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Chart looking like .20++ imo look....
https://www.profitspi.com/stock/view.aspx?v=stock-chart&uv=110794&p=ITKG
11.4M traded for $480,193...in 90 minutes...5 hours to go...
Trying to find out how much that part is multiplied by 2,000,000 vehicles... :)
Busy doing some other work, also...
This stock is amazing! Love that news!!
$ITKG
Wow thats huge news!!!
ITKG News! >> ElectriPlast Secures Order for Two Million Vehicles
PR Newswire "Press Releases US - English"
EVANSVILLE, Ind., June 26, 2017 /PRNewswire/ -- Integral Technologies, Inc. (OTC-PK: ITKG) ("Integral"), and its wholly owned subsidiary ElectriPlast Corporation, announced today they have been chosen by a Global Tier 1 to supply its conductive plastic for an EMI shielding application in an automotive optical sensing system. The ElectriPlast part will be going into approximately two million vehicles in a 2018 global automotive platform for a major United States auto manufacturer.
"The EMI shielding requirement for this application was a late change and we were brought in to assist the Tier 1 engineers develop a shielding solution for the optical sensing system," stated Slobodan Pavlovic, ElectriPlast's Vice President of Engineering. Typically, Tier 1's select vendors years in advance of a project, but because of the new requirement, we were given an opportunity late in the development process to provide engineering and design services. We provided a cost saving technical solution with the customer's existing tooling without program timing delays, which is key since this is a 2018 global program."
"This is monumental for us. We have always known ElectriPlast was going to reach the point of widespread market acceptance," stated Doug Bathauer, Integral's CEO. "So far in 2017, we have received orders from Europe, Asia and the United States. These automotive orders we've received this year, validates our many years of dogged persistence. It is rewarding to see ElectriPlast now being included in large scale programs in multiple auto maker's vehicles." Production is expected to begin in late 2017 and the program is expected to run for five years.
About Integral Technologies, Inc.
Integral Technologies Inc. (OTC-PK: ITKG) and wholly owned subsidiary ElectriPlast Corp , engage in the development, and commercialization of electrically conductive plastics used in the production of industrial, commercial and consumer products. Its core material, ElectriPlast, is a non-corrosive, electrically conductive resin-based material that can be molded into the shapes and sizes associated with plastics, rubbers and other polymers and providing weight savings of 40 to 60% versus metals. Integral is a leader in conductive plastics with a broad IP portfolio referencing its ElectriPlast technology. Applications for ElectriPlast include: Shielding, Wire, Power Electronics , Connectors, Cables, Shielding, Conduction, Batteries, Semiconductors, Heated Elements, Sensors, Antennas, Medical Devices, Consumer Electronics and Acoustics, Fuses, Capacitors, Resistors, LED, and Bus bars.
Safe Harbor Statement
This press release contains "forward-looking statements'' within the meaning of Section 27A of the 1933 Securities Act and Section 21E of the 1934 Securities Exchange Act. These statements include, without limitation, predictions and guidance relating to the company's future financial performance and the research, development and commercialization of its technologies. In some cases, you can identify forward-looking statements by terminology such as, "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "continue," or the negative of these terms or other comparable terminology. These forward-looking statements are based on management's current expectations, but they involve a number of risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in the forward-looking statements, as the result of such factors, risks and uncertainties as (1) competition in the markets for the products and services sold by the company, (2) the ability of the company to execute its plans, (3) other factors detailed in the company's public filings with the SEC , including, without limitation, those described in the Company's annual report on Form 10-K for the year endedJune 30, 2016 as filed with the Securities and Exchange Commission and available atwww.sec.gov, and (4) the parties may be unable to agree upon definitive agreements. You are urged to consider these factors carefully in evaluating the forward-looking statements
Contacts: ElectriPlast Inquiries: info@electriplast.com
Corporate/Investor Inquiries: itkginquiry@itkg.net
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/electriplast-secures-order-for-two-million-vehicles-300479581.html
SOURCE Integral Technologies, Inc.
ElectriPlast Secures Order for Two Million Vehicles
Download PDF
EVANSVILLE, Ind., June 26, 2017 /PRNewswire/ -- Integral Technologies, Inc. (OTC-PK: ITKG) ("Integral"), and its wholly owned subsidiary ElectriPlast Corporation, announced today they have been chosen by a Global Tier 1 to supply its conductive plastic for an EMI shielding application in an automotive optical sensing system. The ElectriPlast part will be going into approximately two million vehicles in a 2018 global automotive platform for a major United States auto manufacturer.
"The EMI shielding requirement for this application was a late change and we were brought in to assist the Tier 1 engineers develop a shielding solution for the optical sensing system," stated Slobodan Pavlovic, ElectriPlast's Vice President of Engineering. Typically, Tier 1's select vendors years in advance of a project, but because of the new requirement, we were given an opportunity late in the development process to provide engineering and design services. We provided a cost saving technical solution with the customer's existing tooling without program timing delays, which is key since this is a 2018 global program."
"This is monumental for us. We have always known ElectriPlast was going to reach the point of widespread market acceptance," stated Doug Bathauer, Integral's CEO. "So far in 2017, we have received orders from Europe, Asia and the United States. These automotive orders we've received this year, validates our many years of dogged persistence. It is rewarding to see ElectriPlast now being included in large scale programs in multiple auto maker's vehicles." Production is expected to begin in late 2017 and the program is expected to run for five years.
Sputnik, I post as Steve on the yahoo board, but I never claimed to have tested Electriplast. I remember someone made that assumption in a post once and I guess it stuck.
We can draw the conclusion that Electriplast works from the agreements with many companies that Integral has had - they would never enter into anything like these agreements without verifying for themselves that it works. Same thing with the patents - they would not mention Electriplast without prototyping the idea with whatever material they mention. No way.
I'm not saying that any patent or agreement they have had will necessarily lead to sales - many patents go unused until they expire, so their are no guarantees here. However, this is very positive verification of the materials functionality and at the very least major interest from these companies like East Penn, Delphi, BASF, Hanwha, etc.
I'm not sure what you mean by prior art coming in to play. I read the patents, if prior art were an issue on any of them then the USPTO would not have issued the patents to begin with.
Anyway, we could go in circles forever in this discussion and not change either of our minds. Time will tell. As I also mentioned though, there are a lot of market forces in play now that were not in place even a couple of years ago in the auto industry.
Well Steve these companies haven't been fooled at all to participate in this stock scam. After much hype by Integral Technologies those companies have passed on Electriplast. Read the patents closely. Prior Art comes into play.
By the way are you the same engineer who had posted elsewhere you or the company you work for tested Electriplast?
Actually, I hear you betababe. Integral Technologies has had the appearance of being run by a bunch of drunken pirates for a lot of it's existence. The difference I see now (in spite of Doug Bathauer's many missed timelines and promises) is that real applications are coming in. And, there is no way that the companies that I mentioned as having patents using Electriplast (Delphi, East Penn) in addition to others that they have other agreements with would ever establish these agreements without extensive testing to make sure that the material functioned as advertised (Hangwha, Chang Rim, BASF, etc). There's just no way - these companies are not going to simply buy into some salesmen's BS and enter an agreement. That is how the engineering world functions to the point of exhaustion - engineers who approved these agreements would be certain that the material is ligitimate.
There are a lot of market driving mechanisms pushing materials like EP forward (lightweighting, electrification, autonomous driving, etc) and the fact that carbon fiber (which I believe is the critical factor for the $/lb cost of the material) have been greatly reduced. So, time will tell, and there is a lot of risk I agree, but there are also a lot of very positive factors in place that were not present 20 years ago or even 5 years ago. Good luck to all in any case.
We even had pumpers and liars. Remember Joenatural. No dilution Joe.
You appear to be new. Beta babe has heard this song before,many many many times. The problem has been the great revenues never show up.
Maybe this time will be different. I remain a skeptic until I see an audited f/s with significant revenue. Until then it is only words in a page, and so far the words have been bullshit.
Please, tell me where I can purchase one of the products these patents support. An East Penn product. A Delphi product. Or maybe some reliable figures that any of them have produced revenue for Integral?
In fact, Integral has 54 ISSUED patents of their own. What products are available in the marketplace that they created? What revenue for Integral?
