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.

November 16, 2008

ElectriPlast: Have You Seen This Man???

ElectriPlast Blog (EB) Publisher's Note: I know that it has been overly long since our last posting to the EB. This was not due to inattention, or the fact that those staffing this Blog have chosen to opt-out, or have lost faith in the potentials surrounding ElectriPlast's future. No, we are still here--with you--kicking ourselves and wondering at Integral's "missing-man" mystery strategy.

Our heartland contacts near the pillars of power at Jasper, have kept their fingers close to the pulse of things, and while we could have included their insights on any number of postings on the EB for benefit of those reading--instead we chose to step back and allow Integral to take the lead on the “care and feeding” of its stakeholder and investor cadre.

I guess I could have announced that we were taking just such a tact, but to be honest, we—-like you-—thought more in the form of press releases and announcements would have appeared long before now. It is not as if things have been dead on the manufacturing and sales front. Touching base with JARCO, one could easily uncover the business leanings and prospects that that company is gearing toward. Why Integral has chosen to lay low is an out-there question that should be addressed to Bill Robinson. That is if he can be found...

To that end, the EB staff had prepared a number of EB articles, but tabled each as we did not want to be the news makers--nor did we intend to be the first to step into the breach only to end up with egg on our faces on the off chance our contacts had erred in their reports.

We also prepared articles to address the current Economic Crisis, and the prospective impacts foreseen on that front -- again, waiting on Integral to take the lead (as they should have well before now), we—-again like you-—saw and felt only silence.

Hence the toung-in-cheek MISSING Poster you see now. Let's treat this like a treasure hunt, and afterwards feel free to use this forum to express your thoughts, and help us all in keeping a wary eye out for Integral's (Missing-in-Action) CEO.

That is, if he ever emerges from his undisclosed hidden lair...

PK sends...


Anonymous Anonymous said...

Can anyone tell me why the patents are not contained on the balance sheet?

November 17, 2008 5:28 PM  
Anonymous Anonymous said...

Good question, last time I checked patents were reported as intangible assets.....

November 17, 2008 7:37 PM  
Anonymous Anonymous said...

Hi PK:

Firstly, I am glad that I don't see or know the CEO of ITKG. I believe he is the absolute worst leader, manager, CEO, and communicator that I have ever seen during the 30 years and perhaps 50+ companies that I have invested in.

A CEO, especially one leading a start-up, should be dynamic, smart, aggressive, personable, reliable, forthright, communicative, and manage a great team of people around him/her. Unfortunately, we do not have that person.

A great CEO would have a great informative, creative, and dynamic website. A website that is interesting and exciting with pictures and videos of their various products. A website that kids, investors, product manufacturers, designers, and engineers could go to in order to learn and see this revolutionary product. Perhaps our CEO is not fully aware that once up, websites are huge free p.r./advertising vehicles that can be viewed from every corner of the world. They can help to create huge excitement and word of mouth if a product, service, or technology is truly "special".

Please do not tell me that EP needs to be hush hush and that we must fly under the radar in order to be first to market, blah, blah, blah. There are already many conductive plastic companies throughout the world that are currently manufacturing and shipping their products. From what I understand, these other conductive products are not even near the same league as EP. So shouldn’t EP be trumpeted and paraded with fireworks as THE CONDUCTIVE PLASTIC? The diffinitive brand.

A great CEO would be creating excitement and "electricity" around their new revolutionary product. Where are the little video/film clips, on You Tube and their website, that show how their EP and various wire products work? As a shareholder for 4+ years, I would love to see their products in action and would love to turn many of my friends and fellow investors on to this company by having them see how magical this plastic/technology truly is. There is nothing released, publicly, by ITKG, that creates, excitement and information for both the general public and the investor. Why must one sign an extensive NDA in order to learn about and see the product? The world would be extremely interested in seeing and knowing how plastic can replace metal. We don't need to know the exact (or any) formula for doping the polymer matrix (or whatever it is that TA does). We want to see how cool it is that a plastic wire, molded in to any shape or form can conduct AC or DC current. We'd like to see the magic of wireless products constructed without antennas that are way more conductive with this new technology.

Has our CEO ever walked into an Apple Computer store and witnessed the excitement and frenzy of the mobs of people, from young kids to grandparents, touching, feeling, exploring, and being excited about their products? These are the people who buy the cool products, who read and search websites about new technologies, who get excited about the future, and some of them even invest money in new products, technologies, and companies.

A great CEO would also have a great IR department where reliable, honest, and meaningful information is communicated. Not an IR department that is too often both mis-informed and mal-informed or as is most often, just plain not informed. An IR department that has little or no communication with the CEO (of a company of maybe 5 people). An IR department that can be rude and a bit arrogant. We are people who have invested, or who might want to invest, or who believe in the idea of the product, or who have both invested and supported the company through many silent unfulfilled years. A great CEO would ensure that both the people investing, the potential investors, and the potential future clients (currently being courted) are both treated equally and fairly with enthusiasm and respect in a dignified professional manner. Humane would be good too.

