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I'm wondering if CTKH is showing on their list because of the reinstatement... I'm guessing if we went back to their pre-split holdings it will show ... dark period = not listed. They probably don't list any of their apparent loosers/worthless holdings on their reports.
this is new to me. Fayiz always forgo patents in the past claiming that the process gave away his secrets... These all happened during the "dark period" of the last 7 years. Something must have happened to change his mind.
I'm happy to see any type of institutional investing period - even 326 shares. If they are truly in for 350m + ... great sign of things to come.
This is going to get really annoying.. wish we could keep it to the half dozen or so regular posters and the other couple dozen stalkers/rare posters like me. It' going to get noisy next week and since ragingbull doesn't seem to have an active board and Ihub is one of the first things that comes up on a google search for ctkh - unfortunately, it's likely to be a pre-school classroom all week long.
pump pump pump ---- bashing starts about .0006-.0007 I bet.
my first penny too -- at .0001 I was and have continued to buy the lottery ticket... come on "mega-plier" .
Does anyone know the requirements Nevada places on companies to be current... is there a possibility we'll be seeing a quarterly from 4th quarter soon and thus the volume?
that's about where I put my valuation too.. using a 20x price to earnings? ... depending on what exactly this company is involved in -- it could be a lot higher
no doubt, and it's bullshit this wasn't a penny 5 years ago... Hilal has done nothing for we the shareholders however I haven't had any doubt that this was a real company (a rarity in pinky land) and I always figured it was worth a few grand to gamble on a life changing stock trade.
I made my first purchase of this a decade ago... been accumulating as time goes on every time I had a few "extra" hundred sitting in an account --- could the lottery ticket actually come in ???
The difference here vs. other penny plays is that they're a legitimate company. You can see on google maps.. growing, making property improvements etc... Ref.USA , D&B all the business research sites have them at roughly 10m annual revenue. and 29 employees.
If Fayiz is finally doing the 500m share buyback, he's ready to release info. If this is another P&D , volume will dry up in 24-48 hours and here we sit again.
thank you to whoever gave a heads up on SREH a couple months back on this board ---- shaping up nicely.
Did a little digging today thru my library access to Hoovers and Reference USA.
Ref USA has updated info as of June 2013 of
Cetek Technologies $ 8,703,000 in sales
Hybrid-Tek $ 2,436,000
Belanger $ 276,000
So roughly 11.5 million
Hoovers has dated info putting Cetek Inc at $ 3,400,000.
Looks like we're at 12-15 million in annual revenue.
What's a fair PE ? 20/1 ?
This shouldn't be trading for less than .03/share.
Does anyone know if Fayiz will be forced to publish quarterly reports with the reinstatement? We could finally be looking at a very fun ride.
I really liked hearing that a good portion of HT's revenue is government related. Despite current governemtn cutbacks; this lends tremendous credibility to the operations here.
Alex Stanton, a spokesperson for Bain Capitol, does not dispute that Lavine was on the board of Ampad, but insists that he had nothing to do with the workers being laid off in Marion, Indiana.
“Jonathan Lavine was not at Bain Capital when Ampad was acquired by the firm, and was not involved on the investment during the challenging situation at the Marion plant. The assertion he had any involvement with those events is totally false,” said Stanton in a statement.
Faux News and the right wing spin machine are desperately trying to cook up a counter offensive... this whole thing doesn't die unless Mittens releases his taxes ...
I got mine today as well... same boiler plate as everyone I'm sure.
I agree w/ Penny in regards to the threshold. Personally, I don't believe the 10-20 letters we were able to muster here are going to cut it, even if it does represent several hundred million shares.
mine was sent yesterday, should get there mid week ... I like the idea of this hitting as a "drip" campaign over the next 1-2 weeks.
I'm in too, probably won't have time until tomorrow to get the letter out...
some positive news... on Cetek's market anyway
http://finance.yahoo.com/news/global-markets-technologies-materials-thin-112500118.html
I'm in on the letter too ... I do like the suggestion of sending one letter. Maybe everyone who particpates in or stalks this board could send their real names via PM to be included in one letter... copied to Hilal
just a lurker here.. watching and will likely get in. My question however, is totally unrelated to LQMT. I used to "play the pennys" years ago and am looking to get back in. I have an account that has been sitting stagnant for a few years- MyTradz is who I used to use, but they were bought out by an outfit called Folio Investing that does not broker OTCBB..
Who are you guys using? I've been doing a little research today, but a lot of the online pbrokerages seem to have "penalties" (extra fees, % or limits on what they allow to trade)
What are the best ones out there? I'm willing to spend a few more bucks a trade if there aren't minimum or maximum share counts and fees ,etc.
suggestions?
Was on Ref USA today for some business research and pulled up Cetek, appears they're still growing
lastest info updated in Sept. 2011 ...
Location Employees
29
Location Sales Volume
$14,906,000
Credit Rating Score
A+
41 million + by 11:00am .... come on now CTKH, let's have a Merry Christmas and break out of the .0001 - .0002 --- hows 'bout a nice BID at .0002 +
how long has it been since we saw .0002?
it's alive, it' alive
C ( to the low side too, just shy of 12 million )
and it's still listed and trading too (albeit little to none, you see these 500k and 1m trade days... usually one transaction--- is he actually buying it back? slowly enough to keep it off anybody's radar)
sorry, just double checked... that's '96 for UCC filings.
