Meet the landlord Nicole Sullivan has a story in the Post about a CBRM landlord who has informed his tenants he will “no longer be supplying oil” to their units because “the costs have quadrupled and this will no longer be part of your rental income.” (I think he meansRead More

Thanks to the spectator who alerted me to this latest development in the ongoing saga of Dartmouth-based Meta Materials, the “smart” materials company that earned Nova Scotia’s erstwhile venture capital fund Innovacorp a $100 million payday by going public with a valuation north of $1 billion. Meta Materials listed onRead More

Editor’s Note: I know what you’re thinking—the holidays are almost here, why am I not doing a year in review or some heartwarming, holiday-themed stories, or raising money for a food bank? Why am I on about that nano-materials company in Dartmouth again? The answer is a) because I haveRead More

On Tuesday, the US Securities Exchange Commission (SEC) filed a lawsuit in the US District Court for the Southern District of Texas against the following eight defendants: Edward Constantin aka MrZackMorris aka Edward Constantinescu Perry Matlock aka PJ Matlock Thomas Cooperman aka Tommy Coops Gary Deel aka Mystic Mac MitchellRead More

Bridging burning There’s a big update this week on Bridging Finance, the private debt lender that extended Membertou a $6.8 million loan in January 2020 to invest in Novaporte, promoter Albert Barbusci’s proposed Sydney harbor container terminal project (and that took what Barbusci termed a small equity stake of itsRead More

Since last we spoke of Dartmouth-based Meta Materials, it has become the target of both a scathing short-seller’s report and a potential class action lawsuit. Both developments were reported in the local mainstream press — by SaltWire’s Newfoundland-based Barbara Dean-Simmons and the CBC’s Paul Withers — which I note because neitherRead More

CES 2022, this year’s iteration of the annual consumer electronics trade show that bills itself as “the most influential tech event in the world,” was a “beast,” according to Tech Crunch, despite COVID concerns that cut in-person attendance to 40,000 from 180,000 in 2019 and caused some major companies —Read More

This week, I thought I’d give myself a bit of a break, research-wise, by focusing on Innovacorp’s exits between 2011-2012 and 2020-2021. If you’re wondering why I keep choosing that timeframe, it’s basically, as I should have explained earlier, because Innovacorp did. The agency, which was founded in 1995, changedRead...

In other Innovacorp news, the US Securities and Exchange Commission has subpoenaed Meta Materials in connection with its merger with Torchlight Energy (with thanks to the spectator who alerted me to this development). Meta Materials was Innovacorp’s first “unicorn” investment — that is, its first portfolio company to list onRead More

Munger Games Everywhere I look these days I see vanity projects — from billionaires propelling themselves into almost-space to local businesswomen producing 13-episode podcasts — but the story of Warren Buffet’s partner designing a dorm for the University of California at Santa Barbara (UCSB) takes the proverbial vanity cake. AccordingRead More