Deltron Inc (DTRO)

[PoorBoy2]

If they were to sell off assets like Blu-Vu, they would likely need to wait at least a year before filing BK. Otherwise the BK judge could bring the sale into question and possibly undo it for the benefit of the remaining creditors. It would have to look like a pretty shady sale though. Significantly undervalued sale, tremendously increased sales and profits shortly after the sale, etc. Especially if any kind of current ownership ties remain.

[PoorBoy2]

Looks like that may have been an old address. It used to be a Mailboxes Etc./ UPS Store and could have been a P.O. Box that was being used.

[TJG]

No the contention is not that DTRO is going bankrupt.. the contention is IF they were to go..which is not very likely...no make that, which they wont do IMO...

If the contention is that DTRO is going bankrupt

[EarnestDD]

I am talking DTRO.
If the contention is that DTRO is going bankrupt and shareholders will never see a penny .. I can agree with that.
jmo

[TJG]

show me one Pinksheet stock that has ever paid a shareholder money when it went BK... lets see some link or document as to one single shareholder getting one dime from a BK pinksheet, limited information stock...

WRONG ... Shareholders can get paid some money after DTRO goes into Bankruptcy.

[TJG]

there is 2 FACTs you can provide is the UN-ANNOUNCED R/S " to clean up share price " and the DEBT of over 7 million

these r FACTS

Wrong again...
1. the RS was announced and placed on the front of their web page for over a month.. many here, who do DD saw it.

2. There has been no Q released since the last one that stated the actual Debt...so you have absolutly, none... your simply guessing...talking again with out knowledge...about how high the debt is... you can speculate all you want... but if you can produce one single pices of actual FACT as to the debt having risen since the last 10 that was filed I will leave this board and never post here again.

[EarnestDD]

WRONG ... Shareholders can get paid some money after DTRO goes into Bankruptcy.
It would depend on just HOW Broke DTRO is and if there are any residual assets after all secured and unsecured debts are settled.

Or DTRO could be so Broke that shareholders never get anything on wind-up.
jmo

[TJG]

Good god man, we are talking broke in the sense of being bankrupt...not owing your bookie money... get with the conversation.

Again for the last time..being broke and in Bankruptcy is as borke as you can be when talking about a stock... how much you owe is meaningless to shareholders once you go into BK. They are screwed and there shares are worthless...

The topic here is DTRO and BK... and if your broke and cant pay your bills the amout you owe is meaningless. Thats why they have BK, there are no rules on how much in debt you have to be to qualify...you just have to owe more then you have... so you cant get broker, no matter how much spin you put on it...you can owe more, but again owing and being broke are like Nite and Day...they both happen in a 24 hour period, but they are as different as can be.

[bigfoot422]

TJG, please prove with FACTS :

1.the contract with a F500 company

2. they paid their annual filing fees

3. the test results of rebreather ( in foreign country )

4. the product for F500 company

5. the retro fitting for mass production

You have no FACTS otherthan pure SPECULATION and WISHFUL thinking as usual.

there is 2 FACTs you can provide is the UN-ANNOUNCED R/S " to clean up share price " and the DEBT of over 7 million

these r FACTS

JMPO

[EarnestDD]

NOPE ... you can broke and owe $100 or you can be broke and over $3 Million dollars.

One is certainly BROKER than the other.
LOLOL

And DTRO is VERY BROKE and BROKER every quarter.
jmo

[TJG]

Yea you are WRONG again: Broke is broke... when you cant pay your bills your broke, just because you have more and more to pay does not make you any more broke...

If what you say is ture then if company A files for BK with $500K in debts and assets of only $200K and company B files for BK with $1,000,000 in debt and only $200K then company B is in more BK then company A.

Thats rediculous... again once borke and filing for BK your as borke as your going to get...who gets screwd are the creditiors...as they get percents on the dollars for the assets you have... the less debt the more they get, the more debt it gets spread around and the less they get... but just like being dead, it doesnt matter how you got dead... old age, heart attack, run over...once your dead your dead... and once your broke your broke.

[EarnestDD]

WRONG ... DTRO can get "Broker" and go deeper in Debt from losses.
jmo

Here is some news for everyone, you cant get broker...your either broke or your not.

[TJG]

There is alot of FACTS neither you nor I know with the terms and legalities of all 3 companies

You are right you dont know the terms and legalities... but I do... you see I CAN read a 10 Q and 10 K and the 8-K that were put out when Deltron, Elasco and Blu Vu became a public company under the Deltron umbrella ...and thats where all the legalities that you need to know are located.

One quick FACT for you... when a company like Deltron owns subsidiary companys like Blu Vu and Elasco... the debt incurred by either of them is the responsibility of Deltron itself.. you, ( well I assume you, but probably not) me, latrod and all the other shareholders of Deltron are owners of both Blu Vu and Elasco and the debt they both have, because we own shares in DTRO which stands for Deltron. DTRO does not stand for Elasco, and it does not stand for Blu Vu. It stands for Deltron, the parent company to Blu Vu and Elasco. Any thing Deltron does with either of those company's effects us as shareholders of Deltron, the owner of them and we as shareholders are part of the ownership of Deltron. That's how being a shareholder works.

