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I certainly agree with you, but I'd really like to see some data on just how great the energy saving is. I questioned some time ago if this technology might actually be used for lighting, as it's supposed to be so efficient. If it could be used, it could also lead to fixtures that would not only dim, they could change colors.
The reality seems to be that there is virtually no end to the potential applications of the technology, the key is production. Right now, I believe if CTKH could produce ten times what they currently produce they could probably get the orders. That's a nice position to be in as long as you're in the process of expanding production.
We must remember that while CTKH may do it best, there are others who do it, and if CTKH can't deliver, others will. I can only hope that CTKH isn't taking orders they cannot deliver on, but at the same time they're expanding production to meet the anticipated demand.
Gary
Il Padrino,
I agree with your assessment completely if they truly have the goods. As I understand it, the difference between their technology and everyone elses is that the materials they create with their process don't require machining, thus they are higher quality to begin with. The process apparently doesn't have limitations either. If someone wants a ten foot screen, given the necessary resources, Cetek could build as many of them as they want, and do it for far less then the cost of current technology.
The rate that a price like $10 could be reached could surprise everyone if emotion got into the trading. I'm certainly not saying it will happen that way, but I saw EDIG go from under a dollar to over $20 in a matter of months on emotion. It couldn't sustain the price, and is currently back to something like 25 cents.
If the price starts rising on emotion, I wouldn't sell, but this time I'll set some stop losses, and raise them as the stock moves up.
Gary
Your conclusions are correct as I understand it. As to the need for the additional stock, no one wants them to issue it, but we all can understand that if they need additional equipment, wish to acquire another company, etc. they may choose to issue the stock rather then taking on debt.
The idea that a stock selling for under a penny is debt free sounds very positive to me. If the profits are growing, as we've been led to believe they are, I cannot imagine it trading for less then a penny much longer, even if it's only earning a small fraction of a penny per share.
The good news is whatever the earnings are this quarter, they should grow each succeeding quarter. To reach a penny a share the company would have to be earning $38,750,000.00, while that may be a stretch this year, it won't be for long. The growth potential is so great for this company, I'm not sure that by the time it reaches that point it won't be selling at a P/E of 50 or more. 50 cents a share would be very positive for all of us who are currently invested, but the potential of the stock is to go much further then that.
Gary
Dickhertz, I think there are many other explanations including the company continues to drift lower because of the complete lack of news.
From what I've gathered in the roughly a month I've owned the stock is that the company's been around for quite some time, they have customers, they have sales, they have income, and yes they have a lot of shares outstanding. I don't expect them to earn a penny a share, at least not this year, but it won't be long before they're earning several cents a share as their technology comes to the forefront.
From what I've read there is no way this company's going out of business, unless it's acquired. If it is, it should be at substantially more then the current price.
Gary
Sorry Penny, I was no doubt wrong about which stock I heard about that was that big. If I have a chance, I'll check up on some others.
I frankly don't see single digit billion shares as being too much of a problem, but to get on the Nasdaq they'll need either tremendous earnings to drive the price to $5, or the reverse split that most of us dread. The AMEX doesn't have the same requirements, potentially a penny stock could get on it when it has the appropriate Market Cap, earnings, etc.
GMED, another stock I'm in, has just applied, but to qualify their price must reach 26 cents, and they need a few more million in the bank. Their CEO believes he can get the job done.
Gary
Penny, I'm not an investor, but take a look at ADOT, if I remember corectly their OS go into the hundreds of billions.
By the way, I heard of them because they've invested in GMED, which I am invested in, and they've made a substantial profit there.
Gary
Hi Cetektwomillion,
I've been involved in a few reverse splits, with one exception they have been disasters. I'd be very concerned, probably wouldn't have invested, if CTKH had hundred of billions of outstanding shares, as some of the penny stocks I'm aware of do, but it doesn't. It has a lot of shares, but I believe it can grow its earnings to give us a respectible price with this many shares outstanding.
I really don't know much about the different materials they are capable of making, but it certainly appears that their procedures are superior to what's otherwise available.
I believe CTKH's price could move up substantially on a submission to move off the pink sheets, but I'll add the caution that such submissions frequently take six months or longer to be approved. During that period, CTKH would be in a quiet period, if they don't wish to irritate the SEC, during that time, about the only news they can discuss is that which is Material Information. They certainly may conduct normal business operations, they simply cannot speak freely with investors about what they're doing.
