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.0281 has been achieved..no problem though.
Forget the past, and all the fake contracts. This time things are different. Right Guys?
If the shoe fits, you are certainly free to wear it. If you take the time to reread my post you should find I was merely describing what pumpers often do.
Market drivers in the auto industry? Why would I care? How about revenue drivers in the Electriplast industry. How about a CEO that talks in circles around his shareholders? How about a CEO that tries to pass off "secures order" and "have been chosen" as a contract. A CEO that brags about "widespread market acceptance" but cannot name names or provide any revenue figures. That`s where any substantive DD should begin.....at home, not by having to second guess the content of the CEO`s every press release.
Thin
Not necessarily. Anticipate falls under the safe harbor rules as a forward looking statement.
"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."
The same may be said for the terms "secures order" and "been chosen by" in this latest press release. Pumpers are quick to speculate about an NDA, but no such claim is made by the company in the press release.
Thin
If that statement is patently false, then isn't that a violation of securities law?
The key word is "anticipate".
"This new product is a consumer product that we anticipate production to start at 30,000 units per month, and ramping up to 100,000 units per month." Initial ElectriPlast quantities for the order have been produced and shipped."
That press release generated about a 20% increase in the share price that lasted one whole trading day.....and has not been heard from since.The total revenue reported for that quarter was $12,700.
Some things just never change.
Thin
Smoke, nothing but smoke!!
EVANSVILLE, Ind., Aug. 20, 2015 /PRNewswire/ -- Integral Technologies, Inc. (OTC-BB: ITKG) ("Integral"), an emerging light-weighting leader and its wholly owned subsidiary ElectriPlast Corp., today announced the largest ElectriPlast order in the company's history. This order was placed by Asian molding partner, Chang Rim Inc. ("Chang Rim"), their first commercial order for ElectriPlast. The ElectriPlast formulation being supplied has been developed in close coordination with Chang Rim and includes a new base resin with nickel plated carbon fiber, using Integral's proprietary manufacturing process.
"This is one of the products, along with the motor casing and enclosure that we have been developing with ElectriPlast's support," stated Mr. Won-Hyun Kwon, President, Chang Rim Inc. "The first product we developed was for the automotive market which we anticipate going into production shortly. This new product is a consumer product that we anticipate production to start at 30,000 units per month, and ramping up to 100,000 units per month." Initial ElectriPlast quantities for the order have been produced and shipped.
"For the last nine months, we have been supporting Chang Rim's development work with various resins, including this new ElectriPlast formulation. Chang Rim's new consumer product incorporating our new blend is one of the results from those efforts," said Doug Bathauer, CEO, Integral Technologies. "We anticipate Chang Rim requiring nearly 50 tons per year of this new formulation once they start full production. The South Korean market, overall, has been an early adopter in recognizing the technological and economic significance of ElectriPlast."
Chang Rim is a specialty molder based in Daegu, South Korea focusing on high margin plastic injection molded products for a variety of industries including automotive, consumer and industrial products.
About Integral Technologies, Inc.
Integral Technologies Inc. (OTC-BB: ITKG) and wholly owned subsidiary ElectriPlast Corp, engage in the discovery, development, and commercialization of electrically conductive hybrid plastics used primarily as raw materials in the production of industrial, commercial and consumer products and services worldwide. Its core material, ElectriPlast®, is a non-corrosive, electrically conductive resin-based material whose properties allow it to be molded into any of the infinite shapes and sizes associated with plastics, rubbers and other polymers while reducing component weight by 40 to 60%. Integral is a leader in conductive hybrid plastics with a broad Intellectual Property portfolio referencing its ElectriPlast technology. Applications for ElectriPlast include: Shielding Wire, Power Electronics, Connectors, and Cables; Shielding, Conduction, Batteries, Semiconductors, Heated Elements, Sensors, Antennas, Medical Devices, Consumer Electronics and Acoustics, Fuses, Capacitors, Resistors, RFID, Bus bars and Terminals.
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 ended June 30, 2014 as filed with the Securities and Exchange Commission and available at www.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.
Contact:
Corporate/Media Inquiries/Investor Inquiries:
812-455-5767
itkginquiry@itkg.net
Vorticom Public Relations
Nancy Tamosaitis
212.532.2208
nancyt@vorticom.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/integral-technologies-announces-largest-electriplast-order-in-companys-history-300131160.html
SOURCE Integral Technologies, Inc.
