Up 100% YTD, First Time Above the 200MA in Years, and the Last Time This Happened It Ran 300%.. ThreeD Capital (CSE: IDK / OTCQX: IDKFF)

*Forget the past price - look at the present setup & current discount after a beating. Technical breakout + deep value + dense 2026 catalyst stack. Use a stop loss below recent lows.*

**THE TECHNICAL SETUP** 

IDK is up approximately 100% year-to-date.

More importantly: this is the **first time in years** that IDK has crossed and held above its 200-day moving average.

The last time this exact technical structure set up - stock crossing and holding the 200MA - it ran approximately **300%** before pulling back.

Why does this matter?

In micro-cap and thinly traded stocks, the 200-day MA cross is the signal that forces algorithmic screeners, technical traders and momentum funds to look at a name for the first time. The fundamentals already existed. The technical breakout is what brings **new eyeballs** to a tight float. When that happens, price response is disproportionate.

**Trade management:** Use a stop loss below recent lows. Let the setup play out or cut it cleanly.

Right now you have four things converging simultaneously - which in micro-cap land is rare:

✅ Deep discount to NAV (\~67–70%) - the value floor
✅ Dense 2026 catalyst stack - the fundamental trigger
✅ First 200-day MA crossover in years - the technical ignition
✅ Tight float - the amplifier

**WHAT IS THREED CAPITAL?**

ThreeD Capital Inc. (CSE: IDK, OTCQX: IDKFF) is a publicly listed Canadian permanent capital vehicle - think of it as an actively managed VC "ETF" you can buy in any brokerage account.

Instead of LPs, lockups and 2/20 fees, it's a single ticker giving you exposure to a **51-company portfolio**:

* 37 disruptive technology holdings (AI infrastructure, quantum computing, brain-computer interfaces, blockchain payments, smart-city software)
* 14 junior resource holdings (primarily gold exploration and development)

Currently priced as if the underlying portfolio is worth almost nothing.

**THE CORE ANOMALY: BUYING $0.27 OF ASSETS FOR \~$0.08**

* Reported NAV: **$0.27 per share** (as of December 31, 2025)
* Current market price: approximately $0.08–$0.115 CAD
* That is a **67–70% discount to NAV** — you get close to 3× NAV coverage on every share you buy

The balance sheet backing this is auditable: total assets of \~$25.9M CAD consisting of cash, investments and digital assets.

And NAV is arguably **conservative**:

* Many private holdings are carried at cost or last financing round - not at any optimistic forward multiple
* The large **TDN royalty position** (279,413,283 TDN royalties, each fixed at $1 USD by TODAQ Holdings) is **not included in reported NAV at all**

**WHO IS RUNNING THIS**

The founder, Chairman and CEO is **Sheldon Inwentash** \- CPA, honorary Doctor of Laws from the University of Toronto.

Track record:

* Built **Pinetree Capital from $0.10 to $26.00** per share - a 26,000% return at peak - managing a 393-company portfolio with aggregate market cap exceeding $1 billion
* Three exits above $550M each: Queenston Mining (\~$550M), Aurelian Resources (\~$1.2B to Kinross Gold), Gold Eagle Mines (\~$1.5B to Goldcorp)
* Co-founded **NexGen Energy** (now multi-billion dollar uranium company)
* Co-founded **New Found Gold** \- one of Canada's most significant gold discoveries of the last decade

He is not a passive allocator. He takes active board-level roles, helps recruit management, introduces strategic partners and leads follow-on rounds.

ThreeD Capital is the distilled version of a playbook that has already generated multiple **billion-dollar outcomes**.

**THE PORTFOLIO: WHAT YOU ACTUALLY OWN**

**Tech Holdings (the six at inflection points):**

🧠 **AIML Innovations (CSE: AIML)** \- AI-powered ECG platform targeting 300M ECGs/year globally. SickKids pilot running, AWS proof-of-concept complete, US sales launch initiated February 2026. Upcoming: Health Canada + FDA clearance enabling paid roll-outs across hospitals and OEMs. This platform is trained to **predict cardiac events before they happen**.

💸 **TODAQ / TAPP (private)** \- Internet-native payment rails for AI agents and digital content. \~90% cheaper than credit card networks. Oracle Cloud rollout of 10,000 video titles on TAPP rails scheduled Q2 2026. The 279M TDN royalty position at $1 USD each sits entirely **outside reported NAV**.

🤖 **HyperCycle (private)** \- AI infrastructure with a **$1.1B Seoul AI Hub JV** anchoring its ecosystem. MOSAIC local AI OS launching — marketed as a system that builds a "synthetic brain" from a user's own data. ThreeD is a founding investor.

