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 IRBL IS A ROBOT COMPANY IN ISRAEL

 

SHARE STRUCTURE:

COMMON: 8 BIL A/S, 380 MIL O/S as of Dec. 2011

PREFERRED: 20M A/S, 20M O/S as of Dec. 2011

The last SEC filing was 5-18-2009

Current status of Nevada corporation: Active (Reinstated) since 12/2011


IRBL updated their homepage in December of 2011 to "Under Construction", which happened at the time they were reinstated through Nevada SOS, added a new Registered Agent, and issued new Class A Preferred Convertible Stock (which is common for reverse merger stocks). As of a week ago, the homepage that read "Under Construction" was removed because they are constructing a new and updated website. Here are still a few links that are viewable on their site, but all these clues are early signals of becoming current on the OTC Markets website again. Here are the links of some of their products:

http://www.inrobtech.com/HomePage.swf
http://inrobtech.com/UserFiles/products4_file.pdf
http://inrobtech.com/UserFiles/products2_file.pdf
http://inrobtech.com/UserFiles/products1_file.pdf
http://inrobtech.com/UserFiles/products3_file.pdf
http://www.inrobtech.com/UserFiles/products20_file.pdf

 

 

 

 

  InRob Tech Ltd. is a robotics industry leader specializing in planning, manufacturing and service support for advanced wireless and remote control systems. Our technology operates all types of robots and unmanned ground vehicles (UVG) for the military, homeland security, and civilian markets.                        

  Investor Information

 

  Company Profile

 

 

 

 Industry Overview

 

  

 

  News and Events

16/03/2011
 Coming soon

 

16/03/2011
 Coming soon

 

 

  

 

 

ALSO, ROBOT BUSINESS IS A NEW JAPAN NUCLEAR CRISIS PLAY

 

 

 

IRBL (OTC:BB)
InRob Tech Ltd.
1515 Tropicana Avenue
Suite 140
Las Vegas, NV 89119
United States
Phone: 866-668-2929
Web Site: http://www.inrobtech.com
Ben Tsur Joseph, Founder and Chairman

 

 

 

  Management Team

 

 

 

Ben-Tsur Joseph, Founder and Chairman

Mr. Joseph has extensive experience in military operations, particularly UGV operations. Today, he continues to work closely with InRob's key clients. His previous business experience includes managing publicly traded companies in the electrical and real estate industries. Mr. Joseph's military service was in an elite unit of the Israeli Air Force.

     

 

 

Nissim Lavi, CEO

 

Mr. Lavi joined the company at its inception in 1988 and became CEO in 1999.  He has extensive experience in all aspects of the company's operations, and a specific expertise in UGV operations. Mr. Lavi previously served as an officer in an IDF combat unit which gave him first-hand knowledge of military operations.

     

 

 

Edward Waks, CFO

 

Mr. Zachs is an experienced finance manager with previous management experience in Israel and Russia.

 

 

 

     

 

 

Shimon Shamay, Head of R&D and Engineering

 

For the past 10 years Mr. Shamay has led all robotic developments in the company. He was previously an officer in the IDF, which gave him a unique perspective regarding robotics opportunities and potential.

 Robots are increasingly used in tasks involving any of the "three Ds" - dirty, dangerous or dull.
This includes a broad range of military, law enforcement and civilian operations. New applications are constantly being added for purpose-built platforms as well as for remote operated conversion of standard vehicles.

We design and build the critical remote control component (the "brain" of the robot) in-house specifically for each application. The result is a more reliable and better integrated system.

InRob is ISO-9001 certified to design, manufacture and maintain electronic, optical and electro-mechanical equipment. We are also a certified supplier to the Israel Defense Forces and the Israeli Air Force.


