Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
You are correct, I'm frustrated with the facts as much as you are and the fact that we are not given any info from the CEO. Sometimes the only info we can get is third hand, TDG the main and best third hand info we can get is what lets us know that they are going forward with the BOV. No matter how many shares one has we are all still in the same boat, and in the dark! You and I, and everyone else have our own opinions, and entitled to such. It's time for DTRO to get off their ask and address issues to get us current, and inform investors as to what their game plan is, and what is going on with other projects!
JMO
Latrod, I know you have ALOT of shares as per your own addmission. I also know you are upset with what I consider to be the FACTS.
As far as contacting Tian Dive Gear,if I felt any truth in what Titan has disclosed to you I would believe that CEO Larrucea would have released a pr of such along with other vital info.
I don't base my opinions on third hand info.
be careful,some of your posts are not within TOS rules,please re-read what mod TJG has posted in a sticky.
JMPO
Bigfoot, have you talked to your freind James Crimi, or is he not there anymore?
JMPHO
Bigfoot, have you contacted Titan Dive Gear?
JMPO
Bigfoot, have you contacted IR at all, the new IR?
JMPO
Bigfoot, have you spoke with the CEO, the new CEO?
JMHO
Bigfoot, have you found any new info? Besides what we already know. DTRO is not current, in debt 7 Mil, 22 Mo. on supposed contract, CEO bites, on chill list, and unanounced R/S. Aything new besides that? TIA JMPO
You keep saying rs are bad but another example of a stock that did a rs because they had to get true value up pcbc. Made money onthat one .. if dtro is cleaniing up I have confidence that dtro will come out smelling like a rose who care if unanouced as long as they get this business going that's all that matters and it takes time..pcbc about 2 years ... dtro clean it up....
An UNANNOUNCED R/S to clean up share price, post r/s down about 80 % so much for cleaning it up.
Alleged CONTRACT going on 22 months old with a nameless F500 company
Placed on the " chill order list "
DEFAULT on annual filing fees
DEBT over 7 million dollars and maybe much more
All these supposively finds attached to DTRO are meaningless unless Larrucea releases a pr informing ALL shareholders of such.
Once again it's pure speculation and worthless.
jmpo
Thanks Latrod.
I have not called them, but I am curious if they will divulge what the light pipes are made of (soy based polyurethane would be a big hint that this is the F500 we are looking for).
That is a good find PB2, called their Headquarters in Michigan to see what I could find out, I was told they deal with the vehicle manufacturer with that lighting, and would have to call them. They do not sell that lighting product to the public, although they do sell alot of other parts. I would say it's a possibillity, but they mention in their release that they have a 37,000 sq ft R & D facility with 40 employees! But you never know, speaking of never know, I'll be happy when we do, as well as everyone else. Still good DD PB2!
Found something interesting from Federal Mogul (350 on the fortune 500 list)
Could this be our Elasco DTRO partner?
“Our unique light pipe design is just one of several new lighting innovations,” Hermiz said. (from the article below)
http://www.annarbor.com/business-review/federal-mogul-ann-arbor-technical-center-unveils-revolutionary-automobile-technology/
thanks latrod. i missed that post
Hey Vaas, not much, but check post# 12743
Lets look at what you just posted and see how it could apply to DTRO..
Latrod, great reasearch but let's see if there's any truth in what they told you. What possible motive would Titan have to lie about this... why would they when someone calls not simply say...we are not dealing with Blu Vu...or We can not discuss it...what can you possibly come up as to why they would lie.
Then you add:
Even if true this alone isn't enough to get DTRO out of the red for a very very long time.
History shows us that, DTRO came out with a PR that stated that Elasco had just had an increase in revenue for the 3rd quarter..the stock went up in two days 3 times what it was prior to that PR... yet you think that after them working on getting anything to market from Blu Vu for the past 2 1/2 years, that when they announce they finally have achieved sales..the stock wont move... thats just crazy...it will go nuts. And please...please mark this post cuz if they do and it does not, I want you to rub my nose in it... but mark this also...if and when they put out news that Blu Vu has sales this will be at minimum a 3 to 5 bagger in two days from the announcment.
NITE on both sides doesn't really mean anything, zecco uses nite, so it could be multiple people sitting on either side all using nite.
and though tng is a nice prospect, not to sound like a broken record, I am not sure it will be enough to get you and I even, never mind in a position to make anything.
I hopefully am wrong, but I just don't know anymore with this co.
