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Imo it's not a scam. But I believe that Surety is behind the games being played here since the trading patterns are very strange. Hopefully ABKI management will wise up and drop Surety.
are surety financial shorting ABKI like they very likely did WG&S?
ABKI management should dump surety financial as IR immediately and make sure rotthouse and crew are not manipulating their stock.
funny how ABKI trades at such a discount when it has enormous potential.
dump the bear-raiding crooks from reisterstown, maryland.
Another Surety POS SCAM run by Rothouse. I wonder how many shares were dumped while he pumped this turd to everyone from 1.20 to .50
Surety Financial is handling IR for ABKI. That means ABKI could very well be listed on the naked short selling Berlin Exchange and shorted to .0001 crushing retail shareholders followed by a massive reverse split wiping out all ABKI retail shareholders.
I wouldn't touch anything that's in the hands of Surety Financial. They are the retail shareholder kiss of death.
I would sell ABKI while you can and run from this play and any Surety stock as fast as you can. You will be a bag holder.
i urge people to call ABKI management and let them know who their IR firm is, a bunch of retail-raping crooks, and then then next step is to contact the FBI about surety:
http://www.fbi.gov/stats-services/publications/securities-fraud/securities-fraud-awareness-prevention-tips
if things play out with ABKI like they have on WGAS, the surety wrecking crew will be shorting ABKI while they go around coercing retail shareholders to "hit the ask".
instant wealth-destruction.
these guys are disgusting pieces of shit.
Roping in innocent companies and working behind the scenes to short them. Illegal scumbags for sure. Who the F would trust one word out of their taps after PGTK and WGAS. Ultimate scams that they shorted from the Berlin Exchange.
Dirtbags
well, i absolutely agree with you, but rather than surety reflecting badly on ABKI, i think ABKI just needs to dump their SCAM IR firm before the FBI takes Surety Financial to the woodshed.
http://www.suretyfingroup.com/index.html
if anyone is curious how Surety operates, they should take a look at the WGAS board here on ihub.
ron schultz, bruce weinstein, warren rothouse -- all of them are stock manipulating, offshore-shortselling, scumbag crooks and should be in prison imo.
Pretty sure this is another Surety Financial SCAM play. Holy shit if anyone knew the history of Surety Financial : Warren Rothouse & Ron Shultz they would run away from this one ASAP.
Everyone should google the above names. There is credible evidence now that they are being investigated by SEC and FBI for the other company that Warren Rothouse sits on the board.
aerospace metal coatings are going to be HUGE.
http://www.academia.edu/1720730/NEW_TREND_OF_METAL_COATING_IN_AEROSPACE_COMPONENT
awesome website.
http://abakaninc.com/
not sure, but i think it's a low floater.
Agreed.
Check out amtx for another real investment. They uplisted last month and still a bargain with $1.60 - $1.80 EPS this year.
I just bought some this morning at .89 before the big dumps. What do they know that I don't?
Thanks for the heads up.
Just a bro looking out for a bro you might want to hurry.
Word on the street from my broker is they are having a plant grand opening in August.
After that anything under a dollar might not happen ever again.
Have a couple weeks but I wouldnt push it.
Yeah been looking here everyday. Just waiting for my other two sh*ty plays to breakeven or pay out then Im on board. Wish the best here.
I already made up my mind and bought some.
Wait until they end up on Nasdaq.
This website saddens me.
So many people people got their head so far up their ass trying to find a stock that will go from 002 to 004 in a week that they miss out on the opportunities provided by real companies with real products making real money.
It's a time investment though until production really gets going and I'm ok with that. The taxing is better anyway.
I'm already on the boat and there are tons of reasons to like this stock IMO.
Uplist being among them.
Might take a year or so though.
Would love to get in at these prices, IMO soon,, ABKI will uplist, they just need to keep it above a buck. Im straped for cash currently and waiting on a couple other plays to play out. As soon as they do I will be comming aboard...
Still watching? What is your rationale? They do seem to have a lot of interest.