A great CEO would be a very, very smart CEO. A great CEO that wanted/needed to raise a lot of money for say a PP would probably want his/her share price to be as high as possible in order to raise the most money. A smart CEO who had a dynamic ground breaking technology would already have a huge buzz and excitement about their company, products, and future prospects. Again, by having a great website, some constant communication with the public concerning their technology and advancements, patents, etc. Perhaps you would raise a whole lot more money for a whole lot less shares if people actually knew about your exciting "game changing"technology. That excitement and interest would translate into people wanting to be involved with this new emerging company. They would be investing in this company and hence the share price and PP would not be at $.40 or $.30. It's hard for people to invest or even know about a company when that company does everything it possibly can to discourage excitement, knowledge, and communication.

No PK, you cannot be missing or searching for someone who was really never there.

November 17, 2008 8:11 PM  
Anonymous Anonymous said...

It's interesting that you mention a private placement since that is exactly what they are trying to accomplish right now. One more thing that has been kept (publicly) from the shareholders.

November 18, 2008 4:58 PM  
Anonymous Anonymous said...

interesting read for those still following ITKG.

November 20, 2008 1:19 AM  
Anonymous Anonymous said...

In addition to a lack of a CEO, there is no hard evidence of a profitable product here. There are no data, no prototypes, no products. "But look at all the patents!" people say. Indeed, look at all the patents. They contain no data, no measurements, no examples. Nothing has been "reduced to practice" in scientific parlance. These are called "prohetic" or "paper" patents. Perfectly legal, as they give detailed descriptions of formulations and applications. But they show no performance data or comparisons to existing products or materials.

[Check for yourself. Go to http://www.google.com/patents and search "aisenbrey". Lots of patents pop up. Read a few. Can you find one piece of data that demonstrates that anything actually works? That anything is actually preferable to the incumbent material - metal?]

The patents describe how to make formulations and products in exquisite detail. (To do any less would be patent fraud.) But there is no evidence whatsoever that any of these inventions actually work - or how well they work.

November 21, 2008 9:58 PM  
Anonymous Anonymous said...

I would be more concerned as to why the patents are not being reported on the balance sheet. I'm not a CPA, but I'm pretty sure the related costs should be reported under intangible assets and amortized. Can anyone share why there are no intangibles on the balance sheet?

November 21, 2008 10:52 PM  
Anonymous Anonymous said...

What do we have to do to force a Shareholders meeting? I would like to vote on the future of this investment, and a vote is definately needed now. Well, that and transparancy and disclosure. The guys here now don't offer that.

November 22, 2008 10:02 AM  
Anonymous Anonymous said...

Intangible assets on a balance sheet? You may want to look up intangible in your handy dictionary.

Mine says: impossible to define or determine with certainty or precision. I don`t think a balance sheet is intended to record 'what if`s' or 'hey, maybe`s'.

I doubt that even a production contract that resuted from a patent would show up on a balance sheet, per se.

The actual costs for, and the actual income received from, such a contract would make their way onto a balance sheet, I`d guess.

As for the patent itself, even the filing costs would probably only show (maybe)up in a balance sheet of the law firm that did the filing....or buried in it`s originators misc. costs.

November 23, 2008 10:42 PM  
Anonymous Anonymous said...

"I would like to vote on the future of this investment"

Do you expect that a vote would somehow change it?

My guess is that as far as the Bill`s are concerned, you voted when you purchased whatever shares you may own. Now that THEY have YOUR money, I doesn`t seem that they feel a need for any further communication.

Just being a shareholder does not change the fact that you cannot separate the product from it`s management. The greatest product of the century can die a thousand deaths in the hands of incompetent or unworthy management.

If you thought you were buying shares of Electriplast, you were wrong. You bought shares of Integral Technologies and the management team that is running it. I`m sorry, but all the wishing, hoping and complaining won`t change that.

November 23, 2008 11:02 PM  
Anonymous Anonymous said...

In as much as you are the only reliable source of info for ITKG, that I can find, please share with us whatever info you might have gleened from your contacts. No one expects perfection but would love a somewhat informed observation, e.g. do they have enough funds to continue, what is Jasper saying, etc. Thanks, JS

November 24, 2008 2:43 AM  
Anonymous Anonymous said...

Today is a day to give thanks but unfortunately for us stockholders Integral Technologies really has not given us much to be thankful for. I can only hope that someday soon the powers that be at Integral and/or Jasper will change that. I'm not holding my breath.

Happy Thanksgiving

JB in AZ

November 27, 2008 6:01 PM  
Anonymous Anonymous said...

Just doesn't feel like the holidays without the annual "Going to Market" gag gift from Integral to shareholders.

Wonder if they're holding off because, at this point, 2009 is looking more like their first annual "Going out of business because we're broke & can't find anyone stupid enough to give us money given our long, distinguished record of inept management" year.

One things for sure, as shareholders, we'll be the last to know.

December 04, 2008 2:17 AM  
Anonymous Anonymous said...

that's exactly why I sold my shares last week.

December 04, 2008 5:18 PM  
Anonymous Anonymous said...

Hang on now, its the Holidays everyone is out so deals are harder to make this time of year. We all have heard that one over and over.

This is the year we go to market they tell us.
So hang on!
What market is this? The only MARKET we shareholders feel like we are going to is the slaughter Market.

Come on ITKG feed us mushrooms something and let a little light get in the cave.

December 05, 2008 11:29 PM  

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