FINDING THE RIGHT SMALL CAP STOCK

ON A BIG MACRO PLAY

FOR AI, THAT’S…

Carrier Connect Data Solutions
(CCDS-TSXV / CCDSF-OTC)

The AI/data center/how-to-power-them trade has been The Big Winner in the last year–along with GOLD. Finding small cap ways to play AI isn’t always easy, and by definition there is higher risk…but that’s the game we play here!

My pick was Carrier Connect Data Solutions–CCDS-TSXv, which is just getting started on a data center roll up play that is so far turning out very well!

In no way am I suggesting investors should buy it here at $1.80-2.20 after its recent fast rise from 80 cents–I’ve actually been taking partial profits here–but I want you to understand how I tick the boxes in these small cap plays.

Back in the fall of 2025, one of my top new contacts–your most important asset in small cap land!!–had me look at CCDS. Run by an experienced team (CEO Mark Binns had built and sold junior tech before and was essentially retired), their niche MO was to buy up small AI data centers around North America that were run by private entrepreneurs who wanted liquidity–to sell. They would get cash and stock and become shareholders of an ever larger company. That was the theory!

First off, the structure was right–only 16.7 million shares out prior to the 75 cent financing. $11 million market cap. CHEAP in this small cap bull market. So many retail investors don’t understand the importance of share structure in small cap land!

The other reason was… Dan Barholden was/is the strategic advisor. Dan is CEO of Luca Mining and under his leadership he took that stock from 40 cents to $2 on great volume. While that was in a bull market, AI/Data Center/Power is also in a bull market. Dan is a former Investment Banker (IB) and has a great rolodex on the Street both buyside and sell side after Luca’s success.

After that financing closed last fall, CCDS had 3 data centers, revenue, income and potentially a currency (stock price) to make further acquisitions. So that was the third box ticked.

Reason #4 was CEO Mark Binns had run public companies before and been successful–so much so he never has to work another day in his life.

CCDS has (share) structure, management (and mgmt with a big share position!), it was in one of the main memes of the Market, and was hitting positive cash flow (though in a small way) immediately after the financing proceeds were deployed to buy the new data center.

The stock has now tripled in a very short period of time, as CEO Mark Binns was able to not only get another M&A deal done (they are now at FOUR data centersf), but find more cash from new shareholders who believed in his vision and also bought up stock in the Market. It’s trading around 10x ARR so arguably fully valued…for what they have now. But Binns thinks he can acquire one company per quarter, so we’ll see if the stock will keep up.

1. Overview

Carrier Connect Data Solutions (“Carrier” or “CCDS”) is a small-cap data-center company listed on the TSX Venture Exchange.

Its goal is to buy and grow small to mid-sized, carrier-neutral data centers — facilities that rent secure, connected space for servers — in Canada and overseas.

Carrier’s plan is simple:

• Buy undervalued data centers (usually Tier II or Tier III).
• Add upgrades like better power and cooling.
• Raise utilization (fill more racks).
• Collect recurring monthly fees from customers.
• Repeat the model internationally using low-cost, vendor-financed acquisitions.

The company started trading as CCDS on Feb 21, 2025 after completing its qualifying transaction and share consolidation.

2. Key Assets and Operations

Vancouver, Canada – Flagship Facility

• ~50 racks installed, redundant power/cooling, 24/7 security.
• 2024 revenue: ~$360,000 CAD
• 2025 target: ~$500,000 CAD
• Recent contract: A 5-year, $416,500 deal with a Canadian AI/IoT firm for a private suite using direct liquid cooling.

This site provides stable recurring revenue and a platform for new AI-focused customers.

Perth, Australia – New Acquisition

• Acquired in mid-2025.
• 2 MW facility, ~220 racks, 3 diesel generators, 3 chillers, UPS, and full redundancy.
• Purchase price: ~AUD 2.5 million
• Structure: AUD 200k upfront + AUD 2.2M vendor take-back note (paid over 25 years at 9%).
• Potential monthly revenue: ~AUD 330,000 when fully utilized.
• Currently ramping up occupancy and service contracts.

This deal gives CCDS an international footprint with minimal upfront cash, a smart way to grow without heavy dilution.

Ottawa, Canada – Future Pipeline

• CCDS has signed a non-binding LOI to acquire PureColo Inc., a well-known carrier-neutral data center in Ottawa.
• If completed, it would expand CCDS’s presence across Canada and add recurring revenue. (It did close!)

3. Business Model

Carrier Connect’s income comes from:

1. Monthly colocation fees — renting racks, cages, or suites.
2. Cross-connects — linking customers to different network providers.
3. Power and cooling add-ons — including high-density and liquid-cooling options.
4. Long-term contracts — locking in recurring cash flow.

Each acquisition is expected to add new recurring revenue while spreading costs (shared marketing, network, and maintenance).

4. Leadership

• Mark Binns – CEO: Experienced public company executive (previously CEO of BIGG Digital Assets).
• Johan Arnet – CTO / Co-founder: Long-time tech entrepreneur with data-infrastructure experience.
• Advisors / Board: Includes telecom and capital markets professionals like Mitchell Demeter and Peter Smyrniotis.

Management has capital markets experience and early-stage tech backgrounds — key for scaling and fundraising.

5. Financial Snapshot

This is early stage; not a no brainer. Most competitors will have a lot more money than them. But anybody they roll up early will get lots of cheap stock so that’s incentive for the prospect list to jump on board fast–this should be where the quick easy money is as they scale.

That’s the end of the original write up for our subscribers.

I also loved the way the stock traded as this 75 cent financing was completed–to me the stock clearly wanted to trade higher, and I told subscribers that I was buying more in the open market just above issue price.

Shortly after this round closed, Binns was approached by a High Net Worth (HNW) individual saying they wanted in to the stock in a big way–so Binns let them do a 90 cent equity raise, and…well, SOMEBODY bought up the market right after that to $2.

When you pay attention to structure, management, sponsorship (who owns the BIG share positions–not always mgmt, though here it was) watch the stock trade (the trading patterns tell you things–those who have ears, let them hear!), and keep working your network–these little gems fall into your lap.

I still have most of my stock in CCDS though I have take some profits. I think Mark Binns and Dan Barholden know how to use the stock as currency to keep doing more M&A.

I’ve got another junior stock pick coming VERY SOON–growing revenue, very tight share structure, no long term debt, easy to see growth runway…if you want to get the name and symbol the day that I release it to subscribers….CLICK HERE