What do you call a patent that doesn`t produce revenue? Ha, ha. Just another piece of paper. The only conspiracy I see is maybe one that any of these "pieces of paper" have added any intrinsic, measurable, value to Integral`s stock.
Thin
Over the last 20 years ITKG has allegedly been connected to every multi billion corp you can name. BTW you are not the first engineer to get snookered by ITKG...we have had Doctors, Lawyers, Sportcasters, Weathermen, Salmon fishing charters, Pastors, etc etc etc....Whatever its your money.
Sputnik, thanks for the post, but still no answer to my very simple question on how all of these companies could be involved in this scheme to bilk investors? Betababe seems to really look up to you, she couldn't provide an answer, so I really had high hopes for some concrete information from you. Oh well!
ITKG is a pink sheet stock! Take a look at the financials and the latest financing scheme.
BRAND NEW EAST PENN PATENT APPLICATION USING ELECTRIPLAST Published June 22, 2017. USPTO Application 20170179536 Bipolar Battery and Plate. New inventors named vs previous East Penn patents using Electriplast so perhaps new idea/concept. Electriplast named in Paragraph 33.
DELPHI Patent Application using Electriplast USPTO 20160218466
ELECTRICAL ASSEMBLY HAVING A FIBROUS CONDUCTIVE INTERFACE BETWEEN A CONDUCTIVE COMPOSITE COMPONENT AND A METALLIC COMPONENT
Electriplast mentioned as being used in Paragraph 14
EAST PENN ISSUED USPTO 9,634,319 Bipolar Battery and Plate
Electriplast used about 2/3 of the way down in the text
DELPHI ISSUED USPTO 9,391,393 Connector backshell having multiple cable exit configurations Electriplast used about 3/4 of the way in text
DELPHI ISSUED USPTO 9,099,814 Shielded electrical header assembly
DELPI USPTO 20160141584 Patent Application High Voltage Electrical Center With Connectorized Bulkhead Electriplast used in Paragraph 19
Anyone with a modicum of ability to use the internet can find these patents (usptoDOTgov/patent), which I would think would include anyone investing in technology stocks. Click PATft button to find issued patents, AppFT to find applications.
That makes six total issued and applications for patents from these two multibillion dollar companies. Are they part of the conspiracy? Is the US Patent Office also part of the conspiracy? Please explain so the rest of us can learn.
These contracts will send this thing North fast
This thing is probably going to do well in the long run. Retail money and flippers not knowing what they own.
ITKG is a pink sheet stock.
What's the valuation here?
Yes. How can I help you understand Integral Technologies?
Well in that case I changed my mind...When random internet people that just made a profile a few days ago make claims of making $1000S on a stock that has been selling vapor longer than they are old I stand up and take notice. I always believe everyone on the internet. Maybe I will buy 100k shares myself
In the meantime, while Betababe babbles nonsense, my order got filled...I've got a $3,910 profit so far with the share price at .0425
Better yet, can you just reply to my very simple question on how Delphi, East Penn and other huge companies with thousands of engineers and billions of dollars in R&D money have been snookered?
So Sputnik knows more than these companies??? You can't be serious??
"Really, you want me to tell you why" Because...because...some other guy said so...that's why. I'm convinced.
Really. You want me to tell you why you have been snookered? How much are you paying for my time? I suggest you do your own homework.
If Sputnik says it is a pump and dump that's good enough for me..nobody knows this company better than he does.
Nope, not an electrical engineer. I have a bachelor's degree in mechanical engineering and a master's in mechanical and environmental engineering (so that makes three total). Thanks for the interest though in my background, I would be happy to try and answer any technical question you might have on Electriplast thought as I have pretty extensive knowledge on materials and polymer chemistry.
I noticed you didn't answer my very basic, simple question though. Can you please enlighten us?
Really? You're an engineer? I take it you are not an electrical engineer.
ITKG is no scam... it is uneducated to say so.
Buying 100k more today. Trying to get .043
Patents: If Electriplast is a scam, can anyone of our resident experts explain how multibillion dollar companies write patents around this scam? You know, FAKE NEWS, pink sheet scam, etc. Are they also part of the scam to bilk investors? For example, Delphi has three separate USPTO granted patents on using Electriplast, East Penn has one granted and just published a new battery patent application yesterday! Are they risking their own resources and reputations on this scam?
