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UNIR: effective Feb. 24,2020 a one for 5 reverse split:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
Now they are losing money. Not sure what their game plan is but it’s not working.
Uniroyal Presentation at LD Micro
http://wsw.com/webcast/ldmicro11/register.aspx?conf=ldmicro11&page=unir&url=http://wsw.com/webcast/ldmicro11/unir/index.aspx
UNIR Q3 16 earnings webcast
https://public.viavid.com/player/index.php?id=121900
Conference call tomorrow:
The Company will have comments on the quarter in an earning conference call on November 7, 2016 at 9:00 am (EST). Persons wishing to access the conference call may do so by dialing 888-857-6929 (U.S.) and 719-457-2607 (International), and using the ID #1385906. Howard F. Curd, President, will discuss our earnings on the call and will be available for questions. The call will also be available by logging on to www.uniroyalglobal.com and accessing the webcast link (https://public.viavid.com/player/index.php?id=121900) in the investor relations section. A replay of the conference call will be available beginning Monday, November 7, 2016 through February 7, 2017 by calling 877-870-5176 (US) or 858-384-5517 (International) and Pin #1385906.
UNIR to release Q2 16 earnings after market thursday.
http://finance.yahoo.com/news/uniroyal-global-engineered-products-inc-193100259.html
Earnings Out:
http://www.quotemedia.com/portal/news?qm_symbol=unir
UNIR at Noble conf tommorrow but webcast won't be up till 22nd.
http://noble.mediasite.com/mediasite/Play/10184ab1e6844170aa55fca3a9f465f01d
Increased Production Line:
http://finance.yahoo.com/news/uniroyal-global-engineered-products-inc-110000015.html
Ratings on Nasdaq
http://www.nasdaq.com/symbol/unir/guru-analysis
Fully diluted there are about 20 million shares. There is some preferred but it is perpetual and non convertible that pays roughly 5% dividend to Uniroyal insiders that sold to Invisa.
Net income available to common shareholders for the second quarter increased to $0.067 per share, or 8.1%, from $0.062 per share in the second quarter 2014. Net income per share on a fully diluted basis increased to $0.050 from $0.047 in the second quarter 2014.
Company presentation
file:///C:/Users/vic-home/Desktop/Uniroyal%20Global%20Engineered%20Products%20Presentation.pdf
Does anyone have the fully diluted number of shares? This seems like a great company but the share structure is worrisome.
Yeah, they are doing well. Hopefully, Germany starts to be a big market for them going forward. Mercedes, BMW, Audi and VW could be a huge boost.
Pretty decent report for UNIR.
They continue to look for strategic acquisitions to grow revenues which now stand at over $100 million annually. Not too many BB companies you can say have those fundamentals.
They continue to look for strategic acquisitions to grow revenues which now stand at over $100 million annually. Not too many BB companies you can say have those fundamentals.
One small step forward
Invisa Inc., INSA, changed to Uniroyal Global Engineered Products Inc., UNIR:
http://otce.finra.org/DLSymbolNameChanges
Shareholder meeting June 25th. They will be changing the name to "Uniroyal Global Engineered Products"
Invisa on Wall street analyzer
http://wallstreetanalyzer.com/invisa-inc-otcqbinsa-ceo-howard-curd/
Maybe not $5, but another new high. Good week ahead imo.
Uniroyal Technical Products - Reverse Merger With Some Very Positive Catalysts
Mar. 31, 2015 11:29 AM ET | About: Invisa, Inc. (INSA)
Summary
•Uniroyal Technical Products, Manufacturer of Naugahyde is Now a Publicly Traded Company.
•Financial Information Was Released in Their First 10k.
•Uniroyal Technical Products Has a Plan to Capture Global Dominance in a Fragmented Industry.