Abakan, Inc. [$ABKI] due diligence
bullish
golden cross forming
http://www.trade-ideas.com/glossary/golden-cross/
making second attempt at breaking 200-moving average while bullish (usually successful)
http://stockcharts.com/school/doku.php?st=moving+average+break&id=chart_school:technical_indicators:moving_averages
pennant forming ready to make a measured move
http://stockcharts.com/school/doku.php?st=pennant&id=chart_school:chart_analysis:chart_patterns:flag_pennant_continuation
http://stockcharts.com/school/doku.php?st=measured+move&id=chart_school:chart_analysis:chart_patterns:measured_move_-_bullish_continuation
targets previous resistance areas 2.11, 3.51
$ABKI
DD Notes ~ http://www.ddnotesmaker.com/ABKI
##### recent news/filings ~ source: finance.yahoo.com
Tue, 10 Jun 2014 17:08:59 GMT ~ Abakan Accelerates Business Development in Mexico
[GlobeNewswire] - MIAMI -- Abakan Inc. (OTCQB:ABKI) ("Abakan"), an emerging leader in the advanced coatings and metal formulations markets, today announced that Abakan, along with its Central American partner, ...
read full: http://finance.yahoo.com/news/abakan-accelerates-business-development-mexico-170859361.html
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Mon, 02 Jun 2014 13:00:00 GMT ~ Abakan Increases Direct Ownership in MesoCoat to 87.5% Through Conversion of Investment and Partial Exchange of Powdermet Interest.
[GlobeNewswire] - MIAMI -- Abakan Inc. (OTCQB:ABKI) ("Abakan"), an emerging leader in the advanced coatings and metal formulations markets, today announced that it has increased its ownership position in its majority ...
read full: http://finance.yahoo.com/news/abakan-increases-direct-ownership-mesocoat-130000412.html
*********************************************************
Wed, 28 May 2014 12:30:00 GMT ~ Abakan Technology Receives Further Validation From NASA
[GlobeNewswire] - MIAMI -- Abakan Inc. (OTCQB:ABKI) ("Abakan"), an emerging leader in the advanced coatings and metal formulations markets, today announced that its majority owned subsidiary, MesoCoat Inc. ("MesoCoat"), ...
read full: http://finance.yahoo.com/news/abakan-technology-receives-further-validation-123000069.html
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Tue, 27 May 2014 13:42:00 GMT ~ Abakan Addresses Crucial Need for Next-Gen Surface Engineering in Critical Infrastructure
[Accesswire] - WHITEFISH, MT / May 27th, 2014/ Abakan, Inc. (OTC: ABKI) has positioned itself to quickly become a top player in the growing $150B global market for advanced metal coatings and formulations by putting ...
read full: http://finance.yahoo.com/news/abakan-addresses-crucial-next-gen-134200478.html
*********************************************************
Thu, 15 May 2014 18:00:00 GMT ~ Abakan Appoints Upstream Oil and Gas Veteran to Board of Directors
[GlobeNewswire] - MIAMI -- Abakan Inc. (OTCQB:ABKI) ("Abakan"), an emerging leader in the advanced coatings and metal formulations markets, today announced that it has appointed oil and gas industry veteran, Dr. ...
read full: http://finance.yahoo.com/news/abakan-appoints-upstream-oil-gas-180000645.html
*********************************************************
##### chart ~ source: stockcharts.com
##### chart ~ source: eoddata.com
##### company info ~ source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/ABKI/company-info
Ticker: $ABKI
OTC Market Place: OTCQB
CIK code: 0001400000
Company name: Abakan, Inc.
Company website: http://www.abakaninc.com
Incorporated In: NV, USA
##### extra dd links
Edgar filings: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001400000&owner=exclude&count=40
Latest filings: http://www.otcmarkets.com/stock/ABKI/filings
Latest financials: http://www.otcmarkets.com/stock/ABKI/financials
Latest news: http://www.otcmarkets.com/stock/ABKI/news - http://finance.yahoo.com/q/h?s=ABKI+Headlines
Major holdings: http://data.cnbc.com/quotes/ABKI/tab/8.1
Insider transactions (1): http://finance.yahoo.com/q/it?s=ABKI+Insider+Transactions
Insider transactions (2): http://www.secform4.com/insider-trading/ABKI.htm
Insider transactions (3): http://www.insidercow.com/history/company.jsp?company=ABKI
RegSho: http://www.regsho.com/tools/symbol_stats.php?sym=ABKI&search=search
DTCC: http://search2.dtcc.com/?q=Abakan%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information: http://www.spoke.com/search?utf8=%E2%9C%93&q=Abakan%2C+Inc.
