Retired investment banker, private investor and executive (C-level) consultant. Investing/trading since 1981
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KBFP shareholder meeting tomorrow, a reminder:
http://www.investorshub.com/boards/read_msg.asp?message_id=214373
Major problems getting in here today, I know you guys and gals already know, just thought I would alert to it again...
Sheesh, now I'm in w/ Netscape and IE freezes, lol...
G, Don't forget to use your disc cleaner once in a while, too, lol. I sometimes forget myself...
Regards...
mmayr, Oh, I'm definitely sticking around. Nice thread, imo.
BTW, KBFP seeing some upward action again this morning although pulling back a tad now. I started a thread for KBFP on IHub in the past two weeks. Check out last week's contract news and tomorrow is the shareholders meeting.
Regards...
gemmerling, I'm having alot less trouble using IE getting here. Forget Netscape - not even once can I access IHub the last few days using Netscape 6.2; no problem w/ Internet Explorer.
Regards...
mmayr, I can't believe I forgot to boardmark this thread; just saw your message, lol. Anyway, RB does stink now (as if it wasn't bad enough before w/ all the bashing) and I do think you'll start seeing alot of new faces as people find out about IHub.
Patiently awaiting more news on PERF...
Regards...
Weekly: APSW, KBFP, MPCO (jobynimble
fantastic57, I like the way PERF has been trading lately. I'm hoping for a nice Christmas present...
Regards...
mmayr, The three stocks I posted are buy and holds for now, imo. All three have had terrific news lately and are just starting to get noticed. FAME and PERF are inter-related in a way since FAME owns about 540,000 PERF and PERF has news pending any day now from the October 23rd news regarding its letter-of-intent news with Graphco. And FAME looks cheap on its own. Also, KBFP had news last week that'll double sales for next year and their shareholders meeting is next week.
In this market environment, I'm looking for and accumulating what I feel are potential momemtum plays. All three are fitting that criteria. Do your homework and I think you'll see what I do.
Regards...
P.S. so much for lurking, lol...
mmayr, I'm fairly new to IH but I've started threads on PERF, FAME and KBFP. Please let me know if additional info. is wanted. I'm bookmarking this and will plan to be a lurker for now to get a feel for it.
Regards...
Flamemaster Reports 4th Quarter and Fiscal 2001 Year End Results
http://www.siliconinvestor.com/research/story.gsp?id=2047773&s=FAME
Flamemaster Reports 4th Quarter and Fiscal 2001 Year End Results
http://www.siliconinvestor.com/research/story.gsp?id=2047773&s=FAME
KBF Executes Seven Year $21 Million Recycling Services Agreement
PATERSON, N.J., Dec 12, 2001 /PRNewswire via COMTEX/ -- KBF Pollution Management, Inc. (OTC Bulletin Board: KBFP) ("KBF") today reported its execution of a seven year recycling services pact valued in excess of $21,000,000 with a domestic distributor of industrial by-products.
Under the terms of the agreement KBF will provide an array of recycling services, worth an estimated $3,000,000 annually, at KBF's proprietary Recycling and Commodity Manufacturing Center in Paterson, New Jersey. The agreement provides for the distribution of various industrial by-products to KBF for recycling with KBF's patented recycling technologies and the sale of any products recovered by KBF. The agreement requires that the identity of the distributor remain confidential for competitive reasons.
Kevin Kreisler, KBF's President, stated that, "the anticipated doubling of our current annual volume is clearly a positive material development and underscores an impressive year in which we have made several significant strides in our continuing development. The recycling we will perform under this agreement falls squarely within our core competencies and, due to the high process efficiency of our technologies, we expect the gross profit on the anticipated additional revenue under the agreement to be somewhat greater than 30%."
Full-scale production as contemplated by the agreement is expected to begin in the 2nd Quarter 2002. Revenues realized under this new agreement will be partially dependent upon fluctuations in certain relevant commodity valuations. Based on the targeted volumes to be distributed to KBF under the agreement, and KBF's experience with commodity manufacturing and distribution, the agreement is estimated to range in annual value from $2,250,000 at the minimum anticipated levels of production, to $4,750,000 at full production. The agreement also includes provisions for additional increases in production with further development of KBF's recycling infrastructure.