I'm not certain, but they actually may qualify for a listing on the AMEX if they choose to go for it. I'm also invested in GMED which announced today that they're going for a listing on the AMEX, as I remember it, they have somewhat fewer shares and are selling for about 18 cents, but they can qualify based on one of the AMEX catagories, I believe CTKH could do the same.
Frankly, just the audit they must undergo to submit to the SEC should tell investors a lot about the company that's currently not officially known. If some of the beliefs I've read about are confirmed in the audit, I can see no way that the stock price won't rise substantially. I would hope that the company actually reported the audit, and plans for the future to the shareholders and general public before submitting to the SEC. I say this because it would be great to hear the company's thoughts before submitting to the SEC when they'll probably have to impose a Quiet Period. I don't know when it will happen, but I look forward to tremendous growth with this company, and I believe they can do it without a reverse split.
Gary
Would anyone care to guess how high the earnings for the company might be this year, and what do you think about the succeeding years.
My view is every year will be substantially greater then the past year, but I really don't know what to expect this year.
What's very encouraging to me is the fact that the company's apparently undergoing an audit intended to move them up from the pink sheets. I know registration is complicated, I'm involved in another company, CDEX, that has been working on it with the SEC for about a half year and still probably has over a month to go if the SEC doesn't have any more questions. After not trading at all, CDEX started trading on the Pinks under the symbol CEXI, but it was not authorized by the company, and they don't like the symbol. Perhaps the toughest thing about Registration is the Quiet Period recommended for those who apply. Generally the only thing that management can report is Material Events, which legally need to be reported. I gather that Cetek's management doesn't routinely speak to shareholders, but it seems that we at least learn something about what's happening there, during an SEC Registration it could easily be 6 months or more before the company can routinely communicate with shareholders. Don't get me wrong, I believe moving off the Pinks is worth it, and I believe it will lead to substantially higher prices without a reverse split.
Gary
Il Padrino, I'm no expert, but I doubt if you'd get in trouble as you were given the information. The person at say Lucent might get in trouble if the information involved confidentiallity which he violated. If it's simply a case where Cetek is supplying materials to them, and he's venturing the opinion that future demand will increase substantially it may not be a problem at all, especially if he isn't personally in a position to influence the ordering of the material.
Of course the SEC might be hard pressed to determine who suggested any buys in this stock. With all the multi million share buys, I doubt if they'd look at anything under say ten million shares. If you're right, you don't need a million shares to be very wealthy, I wouldn't raise any flags at the SEC by buying a really large number of shares.
I hope your source is excellent, but not in a position to get hurt.
Gary
Jim Stock is the person the company sent me to for further information. If you check my post from last Thursday, as I remember it, you'll find his phone number and e-mail address.
He currently represents about 7 companies in this way. Hopefully the company will grow to the point that someone inside becomes responsible for Investor Relations, but for now Mr. Stock performs that function.
Gary
Spockster, I probably should have added that he also indicated that the corporate website should be up soon, perhaps by the end of the month. I've seen this from others, so I gathered that it was well known.
I hope the website will answer some of the questions that Mr. Stock didn't want to answer himself.
This is clearly an industry that's in its infancy. We all have many flat panel displays in our computers, cell phones, etc. It may take substantial time to move to this technology from LCD's etc, but if the technology's that much better, it will happen in time just as flat panel's are replacing CRT's in most applications today.
If we truly wanted to reduce our use of energy today, incandescent bulbs would be illegal except for special applications. In the future it might be the flourescents that become too inefficient to continue using legally. The beauty of this new technology is not only is it far more efficient, it can be far more effective as not only the level of light could be adjusted, so could the color.
Gary
I had a very pleasant conversation with Jim Stock this morning. While he was short on specifics, I was impressed with what he had to say about the company.
Among other things, he indicated that last year they held an annual meeting in August. No meeting has yet been announced, but August of this year is certainly possible. He also indicated that they had accountants working on what's necessary to move from the Pink Sheets hopefully later this year. I know this is a monumental undertaking, and there are frequently delays because of questions which must be answered to the SEC's satisfaction, but I believe it's very much a step in the right direction.
