ElectriPlast: In the News. . .
Bringing
on a
Corporate
Legal Team
By © 2008 BusinessWire
February 19, 2008 09:30 AM ET
Integral Announces New Corporate Attorneys
Integral Technologies, Inc. ITKG ("Integral"), is pleased to announce that it has retained Sichenzia, Ross, Friedman, Ference LLP of New York, NY to act as the Company's corporate counsel.
Sichenzia, Ross, Friedman, Ference LLP (www.srff.com) provides experienced, professional representation in all matters involving the securities industry, as well as in all general corporate and litigation matters.
Their clients range from start-ups to established, listed companies. They include private and public corporations, partnerships, broker-dealers, bank-affiliated broker-dealers, investment advisors, registered personnel, public and corporate customers and investors, partnerships and other entities. They also advise institutional investors on transactions involving complex securities law considerations. Their practice includes the representation of clients located in the United States and throughout the World, including Argentina, Austria, Australia, Canada, China, Germany, Hungary, Israel, Korea, Malaysia, Mexico, Switzerland and the United Kingdom.
Integral Technologies
Integral Technologies, Inc. (www.itkg.net) is the developer of an innovative electrically conductive resin-based material called "ElectriPlast(TM)," a highly conductive recipe that can be molded into virtually any shape or dimension associated with the range of plastics, rubbers and other polymers. Our IP consists of ElectriPlast(TM) and thousands of different applications pertinent to a wide variety of industries. To date, we have had 30 US patents issued, or allowed and pending issuance, and 87 patents pending on ElectriPlast(TM) applications. Various examples of industries where ElectriPlast(TM) can be used are antennas, shielding, lighting, circuitry, switch actuators, resistors, and medical devices, to name just a few. The company is currently introducing these new products and ElectriPlast(TM) technology on a global scale.
This press release contains "forward-looking statements'' within the meaning of Section 27A of the 1933 Securities Act and Section 21E of the 1934 Securities Exchange Act. Actual results could differ materially, as the result of such factors as (1) competition in the markets for the products and services sold by the company, (2) the ability of the company to execute its plans, and (3) other factors detailed in the company's public filings with the SEC. By making these forward-looking statements, the Company can give no assurances that the transaction described in this press release will be successfully completed, and undertakes no obligation to update these statements for revisions or changes after the date of this release.
For more detailed information on the company and the technologies described above please visit our web site at www.itkg.net or contact Shareholder Relations at 888-666-8833 or The Investor Relations Group, at 212-825-3210. To review the company's filings with the SEC, please go to www.sec.gov.
Contact Information: Integral Technologies, Inc. Michael Pound, 888-666-8833
posted by PK... | 2/19/2008 05:23:00 PM
5 Comments:
PK,
Is this in *addition* to their current counsel, or are they replacing someone?
I have an e-mail in to Integral's IR, but in typical Integral fashion, they have yet to respond.
Thanks.
Sry to have been away for so long --
Last week I came back from an extensive work-related trip, and my time online has been sporadic at best.
As for the lastest -- well I guess the Jury is still out (all pun on Lawyer jokes intended)...
It is unfortunate that Integral is working hard at getting the message out, but without a crypto-key, most, if not all, are finding it hard to view the rhyme or reasons associated.
In other words, it would have been better to address the most important of the 5 "W's" [the WHY] of reporting as oppose to just pushing a (or any) message out...
First, a little explaination as to the WHY might be, hmmmm, what is that word...."helpful" maybe!!
Instead, someone reading here will probably end up calling IR for the decrypted version of the story offered...
As for your initial assessment you offered, my understanding is that Integral had two legal teams in their court. The Gates firm, which morphed into a massive law firm. They are still working on behalf of Integral. As for the other legal team, this one may have disbanded, or something to that effect.
Anyway, rumint has it that this new Corporate Legal team is set to replace the firm that fell to the wayside...
This might be a great time to ask for a second "WHY" -- as in, Why now???