Looking ahead, Mr. Kreisler added that, "we expect that this agreement will not be an isolated event as continued increases in contract demand are expected in the near term. We expect to see strong demand and growth in our core markets as our penetration continues to increase into the significantly larger levels of producer output. Our earnings have increased dramatically on increased recycling service sales for the year to date -- a trend we expect to continue for the balance of the year."
KBF's 10-QSB for the third quarter 2001 disclosed that KBF's recycling service revenues for the nine months ended September 30, 2001 increased 20% to $2,258,349 from $1,884,202 for the same period last year, and earnings before interest, taxes, depreciation and amortization increased to $365,614 from $(803,637) for the same period last year. Gross profit for the nine months ended September 30, 2001 increased by a dramatic 536% to $539,625 from $100,676 from the nine months ended September 30, 2000. The increase in KBF's gross profit was reported to be due to the favorable economies of scale associated with KBF's increased volume and increased reliance on KBF's core technological capabilities.
About KBF Pollution Management, Inc.
KBF is a growth-stage company that is working to establish itself as the premier recycling services provider in the nation. KBF's Paterson, New Jersey flagship recycling and commodity manufacturing center has been designed for the large-scale application of KBF's Selective Separation Technology(TM) ("SST(TM)") (U.S. Pat. Nos.: 5,753,125; 5,908,559; 6,254,782) and other patent-pending and proprietary resource recovery technologies. These process technologies separate, remove and recover a wide range of metals from liquid and solid wastes as well as other production and manufacturing media. Use of SST(TM) and its related processes enables KBF to competitively recycle a much broader array of hazardous and non-hazardous waste than any other recycling service provider known to KBF. Wastes managed with KBF's technologies become products that are comparable and superior to the quality of virgin ore material extracted from the ground. Use of KBF's technologies eliminates the federally mandated 'cradle-to-grave' liability for which a waste generator would otherwise remain perpetually liable. KBF's technologies apply to manufacturing, industrial and municipal waste processes that contain metals or otherwise produce a metal bearing waste by-product. KBF also provides regulatory compliance support services to its customers and is developing an environmental services business-to-business website, TSDonline.com(TM).
Safe Harbor Statement
The foregoing discussion contains forward-looking statements that are based on current expectations, and includes statements regarding KBF's expectations, beliefs, intentions, or strategies regarding the future. Actual results, including the timing and amount of anticipated revenues, may differ due to such factors as: the performance of our customers; commodities valuation, regulatory delays; dealings with governmental entities; economic and other conditions affecting the financial ability of actual and prospective clients; and, other risks generally affecting the timing and financing of projects, as well as other factors. These and other risks associated with KBF's business can be found in its Annual Report on Form 10-KSB for the year ended December 31, 2000, and other periodic filings with the SEC. KBF Pollution Management, Inc. trades on the over the counter bulletin board maintained by the NASD under the symbol "KBFP."
MAKE YOUR OPINION COUNT - Click Here
http://tbutton.prnewswire.com/prn/11690X66465864
SOURCE KBF Pollution Management, Inc.
CONTACT: Joseph B. Schmidt of KBF Pollution Management, Inc.,
+1-800-366-1426, fax, +1-973-942-7527, or investorrelations@kbf-pmi.com
URL: http://www.kbf-pmi.com
http://www.prnewswire.com
Copyright (C) 2001 PR Newswire. All rights reserved.
Nice day today - could be in anticipation of this:
http://www.kbf-pmi.com/news/events.shtml
Joemoney, The increased activity is probably in anticipation of the actual signing of the merger agreement with Graphco which could happen any day now. After it's done, that's when I think the real fireworks could start with both PERF and FAME. And even without FAME's stake in PERF, FAME is cheap on its own.
Regards...