Corporation WIKI: http://www.corporationwiki.com/search/results?term=Abakan%2C+Inc.&x=0&y=0
WHOIS: http://whois.domaintools.com/http://www.abakaninc.com
Alexa: http://www.alexa.com/siteinfo/http://www.abakaninc.com#
Corporate website internet archive: http://web.archive.org/web/*/http://www.abakaninc.com
Short Sales: http://www.otcmarkets.com/stock/ABKI/short-sales
Insider Disclosure: http://www.otcmarkets.com/stock/ABKI/insider-transactions
Research Reports: http://www.otcmarkets.com/stock/ABKI/research
Historical Prices: http://finance.yahoo.com/q/hp?s=ABKI+Historical+Prices
Basic Tech. Analysis: http://finance.yahoo.com/q/ta?s=ABKI+Basic+Tech.+Analysis
Company Profile: http://finance.yahoo.com/q/pr?s=ABKI+Profile
Key Statistics: http://finance.yahoo.com/q/ks?s=ABKI+Key+Statistics
Industry: http://finance.yahoo.com/q/in?s=ABKI+Industry
Insider Roster: http://finance.yahoo.com/q/ir?s=ABKI+Insider+Roster
Income Statement: http://finance.yahoo.com/q/is?s=ABKI
Balance Sheet: http://finance.yahoo.com/q/bs?s=ABKI
Cash Flow: http://finance.yahoo.com/q/cf?s=ABKI+Cash+Flow&annual
Market Watch: http://www.marketwatch.com/investing/stock/ABKI
Bloomberg: http://www.bloomberg.com/quote/ABKI:US
Morningstar: http://quotes.morningstar.com/stock/s?t=ABKI
Bussinessweek: http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=ABKI
Barchart: http://www.barchart.com/quotes/stocks/ABKI
OTC Short Report: http://otcshortreport.com/index.php?index=ABKI
Investopedia: http://www.investopedia.com/markets/stocks/ABKI/?wa=0
http://www.pennystocktweets.com/stocks/profile/ABKI
##### last known share structure ~ source: otcmarkets.com
Market Value: $84,465,470 a/o Jun 11, 2014
Shares Outstanding: 60,766,525 a/o Apr 16, 2012
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.0001
##### business description ~ source: otcmarkets.com
DD Notes ~ http://www.ddnotesmaker.com/ABKI
e
Got my eye on this one daily. Just may be looking to get in, in the near future... This company looks good for an up-list IMO. Just hope I can get in at a little lower PPS...
I hope everyone caught the impact of this news:
MesoCoat Inc. Ranked #15 Fastest-Growing Manufacturing Company in the Annual Inc. 500|5000 list of Fastest-Growing Companies ...
Date : 08/22/2013 @ 8:30AM
Source : GlobeNewswire Inc.
Stock : Abakan, Inc. (QB) (ABKI)
http://ih.advfn.com/p.php?pid=nmona&article=58913989
This is probably some shorts that will realize they will have to cover soon because this is a real deal thats going places. So great level to get some.
Of this drops anymore, I am going to have to buy more. This company is going places, people just don't know about it
I didnt miss it, really like this company... Will be picking up some soon.
More good news that went unnoticed.
Abakan Announces Incorporation of MesoCoat Coating Services Inc. to Accelerate Entry in the High Value Coating Services Marke...
Abakan Inc. (OTCQB:ABKI) ("Abakan"), an emerging leader in the advanced coatings and metal formulations markets, today announced the incorporation of a new subsidiary, MesoCoat Coating Services Inc. (MCS), to provide thermal spray coating services using its multiple award-winning nanocomposite PComP™ coating materials to improve component longevity and to combat corrosion and wear in the oil and gas, mining, aerospace, chemicals, metal processing and metal finishing industries.
MCS will provide wear- and corrosion-resistant coating application services utilizing conventional thermal spray powders, as well as proprietary PComPTM nanostructured coating materials. MCS already has a fully functional thermal spray coating facility with one coating cell in Euclid, Ohio, and plans to expand operations with the addition of two thermal spray coating cells and other surface preparation and finishing equipment for larger components that will be capable of handling 40-foot components. MesoCoat is currently expanding its PComP™ powder production capacity six fold to 30 tons per year, and expects to expand it further in early 2014 to 160 tons per year; spearheaded by increasing demand from oilfield equipment manufacturers and other original equipment manufacturers (OEMs). The significant interest in PComP materials has led to more than six months' worth of back orders.
