ElectriPlast: The Roar of Silence!

Revelations





By Vince S.
ElectriPlast Blog Editor





Silence is Golden?


The clock is ticking. We are at the halfway point of the calendar year—on the threshold of the third quarter of the corporate reporting cycle—and there have been no press releases and few statements from Integral Technologies since mid-February 2007.


So, what else is new, you long suffering shareholders say? Plenty!

By all indications, the communications link between Bellingham and Jasper is as active as a beehive. In fact, while the 1,900 miles between the two cities remain constant, Integral and Jasper Rubber Company (JARCO) are closer and more intertwined than ever. Also, from a business point of view, one could argue that JARCO’s manufacturing, marketing, sales and back office expertise compels much of the activity surrounding ElectriPlast to take place on this side of the Wabash. And while there have been longer periods of official silence, the hush of the past five months comes across more like golden silence, when one looks at what has taken place during the first two quarters of this year. Indeed, EB believes that silence is indeed golden and that much of what is taking place behind the scenes that will be revealed very soon. (Yes, I know you’ve heard that overused adverb” soon” too many times already, but please stay with me.)


Half Full or Half Empty

While the debate continues as to whether Integral Technologies will get its act together and deliver the goods, my natural sense of optimism—backstopped by healthy doses of research and analysis—argues that we are on the cusp of a great adventure. Like the pre-eruption swelling of Mount St. Helens’ lava dome, there are many signs that we are close to an announcement that Integral is ready to stand and deliver.


For example:

· Twenty-six ElectriPlast patents have been issued, five since the start of 2007.

· There are 100 patents pending, indicating that Tom Aisenbrey is working tirelessly to put the company in the best possible position to capitalize on this revolutionary product.

· There was the world-wide ElectriPlast video by Discovery Channel Canada which reached billions of viewers in Canada, Latin America, Europe, Asia and Oceania.

· The core ElectriPlast patent, the family jewels, the mother of all ElectriPlast patents, from which all else will emanate, has been approved by the US Patent and Trademark Office.

· Over 210 ElectriPlast patents have been filed with the European Patent Office covering manufacturing in the metric standard used by much of the rest of the world.

· Non-disclosure agreements are said to exceed 300, with many near production mode.

· The “buzz” is that independent testing goes way beyond our initial expectations.

· Finally, we were offered an inadvertent glimpse of ElectriPlast.Com, arguably the website to showcase the new Integral Technologies.


The Showstopper

In show business, a showstopper is an outstanding performance that causes the show to stop temporarily due to a positive audience reaction such as applause. The “showstopper” for Integral is their relationship with privately-owned JARCO.


Why? Consider this.

JARCO essentially turned the company over to its employees in 2003 when it converted to the current, Employee Stock Ownership Plan. Under ESOP rules, each employee, from the CEO down to the front desk receptionist, owns a piece of the company. Each will prosper according to their stake in the company and their contributions. JARCO is an ISO certified manufacturer who conducted its own performance specifications on ElectriPlast prior to signing on as licensee and manufacturer. Naturally, all 800 employee-owners needed to be convinced that their vote to go with an unknown untested technology wouldn’t jeopardize JARCO’s good name and future. Once the independent third-party confirms JARCO’s initial testing of ElectriPlast, JARCO will be able to put their ISO certification on every ElectriPlast product they make. This will provide the guarantee required by future customers that their products will be made in consistence with their design specifications. And that, fellow shareholders, is a huge deal for Integral and JARCO!


Something else to consider:

JARCO has real time manufacturing expertise; Integral doesn’t. JARCO has superb management, a modern three-plant production facility, highly-skilled and motivated engineers, sales staff, technicians and back office personnel; Integral doesn’t. JARCO has a Fortune 100 client base that relies on JARCO to make ElectriPlast pellets and products according to internationally-accepted specifications; Integral doesn’t.

The first half of the year was characterized by silence. However, given the events that have taken place so far, it is unlikely that the second half will end that way.