ElectriPlast: Getting Connected...
Something
New…
By: PK
ElectriPlast Blog Publisher
During the past week, Integral announced that the US Patent and Trademark Office had granted a new patent in the ElectriPlast™ series, Low cost electrical terminals manufactured from conductive loaded resin-based materials. http://officialelectriplasttm.blogspot.com/2010/09/patent-update_01.html
While the application featured on the USPTO website is thorough – and to be completely honest, it would be simplistic to state that I understood the entire patent – I do sense that underlying the significance of this patent are applications that are just around the corner.
Here is what I sense to be the “Magic Pill” associated to this patent above its predecessors, and what binds them all together into a synergetic bundle that could very well mean a true start to the lift-off count down.
This patent speaks to nuts and bolts connections – it’s as simple as that.
To take old tech, and match it with new tech, you need a plug. On the telephone the connection mechanism is called the phone jack or (RJ-45). On a computer's local area network there are a number of ways to connect, from using a wireless router, to using a simple Ethernet jack or (RJ-11). Then there are the numerous other connector cables ranging from USB to other related connectors...You get the picture.
Well, with ElectriPlast™, there was always this disruptive material, but the engineers from the various interested companies were charged with the nagging prospect of how to make this stuff cost effectively compatible with their product and more importantly, their production line. Part of that compatibility concern focused on connecting the integral parts (both legacy technology and ElectriPlast™ material) into a virtually newer/better/cheaper product.
If what I read in this patent is correct, it describes the standardized butterfly knot that nicely ties/converts both legacy and ElectriPlast™ technology together, and -- at the same time it apparently serves to “connect-the-dots” to ElectriPlast™’s smooth expansion into the “real-world” marketplace.
Just a thought from the sidelines,
PK sends…
posted by PK... | 9/11/2010 03:03:00 PM
18 Comments:
Looks like there is some slow supporting the stock, picking up shares at the bid. Share price is slowly moving up.
This means news will be here soon. while it could be the beginning of something (finally), I would keep in mind the adage 'buy on the rumor, sell on the news'.
Unless news is huge I would expect a brief bump and then a fall back..
Something new, well.........sort of.
This 5 year old patent has absolutely nothing to do with the design or function of the battery terminals or connectors as they exist today. Nor does it create new designs or functions for battery terminals or connectors.
This patent mearly provides an alternative potentially cheap(er) material with which to make them from.
Whether or not the industries manufacturing these components and their customers will accept theses cheap(er)versions remains to be seen.
Something new? Only if you call 5 years old "new". This patent application (and all its technical details) were published on June 23, 2005. Hence, the public and all of Integral's clients have had free access to this information for a long, long time. And apparently no one had found a use for it.
As someone said before: there's nothing new here, just a re-hash of old information - re-arranging the deck chairs on the Titanic...
This shouldn't be surprising. Integral's sole inventor is gone, there's no one at Jasper to invent or solve techncial problems (they don't have a patent to their name) and the vaunted "Mo" is nowhere to be seen.
Is just me or does it seem like we're long over due for a follow up to management's release back in January? Remember all thos "goodies" contained in that release, specifically all the different companies/entities in various industries ITKG was working with? It sounded so promising with all that was cooking. What happened?
Same old, same old. I think they drank their own Kool-Aid.
Yes. They always "sound so promising", don't they? But they never have delivered yet.
PK, what's the deal with the latest license agreement, specifically the language about delivering by August? Was it already delivered, or is it going to be delivered by August of 2011? Either way, this doesn't reflect well on management or the individual that drafts the ITKG releases.
It appears to me that they had it written for release in the latter part of July / first part of August. For some reason they delayed its release and obviously didn't proof it again.
Have to agree with the poster above on how poorly this reflects on the management of ITKG. They are getting huge compensation for what they do. They also hired a marketing director. You think they would make the time to proof read what they are hoping to be the start of something good. Looks TOTALLY unprofessional....
They seem to keep making small but important mistakes. This is the kind of inattention to detail that can blow financing or turn people away from the stock.
How do you make such a basic error in such an important release. All focus goes to the issue rather than the progress.
Do they post a correction or does that just compound the error?
Based on the coming share dilution and the language in the 10Q, it appears management is extending their estimate of the timing of purchase orders.....not a good sign.
Agreed. One has to wonder how long they can keep their noses above water.
The end could be near...
They'll keep their noses above water even if they have to use snorkels. This is a very, very profitable venture - for the principals. Their annual loss doubled to almost $3 million due to "salary and consulting" increases.
I have always admired how these guys can enrich themselves (to the tune of $220,000/year) just by telling their loyal investors what they want to hear. I guess there's one born every minute...
It is pretty shocking what they have taken for salaries and shares over the years, given what they have produced. It is just straight greed but they are in a position to perpetuate it....
You know they read these blogs but have no shame...
Bill's... do you really think you deserve what you pay yourselves based on what you have produced? Not only do you increase you holdings by large amounts on a regular basis (as a benefit), but you are also regularly drain nearly $500,000/year from the company... and for what...
Throw in the fully vested stock options at $0.25 a share and the $1,200 per month car allowance and you potentially add another $50-$100k a year.
And all the mushrooms get is lip service. The best part though, is that then they go on chat boards and either brag about it.....or whine about it.
how about taking a little trip to Bellingham??
I suggest you bring your passport if you`re looking for a face to face with Robinson. He spends most of his time in the Vancouver, BC office.
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