"With the increased development of the Utica and Marcellus shales; Pennsylvania, Ohio and other mid-western states have become key epicenters of oil and gas exploration and production," said Andrew Sherman, CEO of MCS. "The companies operating in these plays need a regional partner for timely repair and refurbishment of critical equipment. Currently, drills and other exploration components in need of replacement need to be shipped to Houston, creating delays that lead to expensive downtime."
"The global $32 billion inorganic metal finishing market is in dire need of transformative materials and processes," said Curtis Glasgow, MesoCoat's GM of Component Manufacturing. "MCS will provide a local hub for longer-lasting coatings leading to reduced inventory and coating times, increased operational productivity, reduced losses, and additional local jobs."
Abakan's PComP™ family of nanocomposite materials is the foundation for coatings that offer 3-80 times higher performance than current coatings for wear and corrosion resistance, such as conventional thermal spray coating, chrome plating, physical vapor deposition and other applications. The coatings combine very fine, near nano-scale ceramic particles with metal binders in a specific, hierarchical structure that provides the extreme hardness of a ceramic such as diamond or glass, but also the toughness of steel or similar metals. PComP has won multiple trade and industry awards, and in 2012, PComP's received an R&D 100 award recognizing it as the most significant materials science innovation of the year.
The PComP™ family of coatings is used for OEM components in mechanical, pumping and fluid control systems, as well as for dimensional restoration and life extension of worn components, making them "better than new." In the near future, MCS plans to expand operations into Houston and into other key markets in North America and abroad.
With that good news this a good entry point! I'm sure it will get back to $3.20 in no time. Keep your eyes on it.
Looks like its climbing back to $3 again was great entry point at 2.65.
Looking good...
Looks like a good entry point.
3rd time this month taking a dip down to 2.70. Great price to pick some up before it goes to $3 again.
Abakan Lights-Up Its First Clad Pipe Manufacturing Facility in Ohio
MIAMI, April 25, Apr 25, 2013 (GLOBE NEWSWIRE via COMTEX) -- Abakan Inc. (OTCQB:ABKI) ("Abakan"), an emerging leader in the advanced coatings and metal formulations markets, today announced the first test-run of its CermaClad(TM) high-intensity arc lamp ahead of the opening of its first clad pipe manufacturing plant on Friday, April 26, 2013 in Euclid, Ohio.
Please click the following link to view the clad pipe manufacturing process in the Euclid plant:
Powdermet Announces Partnerships to Commercialize Breakthrough Nano-Composite Materials for Energy Efficiency
The U.S. Army, the U.S. Department of Energy and the U.S. Navy to Work With Powdermet to Develop Energy Storage and Materials Technologies
MIAMI, June 7, Jun 07, 2013 (GLOBE NEWSWIRE via COMTEX) -- Abakan Inc. (OTCQB:ABKI) ("Abakan"), an emerging leader in the advanced coatings and metal formulations markets, today announced that its subsidiary Powdermet has secured several significant partnerships with corporate, government and military agencies to advance commercialization of its EnComp Energetic nanocomposites and MComP Microcomposite materials for use in high-density energy storage and energy-efficient mechanical bearing markets.
These partnerships including the U.S. Army, the U.S. Department of Energy and the U.S. Navy further validate the potential impact of these advanced materials. The disruptive material science platforms developed by Powdermet and its partners have applications in industries such as Energy, Defense, and Transportation among others.
"Powdermet has been at the forefront of technical innovation for the past decade, and our expertise in nanotechnology and advanced materials development has attracted top-tier partners," said Robert Miller, CEO of Abakan Inc. "The company is now focused on commercializing several of its technology platforms following our successful research and development which have shown very impressive results for these platforms. We expect to serve multi-billion dollar markets across a variety of industries."