 

Company Financials

 

INROB TECH LTD. AND SUBSIDIARY
CONSOLIDATED STATEMENTS OF OPERATIONS FOR THE
THREE MONTHS AND NINE MONTHS ENDED SEPTEMBER 30, 2008, AND 2007
 

 
   
Three Months Ended
 
Nine Months Ended
 
   
September 30,
 
September 30,
 
   
2008
 
2007
 
2008
 
2007
 
Revenues:
                         
Services
 
$
475,323
 
$
379,938
 
$
1,437,547
 
$
1,137,018
 
Product sales
   
182
   
60,701
   
51,321
   
284,768
 
Total revenues
   
475,505
   
440,639
   
1,488,868
   
1,421,786
 
Cost of Goods Sold:
                         
Services
   
304,067
   
363,560
   
926,717
   
1,216,144
 
Product sales
   
61
   
23,231
   
17,107
   
94,923
 
Total cost of goods sold
   
304,128
   
386,791
   
943,824
   
1,311,067
 
Gross Profit
   
171,377
   
53,848
   
545,044
   
110,719
 
Expenses:
                         
General and administrative
   
184,599
   
623,113
   
981,979
   
1,291,554
 
Total general and administrative expenses
   
184,599
   
623,113
   
981,979
   
1,291,554
 
(Loss) from Operations
   
(13,222
)
 
(569,265
)
 
(436,935
)
 
(1,180,835
)
                           
Other Income (Expense):
                         
Interest and other income
   
58,730
   
49,082
   
74,384
   
138,257
 
Gain on disposal of asset
   
102
   
-
   
28,698
   
-
 
Loss on disposal of asset
   
(790
)
 
-
   
(9,585
)
 
-
 
Interest (expense)
   
(253,242
)
 
(371,251
)
 
(694,761
)
 
(687,331
)
Total other income (expense)
   
(195,200
)
 
(322,169
)
 
(601,264
)
 
(549,074
)
(Loss) before Income Taxes
   
(208,422
)
 
(891,434
)
 
(1,038,199
)
 
(1,729,909
)
                           
(Provision) Benefit for income taxes
   
-
   
-
   
-
   
-
 
Net (Loss)
   
(208,422
)
 
(891,434
)
 
(1,038,199
)
 
(1,729,909
)
Comprehensive (Loss):
                         
Israeli currency translation
   
6,389
   
(6,383
)
 
(751
)
 
(3,025
)
Total Comprehensive (Loss)
 
$
(202,033
)
$
(897,817
)
$
(1,038,950
)
$
(1,732,934
)
(Loss) Per Common Share:
                         
(Loss) per common share - Basic and Diluted
 
$
(0.00
)
$
(0.01
)
$
(0.01
)
$
(0.03
)
Weighted Average Number of Common Shares Outstanding During the Periods- Basic and Diluted
   
289,789,824
   
67,289,465
   
197,875,475
   
65,221,781
 
The accompanying notes to consolidated financial statements are
an integral part of these consolidated statements.
 

INROB TECH LTD. AND SUBSIDIARY

CONSOLIDATED STATEMENTS OF CASH FLOWS (NOTE 2)
FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2008, AND 2007
(Unaudited)

 
   
Nine Months Ended
 
   
September 30,
 
   
2008
 
2007
 
Operating Activities:
             
Net (loss)
 
$
(1,038,199
)
$
(1,729,909
)
Adjustments to reconcile net (loss) to net cash
             
(used in) operating activities:
             
Depreciation and amortization
   
113,244
   
67,390
 
Amortization of debt issuance costs
   
260,914
   
218,937
 
(Recovery of) loss on contract
   
-
   
(39,141
)
(Gain) Loss on sale of vehicles
   
9,585
   
1,177
 
Changes in net assets and liabilities-
             
Accounts receivable
   
44,658
   
(228,052
)
Inventories
   
70,661
   
286,031
 
Cost of uncompleted contracts in excess of billings
   
(106,657
)
 
143,605
 
Prepaid expenses and deposits
   
(49,130
)
 
(17,723
)
Manufacturing contract deposit
   
(1,996,000
)
 
-
 
Accounts payable - trade and accrued liabilities
   
434,814
   
339,589
 
Billings on uncompleted contracts in excess of related costs
   
(77,348
)
 
83,685
 
Deferred revenue
   
(152,842
)
 
(92,169
)
Income taxes payable and other
   
(19,643
)
 
-
 
Net Cash (Used in) Operating Activities
   
(2,505,943
)
 
(966,580
)
               
Investing Activities:
             
Proceeds from sale of vehicles
   
62,035
   
19,623
 
Purchases of and adjustments to property and equipment
   
(235,501
)
 
(140,500
)
Net Cash (Used in) Investing Activities
   
(173,466
)
 
(120,877
)
               
Financing Activities:
             
Proceeds from long-term debt
   
144,145
   
109,476
 
Payments on long-term debt
   
(46,955
)
 
