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Hit a speed bump for the year.......profit turned to loss due to an exceptionally cold environment. Sure wish the Watsons would sell off their shares to an entity that could bring this conglomeration of companies into a decent revenue earner. Now it is a wait for the first quarter results in a couple of weeks.
Ouch....some entity just took a $ 2000.00 hit. Too bad.... acting like an out of work doctor......no patience.
The trading in this stock looks like it is done through "Insane Asylum Brokerage".
Interesting rise in price on very low volume......?????
Expansion by acquiring Spotton Corp is a good fit for Plaintree. The company has been manufacturing hydraulic and pneumatic cylinders, components and valves for over seventy years. Plaintree is certainly moving in the right direction with growing the business plan.
Could be because the original Canadian....CNSX exchange, I believe...... changed its name to Canadian Securities Exchange, and the link has not been updated. The exchange ( CNS )can be accessed directly, and specific stock info searched by symbol. Plaintree comes up under NPT, and levels of interest are shown....but are not real time.
They have a link for the NPT stock quote on their website that does not work.
Sorry....do not understand. U.S = PTEEF & Can = NPT
This link on their website does not work:
Plaintree Systems Inc trades under www.cnq.ca - NPT symbol
Hit a speed bump with the latest quarter....and the chickens are already running for the hills. Stride to positive results remains in focus.....it is going to be a very good year.
One other positive variable relating to this company concerns their origins in FSO ( free space optics ). Very recently some articles have surfaced espousing the advantages of lasers in the area of space communications and final point to point communications in computer data transfer. Plaintree is still involved on a regular basis with original and still existing customers who use their FSO equipment.
Another order for a custom fire pumper for the emergency vehicle division. Anything that adds to the bottom line is a good thing. FSO division ( Free space optics ) could have a revival according to some latest chatter on laser use for space communications.
.057c close and that's OK because the Canadian close was .155c: It is a Canadian company after all, and that is where the value is recognized.
Moving to the upside: .145c today and 4K at .25c yesterday which, for some unknown reason, did not register on the OTC as the closing price.
Further perspective....if these numbers can be sustained and increased in the foreseeable future....the company should be able to take care of O/S amounts owing to Watson et all.
And just to put things in perspective here ....Deep Down Inc ( DPDW- OTC ) a company I have had shares in for what seems like a millennia, reported less ( by almost $600,000 ) and trades at $ 2.15......a factor of 20X for less productivity.
69% increase in sales and nearly $1,000,000 in profit for the QUARTER.....not too shabby for a company whose shares generally trade around .10c. How long can investors ignore this company on it's incredible journey back to profit and viability.
Fire truck division has just received order for two new units....news release indicates that business is brisk.
Looks like someone ran out of Halloween candy today......a $2.62c trade not including commission cost. What exact level of stupidity could even cause such a trade.
The updated news release this AM speaks for itself......
Profitable first quarter.......all that capital investment starting to pay off.
Current ask is at .25c. This is a good solid company....it's just not on investor's radar to any extent as of yet. That should change when it is compared to other companies with no real value at all that are trading higher ( mostly exploratory resource based ).
Latest News Release......Don't know why the news release of financing for Summit Aerospace in Pennsylvania does not appear on I-Hub's Plaintree ( PTEEF ) board. News releases always appear for Plaintree on the OTC. Is I-Hub asleep at the wheel?
News tidbit shows US side of confidence in Plaintree......Pennsylvania Industrial Development Authority ( PIDA ) through the Pocono Mountains Industries Inc, will provide Plaintree with about half the financing for their new manufacturing facility, the other half coming from their long time bank, HSBC Bank USA.
Summit Aero will be moving in late summer into its new 16,000 sq ft plant in Pocono Summit, Coolbaugh Township, Pennsylvania.
Don't know to do copy paste thing, so interested parties will have to read the actual release.
Bid and Ask gap closing somewhat. Should make for price advancement hopefully.
Spread is even worse today. If shares were offered in increments starting at, lets say .15c....the price would be able to climb it's way up to a higher value. Considering the prospects for fiscal 2014, not even taking into account any new business ( emergency vehicles, structures for mining industry, aircraft and aerospace mfg ) one has to wonder where the true value for the stock price will be this year. Of course, it all boils down to something is only worth what someone is willing to pay for it.
