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It doesn’t look too good.
It appears to me that they had to create a startup for their spectacularly great battery technology because no real battery company was interested. I hope I am wrong, but the market seems to agree with me.
On the plus side, now they have a new company to sell stock in.
So management is not going to get currant with their filings and this is going to fail? WTF I guess all you guys were right this was all just BS GLTA
Great memory! You are correct.
My memory says it had the greatest antenna technology even before plastenna.
Yes, Plastenna!
A Tiny Tech Firm Has Its Antenna Out for Growth
By Christine Nuzum
Dow Jones Newswire
Call it the invisible antenna. Integral Technologies, Inc., an outfit of eight employees in Bellingham, Wash., has developed an antenna that can be blended with plastic, then molded to assume virtually any form.
Made from a highly conductive material that the company declines to identify, the antenna can be as thin as an eighth of an inch. The company said it can be molded into functional components such as bumpers on cars, the rubber seal that holds the windshield in place or the back panel of a cell phone.
The antenna has brought Integral, which six months ago had nominal revenue and only one freshly-signed customer contract, to the attention of General Electric Co. and other large multinational companies. It has hurtled the company's internal revenue projections into hundreds of millions of dollars.
Wireless phones, vehicles that are remotely tracked and security tags in retail clothing stores are among the candidates that Integral sees for its antenna. Some antennas that have been on the market for several years - such as the engraved circuit under the back panel of current Nokia phones and the car radio antenna that is embedded in many windshields - are already virtually " invisible." But Integral claims its antenna offers better performance and is far cheaper to manufacture.
The antenna could be Integral's ticket to graduating from the over-the- counter stock market. According to the company's most optimistic projections, it could drive revenue, which was $15,209 for the fiscal year that ended in June, above $150 million next year.
Tom Aisenbrey, Integral's general manager, developed the substance last spring for a component of the company's low-lying "flat panel" antenna for satellite communications. He then realized it had the conductivity to be an antenna itself, and used it to replace the one on his own Nokia phone. It is now virtually indistinguishable from the back panel of his phone, a plastic casement near the top that protrudes just a fraction of an inch.
"Tom had converted one of the Nokia phones and he called me that afternoon and said, 'Billy, it works,"' recalls Chairman and Chief Executive Bill Robinson. "When we realized what we had, we realized we would need some serious help."
So Mr. Aisenbrey made a cold call to GE Plastics, which led to a manufacturing and marketing deal. In addition to manufacturing the product, GE/Fitch, a joint venture between GE's plastics division and Fitch Co., which is owned by Cordiant Communications Group of the United Kingdom, will help find customers and help with designing different models to suit those customers.
Ravi Mirchandani, regional director at GE/Fitch, says that superior reception and a stronger signal are the antenna's top selling points. The market for such an antenna in cell phones is "absolutely huge," he says. " Even if they sell to 10%, that's a huge market."
Mr. Aisenbrey says that his composite, malleable substance will make today's protruding antennas obsolete. He says it may also be combined with materials like rubber and silicon. He says it may also be combined with materials like rubber and silicon. "We're the only guys that are professing to do this," says Robinson, although he added that other companies have used a similar material in shielding equipment made to protect people from possibly harmful waves emitted from wireless devices. Integral has a provisional patent on the substance and is preparing to file for a permanent patent.
"There's a good deal of research going on with respect to materials that behave like plastics but conduct like metals," says Bert Hall, a technology historian at the University of Toronto. However, he says he did not know of an antenna that behaves like plastic. "I won't call it revolutionary, but I will call it useful," he says.
Mr. Aisenbrey says that because of the highly conductive nature of the material, his phone now has better reception and is usable in places where he previously couldn't get a signal - like four floors underground in a Seattle parking garage. Chief Financial Officer Bill Ince was able to use it during a "dead- zone" stretch of his drive to his lakefront home. The antenna can detect more distant signals than most existing cellular antennas, Aisenbrey explains.
GE/Fitch is starting to market the technology by pitching Mr. Aisenbrey's modification to his Nokia phone to its original manufacturer. According to Integral, Nokia Corp. (NOK) is interested in purchasing the antennas but is awaiting the results of independent lab testing, scheduled for this week. Nokia declined to comment.
Integral says it has also talked to Denso Corp., which makes handsets to be installed in cars. It, like Nokia, wants to see lab test results before pursuing a deal. Denso declined to comment. The company is pitching its antenna to Motorola Inc. and Intel Corp. Intel declined to comment and Motorola didn't return phone calls.
Mr. Robinson says Integral is in discussions with Qualcomm Inc., which declined to comment.
If the antenna lives up to Integral and GE's claims, it could be "a compelling alternative to conventional technologies," says Philip Marshall, a wireless technology analyst with the Yankee Group. He cautions that it would have to be cost-effective to manufacture and not susceptible to significant performance variation when mass produced.
