This conversation provides an in-depth look at Lindbergh, a company founded by Michele Corradi and Marco Pomé, focusing on their journey in logistics, waste management, and HVAC services. The discussion covers the evolution of the company, key milestones, and the growth of different business units, particularly HVAC. The founders share insights on their acquisition strategy, cash management, and operational synergies, as well as the challenges they face in integrating various companies. They emphasize the importance of maintaining a lean structure while fostering a culture of best practices.

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About MicroCapClub 

MicroCapClub is an exclusive forum for experienced microcap investors focused on microcap companies (sub $1B market cap) trading on United States, Canadian, European, and Australian markets. MicroCapClub was created to be a platform for experienced microcap investors to share and discuss stock ideas. Since 2011, our members have profiled 1500+ microcap companies. Investors can join our community by applying to become a member or subscribing to gain instant view-only access. MicroCapClub’s mission is to foster the highest quality microcap investor Community, produce Educational content for investors, and promote better Leadership in the microcap arena.

For more information: https://microcapclub.com

✉️ Share your feedback - [email protected]

✉️ David’s X (Twitter) - https://x.com/Valuehunte 

Chapters

00:00 Introduction to Lindbergh and Founders' Backgrounds

04:28 Growth and Evolution of Lindbergh

07:43 Innovative Services and Business Model

10:29 Expansion into HVAC and Market Opportunities

13:41 Operational Strategies and Business Units

16:33 Focus on Waste Management and Client Relationships

19:25 HVAC Business Unit and Market Dynamics

22:40 Internal Priorities and Company Alignment

25:29 Synergies and Integration Strategies

35:54 Cash Management and Inventory Control

36:54 Long-term Margin Strategies

38:29 Decentralized Management Approach

39:38 Leveraging Customer Base for Growth

40:56 Best Practices and Company Culture

43:57 Criteria for Acquisition Targets

45:47 Succession Planning in Acquisitions

48:39 Innovative Payment Terms for Acquisitions

51:29 Market Positioning and Competition

53:55 Network Management and HVAC Synergies

56:23 Reporting Organic Growth

58:32 Lessons from the Red Eye Conference

01:00:28 Risk Management and Confidence

Disclaimer: All content on this channel is for discussion, education, entertainment, and illustrative purposes only and SHOULD NOT be construed as professional financial advice, solicitation, or recommendation to buy or sell any securities, notwithstanding anything stated on this channel. There are risks associated with investing in securities. Loss of principal is possible. Past performance is not a predictor of future investment performance. Ian Cassel and the guests on this channel are not responsible for investment actions taken by viewers. Should you need such advice, consult a licensed financial advisor, legal advisor, or tax advisor. You agree to verify all information yourself before investing. Any past performance discussed during this program is no guarantee of future results. Investing involves risk and possible loss of principal capital; please seek advice from a licensed professional. All views expressed are personal opinions as of the date of recording and are subject to change without the responsibility to update views. No guarantee is given regarding the accuracy of the information on this channel. Releasees undertake no obligation to provide accurate or sound investment statements. You waive any and all duties that may exist flowing from you to any Releasee. You agree not to hold any Releasee liable for any possible claim for damages arising from any decision you make based on information or other content on the Channel.

In this conversation, Tim shares his unique journey to Permanent Equity, detailing how a chance phone call led him to a career in private equity. He explains the innovative approach of Permanent Equity, which focuses on acquiring small businesses without leveraging debt, allowing for long-term growth and stability. Tim discusses the transition from public to private markets, highlighting the challenges and opportunities in each. He emphasizes the importance of assessing quality of earnings through cash flow analysis and shares insights into investment strategies, team culture, and the role of storytelling in building a successful business. Throughout the conversation, Tim's philosophy of optimizing for fun and meaningful work shines through, making for an engaging and insightful discussion.

Join MicroCapClub and unlock the ability to listen and participate live in these discussions - https://microcapclub.com/join-now/ 

About MicroCapClub MicroCapClub is an exclusive forum for experienced microcap investors focused on microcap companies (sub $1B market cap) trading on United States, Canadian, European, and Australian markets. MicroCapClub was created to be a platform for experienced microcap investors to share and discuss stock ideas. Since 2011, our members have profiled 1500+ microcap companies. Investors can join our community by applying to become a member or subscribing to gain instant view-only access. MicroCapClub’s mission is to foster the highest quality microcap investor Community, produce Educational content for investors, and promote better Leadership in the microcap arena. For more information: https://microcapclub.com

Chapters

00:00 The Journey to Permanent Equity

05:06 Understanding Permanent Equity's Unique Approach

08:22 Transitioning from Public to Private Markets

12:40 Investing Strategies: Public vs. Private Markets

15:08 Why Columbia, Missouri?

