#108: Micron Solutions (MICR); David Flood

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Summary

https://www.otcmarkets.com/stock/MICR/overview

 

Micron (MICR) is a medical device company founded in 1978. 

 

MICR has a heavy debt load and negative working capital. It is sat at an all-time low and has recently announced it is going to de-list. Upon the announcement, the share price got cut in half. >10% owner has been buying more.

 

http://www.openinsider.com/search?q=micr

 

Insiders own 26% of the common.

 

About David Flood

David runs the blog, Elementary Value, and is a private value investor based in the UK. His investing approach is grounded in the fundamental precepts of value investing based upon Ben Graham’s core concepts of ‘Intrinsic Value’ and ‘Margin of Safety’. His investment strategy involves looking at both ‘Deep Value and ‘Franchise Value’ situations and using the value investing framework to analyze the financial and corporate facets of a given prospective investment.

 

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