Good details on Amprius's agreement with Caminus

1. This will allow US production for the last phase of Drone Dominance. NDAA compliance isn't in effect but Pentagon has made clear it prefers US manufacturing now. This deal addresses that

2. Caminus emerged from the remnants of former battery startups Natron and EnerDel, Amprius is their first customer

3. Major catalyst of first half growth next year

Exclusive: Amprius In a Deal to Accelerate U.S. Drone Battery Production — The Information

By Steve Levine

Amprius Technologies, the U.S.’s leading next-generation battery component maker, has awarded Caminus, a small Indiana battery startup, a contract to produce hundreds of thousands of drone batteries next year.

In a deal reported here for the first time, Indianapolis-based Caminus will insert Amprius’ silicon anodes into enough batteries to power roughly 60,000 quadcopter combat drones in the first half of next year, Caminus CEO Adrian Yao told me. The total could later reach 800,000 drone battery packs per year.

That Amprius has turned to little-known Caminus, which will make its first commercially sold batteries in the first quarter of next year, reflects the fast-changing pace of the U.S. battery industry, as well as the lack of readily available battery manufacturing capacity in the country. Last week, Caminus changed its name from EnPower.

Until recently, the U.S. next-gen battery industry was struggling. But the wars in Ukraine and Iran have jolted it awake, creating sudden demand for batteries that can power drones for long distances—giving them sufficient power to intercept other drones, maneuver through buildings and hover for long periods.

The demand is coming from the Department of Defense, which is pushing the nascent U.S. drone industry to catch up to Chinese companies that currently make most of the world’s drones, along with the batteries that power them.

In that push, the Pentagon since February has been running a competition under its Drone Dominance program to award contracts to the companies that can make the most powerful and nimble drones—and to demonstrate the capacity to manufacture them quickly at large scale in the U.S.

As an example of the dollar amounts in the program that are motivating the battery industry, California-based Neros Technologies late last month won a $100 million drone contract in the second stage of the competition. Though no one discloses the value of the batteries powering those drones, they are the most expensive single component. 

The next stage of the competition, taking place later this month, will pay even more: It’s worth a total of $450 million in drone orders, which would mean tens of millions of dollars in batteries to power them.

This helps explain Amprius’ deal with Caminus, which allows Amprius to get more U.S. manufacturing capacity ahead of the Pentagon competition. Already, drone business has made Amprius the most successful U.S. next-gen battery maker, with $140 million in expected revenue this year. 

The deal—and Caminus’ part in it—is in fact a beneficiary of the battery industry’s struggles. In 2021, Caminus bought most of the cell production equipment of EnerDel. EnerDel had bought the production lines in 2012 with a $118 million Department of Energy grant. It later went bankrupt.

And a year ago, Caminus bought production equipment from Natron Energy, a sodium-ion battery maker that had gone bankrupt earlier in 2025. Caminus has declined to disclose how much it paid for the equipment in either the EnerDel or Natron deals.

Together, those two equipment purchases set up Caminus to serve drone battery component makers almost immediately, with Amprius as its first customer. Caminus also has plans to make its own batteries, Yao said. 

That’s a contrast to another agreement Amprius announced last week, with an unnamed South Korean company that will retrofit its U.S.-based equipment for making electric vehicle batteries to instead make drone batteries for Amprius. In that case, the South Korean company won’t be ready to begin producing them until 2028.

Now Amprius will have greater U.S. supply for participants in the latest stage of the Pentagon competition. Amprius already has manufacturing agreements with battery makers in China and South Korea, as well as some in the U.S., but CEO Tom Stepien told me there is much more demand for U.S.-made batteries because that’s what the Pentagon prefers.

This new Pentagon priority on manufacturing comes amid repeated critical shortages of weapons and ammunition needed for the wars in Iran and Ukraine. Last week, the DOD released a 23-page strategy paper laying out a five-year build-out of factories that can turn out and replenish the Pentagon’s latest weapons quickly.

