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anyone know if AOME is still involved with TMAX and what is going on with that? There are many parts coming together with this stock, will be interesting to watch over the next couple months.
Results from boat show look promising
Trans Max Technologies, Inc. Announces Letter of Intent from the Miami International Boat Show
Monday March 29, 2:00 pm ET
RONKONKOMA, N.Y., March 29, 2004 (PRIMEZONE) -- Perma-Tune Electronics, Inc., a wholly owned subsidiary of Trans Max Technologies, Inc. (OTC BB:TMXT.OB - News), today announced the signing of a Letter of Intent with an international marine service company to distribute the entire product line from Perma-Tune Electronics. The Letter of Intent will be converted to an order when the configurations and product mixes are finalized. This is anticipated to begin within thirty days, depending on the final product mix and is valued, initially, between $750,000 and $1,000,000. The products included in the Letter of Intent are:
PLASMA DRIVE IGNITION SYSTEM: The Plasma Drive Ignition system is a new kind of ignition that can either be used by Original Equipment Manufacturers (OEM) or retrofitted to most non-diesel gas engines. Tests show that significant increases in fuel mileage are immediately recognized along with increasing horsepower and reducing harmful emissions. This product is currently in production.
PLASMA DRIVE FUEL MANAGEMENT SYSTEM: The Plasma/Fuel Management System is an advanced engine management computer system which will be able to provide a comprehensive and real time management software system for up to 12 cylinders. The entire fuel management process can be individually monitored for each cylinder and changed as required in order to provide maximum fuel efficiency and horsepower for the engine.
Also of significant importance is the Company's:
VESSEL SMART WIRING SYSTEM: The Vessel Smart Wiring system will combine state-of-the-art technologies and wireless technologies to create a complete fuel management system to replace the bulky wiring harnesses currently used today in the trucking and boating industries. Currently, these industries use heavy cables and wiring that run from the controls of the boat or truck to the engines and other parts of the vessel. By using wireless technologies to implement our wiring assemblies we will save on space, weight and reduce maintenance requirements significantly over what is considered the industry standard today.
To round out its dazzling display of products and services, the Company plans to unveil its:
FLAT PANEL DISPLAY: Perma-Tune Electronics is currently designing a revolutionary new touch-screen, flat-panel pilot instrumentation display for the marine industry. The panel will be fully visible in all light conditions, including direct sunlight. A wide variety of engine performance parameters can be simultaneously monitored by the pilot, while concurrently displaying global positioning, sonar and radar data. This one central display simplifies the pilot's job and un-clutters the dashboard. Bulky, failure-prone wiring harness bundles can be eliminated with this product, since a single RS-232 computer cable connects the engine management system to the display. Additional devices can be connected with a single RS-232 computer cable.
Testing Results for Plasmatronics Plasma Drive Ignition
Looks like a profitable market area.
Trans Max Technologies, Inc. Announces Testing Results for Plasmatronics Plasma Drive Ignition Systems.
Wednesday March 31, 4:00 pm ET
RONKONKOMA, N.Y., March 31, 2004 (PRIMEZONE) -- Trans Max Technologies, Inc. (OTC BB:TMXT.OB - News), is pleased to announce test results for their Perma-Tune, Inc. divisions for their Plasmatronics Plasma Drive Ignition System.
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The Plasmatronics Plasma Drive Ignition was recently tested by an independent third party engine builder. This engine builder provides engines to the racing performance industry and is typical of the approximately 3,950 race engine builders that are members of the Racing Performance Industry Association. The company is entering the arena to capture a significant share of the ignition market in this $16.45 billion retail sales industry.
Engine dynamometer testing showed a consistent increase in torque of 5% and 6% in horsepower. Said Lonnie Lenarduzzi, chief scientist for Plasmatronics, ``Aside from the increase in maximum horsepower and torque we achieved with the Plasma Drive Ignition, the most significant achievement was an increase of 400 RPM in the peak torque band of the engine. The gains documented during engine dynamometer tests were confirmed during our track testing of the engine.''
Perma-Tune and the Performance Engine Manufacturer are currently negotiating a contract to supply the Plasmatronics ignition for all of their engines.
Here is one order. I assume it went through. This order represents $2,000,000 in revenue. Not bad!!!
Press Release Source: Trans Max Technologies, Inc.