Flamemaster Declares 50th Consecutive Quarterly Cash Dividend
SUN VALLEY, Calif., Nov. 30, 2001 (PRIMEZONE via COMTEX) -- Flamemaster Corporation (Nasdaq: FAME chart, msgs) announced that its Board of Directors declared a quarterly cash dividend of .032 cents payable on January 3, 2002 to shareholders of record December 14, 2001.
Flamemaster Corporation is a specialty chemicals manufacturer servicing the aerospace and defense industries with high performance aircraft sealants and coatings. Flamemaster continues to hold a significant interest in PerfectData Corporation (Nasdaq: PERF chart, msgs), and an extensive investment portfolio.
PerfectData recently announced that it executed a letter of intent to acquire Graphco Technologies Inc. (G-TEC), a technology software and systems development company providing advanced security solutions for Biometric Identification, Secure Access, Surveillance and Secure Law Enforcement Incident Management. G-TEC Solutions offers systems for protecting public and personal security and assets, while protecting data information, communications and individual privacy.
The release herein may contain or identify a forward-looking statement. These statements are based on a number of assumptions and estimates, which are inherently subject to uncertainty and contingencies, many of which are beyond the control of the Company and reflect future business decisions, which are subject to change.
SUBJECT: Dividend Reports and Estimates
KEYWORDS: DIVIDEND, SOFTWARE, AEROSPACE
CONTACT: Flamemaster Corporation, Sun Valley
Joseph Mazin, President, CEO
(818) 982-1650
Fax: (818) 765-5603
http:/www.flamemaster.com
flamemaster@cyberhotline.com
DELIVERED BY PRIMEZONE MEDIA NETWORK 800-307-6627
Copyright (c) 2001. PrimeZone Media Network, Inc.
Joemoney, Watch for news on PERF next week. And yes, FAME did have that run to 20 and so did PERF and I made a pile of money then and I expect to do so again. I'm re-loaded again with both, having accumulated them in the past six months and I expect a similar run again. Stay tuned...
Regards...
P.S. More news on the way this week on KBFP also.
KBF Participates in New Jersey Technology Tax Certificate TransferProgram.
PATERSON, N.J., Nov 26, 2001 /PRNewswire via COMTEX/ -- KBF Pollution Management, Inc. (OTC Bulletin Board: KBFP) ("KBF") today reported that it will be participating in the New Jersey Technology Tax Certificate Transfer Program. The State sponsored program allows new or expanding technology businesses to sell their unused Research and Development Tax Credits and unused Net Operating Loss Carryover to corporate taxpayers in New Jersey. The selling businesses must qualify as an emerging technology or biotechnology company and buying businesses must have their business or a portion of their business in New Jersey.
Kevin Kreisler, KBF's President, stated that "this innovative program clearly shows New Jersey's commitment to developing ways to assist the sustainable growth of emerging high-technology businesses within the State. We pride ourselves on our patented technologies, as well as the time and effort invested into researching, developing and refining new and increasingly-efficient applications for our technologies. This program is just one of several that make New Jersey an excellent place for us to continue to develop our technologies and grow our business."
KBF additionally reported its plans to invest the majority of the proceeds from the program into KBF's Share Repurchase Program and continued infrastructure development. "The use of our technologies on the commercial scale is demonstrably profitable. Our gross profit has increased dramatically on increased sales in our core markets for the year to date, and material increases in contract demand are expected in the near term. We are extremely pleased with our recent progress, especially given the current levels of producer output, and we are going to supplement our increased financial strength with accelerated investment in shareholder value and process infrastructure," Kreisler added.
Under KBF's Share Repurchase Plan, KBF stock may be purchased in the open market, by block purchase from time to time in compliance with the SEC's Rule 10b-18, subject to market conditions, applicable legal requirements and other factors. The Repurchase Plan does not obligate KBF to acquire any specific number of shares. Shares repurchased will be held in the treasury for general corporate purposes or retired. The first stock repurchases under the Repurchase Plan occurred in 2000, and further purchases are planned as revenues increase with realization of targeted production benchmarks. More information on KBF's Share Repurchase Plan is available online at http://www.kbf-pmi.com .