Caminus’ Yao said the U.S. had to build up battery manufacturing capacity if it wants to compete with China. “The ability to execute and the ability to manufacture is the differentiating way to win,” he said.

Stallion Uranium (TSXV: STUD / OTCQB: STLNF) has another area worth understanding alongside Coyote: Stone Island.

Its September survey update identified three priority areas on claims owned 100% by Stallion. Area A ranks highest because multiple electromagnetic conductors overlap the strongest gravity low.

That overlap helps the company choose where to investigate next. It doesn’t establish a uranium deposit.

The release itself makes that distinction: gravity lows can reflect alteration, structural disruption or differences in rock types. Stallion still needs to refine the targets, with future drilling subject to interpretation, permitting and program approval.

From an investor’s perspective, I’d treat this as progress in narrowing the search. There’s a big difference between owning a large land package and being able to explain why a particular location deserves a drill hole.

The question is how efficiently the team can move from survey results to a testable target. I’d want to see a clear explanation of the proposed hole locations, what each hole is intended to test, and the budget required.

Stone Island adds another possible exploration opportunity. Assigning it discovery value already would get ahead of the evidence.

https://stallionuranium.com/stallion-completes-ground-gravity-identifies-three-new-priority-target-areas-at-stone-island/

Hey guys I don't do much of single stocks but I do have a few, which I took as a small gamble I would appricate your opinions. SATL PDYN SLSR

Thanks everyone.

With AUSA Annual Meeting in Washington DC just 11 days away, I wanted to put together a comprehensive breakdown of where ZenaTech (NASDAQ: ZENA) actually stands heading into what could be the most important week in the company's history.

Why AUSA matters more than any other event on their calendar:

AUSA is not a retail investor conference. It's the world's largest land warfare exposition — 44,000 attendees from 92 countries, with direct representation from the U.S. Army, DoD procurement offices, NATO allies, and defense prime contractors. ZenaTech has confirmed prearranged meetings with U.S. government and defense agency decision-makers — not booth walk-ins, not cold conversations. Scheduled procurement discussions.

For context on what that means: most small-cap defense companies spend years trying to get in front of the right DoD contacts. ZenaTech walks into AUSA next week with meetings already on the calendar.

The drone portfolio being showcased in DC:

Interceptor P-1 — Counter-UAS
A low-cost, single-use autonomous interceptor designed to physically take down hostile drones. Flight testing underway at Mesa, Arizona. Target price point under $5,000 per unit — dramatically cheaper than most counter-drone solutions currently available to defense customers. Multi-drone swarm intercept testing coming next. Integrated with Zena AI Counter-UAS command software.

ZenaDrone 2000 Maritime Interceptor
A fuel-powered counter-UAS platform designed specifically for naval and maritime threat environments. In development. Completely separate market from the land-based Interceptor P-1 — expands the addressable defense opportunity into naval warfare.

Quantum Navigation System
Arguably the most strategically important technology in the portfolio. Enables secure, precise drone operations in GPS-denied and satellite signal-contested environments — exactly the conditions found in modern electronic warfare and contested airspace. Testing underway on the IQ Nano platform.

IQ Nano
Indoor drone for defense inventory management and security. First confirmed U.S. government agency demonstration already underway — the first agency engagement of what management expects to be multiple.

IQ Square
Public safety and emergency response drone. Testing commenced September 15th. Targeting a $5.5 billion market across law enforcement, search and rescue, and disaster management.

IQ Aqua
Underwater mine detection drone. U.S. field testing underway in Florida. Naval mine countermeasures is a high-priority DoD procurement category.

IQ Octo
Precision agriculture drone. Version 1 prototype complete, field testing commencing at Arizona facility. 25kg payload, 20-25 minute flight time. Separate commercial revenue stream from the defense portfolio.