Trans Max Technologies, Inc. Announces Letter of Intent for $2,000,000 from a Major Motorcycle Aftermarket Vendor
Monday March 29, 4:03 pm ET
RONKONKOMA, N.Y., March 29, 2004 (PRIMEZONE) -- Perma-Tune Electronics, Inc., a wholly-owned subsidiary of Trans Max Technologies, Inc. (OTC BB:TMXT.OB - News), today announced the signing of a Letter of Intent with a Major Motorcycle Aftermarket Vendor to distribute Plasmatronics' (a division of Perma-Tune Electronics, Inc.) Plasma Drive Ignition System. The Letter of Intent will be converted to an order within approximately 45 days. The Letter of Intent is for a minimum of 2,000 units and represents sales of approximately $2,000,000.
Not even a month ago TMAX had a market cap of over 50 million, and now around 3 million. And they now have Bogner industries which they didn't even have then. This is going to be a very large winner imo for those that are finding out about this stock and buying at these rediculously low prices.
TMAX just needs some more investor exposure/awareness as it is clearly undervalued right now imo.
Terryt, i agree with you, there probaly is going to be a fit somewhere. I wonder if there could be any more deals coming?
Bogner Industries
Pretty impressive operation. Always wondered who made all those fancy conveyors, robotic arms etc.
"Now in its tenth year of operation, Bogner Industries, based on unaudited financial information, it expects to exceed last year's sales of $6.7 million with a net profit of approximately $966,000."
I'll be watching TMAX. Not sure yet how Perma-tune fits in with Bogner Industries but you can be sure there is a fit somewhere.
http://www.bognerindustries.com/index.html
Evo, also look at the company they bought this past week. This with there other products could give this stock a big boost. It is hard to believe that there market cap is under 3 million right now.
EVO, New here, this is a partial answer to your question.
Perma-tune is a subsiduary of Trans Max Technologies
"Perma-Tune manufactures high technology, quality engineered electronic and plasma ignition systems that increase horsepower and torque, reduce emissions and improve fuel economy for high performance automobiles, sports cars and exotic motorcars. Complimenting our ignition modules, our product line includes copper-core spark plug wire sets, repair harnesses, coils and spark plugs. We also provide custom research, design and manufacturing services for many scientific, military, oil field and racing applications, specialty engine builders, conversions to alternative clean fuels, industrial ignitors and fuel cell triggers. "
"Perma-Tune manufactures several types of ignition systems: the basic Perma-Tune system, the Coilless system, the Digital Fire system and the Plasma Drive system. It also offers related products such as coils, spark plugs, pre-amps, 10mm pure copper-core spark plug wire sets and wire harnesses.
Installing these products offers drivers a never-before available combination of benefits: improved performance, reduced emissions and increased fuel economy. Drivers don’t need to sacrifice performance for economy, or vice versa, any longer! And, Perma-Tune ignition products are much easier and more economical to install than other ignition systems. This combination of previously incompatible benefits is the result of, quite simply, doing ignition right the first time.
Perma-Tune’s approach is to design extremely effective, powerful waveform circuitry into its products to accomplish this. The Company’s design philosophy is that if you ignite ALL of the fuel-air mixture at the start of the combustion cycle, you get all the available power from the fuel you buy without waste, you leave virtually no unburned fuel to exit the tailpipe as environmental pollution, and you get an exciting performance boost in the equation. All for much less than a consumer would spend on a stock replacement system or competitive aftermarket ignition system. Add to this a very strong technical support structure for our distributors and users along with a one-year factory-direct warranty (both of which are unique in the industry) – and you’ve got a bunch of happy drivers of lean, mean, green machines on the road.
Now you don't have to give up MPG for RPM, you can save gas and go fast!"
FLAT PANEL DISPLAY:
" Perma-Tune Electronics is currently designing a revolutionary new touch-screen, flat-panel pilot instrumentation display for the marine industry. The panel will be fully visible in all light conditions, including direct sunlight. A wide variety of engine performance parameters can be simultaneously monitored by the pilot, while concurrently displaying global positioning, sonar and radar data. This one central display simplifies the pilot’s job and un-clutters the dashboard. Bulky, failure-prone wiring harness bundles can be eliminated with this product, since a single RS-232 computer cable connects the engine management system to the display. Additional devices can be connected with a single RS-232 computer cable"
"Plasma Assisted Diesel Engine Conversion:
The Plasma Assisted Diesel Engine conversion project will be able to convert current diesel engines into more efficient platforms through the introduction of the Plasma Drive Ignition system. This will allow diesel engines to burn fuels more efficiently thereby increasing horsepower and fuel economy. This same system will be able to also allow those same diesel engines to burn lower grade fuels and even additional fuel types. This is perfect for trucking, boating, and military applications. Initial tests have shown that certain gasoline engines have the capacity to be converted to run on diesel fuels. By doing this we are able to provide an engine that will be lightweight and powerful"
With the present price of fuel and a company with a product that will improve mileage with fuel consumption may just be what the government and public are looking for. Watching to see some big names look at their product line.
http://www.perma-tune.com/about-us.html
Bio, i know whay you are saying. I also got burn with this reverse split. I have been buying more now and getting my cost down. I think this stock will go up it is truly undervalued at this level, especially since they bought this new company.
i had 2000 shares a cpl of wks ago....now i have 10...it needs to go to $90/sh for me to break even...ugh..who knew about this reverse split anyway?..