18:24 The Concept of Beer Money

21:04 Quality of Earnings in Small Businesses

24:24 Debt Levels in Private Equity

29:49 Assessing Performance in Private Equity

31:40 Understanding Fees and Returns in Private Equity

34:49 Strategic Distribution Decisions

37:13 Case Study: The Airplane Parts Business

41:43 Risk Management and Investment Philosophy

43:09 First Year Post-Acquisition Strategies

47:53 The Importance of Storytelling in Business

52:17 Optimizing for Fun and Asymmetry

55:43 Attracting Talent to Missouri

Disclaimer: All content on this channel is for discussion, education, entertainment, and illustrative purposes only and SHOULD NOT be construed as professional financial advice, solicitation, or recommendation to buy or sell any securities, notwithstanding anything stated on this channel. There are risks associated with investing in securities. Loss of principal is possible. Past performance is not a predictor of future investment performance. Ian Cassel and the guests on this channel are not responsible for investment actions taken by viewers. Should you need such advice, consult a licensed financial advisor, legal advisor, or tax advisor. You agree to verify all information yourself before investing. Any past performance discussed during this program is no guarantee of future results. Investing involves risk and possible loss of principal capital; please seek advice from a licensed professional. All views expressed are personal opinions as of the date of recording and are subject to change without the responsibility to update views. No guarantee is given regarding the accuracy of the information on this channel. Releasees undertake no obligation to provide accurate or sound investment statements. You waive any and all duties that may exist flowing from you to any Releasee. You agree not to hold any Releasee liable for any possible claim for damages arising from any decision you make based on information or other content on the Channel.

In this business breakdowns, Adam Wilk sits down with Armanino Foods of Distinction, Inc. (AMNF) CEO Deanna Jurgens. This Business Breakdowns discussion took place live on January 20th, 2026, on the MicroCapClub Community. The company was originally profiled by a MicroCapClub member on May 13th, 2014 at $1.75 per share. ⁠https://microcapclub.com/join-now/⁠

Armanino Foods of Distinction, Inc. (AMNF) is an international food company that manufactures and markets frozen Italian specialty food. The company's product line includes pesto sauces, stuffed pastas, pasta sheets, focaccia, and cooked meat products to the foodservice, retail, and industrial markets. Its organic line includes classic basil pesto. It also offers other pesto flavors, such as Cilantro, dried tomato and garlic, roasted red bell pepper, southwest chipotle, artichoke, roasted garlic and light basil. Armanino Foods of Distinction was founded in October 1986 and is headquartered in Hayward, CA.

Armanino's growth strategy includes strengthening the U.S. foodservice business, growing with Tier-1 Quick Service Restaurants, and international growth where the focus will be in Asia. https://armaninofoods.com

Disclaimer: The purpose of this presentation is for informational and educational purposes only and should not be construed as a recommendation to purchase or sell any security. MicroCapClub is not a registered investment advisor. MicroCapClub, its partners, members, subscribers, and affiliates may or may not hold positions in one or more of the securities mentioned on this program and may trade in such securities at any time. Do your own due diligence and seek counsel from a registered investment advisor before trading in any security.

In this engaging conversation, David Gardner shares insights from his journey as an entrepreneur and investor, discussing the founding of The Motley Fool, his investment philosophy, and the importance of trust and character in business. He reflects on the emotional resilience required in investing, the lessons learned from both successful and failed investments, and the legacy he hopes to leave behind. Gardner emphasises the significance of optimising for trust and the impact of one's financial decisions on the world.

