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Of the 70 or so major market players in the monolithic ceramics business in the US, Cetek Tech and Belanger are included, and there are some big players too on that list.
http://www.prnewswire.com/news-releases/reportlinker-adds-monolithic-ceramics-applications---a-global-market-overview-124582678.html
Amendments to sticky are;
1) "revival" replaces "reinstatement,"
2) repositioning of scientific contributions.
Share Structure, Facts, & Scientific Contribution, 8apr
CTKH share structure consists of 1,666,667 A/S for the common shares, and 834 shares for the preferred shares, as per the latest RS disclosure.
S/O on 23 May, 2006 was 5,281,271,144, and on 1 April 2014 the old O/S should be divided by 6000 to give a possible current O/S of 880,211. The actual O/S is still unknown.
The preferred shares, if any, are owned by Mr. Hilal, and the votes per share are determined by the board, as required.
Details on Share Structure at https://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=NvfeaJ6dOrIR4K%252bzC9l2Aw%253d%253d&CorpName=CETEK+TECHNOLOGIES%2c+INC
Details on old share structure at http://www.otcmarkets.com/financialReportViewer?symbol=CTKH&id=8078
Cetek Technologies has 3 subsidiaries; Cetek Inc, Hybrid-Tek, and WindPower Innovations Inc. Belanger is an affiliate of Cetek Inc.
CTKH has received a recent improved credit rating from Dun&Bradstreet.
CTKH has become ITAR compliant.
Nevada SOS requires an update at the end of the 1 year revival period. CTKH report is due by 4/30/2014.
Hybrid-Tek informational video posted by cetek technologies on
I am on a rickety bus on a bad road and bad telecom, hard for DD.
Schatz Bearing; If John Hilal, and there is only one John Hilal in Poughkeepsie, was working for Schatz Bearing in late 2012, why is he on the WindPower Innovations webpage in mid 2013? Has he shifted employment? Does anyone have any curiosity to call Schatz and inquire? Thanks.
Great read. It appears that Nevada is as good as any place to incorporate, yet not the cheapest but with a degree of privacy and medium court predictability.
Hybrid-Tek is now hiring.
http://www.hybrid-tek.com/contact.html
I have never noticed that before.
Hi paytheask, the 1.667m is the authorized shares, while the requirements for the exchanges refer to outstanding shares. The O/s is, I speculate, 822,000 shares. And the float would be even less, as it would exclude the shares held by CTKH management, locked in periods, etc.
It is different DisplayTek that is not related to CTKH. I think our Display Tek is long past its expiry date.
Now I remember. It was discussed on this board, inconclusively. It is a transfer of a 666 sq. feet plot,Poughkeepsie, between Cetek Inc and Display Tek. Why? I do not think it is relevant to The Cetek tech we know today.
333, can you send me a better link. Thanks
Hi SU333, as usual with Cetek Tech, all is very confidential. But my understanding of Display Tek is that it was a potential subsidiary of Cetek Tech that would have handle nano tech display screens. At that time(10 years ago, at least,) Mr. Hilal must have thought that there would have been certain advantages to operate part of the business under Display Tek banner. Since, Display Tek has been shelved and has become a non-issue.
Mr. Hilal children's name are very Anglo Saxon, particularly John. He is an American, and so many, including ancestors, have come from abroad.
Excellent.
AMEX. The third-largest stock exchange by trading volume in the United States. In 2008 it was acquired by the NYSE Euronext and became the NYSE Amex Equities in 2009. The AMEX is located in New York City and handles about 10% of all securities traded in the U.S. Almost all trading on the AMEX is in small-cap stocks, exchange-traded funds and derivatives.
NYSE minimum O/S is 1.1m. Nasdaq is 1.25m. AMEX minimum O/S is 500k.
CTKH will only qualify for AMEX, with a minimum price of $3.00. Voila.
Hi Penemy,
I am not concerned at all that Mr. Hilal is purchasing shares of CTKH. Remember that the Hilal family trust owned 18% of CTKH shares prior to the initial RS, and that they lost everything. Before the current RS, Mr. Hilal owned only 2.2m shares, and that is too little for anything. If he is buying, it is for us not to sell. The preferred shares, with their special voting rights, will always allow Mr. Hilal to have voting control over Cetek Technologies.
