Resin Systems (fka RSSYF)

[PowerPole]

sintwang...I'm not new to RSSYF...

In fact, I brought it to the CPTC--IHUB Boards attention for the first time on 2/1/05 while researching competition for Composite Poles for CPTC...

http://www.investorshub.com/boards/read_msg.asp?message_id=5291422

I liked what I saw then, and took a position at that time...

What I especially like after reading the updated Cohen Report is:

http://www.cohenresearch.com/reports/rssyf_08-05-05.pdf

1) EPS Estimates show they will go profitable in the fourth quarter this year on a Q/Q basis, and next year on a Y/Y basis...That will bring in a lot of new investors all by itself...

2) From the Cohen Report: "The second application the Company is involved in is the supply of it's Version resin to other composite manufacturers of soffit architectural components for the US housing industry. The Company expects further orders for additional resin sales throughout 2005 and beyond for assorted construction, industrial and infrastructure applications".--So they not only manufacture their own products, but their Version resin is so good, that they can sell it Worldwide...

3) Under the section of "Environmental Concerns"..."The Company states their RStandard poles are manufactured using a zero VOC resin", and at the bottom "Version resin has no quotas on use as it already meets all EPA requirements"....This gives this Company a leading edge in the fact it will not have to battle the Environmentalists as to where their poles can be installed, or where their resin can be used...

4) I especially like the fact that they have a 5 person Board of Directors, and with the addition of a new CFO recently, have a 7 person Executive Management Team...
Which is the way it's supposed to be...
Not like the way Composite Technology Corp's. power is concentrated in basically one or two people, which is a good explanation of why they can't seem to get anything done...

5) It appears they are very good at closing deals internationally and domestically, and their poles are fully tested and already part of the "live grid" in many locations around the world: Europe, Canada, USA, New Zealand, Australia, and hopefully soon in CHINA...

6) I like the fact that they have already achieved "ISO 9001-2000 Certification" status, as many companies require this certification in order to be able to do business with them...

I could go on and on about all the good things I am finding doing additional DD on this Company, and I probably will at a later time...But now it's time to watch some FOOTBALL!!!

And it's really not fair to keep comparing CPTC to this Company, because it's obvious to me that RSI is a Company that has it's chit together and knows how to get things done...and I'm beginning to wonder if CPTC will still be around after Octeber 12th (Bankruptcy Confirmation Hearing), or in a year or two with their current and ineffective management...JMO

As a matter of fact, if CPTC does not have an Awesome PR by Tuesday's open, we will be lightening up on it, and putting that money in here on every pullback, and every breakout of resistance...

Good Luck To ALL ;^)