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Cetek Shareholders' Report for the Fourth Quarter 2003
- BusinessWire
POUGHKEEPSIE, N.Y., Jan 30, 2004 (BUSINESS WIRE) -- Cetek Technologies Inc. (OTC Pink Sheets: CTKH) reports that the fourth quarter of 2003 was the first profitable quarter in over four years. Revenues for the year 2003 were 185% higher than the year 2002.
Importantly, Cetek made a significant advancement during this past quarter, to become established in the nanotechnology field. The Bush administration has signed a $4 billion appropriation for nanotechnology. This is an exciting, innovative technology with far-reaching potential applications. Nanotechnology is considered to be the basis for the next industrial growth. Cetek is well positioned in this field, and continued development and progress in this area should be fast and aggressive, both for the company and the industry.
Larger sintering furnaces, in the ceramic area, will come on line the first quarter of 2004, hence increasing available capacity by threefold. Having this increased capacity will have a favorable impact on the response time to customers. So far, Cetek has been able to maintain all shipments on schedule.
Cetek's primary customer from England, for whom we are building special furnaces, has issued Cetek Technologies more orders for these large furnaces. This product has generated strong demand in the United States and overseas. Substantial sales for this product line are expected throughout 2004 and into 2005.
Also, Cetek Technologies is proud to announce it has initiated its stock buyback program for the benefit of the shareholders. No information will be disclosed until it is completed, and no specific time limit has been set.
Cetek Technologies Inc.'s CEO, Fayiz Hilal, stated, "I am pleased with the quarterly results and very optimistic about Cetek's business landscape and I think it will be another rewarding and profitable year. I thank all shareholders for their continuous support. We will endeavor to keep shareholders informed of our efforts in developing Cetek into a significant player in this industry. We believe these recent events will lead to increased shareholder value."
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, when used in the preceding discussion, the words "believe," "expects," "projects," "may" and similar conditional expressions are intended to identify forward-looking statements within the meaning of the act and subject to the safe harbor created by the act. Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties.
Cetek's primary customer from England, for whom we are building special furnaces, has issued Cetek Technologies more orders for these large furnaces. This product has generated strong demand in the United States and overseas. Substantial sales for this product line are expected throughout 2004 and into 2005.
Unfortunately no name. I don't have a clue.
Good luck,
Ceteksevenmillion
Hi Orangeman3,
Your quote: "What l was talking about was assets 10 million. Never talked about sales."
PennyFever said: "If they are being run wide open, then revenues are in excess of $900K per month."
But PennyFever is not mentioning the other revenues, like Cetek sells ovens too and the revenues and assets of HTI are unknown.
Ceteks Assets must be way over 10 million, closer to 20 million than to 10 million IMHO.
Good luck,
Ceteksevenmillion
Hi Orangeman3,
I agree with you, some people don't have the experience.
Good luck,
Ceteksevenmillion
Hi Hajinator,
You don't have to appreciate this profitable fast growing "pearl"! You are free! If you are sick of Cetek's growth, the recent acquisition or the rising pps (last months) you can always leave and try to find something better...
I decided to hold my 7 million Cetek shares, at least untill the pps crosses the $ 0,01 border. I speculate that this will happen this year. Maybe than I sell 1 or 2 million shares above the penny-level, and keep 6 or 5 million Cetek shares for the long haul.
I will not sell CTKH-shares under $ 0,01
Whatever you do, good luck!
Ceteksevenmillion
The last PR's were not "read between the lines" IMO, but no numbers though. I get you.
Good luck,
Ceteksevenmillion
Hi Skirch,
I agree with you.
Geoly thanks for # 3284. Point taken.
My appologies to Orangeman3 for that rent-matter.
FH gives(!) Cetek the space to expand.
Grtz.
Ctkh7mln.
He probably dropped of his chair, because you are such a big liar.
That's what I make of it, period.
Good luck,
Ctkh7mln.
Why should I believe what you tell about Cetek or Fayiz Hilal, when you refuse to give a source?
Although it's not important at all IMO, this sounds very naive to me: "Hilal owns the building that CTKH operates out of. Hilal lets CTKH stay there rent free."
----------------------------------
Lesson 5: Bashers know YOU CAN'T VERIFY THEIR STATEMENTS. That's why they make the vague statements they do.
----------------------------------
Orangeman makes vague statements IMO. haha
Good luck,
Cetek7million
Hilal lets CTKH stay there rent free. ???
I don't believe it. What is your source?
Good luck,
Ceteksevenmillion
Perhaps Jim Stock lied to you on the telephone? HA HA!!!
But Cetek tells the truth in the Press-releases. That should be your source IMO.
www.cetektechnologies.com
Good luck,
Cetek7million
Hi Orange,
So you spoke with Jim Stock? I think that Jim was fooling around with you. Jim on the phone: "And your name is Orange? Huh? What do you want???"
Cetek made some promises in their Press-Releases. Cetek promised an acquisition - and so they did. Cetek promised the 500 mln. buy-back, and it appears they have done that too. (but that's not official yet, am I correct?)
Please check: www.cetektechnologies.com for the official pressreleases. But if your name is Orange, please call Jim Stock for the information. He wants to talk with you again, just for a good laugh.
Good luck though,
Ceteksevenmillion
Hi Chucker,
Of course I didn't mean you or other posters on this board, so I have to correct myself. Sorry folks!
This is what I meant to say: "I trust FH and JS much more than Orangeman3 !!!"
Is that better? LOL
Good luck,
Ceteksevenmillion
I trust Jim Stock and Fayiz Hilal more than ANY poster on this board. I read the press-releases and I look at the business progress.
1. Cetek promissed an acquisition (we continue to evaluate acquisition candidates, PR 12-31-04) Cetek kept their promise IMO with the acquisition of Hybrid Tek Ltd.
2. Cetek promissed a buy-back of 500 mln. shares, now it looks like Cetek kept it's word on this promise too. My compliments go to Jim Stock and Fayiz Hilal for this accomplishment.
Read the Press-releases and follow the progress! There is nothing wrong with the PR from Cetek Technologies Ltd. IMHO.
Good luck,
Ceteksevenmillion.
Okay Orange,
"He who was rich for a day will hang within in a year."
Quote by Ceteksevenmillion
LOL
Good Luck,
Ceteksevenmillion
Hi Pennyworld,
Okay, this is just a wild suggestion from me: What if Cetek was close to $ 10 mln.? Then Hilal decided to speed up the buy-back as promised, but also to avoid reporting?
Just a speculation!
Good luck,
Ceteksevenmillion
Hi Orangeman3,
This year I made nice cash-profits with other pennystocks. But I rarely sell ALL my shares from a company, because I don't want to miss out on a huge SPIKE in pps (I have seen that happen before and THAT hurts!!!). So I am never satisfied with just 27% profit on a "risky" investment like a pink sheet. If you want 27% profit it's better and saver IMO to invest in Apple (for example).
LOL, Learn this from the pennystock-master: 400% profit could be an acceptable point to sell approx. 30% of a risky position.
In the case of Cetek, I want to keep my 7 million shares for the long run. BASTA !!!
I think that you are probably better of opening a savings-account by your bank with your 18K. You don't have to worrie about what a CEO might do with your money.
I want to be rich in a year, not in a day.
Good luck,
Ceteksevenmillion.
You are an AMATEUR in my honest opinion, if you buy Cetek shares for $ 0,0022 and sell them for just $ 0,0028 ..... are you kidding me???
Cetek will eliminate 1 or 2 zero's from the above mentioned prices IMO within a year. But you are satisfied with just 27% profit on your investment??? Dooohhhhh!!!
Good luck though,
Ceteksevenmillion
Hi Dave,
Cetek bought back 500 mln. shares for approximately $ 0,002 after (or during, or shortly before) the HTI-deal.
I am talking about $ 1000.000,- in a short timeframe for the buyback and ALSO the cash-transaction for Hybrid Tek Ltd. (although the amount is unknown)
That's evidence IMO!
Good luck,
Ceteksevenmillion
Another promising area is in CNT (Carbon NanoTube) technology. CNTs are tubes of carbon atoms less than a nanometer in diameter, possessing a combination of unique properties making them highly programmable for a variety of purposes, including electron emitters for flat panel displays, an important area of interest for the Company.
Source: http://216.239.59.104/search?q=cache:tKqxLzFs6-MJ:www.nanovip.com/directory/Detailed/912.php+Cetek+T...
Good luck,
Ceteksevenmillion
Hi dsilvest,
I think that FH is capable enough to make such a decision. I don't care about exposure at this moment. Cetek stated that they will probably be a reporting company by end 2005. End of story. The marketingplan is more complex than you think, and growth is the most important development for Cetek IMO.
As long as revenues and profits are growing I am ok with Cetek Technologies. Take a look at the developments:
1. Cetek's growth - 5 Quarters in a row STRONG growth!
2. Cetek's development of the website - improvements
3. Cetek buying HTI (a big and modern facility)
4. Cetek's buy back of approx. 500 mln. shares (as promised!)
Good luck,
Ceteksevenmillion
Hi Chuckerfmfla,
I thought that the O/S was 4.875.000.000 (I am not sure about this # though) In that case Cetek bought back 484.590.000 shares. That's "almost" 500 mln.
But it's a good development IMO.
Good weekend,
Cetek7million
Hi John1950,
I come from Holland and I happen to know that even the big companies are not always searching for ISO certificated suppliers.
If every part of a product comes from an ISO-certif. partner the end-product might be to expensive. That's why ISO-certificated companies check all there half-products before assembly.
It's almost impossible to make an end-product with ALL components coming from ISO-certificated partners.
Other quality checks are used and approved also.
Good luck,
Ctkhsevenmil.
"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. And, based on this and other anticipated developments in the new year, it would be reasonable to begin seeing Cetek's stock prices realize its rightful pricing, based on our fundamentals and based on simple audited performance."
Source: Year End Message to Cetek Technologies, Inc. Shareholders December 31, 2004
1. Cetek was growing in 2003/2004, Cetek / Hybrid Tek is growing NOW and will grow further in 2005 IMO.
2. Cetek's pps is growing
By the end of 2005 the shareholders should expect Cetek's stock prices to realize its rightful pricing.
I don't know about "naked shorting", but I firmly believe that it's dangerous to go short on Cetek Technologies Ltd. "shorters" will have to deliver at some point in time, even if the pps has gone up (as expected). Delivering means: (shorters) buying the REAL stock on the market, pushing the pps up even higher.
The market will speak by the end of 2005 or urlier.
Good luck,
Ceteksevenmillion
Hi Orangeman3,
You are probably to late if CTKH's pps jumps to $ 0,01 or higher one of these days.
Good luck anyway!
Ceteksevenmillion
"As stated previously in past updates, and at this past summer's shareholder meeting, we expect no reverse stock split to occur for Cetek common shares."
Source: Cetek Technologies Inc. Third Quarter Status Report
November 8, 2004
Good luck,
Cetek7million
Hi PennyWorld,
This is a new list: http://www.plunkettresearch.com/nanotechnology/Nanotech_index.htm
Cetek is stated in the above mentioned list.
"The nature of MEMS technology and its diversity of useful applications make it potentially a far more pervasive technology than even integrated circuit microchips."
"Limited Options
Most companies who wish to explore the potential of MEMS technology have very limited options for prototyping or manufacturing devices, and have no capability or expertise in microfabrication technology. Few companies will build their own fabrication facilities because of the high cost. A mechanism giving smaller organizations responsive and affordable access to MEMS fabrication is essential."
I am not sure if Cetek has something to do with MEMS. But MEMS will almost certainly become a growth-market.
Good luck,
Cetek7million
Micro-Electro-Mechanical Systems (MEMS) is the integration of mechanical elements, sensors, actuators, and electronics on a common silicon substrate through microfabrication technology. While the electronics are fabricated using integrated circuit (IC) process sequences (e.g., CMOS, Bipolar, or BICMOS processes), the micromechanical components are fabricated using compatible "micromachining" processes that selectively etch away parts of the silicon wafer or add new structural layers to form the mechanical and electromechanical devices.
Source: http://www.memsnet.org/mems/what-is.html
MEMS promises to revolutionize nearly every product category by bringing together silicon-based microelectronics with micromachining technology, making possible the realization of complete systems-on-a-chip. MEMS is an enabling technology allowing the development of smart products, augmenting the computational ability of microelectronics with the perception and control capabilities of microsensors and microactuators and expanding the space of possible designs and applications.
Microelectronic integrated circuits can be thought of as the "brains" of a system and MEMS augments this decision-making capability with "eyes" and "arms", to allow microsystems to sense and control the environment. Sensors gather information from the environment through measuring mechanical, thermal, biological, chemical, optical, and magnetic phenomena. The electronics then process the information derived from the sensors and through some decision making capability direct the actuators to respond by moving, positioning, regulating, pumping, and filtering, thereby controlling the environment for some desired outcome or purpose. Because MEMS devices are manufactured using batch fabrication techniques similar to those used for integrated circuits, unprecedented levels of functionality, reliability, and sophistication can be placed on a small silicon chip at a relatively low cost.
Hi Orange,
While you sell your 4.5 mln. Ctkh. shares for approximately $ 0,0022 someone else is picking up youre shares. Is it smart to sell your part in Hybrid Tek for just $ 0,0002 ???
I think that's not smart AT ALL! You should wait untill Cetek becomes a fully reporting company, this year! It's easier now for CTKH to become reporting.
Do you think that Hybrid Tek is worth just $ 940.000,- ??? (4.7 billion * $ 0,0002)
HA HA HA !!!
Grtz.
Ctk7million
Some of the benefits:
A. Cetek Shareholders now have 2 companies - and Hybrid Tek looks great too IMO! Let's be honest about it: "What a facility and equipment!"
B. Cetek's demand for capacity can be spread between Cetek Techn. and Hybrid Tek. Improving the revenues for both companies.
C. Technological synergy between CTKH and Hybrid Tek. Its possible that Cetek and Hybrid Tek can combine thier knowledge.
D. CTKH is not only showing growth to the shareholders but also to the suppliers, the employees and the customers of both companies.
I appreciate what Fayiz Hilal is doing. This guy is good! I believe that this will be an important year for Cetek, Hybrid Tek and all the shareholders. Thumbs up!
Grtz.
Cetek7mln.
MEMS - CETEK Technologies Ltd.
http://www.plunkettresearch.com/nanotechnology/Nanotech_index.htm
MEMS is one of the BEST Nanotechnology developments IMO & it looks like Cetek has something to do with it.
Good luck!
Ceteksevenmillion
Funny that Orange tries to bash CTKH, while Cetek is growing as fast as a nuclear mushroom. The site of Cetek is changing rapidly, approximately 3 times during the last year.
I see:
1. Operational revenues are growing (> 1 year)
2. Profits are growing (> 1 year)
3. Cetek is in the process of taking over 1 or more businesses
4. Cetek's website is NEVER done, WHY?: the company is GROWING IMO
I am looking forward to the new website and press-release(?).
Grtz.
Cetek7million
US dollar rises against Euro, is also a good development for me.
2005 will probably be an exciting year for CTKH and the shareholders.
- 1 or more take-overs or acquisitions (?)
- further growth in both revenues and profits
- Cetek combining the production and technology from their acquisition(s), to accelerate the growth in productionvolume and technological developments
- complete new website (I believe the 3rd one in one year), with the Cetek Ceramic Store & a search robot friendly http
- Fuel Cell developments, perhaps a new customer (who knows?)
- Nano tech developments
- Cetek becoming a reporting company (this could be great news for the shareholders)
- Cetek Technologies Ltd. announcements regarding some new customers (I can only hope this will happen) BIG NAMES PLEASE !!!
- Cetek 500 mln. shares buy back complete (I am not so sure about this one - haha) and announcing a further new buy back (just a speculation from my side)
- Cetek shares should burn through the atmosphere, from pre-penny-status now to penny stock to $$$ (who knows when emotions kick in).
Each of the above mentioned steps should give extra lift to CTKH and the pps.
Today CTKH should open on $ 0,01 or higher, JMHO
Good luck,
Ceteksevenmillion
Hi Bullmarketman,
My previous posting was just "a speculation" on what might happen. I am not in a position to KNOW what is going on. I can think of different scenario's for CTKH, but it remains speculation.
It's also possible that Cetek is still growing, but not that fast. In that case I would possibly agree with Pennyworld and Skitahoe that the way Hilal has done the cash-build-up was not that smart. But before I have an opinion, I must know the details.
I have to wait for the next pr, I guess. Orangeboy3 doesn't KNOW either.
>>>Growth is the most powerfull strategy.<<<
Greetz,
Ctk7mln.
Hi Skitahoe,
This is an important post IMO, and Pennyworld also has the same question(s) about the way Hilal is building up Cetek's cashposition.
------------------------------------------------------------
Skitahoe: Penny, while I think you're right about the millions, the thing I'm having trouble with is earnings. If the company is truly making substantial money and growing every year, why is it necessary to acquire more funds by issueing stock at the extremely low prices it's bringing.
I realize they've added substantial equipment, that takes money, but what's needed is showing what we're earning. If CTKH is earning money, even if they're turning around and spending it on equipment to increase capacity, if the earnings are displayed, the stock will be worth substantially more, and substantially fewer shares can be issued to acquire additional funds as needed.
Gary
-------------------------------------------------------------
If you think and act like a businessman you will always appreciate the markets opinion: the pps
I think that Hilal is not so worried about the pps. Hilal has certain goals and he doesn't want to play the game with an "open hand" IMO.
There might be a conflict of interests between the 500 mln. buy back and the needed expansion of capacity. This could be a serious problem: CTKH receiving too much orders, forcing Hilal to use everything he has got and more. In this scenario there is a good reason for Cetek to sell shares, even at a very low price. Hilal doesn't need to give a notification upfront to the shareholders if this is the case. And nobody will blame Hilal later after the wanted pressrelease(s): for example CTKH taking over 2 or 3 componentsproducers. As long as the pps will jump from $ 0,0018 to $ 0,78 in 24 hours everybody will be happy with Hilal.
But of course this is just a speculation.
I can understand Hilal and so can you!
Good luck!
Cetek7million
He probably just traded his 50.000 shares for $ 0,0017. Good luck with your $ 85,00 orangeman. Put it on your savings-account or have some fun with it.
Grtz.
Cetek7million
Go and see the luckiest man alive:
http://www.plsthx.com/disp.php?type=m&id=245
I'm alive!!!
Good luck,
Cetek7million
I have enough confidence in CTKH and I believe in growth.
I can never be sure about speculations on this board for example about the sixth profitable Quarter (?) in a row (that would be great though), Cetek's acquisition(s) or change(s) in status.
I hope that some of this positive info turns out to be okay.
Go Cetek GO !!!
Cetek7million
This week I sort of won the Jackpot with another gamble-stock I have -RTC, NMAX, Amsterdam-. And I am thinking about accumulating CTKH's as soon as possible. $ 0,0020 is a bargain IMO
About Il Padrino calling the friend of a friend? Why should this guy answer questions from a complete stranger?
I am amazed about some people on this board who apparently call FH. Why not call Bill Gates and ask him some of your intelligent questions?
Cash is KING
Good weekend,
Ceteksevenmillion
Hello Hefe,
The answer is very simple.
4.7 BN (O/S) * $ 4,00 (pps target Il Padrino) =
$ 18.800.000.000,-
jabadabahbsdabahbsdabahhhh!!! But I would sign for it.
I honestly think that a pps between $ 0,01 and $ 0,10 short term could be realistic if Ceteks developments stay positive.
Good luck,
Ceteksevenmillion