Powdermet's EnComp Energetic nanocomposite materials improve both the energy density and the power density of batteries. Powdermet has partnered with the U.S. Army to develop applications requiring instant-on storage of a large amount of electrical energy at high voltages for long periods of time without significant current leakage. Powdermet has utilized its nanoparticle synthesis and controlled dispersion processing capabilities to demonstrate melt-processable nanoparticle-filled engineered composite film dielectrics showing 20 to 30 J/cc of energy density, highlighting the opportunity for the technology to vastly improve energy storage technologies for the transportation and renewable energy sectors.
In addition to these initial defense applications, nanodielectric materials for smart grid applications are expected to represent a $500 million market by 2017 according to NanoMarkets. The nanodielectric materials are expected to have several other applications, replacing and enhancing batteries in the electric vehicle, consumer electronics and other industries, cumulating to a more than $1 billion market for nanodielectrics in the next five to seven years.
Additionally, Powdermet's long-term collaboration with Michigan State University also received investment from the Department of Energy to further develop critical nanocomposite separators needed for ultra-high power density multivalent batteries based on ionic liquids. Multivalent batteries enable an order of magnitude increase in the power density of batteries, enabling the handling of high power loads in smaller, lighter, lower cost devices. This technology complements Powdermet's ongoing efforts to develop encapsulated nanocomposite anode and cathode materials addressing needs within the $100 billion global advanced battery manufacturing value chain.
Finally, Powdermet's MComP Microcomposite cermet (ceramic-metal) materials provide the friction and wear performance equivalent to advanced, diamond-like carbon coatings, but with the toughness, strength and formability of metals. Powdermet has partnered with the U.S. Navy to provide a solution to contamination issues in spherical plain airframe bearings using advanced coatings that have already been commercialized through Abakan subsidiary MesoCoat. These nanocomposite cermet materials have applications across the transportation, energy, military, construction and other sectors for reducing friction and extending the life of, or eliminating the need for lubricants, in highly stressed systems.
About Abakan Inc.
Abakan develops, manufactures, and markets advanced nanocomposite materials, innovative fabricated metal products and highly engineered metal composites for applications in the oil and gas, petrochemical, mining, aerospace and defense, energy, infrastructure and processing industries. Abakan's technology portfolio currently includes high-speed, large-area metal cladding technology; long-life nanocomposite anti-corrosion and-wear coating materials; and high-strength, lightweight metal composites. Abakan's products have demonstrated longer life, higher productivity and extremely high strength-to-weight ratios compared to competing technologies. The Abakan group of companies has been honored by The Wall Street Journal for being the #1 Manufacturing Innovation across the globe, by Forbes as the #1 Most Promising Material Science Company in the United States and has received numerous other trade, industry and technology awards including five R&D 100 Awards and a Technology Innovation Award from the National Institute of Standards and Technology. Over $50 million has been invested in product development and testing by federal agencies, national labs and our companies in order to deliver products that offer improved performance over the current state of art. Abakan has successfully introduced its metal coatings for metal asset protection and life-extension in the oil and gas and mining industries, and is currently focusing on the scale-up and commercialization of its highly disruptive metal cladding products for the oil and gas, oil sands, mining and chemical industries. Abakan currently operates from multiple locations in United States and Canada, and intends to expand global operations in South America, Canada, the Middle East, and the Asia-Pacific.
Abakan Inc. is on Facebook
Abakan Inc. is on Twitter
Forward-Looking Statements:
A number of statements contained in this press release are forward-looking statements. These forward looking statements involve a number of risks and uncertainties including technological obsolescence, market acceptance of future products, competitive market conditions, and the sufficiency of capital resources. The actual results Abakan may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. Abakan encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-K and Form 10-Q. Abakan's public filings may be viewed at www.sec.gov.
Abakan's CermaClad Clad Pipe Manufacturing Technology Wins the AMM Steel Excellence Award of the Year
CermaClad High-Speed Large-Area Cladding Technology Wins the Best Process Innovation of the Year at American Metals Market's Steel Excellence Award
MIAMI, June 24, Jun 24, 2013 (GLOBE NEWSWIRE via COMTEX) -- Abakan Inc. (OTCQB:ABKI) ("Abakan"), an emerging leader in the advanced coatings and metal formulations markets based in Miami, today announced that its CermaClad(TM) high-speed large-area metal cladding technology has received the Steel Excellence Award from American Metal Market (AMM) under the 'Best Process Innovation category'; where other notable winners in other categories included the number one steel manufacturer ArcelorMittal, Nucor Corporation, and AK Steel Holding Corporation.
