Update,
and Local Events
this month's Technology Futures column, Mike Volker picks eight
infotech stocks as investment targets, highlighting one - Infowave
Software - as an example of "extreme financing" - possibly
more thrilling than the Olympics. He also argues for a more balanced
approach in our taxation policy, i.e. income vs investment,
especially in light of the poor timing of income tax cuts and the
tech sector slowdown. Finally, he comments on new securities
regulations and the future of the Canadian dollar.
25, 2002: Outlook
2002, BCSC is Listening, Capital Pool Corps Update, an RRSP Idea and
his first column this year, Mike Volker takes a big picture view of
the high technology industry in B.C. He provides some interesting
data on the growth of this industry sector and takes a look at
future growth prospects and some of the exciting new initiatives
that are taking place in the province.
28, 2001: A
Look Back at 2001, CPC Update and Coming Events
his final column for 2001, Mike Volker takes a look back at 2001
recapping some of the highlights from his articles over the past
year. He takes this opportunity to wish all readers a prosperous
14, 2001: Eschewing
Obfuscation, Year End Checklist, The Innovation Agenda, Good Buys,
CPC Comments & Update, and Coming Events
Technology Futures, Mike Volker attempts to eschew obfuscation by
trying to figure out which of our B.C. tech companies are making
money these days. Then, to help you make some money, he presents a
list of six year-end tax planning tips which you still have time to
act on. And finally, he mentions a few "new" local
companies that you might want to bet on right now.
30, 2001: Creo
joins Billion Dollar Club, CDNX Survivability, Corporate Governance
Report, Good Buys, CPC Comments and Update, and Coming Events.
week, Mike notes that the B.C. tech industry now has its own billion
dollar club and welcomes its first member. He comments on changes at
the CDNX and expresses concerns over its possible demise. The final
report on corporate governance has been released and is a must-read.
In addition to making a few stock picks, Mike offers some thoughts -
and an update - on Capital Pool companies.
16, 2001: CDNX
Liquidity Woes, Good Buys, Fresh Air at the Commission, Capital Pool
Corps Update, and Coming Events
week's Technology Futures column by Mike Volker addresses some of
the CDNX liquidity woes with a few simple, but substantial,
recommendations. There are some positive changes in the works at the
Securities Commission which will make life easier for entrepreneurs
and investors with respect to capital formation. As for "hot
tips", some good buys in the local tech sector are highlighted.
2, 2001: Accessing
Capital, Capital Pool Corps Update, and Coming Events
Technology Futures, Mike Volker looks at the present climate for
technology financings. If you're an entrepreneur or tech investor,
you'll find some interesting ideas and tidbits on accessing – and
preserving - capital. Although public companies and companies
wishing to go public are having a tough time, private companies and
even many public ones are still managing to raise new equity. It may
not be as bad as you think!
19, 2001: What's
an Entrepreneur?, NewMIC Opens for Business, Vancouver's HOT 5,
Capital Pool Corps Update, and Coming Events
Technology Futures, Mike Volker addresses the question, "What
is an Entrepreneur". He presents some of his thinking on this
fascinating subject having observed hundreds of them over his
30-year business career. Mike also mentions the opening of NewMIC,
Vancouver's HOT 5 companies and a few other amusing thoughts.
5, 2001: Picking
Winners, Capital Pool Corps Update, and Coming
has been a very entrepreneurial week. In Tech Futures, Mike Volker
talks about some of the events of the past few days which have
focused on entrepreneurship. He offers some thoughts on what
"it" takes to be one and how investors might spot one.
21, 2001: Confidence
Shaken, What's Up, Technology Financings, Capital Pool Corps Update,
and Coming Events
his Technology Futures column, Mike Volker comments on the real
problem behind our falling market - the confidence factor - and what
we can do about it. He identifies some companies and sectors which
may perform well under the current American crisis. He also provides
an update on local financings and draws attention to some exciting
forthcoming events in the local tech community.
7, 2001: Corporate
Governance, Insider Reporting, Technology Financings, New Stock
Exchange, Worth Mentioning and Capital Pool Corps Update
his Technology Futures column, Mike Volker comments on Corporate
governance practices and the recent report issued by the Joint
Committee on Corporate Governance and where you can learn more about
this interesting subject. He also notes that insider trading
reporting is finally going on-line. Additionally, you can find out
about the latest new stock exchange, get an update on technology
financings, and be informed about some upcoming local events.