Not included in the print article was the last part of the newswire piece:
Integral estimates profit margins of about 30% on the antennas, including fees paid to GE/Fitch, and hopes to generate a profit immediately. Conservatively, the company estimates net income of $2.4 million, or 8.5 cents a share, on revenue of $20 million next year, according to Ron Manness, who serves on the company's board of advisors. Its most optimistic projection for next year is net income of $31.8 million, or $1.14 a share, on revenue of $183.8 million.
Over the next five years, Integral hopes to generate between $775 million and $2.2 billion in compounded revenue, depending on the launch and acceptance of the much-anticipated wireless technologies such as Bluetooth, which will provide a wireless connection between various digital devices such as computers, cell phones and some home appliances; global positioning satellite vehicle tracking and Web-surfing cell phones.
Cell phone antennas will be priced at about 25 cents apiece, Ince says. Integral is pinning the bulk of its expected revenue in other markets, where lack of competition will allow it to charge higher prices.
Integral hopes to generate about half its revenue from the market for global positioning satellite tracking of vehicles, an area where Orbcomm Ltd., a satellite company that emerged from a bankruptcy restructuring earlier this year, is already a customer for the company's flat panel antennas.
More expensive to make than cell phone antennas, those antennas are expected to sell for about $90 apiece, according to Ince.
Dean Brickerd, director of technical services at Orbcomm, says he hasn't seen anything similar to Integral's polymorphous antenna.
"It is pretty amazing," he says. "You could have an antenna that conformably matches just about anything you could conceive of fitting it to."
Orbcomm sells services to track vehicles and large transport containers through its constellation of low earth orbit satellites.
The company is preparing to test Integral's new antennas for tracking containers, which are immense rectangular cartons, often hauled on the backs of trailers, says Brickerd. When transported by ship, they are stacked on top of one another, then side by side, leaving no room for a protruding antenna. Integral's new antenna could lie flat on a side of a container, and perhaps eventually, be integrated into the rubber sealant on its surface.
When I first bought stock of Integral, it was an antenna company. They had the greatest antenna ever! See any revenue from antennas?
Is this ITKG? I've never heard any reference to a subsidiary called Emergent Technologies or to them having anything in Morgantown, WVa?
https://www.militaryaerospace.com/communications/article/16707560/integral-antenna-gets-nod-from-new-york-police
.....and what happened to Ultimate battery and their $4 million.
It looks to me like there were no interested battery companies and someone said “I have a great idea, let’s create a new startup, and sell stock, we can even sell stock to the suckers already on the Integral hook”.
I hope I am wrong, but that is how I perceive Pivotal. Time will tell. To anyone buying stock in Pivotal, thank you for your ongoing support.
I thought they always said we are not into becoming a battery company we only sell plastic plugs.
They put out everything except currant financials, unfortunately losing all faith. Too bad many years faithful.
Hope they are enjoying collecting their salary's from our trust in them.
I thought we had a deal with the military, and ABC?
Thanks Sumo.
Looks like they are creating a new company to sell stock to develop the battery.
Whatever happened to the $4 million Ultimate battery was supposed to pay? I guess we might find out if they ever produce current financials.
The 8K is out covering the battery deal.
https://ir.electriplast.com/all-sec-filings/content/0001437749-19-011793/itkg20190611_8k.htm?
Thanks, I listened. Now I can’t wait to see the revenue pouring in.
That’s assuming they start filing their financial statements on which I can see it.
Thanks for the link. I listened to the call. Not that exciting -- but not that bad either.
Here is the communication from the SEC that has Doug boxed in regarding the delinquent 10K. He is THE responsible party for the delayed audit!
https://www.sec.gov/Archives/edgar/data/1018281/000114036116057502/filename1.htm
I think you will hear Doug say there will be Press Releases and filings over the next few days detailing the Pivotal Battery deal!
Here is the site for the conference call replay! The conference call was a real doozy!
https://www.freeconferencecall.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0000.freeconferencecall.com%2Fstorage%2FsgetFCC2%2FRzJOT%2FIygmM&subscriptionId=8239174
Commentary from another source hitting the nail on the head!
The last "on time" SEC report was for the quarter that ended on March 31, 2017.. yes, over 2 years ago.
The June 30, 2017 10-K filing was filed 12 months late.
The September 30, 2017 10-Q filing was filed 11 months late.
The December 31, 2017 10-Q filing was filed 9 months late.
The March 31,2018 10-Q filing was filed 8 months late.
The June 30, 2018 10-K remains delinquent.
The September 30, 2018 10-Q also remains delinquent.
The December 31, 2018 10-Q also remains delinquent.