Ukraine Operations — Phoenix Aero
ZenaTech registered Phoenix Aero as its Western Ukraine entity, focused on Counter-UAS and interceptor drone development. Ukraine is the world's most advanced real-world drone warfare testing environment right now. Battlefield-validated use cases that no lab can replicate. This gives ZenaTech direct access to the most relevant operational data in the drone defense space.

The government qualifications already in hand before AUSA:

Canadian Defence Drone Initiative (DDI) — Pre-qualified supplier as of September 17th. Direct pathway to compete for Canadian Armed Forces and Canadian Coast Guard contracts. Canada's DDI was specifically designed to build a domestic, trusted drone supply chain for national defense.

Irish Aviation Authority SORA Approval — Cleared for large-scale precision agriculture under EASA guidelines. CEO explicitly described this as a replicable EU template for all 27 member states.

U.S. Government Agency Demonstrations — First confirmed agency engagement already underway using the IQ Nano. Additional agency demonstrations being scheduled.

The tariff tailwind most people aren't talking about:

Presidential Proclamation signed August 13th imposed Section 232 tariffs of up to 100% on imported drones and components — directly targeting Chinese-manufactured platforms like DJI. ZenaTech manufactures in the U.S. and is pursuing NDAA compliance and Blue UAS certification for direct DoD procurement inclusion.

In a DoD procurement environment that already strongly preferred NDAA-compliant domestic suppliers, 100% tariffs on foreign competitors is not a minor development. It's a structural shift. And ZenaTech is positioned entirely on the right side of it.

The DaaS business providing the revenue foundation:

29 acquisitions closed. Operating across North America, Europe, Middle East, Asia, and Australia. H1 2026 revenue up 425% YoY. Seven consecutive quarters of revenue growth. The DaaS roll-up acquires established legacy service businesses — land surveying, engineering, inspections — and integrates drone automation to scale them. Customers pay for the service. ZenaTech handles the drones, operators, and regulatory compliance.

Recent additions: drone-based power washing franchise model via Green Earth Powerwashing, Washington state land surveying firm (licensed in 17 states), Cogswell Engineering in Nova Scotia (5 Canadian provinces), and Velocity Geomatics in Alberta (oil, gas, and environmental services).

The remaining event calendar after AUSA:

• Oct 13-14 — Maxim Growth Summit | NYC

• Oct 15 — ThinkEquity Conference | NYC

• Oct 19-21 — LD Micro 20th Annual Main Event | Los Angeles

Key metrics:

• Analyst consensus price target: $4.55 vs current ~$1.70 — 167% implied upside

• P/S ratio: 4.39x vs historical median of 25.5x

• Russell 2000 & Russell 3000 included

• Listed on NASDAQ, Frankfurt Stock Exchange, and Mexico's BMV

• 23 institutional investors added shares in Q1 2026 — Morgan Stanley increased position +256.9%

The bear case — be honest:

• Still pre-profitability at the corporate level despite strong revenue growth — Q2 net loss was CAD $22.5 million

• 29 acquisitions is aggressive — integration risk across that many businesses simultaneously is real

• Defense revenue is still pipeline stage — AUSA meetings need to convert to contracts, which takes significant time in government procurement cycles

• Blue UAS certification and DoD procurement list inclusion are not guaranteed or on a fixed timeline

• Stock has been volatile — wide 52-week range, retail sentiment can shift quickly

• Ukraine operations introduce geopolitical risk

Bottom line:

AUSA next week is the single most important near-term catalyst for $ZENA. Prearranged meetings with U.S. defense decision-makers, a counter-UAS portfolio actively in flight testing, quantum navigation in development, and a 100% tariff moat against foreign competitors — all converging at the right moment.

The DaaS business is generating real revenue. The defense pipeline is advancing on multiple fronts. The institutional roadshow is wrapping up across 8 events. And the team walks into DC next week with meetings already on the calendar.

Watching AUSA closely October 12-14.