Join MicroCapClub and unlock the ability to listen and participate live in these discussions - https://microcapclub.com/join-now/ 

About MicroCapClub MicroCapClub is an exclusive forum for experienced microcap investors focused on microcap companies (sub $1B market cap) trading on United States, Canadian, European, and Australian markets. MicroCapClub was created to be a platform for experienced microcap investors to share and discuss stock ideas. Since 2011, our members have profiled 1500+ microcap companies. Investors can join our community by applying to become a member or subscribing to gain instant view-only access. MicroCapClub’s mission is to foster the highest quality microcap investor Community, produce Educational content for investors, and promote better Leadership in the microcap arena. For more information: https://microcapclub.com

Chapters

00:00 Introduction and Early Influences

02:47 The Birth of The Motley Fool

05:49 Navigating Challenges and Business Evolution

08:47 Emotional Resilience in Investing

11:45 The Importance of Learning from Mistakes

14:51 Case Studies in Investing

30:52 The Evolution of Rule Breaker Investing

32:44 Lessons from Iconic Stocks

34:11 The Importance of Holding vs. Selling

36:37 Establishing Your Sleep Number

40:50 The Gardner-Kretzmann Continuum

45:08 Leadership Styles and Personal Optimization

48:19 Building Trust in Business

52:44 The Impact of Motley Fool Alumni

56:02 Identifying Great People in Business

01:00:47 The Importance of Character and Vision

01:04:03 The Philosophy of Averaging Down in Stocks

01:10:10 Microcaps and Rule Breakers

01:14:37 Legacy and Impact in Investing

Disclaimer: All content on this channel is for discussion, education, entertainment, and illustrative purposes only and SHOULD NOT be construed as professional financial advice, solicitation, or recommendation to buy or sell any securities, notwithstanding anything stated on this channel. There are risks associated with investing in securities. Loss of principal is possible. Past performance is not a predictor of future investment performance. Ian Cassel and the guests on this channel are not responsible for investment actions taken by viewers. Should you need such advice, consult a licensed financial advisor, legal advisor, or tax advisor. You agree to verify all information yourself before investing. Any past performance discussed during this program is no guarantee of future results. Investing involves risk and possible loss of principal capital; please seek advice from a licensed professional. All views expressed are personal opinions as of the date of recording and are subject to change without the responsibility to update views. No guarantee is given regarding the accuracy of the information on this channel. Releasees undertake no obligation to provide accurate or sound investment statements. You waive any and all duties that may exist flowing from you to any Releasee. You agree not to hold any Releasee liable for any possible claim for damages arising from any decision you make based on information or other content on the Channel.

In this conversation, Aswath Damodaran shares insights into his early life in India, his passion for teaching, and his pragmatic approach to valuation. He discusses the importance of learning from mistakes through case studies, the impact of AI on investing, and the balance between qualitative and quantitative analysis in valuation. The conversation also touches on the differences between passive and active investing, the future of work in an AI-driven world, and the significance of personal philosophy in investment decisions.

Join MicroCapClub and unlock the ability to listen and participate live in these discussions - https://microcapclub.com/join-now/ 

About MicroCapClub MicroCapClub is an exclusive forum for experienced microcap investors focused on microcap companies (sub $1B market cap) trading on United States, Canadian, European, and Australian markets. MicroCapClub was created to be a platform for experienced microcap investors to share and discuss stock ideas. Since 2011, our members have profiled 1500+ microcap companies. Investors can join our community by applying to become a member or subscribing to gain instant view-only access. MicroCapClub’s mission is to foster the highest quality microcap investor Community, produce Educational content for investors, and promote better Leadership in the microcap arena. For more information: https://microcapclub.com

Chapters

00:00 Introduction and Early Influences

05:42 The Pragmatic Nature of Valuation

11:56 Case Studies: Successes and Failures

17:56 Navigating Lofty Valuations

23:31 Investment Philosophy and Personal Growth

34:11 Undiscovered Investment Opportunities

40:58 The Role of Passive Investing

49:27 Qualitative Factors in Valuation

55:31 Reflections on Performance and Market Truths

Disclaimer: All content on this channel is for discussion, education, entertainment, and illustrative purposes only and SHOULD NOT be construed as professional financial advice, solicitation, or recommendation to buy or sell any securities, notwithstanding anything stated on this channel. There are risks associated with investing in securities. Loss of principal is possible. Past performance is not a predictor of future investment performance. Ian Cassel and the guests on this channel are not responsible for investment actions taken by viewers. Should you need such advice, consult a licensed financial advisor, legal advisor, or tax advisor. You agree to verify all information yourself before investing. Any past performance discussed during this program is no guarantee of future results. Investing involves risk and possible loss of principal capital; please seek advice from a licensed professional. All views expressed are personal opinions as of the date of recording and are subject to change without the responsibility to update views. No guarantee is given regarding the accuracy of the information on this channel. Releasees undertake no obligation to provide accurate or sound investment statements. You waive any and all duties that may exist flowing from you to any Releasee. You agree not to hold any Releasee liable for any possible claim for damages arising from any decision you make based on information or other content on the Channel.