Relham, i agree with you about investor exposure with this company. It looks like they bought this other company for all shares. (31 million) this was before the reverse split. With 1.2 million shares out and about 80 percent plus is held by insiders this company could run real quick. i wouldn't be surprise if this stock reaches 20 dollar share in the next month or two. I have been buying more shares this past week and plan on buying some more next week.
explorer9, I am learning more about this company as time goes on. They definately should have a higher share price than what it is at right now. Problem here now is just not much investor exposure imo. It will be interesting to see their 10Q. I think it will be pretty ugly but not ugly enough to warrant this low of a share price. I think this one will be a great few month hold. Not too sure what short term will bring but I like the prospects here.
March 12 2004 - foreward split 6 to 1
- increase authorized shares 500,000,000 common
- 10,000,000 deferred
May 25, 2004 - 3 groups with Bahama address acquire 43,002,350 shares each
- Peter Mergenthaler is removed as President and Ray Brouzes is new President
July 30, 2004 - 200 to 1 reverse split
Share price has dropped to the .015 to .03 cent range before ticker change and stock reverse split took place Aug. 09, 2004. Investor confidence has been shattered but the issued shares of 1,262,062, is very low. Will have to see what new management team does.
Worth watching. GL
Hi Relham, what do you know about this company? This release seems very good. This company has a very small float out there and can go up very quickly. Has anybody else heard anything regarding this company?
Trans Max Technologies Acquires Bogner Industries's Stock
Business Wire - August 12, 2004 14:39
LAS VEGAS, Aug 12, 2004 (BUSINESS WIRE) -- Trans Max Technologies, Inc. (OTCBB: TMAX) has announced that effective July 15, 2004 it acquired 100% of the issued and outstanding stock of Bogner Industries Inc., a New York corporation, and that, therefore, Bogner Industries is now a wholly-owned subsidiary of Trans Max.
Bogner Industries is a manufacturing and engineering company that designs and manufactures equipment for the food processing industry, the pharmaceutical industry, the cosmetics industry and related Industries. The list of products manufactured and sold by Bogner Industries range from small stand-alone conveyors, to robotic systems, and to multi-million-dollar food processing lines.
Bogner Industries was founded in 1995 by Erwin Bogner and Ruediger Albrecht based on the idea of needed plant automation. Plant automation in most industries is the driving force behind the allocation of capital funds, plant expansion and equipment purchases. Bogner Industries' success is largely attributable to Mr. Bogner's education and experience in engineering and Mr. Albrecht's background in sales, management and business development.
Now in its tenth year of operation, Bogner Industries, based on unaudited financial information, it expects to exceed last year's sales of $6.7 million with a net profit of approximately $966,000.
With the vast array of equipment it has manufactured, Bogner Industries has developed a loyal following of customers. The company's customer list includes names such as Rich Products, Entenmanns Bakery, George Weston Bakeries, McCain Foods, Tasty Kake, Bunge Foods, Marathon Cheese, Freihofer Bakery, Kraft Foods, Pall Corporation, Estee Lauder Cosmetics, Budd Foods, JM Smuckers, Pillsbury Company, Nabisco, Nestle Prepared Foods and Wenner Bread Products.
As an added benefit to equipment sales, a respectable parts business was developed and has begun to contribute to the bottom line in recent years. As Bogner Industries manufactures more and more equipment, a steady increase in parts sales is also expected.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, when used in the preceding discussion, the word "believes," "expects," "intends," "will," "anticipated," or "may," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties. It is possible that the assumptions made by management are not necessarily the most likely and may not materialize. In addition, other important factors that could cause actual results to differ materially include the following: business conditions and the amount of growth in the company's industry and general economy; competitive factors; ability to attract and retain personnel; the price of the Company's stock; and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form 8-K. Trans Max Technologies, Inc. any obligation to update or correct forward-looking statements and also they do not take any obligation to update or correct information prepared by third parties which is not paid for by the Company.
SOURCE: Trans Max Technologies, Inc.
Trans Max Technologies, Inc.
Dr. Raymond Brouzes, 702-382-3377
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