Uniroyal Engineered Products, a producer of coated fabrics, is temporarily a publicly traded company under the name Invisa Incorporated (OTCQB:INSA). INSA had been a listed stock and almost a shell company with very limited sales. By being acquired by INSA, Uniroyal became a publicly traded stock. Information about this transaction is contained in the 8K filing. The acquisition was completed in November and a 10k was filed today.
Howard Curd, Uniroyal Engineered Products' CEO plans to grow the company into a global entity by acquisition and to develop market leadership in a fragmented sector by cross selling products; gaining exposure for Uniroyal Engineered Products and its acquisitions to new OEMs. I spoke to Mr. Curd, and to Vic Allgeier, a spokesperson for INSA and was told that the upcoming 10k will state that the components of the new INSA had revenues of around $100 million for the prior year and a profit margin of about 10%. Mr. Curd said that he aims to change the name of the stock to Uniroyal Engineered Products sometime this year and outlined his plan.
Uniroyal Engineered Products is a producer of cast vinyl coated fabrics, including the iconic Naugahyde brand, providing solutions for the automotive, healthcare, hospitality, marine, recreational, furniture and transportation markets. The company is a piece of the Uniroyal Company started as the United States Rubber Co. in 1892. The Uniroyal tire business was acquired by Michelin in 1990. In 2003, Howard Curd bought Uniroyal Engineered Products, the remaining piece of the original company, which was trading for a fraction of a penny and under bankruptcy protection.
Curd successfully brought the company out of bankruptcy. Uniroyal Engineered Products remained a private company and entered the automotive sector in 2009, about the same time as the auto industry went into a tailspin. Uniroyal Engineered Products was not totally dependent on the automotive market, but what happened then was instrumental in expanding their products into the global market rather than just the U.S. market.
One of Uniroyal Engineered Product's largest customers was Ford (NYSE:F). Similarly to many other U.S. manufacturers, Ford was looking for cost cutting solutions and decided to implement just in time inventory from local suppliers on a global basis. Ford decided that each model car would be built with the same components, despite being built in different countries. They were looking for companies that were able to supply the same product to their manufacturing facilities in Europe, Asia and the U.S. on an as needed basis. Ford had a relationship with Uniroyal in the U.S. and in England with Wardles Storeys Limited, and suggested that the two companies discuss partnering up. The companies merged in 2013 and that merger created the spark for Uniroyal Engineered Product's growth strategy.
Uniroyal Engineered Product's sales were predominantly in the U.S. with 50% of revenues in the automotive industry. Wardle Storeys' sales were mostly in Europe with 80% of revenues in the automotive industry to customers including Range Rover, Fiat, Nissan and Jaguar. Uniroyal Engineered Products has benefited from the connection with Wardle and has secured a contract with Ford in Europe in the production of the Ford Escort as well as entry into the German automotive market. Since companies are now competing globally, entry into the German market means that the new Uniroyal Engineered Products expects to gain German automaker's business not only in Germany, but in the U.S as well. Entry into Europe is expected to also benefit Uniroyal's sales efforts in the healthcare, hospitality, marine, recreational, furniture and transportation markets
The Curd family made incremental purchases of INSA stock and once they had a controlling interest, engineered INSA's acquisition of Uniroyal Engineered Products which they also had a majority ownership position in, completed in November with the Curd family owning about 75% of the INSA shares after the transaction. There was no dilution of shares created by the INSA acquisition of Uniroyal Engineered Products. The Curd family received non convertible preferred shares bearing interest at around 5%.
The company expects that there will be at least one and maybe more acquisition this year funded by their lines of credit and that at some point in the not too distant future a secondary offering will be implemented to add shares to the float, allowing institutional investors to scoop up shares. Mr. Allgeier believes that microcap funds will begin taking an interest after the first 10k verifies what he has been reporting about this new stock.
