ElectriPlast: The D-Day Connection. Part Two

The results

are in!




By Vince S.
ElectriPlast Blog Editor


Shareholders respond to the clarion call.


We asked if any of the ElectriPlast Blogship (EB) had specific knowledge of an extraordinary “invitation only” public discussion on 6 June 2006 between Integral management and a group of shareholders. Although we had received reports from two attendees, we wanted to hear from others who were there to enable us to compile a report of that Midwestern gathering. Now the results are in and we can report that four additional sources also attended this special session or had information about it from trusted sources; i.e., someone who had first hand knowledge.

After nearly ten years of investing many millions in Integral Technologies, it appears that shareholders are asserting their right to receive more information that could justify their investment. We defer to each shareholder to determine the impact of the following.

The age-old debate: security versus the publics’ need to know!

Before we show what we know, please know that a number of shareholders in widely dispersed localities discussed the merits of sharing this due diligence on this open forum. Valid concerns ranged from revealing Integral's “secrets” to putting the company and the sources at risk of flouting SEC rules. However, operating from the premise that this Q and A session was, indeed, public, and that non-disclosure agreements had not been required of the 35-40 attendees, we finally agreed that, if the results of the 6 June session could be presented in a responsible manner, we would go forward with it!

After all, this was not an NSA data-mining operation, so we didn’t tap the phones at the Q and A venue. Nor did we hover a top secret spy satellite over the site to gather illegal data. And rest assured that no money was slipped under the table to secure what follows. (Okay! We did threaten to kneecap a source or two with a Louisville Slugger to get their consent!) The bottom line is that Integral management was in the area to visit a potential supplier and manufacturer and they decided to meet with regional shareholders. Nice touch. Unfortunately, that was the extent of their outreach, and here we are!

So after all that, what do we know?

It was confirmed (we heard this weeks ago) that Tom Aisenbrey will be a presenter at NPE 2006: The International Plastics Showcase on 19 June 2006 in Chicago. This premier plastics industry event enjoys global participation, but is only held every three years. Tom will speak during the Flexible Film and Packaging segment from 1445 to 1545. His presentation, “Molding an Electric Flexible New Frontier,” will stress the limitations of current materials and how ElectriPlast can impact present manufacturing methodologies. (EB Note: Think Heatron and the recent licensing agreement. NPE participants look for innovation and less costly ways to produce the same quality product while maximizing profit. Is this worldwide exposure or what?)

Messrs. Robinson (BR) and Aisenbrey (TA) stated that an announcement should be forthcoming around the “end of the quarter.” (EB Note: This quarter ends on 30 June. Stay tuned.)

BR and TA said that there should be “four to five” more licensing agreements before the year is out, “two or three” announcements in the next quarter. (EB Note: One source said “one,” the other said “two” of those company’s are Fortune 100 companies who are located in the “Chicago/NY area.” The latest F-100 list reflects the following corporations in those areas: IBM (NY) #10; Boeing (Chicago) #26; Motorola (Schaumburg, near Chicago) #54; and Honeywell International (Morristown, NJ, near NY) #71. Take your pick, folks. Also, Detroit is another locale that has been consistently mentioned, however, Detroit is 238 miles from Chicago. There are also a number of top pharmaceutical companies on the F-100.)

TA handed out small souvenir bags of ElectriPlast pellets. He also included LEXAN and ULTEM samples for review. (EB Note: These two products are trademarked items of GE Plastics, a name we have heard many times. Sources didn't indicate if TA meant to compare our product to these two or suggest that our product could replace them. Look at how LEXAN and ULTEM are used and draw your own conclusions. LEXAN is used to make aircraft canopies, clear plastic containers and bullet-proof glass, among many other items. ULTEM has applications in the medical, electronic, electrical, microwave, automotive and aircraft industries.)

TA gave some very enlightening factoids about ElectriPlast: it is not resin dependent; can be blended with 15,000 different materials, using 27 distinct formulas; conducts electricity (143% better than copper, but is 80% lighter; is 40% lighter than Aluminum, but just as strong; and it can mimic virtually any metal on the planet. It will not replace copper home wiring, but it can replace copper wiring in the aerospace industry. (EB Note: Each Jumbo Jet uses 9,000 pounds of copper at $4 per pound on the current commodities market. Big bucks there, folks.)

Then TA dropped the Richter Scale wrecker. We currently have 109 patents (granted or in process) and there are “easily” 1,500 uses tied to each patent! (EB Note: Math was my worst subject in school, folks, but my trusty calculator tells me that 109 (patents) times 1,500 (uses per patent) equals 163,500 different uses. I don’t make this stuff up folks. I just report it to you! In a previous article, I reported that TA stated that a number “north” of 300 was a good ElectriPlast patent goal. The mind boggles!)

Per BR and TA, Integral has “total” patent protection, and the patents won’t expire until 18 years after issuance.

Finally, BR said Integral now has over 6,000 shareholders.

There is much to consider in reviewing the above due diligence from the 6 June 2006 discussion between Integral management and those 35-40 shareholders. If anyone can add to this body of knowledge, please e-mail (don’t blog) the publisher at electriplast@hotmail.com. We welcome all responsible comments.

Special thanks to the original sources who shared their due diligence with us and who subsequently lifted their reporting reservations.