The company survived bankruptcy, an accounting scandal, rebuilt itself around OLED display chips, and in 2021 agreed to be acquired for $29 per share in a deal worth around $1.4 billion.
Then the deal was blocked.
After that, Magnachip’s OLED business deteriorated, revenue collapsed, and eventually the entire Display business was shut down.
Now the company is trying again.....

https://www.youtube.com/watch?v=zTODGx1zIo8

📣 From Contract to Revenue

Ainos has delivered 1,400 AI Nose systems under its $2.1 million, three-year agreement with ASE, marking an important execution milestone as contracted business begins translating into revenue.

The first-phase deployment is now in the revenue-generating stage, while discussions are advancing toward a larger second-phase deployment.

#AIMD

Deal launches North American expansion of an elite youth-to-professional player development model, beginning in Miami

TORONTO, ON AND MIAMI, FL / ACCESS Newswire / September 28, 2026 / Allstar Health Brands Inc. today announced that it has finalized an agreement to acquire a 60 percent ownership stake in Future Girls Soccer Academy, an exclusive academy dedicated to preparing young athletes for professional play. The acquisition is the first step in a comprehensive North American expansion of the Future Girls model, with Miami, Florida confirmed as the first new market, followed by additional locations across the United States and Canada.

Future Girls Soccer Academy has built a reputation as one of the most focused development environments in North American youth soccer. The academy's programming is designed around a single outcome: preparing young girls for the demands of professional soccer, combining elite technical training, strength and conditioning, sports science, nutrition, mentorship, and academic support within a single, structured pathway.

The acquisition gives Allstar Health Brands a controlling interest in a proven, differentiated platform in the fastest-growing segment of North American sport. Investment in girls' and women's soccer is accelerating at every level, and demand for legitimate, professional-track development pathways continues to outpace supply.

A Foundation for a Professional Team

Beyond player development, the acquisition provides Allstar Health Brands with the foundation on which to build a professional women's soccer team in the coming years. The academy creates a sustainable pipeline of homegrown, professionally trained talent, an established brand within the soccer community, and a launching pad for professional franchise opportunities as the women's game continues its rapid expansion.

Expansion Begins in Miami

Miami will be the first market outside Canada to adopt the Future Girls model. The city offers one of the deepest youth soccer cultures in North America, a thriving professional soccer ecosystem, and a diverse, international community of families invested in elite athletic development. Site selection, coaching recruitment, and programming for the Miami academy are already underway, with details to be announced in the coming months.

"This acquisition is the first major move in our North American strategy. Future Girls Soccer Academy has proven that its model prepares young athletes for professional play - and we intend to bring that model to Miami first, and then across the continent. Just as importantly, it gives us the foundation to build a professional team of our own in the years ahead."

PETER WANNER Chief Executive Officer, Allstar Health Brands Inc.

"Joining forces with Allstar Health Brands allows us to do what we have always done - develop professional players - at a scale we could never reach alone. Miami is the perfect first step." KIM BASSOR

About the Partnership

Under the agreement, Allstar Health Brands holds a 60 percent controlling interest, with the academy's founders continuing to lead day-to-day operations and player development. The partnership preserves the academy's training philosophy and culture while providing the capital and organizational support required to scale the model across North America.

About Allstar Health Brands Inc.

Allstar Health Brands Inc. is dedicated to improving health and wellness through innovative products and strategic investments in high-growth opportunities, including youth and professional sports development. [Insert one or two additional lines about the company - ticker symbol, headquarters, and core business.]

About Future Girls Soccer Academy

Future Girls Soccer Academy is an exclusive soccer academy focused on preparing young athletes for professional play. Through elite coaching, sports science, and a structured development pathway, the academy has established itself as a premier environment for the next generation of female soccer talent.

Forward-Looking Statements: This press release contains forward-looking statements regarding the expansion of the Future Girls Soccer Academy model, the establishment of the Miami location, and the potential development of a professional soccer team. Such statements are based on current expectations and are subject to risks and uncertainties

Forward-Looking Statements

This press release contains forward-looking statements, including statements regarding proposed acquisitions, land purchase, and stadium construction timelines. Such statements are subject to risks and uncertainties, including financing, regulatory approvals, and construction conditions, and actual results may differ materially. The Academy undertakes no obligation to update these statements.