The New Jersey Technology Tax Certificate Transfer Program is administered by the New Jersey Economic Development Authority and the New Jersey Division of Taxation pursuant to the New Jersey Emerging Technology and Biotechnology Act. Through the program KBF expects to sell approximately $1.6 million in unused net operating loss carryover for approximately $110,000 in 2001.
About KBF Pollution Management, Inc.
KBF is a growth-stage company that is establishing itself as the premier recycling services provider in the nation. KBF's Paterson, New Jersey flagship recycling and commodity manufacturing center has been designed for the large-scale application of KBF's Selective Separation Technology(TM) ("SST(TM)") (U.S. Pat. Nos.: 5,753,125; 5,908,559; 6,254,782) and other patent-pending and proprietary resource recovery technologies. These process technologies separate, remove and recover a wide range of metals from liquid and solid wastes as well as other production and manufacturing media. Use of SST(TM) and its related processes enables KBF to competitively recycle a much broader array of hazardous and non-hazardous waste than any other recycling service provider that exists today. Wastes managed with KBF's technologies become products that are comparable and superior to the quality of virgin ore material extracted from the ground. Use of KBF's technologies eliminates the federally mandated 'cradle-to-grave' liability for which a waste generator would otherwise remain perpetually liable. KBF's technologies apply to manufacturing, industrial and municipal waste processes that contain metals or otherwise produce a metal bearing waste by-product. KBF also provides regulatory compliance support services to its customers and is developing an environmental services business-to-business site called TSDonline.com(TM).
Safe Harbor Statement
The foregoing discussion contains forward-looking statements that are based on current expectations. Actual results, including the timing and amount of anticipated revenues, may differ due to such factors as: regulatory delays; dealings with governmental and foreign entities; economic and other conditions affecting the financial ability of actual and prospective clients; and, other risks generally affecting the financing of projects. Additional risks associated with KBF's business can be found in its Annual Report on Form 10-KSB for the year ended December 31, 2000, and other periodic filings with the SEC. KBF Pollution Management, Inc. trades on the over the counter bulletin board maintained by the NASD under the symbol "KBFP."
MAKE YOUR OPINION COUNT - Click Here
http://tbutton.prnewswire.com/prn/11690X88843519
SOURCE KBF Pollution Management, Inc.
CONTACT: Joseph B. Schmidt of KBF Pollution Management, Inc.,
+1-800-366-1426, or fax, +1-973-942-7527, or investorrelations@kbf-pmi.com
URL: http://www.kbf-pmi.com
http://www.prnewswire.com
Copyright (C) 2001 PR Newswire. All rights reserved.
KBF 2001 Annual Shareholders' Meeting
KBF will be holding its Annual Shareholders' Meeting at 9:00 a.m. Wednesday, December 19, 2001 at The Brownstone House located at 351 West Broadway, Paterson, New Jersey for shareholders of record as of the record date of November 18, 2001. KBF's latest earnings report, its 2000 Form 10-K and its proxy statement are available below. In addition to regular administrative matters, we will be reviewing the many very exciting developments from the past year, and we will be discussing several significant developments that will materially effect the year to come. Thank you and we look forward to seeing you.
http://www.kbf-pmi.com/news/events.shtml
Hi Joemoney, One you should look at is PERF on NASDAQ smallcap. Read the recent news in the past two months. I think PERF really goes once more news comes out regarding their merger with Graphco. And also take a look at Flamemaster - FAME owns about 540,000 shares of PERF, and also has positions in some other public companies, including HRCT (another one to look at).
Also, FAME even pays a dividend and trades at a cheap p/e multiple. Their website = www.flamemaster.com
FAME also had news recently that their sales increased about 40% for the fourth quarter and it'll carry into the first quarter.
Regards...
Joemoney, Their webpage, http://www.kbf-pmi.com is the best place to go for due diligence. Some postings on RB, also. On KBFP's webpage, you can read some of the comments on their patented technology. Hope this helps.
Regards...
For further due diligence, KBFP's website is
http://www.kbf-pmi.com