The March 31, 2019 10-Q also remains delinquent.
TWO YEARS, Mr.. CEO!!! TWO YEARS, Mr. TREASURER!!! How`s that for a measurable result!! And it`s all available in public records at sec.gov.
What`s the problem??? Could it be that the information required to be filed in the SEC (legal) documents simply does not support the claims being made in conference calls and press releases? Let the blame game begin......but INFORMED investors know where the real problem is.
Caveat emptor, let the buyer beware.
Enough with the conference calls! Just a waste of time. What is now needed are audited financials! I believe this company is dead!
Appropriate time to revisit this post!!!
The SEC had the following request for Doug. It has gone unfulfilled as ITKG has become delinquent with its SEC filings. Answers a lot of questions!!!!
You disclose here and in your Form 10-Q for the period ended September 30, 2015 the receipt of the “largest . . . order in the Company’s history.” You also disclose “during this fiscal quarter, the Company began manufacturing production quantities for delivery . . . during the second fiscal quarter.” Please revise future filings to discuss the amount produced and delivered during the quarter to satisfy the order to which you refer and how such amount affected your results of operation. Please also discuss how much of the order remains to be fulfilled.
No word from the company that I can find for a looong time. I loos at website, no news since 2018.
It appears Electriplast is at the end of the road!
. In the meantime if you have any question please call
Eric Daboling @360-835-7992 or Scott McArthur@360-376-1163
You are right. It was nice that they waited to the day of the call and rescheduled. I will have to read the transcript, I will be out of the country on the 6th.
You misunderstood me, when I said you would hear good news, I meant they will say all kinds of positive things. I don’t mean it is real news.
The conference call has been rescheduled to June 6th.
We will see if this is a positive or negative.
I guess Spunik is right they rescheduled another three week away. Whatever I am getting so tired of this S...
I hope you are Nostradamus we need some positive news. Tired of the haters being right.
I am sure you will hear good news.
conference call tomorrow hopefully good news about battery company and other deals
Another 10Q will become delinquent this week! Take it to the bank!
I've been around for a long while.
Years ago I called HQ and told them who I was...mistake.
Just days after I called one of the pumpers here got my info from HQ and attacked me here.
That made ITKG's tactics clear to me.
More like the last 10 times if you have been around for awhile.
Well that would be a drag we have all waited years for the pay off
I hope it's not the same conference call we have heard the last three times.
ITKG is a fraud! Take it to the bank!
May 14, 2019? Why announce almost 30 days from now? May 14 is one day before another 10Q is scheduled to be filed. Interesting date, could it be another 10Q is going to become delinquent!
Integral Technologies Schedules Conference Call
Integral will hold an investor conference call on Tuesday, May 14, 2019 at 4:30 eastern time to provide a general business update.
https://ir.electriplast.com/conductive
It is doing something, it is going down even more.
When is this stock price going to do anything
Moonbat batteries! How appropriate!
Same smell, different day! A scam is a scam!
Time has validated my assertion of “there is no battery deal” involving ITKG! Take it to the bank!
“The very near future” came and went a long time ago! What’s the latest on the delinquent SEC filings?
Someone here said this concerning NGTF stock.
"Smart investors know what they hold."
Smart investors, especially when it comes to penny stocks, will ride free shares.
Let's say some here bought NGTF at half the price it's at now...that means they're up 100%.
Investing long term in penny stocks is rsiky at best...here's how to get around that.
If you're up 100%, then sell half of your NGTF shares and take your principle off the table...that way you take the risk out of the equation.
Then ride the free shares long term as you have nothing to lose.
If NGTF does well you can still make a nice profit from your free shares...if NGTF fails you've lost NOTHING if you've taken your original principle off the table.
A wise investor said..."I would rather miss a chance at profit than lose my principle."
If you're up 100% then sell half of your shares...then you can have your cake and eat it too.
I can't respond cause I don't have a subscription.
:)
Go Figure.
Join me on the NGTF board.
It's fun for the whole family. :)
Thanks for the update. OTC Markets still has ITKG under a stop sign due to delinquent SEC filings. I understand ITKG has an issue with Finra that can’t be resolved with ITKG being delinquent!
You probably already know this, but here goes anyway...
ITKG:
"Warning! This company may not be making material information publicly available
Buying or selling this security on the basis of material nonpublic material information is prohibited under Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b5-1 thereunder. Violators may be subject to civil and criminal penalties."
updated 3 days ago...
Authorized Shares: 250,000,000 03/01/2019
Outstanding Shares: 246,135,391 03/01/2019
P.S. Click "Security Details" to see updates.
https://www.otcmarkets.com/stock/ITKG/overview
Ah yes, certainly brings back fond memories of Electriplast’s incredible fairy tale potential! Thanks for sharing!
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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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