Great update latrod, it does give some of us hope that things are progressing forward with DTRO dispite the lack of communication from the company...... I will not need to call anyone as your DD is always spot on... anyone who challenges it, has no idea how to do DD anyway... those of us who do thank you for sharing...
Latrod, great reasearch but let's see if there's any truth in what they told you.
What disturbs me is that Larrucea has kept this info under lock and key ( if true of course ).
Even if true this alone isn't enough to get DTRO out of the red for a very very long time.
jmpo
NITE is sitting on both sides off the fence! I agree with you, this is getting very old, the only thing that keeps me somewhat positive is the fact that TDG is going to be selling the BOV! Called them today, third party testing by Micropore is not complete yet, but the BOV's are in production. That is what I have been told by TDG! If there is anybody that wants to try to discredit this info call TDG @ 877-318-4826 it is as simple as that!!!!!!!!!!!!!!!!!!!!!!! Do not jump my ask about it!!!!!!!!!
technically you are both right. The guy on the ask at .04 sold some shares to the guy on the bid, who paid .022 for them.
Either way we are still down to pre pump n dump level. Bet those bag holders from the p n d are getting antsy.
LOL
Have started a couple of letters to the CEO, but keep deciding not to send them, they keep sounding rather pissed :)
Wish these clowns would get off the dime and release something, this one stock really has a big negative mark on my portfolio and I am tired of it!
I really dislike seeing this thing down 83%. This is beyond old, and Bigfoot, I don't need to read anymore of your dd or comments so if you reply, please use someone else's post to make your point.
WRONG, that was a BUY of 2000 shares!LOL
NO zero volume today, lol 2000 sold shares
one more day with zero volume
seeing 0 volume first time after pumping :)
For those following along, here is the explanation on the debt Deltron carried for 2011.
This information is take off of page 13 of the 10 K which is for the year end of Sept 30 2011. Note the highlighted...
As of September 30, 2011, we had an accumulated deficit of approximately $11.0 million, and
as of September 30, 2010, our accumulated deficit was approximately $3.1 million. We incurred
operating losses of $212,737 for the year ended September 30, 2011 and $189,532 for the nine months
ended September 30, 2010. We incurred net losses of $7,894,159 and $360,590 for those respective
periods. We expect our net losses to continue for at least the next couple of years. We anticipate that a
You see that for the year period of Sept 30, 2010 to Sept 30 2011 the debt went from $3 million to $11 million which is a total increase of 8 million for the year.
This increase did not come over the span of one quarter but all four quarters. Again to fully understand the extent of where that 8 million came from you need to read the Q. If you do, you will see that Elasco had over that time period an increase in sales...but those increases could not match the loss that occurred with trying to build Blu Vu into a profitable business.
Hope this helps any of you who are following and have questions.
Try reading the damn Q and not just posting what you see others write... the debt did not double... it was at that number... your posts were in constant reference to the 3.5 mill from the tech CD they sold and that remained the same from the one quarter to the next ... the last Q showed the year end debt, which included the Blu Vu R&D debt and all of the Elasco expansion debt for the gear up on the F500 manufacturing...
Unlike what you do and say... I can and do read the Q's when they are filed. The debt for Dtro has not doubled from the Q filed for those two quarters.
And ANYONE who has read them knows that... you think that because in Q 3 when they listed the 3.5 mill they showed for the debt on the technology they bought then the debt for the YEAR end showed the debt for 7 mill...you seem to think those are one and the same... well here is a bit of info for you..they are not.. the Year end shows all of the DEBT the Q3 shows the Quarter debt... again, unreal.
Thanks for that email addy. I am not sure if I should write him though, I am more than a little irritated with our Dear CEO, and tend to let my agitation flow when I feel it. :)
I would be interested to know if you ever hear back from him though, and I will be saving this email addy for a later time. LOL
Prior to last quarter financials I said it would much higher. You diagreed and what was it,doubled the previous quarter.
How can a company not go further in debt without substantial revenues coming in ?
I live in the real world and FACTS unlike several on this board. I take whats in front of me provided by the company and assess my opinion on that info.
I would love for DTRO to prove me wrong but thus far they have supported my opinions unlike you.
jmpo
Those are concerns all investors would and should have...but the bottom line is...when you place Deltron up against almost any or all pinksheets with similar problems...and you have no idea how many of them out there are in the same boat...
