Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Ramspace, Let me be the first SH on record to ask a huge favor by making just one more call to the "Almighty" one and ask him to show the OS on the website. If Dr Larzo's analysis is correct and IF you can convince Hilal to show the OS on the website and IF the OS is less than the 6.1B well we are all golden my friend.
We all realize you may have already used up your quality phone time minutes with the "Almighty one" but if you can pull this off and convince him to do something that will cost him next to nothing you will be every ones hero...... and I might add possibly a much richer hero at that.
Thanks !!
Dr Larzo Thank-you for your deep analysis of the share structure and your convertible debt theory. It all makes perfect sense the way you have explained things.
Now if we could only convince Hilal to show the OS on the website just as it had been shown for many years until 2012 then this would be one more piece of the puzzle solved. A very big piece.
The posting of the OS on the website would take less than 2 minutes and would cost him next to nothing even if he has to use his website guy. We should all ask Ramspace nicely (or beg him) for one more call to Hilal for this little item. I will start the begging now.
China, would you mind explaining your reasoning as your MM theory makes absolutely no sense. Hope you are not putting this weird theory out there to scare new investors away so you can pick up cheap shares. I do recall your posts from the Raging Bull under a different name and you had IMO a few zany posts back then as well. I must add however they did have some high entertainment value.
I do agree there is no doubt a massive number of naked shorts out there but I believe they will have their day of reckoning. Still not convinced you are not Hilal's son John and messing with us.
Whatscookin exactly what I was thinking plus more shares are now in stronger hands
WC not only did I NOT sell any I actually bought more today at .0002's. Given my massive share count I certainly do not need anymore shares but given what I know (FACTS not the hype) about where Cetek is going and what it has, I just could not help myself.
To all the longs .... enjoy the ride up... WAY WAY UP !!
Perhaps Chinaworx=LSD=Hilal's son
Fetter, you are with absolute certainty way too conservative with your estimation of 6-12 SH with at least 250M shares. I am not going to get into specifics or SH names but I can tell you at least 4-5 SH hold close to 1B. IMO that bodes well for everyone other than the flippers.
Whatscookin-Your the man. Thanks again for all the intensive research and time you have put into this and graciously shared with everyone. It will never be forgotten !!
Penny- That would be so like Hilal ... either all or nothing.
True story one day a long time ago during the James Stock era (for newcomers he was the former Cetek IR guy) I waited inside the Cetek front office area and told Hilal how angry I was at the low SP. I'll never forget his reply... He told me that Cetek was way way undervalued and it should be valued at no less than .05. Maybe that statement alone has kept me in the game all these years
No, Hybrid-tek is located in Clarksburg, NJ. The Cetek plant in Poughkeepsie NY and the Hybrid-Tek facility are like night and day.
Thanks, OK-Husband. I can also tell you do not bother calling Barbara because she is under strict orders from Hilal not to divulge anything regarding Cetek's business. However if you show up at the Hybrid-tek facility and tell Barbara you are a long time Cetek investor you can get right inside the door. Barabara is a nice lady and it is "my guess" she feels sorry for Cetek SH.
Does anyone on this board live in NJ or a neighboring state ?
Orange- I visited Hybrid-Tek last summer of 2013 and posted on this board regarding my findings and spoke with Barbara. What an impressive facility and when you walk through the door many of the employees are fully visible but working behind a glass type structure. When I asked Barbara I think she told me at the time there were 12 F/T Hybrid-tek employees.
Now these were all high tech and very well paid employees working with expensive equipment. Barabara was very secretive about their specific work projects probably because many were (as their website suggests)US government work orders.
I encourage any Cetek investor to make the trip and visit the facility.
IMO HYBRID-TEK ALONE WITHOUT CETEK AND BELANGER IS WORTH CLOSE TO .01
Orange- Don't forget there are still quite a few of us old timers here that have been holding tight with massive numbers of shares. I would not imagine anyone of them (myself included) will be selling the majority of our shares until after we realize a nice pay day.
Yes, definitely wise to take some profits along the way but the flippers here need to know many of us here will NOT be selling until we see green and beyond.
Orange,So do you still maintain your long time position there are no naked shorts even with the never ending 100's price action ?
Good Luck to all "Cetekers" and lets hope the big man steps down or is locked up in a room where he can do his scientific thing and let a real CEO run the company.
To all newcomers Cetek is by far the most undervalued penny I have ever seen and the only reason we are trading where we are is because CEO is not shareholder friendly.
Hate to break the news but this is NOT our beloved Cetek but the other Cetek that specializes in ceramic coatings. "Cetek Limited" and they also use a trade name "Cetek Ceramic Technologies"
Lawsuit vs Cetek Inc I am advocating commencing an immediate lawsuit vs Cetek Inc and Fayiz Hilal for his failure to carry out his fiduciary duties among other offenses.
