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.

August 30, 2009

ElectriPlast: Thin Gruel or a Prelude to a Banquet?

The Veil





By Vince S.
ElectriPlast Blog (EB) Editor

[EB Editor’s Note: After nearly 17 months without so much as a sneeze from the Boyz in Bellingham, Integral Technologies seems to be on a news binge lately. In less than 45 days, they have issued two interesting press releases, 14 July and 19 August; participated in a Podcast; were the focus of a Spotlight article by Stock Guru; and were featured in a Canadian Plastics article.]

Queue Oliver Twist

The 14 July press release was remarkable in that it broke a long corporate silence, but there was little there that veteran stakeholders hadn’t heard before. In fact, I was reminded of the scene in Oliver Twist when the undernourished Oliver, having finished his small allotment of gruel, said to Mr. Bumble, “Please sir. I want some more.” ITKG shareholders, having waited nearly a year and a half for news from Bellingham, expected and deserved more. But, like Oliver, what we got was thin gruel. Well, not everyone agreed with my ‘thin gruel’ assessment. In fact, one of my correspondents (remember Jay?) found more to like in that press release than I did.

Although not a defender of Integral management, Jay liked the press release. In fact, he feels that it will set the stage for more releases because several things were touched upon with so little detail that future releases would be have to more expansive. After all, he said, “when you haven't put out press in a year and a half, the market can only digest so much at once.” For the first time, in a very long time, Jay said that the CEO “seems to have things put together rather well. I anticipate much more frequent communication than what we have been receiving.”

After a 17 month ‘drought,’ we should expect more frequent communication?

On Target?

Yes. My correspondent was dead on target! One week later, the Investors Relations Group e-mailed me their weekly newsletter, which included a Podcast interview of William Robinson. (A link to the Podcast is posted on EB.) In the interview, Robinson recalled the genesis, evolution and progress of ElectriPlast as it slowly winds its way toward contracts. Among other things, he appeared upbeat when he said that we are ready for commercialization and that things would take off during the second half of 2009. (But, Bill! That’s what you said in 2007, 2008 and the first half of 2009! In fact, if you check your calendar, we are well into the second half of 2009!) So, where’s the beef?

Then, there was speculation about the appointment of a “Detroit group” to represent Integral in the Motor City. After all, ElectriPlast can be used in a wide range of connectors, fuses, wiring, shielding, batteries, cabling and other electronic components that keep Motown’s assembly lines moving. As if in response to the speculation, Integral issued another press release on 19 August hailing the appointment of Mohamad (Mo) Zeidan, formerly the Chief Technical Officer and Director of Hybrid Engineering at Lear. (Lear is the leading global supplier of automotive seating systems, electrical distribution systems and electronics.) As a consultant to Integral, Mo will help integrate ElectriPlast into the automotive parts supply chain. Apparently, he has seen the test results and strongly endorses ElectriPlast. “My research into ElectriPlast’s physical and electrical attributes as substantiated by independent test results demonstrates that ElectriPlast is an extraordinary technology possessing unique qualities.” (I’m beginning to like Mo already!)

So far, my correspondent (Jay) is batting 1,000! Still, another media event occurred on 20 August when Integral was the focus of a Spotlight article by Stock Guru. Some would argue that any equity can “buy” a place in the Spotlight, yet when one looks at the rules for placement in the Spotlight, one has to wonder if this is yet another signal. Be that as it may, it is consistent with the projections of my four-out-of-four correspondent!

And finally, there was the Canadian Plastics article, published on 24 August, about the potential of ElectriPlast to replace many of the heavier components in automobile batteries. Way to go, Jay. That’s five-out-of-five!

So, there you have it. Seventeen months of silence, then BAM, five media events in a row. Are these the news events that will help the market’s digestion, according to Jay? Well, he did call these. Stay tuned, folks.

The Bottom Line

Still, the two most important releases—that will certify that ElectriPlast works—are yet to be made. The independent test results which, to quote one eloquent, but weary Letter to the Blog shareholder, are “the Birth Certificate, the Passport, The Bible,” will be shared with the scores of companies who have prototyped ElectriPlast. These results will validate claims made by Integral regarding conductivity. Based on all accounts, the results will not disappoint.

Secondly, of course, are contracts from the antenna, shielding, battery and wiring companies mentioned in the 14 July press release as well as numerous other companies.

We are not there yet, but, clearly, our ‘thin’ gruel is morphing into something far more palatable than that which the wretched Mr. Bumble served Oliver and his pals in the workhouse.