(49,407
)
Proceeds from (offset to) bank overdrafts
   
168,284
   
93,962
 
Proceeds from issuance of convertible notes
   
-
   
3,000,000
 
Debt issuance costs - Convertible notes
   
-
   
(355,262
)
Proceeds from (payments to) loan from related party - Investor group
   
(7,000
)
 
17,236
 
Payments on (advances to) Loan - Director and stockholder
   
(19,940
)
 
(73,664
)
Received from (loans to) related party companies
   
38,470
   
(72,797
)
Net Cash Provided by Financing Activities
   
277,004
   
2,669,544
 

 

Share Structure:

As of April 8, 2008
Authorized: 400,000,000
Outstanding: 96,436,182
(Share structure from Nevada)


InRob Tech Ltd. is a robotics industry leader specializing in planning, manufacturing and service support for advanced wireless and remote control systems. Our technology operates all types of robots and unmanned ground vehicles (UVG) for the military, homeland security, and civilian markets.

Our wireless remote control systems use state-of-the-art technologies that enable real-time, precision control for a broad range of platforms.

These control systems are used in a wide range of mission-critical homeland security, military, and law enforcement applications. They are also used in many civilian applications such as dangerous tasks in nuclear plants, the demolition industry, and firefighting and rescue services.

Since its inception in 1988, InRob has worked closely with the Israel Defense Forces and the Israeli Police. As a result we have unique experience in a wide range of military and civilian law enforcement situations. The company's R&D Center is based in Israel.

InRob is ISO-9001 certified to design, manufacture and maintain electronic, optical and electro-mechanical equipment. We are also a certified supplier to the Israel Defense Forces and the Israeli Air Force.

Inrob Tech, Ltd., through its subsidiaries, provides engineering products and services for the maintenance of equipment, and the integration and production of advanced wireless control solutions for unmanned ground vehicle (UVR) robots for use in military and law enforcement applications. It offers remote control systems, complete robot systems, and customized solutions. The company also provides maintenance services for laboratory equipment, including testing and measurement equipment, temperature chambers, and x-ray equipment; industrial equipment, such as balance machinery, presses, cleaning equipment, and production lines; scientific and medical equipment, including spectrometry equipment, laser apparatuses, and analytical tools; closed circuit television systems, such as cameras, monitors, and traverse sensors; optical equipment, including cameras and boroscopes; command and control equipment, such as transmission and reception systems, control systems, and robots; audio equipment, including recording equipment, announcing systems, amplification systems, and sound systems; various other equipment, such as power generators, fail-safe products, projectors, and control rooms. In addition, it targets the civilian applications market, which includes solar powered equipment, as well as nuclear plant maintenance, inspection, and decommissioning; the demolition industry; and firefighting and rescue services. The company was founded in 1988 and is based in Las Vegas, Nevada.



Military/Para Military Applications
InRob has developed a dedicated robotic control system to convert Caterpillar's MTL 257B into an unmanned platform. The MTL is a compact multi-terrain, rubber-tracked machine designed for work in a broad range of applications and terrain conditions, including soft underfoot and slopes.


Civilian Applications
InRob has developed a dedicated robotic control system to convert Caterpillar's MTL 257B into an unmanned platform for the civilian market as well.


D9
Armored D9s have been used successfully in many combat engineering tasks in recent conflicts. Our innovative solution takes the armored D9 one step further by enhancing its military capabilities without risking human life.


FFR-1 Fire Fighting and Rescue Wireless Robot
FFR-1 is a unique robot designed for high-risk fire fighting missions. It allows firefighters to carry out very difficult operations which were previously impossible due to physical limitations.


Hornet MK-5
Small and durable, this robot is very maneuverable in small, awkward spaces. Its five degrees-of-freedom arm enables delicate movement for the most intricate tasks. The Hornet uses InRob's advanced remote control systems.


Vehicle Control Systems
Our wireless remote control systems use state-of-the-art technologies to provide real-time, precision control for a broad range of platforms.


Keter Paz Tractor
This wireless remote control system operates a standard mid-size tractor without endangering human lives, such as when working in mine-strewn or high-security risk areas.


Remote Control System
This small, easy-to-operate control unit supports precision wire/wireless remote control of the robot. The control unit consists of light-weight durable materials conforming to highest international standards.