I am also pledging $2,500 as a retainer fee for the securities law firm that accepts the case. This initial sum may be small potatoes for a securities firm but will at least get the ball rolling and cover the cost of the suit filing. It will also get Hilal's attention and let him know we are serious.
Hilals probably been laughing at the dinner table every night for years telling his family members he can't believe (1) he was able to fool so many into investing in his company (2) but even more how he was able to keep them at bay so for very long without mounting a serious legal threat.
The time for researching this company is over. We need some action.
Whatcookin you have been extremely generous with your time in researching numerous law firms. Do you have a recommendation who we SH can contact to get the ball rolling?
Hawk I agree 100% with your idea as one approach but we should also explore additional avenues.
Wake up Cetek Investors- Hilal has lulled you all to sleep to some type of complacency. We are all so grateful buying him dinners, calling him with compliments and congratulating him on his 6.1 M revenues and new hires.
We are all sitting on huge losses and we are supposed to play nicey nice with this thief?
Wake up please !!! We are trading at ZERO to .0001
This is what we know.....Hilal does not respond to any type of pressure or for that matter kindness that comes directly from SH.
We SH have been trying that strategy for 7 years and we are no better off now than 7 years ago. I know others may disagree with me but unless an outside force is exerted upon this guy NOTHING will change.
It may seem we have made progress with respect to our knowledge of the compnay revenues, # of employees etc (and we certainly have) but this has been thru the reserach of WC and a few others.
Lets gets this straight we have a ridiculously undervalued company and it will most likely remain ridiculously undervalued until an outside force (legal or government entity) shows up at Hilal's door or mailbox.
Who else wants to wait another 7-10 years for something real to happen? Raise your hand please.
Ramspace Outstanding work as we all know talking to FH is like walking on egg shells or sitting on a pile of lit dynamite
IMO the 6M revenue (Cetek and Hybrid total) verified by WC's research and now confirmed by the CEO is very very good news. He obviously remains in no hurry to release anything official.
Ram did he seem annoyed or just surprised by the SH $500 offer to pay for a bare bones PR? Do you think if you persisted with this offer he might eventually accept?
Whatscookin I saw your last post with a summary recap on what I am sure was yet another half cocked blow hard theory put out by EW and all I can say is thank God I have EW on ignore.
Ram Someone mentioned previously Hilal might be able to put out a minimal cheapo type PR for approx $500. If this is correct do you think Hilal would accept an offering from SH to pay for the PR?
This may be a rather crazy and unethical approach but then again we are dealing with what could be the most unethical and biggest tightwad CEO ever known.
Even a barebones (but official PR from Hilal) announcing the revenues and a brief status would get us moving up big
I know this is asking alot but do you think you can call and mention the idea to Hilal? Thanks
Cetek revenues--- Once gain tremendous research and some very deep digging on the part of Whatscookin. Thanks! Of course I'm sure these figures will be attacked by the likes of EW and others in short order.
Ram When I intially drove up to 18 Creed Rd I was excited as I saw the place had been cleaned up especially compared to its pig sty appearance of a few years ago. There were also men in there working. A bit of a let down when the new owner told me he was running a asphalt/sealing type co from there and I saw the sealing truck in the bay
Orange -Thanks for clearing up the re-instatement question.
Two questions do you believe ( your guess) was that the only reason or is there possibly another reason)
Do you plan on making your visit to Cetek this month?
Thanks
Ace That question has been asked a thousand times and he always lies. Its easy for him to say soon or the EOY. The answer to why the re-instatment I think might be much more interesting.
Of course he can add one more lie to his grand list of lies to that question as well but at least his reply cannot be soon
Ramspace 18 Creek Rd is no longer Cetek property and has been sold to a asphalt sealing company. How do I know this? I was out there last month and spoke to the new owner who indicated purchasing the property and building last year.
Any chance you can try contacting FH just one more time and zero in on the one question we need answered : why the reinstatement?
But don't let him get away with his reply "to become a regular company"
WC Yes you are correct and Orange, here is the example of the penny stock (Xybernaut) you were looking for where SH successfully won a class-action.
As a matter of fact I just received my settlement check which although only amounting to 25% of my original investment (25 % is still better than nothing) plus I still get to take the tax loss.
I believe the reinstatement if anything will only help our cause towards a successful CA as it provides further proof to the law firm that accepts our case that Cetek has "MONEY TO BLEED."
So we will let those bloodsucking law firms do what they do best.
Beau- OK well then I'm putting you on ignore as well......... just kidding!
I am all for a good discussion of the facts and hearing most everyones opinion (pro and con) but I draw the line when a poster from long ago suddenly reappears with a holier than now attitude and compares Cetek to a lotto ticket when its trading at .0001 and says that given what we know .001 may be a pipe dream.