The market for coated fabrics is highly fragmented and expected to continue to grow. The top six companies in the market had a combined share of only 26% of the overall market, which makes Mr. Curd's plan to grow by acquisition, to offer just in time supply internationally and to gain market exposure and market share by cross selling products a very logical conclusion. Due to the large stake that the Curd family owns, this stock will be a small floater which is subject to wider spreads and greater volatility than otherwise. Despite the inherent risks due to low volume, it is interesting to note that the Curd family has no immediate plans to sell shares. This is a ground floor entry point for investors who agree with this company's strategic plan.
$5+ by end of week imo..
Buck -
Hope you're still in. Finally paying off..
Share Structure..
If I remember correctly Curd/Uniroyal own 10.7 million shares, insiders own 2.6 million, leaving the float at only 1.2 million. I'm guessing they get this a lot higher and announce an uplist, name change and maybe a forward split to give it more liquidity.
A lot of upside from here imo.
Looky here...
Looks like INSA finally getting the love it deserves..
$100 million revenues x only 1x sales = $100 million/14.5 million shares = $7.00 PPS
$0.27 EPS x 25 PE = $6.75 PPS
Low ball value of this should be $6.75 to $7 a share.
With the tight share structure I see this as a $10-$12 stock by summer and an uplist and name change. Glad I held a few from the low $1's.
10K is out. Release coming this morning
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001172706&owner=include&count=40&hidefilings=0
now, that's a sign!
First 10K with all revenues from combined entities (Uniroyal/Wardle) to be out mid March.
Here's the link to the INSA announcement http://ih.advfn.com/p.php?pid=nmona&article=64366857
Yes, it's been an almost given but I wonder why the PPS cannot and hasn't broke over $2 since merger was announced. I think it's valued at $40 million now and folks waiting to see the combined financials maybe.
merger complete 8k filed after hours
I am guessing this merger is a go:
$INSA recent news/filings
bullish
## source: finance.yahoo.com
Sat, 12 Jul 2014 17:04:08 GMT ~ INVISA INC Financials
read full: http://finance.yahoo.com/q/is?s=insa
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Tue, 08 Jul 2014 10:00:19 GMT ~ INVISA INC Files SEC form 10-Q, Quarterly Report
read full: http://biz.yahoo.com/e/140708/insa10-q.html
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Mon, 12 May 2014 16:29:13 GMT ~ INVISA INC Files SEC form 10-Q, Quarterly Report
read full: http://biz.yahoo.com/e/140512/insa10-q.html
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Mon, 05 May 2014 21:06:29 GMT ~ INVISA INC Files SEC form 8-K, Material Modification to Rights of Security Holders, Financial Statements and Exhibits
read full: http://biz.yahoo.com/e/140505/insa8-k.html
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Fri, 21 Mar 2014 19:07:51 GMT ~ Invisa Announces Non-binding Letter of Intent to Acquire Uniroyal
[at noodls] - March 14, 2014 05:00 PM Eastern Daylight Time SARASOTA, Fla.--(BUSINESS WIRE)--Invisa, Inc. (OTCQB: INSA), Uniroyal Engineered Products, LLC and Engineered Products Acquisition Limited jointly announced ...
read full: http://www.noodls.com/view/823F083AE913CA0DC7AEA150FF4D2F3AA95E7DD0
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$INSA charts
basic chart ## source: stockcharts.com
basic chart ## source: eoddata.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$INSA company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/INSA/company-info
Ticker: $INSA
OTC Market Place: OTCQB
CIK code: 0001172706
Company name: Invisa, Inc.
Company website: http://www.invisa.com
Incorporated In: NV, USA
Business Description: Invisa, Inc. manufactures and licenses a line of advanced electronic sensors for safety and security applications. These sensors are based upon the Company's patented presence-sensing design,InvisaShield(TM). The Company's SmartGate(R) product is used in life and property safety mechanisms for parking gates, slide gates and other powered closures. Security sensors using InvisaShield technology are in service at a major museum in New England. The Company revenue includes the sale ofadditional presence-sensors used to improve the safety of industrial doors, commercial overhead doors, powered slide and swing gates, as well as sensors to provide security for various applications.Less >>
$INSA share structure
## source: otcmarkets.com
Market Value: $28,903,552 a/o Aug 11, 2014
Shares Outstanding: 14,524,398 a/o May 12, 2014
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.001
$INSA extra dd links
Company name: Invisa, Inc.