Finally, Finra rules also indicate that Pinks do not need to disclose insider buying or buybacks.
Hi WhatsCookin. Great confirmation about the historical importance of Cetek Technologies for Mr. Hilal, but we already new that. I checked JA9791, the poster with the RS info, and that was his/her only post ever on the Cetek board.
I think this will be different because Mr. Hilal has ran his company silently for the past 7 years while building a real company with 10m revenues, etc. To trade on bigger boards. 0.0001 will not get Cetek there and the RS is an excellent way to get stature.
Also, RS are bad for pink sheet stocks, but very helpful to established companies. And I think that CTKH is not a pink sheet company.
Well, the R/S decreased the Authorized shares from 10b to 1.666m, and it appears that the R/S also decreased the 5m preferred shares, that were owned by Mr. Hilal, by the same proportion. The new O/S is still not ascertained, but it could be in the range of 822,000 shares. So basically nothing has changed except that a share will now will be trading in the dollars, and that is really big news. CTKH still has 45 to 50 employees, cutting edge ceramics, and a great respect from the scientific research community. The extra respect that it will be gaining, and it will the respect of the financial community. I find this all exciting.
Share Structure, Facts, & Scientific Contribution, 2apr
CTKH share structure consists of 1,666,667 A/S for the common shares, and 834 shares for the preferred shares, as per the latest RS disclosure.
S/O on 23 May, 2006 was 5,281,271,144, and on 1 April 2014 the old O/S should be divided by 6000 to give a possible current O/S of 880,211. The actual O/S is still unknown.
The preferred shares, if any, are owned by Mr. Hilal, and the votes per share are determined by the board, as required.
Details on Share Structure at https://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=NvfeaJ6dOrIR4K%252bzC9l2Aw%253d%253d&CorpName=CETEK+TECHNOLOGIES%2c+INC
Details on old share structure at http://www.otcmarkets.com/financialReportViewer?symbol=CTKH&id=8078
Cetek Technologies has 3 subsidiaries; Cetek Inc, Hybrid-Tek, and WindPower Innovations Inc. Belanger is an affiliate of Cetek Inc.
CTKH has received a recent improved credit rating from Dun&Bradstreet.
CTKH has become ITAR compliant.
Nevada SOS requires an update at the end of the 1 year reinstatement period. CTKH report is due by 4/30/2014.
Hybrid-Tek informational video posted by cetek technologies on
The old A/S of 10,005,000 included the 5m of preferred shares. The new A/S does make the distinction between the common stock(1,666,667) and the preferred stock(834.) The O/S, as of today, is still unknown. This is all my non-expert opinion. The sticky will be amended accordingly. I wonder if the S/O is still gagged by the transfer agent.
Shanghai steve. I got your point. Thanks
NEW UPDATED STICKY. Any debate? It also includes link to HTI video.
The secretary told me that as a rule of thumb, for every 2 hires, one would be to replace a departing employee, and the second would be an add on to the payroll.
Share Structure, Facts, & Scientific Contribution, 1apr
CTKH share structure consists of 1,666,667 A/S, as per the latest RS disclosure.
S/O on 23 May, 2006 was 5,281,271,144, and on 1 April 2014 was 5,004,000,000(old)/834,000(new.)
The preferred shares, if any, are owned by Mr. Hilal, and the votes per share are determined by the board, as required.
Details on Share Structure at https://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=NvfeaJ6dOrIR4K%252bzC9l2Aw%253d%253d&CorpName=CETEK+TECHNOLOGIES%2c+INC
Details on old share structure at http://www.otcmarkets.com/financialReportViewer?symbol=CTKH&id=8078
Cetek Technologies has 3 subsidiaries; Cetek Inc, Hybrid-Tek, and WindPower Innovations Inc. Belanger is an affiliate of Cetek Inc.
CTKH has received a recent improved credit rating from Dun&Bradstreet.
CTKH has become ITAR compliant.
