Tuesday, July 04, 2017 11:29:42 AM
I first found Datatecnics / EGYF in December of 2015. They had just launched a new website describing their business plan in detail, and I began to research Muhammed Zulfiquar in detail. To date I have spent somewhere between 60-70 hours researching this stock, this technology, these patents and the charts technical analysis. For the sake of this sticky I will keep the contents brief and encourage you to fact check everything I'm laying out below.
A simple google patent search for "Mohammed Zulfiquar" yielded the following list of patents.
https://www.google.com/search?sclient=psy-ab&site&tbm=pts&source=hp&q=Mohammed+Zulfiquar&oq=Mohammed+Zulfiquar&gs_l=hp.12..0i10k1.44197.44197.0.45498.5.3.0.0.0.0.75.195.3.3.0....0...1.2.64.psy-ab..2.1.64.0.jLFBZA8FXTU&pbx=1&bav=on.2,or.&biw=1366&bih=599&dpr=1
I found tens of patents in the process of publication dating as far back as 2000. The most recent one published June 6th, 2017 is linked below.
https://www.google.com/patents/US9671068
If you take the time to read the 20+ patents you will realize Mohammad recognized the need for automated / live monitoring pipe infrastructure many years ago. As you will learn from doing some quick reading, oil theft / pipe failures alone is currently a multi-trillion dollar problem without a direct solution.
http://fuelfix.com/blog/2016/07/14/bp-estimates-cost-of-2010-gulf-oil-spill-at-61-6-billion/
http://oilprice.com/Energy/Energy-General/Massive-Oil-Theft-By-Pirates-Costs-Nigeria-15-Billion-Every-Month.html
With the help of Steverc we found the link between EGYF / Mohammad's Datatecnics on the Nevada SOS website. Recently at Nevada Secretary of State, the page for EGYF has changed. There is a name change and new owners have been listed.
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=865wKvm2v5TxweIgjyOE2g%253d%253d&nt7=0
Also, if you click on Action Amendments you will see the Authorized Shares have been decreased from 750M to 250M within the last 12 months.
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=865wKvm2v5TxweIgjyOE2g%253d%253d&CorpName=DATATECNICS+CORPORATION
This got me really excited. I started purchasing shares off the open market between .005 and .008 for the next few months while I continued to dig.
Then Mohammad Zulfiquar's name appeared under CEO on EGYF's security details page.
https://www.otcmarkets.com/stock/EGYF/profile
We then found that Datatecnics was already winning awards in the UK for its proprietary technology. They beat Google in 2015 for "Best Use of Technology in Risk Management", and then won again in 2016 for "Best Environmental Risk Initiative of the Year".
http://www.cirmagazine.com/riskmanagementawards/winners16.php
http://www.cirmagazine.com/riskmanagementawards/shortlist15.php
We then found an updated "Investors Relations" page on their website.
http://www.datatecnics.com/investorrelations.php
We then found out they were at the NIBA Conference in late February of 2017 seeking a 10 Million dollar private placement investment to get CIPPS AST System 10 into production.
I then found out in May of 2017 that they were using Baker Hostetler as their SEC registrant lawyer. Why is this important? Take a look at their client list.
https://www.law360.com/firms/bakerhostetler/clients
I encourage anyone to email investor relations with additional questions : sz@datatecnics.com
To put it lightly this is low float reverse merger with the authorized shares reduced to 250M and an outstanding float of only 71 million.
Couple that with evidence of Mohammad Zulfiquar purchasing the shell and then disclosing Datatecnics intentions of going public on the US market took it to another level.
Then realizing this is a 3 trillion dollar problem one man has been on the forefront of solving for the last 17 years? Sign me up. #WEAREDATATECNICS
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