⚛️ **Dynex (private)** \- Room-temperature quantum computing. Apollo chip reportedly outperforms D-Wave at **\~100× speed** with \~90% cost reduction. QaaS (Quantum-as-a-Service) model for recurring revenue. Apollo-10000 moving from reference chip to commercial production in 2026. D-Wave has had a multi-billion dollar market cap - Dynex is accessible only through IDK, inside a sub-$10M CAP vehicle.

🎧 **Neurable (private)** \- Brain-computer interface OS. Validated by US Air Force, US Army and Mayo Clinic. \~$150K MRR, $15M DoD pipeline. Commercial partnerships: HP HyperX, Master & Dynamic, Renpho and Audeze. Revenue trajectory: \~$2M (2024) → $132M (2027E) if deals close.

🏙️ **InfinitiiAI (CSE: IAI)** \- Smart-city / water-infrastructure SaaS. $2.69M CAD revenue FY2025, 96% renewal rate, ten consecutive quarters of growth, 80+ clients including Los Angeles, Toronto and Seattle.

**Resource Holdings:**

⛏️ **Forte Minerals (CSE: CUAU)** \- 16.31× value creation since 2022 IPO. 19,000 hectares across five properties in Peru. Flagship Alto Ruri: historical 131m @ 2.55 g/t Au, \~15km from Barrick's Pierina Mine. Active drill program underway.

🥇 **Sun Valley Minerals (private)** \- Gold-silver in Uruguay. Initial trenching: 49.4m @ 2.05 g/t Au. 5,000m drill program in progress.

**2026: DENSE CATALYST YEAR**

Multiple portfolio companies hitting concrete milestones in the same calendar year:

* **TODAQ**: Oracle Cloud rollout of 10,000 live video titles on TAPP rails - Q2 2026
* **Dynex**: Apollo-10000 commercial production
* **Neurable**: 3+ commercialisation deals expected to close, supporting the $2M → $132M revenue ramp
* **AIML**: Health Canada + FDA clearance progression and US sales network build-out
* **HyperCycle**: MOSAIC local AI OS launch
* **Forte Minerals**: Alto Ruri drill results

Any single one of these events could lift NAV. When NAV growth combines with discount compression - those two forces are **multiplicative** on equity returns.

**INSIDER BEHAVIOUR + TIGHT FLOAT**

* Management has been **buying shares in the open market** at the same \~$0.08 price available to retail. Insiders have full knowledge of the pipeline, board discussions, and near-term catalysts - and they are choosing to increase exposure at these levels.
* **Tight float**: A material portion of shares is held by insiders and long-term holders. When new buying pressure arrives, there are fewer "escape valves." Micro-cap history shows this leads to outsized price moves.
* **Transparency initiative**: ThreeD launched a YouTube channel in early 2026 with direct CEO interviews for AIML, Neurable, HyperCycle, TODAQ and others - directly attacking the "black box discount" that keeps most closed-end funds permanently cheap.

**WHY DOES THE DISCOUNT EXIST?**

* Sub-$10M CAD market cap - screens out most institutions
* 51-company portfolio with several private, technical names - complexity = neglect
* CSE + OTCQX listing = outside mainstream US/TSX radar
* Closed-end fund stigma - generic skepticism that may be over-applied here

None of these are fundamental problems. They are structural inefficiencies that patient investors can exploit before catalysts close the gap.

**RISKS - BE HONEST**

* Illiquid stock - slippage can be high in both directions
* Private valuation risk - a portion of NAV is in illiquid private co's
* 2026 catalyst execution risk - delays in regulatory approvals, technical milestones or drill results would hurt sentiment
* Manager concentration - this is a "back the jockey" bet
* Macro / sector cycles - quantum, AI and junior mining are all sentiment-driven

**Size accordingly. Use a stop loss below recent lows. This is speculative micro-cap territory.**

**TLDR**

ThreeD Capital (IDK / IDKFF): **up \~100% YTD, just crossed its 200-day MA for the first time in years (last time this happened: +300%)**, trading at \~0.3× its own NAV — run by the manager who built a 26,000% return at Pinetree - with a portfolio that includes an AI platform that predicts heart attacks, potentially the fastest quantum computer in the world, military-validated brain-computer interfaces, and AI payment rails 90% cheaper than VISA - all hitting commercial milestones simultaneously in 2026.

Stop loss below recent lows. Micro-cap, illiquid, speculative. The asymmetry is real. DYOR.

*Compiled from ThreeD Capital's March 2026 research materials, public filings & YouTube channel. Not financial advice.*

*\*didn't get any comments on this earlier today so thought would repost when more people online*