Nevada SOS requires an update at the end of the 1 year reinstatement period. CTKH report is due by 4/30/2014.
Hybrid-Tek informational video posted by cetek technologies on
Good for you Penny.
A certain CEO must be walking around his business, with 45 to 50(deduction) employees, with his lips stitched really really tight.
Whatscookin, it appears that you were correct with the buy back. You speculated, if my memory serves well, a buy back of 150m to 200m shares. The latest count, as per the record, indicates 276m shares were retired. Not bad really.
Share Structure, Facts, & Scientific Contribution, 1apr
CTKH share structure consists of 1,666,667 A/S, as per the latest RS disclosure.
S/O on 23 May, 2006 was 5,281,271,144, and on 1 April 2014 was 5,004,000,000.
The preferred shares, if any, are owned by Mr. Hilal, and the votes per share are determined by the board, as required.
Details on Share Structure at https://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=NvfeaJ6dOrIR4K%252bzC9l2Aw%253d%253d&CorpName=CETEK+TECHNOLOGIES%2c+INC
Details on old share structure at http://www.otcmarkets.com/financialReportViewer?symbol=CTKH&id=8078
Cetek Technologies has 3 subsidiaries; Cetek Inc, Hybrid-Tek, and WindPower Innovations Inc. Belanger is an affiliate of Cetek Inc.
CTKH has received a recent improved credit rating from Dun&Bradstreet.
CTKH has become ITAR compliant.
Nevada SOS requires an update at the end of the 1 year reinstatement period. CTKH report is due by 4/30/2014.
Hybrid-Tek informational video posted by cetek technologies on
The super large ITAR stamp on Cetek and HTI indicates a greater reality.
A few years back, I did a research on RS, and if the cie was not on the pinks, the outcomes of those RS were very positive to the shareholders. Now CTKH is on the pinks, but with the fact that Mr. Hilal can hire such well remunerated managers, CTKH should not be a pink sheet company, but a higher tier OTC.
What has happened today, is a product of reason and efficiency - whatever the end game is. IMMHO.
Mr. Hilal would have adjusted the A/S now to reflect his intentions. By keeping it proportionate with the RS, he is playing a new game. 10 years ago, the OS did go from 740m to multi billions, and the last webpage that had an OS in 2012 indicated 6.1b, this including the 1b of convertible debentures, which, as DrL has speculated correctly, were never converted to shares. Let us not forget that official records indicate that in the year 2000, CTKH could not pay its debts, Mr. Hilal was not getting wages, and that he lent $250k to CTKH. Today, it is different.
There might be a trade halt tomorrow, pending news.
DrLarzo was very correct. The convertible debentures were never converted to common shares. Mr. Hilal did not need then to convert to obtain cash. CTKH cash flow covered not only all the expenses, but Mr. Hilal was able to retire the debentures. Really not bad.
834 multiplied by 6,000 = 5,004,000,000. So that was the accurate S/O prior to the R/S. Not bad really.
Does anyone know what "834 Value" means? Thanks
The 5m preferred shares have also been reversed split. I was not expecting that, although the preferred can produce as many votes as the board wishes to attribute.
I think that his need for cash flow is not as strong as it was 10 years ago, so the RS was not done for dilution, but for some other reasons. This is Tuesday, and usually the bad news come on Friday. 3 more days of fireworks coming up.
Share Structure, Facts, & Scientific Contribution, 30march
CTKH share structure consists of 10B authorized shares, and 5M preferred shares.
S/O on 23 May, 2006 was 5,281,271,144. There is no reason to believe that the O/S has increased since.
The preferred shares are owned by Mr. Hilal, and the votes per share are determined by the board, as required.
Details on share structure at http://www.otcmarkets.com/financialReportViewer?symbol=CTKH&id=8078
Prior to the Reverse Split of 150 to 1, The Hilal family trust owned 18% of those shares. The RS decimated their 18% to basically nothing.
Cetek Technologies has 3 subsidiaries; Cetek Inc, Hybrid-Tek, and WindPower Innovations Inc. Belanger is an affiliate of Cetek Inc.
CTKH has received a recent improved credit rating from Dun&Bradstreet.