The CEO mentioned a year ago something to the effect that he was looking to step aside, and more somewhere in the conversation the reference to the establishment of a Board of Directors.
Now, I am merely speculating, but I would sense this as a positive move and a time and place where the need for such an announcement could be a preamble to such events...
NOTE TO INTEGRAL's IR STAFF -- This is the problem with putting out too little information, it lends logical people (like your shareholders/stakeholders) plenty of room to speculate along lines that you may, or may not have initially intended... If I am wrong on my forward thinking tact, well, Gomenazi, but I can only go from knowns to leading likely conclusions...
To those into verification --
In reaching back to Integral's IR team to suss out the intent of the message, you might want to offer a small suggestion, noting that it would serve them far better to work that much harder at putting out a solid message the first time, as opposed to wasting your and their time in this mind-numbing phone/email tag quest for truth and clairity that they (seemingly of late) revel in putting their stakeholder though...
Just a thought...
PK sends...
Can anyone provide a possible explanation of why there were approximately 450,000 shares sold by three Integral insiders during the month of November? Does this seem odd to anyone else from the outside looking in?
What do you think regarding the speculation that the new law firm was selected due to their depth of experience in PIPEs (Private Investment in Public Equity) and that ITKG is positioning itself for another dilutive financing as revenues have failed to materialize so far?
Integral indicated in their lastest filing that they had sufficient cash for the next 12 months but that doesn't mean they're opposed to replenishing their dwindling cash position...
Hello all –
I am about to hit the road once again to do some government work, but wanted to address some of the comments made recently, and over the past number of weeks…
Over the past week I've read a number of questions that predicted the agenda taking place at Bellingham.
I can assist by pointing out logical paths and tying them to insights gleaned through other means -- but to be honest; it is difficult to peer into the inner workings at Integral Technologies, while it is by far, much easer to speak with a responsible company that practices open transparency like JARCO does – I’ll say it again shortly, JARCO and truly is the real saving-grace associated to this investment…
I could look to trend-analysis, but with this CEO, that does not work well, and besides, the company itself is in a transition phase which should morph it into something more than that which you and I see now.
The pace of that change depends largely on the leadership at Integral, but then comes the question of a Board of Directors and Bill Robinson stepping aside.
According to Mr. Robinson, that was s'pose to occur late last year, early this year. The game plan on that front now is--well who knows, once again, no one is talking about that either (as if Sarbanes Oxley impacts that along with everything else associate to those reportable events of interest that questionably never make the light of day).
Aside from that JARCO's CEO is and remains the saving grace behind this investment. He (Doug), and his company has invested: time, energy, and a great deal of money into the ElectriPlast dream.
The product works, and works extremely well -- at times, depending on the use and requirements, a valid claim could be proven that it even works better than advertised.
Needless to say, JARCO wants this material to be the cornerstone of their new re-emergence into the industry, and more specifically, the conductive plastic realm.
Doug wants only success on this front, and has his team engaged to make that occur. To that end, to speed the introduction of ElectriPlast onto the world scene, I'd be happy and pleasantly encouraged to see JARCO tag-team up with another Plastic Industry heavy-hitter, just to speed the process along...
That is not to say they are working toward that end, but trust, it would be a smart--out of the box--method of fulfilling our expectations, and the introduction of ElectriPlast just that much sooner.
So, where does that leave me and the EB?
Well, we will continue practicing responsible journalism, and introduce current events as they occur, while highlighting the Patent updates, and well...all of those other fundamental changes taking place within Integral which should be reported, but for some reason are not...
As for myself -- I won't lean too far forward in my commentary. Granted, using logic, I will continue working from the known to the unknown -- but I won't predict. That is a good way of being caught-out flat-footed. Team Integral is good at letting that happen, I don't want the EB to be the recipient of that kind of set-up-for-failure.
Alright, enough Jabberwocky from this corner of the globe.
Be well all, and have a great weekend,
PK sends...
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