I've never heard of such a wide ranging conspiracy! Unless you are a follower of Alex Jones, of course, who obviously is a genius.
Please enlighten the rest of us on how this works? I've been an engineer in the automotive industry for 28 years and have never heard of anything like this, it would be great to share your insight and knowledge!
Buying more yet?
This is confusing to me. All OTC & Pink sheets are a scam. We're all playing the momentum game. If you're not, you're losing money.
Ouch! ITKG is a pink sheet scam! Take it to the bank!
HUGE ....
https://en.wikipedia.org/wiki/Bagholder
In U.S. financial slang, a bagholder is a shareholder left holding shares of worthless stocks.[1]
The shareholders could be caught up in a corporate bankruptcy and accounting scandal, as was the case with Enron and Worldcom, or the victims of a pump and dump scheme, in which naive and unsophisticated investors fall victim to e-mail spam, rigged stock tip forums, or other tricks used by stock touts to drive up the shares of worthless penny stocks.[citation needed]
The word is derived by combining shareholder with the expression "left holding the bag."
I would define mainstream as when the class of conductive plastics that electriplast belongs to gets used in less exotic and more widespread applications than conductive connectors in a Jaguar.
I may be a dreamer, Go ITKG GO. Have waited a long time ,hopefully not much longer.
No requirement to file an 8-K... unless... "the material agreement is not made in the ordinary course of business."
Better start by defining "mainstream". Even before the if/when speculation begins.
This is a CEO that consistently spends $250,000 per month. He claimed "This marks the second ElectriPlast order for use in an electric vehicle platform so far this year." Yet that earlier order apparently didn`t reach the level of Material Definitive Event as no 8K was submitted. He has 4 days to file one for this claimed order.
The 8K is the investors friend, by the way. It forces CEO`s to define the forward looking statements they so love to use. An event not worthy of an 8K, by definition, does not have enough material value to influence an investors financial decisions.
Caveat emptor, let the buyer beware
Thin
When it goes main stream is the big question.
Got 200k shares at .049 Will buy more if we drift down in a day or two. This technology and product should have massive usage once it goes main stream. Holding long term.
Yes, I hope that they play their hand well over the next stage of development.
The difference here to me is we are finally seeing REAL parts in real products, as opposed to continual "development" or "validation" projects with various companies that never lead to any sales. More and more market acceptance should be coming since there are now some successes to point to. The number of parts needing conduction or EMI shielding is going to grow exponentially, with powertrain electrification, more sensors needed on vehicles due to autonomous driving. Anyone who is moderately aware of what is going on in the auto industry cannot deny this. I'm not a pumper saying that this guarantees that Electriplast is going to be used in all these applications, but there is huge opportunity if they play their cards right.
Day traders are going to cause the massive price fluctuations, but this does not matter in the long run. Also there is probably still a lot of doubt in the market based on past unfulfilled promises made by this company, but this will also diminish over time if they can continue to land projects.
Good morning as well from a long term bag holder. The question of the hour is whether the bag is a used barf bag or a bag of gold. Yesterday about now, I must admit Integral had some woofing their cookies, but then surprise! I know lots are playing this stock short term, but I since I think that Integral is a bag of gold, I am holding my shares because I think this company is on its way to being a cash-flow positive and then on to one of the big boards. But then again, I am also planning on writing a book - How Not To Do It, or maybe, I Should Have Bought Apple Instead Of Integral Technologies. Edgar
Good mornings to all the new bag holders.
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ElectriPlast’s extensive patent library has earned them recognition as “One of the 50 Best & Brightest Companies” by MBD Capital and is one of the most extensive intellectual property libraries in the conductive plastics space.
ElectriPlast has been constantly innovating since filing its first patent application in December of 2002 for engineering a highly conductive plastic for antenna applications.
Holdings include patents covering ElectriplastTM, a line of non-corrosive, electrically-conductive resin-based materials, as well as patents specific to applications and components manufactured from electrically conductive resins.
Here is a link to the list of their current patents:
https://www.electriplast.com/patents/patent-portfolio
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