In this business breakdowns, Adam Wilk sits down with Mama's Creations (MAMA) CEO Adam Michaels and Chief Commercial Officer Chris Darling. This MicroCap Business Breakdowns discussion took place live on January 7th, 2026, on the MicroCapClub Community. ⁠https://microcapclub.com/join-now/⁠

This is a follow up discussion from our initial interview with the company that aired June 24th, 2024: https://youtu.be/QU174KOAnyA?si=dnVLI5ajilPRExaX

Mama’s Creations, Inc. is a food business that seeks to be a “one-stop-shop” deli supplier. The company originally started selling a single product, Italian meatballs, but have since grown their product portfolio into other Italian cuisine along with salads, sandwiches, olives, soups, pizza and even some initial items in Asian cuisine. Their primary distribution channel is grocery and club. They have a nascent online presence and are very early in making in-roads in the convenience store channel.

The business was an operational turnaround with the arrival of CEO Adam Michaels CFO Anthony Gruber in September of 2022. During the past three years, management has improved operations, profitability, and added resources in operations, sales and marketing. The company has a vision of becoming $1 billion business that “owns” the fresh deli space, through a combination of organic growth and acquisitions. They have room to grow within the deli space, as they continue to build out their product portfolio. In addition, while they have a nice customer list including Costco, Sam's Club, Publix, Aldi, Albertsons, BJ’s and others, there remains room to penetrate even larger customers such as Walmart, Target, and Kroger, with an opportunity in convenience as well. https://mamascreations.com

Disclaimer: The purpose of this presentation is for informational and educational purposes only and should not be construed as a recommendation to purchase or sell any security. MicroCapClub is not a registered investment advisor. MicroCapClub, its partners, members, subscribers, and affiliates may or may not hold positions in one or more of the securities mentioned on this program and may trade in such securities at any time. Do your own due diligence and seek counsel from a registered investment advisor before trading in any security.

In this conversation, Howard Marks shares his insights on investment strategies, the nature of risk, and the impact of market cycles. He discusses the origin of his company, Oak Tree, and elaborates on the concept of risk, emphasizing that it is subjective and tied to the possibility of undesirable outcomes. Marks also explores the upside of bubbles in technology, the implications of Brexit on the UK economy, and the current state of private credit. He provides advice on portfolio structuring, the importance of incentives in organizations, and personal reflections on success and happiness.

Join MicroCapClub and unlock the ability to listen and participate live in these discussions - https://microcapclub.com/join-now/ 

About MicroCapClub 

MicroCapClub is an exclusive forum for experienced microcap investors focused on microcap companies (sub $1B market cap) trading on United States, Canadian, European, and Australian markets. MicroCapClub was created to be a platform for experienced microcap investors to share and discuss stock ideas. Since 2011, our members have profiled 1500+ microcap companies. Investors can join our community by applying to become a member or subscribing to gain instant view-only access. MicroCapClub’s mission is to foster the highest quality microcap investor Community, produce Educational content for investors, and promote better Leadership in the microcap arena. For more information: https://microcapclub.com

✉️ Share your feedback - [email protected]

✉️ David’s X (Twitter) - https://x.com/Valuehunte 

Chapters

00:00 The Origin of Oak Tree Capital

03:19 Understanding Risk

07:23 The Upside of Bubbles

11:29 Market Dynamics and the S&P 500

14:25 Microcap Stocks and Market Cycles

19:23 The Impact of Brexit on the UK Economy

22:50 Risks in Private Credit

25:41 Catching Falling Knives in Investing

31:35 Navigating Financial Crises

34:44 Investment Philosophy and Risk Management

39:03 Asset Allocation Strategies

41:49 Personal Insights and Success Factors

46:01 Quality of Life and Enjoyment

49:50 Building Effective Organizations

54:41 Reflections on Happiness and Legacy

Disclaimer: All content on this channel is for discussion, education, entertainment, and illustrative purposes only and SHOULD NOT be construed as professional financial advice, solicitation, or recommendation to buy or sell any securities, notwithstanding anything stated on this channel. There are risks associated with investing in securities. Loss of principal is possible. Past performance is not a predictor of future investment performance. Ian Cassel and the guests on this channel are not responsible for investment actions taken by viewers. Should you need such advice, consult a licensed financial advisor, legal advisor, or tax advisor. You agree to verify all information yourself before investing. Any past performance discussed during this program is no guarantee of future results. Investing involves risk and possible loss of principal capital; please seek advice from a licensed professional. All views expressed are personal opinions as of the date of recording and are subject to change without the responsibility to update views. No guarantee is given regarding the accuracy of the information on this channel. Releasees undertake no obligation to provide accurate or sound investment statements. You waive any and all duties that may exist flowing from you to any Releasee. You agree not to hold any Releasee liable for any possible claim for damages arising from any decision you make based on information or other content on the Channel.

