Welcome to the world of ElectriPlast!! This Blog is dedicated to open and honest discussion on Integral Technologies & their intellectual property (IP) known as ElectriPlast. Discussions on this Blog include: Historical Perspectives (Integral & its Products); Management Profiles; Patents; Production Issues; Tech Spin-offs; Product Speculations and Time Tables; The Game Plan; Media Relations; Corp Supporters; Shareholder Impressions; & the Latest News.

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Location: Bavaria, Germany

I am a retired US Government analyst, currently residing in Germany. I am also a shareholder in the company called Integral Technologies (OTCBB: ITKG), and have a desire to enlighten and share its great and still emerging story. I am well read, focused and appreciate challenging interactions which spark creativity and develop enlightenment. That is why I created the ElectriPlast Blog, and the reason I am here.

April 12, 2008

ElectriPlast: The Anxiety Express



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ElectriPlast Blog Publisher

Investors in Integral Technologies have endured much over the past year: expected movements failed to appear; corporate silence ruled the day; and attempts to uncover added insights were met by firewalls.

Sounds like another day as a valued “stakeholder” in this company? Read on!

First, the bad news: Unfortunately, on the surface, these comments are all too true. And the good news? Fortunately, forces behind the scene in Bellingham and Jasper have vested interests in seeing that ElectriPlast becomes a success story commensurate with its great potential. After all, corporate officers and other shareholders in both locales, around the country and overseas are counting on ElectriPlast to make it big. Even so, as one of thousands of shareholders who have pursued this dream for the last decade, I am frustrated with the manner with which Integral has managed our company this past year.

You tell ‘em, Cool Hand Luke!

One of management’s biggest faults, from my point of view, is their lack of communication with shareholders. Or to quote a character in the 1967 film, Cool Hand Luke, “What we got here is... failure to communicate.” Other nanocap companies send out periodic outdates, why can’t Integral Technologies? I know that they aren’t supposed to encourage shareholders, but good communication is a central pillar to strong corporate management. A ‘failure to communicate’ is a failure of leadership. This is Corporate Management 101!

I could cite examples from what I have seen during the past year, but that wouldn’t be productive. Suffice it to say that opportunities and targets were missed, and that we deviated far from the game-plan announced two years ago. The stock price has dropped three-fold and the company has chosen to ignore this—failing, to the dismay of shareholders, to even mention this fact. Worse yet, they have failed to look at what we’d become.

So, is there any light at the end of the tunnel? Is there any hope? Quite frankly, the answer to these questions is a resounding YES.

Hope Springs Eternal…

Well, I noted earlier that there is light at the end of the tunnel. What does that mean? It doesn’t take a rocket scientist to note that Jasper Rubber Company (JARCO) has made significant progress in changing the direction of our company. More than pulling its weight, more than making headway, JARCO is involved in coordinating prospective deals with a number of companies, with a focus on recouping their investment and building up ElectriPlast as a cornerstone of their future. To the extent that they are successful, so are the rest of us.

Tom Aisenbrey announced recently that a military contractor was developing products based on ElectriPlast. While this announcement wasn’t news to some, the timing of the statement placed the prospect of production closer by six months or more. There was even mention of eventual sales of ElectriPlast-based products taking place this year.

While you mull that over, I offer this. JARCO’s sales force has been working diligently for the past year, according to the 20 November 2007 press release. But other than that press release, Integral has not revealed any additional information on JARCO’s sales marketing progress to we shareholders. To Integral’s credit, however, "maybe" this was an effort to keep expectations lowered while the real work took place behind the scenes. Perhaps it was to screen from public scrutiny the prospective companies involved that might have surfaced.

As a friend of mine often tells me: STEADY! Steady! It’s hard being patient. It is worse being a long-suffering ITKG investor, but it will be pure joy when we can attach the label of “success” to this journey.

Despite the he-said, she-said taking place behind the scenes, the reality remains the same. JARCO has our best interest in hand—primarily because it coincides with their best interest. Despite the gaffs and missteps that occurred at Bellingham, JARCO will make a success of ElectriPlast still. As a direct result, our vastly eroded fortunes will experience resurgence, and beyond that the reality, the potential, the possibilities surrounding ElectriPlast will become known. Heck, you might soon end up purchasing a product based on this IP. That will be the day when you can hold up your worn and torn shares, and know that your gut belief in the product and the vision has been realized.

So, yes, it has been a painful ride, but methinks the long ride is almost over, though without empirical proof of success in hand, I sincerely believe that that destination is at hand.

Cheers and best to us all,

PK sends…


Anonymous Anonymous said...

Has anyone out there actually been to JARCO and seen first hand the additional "buildings/capital investment"? Any construction equipment? I don't live in the area and was just curious if anything was visibly going on from the outside at JARCO.

April 15, 2008 8:26 PM  
Anonymous wildcat said...

I grew up in jasper, and have friends who have worked there. I haven't been around the office/plant lately, not since they signed with Integral, but i have emailed Jarco directly. While they wouldn't expound on too much information that you couldn't already find on the internet, they do have a system in place for buyers to come in, see the process, and enter an agreement to purchase. I know the representative who returned my email, and am sure that they really are working on everything you hear, they have revamped their entire manufacturing to account for the production of electriplast, and they really do have a system in place to take orders.

I pass nearby every time i go home, maybe i'll drive by the plant next time i'm there.

April 23, 2008 5:22 PM  
Anonymous Anonymous said...

Wildcat - thank you for your response to my question. Curious to see what happens with this company.

May 01, 2008 6:57 PM  
Blogger PK... said...

Thanks much for the input WildCat --

The intent of this article was to share word of the reality taking place at JARCO, and to inject confidence in their very active engagement.

That, and to identify clearly how dis-engaged Bill Robinson has become. The rhyme or reason is open to speculation, but the effect is readily apparent to all affected and watching...

Tossing in a touch of reality to this long-running drama.

PK sends...

May 05, 2008 7:44 AM  

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