24, 2001: Silicon
Valley Blues, Miscellaneous Musing, Technology Financings, Capital
Pool Corps Update
Technology Futures, Mike Volker sings some Silicon Valley Blues and
points out why cash (not P/E which is an almost useless measure
these days) should be the tech investor's most important criterion.
He notes, with examples, that tech financings continue in spite of
tough times. He also reflects on the Premier's recently announced
Technology council and muses over how the deficit could be
27, 2001: Making
a Quick Buck,
Capital Pool Corps Update
Technology Futures, Mike Volker responds to a reader's question
about how to make a quick buck by investing in high tech companies.
You might be surprised at what you'll find. Did you know that you
can make almost risk-free high return investments in tech stocks? As
usual, Mike provides an update to Capital Pool Companies.
29, 2001: Tax
Freedom Day, R&D Pipeline, Corporate Performance, Capital Pool
Technology Futures, Mike Volker notes that today is Tax Freedom Day
and he comments on the importance of corporate R&D in ensuring a
tech companies long term success. He also identifies an interesting
Ontario technology sales company with a B.C. connection which just
reported a dividend of $.80 yet is trading below $5.00.
15, 2001: Invest
in Spin-Offs, Misc Musings, Capital Pool Corps Update and Events
this edition of Technology Futures, Mike Volker's feature story is
on B.C. University spin-off companies - who they are, how you can
invest in them and why they're a good bet. In his miscellaneous
musings, you'll find some amusing tidbits of information - like
which Canadian company Bill Gates is getting his best ROI on, some
hot Fathers Day gadgets, and a few other investment tips and ideas.
1, 2001: Market
Terminology for Dummies, Picking Some Winners, OTCBB Re-Sales now
OK, Capital Pool Corps Update and Events Update
his regular Technology Futures column, Mike Volker presents some
stock "picks" as selected by a number of Simon Fraser
University engineering students. Looking for any speculative
insights? Think again. Wondering what some market terms really mean?
If so, check out his "Market Terminology for Dummies"
18, 2001: AGM
Time, New Promise for BC, Canadian Outlook, Capital Pool Corps
Update and Events Update
week in Technology Futures, Mike Volker provides some insights on
corporate annual general meetings and how investors can participate.
He also comments on the BC and Canadian economic outlook in the wake
of our recent election and good news from Paul Martin.
4, 2001: Financings
are Alive, Capital Pool Corps Update and Local Happenings
Technology Futures this week, Mike Volker takes a look at junior
financing activities on the CDNX as well as the recently announced
funding for Westport Technologies noting that financings are not as
dead as many observers seem to think. He also makes some follow up
comments on his concerns about the CDNX and the regulatory burdens
faced by companies.
20, 2001: CDNX-Making
it Work, Capital Pool Corps Update and Local Happenings
Technology Futures, Mike Volker takes a look at the CDNX's future
and what's in store for its companies. Will the Eastern
Establishment make it easier for companies to access growth capital?
He suggests that major reform is needed in order to create an
environment in which junior public companies can get access to the
capital needed to make them grow.
6, 2001: Angels
fly in BC, Trading the BC Techs, Capital Pool Corps Update and Local
Technology Futures this week, Mike Volker talks about the state of
Angel investing in B.C. and its contribution to the growth of the
tech sector. Being an eternal optimist, he comments on how well BC
Tech companies have performed over the past three years and how an
exchange-traded BC tech index might have provided a fun ride.
23, 2001: Markets
to Rally, A New Canadian Exchange?, Capital Pool Corps Update and
Technology Futures this week, Mike Volker provides his optimistic
comments for a market rally and the abundance of "penny
stocks". He also talks about the prospects for a merged TSE and
CDNX stock exchange. Finally, he draws attention to some very
interesting upcoming local events.
9, 2001: Stimulating
a Tech Rally, Stock Option Woes, New Ventures BC, Capital Pool
Corps Update and Local News
week in Tech Futures, Mike Volker takes a broad look at what is
needed to stimulate a tech rally in the markets. He proposes a
simple tax incentive scheme to give an investment boost to Canadian
companies to keep the economy from retreating. A brand-new made-in-B.C.
business competetion initiaitve, New Ventures BC is featured in this
column. Mike also discusses some of the on-going problems associated
with Stock Options. Some local news and CPC updates are covered as
9, 2001: The
ASI Exchange, New B.C. Tech Indexes, Market Commentary and Capital
Pool Corps Update
his Technology Futures column, Mike Volker raves about The ASI
Exchange, B.C.'s upcoming premiere technology event. Here's an
opportunity to network with the who's who of B.C. high tech. Mike
also notes that there are now three different B.C. technology stock
indexes tracking local performance - a big change from a few years
ago when no one even noticed!