Yeah....that is really dumb. I think it's the greed factor getting too much of a grip on whoever wants to sell.
The spread ( bid, ask) is hysterical
Profitable Year.....with future $20 million in orders received which will be shipped and invoiced for fiscal 2014. Not too shabby for a .06c ask price.
It says at the intro " No new articles for this company " which is totally false. News is forthcoming on a reg basis: Emergency vehicles contracts.....aerospace acquisition ( new plant in Penn, USA ).....and today 3 million dollar stainless steel dome structure. This is an ethical and honest company working hard for shareholder value.....unlike another "piggy owners at the trough" company Deep Down Inc (DPDW).
Next earnings report should bump this stock up five fold...where it belongs. What a sleeper stock, and a missed opportunity for sleeping investors.
Bid and Asked have risen somewhat since return to profitability...there are many other companies not as diversfied as Plaintree that are losing money, have the same share structure, and are trading at twenty times this stock. One that comes to mind is Deep Down Inc ( DPDW ) on the OTC. Management have acted like pigs at the trough while the company bled red ink. I guess the chase for the money tree blinds so called investors/traders to actual value.
More sales and return to profitability in this quarter.......Hard to believe the price of this companys stock. Someone is asleep at the switch. Well rounded company investing in itself....will be much higher when investors stop chasing oil and gold.
Considerably higher ask on the OTC and the CDNX....Is this the resurgence Plaintree investors have been waiting for. FSO, Aerospace, Triodetic, Emergency vehicles????? Which, or is it all of these divisions, could be responsible for the upward trend in the stock price.
So much garbage equity out there.....with the exception of this company. It's been long in the tooth...time to move.
3.3 Million dome structure sale. Stainless Steel for Potash mining industry.
Stock cannot languish at these levels for much longer. This should be considerably higher.
Anyone who does any research on this company will realize that, barring world wide nuclear war, this company is pulling itself together constantly, and could very well be worth upwards of a couple of dollars a share by years end.
Over 600% increase in share price on the OTC.
Another profitable quarter.
News Release on OTC....Sale of 20 FSO units to VAR partners in Bolivia, South America.
News and Income is coming fast and furious for this company.
Completion of large Architectural structure completed in Iqaluit, Nunavut......a church. Plaintree's portion of this project in excess of $ 1,000,000.
OTC news release this AM.
Monthly Progress Report.
This company actually provides a report on the CNX Exchange monthly.
Hopefull this is the same direction USFM is headed by the announcement of its monthly Webinar.
2 Million dollar structure cover for Chilean mine.
And from Monthly progress report March 2011:......In the month of March 2011, the Issuer's Specialty Structures division continued to receive orders from NUMEROUS parties for its varied products. Almost every purchase order the Issues receives for its Specialty Structures division is with a NEW customer with few repeat orders received to date.
The bid on this excellent company is .05 and the ask .20. Incredible!!!! 12.5 Million O/S
Company appears to have it's first contract for manufacture of a Firetruck.
Seems encouraging as to the future.
Has anyone noticed the EPS and the P/E ratio of this company.
This company has pulled itself back from the abyss, so to speak, over the last year, by incorporating two divisions into the fold.
The latest business move for this company is into the manufacture of emergency vehicles, I.E: Firetrucks and other related vehicles.
Should be interesting to see what unfolds in the near future.
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On April 1, 2008, Plaintree Systems Inc. amalgamated the businesses of each of Hypernetics Limited and the Triodetic Group of Companies into Plaintree. Based in Arnprior, Ontario, the Company now operates a number of diversified divisions.
The Plaintree Systems division develops optical wireless communications equipment for Local Area, Wide Area, Voice, Internet and Security Networks.
The Hypernetics division was established in 1972 and is a manufacturer of aero-space components for various applications including aircraft antiskid braking, aircraft instrument indicators, solenoids, high purity valves and permanent magnet alternators.
The Triodetic division, with over 40 years of experience, is a design/build manufacturer of steel, aluminum and stainless steel specialty structures such as commercial domes, free form structures, barrel vaults, space frames and industrial dome coverings for use in the mining and architectural markets.
Plaintree has 12,522,143 common shares and 18,325 class A preferred shares outstanding. Plaintree's common shares are publicly traded in Canada on the CNQ (NPT) and the U.S. on the OTC BB (PTEEF).
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