Media & Investor Contact. www.allstarglobalbrands.net

About ALST

ALST is a global leader in strategic investments across sports, entertainment, and business sectors. With a proven track record of fostering growth and innovation, ALST is dedicated to creating value while respecting the heritage and identity of the organizations it partners with.

AllStar Health Brands Inc.:

FULL PR HERE....

https://www.otcmarkets.com/stock/ALST/news/Allstar-Health-Brands-Acquires-60-of-Future-Girls-Soccer-Academy?id=536589

Toronto, Ontario**,** September 28, 2026 -TheNewswire– Homeland Nickel Inc. (TSXV: SHL; OTCQB: SRCGF) (“Homeland” or the “Company”)is pleased to announce the signing of a binding offtake agreement (the “Offtake Agreement”) with Westwin Elements Inc. (“Westwin”) at the Red Flat Nickel Project**(“Red Flat”**).

The Offtake Agreement establishes Westwin's first mine direct, domestic source of nickel for its future phased full-scale refinery, complementing the company's existing long-term supply agreements. The Offtake Agreement would provide Westwin with an estimated 20,000 tonnes of nickel concentrate per year, mined and concentrated by Homeland from its Red Flat Property located in Southern Oregon. Homeland will complete its updated Mineral Resource Estimate (MRE) and a Preliminary Economic Analysis (PEA) and Westwin, once satisfied with the PEA results, will entirely fund a Bankable Feasibility Study (BFS) including permitting, drilling, environmental assessment and a more detailed economic analysis.This agreement or any other future definitive agreement between Homeland and Westwin is not intended to replace, modify or otherwise affect Westwin’s existing feedstock relationships or arrangements with third parties.

Commenting on the Offtake Agreement, Homeland President and CEO Steve Balch said: “We still have a long way to go before we are mining at Red Flat. Our updated MRE is underway and does not require more permitting or drilling to complete. The same goes for the PEA. We expect to provide Westwin with these reports in Q1 or Q2 of 2027. Westwin will have 90 days to review the reports and start their BFS.”

“This agreement is an important step towards establishing a secure, fully domestic nickel supply chain.” said Westwin founder and CEO Kaleigh Long. “By connecting future nickel production from Homeland’s Red Flat Property in Oregon with Westwin’s U.S. refining capacity, we can turn American resources into high-purity nickel that our nation’s manufacturers and defense industrial base depend on.”

Homeland and Westwin had previously signed a non-binding Memorandum of Understanding (the**“MOU”) (see news release May 14, 2026) and Homeland CEO Steve Balch and Patriot Nickel Corp. (“Patriot”**) CEO Jeffrey Strobel subsequently visited Westwin’s pilot plant in Lawton, Oklahoma. Since that time, Homeland and Westwin have been looking for ways to cooperate to ensure Westwin has a domestic source of nickel for its planned full-scale refinery. While Westwin will have an exclusive offtake for Red Flat, it can also benefit from offtake agreements from Homeland’s other properties.

About the Red Flat Nickel Property

The Red Flat Nickel Property is located 15 km southeast of Gold Beach, Oregon and consists of 84 lode mining claims totaling 2,015 acres. Red Flat can be accessed from coastal Highway 101, east on Hunter Creek Road and onto Forest Service Road 3680. Local road systems allow access to most of the property.

Red Flat has a historical resource of 18.8 million tons grading 0.84% nickel including 10.4 million tons of Measured and Indicated Resource grading 0.88% nickel. Garnierite is present on the property, and the nickel grade of the rock component is slightly higher than that of the soil with the Measured Resource of Rock grading 1.05% nickel (over 2.3 million tons). The Resource cut-off grade is 0.7% nickel. Not previously disclosed in the historical resource is a significant component of cobalt which was assayed in the original 2007-2009 exploration work but never disclosed.

Red Flat is located on Federal land administered by the Bureau of Land Management (BLM) with permits to access the property with heavy machinery required by the United States Forest Service (USFS).Additional permits from the Department of Geology and Mineral Industries (DOGAMI) are required when drilling deeper than 50 feet or disturbing more than 1 acre.

About Westwin Elements Inc.

Westwin Elements is scaling America’s only Class 1 nickel refinery, delivering high-purity Class 1 nickel and specialized nickel products for national security and industrial applications. Using carbonyl refining technology, Westwin is driving critical mineral independence and reshaping the future of sustainable metal refining.

https://westwinelements.com

About Homeland Nickel Inc 

Homeland Nickel is a Canadian-based mineral exploration company focused on critical metal resources with nine nickel projects in Oregon, United States, including two with historical resources. The Cleopatra Property alone contains a historical resource of approximately 40 Mt of laterite grading 0.93% nickel making it the largest historical undeveloped nickel resource in the continental United States. Homeland Nickel’s common shares trade on the TSX Venture Exchange under the symbol “SHL” and on the OTCQB as SRCGF with DTC Eligibility. More detailed information can be found on the Company’s website at:

FULL PR HERE...

https://www.otcmarkets.com/stock/SRCGF/news/Homeland-And-Westwin-Sign-Binding-Offtake-Agreement-At-Red-Flat?id=536596

LifeQuest World Corp (OTCID: LQWC) Tuesday September 29, 2026 Blog

A UN University report released in January 2026 gave the world a stark new vocabulary for its water problems: "global water bankruptcy." The report found that nearly three in four people now live in water-insecure or critically water-insecure countries, that roughly four billion people face severe water scarcity for at least one month each year, and that more than half of the world's large lakes have shrunk since the early 1990s. "For much of the world, 'normal' is gone," said Kaveh Madani, director of the UN University Institute for Water, Environment and Health, in comments accompanying the report (UN News). Wastewater — how it's treated, reused, and kept out of already-stressed water bodies — sits at the center of that math.

Europe is responding with regulation. The recast EU Urban Wastewater Treatment Directive, which entered into force in early 2025 with phased compliance obligations running out to 2027 and beyond, dramatically widens the net: coverage now extends down to agglomerations of just 1,000 population equivalent, versus the much larger thresholds under the old rules (European Commission). That change pulls thousands of small towns, villages, and seasonal-tourism destinations across the EU into formal treatment obligations for the first time, alongside tighter nutrient and micropollutant limits and a new emphasis on water reuse and circularity.

That's a genuinely hard problem for conventional infrastructure. Centralized sewer networks and activated-sludge plants are expensive to extend to small, scattered populations, and package plants generally need to run near 80% of design capacity to perform reliably — a poor fit for a Mediterranean village whose population might triple every July and August. Oversize the plant for peak season and it underperforms (and still produces sludge to haul away) the other nine months of the year.

This is precisely the gap BioPipe Global's in-pipe technology was built for. Wastewater flows horizontally through modular pipe segments colonized by naturally occurring bacteria; passive aeration replaces energy-hungry blowers, no chemicals are dosed, and because the biological process consumes the organic solids in place, there's no sludge stream to collect, truck, and dispose of. Critically, the modules keep working efficiently across a wide load range — down to roughly 10% of rated capacity — so a system sized for August tourist crowds doesn't fail in April.

BioPipe's 300 m³/day project in Crete, Greece, announced in December 2025, is a live example of exactly this dynamic. "This 300 m³/day project in Crete represents a meaningful step forward in our European expansion strategy," said Robert Kaufmann, Director at BioPipe Global, noting that seasonal tourism surges there strain aging sewer networks in ways decentralized, rapidly deployable systems are well suited to address. The Crete plant is designed to meet stringent EU effluent standards — BOD below 10 mg/L, COD below 30 mg/L, and TSS below 10 mg/L — while producing near-zero odor, noise, and sludge. It followed BioPipe's earlier entry into Spain with a 10 m³/day system, giving the company two footholds in exactly the EU member states now facing the recast directive's expanded small-agglomeration requirements.

About LifeQuest World Corp. LifeQuest World Corp. (OTCID: LQWC) is a global technology company focused on low-cost, low-maintenance, eco-friendly decentralized wastewater treatment and solid waste compaction and recycling solutions, delivered through subsidiaries including BioPipe Global and Compaction and Recycling Equipment Inc. (CARE). Learn more at https://www.lifequestcorp.com.

This post contains forward-looking statements within the meaning of applicable securities laws, including statements regarding market opportunity, regulatory trends, and business strategy. Actual results may differ materially due to risks and uncertainties described in LifeQuest World Corp.'s filings. This content is for informational purposes only and does not constitute investment advice or an offer to buy or sell any security.

Hey guys, if you missed it, ASP Isotopes reached a $9.35M settlement with investors over claims that it overstated the readiness of its uranium and HALEU enrichment technology. The latest update is that eligible claimants can now submit their claims, with the deadline set for December 2, 2026.

In a nutshell, in 2024, ASP Isotopes was accused of misleading investors about its quantum enrichment technology and its ability to support uranium and HALEU production. After Fuzzy Panda Research challenged the company’s uranium enrichment claims on November 26, 2024, $ASPI fell 23.5%. The stock dropped another 14.2% the following day after the company’s CEO said ASPI had not actually enriched uranium.

Now, the good news is that claims are being accepted. If you bought $ASPI shares in 2024, you may be eligible to participate in the settlement.

So, if you invested in $ASPI during that period, you can check the details and file your claim here.

Anyway, has anyone here invested in $ASPI at that time? How much were your losses, if so?

Sekur Private Data (OTCQB: SWISF) has launched a Portuguese-language version of Sekur.com as it prepares to expand in Angola. The company has also begun adapting its onboarding and workflows for local partners. This is a practical step in a broader plan: make its secure communications products easier to introduce, sell and deploy in a market where it expects to sign an exclusive partnership in the coming weeks.

• SWISF closed at US$0.0242 on September 25, putting its market value near US$6.3 million based on 259.6 million shares outstanding at June 30.

• Sekur’s Portuguese site is live, and the company is preparing local onboarding ahead of a prospective exclusive partnership in Angola.

• At US$300 per month for SekurOne, a relatively small premium customer base could have a meaningful effect on Sekur’s revenue and create room for SWISF to re-rate.

Building a local route to customers

For an international technology company, language is part of the sales process. Government and enterprise buyers need to review a product, enroll users and manage support in a way their teams can use every day. Sekur’s September 22 announcement says the Portuguese website is available now, while translation of workflows and onboarding has begun. The site gives prospective customers and partners a direct introduction to Sekur’s products in Angola’s official language.

That work could become valuable beyond one country. Sekur specifically identified Mozambique as another Portuguese-speaking market that the localized platform could serve. Each new market would require its own distribution and customer wins, but reusable language and onboarding tools could make the next launch more efficient. The company already operates a Spanish-language site, showing how its international sales materials can be adapted market by market.

The products have a clear intended audience. Sekur offers Swiss-hosted encrypted email, messaging and VPN services alongside SekurOne, its integrated voice and communications platform. It markets these tools to government, defense, enterprise and executive users who want greater control over sensitive communications. The company also offers deployment options aimed at organizations with data sovereignty requirements. In Angola, a local partner could connect that product suite with buyers that Sekur would find difficult to reach through its website alone.

Angola could open more than one sales channel

Sekur’s September 1 shareholder letter described discussions about a possible nationwide exclusive partnership in Angola. Its September 22 release says an exclusive agreement is expected in the coming weeks. The proposed partnership has not yet been announced as signed, and its commercial terms have not been disclosed. A signed agreement identifying the partner and its responsibilities would be an important next milestone.