I had heard it before, but he confirmed to me that the company was debt free and is currently selling products indicating we have earnings. I say we because I'm now a shareholder.
The technology is certainly way over my head, I got my Mechanical Engineering degree nearly forty years ago, but from what I do understand, in a few years I believe this will be the technology of choice for most display devices. I say this because as I understand it, you can achieve extremely high quality displays with very low power use with these devises. Mr. Stock pointed out that the screens are cool to the touch, unlike plasma which not only is warm, but burns in resulting in display degradation over time.
If anyone here is technically knowledgeable, it might be interesting to know if these panels produce enough light to actually be considered as light sources. Granted they would cost far more then flourescent, but they would be far more energy efficient, they can easily be controled, even to create a variety of colored mood lights, and they would virtually last a lifetime, or longer. As I say, I don't know if they're bright enough for this to be practicle but it's certainly worthy of consideration.
Gary
Thanks Penny, I look forward to hearing from him.
From what I've seen it appears that the company buy back should bring the share count back below a billion, which sounds very positive to me. The question I have is can they operate for the next several years without issuing more shares, or are they looking to sell these shares again when they hope they'll bring a substantially higher price. I can live with either possibility, but of course I would hope they don't need to issue more shares because revenue is meeting or exceeding their monetary needs.
Gary
Thanks all, I actually briefly spoke to the company who gave me the name and email of someone who could get me information about the company. He's apparently doing this for many companies, and the name I was given may be what he uses for business, but his name was James Stock, his phone number, where I've left a message is 866-242-2405 and his email is stockcenter@aol.com.
I haven't yet heard back from him, but it was after market hours that I tried reaching him yesterday, and todays a market holiday. I'll let you know what I hear.
From what I've seen to date, I think I'll at least take a small position, a few hundred thousand shares, and watch what happens.
I recently read that Plasma TV's gradually degrade, I know LCD's don't, does anyone know if the technologies that Cetek is working on degrades with time. I do not believe it does, but I wouldn't mind confirmation.
Gary
I'm considering an investment in Cetek and would like that, and other information about it. Does the company have a website.
The two brokerages where I hold accounts have practically nothing available when you go to their research. Anyone have suggestions where I can learn more from a reliable source.
Thank,
Gary
It would be wonderful to get the writer to do an update of this article. This is the first time I've seen it, but I worked for the Federal Govt. and I fully understand his frustration while working with the VA.
Gary
What I believe we need to look at is the future that GMED is assured of. How many companies selling for what we are know that they're funded for 10 years, GMED does, the VC money assures it.
I look forward to the day that Dr. M's picture appears on the from page of a major publication crediting him with changing the way medicine is practiced. I remember when Dr. Judah Folkman was featured in the New York Times, ENMD, who was using his technology went through the roof. Over the years it's come back down to earth because the technology wasn't as great as they thought. No telling what GMED will do as people start to recognize that what Dr. M says will work actually works.
Gary
Allen, do you have any idea what Lebed's targets are, I don't but I gather he's more committed to APPI then he ever was with ISYN, one of the other companies we're aware of that he got in and out of.
Personally I can't wait to see what McMahon's infomercial will do for both sales and interest in the company. I don't know when they'll air, but I think they'll have an almost immediate effect on the stock price. I have a feeling that Lebed may believe the same.
Gary
This is all new to me as I just learned of this site, but I'm willing to help if we can get the site active.
When you find a poster who violates the TOU, can you prevent them from posting, or just remove the posts.
By the way, I speculated on other sites that Aventis may have been working with one or more new TAP drugs for some time. My reasoning was that Mitch had previously given potential partners TAP drugs that they conjugated using the partners MAB, it's very possible this was done for Aventis.
Gary
Let me know what I'd be responsible for, and what I need to do and I'll certainly consider it. Can there be more than one administrator, or are you looking to pass it to me.
Gary
I'd like to see if anyone here would like to get this site active again.
It's possible that a number of people currently posting on Raging Bull may be looking here, and it may become active if they choose to make it so.
Many things have happened since the last post here, and the price is at least a little higher. I would hope that investors who were here have kept up with what's been happening, but if anyone wants to talk about it, let me know.
Gary