Abakan's CermaClad(TM) clad pipe manufacturing technology won this highly prestigious award as it delivers up to two orders of magnitude higher productivity, outstanding mechanical and metallurgical properties in the final product, and a host of other high value benefits such as ease in inspection, reeling, and installation of clad pipes. CermaClad(TM) technology uses a high intensity plasma arc lamp to rapidly melt, fuse, and metallurgically bond corrosion-resistant (CRA) and wear-resistant materials to metal substrates, including pipes. The technology addresses the large and increasing demand-supply gap for corrosion resistant alloy (CRA) clad pipes in general, and more importantly, it addresses the huge demand for large-diameter and thick-walled CRA clad pipes, which are extremely difficult to manufacture, inspect, reel, and install using existing technologies.
"This latest award further validates the significant impact that our CermaClad technology can have on improving production times, quality, cost efficiencies, and deepwater installation of clad pipes, greatly benefiting the rapidly growing $4 billion metal cladding industry," said Robert Miller, CEO of Abakan. "The global oil and gas capital expenditure is increasing at the rate of 15-20% a year, expected to be $1.2 trillion in 2013. The trend of increasing capital expenditure is expected to continue for the foreseeable future, especially driven by reserves that are more corrosive, hotter, deeper, and farther away from the shore. Almost 40% of the $1.2 trillion capital expenditure will be directed towards deepwater pipelines of which clad pipes for risers and flowlines constitute a significant portion; and that makes our CermaClad(TM) CRA clad pipe vital for production from these reserves."
This April, MesoCoat commissioned its first large-scale CermaClad manufacturing facility in Euclid, Ohio. This plant will serve as a critical pathfinder for full qualification and market entry of 12-meter CermaClad seamless clad pipes. In addition to the Euclid plant, MesoCoat is currently planning to build an additional four-line facility in Brazil.
In its fourth year, the American Metals Market (AMM) Awards for Steel Excellence recognize processes, products and business developments that have made a profound impact on the steel industry. Each year, an independent panel of industry experts submits nominations, and this year there were a record number of nominations for this highly prestigious award. AMM has provided subscribers with the latest metal industry information, news and pricing since 1882 and is a sister publication to London-based Metal Bulletin and a subsidiary of international publishing group Euromoney Institutional Investor.
About Abakan Inc.
Abakan develops, manufactures, and markets advanced nanocomposite materials, innovative fabricated metal products and highly engineered metal composites for applications in the oil and gas, petrochemical, mining, aerospace and defense, energy, infrastructure and processing industries. Abakan's technology portfolio currently includes high-speed, large-area metal cladding technology; long-life nanocomposite anti-corrosion and-wear coating materials; and high-strength, lightweight metal composites. Abakan's products have demonstrated longer life, higher productivity and extremely high strength-to-weight ratios compared to competing technologies. The Abakan group of companies have been honored by The Wall Street Journal for being #1 Manufacturing Innovation across the globe, by Pipeline Industries Guild as the Top Subsea Pipeline Technology, by Forbes as the #1 Most Promising Material Science Company in the United States and has received numerous other trade, industry and technology awards including 5 R&D 100 Awards and a Technology Innovation Award from National Institute of Standards and Technology. Over $50 million has been invested in product development and testing by federal agencies, national labs, and our companies in order to deliver products that offer improved performance over the current state of art. Abakan has successfully introduced its metal coatings for metal asset protection and life-extension in the oil and gas and mining industries, and is currently focusing on the scale-up and commercialization of its highly-disruptive metal cladding products for the oil and gas, oil sands, mining, and chemical industries. Abakan currently operates from multiple locations in United States and Canada, and intends to expand global operations in South America, Canada, Middle East, and Asia-Pacific.
Forward-Looking Statements:
A number of statements contained in this press release are forward-looking statements. These forward looking statements involve a number of risks and uncertainties including technological obsolescence, market acceptance of future products, competitive market conditions, and the sufficiency of capital resources. The actual results Abakan may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. Abakan encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-K and Form 10-Q. Abakan's public filings may be viewed at www.sec.gov.