Company website: http://www.invisa.com
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/INSA/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/INSA/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=INSA+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=INSA+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=INSA+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/INSA/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/INSA/news - http://finance.yahoo.com/q/h?s=INSA+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/INSA/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/INSA/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/INSA/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/INSA/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/INSA/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/INSA/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/INSA/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/INSA/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=INSA+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/INSA
DTCC (dtcc.com): http://search2.dtcc.com/?q=Invisa%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Invisa%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Invisa%2C+Inc.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.invisa.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.invisa.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.invisa.com
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/INSA/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/INSA
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/INSA/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/INSA/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/INSA/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001172706&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/INSA/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/INSA/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/INSA/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/INSA/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=INSA&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=INSA
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/INSA/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=INSA+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=INSA+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=INSA
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=INSA
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=INSA+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/INSA/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=INSA+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/INSA.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=INSA
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/INSA/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/INSA/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/INSA/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/INSA/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/INSA
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/INSA
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/INSA:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=INSA
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=INSA
$INSA DD Notes ~ http://www.ddnotesmaker.com/INSA
definitely. she's moving pretty well on her own
She's looking good here ladies and gents!!! A pr would send her flying!!!!
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REVERSE MERGER NEWS:
March 14, 2014
Invisa Announces Non-binding Letter of Intent to Acquire Uniroyal
-Upon completion of the acquisition, Invisa will have in excess of 500,000 square feet of manufacturing space, 500 employees and approximately $100 million in revenue.
-Invisa will acquire all of the outstanding capital stock of Uniroyal Engineered Products and Wardle Storeys Limited in exchange for newly issued shares of Invisa non-convertible preferred stock.
-The number of current outstanding shares of Invisa common stock will not be altered by the proposed transaction.
Current Share Structure:
Shares Authorized: 95 million
Shares Outstanding: 14.2 million*
Shares Floating: 5.3 million
*Curd/Uniroyal owns 10.7 million of Outstanding
Insiders could own 2.6 million of Outstanding
Float is gone..
Current Market Cap (3/21/14): $14 million
1-2x Sales @ $100 million sales = $7-$14 PPS
Invisa (INSA:OTCQB) manufactures and markets proprietary safety sensing products for the parking gate market under the brand name SmartGate®. Invisa’s safety system generates an invisible protective field that moves with and precedes the potentially hazardous leading edge of powered gates.
Invisa Inc.
6935 15th Street East
Suite 120
Sarasota, FL 34243
Phone: 941-355-9361
Fax: 941-355-9373
Uniroyal Engineered Products LLC
Corporate Office
1800 2nd Street, Suite 970
Sarasota, Florida 34236
Phone: 941-906-8580
Uniroyal Engineered Products LLC
Manufacturing Facility
501 South Water Street
Stoughton, Wisconsin 53589-2481
Uniroyal, based in Sarasota, Florida, with manufacturing in Stoughton, Wisconsin, sells to the automotive and industrial marketplace under the name Uniroyal Engineered Products and to the consumer related marketplace under the name Naugahyde®, the most widely recognized coated vinyl brand name in North America. Uniroyal re-entered the automotive interior marketplace in 2010.
Uniroyal Engineered Products merges with UK's Wardle Storeys
Published: March 14, 2013 3:30 pm ET
Updated: March 15, 2013 9:43 am ET
SARASOTA, FLA. -- The producer of the well-known Naugahyde vinyl-coated fabrics brand has merged with a British firm to expand its reach into Europe. Uniroyal Engineered Products announced March 12 that it combined with Wardle Storeys Ltd. of Earby, England. Uniroyal Engineered is headquartered in Sarasota, Fla., and runs a manufacturing plant in Stoughton, Wis. Like Uniroyal Engineered, Wardle Storeys is a major producer of vinyl-coated fabrics. The firms have diverse markets, the major ones including automotive, industrial, upholstery and healthcare.