Happened to be in ReferenceUSA database today for work and searched Cetek, Belanger (nothing there), and Hybrid-Tek... non of them have data for '08, or '09 but it shows Cetek as having 29 employees and location sales of 14.6 million (not listed as Cetek Technologies, but Cetek ; however states 19 Commerce as the address) and Hybrid-Tek with 16 employees and 2.4 mil in sales for location, Sayiz Hillal is stated as the president for the company. No UCC listings for Hybrid-Tek and nothing new since '06 or '07 for Cetek.
RefUSA data has proved pretty reliable for me in the past, but I have no idea what sourcing they use. However,by this... it appears the company is profitable(perhaps Linco contract wasn't B.S.)
The next question is structure and how/if Fayiz is pumping things through Cetek Inc. and is going to screw us, or as I believe I've seen posted here, Cetek Technologies supposedly owns Cetek Inc. and we should see it reflected in the stock price eventually.
If they're posting 2010 data already, and nothing prior--- they're getting this somewhere.
just thought to google it within Korean language...
he didn't, I found it about an hour ago and posted on RB
does anyone know if the change in domicile requires any official count of share structure? I'm not one of those who believes in the big bad Naked Shorter philosophy, however in addition to the other advantages of incorporating in NV, is it possible that Hilal's belief in a NS position here influenced his decision?
as far as beginning to release financials, I believe the only reason Fayiz is/would do so is because Cetek has reached the 10 mil in assets requirement... he wouldn't bother otherwise. The only reason he didn't in '05 was because he did not yet "have to" ... he thought they'd reach that mark in '05 and finally have 6 months later
" Our original business plan's objective was to become a fully reporting public company as revenue growth DICTATED. It would be LIKELY that we will see this objective met by the end of 2005. "
-- as usual , Fayiz was a little overly optimistic in timeframes, I for one couldn't care less ...
10,000,000 / 5,324,947,740 = .00187795
*20 = .0375
*40 = .0751
(I do realize PPS is based upon earnings, but this is a vaguely realistic valueing of our shares)
you have to pay to update your listing with Thomas, Fayiz aint paying anyone anything to advertise these days.
not on 1.7 mil shares they don't
what would a sales manager know about PURCHASING... IR is likely to know very little or nothing as well. Who Alcoa buys such a minor portion of their overall material supply would be rather insubstantial information to their investors... good try, but rather inconclusive ...
where's everyone over here today ? ... nice to see a little volume again ... if it can push over 30mil this afternoon we just might see that .0021 we need to break ....
yeah, I'm curious as to what it has to say about Cohen, as there isn't much out there on the web and the site has nothing.
the only reason I lean away from the ovens is that they have "been in development for over a year" , and I would assume with periodic payments as work/ phases were completed. I'd like to assume the Fayiz had the financial management skills to know where the money was coming for them before making the commitment. It may be wishful thinking, but I suspect that another aquisition is in the works.
what's interesting to me about the OS is that Fayiz had sated that the acquisition of HT was done w/o further dilution, as Orange has said many times.. pay attention to what's in thr PR's... if the ovens required $1.5-2 million, they had better be be rather frickin' productive.
entirely speculation, but bear with me. The OS as of 4/05 according to pinksheets was 4.39B ( this information supposedly is from the company per pinksheets.com ) ... 1B shares in 3 months ? The last PR had said the ceramic store is anticipated to be online by years end ... have they finally come to terms with a particular acquisition that was rumored last fall ?
you might also look at that as a "heads up" as well, many have stated he gave no warning what so ever and had stated they had or were about to initiate a buyback ... had I been in at that time, I would have sold in a heartbeat with wording like that coming from any CEO, let alone a pinkie...
in regards to assets, just for clarification for any and all who are/were unaware and interested:
Good Day,
Sorry for the delay in responding to your request about Ctek and Hybrid-Tek.
Cetek has acquired the business aspects of Hybrid-Tek, Inc
with no ownership of the building or land. Hybrid-Tek. Assocites is still the landlord and owner of the building and land.
Thank you for the best wishes.
Edward M. Gildein
----- Original Message -----
From: ------
To: egildein@hybrid-tek.com
Sent: Sunday, April 10, 2005 9:50 PM
Subject: Cetek acquisition
Mr. Gildein :
I have been a long term investor in Cetek Technologies. I am very pleased at the recent announcement and wish you and your staff great success in any and all ongoing and future endeavors.
I was hoping to get some clarification as to the nature of Cetek's acquisiton of Hybrid-Tek, Inc. Is this limited to intellectual property and equipment or does Cetek now own or hold interest in the real estate? It is my understanding that yourself and several associates own the building in the name of Hybrid Tek Assocaites (or similar). Would you please clarify this for me as best you can. Thank you very much for your time.
Sincerely,
yeah, I'm sure they wasted the resources to have the site built .. that sounds like the EW
I think that will be pretty inconsequential... the dozen or so of us who follow this daily are mostly all vested here anyway, it's those on the sidelines who matter. The fact that a few dozen people already know isn't going to significantly squash any momo this should/will create...
sorry, I should have been more specific in my reply... cetek's site is being updated as we speak...
that links down already, looks like they're doing work tonight as the main page has changed too... it'll be up by Monday for sure ...