Jozef | Microcap Engine

I break down sub-$500M stocks in play each day.
Morning prep list | Filings,
Volume footpring based market structure.
Building Microcap Engine. Not advice.

[Jozef | Microcap Engine @MicrocapEngine]

I’ve been trading micro/nano-cap stocks for ~7 years, and one thing has always pissed me off: needing a bunch of different tools just to do the job properly.

Scanner in one place. Research somewhere else. Backtesting in another.

Different tools, different data vendors, different methodologies — and often different answers. Besides constantly jumping between platforms, the inconsistency in the data itself became a problem.

Backtesting was probably the most frustrating part. It was slow, and every tool I tried eventually had enough limitations, data issues, or things I simply couldn’t trust that I stopped using it.

So about two years ago, I decided to start building the tool I actually wanted to use myself.

The original idea was pretty ambitious: put everything into one connected platform, use the highest-quality data we can get, make it as accurate and fast as possible, and let backtesting, scanning and analysis work from the same underlying data and logic.

Almost two years into it, I’ve learned that not everything is possible. There are trade-offs. Data is never perfect. And some problems are much harder to solve than they look from the outside.

But the goal hasn’t really changed.

We’re still aiming very high and obsessing over the details that I always wished other tools got right.

And probably the part I’m most excited about: I genuinely want to use this Engine for my own trading.

That’s how Microcap Engine came to be.

Backtest, scan, analyse, optimize -> One platform

https://t.co/hqgsaTuvCu

[Jozef | Microcap Engine @MicrocapEngine]

@WisdomoftheHea1 Attention 90 measures social attention, not bullish conviction. High (X) attention can be just as relevant for short setups... But hey, thanks! A least I know I have to make it more clear 👍

[Jozef | Microcap Engine @MicrocapEngine]

Sub-$500M premarket prep — 2026-10-09

$FLYE traded its float 85 times, with cash red.
$OLB is the name everyone is on. Attention 90.
$XRTX has cash red.

What else is on your list?

[Jozef | Microcap Engine @MicrocapEngine]

$VEEA is a good example of why Nasdaq compliance ≠ capital-structure cleanup.

On Oct 8, Veea announced full compliance with Nasdaq's continued listing requirements. But the filings reveal several separate event states.

1. NASDAQ COMPLIANCE
The bid-price issue was resolved Sep 15, following a 1-for-20 reverse split effective Aug 28. The Oct 8 announcement resolved the remaining governance deficiencies.
Bid-price compliance = RESTORED
Governance compliance = RESTORED
Reverse split = COMPLETED
Capital raised directly by these actions = $0

2. ATM FINANCING
An Aug 13 SEC filing disclosed an ATM agreement with Roth Capital for up to $4.353M in common stock.
ATM agreement signed = YES
Full $4.353M sold = NOT ESTABLISHED
Remaining capacity = REQUIRES VERIFICATION
Nasdaq compliance does not automatically terminate an ATM. Financing capacity ≠ actual shares issued.

3. WHITE LION WARRANTS
The August 10-Q disclosed cancellation of warrants tied to the first three White Lion note closings. But Veea also issued 1,958,479 common shares under the waiver agreement (pre-reverse-split).
Specified warrants cancelled = YES
Other warrants = SEPARATE STATUS
Common shares issued = YES
Warrant cancellation ≠ dilution eliminated.

4. LIQUIDITY
As of June 30, Veea reported ~$1.9M cash, $14.5M debt and $11.12M operating cash used in H1 2026. Historical figures, but important context for evaluating financing risk.

THE TAKEAWAY
A point-in-time model must track Nasdaq compliance, reverse splits, ATM capacity vs. actual sales, warrant cancellations and shares issued as distinct states.
A compliance headline changes listing status—not necessarily equity supply.

After a Nasdaq compliance announcement, what would you verify first: ATM sales, convertible exposure or post-split share count?

[Jozef | Microcap Engine @MicrocapEngine]

$MI +62%, $17M traded.

Sep 30 SEC 6-K: 80M shares agreed at $0.45 ($36M), subject to NYSE American approval.