And now I am reading straight lies... as you have indeed called this a SCAM on more then a dozen occasions... nice try. And once again you have not once single fact...so stop lying to possible new shareholders like you do..they can read you know and thats why no one ever, but me for some dumb reason, ever responds to your posts. (opps EDD dose for got about him) LOL

[havocjohn]

That is interesting; I doubt I will have time today to drive over there and check it out, but I think I will give them a call after 10 pst to see who answers and what they say.

One problem I see right off the bat is the area code. 509 is the area code for everywhere east of the Cascades (aprox 1 hr away from Seattle). Seattle area code is 206, but we will see in a few hours I guess.

[bigfoot422]

Who owns Elasco ?

Are their assets and liabilities incorporated with the other 2 ?

Do you know the proceedings of bankruptcy law ?

Do you know if total debt includes Elasco ?

or was the debt as a result of the other 2 companies ?

There is alot of FACTS neither you nor I know with the terms and legalities of all 3 companies.

jmpo

[bigfoot422]

If contained in PR is proven to be UNTRUE and MISLEADING then it's illegal.

Please, when you read my messages respond to IT and STOP adding your mumble jumble into it. You might confuse other shareholders on here with your rherotic but the FACTS speak for itself at this time. If you need be I will repeat the FACTS as I see them once again ?

First you say DTRO is a great company now you are probably misleading shareholders with your opinion of a sell out.Of course that's only your opinion and wishful thinking once again.
You never provide FACTS to support your speculation.
Are you stating DTRO was a SCAM company yesterday so it would be a SCAM company today ? I haven't stated it was a SCAM company.

jmpo

[TJG]

Deltron is who declares BK...they are the parent company of Elasco and Blu Vu...

If BK if declared then that means everything Deltron owns is under BK... they cant pick and choose what is and what is not bankrupt.

Since Elasco is the profitable one, their assets would go first... creditors are paid first and they are paid with the assets of Deltron being sold off.

Deltron can how ever sell either of its companys Blu Vu or Elasco or both... before they would declare BK if that were what they intended to do. Then the proceeds from those sales could pay off the debt. Smart money is on they would sell Blu Vu and its patents to pay off debt and move Elasco forward.

[TJG]

I hope Larrucea proves us ALL wrong with our opinions of BK

Who are us ALL, so far of all the posts on DTRO only two people have mentioned BK... and wow your giving them until June 30 before you start your non effective charge at them .... just as with the BK issue, what are you waiting for..if they are a scam they are one today and were one yesterday...what are they going to become an unscam on by June 30.

Here is some information for you... every single PR ever released by any company has this little thing at the bottom called the Forward Looking Statements... that's put there so you can not hold them accountable if a PR's forward looking statements...their prediction of things to come if you will, does not come true...DTRO has done nothing illegal.

[bigfoot422]

Question : if and I mean IF BK happens, is Elasco part of BK too ?

If so, how do you figure that.

[bigfoot422]

My deepest and most sincere regrets for ALL shareholders if BK does happen.

I hope Larrucea proves us ALL wrong with our opinions of BK and lives up to his 23 plus pr's. If not

I just think that shareholders should ban together and try to STOP this from happening in the future.

I also know it's a BIG risk investing in start up companies but when a company is a SCAM from day one but they lure investors into investing by releasing pr's with false and misleading information on how well the company is doing or will be doing is an outright crime.

I give Larrucea till June 30, 2012 to either support his 23 plus PR'S or I begin filing and requesting ALL documentation Larruceaa released in PR's about not only DELTRON but all his companies.

A complaint will be filed with the SEC and small claims court and all information Larrucea made public knowledge to WILL be requested under the Freedom of Infortmation Act, including but not limited to the actual contract with the NAMELESS Fortune 500 company. Also James J. Crimi will have to support ALL the information he released to shareholders via e-mail and/or phone conversations.

I work to hard for my monies to just sit by and not do anything.

jmpo and mpc

[TJG]

But if there are $200 in trades and it goes down to .017 the claim is that its headed to sub penny and that is significant?

What is significant is the fact that this has maintained its level thru out this over 6 months of doing nothing... But the biggest joke is the BK claim by some.

With not one thing that can be found on Deltron in anyone's extensive DD for the past 6 months... with the Elasco plant still running the chirping of BK coming continues. If they were going into BK what are they waiting for...some special moment, if your broke now you were broke last month and they were broke in March and in Feb when the Nev. Sec of State filing lapsed.

Here is some news for everyone, you cant get broker...your either broke or your not. So far nothing you have predicted has occurred, no sub penny, no BK, its just been business as usual for DTRO, 40+ people (full time people with benefits and all) show up for work at Elasco day in and day out, week in and week out, month in and month out...lights stay one, checks get cashed and business continues... yet we continue to hear BK coming sub penny on the way... I dont think so.

[bigfoot422]

I guess everyone gave up on the F500 contract now the focus is on the REBREATHER, lol As far as the REBREATHER has anyone found a patent on it ?