Terms of the deal were not disclosed. The acquisition became effective March 4.
"There were two main reasons for the merger," said Uniroyal Engineered President Howard F. Curd in a telephone interview. "The geography is important to expand our footprint. Customers, especially in automotive, are getting more global." The other main reason is that the firms' auto business, the biggest market for the combined companies, did not have much overlap. "They sell to different OEMs and Tier 1 companies," Curd explained. "This is an opportunity to open up to new customers overseas."
The combined business has annual sales of more than $100 million, estimated Uniroyal Engineered vice president of human resources John Lynn in a telephone interview. It will be based in Sarasota but the companies will continue to operate under their established names to take advantage of the goodwill they have earned in their markets. There is no immediate plan to create a new name for the combined entity. Uniroyal Engineered has had very limited business overseas, although brokers might have been selling its coated fabrics offshore.
Curd said he and private investors bought Uniroyal Engineered in 2003 with the legal assistance of Five Points Partners LLC of New York. Uniroyal Engineered used to be part of Uniroyal Technology Corp., which filed for Chapter 11 bankruptcy protection in 2002. In 2003 Uniroyal Technology's businesses were split up with Curd and his partners getting the vinyl-coated fabric business. The Uniroyal moniker dates to 1961 when the former United States Rubber Co. changed its name. Uniroyal, originally a tire company, diversified into specialty chemicals, vinyl fabrics, plastic sheet and specialty products. In 1990 French tire major Michelin bought the Uniroyal Tire business. In 2000, Spartech Corp. bought the sheet business comprising Royalite thermoplastic sheet and Polycast cell-cast acrylics. The Naugahyde name derives from Naugatuck, Conn., where the vinyl-coated fabric was first made in 1936. Uniroyal Engineered sells its industrial products under the Uniroyal Engineered Products name and its consumer-related products under the Naugahyde name.
Wardle Storeys' brand names include Amba vinyl-coated fabrics for the contract upholstery market and Velbex calendered vinyl sheet for medical, industrial, barrier, pond liner, decorative laminates and other markets.The company also has a components division that does vacuum forming, injection molding and urethane foam molding for automotive and other markets. Calendered vinyl will be the biggest new business for Uniroyal Engineered in the merger, according to Curd. "Uniroyal [Engineered] and Wardle Storeys have a long history of outstanding design and development capabilities and the technology exchange and the sharing of resources will expand our offerings to all our customers," Curd noted in a news release. Wardle Storeys sells a range of vinyl-coated auto interior trim, including vacuum-formed components. Other markets for such products include marine, healthcare, child care and other transportation applications. Earby, in Lancashire County, is its only manufacturing plant. The firm was privately owned. Wardle Storey referred questions about the deal to Uniroyal Engineered.
According to Hoover's, a Dun & Bradstreet company, Uniroyal Engineered's main competitors are specialty textile firm Hallwood Group Inc. of Dallas; producer of elastomer-coated and unsupported sheeting Trelleborg Coated Systems U.S. Inc. of Spartanburg, S.C.; and Eagle Ottawa LLC, an Auburn Hillls, Mich., supplier of leather and leather laminates for premium automotive interior trim.
Wardle Storeys (Earby) Ltd.
Grove Mill
Earby
Colne
Lancashire
BB18 6UT
Tel: +44 (0) 1282 842511
Fax: +44 (0) 1282 843170
http://www.wardlestoreys.com/index.html
Wardle Storeys, based in Earby, Lancashire, England, is a well established supplier to the European automotive interior market and sells consumer-related products under the brand name Ambla®.
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