written by reader IVAC from Curzio’s Spam for his Ventures newsletter.

By gdoggcrunch, March 24, 2018

”THIS TINY $6 COMPANY IS GOING TO REPLACE EVERY “SMART DEVICE” ON THE PLANET”… It is IVAC

Curzio claims:
“By this time next year, every single smartphone, tablet, smartwatch and auto display system you own will be obsolete. The year after that, nearly 40% of the world’s population will be using this replacement instead. Early investors stand to make 10x their money or more… with almost ZERO RISK.”

Curzio’s take is a super durable glass will be used on everything. Intevac (IVAC) has a component of their business that produces a protective film for glass. There is a video on their website that is pretty compelling.

In this presentation below IVAC mentions the 20x Scratch Resistance and the 20% Breakage Resistance that Curzio quotes in his newsletter.

http://investor.intevac.com/static-files/42f13d90-5f96-43d4-b629-026e9ea276a7

IVAC believes they have a $500 million Revenue Opportunity assuming 25% adoption on various devices.

Obviously with <$150 in Market Cap, a $500 million revenue opportunity could double or triple the share price. It trades at less than 2x Book value and EV/Ebitda of 12. Obviously there has got to be competitors, and I’ll be checking into those. Curzio may be right on the risk reward. It does trade only 120K shares a day, so if he gets any traction on his spam this thing could pop. Cheers!

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