Its not a situation where I do not want to hear the negatives as much as I simply do not respect that persons opinion nor can I trust his judgment and for that reason he remains on ignore and keep in mind I have never IG'd anyone previously.
Very amusing antidote by the weay about Hilas's family members. I got a real chuckle out of it.
Whatscookin Anyone that continually compares Cetek to no better than a lotto (and boldfaces lotto) probably does not fully understand the difference between a "one in a million chance" and what we have here in Cetek which is simply stated " an extremely undervalued enigma" that has a fairly good chance of rising appreciably from .0001. (but probably not anytime soon)
I am placing those posters are ignore and maybe you should consider this as well since that type of comparison is really quite frankly insane.
My Lord this is trading at .0001 and some here seem to think even .001 is a long shot which is beyond me.
Several avenues to a significant increase include company buyout, control of the company taken from Hilal or he surrenders control due to illnes/death, insider takeover by one of his sons that he agrees to, PR with material news or release of financials, an announced buy back, big contract announcement and many other possibilities too numerous to list.. well ya know FH is 74 and in poor health?
Now the likelyhood of just one of these scenarios playing out is quite good however the chances of any of these happening in the near term are sadly quite low. Therefore a two pronged approach of forcing this along via the legal route is is still IMO maybe the best way to go.
EWar is on ignore, ah that feels better
Hybrid-Tek/Cetek When I visited Hybrid-tek last month and spoke with management one of the questions I asked was if they knew what was going on over at Cetek. Barbara C. told me Fayiz pretty much doesn't tell her anything (regarding the Cetek operation) and the only dealings with cetek are the "work job orders" they receive from Cetek
Orange I am pleasantly surprised Hilal gave you an open invitation for a visit.(quite encouraging). Its funny he mentioned Hybrid-tek doing so well because thats what I personally observed and was also told by the mgr (Barbara C) during my brief visit there last month.
I have been banned from the Poughkeepsie plant since 2006 when I got in his face about lying to SH and he threatened to call the police. Thought at the time he was going to have a cardiac arrest he got so mad. Up until then I was a regular (but unwanted visitor) and would sometimes also chat with his son (John). One time I removed the pizza box dangling on the front door
Good luck when you go and keep us all posted. Thanks!!!
Naked shorts comments were just a tease and I have not really been a believer in that theory
But were you seriously considering paying FH a visit soon?
Orange Yes exactly. The reason for the re-instatement relates to the fact Hilal was NOT forced or coerced into this but willingly did so as a precondition for some type of benefit for Cetek. A new contract, a potential buy out, or some other cookie for FH.
Per usual only when and if news is released will the SH also realize any benefit
Any plans to visit the man?
Maybe so........ but will Beau cover his naked shorts?
People here believing Hilal was forced to do the re-instatment because of some SEC official or lawsuit etc do not really have a good grasp of what is really going on here.
There is NOTHING that would FORCE Hilal to do the
re-instatment. Plain and simple.
Now on the otherhand there may have been some type of personal benefit for Hilal to do the re-instatement but he was not forced to do anything. He WILLINGLY did it for the benefit received and there is a big difference.
Now will that "benefit" only show up in Hilal's pocket or will SH also share in the benefit? If SH are ultimate beneficiaries as well it would not be because Hilal wanted it that way but only because of circumstances not under his control.
Reason for Cetek Reinstatement....... Some of these theories presented by posters regarding the reason for the re-instatement are quite foolish or at the very least make no sense at all.
I seriously doubt FH was coerced into the re-instatement by a few large SH. Anyone here should know Hilal would never allow his plan to be dictated by a SH and if this were true then why didn't those SH also demand a PR or something that would truly increase the SP
The SEC or some legal entity cannot not force Hilal or any other co that has been delisted to re-instate. A company especially in Neveda can remain delisted forever if it so chooses.
I do not for a minute believe Hilal did the re-instatement soley for the SH benefit and noone at this point other than Hilal really knows but maybe we should put the coercion theory and forced re-instatement ideas to bed..
Penny
It may be the case with FH your tone or sense of calm in your voice is of greater importance than the wording of the question ? Anyway doesn't this all sound so silly ? Here we all are discussing ways to make calls to a CEO of a publicly trading co and we are all afraid he will hang up.
Others here (including me) have been forced to disguise voices when calling for fear of having Hilal slam the phone in our ear if he were to recognize who we were
Still its definitely worth the two minute call just because you never know what little tidbit of info you might obtain
Besides who cares ? Its not like you are trying to maintain a record of calls to FH without getting hung up on.
Thanks in advance should you proceed as planned
Penny You can't really believe Hilal deserves to be left alone.
I am for you calling him as you had previously planned. Although he is extremely guarded you never know what he may tell you with respect to the re-instatement question
C'mon Ace you want to cut Hilal a break? You want SH to leave him alone? I think we should all flood him with calls and ask him the one key question why the re-instatement?