Oct 8: 1M units priced at $1, each with a warrant; closing expected Oct 9.

80M agreed ≠ 80M in the float. Are traders treating pending supply as live?

[Jozef | Microcap Engine @MicrocapEngine]

The database version is available ~15 minutes earlier and comes with charts, news, and an archive of past snapshots:
https://t.co/UlnNcyyiB8

[Jozef | Microcap Engine @MicrocapEngine]

Sources:

SEC S-1 (Sep 2026), p.4 — 8.265M August shares issued to settle obligations; Rule 144 restrictions:
https://t.co/WCxXtxT1wC
OLB PR (Oct 6) — ATM suspension + up to 1M-share buyback authorization:
https://t.co/LlXZD0sOhW

[Jozef | Microcap Engine @MicrocapEngine]

$OLB -> 21x float rotation, $236M traded.

Oct 6: ATM paused; buyback authorized for up to 1M shares.

Sep S-1: 8.265M shares issued in August, mostly for liabilities—all Rule 144 restricted.

Issued ≠ free float. Authorized ≠ repurchased.

What matters more for supply?

[Jozef | Microcap Engine @MicrocapEngine]

$XRTX: +30%, ~190x RVOL and $23M traded.

The 5m spike rejected ~$2.45 before settling near $2.28 on fading volume.

Catalyst: a PLANNED Health Canada trial application—not a completed filing.

SEC (Aug 13): 3.08M pre-funded warrants vs 1.82M shares.

Does $2.20 hold?

[Jozef | Microcap Engine @MicrocapEngine]

@Temple_of_Boom these are the levels I expect to go to... red zone at least reaction if not reversal, but there is also the green zone which is the magnet... so lets see which one really hits (if ever)

[Jozef | Microcap Engine @MicrocapEngine]

@Temple_of_Boom Interesting point on the warrants. For $OLB, do you see them as a potential source of selling pressure, or are you expecting momentum to absorb that supply? Also curious if you've seen buying pick up after lunch on similar setups.

[Jozef | Microcap Engine @MicrocapEngine]

@ShortDaPos of course..

[Jozef | Microcap Engine @MicrocapEngine]

@SeegerErik Fair point on the warrants. The Oct 6 news matters more to me: $OLB suspended its ATM and authorized up to 1M shares in buybacks. Authorization isn't execution, though. Have you seen any evidence repurchases have actually started?

[Jozef | Microcap Engine @MicrocapEngine]

@ShortDaPos aaah I see now... didnt chck the chart :) nice one... thats why dilution risk is always good to check... but sumetimes I dont know its a cathalyst (short squeeze can occur more often, low flaoters even more than often heheh) or a reason to short it...

[Jozef | Microcap Engine @MicrocapEngine]

@MarcJacksonLA A Notice of Allowance isn't an issued patent yet. $BIAF has 22 awarded patents and 36 pending applications, but an estimated 2.7-month cash runway. Could licensing provide near-term funding, or is this mainly longer-term IP protection?

[Jozef | Microcap Engine @MicrocapEngine]

@SystemTheoryHQ the one thing I love about prop firms, is that you dont need tu buy locates, which are crazy expensive these days..

[Jozef | Microcap Engine @MicrocapEngine]

@StockTickerZone Raw volume gets $IPW on the leaderboard.
But 29.02x float rotation on a 1.26M float, and flagged overhang risk... adds context the volume column misses. Does your screener track float-adjusted turnover or dilution risk?

[Jozef | Microcap Engine @MicrocapEngine]

@CoachNickMoney 29.02x float rotation isn't the same as breakout confirmation. $IPW has traded $52.24M, but your channel setup still needs sustained buying. Would you require expanding 5-min volume and a VWAP hold before trusting the next leg?

[Jozef | Microcap Engine @MicrocapEngine]

@modern_rock That chart has plenty of spikes, but are buyers absorbing the pullbacks? $IPW has traded $52.24M with 29.02x float rotation on a 1.26M float. Are you seeing accumulation between spikes, or mostly momentum churn?