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Please buy. Great value at discounted prices. BUY
Nice job PoorBoy2... I also think your correct on the fact that the product(s) them selves need to be sold into manufacturing by 3M before Elasco can reap the benefits of making them.
Maybe I will grab a few more shares today... take some of my profit from some wine I invested in a few weeks back and flipped out of and put it here today... Just wish this company had a better person at the helm when it come to shareholders, and doing the things a public company needs to do.
Then why is Larrucea in default on the annual filing fees and late on both 12/2011 and 3/2012 financials ?
Also NO up dates on anything ? not even attempt to protect the pps.
Maybe his plans don't include shareholders ?
JMPO
Just wanted to see were that goes in the next few days. LOL
Ha Ha... no he is alive... not sure if he is kicking or just sitting in his chair staring out the window... but he is alive.
I'm a mechanic and work on the new stuff all the time. Interior,tail lights and now Audi has headlights all LED. All the marker and tail lights on new big trucks and trailers are LED also. Going to be a huge market very soon!
Has anyone checked the obits maybe Henry died. JMO
Looks like I stired something up! Someones buying.
Just revisited this Federal Mogul article:
http://www.annarbor.com/business-review/federal-mogul-ann-arbor-technical-center-unveils-revolutionary-automobile-technology/
Looks/sounds the same as the 3M Precision Lighting Elements. If it is not the same, it sounds like there will be some stiff competition for a large new market. How large? I found an article from 9/30/2008 saying "Currently LEDs constitutes 28 percent of overall global automotive lighting market with revenues of $720 million. Driven by more efficient technologies the overall LED market is anticipated to grow."
http://www.frost.com/prod/servlet/market-insight-top.pag?docid=145212408
Since I am pretty well assured the F500 co. is 3M, I did a little digging for new products that make sense. Here is what I came up with: http://multimedia.3m.com/mws/mediawebserver?mwsId=66666UuZjcFSLXTtOxfX5xM6EVuQEcuZgVs6EVs6E666666--&fn=Light%20Managment%20Brochure.pdf
http://www.flexiblelightingsolutions.com/files/docs/Web%20Docs/3M/3M%20TFL%20Module%20Installation%20Guide.pdf
http://3mcollision.com/media/documents/brochure/LED_Standard-DeluxeKit.pdf
Both the Thin Flex Lighting and the Precision Lighting Elements make sense. The Precision Lighting Elements are made of polyurethane in the US.
Even if Elasco is making this, there is probably not much volume yet. If/when 3M gets this specified with a major auto maker, then we will probably see some changes in numbers for Elasco.
Share price is up again today. Better short DTRO real quick before the MM's get their 100 share order in for $.02 or less.
There were Fins due for period ending Dec 31 and the ones for March 31 are going to be past due shortly as well..
Yea we do indeed need some type of news to hit...
Hey TJG, well I did end the statement with JMPO! LOL
We need a PR so bad...even if neutral and/or fluffy, it might get this puppy moving again. Are we due some quarterly financials?
Why thats just pure speculation on your part PaperLion... but I like it LOL LOL
I say neither...so there JMPO.
Oh well my mistake.. I did not realize your claim of BK was not speculation but was indeed fact... now that you have cleard that up for everyone we can concentrate on the BK that is coming that you say is fact...
Now if you can just put up the BK filing we can all read it.. and while your at it, can you put the link up that shows how much they debt has grown...since its been stated it was higher then $7,000,000 and if stated it must be fact, cuz there is no speculation in your posts, which we are all grateful for.... TIA
For reference:
bigfoot422
Share
Thursday, May 10, 2012 11:43:09 AM
Re: None
Post # of 13160
Vaas its all speculation. Some say bankruptcy while one claims a buy out.
Your guess is as good as mind right now but I smell something rotten in Demmark.
I see you have selective memeory. Also I'm sick and tired of doing your DD.
If you check your own messages you'll find it.
Like I stated it's ALL just SPECULATION. Speculation which you are great for,lol
Please read what's written not what you perceive it to read.
jmpo
Can you post the message where someone has said a buy out will be happening, I would like to find out what this person knows about a buy out... I cant find it..and your DD skills exceed mine so a little help please..thanks.
Oh and if you could post the other posts on who the some are that say BK because I can only find two people who have posted that... thanks
Vaas its all speculation. Some say bankruptcy while one claims a buy out.
Your guess is as good as mind right now but I smell something rotten in Demmark.
jmpo
Thanks for the reply.
please do wake me up :)
GLTA
Just one side debating the other...nothing has been done to indicate they are going into BK...other then a few who continue to bring it up....
Go back to sleep..we will wake you when news hits... (thats a joke Vaas)
whats going on.
all of a sudden everyone is talking about bankruptcy...
anything fishy
not a problem, if the number would have been active I would probably drive by there today, but since it isn't active it makes me question whether or not there is still a business there.
I hate driving in Seattle, and go there as little as possible. Especially the Lake Union area where it seems that is. Lot of traffic in that area all day long, and parking is a pain as well.
It would have been nice to talk to someone face to face associated with Blu Vu or Deltron to ask what the F is going on.
Nothing to clarify. I was just adding to the commentary.
Could of been something old thanks for checking that out.
that number is temporarily disabled.
Sorry maybe I did not make my self clear... what I was saying is if they declare BK they would most likely have to sell of Blu Vu and turn those assests over to the creditors...
But if they dont declare BK and sell Blu Vu they can then use the Blu Vu sales money to pay off all or some of their current debt... hope that clears it up ....
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.
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.
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...
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
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.
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
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.
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
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
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.
WRONG ... DTRO can get "Broker" and go deeper in Debt from losses.
jmo
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.
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
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
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.
Question : if and I mean IF BK happens, is Elasco part of BK too ?
If so, how do you figure that.
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
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.
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
Bankruptcy for DTRO is a real possibility.
jmo
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