In this business breakdowns, Adam Wilk and Trevor Treweeke sit down with BeWhere Holdings (BEW.V / BEWFF) President and CEO Owen Moore. This MicroCap Business Breakdowns discussion took place live on December 22nd, 2025, on the MicroCapClub Community. ⁠https://microcapclub.com/join-now/⁠

BeWhere Holdings Inc. is a Mobile-IoT (M-IoT) / Industrial-IoT company that designs, manufactures, and sells hardware with sensors plus software (mobile apps, middleware, cloud-platform) to enable real-time tracking and monitoring of non-powered assets, as well as environmental sensing. Its end markets include a wide set of industries with need for remote or distributed asset/inventory management, notably logistics, transportation and fleet operations (trailers, dry vans, chassis), construction and heavy equipment, government and public services (e.g. emergency-services gear tracking), utilities / infrastructure, healthcare & EMS, and general supply-chain / inventory management. https://bewhere.com

Disclaimer: The purpose of this presentation is for informational and educational purposes only and should not be construed as a recommendation to purchase or sell any security. MicroCapClub is not a registered investment advisor. MicroCapClub, its partners, members, subscribers, and affiliates may or may not hold positions in one or more of the securities mentioned on this program and may trade in such securities at any time. Do your own due diligence and seek counsel from a registered investment advisor before trading in any security.

In this business breakdowns, Ian Cassel and Chris Plahm sit down with Sanara MedTech (SMTI) CEO Seth Yon and CFO Elizabeth Tayler. This MicroCap Business Breakdowns discussion took place live on December 11th, 2025, on the MicroCapClub Community. ⁠https://microcapclub.com/join-now/⁠

Sanara is a profitable, growing, 90%+ gross margin small-cap med-tech company trading at 1/2 of peer group multiple. The surgical business is on a path toward 20% growth or roughly $125 million in revenue and around $25 million in EBITDA in 2026, representing a multiple today of 1.75x EV/Sales and 8.8x EV/EBITDA. Peer med-tech companies with similar growth and margin characteristics typically trade at 3- 6x sales and in the low-teens to high-teens on EBITDA. The shutdown of THP (discontinued operations) in late 2025, will make the financials much cleaner and easier for investors to see and model through 2026 and beyond. The setup is in place for a meaningful re-rating along with operational progress as the story becomes purely surgical and operating leverage continues to show through. https://sanaramedtech.com

Disclaimer: The purpose of this presentation is for informational and educational purposes only and should not be construed as a recommendation to purchase or sell any security. MicroCapClub is not a registered investment advisor. MicroCapClub, its partners, members, subscribers, and affiliates may or may not hold positions in one or more of the securities mentioned on this program and may trade in such securities at any time. Do your own due diligence and seek counsel from a registered investment advisor before trading in any security.

Adam Wilk and John LaGourgue have a conversation with Paul Andreola, CEO of NameSilo (URL.CN / URLOF). This MicroCap Business Breakdowns discussion took place live on November 18th, 2025, on the MicroCapClub Community. ⁠https://microcapclub.com/join-now/⁠

NameSilo LLC is a low-cost provider of domain name registration and management services. As an accredited ICANN registrar, NameSilo is one of the fastest growing domain registrars in the world with approximately 4.67 million active domains under management from approximately 160 countries.

NameSilo Technologies Corp. invests its capital in companies and opportunities which management believes are undervalued and have potential for significant appreciation. The company makes investments in both public and private markets and focuses on opportunities in a wide variety of industries excluding the resource and resource service sectors. https://www.namesilo.com

Disclaimer: The purpose of this presentation is for informational and educational purposes only and should not be construed as a recommendation to purchase or sell any security. MicroCapClub is not a registered investment advisor. MicroCapClub, its partners, members, subscribers, and affiliates may or may not hold positions in one or more of the securities mentioned on this program and may trade in such securities at any time. Do your own due diligence and seek counsel from a registered investment advisor before trading in any security.