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Re: None

Saturday, 02/01/2014 5:20:46 PM

Saturday, February 01, 2014 5:20:46 PM

Post# of 36783
Here's probably the best piece of research we have found on the recent revenue and employee numbers for Cetek. I found this information in August of 2013 which means it probably reflects the revenue numbers for 2012.

For some reason the first link isn't working, probably because there is a new link for 2013 information, but I did copy the information that was out there at the time, so it is still available...

WhatsCookin
Saturday, 08/03/13 10:49:09 AM
Re: None
Post # of 18808

Bingo. The revenue number below is from a publication called the New York US Business Directory and does not appear to be just an estimation of revenues, as the numbers appear to be from some local governmental entity. I googled the US Business Directory and it's something you can download for $199 with information on all the businesses in each of the fifty states. It shows Cetek having annual revenues of $6,148,000 and 29 employees. The employee number seems a bit higher than the 25 employees that seems to be the best estimate for the number of employees at Cetek in Poughkeepsie over the last several years. But given the recent hiring spree, that might be where it is now.

The employee number does not appear to include Hybrid-Tek where we know there are at least 12 additional employees. So...the $6.148 million in revenues probably doesn't include Hybrid-Tek's revenues, and that would mean that Cetek's total sales could approximate or even exceed $10 million dollars. Since this is from the New York businesses database, it's probably a reasonable assumption that it wouldn't include taxable dollars being generated in another state. (But even if it does include Hybrid-Tek's revenues, I think we'd all be thrilled to have a revenue number above $6 million or approximately .001 a share.) I definitely like the idea that here is a number that isn't a range or rounded to the millions, but a very specific number rounded to the thousands. That implies to me that they have an accurate source of data. Here's the link: http://ny.mingluji.com/m/category/sic/346909_-_Machine_Parts-Whsle_%2526_Mfrs

•Company Name: Cetek
•SIC Code - Business Types: 346909 - Machine Parts-Whsle & Mfrs
•Number of Employees: 29 Persons
•Gross Annual Sales: USD $ 6,148,000
•Telephone: 8454523510 (845)452-3510
•Fax: 8454523524 (845)452-3524
•Website: www.cetektechnologies.com
•Country: U.S.A. - United States
•State: NY - New York
•County: Dutchess
•City: Poughkeepsie
•Address: 19 Commerce St
•ZIP Code: 12603-2608
•Contact Person: Fayiz Hilal
•Contact Title: CEO
•Contact Gender: Male

I also found this employment information about Hybrid-Tek, although it does not provide revenues. Since it is from the local Millstone Township Yellow Pages, there is no reason to doubt this is an accurate number, probably provided by Hybrid-Tek. It shows Hybrid-Tek having 16 employees, or growth of about 33% since the days when there were 12 employees.

http://listings.allpages.com/nj-96H0367749-millstone-township.html