26, 2001: Winning
on CDNX, Software Acquisitions Boom and Capital Pool Corps Update
Technology Futures, Mike Volker takes another look at the CDNX and
the role it plays in building winning companies. Some of its many
success stories are highlighted. In contrast to public financings,
he comments on merger and acquisition activity in the software
sector. As a footnote, Mike laments our industry's less-than
ambitious goals for increasing R&D in B.C.
12, 2001: Market
Commentary, What to Buy?, Hedging your Bets with Collars, and
Capital Pool Corps Update
week, Mike reflects on current market sentiments and identifies some
buying opportunities, especially the overlooked and potentially
lucrative Internet Notes offered by the Business Development Bank.
He also explains how Put/Call collars can be used by holders of
large stock position as insurance against capital losses.
29, 2000: B.C.
Tech Market Strong, IPO's in 2000, Capital Pool Corps Update
week, Mike sums up some of the market action over the past year with
respect to B.C.'s corporate performance. He comments on the reasons
behind his enthusiasm and optimism regarding the future outlook for
B.C.'s technology sector.
15, 2000: Market
Commentary, Christmas Stock-ing Stuffers, Orphans Orphans, IPO
Watch, Capital Pool Corps Update
week, in Technology Futures, Mike Volker offers some Christmas Stock
Stocking stuffer suggestions as well as some general guidelines on
how to spot and avoid "orhpans". In his "IPO
Watch", he makes some interesting observations concerning
Canadian and American IPOs.
1, 2000: Market
Commentary, Nasdaq-Canada, BC Business Summit, IPO Watch, Capital
Pool Corps Update
week, Mike identifies the
public companies which rank among BC's top 100 revenue producing
firms in the tech sector. He also comments on the entry of Nasdaq
into Canada and how the CDNX and junior companies could benefit from
this. Mike also presents a simple idea to stimulate investment - a
common theme at the recent BC Business Summit.
17, 2000: Market
Commentary, CDNX vs VC Financings, How to Trade Junior Equities, IPO
Watch, Capital Pool Corps Update
week, Mike takes a look at some junior pubco financings on the CDNX
and compares these to private VC deals being done in Canada. He also
provides some tips on how to trade junior equities along with an IPO
3, 2000: Stock
Contributions, Stock Commentary, Warrants or Options?, IPO Watch,
Capital Pool Corps Update
week, Mike comments on how high tech entrepreneurial successes can
benefit society through the use of a very favorable tax incentive.
His stock commentary focuses on the impact of Nortel and the near
term market outlook. He also identifies some exciting upcoming IPOs.
20, 2000: Good
Tax News, High Tech ETIFs, Stock Commentary, IPO Watch, Capital Pool
week, Mike takes a look at the mini-budget and it's impact on
high tech entrepreneurs and investors. In addition to his tock
commentary, Mike also identifies a few ETIFs for tech investors as
well as mentioning some companies benefiting from the Fuel Cells
6, 2000: Futures
and Taxes, CCRA disqualifies OTCBB stocks, Stock Commentary, IPO
Watch, Capital Pool Corps Update
week, Mike has some good news for high tech execs on the tax
front - if you vote for Gordon Campbell. He also notes that Canada
Customs and Revenue Agency is disqualifying OTCBB stocks from RRSPs.
A number of reader-suggested stock picks are mentioned as are a few
8, 2000: American
- Canadian Deals, What's Up, IPO Watch, Capital Pools Update
Volker writes this
week on the relative value of Canadian R&D and
to US acquirers and provides an update on junior markets, recent
ipo's and capital pool corporation activity. Read his column today
on the front page of T-Net.
11, 2000: The
Past/Future Dichotomy, Abatis tops HotHaus, IPO Watch, CPC Done
Deals & Capital Pool Corps Update
week, Mike Volker ponders how technology stocks on one hand are
priced on the basis of future expectations (hence the name of this
column, "Technology Futures") yet on the other hand
markets determine pricing (especially in the short term) on the
basis of past performance.
28, 2000: When
to go Public, CDNX Tech Financing Stats, IPO Watch, & Capital
Pool Corps Update
week, Mike Volker discusses the disadvantages and advantages of
taking a company from private to public and notes that going
public early seems to work well for firms where future earnings are
more distant and where the risks and rewards are much greater.