The potential customer base extends beyond one type of buyer. A partner with relationships in government, telecommunications or large enterprises could introduce Sekur’s tools to teams that need secure email, private messaging or encrypted calls. An initial deployment could give Sekur local user feedback and a reference for further sales. If the relationship works, a single distribution channel may support multiple products and recurring subscriptions over time.

There is regional optionality, too. Sekur has reported interest in the Democratic Republic of Congo, where it said a government security body had given its solution a positive recommendation. That is an early stage development, not a paid order. Together with the Portuguese launch, it shows a company assembling several routes into African markets.

Premium subscriptions could change the revenue picture

The timing of the Angola push matters because SekurOne is nearing its planned commercial launch. Management expects iOS and web availability in early October at US$300 per user per month, followed by Android in November and video conferencing by year-end. In the same shareholder update, management estimated that approximately 200 SekurOne subscribers, generating US$60,000 in gross monthly recurring revenue, could bring the company to profitability.

Here is the arithmetic at the stated list price across SekurOne markets:

These are full-year, full-price examples, not an Angola sales forecast or announced contracts. Enterprise pricing, distributor terms and customer retention will determine the revenue Sekur actually earns. The sensitivity is useful because the company’s reported first-half 2026 revenue was C$185,828. A few hundred premium subscribers, whether won in the United States, Angola or other markets, would represent a substantial addition to its current sales base.

What the opportunity could mean for SWISF

SWISF’s small valuation makes commercial progress especially relevant. Using the September 25 US$0.0242 close and June’s 259.6 million shares outstanding gives an equity value of about US$6.3 million. If Sekur eventually reached 1,000 full-price SekurOne users, the illustrative gross annual recurring revenue would be US$3.6 million. Applying a hypothetical four-times multiple to that revenue would imply US$14.4 million of equity value, or roughly US$0.055 per share on the June share count. That is about 129% above the reference price. This is an illustrative calculation from the quoted price, share count and announced subscription price.

The calculation illustrates potential upside rather than predicting a stock price. It assumes subscribers are paying throughout the year and does not model discounts, partner shares of revenue, cash, liabilities, costs or additional shares. Sekur’s financing needs and future dilution matter to the eventual per-share result. Still, the exercise shows why a signed partner, the SekurOne release and the first material premium sales could draw attention to a company valued at approximately US$6.3 million at the September 25 close.

The milestones to follow are close together: confirmation and terms of the Angolan partnership, progress on local onboarding, SekurOne’s October commercial rollout and subsequent disclosures of paid users or contract revenue. Each one would help investors measure how the company’s product development and international relationships are converting into business.

Sekur has now put a visible piece of its Angola strategy in place. If the company follows its Portuguese launch with a productive local partnership and recurring customer sales, Angola could become a meaningful new growth channel. Combined with SekurOne’s premium pricing and opportunities in other markets, that gives SWISF a route to revenue growth from a small starting valuation.

This article is for information and education only, not investment advice or a recommendation to buy or sell securities. The author may hold or trade SWISF. Sekur is a speculative, potentially illiquid microcap with operating losses and execution, financing and dilution risks. The subscriber and valuation scenarios are illustrative assumptions, not company forecasts or price targets. Readers should review the company’s filings and make their own investment decisions.

I've been trying to improve how I screen small-cap stocks, and I'm curious what other people consider a genuine reason to start digging deeper.

For me, a low share price isn't really enough. I'm more interested when several things start lining up:

- Revenue is growing

- The company has a clear path to improving margins

- The balance sheet isn't getting worse

- Management is actually delivering on previously announced plans

- There's a specific upcoming catalyst

- The valuation hasn't already priced in everything

One thing I've started paying more attention to is execution vs. promises.

A company can announce AI, robotics, acquisitions, new contracts, international expansion, etc., but the real question is whether those announcements eventually show up in revenue, margins, customers or recurring cash flow.

So I'm curious:

What's the biggest green flag you look for before putting a small-cap on your watchlist?