Bring it on, Mr. Bumble, sorry, Bill!


Anonymous Anonymous said...

Hi Vince:

Thanks, as always, for your insight. I am the weary shareholder that referred to these loooong delaaaayed test results as, “the Birth Certificate, the Passport, The Bible”. I know that the markets as well as various companies & industries, scientists, engineers, product designers, etc will need to see these long over-due results. I am quite certain that a big reason we have not received any orders, jobs, or contracts is due to not having an extensive 3rd party evaluation by a major testing facility.

Many of us have been here a long time and others have been here even longer. Over the years we have read the articles about EP and ITKG in the WSJ, Popular Science and dozens of industry and technology blogs, magazines, and websites. We have also heard all of the promises, predictions, time-lines, and deadlines from management. Often times in multiple bursts, as you are referring to in your blog article. Yes we currently have a few more press releases and activity then have appeared during the last 2 years. Management is also currently trying to raise money through a Private Placement. Hard to raise money if there is nothing going on. And if there is nothing going on then one must create an illusion that something is indeed going on or about to happen. Management has created this type of illusion for 10+ years. They need money so a Private Placement is enacted and suddenly there are press releases, all kinds of activity, 2 or 3 contracts that are about to go through at any second, etc, etc, etc....

Bottom line to your bottom line is; We need a real contract by a real company with a real order for a real product with real money coming in the door. The rest my friend is the same old blah, blah, blah, blah, blah that has been going on for years and years. Same story, same promises, same company generated press releases just a different month, different year, different decade..

August 30, 2009 11:30 PM  
Anonymous Anonymous said...

IR has not been at phones for over a week. That is a bad omen I think. Have they run out of money to pay? No luck on PP?

September 01, 2009 3:15 AM  
Anonymous Anonymous said...

He when on vacation.

September 03, 2009 11:53 PM  
Anonymous Anonymous said...

He went on Vacation, no bad omen at all, just too a break.

September 03, 2009 11:55 PM  
Anonymous Anonymous said...

I guess the fast flow of information has slowed. No one at the company will say there is going to be any deal this year. Only positive is that the stock price has been going up. Could just be the PR. I have a position in the stock and would like to see positive results but am wondering if the people who jokingly say SSSSSOOOOOOOOONNNNN are right

September 13, 2009 5:12 PM  
Anonymous Anonymous said...

It is clear they are just putting out some more hype to raise money. There is nothing in this news that is dramtically different from past releases. Change some names shift the message.

Looks like even PK is taking time off. He has been slowly changing his tune. Saying that we need to see results. Talking about thin gruel. Looks more like water to me.

September 16, 2009 11:24 PM  
Blogger PK... said...

Anomymous --

I'm not taking time off -- Rather I am just waiting for the next perverbial shoe to drop...

In the mean time, I enjoy reading your thoughts, and will happily engage in the debate or respond to email discussions & queries as they occur...

With that I bid you cheers,

PK sends...

September 17, 2009 1:26 PM  
Anonymous Anonymous said...

PK - Since you are still around and willing to discuss the situation, what exactly is the status of the test results being released? Trying to get an honest answer out of IR is damn near impossible so maybe you would like to give it a try. Given the amount of your time devoted to this website, attention to detail, and information shared in the past, I'm hard pressed to think you don't have the answer to my question.

Still a loyal long - for now...

September 18, 2009 10:51 PM  
Anonymous Anonymous said...

Can someone tell me how 1000 shares traded moves the stock 17% ?

October 06, 2009 6:19 PM  
Anonymous Anonymous said...

It's a simple matter of hitting the bid/ask on the bid side. It's a pretty big spread at .39/.48, and we could have just as easily closed a penny higher.

A better question might be, "why did we only trade 1k shares?"

Obviously there's no rush to get in, but there's likewise no rush to get out.

October 06, 2009 10:12 PM  
Anonymous Anonymous said...


Any news from the bleachers? You mentioned waiting for the other shoe to drop. I know you get slammed for posting supposition, but anything updates you have would help me keep the faith..

Do you still have confidence? It has been pretty quiet here....

October 09, 2009 5:36 PM  
Anonymous Anonymous said...

I agree with the poster above, PK. You are not very involved with your own Blog anymore. Have you given-up on this company? Other people have been asking you questions and you have been silent. Why??

We are all frustrated. And angry too.

Have you left the building????

October 09, 2009 10:44 PM  

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