CTKH has become ITAR compliant.
Nevada SOS requires an update at the end of the 1 year reinstatement period. CTKH report is due by 4/30/2014.
Cetek Technologies contribution to science;
1) CTKH is working in LTCC technology:
http://mwrf.com/systems/microwave-modules-increasing-integration
2) Planar Electrode Quadrupole Ion Traps,
(Electrical and Computer Engineering.
Chemistry,) Brigham Young University, Provo, UT. The Substrate for the experiment was provided by Hybrid-Tek.
See Page 2.
http://digitalcommons.usu.edu/cgi/viewcontent.cgi?article=1068&context=spacegrant
3) Optical Hybrid, Ohio State U, alumina silicate and macor provided by HTI.
Page 8,
http://www-physics.lbl.gov/~gilg/Nov00PixelBaselineReview/Gan.pdf
4) North Carolina State University; a research thesis required piezoelectric stack actuators which were made from green machined alumina oxide that were provided by Cetek Technologies.
Page 144
http://repository.lib.ncsu.edu/ir/bitstream/1840.16/7507/1/etd.pdf
5) HTI assembled boards for this Drexel University research thesis, and it is on page 67. To quote "All ceramic hybrid circuit boards presented in this chapter were printed and assembled in Hybrid-TEK, Inc., New Jersey."
http://idea.library.drexel.edu/bitstream/1860/3823/1/Zhou_Liming.pdf
6) Hybrid-Tek involved in Performance of a Halo Ion Trap Mass Analyzer
with Exit Slits for Axial Ejection.
The plates were constructed from alumina substrates (50.00-mm diameter, 0.635-mm thickness, 99.6% purity; Hybrid-Tek, Clarksburg,)
http://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=30&ved=0CNsBEBYwHQ&url=http%3A%2F%2Fwww.researchgate.net%2Fpublication%2F51031871_Performance_of_a_halo_ion_trap_mass_analyzer_with_exit_slits_for_axial_ejection%2Ffile%2F3deec5293ae1eabb13.pdf&ei=sGgqU7qsG4i3rAf63IHQCQ&usg=AFQjCNGKVHXdSzl35Btuhn0bRsmUWCII_A&sig2=wpkA6p4zOMqc8hE7BEFVhQ
7) WindPower Innovations, a CTKH subsidiary. http://www.joesdata.com/executive/Fayiz_K_Hilal_151830520.html
8) A bilingual(Chinese and English)ceramic engineer was on short-term contract at Cetek Technologies, Inc, from 10/2009 to 01/2010, working on large area alumina tape casting. Please take note of the PHD graduate qualifications at:
http://www.postjobfree.com/resume/abm2vl/zeolite-nanomaterials-screen-edm-poughkeepsie-ny
9) 5 years ago, CTKH provided ceramics, engineering, and $100k to the heat exchanger project with WilsonTurboPower. The WTP paper is called "Design and Performance of a High-Temperature Regenerator Having Very High Effectiveness, Low Leakage and Negligible Seal Wear." It is available for download at www.WilsonTurboPower.com/regenerator.
10) Fermi National Accelerator Laboratory, world famous national laboratory specializing in high-energy particle physics, had Hybrid-Tek as an external vendor in 2012.
Hybrid-Tek's involvement is documented in a government document titled "PX Chopper Driver Development at SLAC", and Hybrid-Tek is listed in the middle of the page as one of the the external vendors for the ceramic PCB (printed circuit board).
The link is: http://webcache.googleusercontent.com/search?q=cache:ewMQ91KXYI0J:https://indico.fnal.gov/materialDisplay.py%3FcontribId%3D87%26sessionId%3D19%26materialId%3Dslides%26confId%3D5300+&cd=17&hl=en&ct=clnk&gl=us
11) Finally, Los Alamos Neutron Science Center used a CTKH Macor circuit board that is 1.52mm in size for a project called the LANSCE Harp Upgrade. The link to the description of the project known as Tupsm014 is included below, and Cetek Technologies is listed on page 136 item 5 as the manufacturer of the Macor circuit board.
http://epaper.kek.jp/BIW2010/papers/tupsm014.pdf