Released August 20, 2015
It will be pumped again
118 MILLION shares traded over a 5 day period surrounding a couple of ambiguous press releases. The share price began at 3 cents and closed today at 3 cents. Like trying to fill a wheelbarrow with bullfrogs.....every time you put one in, another jumps out.
No mystery. Typical pump and dump activity. Shareholders making money off of other shareholders.....not as a result of successful business practices.
Thin
No hurry and no worry! Will add all the dips I can! :)
Todays lesson on ITKG
https://www.spamstopshere.com/img/how-pump-dump-stock-spam-works.png
$ITKG. Churning between 0.03 and 0.04. I'm holding. A press release of a specific contract will get this pumped up again.
$3,616,587 total current liabilities at last count.....and that was 3 months ago.
Do the math! At 4 cents a share it will take 90 MILLION share sales to cover. And at typically discounted share prices, that number could be half again or twice that amount.
The numbers are staggering. And what do we get from the CEO.....some(?) automaker, some (?) sales, some (?) manufactured component, some (?) day.
Thin
I don`t see $0.20 any time soon. I don`t see $0.10 any time soon. I don`t even see $0.075 any time soon.
This company has been living off the proceeds from discounted shares sales for years now. To pay their bills. To pay their creditors. To pay their consultants.....and even to pay their own employees.
The chickens are comming home to roost. The daytraders are clueless. They can`t see past the last press release. Meanwhile, the market makers (there is a reason they are called that), are sitting on huge inventories of sold shares. 64 cents to 4 cents in two years does not happen without creating huge surpluses of sold shares.
Without a firm contract....with actual revenue to back it up, the market makers will have their way. They have the inventory. They have the power. They have the authority. It`s time for them to make some money. The day traders will try to tell you otherwise, but they, at this point, only have access to the crumbs that fall off the market makers table.
Thin
I have my sell at .075 and I'm also swing trading DCTH. I like ITKG anywhere in here to stock up on for a run in the next few days. Hope to free up some more money while it is still on discount.
Hope you're right...I'll hope and pray for a rebound.
It will make you money. Just hold tight. It will swing.
Look at the chart...record volume and declining price over the last few sessions. That equals dilution. Hope they turn the faucet off soon.
No other choice...hold and hope now.
I'm looking to add on these dips. Hang in there! It will go back up! God Bless!
Of news was so good last week...how come she's still bleeding? This is too huge of a retrace to not believe:
A) Huge dilution occurring
B) P&D
New LOD. In yesterday at .045. I give up. My luck the past week sucks.
GLTY...not looking too good right now.
"May" is the operative word...very disappointing.
In this morning .036 Easy pick for near term pop! My sell at .075 God bless all!
Patience...When insiders/consultants get done dumping this may go up.
This thing is garbage...
Wow...what a piece of chit this turned into.
11 million shares so far in pre-market activity. Very odd...
No clue...just disappointing. Easily could have seen .10 today and BMAK just crushed it by selling on the ask.
retireat40, so what do you think this means for the future trading days? Do you think BMAK is through with selling their there shares and won't be able to hold down the share price? Just wondering how long this will last?
Massive volume. A shame someone diluted all day through BMAK.
Very slow now...volume died.
Ha! As much as I love all the detailed information provided by the CEO of this company......
Selected By European Electric Car Maker?????
for use in a high voltage connector?????
a prestigious automaker with a globally renowned brand?????
our Tier 1 partner?????
part of their EMI shielding portfolio?????
a separate Tier 1 for a different global auto platform?????
And again today......
ElectriPlast Secures Order?????
they have been chosen by a Global Tier 1 ?????
in an automotive optical sensing system?????
for a major United States auto manufacturer?????
now being included in large scale programs in multiple auto maker's vehicles?????
Detailed, indepth analysis provided by the CEO to his shareholders. How dare some poster on a stock message board criticize the wealth of information this CEO provided.
Thin
Yes, sure looks that way!
17.8M traded for $792,937 in 3.5 hours...3 hours to go...
this ran hard the other afternoon with news, i have no doubt well have a great ending
As of May 15, 2017, 2017, there were 140,821,770 outstanding shares of the Registrant's Common Stock, $0.001 par value.
Big run coming here chart looking real good here. Slow n steady!
just wait till lunch is over this is going to run
you know what they say......If your not first your last
More fake news? Sputnik Betababe.
Huge buys coming NEWS spreading!
What is amazing is that they have not gone broke. My average price is quite a bit higher than .04, so I will get excited when I get my shirt back.
Chart looking like .20++ imo look....
https://www.profitspi.com/stock/view.aspx?v=stock-chart&uv=110794&p=ITKG
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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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