Far too much DEBT to sell the company.

BK is more real.

Elasco is owned by whom ? Elasco will always be Larrucea's company no matter what happens and won't be part of BK and/or selling.

jmpo

[EarnestDD]

Bankruptcy for DTRO is a real possibility.
jmo

[EarnestDD]

Total trades of $700. Not significant.
jmo

[Zack 717]

Found this on Blu Vu adress don't seem familiar
http://www.superpages.com/bp/Seattle-WA/BLU-VU-Life-Support-Tech-L2272869914.htm

[Zack 717]

Right! And elasco will produce the bov valve for Titan,win win.

[TJG]

Correct Zack... if they were to sell the company with out going into BK then they would have to pay us the per share price they sell the company for.

If they declare BK then they have to sell all their assets to pay the debt they have...so BK would be out of the question if they think they can sell the company and pass the debt on to the buyer... My hope is thats the way they are going....that they sell Blu Vu to Titan and we get a dividend for the price per share...and that they keep Elasco..the only money maker they have...

[latrod]

Hope something is brewing? I asked your wife she said your always wrong! LOL

[GREGG THE GREEK]

you guys should do that, sounds like a great idea

i for one am all for it

don't forget to hit the ask

[Zack 717]

I'm always right! Ask my wife. This buying here latley(with no news) has me curious. Always follow the insiders.

[latrod]

I hope your right my friend!!

[Zack 717]

Hey inspector! Might be letting Titan have an exclusive for a certian time frame. Have seen this before. Would like to hear some news though. I don't think Deltron can cut us out though, unless they file for bankrupcy.

[TJG]

yea... wonder if Titan was showing the Blu Vu product(s)....be nice if Titan was buying Blu Vu out and keeping it public...

[latrod]

Looking on the list for the dive shows Blu Vu was not on them but Titan Dive Gear is, but I guess you already noticed that?

[latrod]

Yeah, I wonder who is buying, and if they know something that we don't?

[TJG]

Wonder why they did not participate in the two dive shows in California... but she would not have any way to know that answer to that I am sure... Thanks latrod its helpful.

[latrod]

Just talked to Elaine at TDG about the Blu Vu BOV, and she said they expect to have them on the shelves by late summer, she said it is taking longer than expected due to the testing and getting everything in order.

[TJG]

Looks as though we have new buyers or more folks averaging down in anticipation of what ever these guys are going to be doing...

Just wish they would make an announcement about what the company is doing... this bumping around in the dark is getting old.

[havocjohn]

considering all that has gone on in the last yr in regards to this company, I think my intial response to the rs was the accurate one in all this, and we shareholders are getting ripped off.

[TJG]

Its still my current feeling that they are in the process of selling the company...how it will all work out is hard to tell...but I think they are spinning Blu Vu off and Elasco off on seperate deals... and it they are being sold as non public companys we are hosed...if they are being sold as public companys..then we are in the right place at the right time.... but no way of knowing...

[havocjohn]

so still nothing from the company in regards to what, where, how and why.

What a friggin joke.

[TJG]

They were not at the Long Beach Show here is a list of those that participated and they are not on it.

http://scubashow.com/exhibitors_list.html

They are not listed on the Northern California Dive show either:

http://www.divenewsnetwork.com/santa-clara-exhibitor-listing.html

[havocjohn]

If they were showcasing their BOV they would do it under the name Blu Val as they did before, not under Deltron.

[eohallor]

No mention of Deltron at the Long Beach Dive Expo last weekend nor are they mentioned in the North California Dive and Travel Expo next weekend, both would have been ideal places to showcase their improved BOV. Have they even finished testing it?

[bigfoot422]

Larrucea needs money for a happy meal ? lol

[bigfoot422]

EarnestDD, why don't we start a message board and list SCAM companies and possible SCAM companies ?

Board could be very beneficial for discussions and a team effort in stopping these so called SCAMS.

jmpo

[TJG]

Here is item 8, it sounds as if the company and this guy have a beef over him being fired. Having 40 employees and getting a harrasment suit, which by the way as a past management person for Sears we used to get these a lot, is not a big deal.

On the whole they never get very far, unless they are a sexual harrasment. But either way, it would not have any effect on how the business is run or if they get any contracts. I cant see where it would be of much use to our current situation.

Law suites that would be bad for the company would be if they were being sued by a supplier, a client, someone from the outside business world. But not a former employee, they are by rule obligated to list all law suites, but this seems minor to me. When you look at the date on this 8-K its two years old, this has most likely long been settled. IMO

Item 8. Legal Proceedings

The Company’s subsidiary, Elasco, Inc., is party to a lawsuit brought against it by a former employee of Elasco, Inc. The former employee alleges harassment and serious and willful misconduct. The Company is denying all allegations and is vigorously defending against these claims.

[Lucky Charm]

I was the one who got those 10K shares. Just tried to average it down. Still at my 11cents per share.

[bigfoot422]

I found it. It would very interesting to see what this employee has to say about DTRO.

Maybe he complained about wrong doings or something.

jmpo

[Vaas]

did anyone from this board got those 10k shares??