14, 2000: Good
Buys, Listing Rules, T-Net20 Update, PMC Sierra's Sixth Deal, IPO
Watch - Chromos Molecular, Capital Pool Corps, Footnotes
week, Mike Volker speaks mainly on technology stocks: good choices
in terms of longterm appreciation, quick money makers and unknown
startups. Promotion is stressed as the key for a company's
success when listing on TSE, CDNX or NASDAQ.
30, 2000: Shady
Dealings, Weekend Reading, IPO Watch, Capital Pool Corps, Footnotes
week, Mike Volker discusses the countless scam style dealings
ranging from the RT Capital controversy over high closing practices
to slaps on many brokers' wrists in unrelated dealings at many of
our local brokerage firms.
16, 2000: Conflicts
of Interest, IPO Watch - Discovery Capital, Capital Pool Corps,
Events & High Tech Stats
week, Mike Volker discusses the problems many companies have
when trying to raise seed capital. Should they allow
brokers to buy in? Insider dealing is considered acceptable provided
that there be a balance between the two goals of facilitating
capital formation and protecting the investing public.
2, 2000: Aquisitions,
IPO Watch, Capital Pool Corps Demystified, Events & Footnotes
week, Mike Volker briefly announces some IPO's to watch for but
mainly focuses on Capital Pool Companies - What they are, how they
work, features of etc.
19, 2000: Stock
Options Explained, NewMIC is born, IPO Watch, Capital Pool Corp
Update, Events and Footnotes
Week, Mike Volker explains stock options in detail and drops a not
so subtle hint regarding a prominent BC technology company to watch
in the next few weeks.
5, 2000: ILOVEYOUtoo,
CDNX as Nasdaq North?, Keeping the CDNX clean, Capital Pool Corp
Update, Events & Footnotes
week, Mike Volker talks about the horrible I Love You Virus as well
as how the CDNX is considered Nasdaq North.
20, 2000: Market
Commentary, New Escrow Rules, Buying Opportunities, Capital Pool
Corp Update, Events & Footnotes
Mike Volker shares his optimistic comments regarding the recent
market turmoil and suggests that stocks are up, not down! Mike
discusses the new regulations regarding escrow rules and provides
some insight into potential investment opportunities and updates to
events, tips on tax filing and CPC. Read his column on the front
page of T-Net today.
7, 2000: Market
Commentary, Small Caps, Company News, Capital Pool Corp Update,
Mike Volker discusses this week's turmoil in the technology markets
and suggests that junior technology stocks are a good investment.
Mike comments on BC technology news regarding Creo Products,
Absolute Software and NetNation Communications and updates to CPC's
24, 2000: Market
Commentary, Investor Protection, Capital Pool Update
Mike Volker this week comments on recent turmoil in the technology
markets and outlines some potential opportunities in e-learning, the
internet, LEAPS and VCP's. Read his column on the front page of
10, 2000: Trading
Frenzy, Best Way to Spend a Million, Budget Positives, New ways to
Play the Markets, Hot Penny Stocks, Capital Pool Corps
This week Mike Volker suggests that everything high tech is 'hot'
and this enthusiasm is reflected in the difficulty experienced when
attempting to web trade or place stock orders. Mike provides
suggestions on how to spend a million and benefit financially.
Comments on recently released budget, new ideas on how to play the
Internet, Stock tips and updates to CPC and VCP.
25, 2000: CDNX
is Hot, Sudden Wealth Syndrome, How to play the Internet, Capital
Pool Corps Update
This week Mike Volker discusses the growth of the CDNX index as it
climbs to over 3600 from 2000 since its launch on November 29th,
1999. Mike highlights a local hot technology company, Absolute
Software Corporation, as a probable IPO on the CDNX and comments on
Sudden Wealth Syndrome, Internet incubators and Updates to CPC.
11, 2000: BC.
Tech Stocks Performance, Public Company Listing, Rx for the Options
Headache, Capital Pool Corps
This week Mike Volker provides some insight on why publicly traded
technology companies are performing so well, as the T-Net 20 High
Tech Stock Index soars past the 6500 mark and as investor interest
increases especially for companies involved in Biotech, Internet and
Wireless technology. Mike provides updates to VCP and CPC, comments
on Stock Option concerns and a list of over 100 publicly traded BC
based technology companies.
31, 1999: Taking
Stock of High Tech in B.C., Investments and VCP Updates
Mike Volker reflects on past year accomplishments of the high
technology companies in BC and identifies how this success can be
maintained for the future. Mike provides updates to investments on
the T-Net20, starter portfolio and VCP.
17, 1999: Stock
Option Headaches, Last Minute Christmas Options, Junior Portfolio
Update, T-Net20 Valuations, and VCP Updates
This week Mike Volker discusses the trials and tribulations that
stock options can bring a high tech employee as well as the
potential negative impact that it can have on the company's share
price. Mike provides some insight into the T-Net20 valuations as the
index exceeds the 3000 mark this month and updates to VCP, Junior
Portfolio and a few suggestions for the last minute Xmas shopper.
3, 1999: CDNX
Opens, T-Net20 and VCP Updates
This week Mike Volker discusses the opening of the CDNX and provides
updates to the T-Net20 and VCP. Read his column on the front page of
19, 1999: Justifying
High Valuations, Next New Thing, New Stock Markets and VCP Updates
This week Mike Volker provides some insight on why Internet
companies are over-valued. Mike suggests that ASP maybe the future
innovation for Internet and provides updates on the launch of new
Stock Markets and VCP.
5, 1999: Junior
Financings, An Investment Incentive Idea, A Case Study, T-Net20 and
Venture Capital Pool (VCP) Updates
This week Mike Volker discusses the near arrival of the Canadian
Venture Exchange (CDNX) as a potential benefit to junior BC high
tech companies and investors and provides insightful advice for both
parties regarding trading and investing in this junior market. Read
his column on the front page of T-Net today.
22, 1999: People
make the difference (but how do you check them out?), Updates
Mike Volker reiterates his belief that good management is the key to
building a successful company and provides suggestions on potential
people-related research tools. Read his column on the front page of
8, 1999: Picking
Some Winners, Quebec vs CDNX, T-Net20 Update, New Capital Pool Corps
This week Mike Volker selects BC stock winners, Creo Products,
Forbes Medi-Tech and MDSI Mobile Data Solutions and suggests that
their success is due to their effective management abilities. Mike
questions Quebec's reluctance to join the CDNX and hopes this will
not affect its formation and provides updates to the T-Net20 as Creo
and Pivotal are placed in the top 5 this month.
24, 1999: Pink
Sheets, Updates on New Media, Portfolio and VCPs
This week Mike Volker provides some history behind the evolution of
the 'Pink Sheets' as companies trading on the OTC-BB exchange become
'reporting issuers'. Updates to BC based public companies in New
Media, portfolio and VCP. Read his column on the front page of T-Net
10, 1999: Canadian
Venture Exchange, Spotlight on NewMedia, Portfolio and VCP Updates
Mike Volker discusses the possible confusion that may arise due to
the naming of the Canadian Venture Exchange (CDNX) and welcomes the
arrival as a potential benefit to the technology sector. Also, Mike
defines New Media and highlights BC companies like Radical
Entertainment and Electronic Arts as leaders of a 'hot' new growth
area in technology.
27, 1999: Beware
of OTC Stocks, IPO Performance, Portfolio and VCP Updates
Mike Volker suggests that investors should exercise caution when
considering investing in companies trading on the OTC-BB and
highlights Starnet Communications as an example of one such company
that trades on an 'exchange' that lacks regulation and standards.
Read his column on the front page of T-Net today.
13, 1999: Mike's
on Vacation....but here's a quick update...
This week Mike Volker discusses the successful entrance of Pivotal
Corporation and Creo Products to the public market. Mike provides a
brief update on his original 'investment' using the "
Starter" BC technology portfolio as well as updates to the
Venture Capital Pools chart.
30, 1999: CREO's
Hot IPO and other deals, Technology Portfolio Update, VCP Update
This week, Mike Volker discusses Creo Products first successful day
of trading (July 29). Mike provides some useful insight for
investors on opportunities to look out for in BC Technology
companies and uses the recently launched Technology Portfolio as a
guide. Lastly, Mike introduces four new BC companies to the VCP,
including, Empress Capital, ExFund (A)Capital, First Step Ventures
16, 1999: A
Technology Portfolio to get you started, Pivotalâs IPO, VCP Update
Mike Volker discusses the T-Net 20 as an effective index for
structuring an investment portfolio. He addresses the question of
how to invest modestly in the BC Technology industry and launches a
new portfolio of BC technology stocks to track. Mike also provides
further information on Pivotal Corporations upcoming IPO and updates
to the Venture Capital Pools chart.
2, 1999: T-Net
list updated, New listings, VC Info, and VCP Update
Mike Volker this week outlines progress in the T-Net 20 High Tech
Stock Index. Inflazyme Pharmecuticals, Epic Data International and
ID Biomedical have been replaced in the index by three new entrants
with higher market capitalization; Sierra Wireless, Sideware Systems
and Burnt Sand Solutions. Mike also provides profiles of 5 BC
technology companies who have recently gone public, including;
Biomax Technologies, International Bio Recovery, Imagis Technologies
and SoftCare EC.COM. Read his column on the front page of T-Net
18, 1999: T-Net20
Breaks 2000, Company AGMs, Private Placements, VCP Update.
Mike Volker this week discusses the role of private placements for
BC technology companies and suggests that Annual General Meetings
are a great place to learn more about potential technology
investment opportunities. He also outlines progress in the T-Net 20
High Tech Stock Index as it soars past 2000 for the first time (a
100% gain in 18 months. Read his column on the front page of T-Net
25, 1999: CREO's
IPO is a Go, More IPO's and a VCP Update
Mike Volker outlines the case for upside when one of BC's largest
and fastest growing technology companies, CREO Products, hits the
market for a potential blockbuster IPO later this summer. He argues
that underwriters have driven a hard bargain on CREO's valuation,
leaving room for upside potential for early investors. He also
comments on recent and pending IPO's for Sierra Wireless,
Multiactive Software, Pivotal Software and medEra Life Sciences
7, 1999: A
Closer Look at Some Locals;VCP Commentary and Update
Mike Volker this week points out two local public technology
companies (Rainmaker Entertainment and Marine BioProducts) that he
believes have the potential to build successful businesses and long
term shareholder value for investors. He also points to two hot
local technology companies (CREO Products and Sierra Wireless) now
appearing on the radar screen for near term potential IPO's.
April 9, 1999: New
Exchange good for Tech Stocks; Internet Stocks seen as "area
plays"; VCP Update
Mike Volker looks at the coming VSE/ASE merger and explains why he
thinks it is a good thing and what he hopes it will look like. He
also suggests that we may be in the midst of an Internet "area
play," and suggests that local companies such as Sideware
Systems, Electric Mail and Infowave Software, may be worth looking
March 26, 1999: VCP
Companies Offer Excellent "Ground Floor" Opportunities
Mike Volker looks at BC Venture Capital Pool companies (VCP's). He
explains what they are, how they work and why they should be
considered by investors.
March 13, 1999: Informed
Investing by Networking
Mike Volker looks at networking as a tool for making informed
investment decisions and suggests that events, such as the recent
ASI Exchange, are ideal places to conduct this form of networking.
February 27, 1999: Betting
Mike Volker looks at the biotechnology industry in BC and the
companies which make up that industry - companies like QLT
Phototherapeutics, Forbes Medi-Tech, Angiotech Pharmaceuticals and
February 13, 1999: Stocks
are like the weather..if you don't like it, wait a few minutes.
Mike Volker takes a look at a few companies whose shares have been
hit with bad news reports - companies like Sierra Systems Group and
Epic Data. He also introduces some perhaps less well known local BC
technology companies which may be worth looking out for.
January 15, 1999: Getting
in early may have its rewards
Mike Volker takes a look at a few BC technology companies where it
may still be possible to get in early and make a good investment.
Among his picks are Infowave Software, Axion Communications, SCS
Solars Computing and ID Internet Direct.
January 15, 1999: What's
Hot and How to Spot.
January 1, 1999: Tech
companies will shine in '99.
Mike Volker gives us an overview of his wishes and predictions for
the BC high tech sector in 1999. Among the local companies featured
in this week's article are Creo, Burnt Sands and Sierra Systems
December 12, 1998: Junior
Exchanges can lead small companies to big results..
Mike Volker profiles two successful companies - Burnt Sand Solutions
Inc., and Silent Witness Enterprises Ltd., - which started out by
listing on junior Canadian exchanges and have now graduated to the
more senior Toronto Stock Exchange.
November 27, 1998: Betting
on the latest "I.C." Technology
Mike Volker discusses the ins and outs of investing in high flying
Internet companies and suggests some good investment candidates here
November 14, 1998: Tech
Mike Volker discusses the criteria he uses to invest in BC
technology companies and profiles current investment opportunities
in Spectrum Signal Processing and dba Telecom Corp.
October 27, 1998: High
Tech - The Latest "Resource Play" on Howe Street and Bay
Mike focusses on exposing potential investment opportunities in
emerging publicly-listed technology companies or "little