But placed side by side... if Deltron and any other were to fix any or all of those concerns...which stock do you think would have the best chance at major success...the one with a proven track history of being in business for over 20 years and has proven actual product and revenue or the one that fixed the problems but as of yet can not show a history of being in business, let alone a history of growth like Elasco has...
And just for your information, the debt that Deltron is saddled with, does not effect Elasco... their books are seperate from the parent company..the debt belongs to Deltron not Elasco as far as accounting is concerned. Just as with Blu Vu their debt does not effect Elasco..it only effects Blu Vu accounting and is then put on the Deltron books...Elascos revenue and profits are put on the Elasco books and then moved to the Deltron books as well.
So if Deltron wanted to sell Elasco for what ever reason, the 7 million in debt you talk about, would not be a factor in determining the price for it.
As far as the DEBT,it's outragous to have a debt of this amount for a fortune F500 cxompany but for a penny stock it's crippling.
There's absolutely nothing of any FACTS dtro can overcome this DEBT.
jmpo
What concerns me is :
1. the debt of over 7 million dollars and maybe much more.
2. in default on paying annual filing fees
3. a contract that's going on 22 months with an UNKNOWN F500 company
4. Elasco with a debt
5. placed on the chill order list
6. and NO communication from Larrucea to explain anything.
JMPO
What does DTRO really have going for it ? Really, thats a question you want to ask on an open forum. I mean why would anyone be interested in a company that has been around since 1979...almost 25 years...making skate board wheels, along with other products... why would anyone want to take a chance with a pinksheet stock that has proven they can survive in some of the worst economic conditions this country has seen since the depression... when those same investors can invest in countless OTC stocks that dont have a SINGLE product to offer...what a brilliant question... a company that may at this time be down...like 60 or 70% of all small business are...but that has survived and in its last two filings has shown that Elasco's revenues are up... that company vs the 100's out there with nothing to show...yea why take a chance on this one.
Also its common in business for companys to have debt...the key is what they do to handle it and pay it down thats important...
Elasco, Inc. www.elascourethane.com (from the elasco web site)
Wholly owned Elasco, Inc is a profitable engineering and plastics design, molding and manufacturing company with a highly automated production facility in Southern California. Elasco has been in business since 1979 producing recreational and industrial products used in a wide range of dynamic applications.
From its 7000-square-foot facility, Elasco provides complete design and manufacturing services, including prototype work, mold and tooling design, manufacturing, polymer mixing and custom casting. The company fuels growth by developing products that can be made lighter and perform better with their polyurethane formulas.
GLAD, I ONLY HAD 300,000 SHARES, AFTER DILUTE 300 , COST MORE TO SELL THAN WHAT WORTH, GOOD LUCK GUYS.
Don't be so hard on Larrucea, if the company has nothing to offer what do you expect him to do ?
Larrucea did a GREAT job in 2010 with releasing 23 pr's to lure shareholders in and now you are condeming him.
Larrucea is doing his job we just don't like what his motives.
jmpo
What does DTRO really have going for it ? SPECULATION is all I ever read. No signed contracts, NO real revenues pouring in, just alot of promises and false hopes that are pumped by a select few.
On the otherhand a vast amount of DEBT.
jmpo
thanks brusmith... I did the same... he may be as I told him, tops in his field when it comes to R&D...but as a CEO of a public company he needs to be replaced...
As a share holder I sent Henry an email asking for his resignation. Here is his email address. h.larrucea@elascourethane.com
It took 2 trading days longer than I thought it would, but here we are again back at the .02's..... yee haw, got love the way the DTRO ceo and staff looks out for the shareholders!
What a gift they keep giving us. Wonder if we will make it back to .0001, that would be one heck of a gift!!
Yea...got to be die lution... since out of the total volume today 80,000 of it has been sells and when you average them out...that means todays die lution neted must over $1700.00
yea its dilution... NOT!! just retail selling from the stupid buys they made during the stupid pump...
PaperLion, here is the actual rule from the IHUB HANDBOOK regarding duplicate posts, note the portion in red.
Deletion of Posts
Spam
Posting the same or almost identical post more than twice within a calendar day i.e. "where's the PR?", "anyone seen the PR?", "thought there was going to be a pr today?", "geez, is the pr coming out today or not?";
I see it as a huge opportunity and tripled my shares!
Mr. MOD...
Why play games? Are you saying that it is not against the rules to repeat posts over and over? If so, OK I was wrong!!
Followers
|
123
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
13679
|
Created
|
06/11/10
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |