Good Afternoon Investors,
I have taken the liberty to speak with Dino Paolucci Jr. (Vice President of Operations and Director of public Relations) and have set forth the following questions in-which I would like to share.
1. For those not familiar with D Mecatronics, please describe your company and its business model.
D Mecatronics was formed approximately four years ago and since inception has maintained its primary focus on supplying components, integrated systems and robotic modules to the worlds top ten automotive suppliers. The Company’s primary activities include designing, building, and installing tube related automated systems. D Mecatronics also offers products such as Seat Frame Systems, IP Tube systems and Integrated Bend - Weld Systems.
The company’s primary goal is to achieve superior financial results by building a high quality portfolio and an outstanding leadership team while following a sustainable business model. Its long term objective is to become a global enterprise through aggressive new product development, international expansion, and acquisitions.
D Mecatronics offers technology specific solutions to help customers dramatically accelerate production, lower operational costs, and increase revenues. The company’s automated systems can reduce manufacturing time from a few minutes to a few seconds as well as reduce retooling time from several weeks to several days.
Four years ago the Executive management team had been formerly working for a Company which was in existence for approximately 35 years, for personal reasons the former principal of the Corporation decided to step down, which left a void to be filled with an established customer base. At that time the D Mecatronics Executive management team decided to take on the Company and build it into the profitable enterprises you see today.
One point I would like to make clear to the investment community during this interview is that D Mecatronics has only been in business for four years, but the research and development that has been put into our product lines and our established relationship with our customer base has been in existence for approximately 35 years.
We are not your average company with an idea or concept looking for market acceptance but to the contrary have a proven product (with many years of development put into it) and a very reputable client base that have grown to depend on our innovative technologies and abilities to offer manufacturing solutions.
2. Tell us about your background and the backgrounds of other key members of the management team.
The Company’s management team is made up of seasoned professionals who have extensive experience and success in managing organizations. Our knowledge and insight assist in the creation of products and services that meet customers’ toughest challenges.
I would like to begin answering the following question in order of seniority.
First are the President and CEO of D Mecatronics Mr. Berardino Paolucci.
Mr. Paolucci was previously with Dieco Technologies where he held the position of Vice President of Manufacturing Operations during his term from 1992 to 2004. He has experience of over three decades in finance, manufacturing, exports, precision engineering and other areas. Mr. Paolucci has been the Principal founder and Managing Director of a number of private and public companies, and has held directorship in other leading companies.
Next is Mr. Drasko Karanovic Chief Operation’s officer of D Mecatronics.
Mr. Karanovic has an engineering degree with 15 years of progressive design, supervisory and management experience in the engineering field. Mr. Karanovic possesses an in-depth and comprehensive knowledge in engineering technology with strong management, communication, interpersonal and customer service skills. Mr. Karanovic has exceptional knowledge of CAD systems; extensive tooling engineering and development expertise.
Formerly Mr. Karanovic held a senior position as Engineering Vice President for Dieco technologies during his term from 1993 to 2004.
Myself, I am Vice President of Operation’s and the Director of Public Relations.
I am an entrepreneur and world wide marketing consultant who has operated and founded many successful organizations. I have held several senior positions including Vice President of marketing and Director of Public relations, for a number of private and publicly trading companies. I have many years involvement in corporate finance and the financial services industries. I have consulted in a corporate finance capacity with numerous public companies on the OTCBB and Pink sheets.
3. Let's talk about what the company achieved so far in 2007.
2007 was a defining year for D Mecatronics and its developments into the future. During the past year we have set and surpassed milestones in regards to financial conditions, continued customer acceptance, a doubling in manufacturing size and capacity while establishing relations with new customers and we attribute this to continued interest in our superior products and services.
By the end of second quarter 2007 we have had sales orders exceeding 5 million dollars and feel that we are on target to reach our sales forecast of 10 million dollars for 2007, and if we are able to meet our forecasted sales for fiscal year end 2007 that would put D Mecatronics in a doubling figure versus 2006.
Furthermore during 2007 we have more then doubled our manufacturing size and capacity which was made necessary due to the increased demand for D Mecatronics integrated systems and substantial growth in sales.
Our facility expansion is a continuation of D Mecatronics dedication to meeting our client’s requirements for the development and manufacturing of automated manufacturing solutions. As well our facility expansion closely followed the completion of a project in Mexico for the Brown Corporation, which represents one of the first stages of D Mecatronics Global expansion.
With that it brings us to our most recent material development which pertains to a buyout offer of all of D Mecatroncis issued and outstanding stock.
D Mecatronics have been approached by a European investment firm whom have expressed interest in purchasing all of the issued and outstanding stock of our corporation for a total dollar amount of 120,000,000, which when you divide that by the entire amount of issued and outstanding gives you an estimated price per share of approximately $.49 .
In closing as you can clearly see their have been a number of very exciting developments in our company during 2007.
4. What are the goals for the company for the rest of 2007?
With the most recent developments our primary focus is to move forward aggressively with the potential buy-out, but to more-over continue to focus on the fundamental core growth of our Company in order to maximize value for our shareholders.