Abakan, Inc. Company info read more here. http://www.abakaninc.com
Abakan develops, manufactures, and markets advanced nanocomposite materials, innovative fabricated metal products, and engineered metal composites for applications in oil and gas, petrochemical, mining, aerospace and defense, energy, infrastructure and processing industries.
Abakan’s technology portfolio currently includes high-speed large-area metal cladding technology, long-life nanocomposite anti-corrosion and-wear coating materials and high-strength lightweight metal composites. Abakan’s products have demonstrated up to 80 times longer life, up to 40 times higher productivity and extremely high strength-to-weight ratios compared to competing technologies.
Abakan group of companies have been ranked #1 by the Wall Street Journal for Global Manufacturing Innovation, by Forbes as the #1 most promising material science and nanocomposite company in the U.S; have received over 30 trade, industry, and technology awards including 5 R&D 100 Awards, and a technology innovation award from National Institute of Standards and Technology; and over $70 million has been invested in research and development including over $30 million in highly competitive federal awards.
Looking for a good entry point.
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AboutAbakan expects to become a leader in the multi-billion dollar* advanced coatings and metal formulations markets as a result of its investment in MesoCoat, Inc. (“MesoCoat”) and Powdermet, Inc. (“Powdermet”). MesoCoat and Powdermet each have the potential to substantially impact the surface engineering and energy management needs of Fortune 1000 companies and government entities. Towards this end, Abakan is actively involved in supporting their R&D, market development, and commercialization efforts. Abakan has to date acquired a 52.5% controlling interest in MesoCoat and a 41% non-controlling interest in Powdermet. Since Powdermet owns 47.5% of MesoCoat, Abakan’s interest in Powdermet represents an additional 19.5% indirect interest in MesoCoat. Investment StrategyEvery new opportunity is evaluated based on several investment criteria’s. Prospective companies must have individual market solutions intended to solve critical industry problems and have the potential to generate at least $100 million in revenue within five years of investment. Most companies that are ultimately included in the Company’s investment portfolio will have more than one market solution. We are therefore restricted to firms that have established R&D programs, with a preference for firms that have solutions in final stages of R&D development or in pilot-scale production. The Company is directing its attention to owners that are willing to accept a multi-phased investment option while guaranteeing operational control. We plan to support these technology-centric R&D opportunities and investments with our own corporate strategy, market development, licensing and contracted support MissionAbakan’s ("the Company") mission is to become a leader in the $150 billion metal protection and life extension by assembling controlling interests in a small number of next-generation technology firms. Abakan will support the market development and commercialization efforts of the firms and companies in which it invests by aggressively supporting their research and development, market development, and commercialization efforts. We will also proactively seek out and invest in innovative technology and R&D firms to expand our share and segment control in the industry.
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DAILY | WEEKLY | |
June 24, 2013 Abakan’s CermaClad™ Clad Pipe Manufacturing Technology Wins the AMM Steel Excellence Award of the Year
June 07, 2013 Powdermet Announces Partnerships to Commercialize Breakthrough Nano-Composite Materials for Energy Efficiency
April 25, 2013 Abakan Lights-Up its First Clad Pipe Manufacturing Facility in Ohio
April 17, 2013 MesoCoat to Work with Nation’s Top Organization for Materials Joining and Welding
April 08, 2013 Abakan Contracts to Build Large-Scale Clad Pipe Facility in Brazil
April 01, 2013 CermaClad™ Clad Pipes Win Pipeline Industries Guild's "Subsea Pipeline Technology of the Year" Award
March 05, 2013 Abakan Adds World-Renowned Welding Expert Damian Kotecki to Board of Advisors
February 26, 2013 MesoCoat Achieves AS9100C and ISO 9001:2008 Certifications
February 05, 2013 Abakan Subsidiary MesoCoat Expands Executive Team With Appointment of New Chief Operating Officer
December 20, 2012 Abakan Adds Corporate Finance, Entrepreneurial and Legal Experts to Board of Advisors
December 14, 2012 Abakan Subsidiary MesoCoat Set to Launch First Full-Scale Pipe Cladding Facility in Euclid, Ohio
December 11, 2012 Abakan Inc. to Start Engaging Investors on BoardVote
December 07, 2012 Abakan Bolsters Leadership Team With Appointment of CFO and Director
October 16 2012 Abakan sub MesoCoat wins first prize in Wall Street Journal’s global Technology Innovation Awards for Manufacturing Technology
October 04, 2012 Abakan Closes $1 Million Loan to Complete its First Full-Scale Clad Pipe Manufacturing Facility
October 01, 2012 Abakan Files for NASDAQ™ Capital Market Listing
August 09, 2012 Abakan Appoints Jeffrey Webb to Board of Directors
July 25, 2012 Abakan Announces the Passing of Theodore Sarniak
July 23, 2012 Abakan Adds Prominent Consultant to Board of Advisors
June 25, 2012 Abakan's (ABKI) Mesocoat/Powdermet's "PComP" Nanocomposite Coatings Win 2012 Prestigious R&D 100 Award
June 18, 2012 Abakan Appoints David Charbonneau to Board of Directors
May 21, 2012 Powdermet Partners with US Army, Oshkosh Corp, Eck Industries and the University of Wisconsin-Madison to Replace Aluminum and Steel with Lightweight Nanocomposites
May 04, 2012 Abakan Enters the Massive Canadian Oil Sands Market
April 09, 2012 MesoCoat Secures Supply Contract for PComP Coating Materials
March 15, 2012 MesoCoat Hits Milestone - Cladding Inside Diameter of Pipe
January 23, 2012 Abakan adds Stephen Goss to its Board of Directors
December 05, 2011 Independent testing confirms CermaClad™ CRA lowers corrosion rate by 6 times and exceeds API-5LD Clad Pipe Requirements
December 02, 2011 MesoCoat ranked #50 in Forbes list of America’s 100 Most Promising Companies
September 14, 2011 MesoCoat Inc. Opens New Metal Cladding and Coating Facility with One of the Most Powerful Arc Lamps
July 13, 2011 Abakan Exercises Initial Option to Acquire a Majority Interest in MesoCoat
May 11, 2011 Mattson Technology, Inc. and Abakan, Inc. Announce Exclusive Supply Agreement
April 19, 2011 Abakan adds Hong Kong based investor as Advisor, boosting focus on overseas markets
April 08, 2011 Abakan takes a giant step towards market entry
March 25, 2011 Abakan Acquires Interest in Powdermet and its Advanced Material Technologies
February 16, 2011 MesoCoat Wins $2 Million Ohio Third Frontier Award to Commercialize Advanced Wear and Corrosion Solutions
January 18, 2011 Mesocoat Announces Cooperation Agreement with Petrobras
January 12, 2011 MesoCoat Profiled as a top NASA Partner with the Most Compelling Technologies
November 01, 2010 Defense and Aerospace Veteran James Chew Joins Abakan's Board of Directors
October 22, 2010 Abakan Completes Private Placement of Three Million Shares to Advance Its Interests with MesoCoat
October 04, 2010 Abakan Portfolio Company Receives DOE Advanced Energy Awards
September 22, 2010 The U.S. Army Features MesoCoat, an Abakan Portfolio Company, among the Best in Achieving Early Commercialization Efforts
September 10, 2010 MesoCoat’s Nanocomposite Cermet Coatings Selected as a Top Technology for EPNanoNet Oil and Gas industry Briefing
September 08, 2010 Abakan to Acquire Interest in Powdermet and its Advanced Material Technologies
August 26, 2010 Abakan Appoints New Director and Chief Financial Officer
May 03, 2010 Abakan Inc. Appoints Mr. Hermann Buschor to the Board of Directors
April 27, 2010 Abakan Inc. Hires Mr. John Neukirchen as VP Pipeline Coatings Sales
April 19, 2010 Abakan Inc. Update to Shareholders
April 14, 2010 Abakan Inc. Appoints Mr. Reginald Allen and Mr. Mario Medanic to Its Board of Advisors
December 16, 2009 MesoCoat awarded $1.79 million by National Institute of Standards & Technology through its Technology Innovation Program
December 14, 2009 MesoCoat Inc. hires Mr. Curtis Glasgow as the Business Unit Manager for its PComP product line
December 10, 2009 Abakan Invests in Nanocomposite Ceramic-Metallic Coatings Technology and Completes Private Placement
July 22, 2008 JumpStart Invests in MesoCoat – a Nanocomposite Coatings Company
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