ATSR (Advanced Training SCT Range)
ATSR provides a unique solution for tactical live ammunition training. It is an automatic range that can be permanent or portable. ATSR is a field proved training system and is used by the Israeli Special Forces, Elite Teams and other forces.


Telephone Control Systems
These systems are designed for control and command tasks using broadcasting sites. The system uses reception and broadcasting stations nationwide from a single base, by telephone lines.


Surveillance Systems
We develop and manufacture control packs for cameras and other surveillance equipment. These system support a range of client specific cameras and accessories, all operated by the control unit.


Video Surveillance System (VSS)
This system enables wireless transmission of video images from forward surveillance units to a command post several kilometers away.


Moving Target
This wireless railway car is another example of InRob's custom-designed systems. It is used for moving-target practice for tanks and other weapon systems.


Corner Shot
The Corner Shot applies InRob's experience in compact control systems. This unique system allows a shooter to identify, mark and shoot targets around a corner, without exposing himself to the enemy.
 

News:

03/05/2008
InRob Continues International Expansion: Secures Manufacturing Facilities in the Philippines

02/27/2008
InRob Issues Update on Marketing Progress

02/25/2008
InRob Supplies Critical Components for Mobile Surveillance System

02/14/2008
InRob Unveils Remote Controlled Target Practice System

12/28/2007
Form 8-K for INROB TECH LTD.


Features:


MOTOR TREND magazine
http://www.motortrend.com/features/newswire/91/31702/
http://www.motortrend.com/features/newswire/91/32929/



CNET - One mean, green mulching machine - http://www.cnet.com/8301-13639_1-9763465-42.html
http://www.cnet.com/military-tech/?categoryId=9753734



Robotics Trends magazine - http://www.roboticstrends.com/security_defense_robotics/article/inrob_tech_and_frontline_collaboration/


Encyclopedia.com
http://www.encyclopedia.com/doc/1P1-149333830.html - InRob Upgrades Remote Controlled Target Practice System
http://www.encyclopedia.com/doc/1P1-147460579.html - InRob Renews Service Contract with Israel's Parliament



Automotive.com - http://www.automotive.com/auto-news/02/32929/index.html



PC Week (Russia)
http://www.pcweek.ru/themes/detail.php?ID=102903


DefenseWorld.Net (India)
http://www.defenseworld.net/go/defensenews.jsp?n=InRob%20Tech%20Ltd.%20Showcases%20Major%20Homeland%20Security%20Products%20at%20DefExpo%202006&id=2802



Israeli Government
http://www.mod.gov.il/pages/mafat/pdfs/2006-12.pdf




Customers:


IDF (Israel Defense Forces) - http://dover.idf.il/IDF/English


Elbit Systems - http://www.elbitsystems.com/


Technion - http://www.technion.ac.il/


Rafael - http://www.rafael.co.il/marketing/Templates/Homepage/Homepage.aspx?FolderID=203


Israel Police - http://www.police.gov.il/english/


 





 

