DTGP is ready for a breakout.
I understand the importance of FAA approval, however, I also think it's only part of the equasion. This company has more than 1 leg to stand on. Check out the recent press release that Doll Tech sent out. This PR outlines expected revenues from its various market segments, any one of which, IMO, are enough to send this stock back into the 20 cent range:
Doll Technology Announces Streamlining of its Products
Friday July 14, 4:13 pm ET
SEDRO WOOLLEY, Wash., July 14 /PRNewswire/ -- Doll Technology, a manufacturer and seller of environmentally safe products, has streamlined its products to segment them by markets to increase the focus on sales into the various markets. The groupings are fire products, water products, coatings and cleaners.
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Fire products are headed by a Federal Aviation Authority (FAA) approved fire testing lab. The lab is currently being updated to new FAA regulations and is expected that certification will be complete in July 2006. Also Doll Technology manufactures portable firefighting units called Fire Caddies that are intended for use to contain fires until the fire department arrives on the scene. These have excellent application for rural homes and for first responder applications. Doll has a licensing agreement to manufacture a new environmentally safe fire suppressant, Blaze Tamer, developed in Australia, with plans to sell in North America. This product is extremely effective and substantially reduces cleanup costs over traditional fire retardant products.
This line of products addressing fire suppression is expected to generate revenues in excess of $2,000,000 during the 2006/7 fiscal year.
The water product is Aquaboost, which is an environmentally safe water enhancer that promotes water conservation in agricultural and residential applications. Its use provides for healthier vegetation growth and a 30% reduction in the cost of watering. Aquaboost is expected to provide revenues in excess of $3,000,000 during the 2006/7 fiscal year.
Doll Technology coating products are unique in that they were designed to deal with specific problems not effectively dealt with by currently available products. Doll Technology has a licensing agreement to market and sell these products to the transportation industry. Enamo Grip, which is an extremely durable coating, resists aggressive chemicals and the erosion effects caused by extreme environmental conditions. A roof coating, Supertherm, reflects radiant heat in large industrial buildings and reduces cooling costs by up to 30%. Corrosion containment is a costly issue in transportation and Doll's Rust Grip coating provides excellent protection for aircraft and marine vessels. This product group is expected to provide revenues of over $1,000,000 during the 2006/7 fiscal year.
New to North America are a group of environmentally friendly cleaners manufactured and marketed by Doll Technology under a licensing agreement with AB Technologies of Holland. These cleaners are unique in their excellent effectiveness and low impact on the environment. The line includes an aircraft paint remover, a leather seat cleaner that is particularly effective on ink stains, a degreaser and a car paint remover. All of these products are non toxic and require no special hazardous waste handling after use. This product line is expected to generate revenues in excess of $1,000,000 during the next fiscal year.
"The revised product focus combined with efforts to reduce fixed costs by 20% are expected to improve the profitability of the company moving forward," says Bruce MacCoubrey President and C.O.O.
Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur