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IRBL
Current Price
Volume:
Bid Ask Day's Range
Wiki
PostSubject
#6267   Engine starting kar1234 03/01/14 04:45:52 PM
#6266   Sorry, this has become too infamous to pump anymore... money5607 08/24/13 11:44:40 AM
#6265   Oh lookie, another possible head fake.. kmanfm 05/29/13 11:46:19 AM
#6264   haha nat101 05/28/13 08:18:09 PM
#6263   Yay IRBL has action,57k $35..any day now... kmanfm 05/07/13 12:57:51 AM
#6262   Israel strikes Syria, looking for this terror defense CliffRaRaRa86 05/06/13 08:21:41 AM
#6261   It's looking that time of the year again! www.cnn.com/2013/05/03/world/meast/is moneyduh 05/04/13 01:51:31 AM
#6260   It's been a month ..I'm still waiting on kmanfm 05/03/13 10:23:07 PM
#6259   Finally a trade ..540k shares,another person getting out kmanfm 04/23/13 11:05:30 AM
#6258   YES-indeed, LambiePambie! IRBL makes Israeli Defense/Security products. Nabbbss 04/09/13 04:28:38 PM
#6257   A nice gain here. Something must be lambiepambie 04/09/13 04:26:22 PM
#6256   All I see it PPS share going down.. kmanfm 04/06/13 11:51:32 PM
#6255   Inside bids/asks growing larger. CliffRaRaRa86 04/05/13 12:53:08 PM
#6254   They're probably going to start pumping $IRBL for moneyduh 04/05/13 12:49:11 PM
#6252   confirmation IRBL today .0012 CliffRaRaRa86 04/02/13 12:39:01 PM
#6251   .002 r u kidding try 1-5 cents CliffRaRaRa86 04/02/13 11:41:07 AM
#6250   Oh I see .. Looks like .0015 is kmanfm 04/02/13 11:38:46 AM
#6249   Hmmm, Wow! Somethin-Happening here; What-it-is ain't exactly clear!$ Nabbbss 04/02/13 11:28:20 AM
#6248   Middle East tensions are rising. CliffRaRaRa86 04/02/13 11:20:33 AM
#6247   Starting to move again .. What's going on kmanfm 04/02/13 11:18:54 AM
#6246   Did they get him? ;) money5607 03/25/13 01:16:36 PM
#6245   Palestinians launch rockets into Israel during Obama visit . CliffRaRaRa86 03/21/13 07:55:30 AM
#6244   In the NEWS today Israel threatened by Syria's CliffRaRaRa86 03/20/13 08:04:25 AM
#6243   BIG BID @ .0006 CliffRaRaRa86 03/12/13 12:25:33 PM
#6242   This thing moves on air... Clark_Kent88 03/11/13 04:29:03 PM
#6241   Yes looking good again .. I got 200k kmanfm 03/11/13 03:44:30 PM
#6240   Keep an eye on IRBL as tensions in Clark_Kent88 03/04/13 12:48:15 PM
#6239   ISRAELI SECURITY THREAT GROWING EVER LARGER. CliffRaRaRa86 03/03/13 12:41:29 PM
#6238   Yes with Israel in Irans cross-hairs IRBL is CliffRaRaRa86 03/01/13 02:21:35 PM
#6237   Methinks I see palpable activity here. Nabbbss 03/01/13 11:54:48 AM
#6236   Someone knows something and is putting his money CliffRaRaRa86 02/28/13 01:29:08 PM
#6235   the next wave of p & d ... money5607 02/25/13 01:18:56 PM
#6234   ISRAELI SECURITY THREAT GROWING EVER LARGER. CliffRaRaRa86 02/20/13 09:51:09 AM
#6233   IRBL is in business and selling robotic machinery CliffRaRaRa86 02/04/13 12:28:11 PM
#6232   found it.....they are in DEFAULT again!!! norkel 02/02/13 08:47:17 AM
#6231   is this still active at the nevada sos norkel 02/02/13 08:37:35 AM
#6230   norkel 02/02/13 08:35:12 AM
#6228   We are at ground zero and going up! CliffRaRaRa86 01/31/13 03:13:55 PM
#6227   What is going on here kar1234 01/31/13 02:40:04 PM
#6226   I say get in now as it is CliffRaRaRa86 01/31/13 01:43:42 PM
#6225   If this can put up/sustain a full 2 Clark_Kent88 01/31/13 01:43:11 PM
#6224   Keeping an eye on this one folks. Please moneyduh 01/31/13 01:36:41 PM
#6223   $IRBL 2,110,000(@.0005) x 304,800(@.0007) GETTING EXCITING HERE FOLKS! moneyduh 01/31/13 01:18:47 PM
#6222   $IRBL 1,210,000(@0.0005) x 304,800(@.0007) 1,350,000 just bought on ask! moneyduh 01/31/13 01:16:23 PM
#6221   BOOM! SOMEONE'S BUYING BIG TIME! It's getting thinner...You're moneyduh 01/31/13 01:07:11 PM
#6220   It ran up a couple of years prior CliffRaRaRa86 01/31/13 01:05:59 PM
#6219   $IRBL 1,210,000 (@0.0005) x 500,000 (@.0006) moneyduh 01/31/13 01:04:52 PM
#6218   Thinking alike! This could go parabolic..any..day..now CliffRaRaRa86 :-). moneyduh 01/31/13 12:43:17 PM
#6217   very soon imo CliffRaRaRa86 01/31/13 12:41:02 PM
#6216   So when are they going to p&d this moneyduh 01/25/13 11:13:25 AM
PostSubject