Related News Yesterday: ( same promotion team at least at .de ):
Stockreporter.de Announces Investment Opinion on Advanced Lumitech
NEW YORK, Sep 9, 1999 (BUSINESS WIRE) --
Stockreporter.de Begins Coverage of Advanced Lumitech (ADLU)
With a Strong Buy Recommendation and a Conservative Price
Target of $6 Per Share
Advanced Lumitech Inc., (OTC BB:ADLU) today received a strong buy
recommendation from Stockreporter.de, a leading European financial
Internet publication at www.stockreporter.de. Stockreporter.de
specializes in the coverage of micro caps and undervalued OTC and BB
companies. The successful Stockreporter.de team is the first
independent analyst to begin coverage of Advanced Lumitech and release
an investment opinion. Stockreporter.de began coverage with a
conservative target price of $6 per share for the year 2000, at a
current share price of about $0.40 offering amazing potential in the
short, medium and long terms.
All of the successful Stockreporter.de team's buy recommendations have
shown an extraordinary share price performance, since Stockreporter.de
issued its recommendations for the respective company. Thus,
Stockreporter.de's portfolio is a very successful and very reliable
one, featuring FutureLink Distribution (FLNK), Teltran International
(TLTG), Antra Music Group (RECD), CancerOption.com (CAOP),
International Fuel Technology (IFUE), Rhombic Corp. (NUKE), Advanced
Optics Technologies (ADOT), and now the brand new, Advanced Lumitech
(ALDU), which is going to be the next, extremely successful, investment opportunity.
"Advanced Lumitech is a company which has shares with an enormous price
potential. We therefore consider Advanced Lumitech's shares as being
one of the most interesting investments in recent times. We would
particularly like to emphasise that the company is only at the start of
its potential and will secure a large portion of the market for
luminescent photography and colour imaging," said Tim A. Kneib from
Stockreporter.de today. He continued, "Advanced Lumitech offers an
exclusive, patented process which makes it possible for the first time,
to create luminescent, colour pictures that are visible at night and
also decor of photographic quality, which can be applied to a multitude
of objects in numerous fields worldwide. Advanced Lumitech's objective
is to become a leader in the technological sector. It is also the
company's intention to take advantage of expertise which has been
acquired by using new generations of high intensity pigments, in order
to become a company that is recognized as offering the most advanced,
state-of-the-art, luminescent products (sheets, paints, compounds,
etc.). In referring to this enormous and unlimited growth potential, we
are particularly pleased to issue a strong buy recommendation today for
Advanced Lumitech Inc. (ADLU)."
Tim A. Kneib continued, "We are strongly convinced that this company
has an extremely strong potential. Therefore, we strongly believe that
this company is going to belong to the best performing shares of the
OTC and BB segment." He added: "In our opinion, this share really
deserves a strong buy recommendation and has enormous potential over
the next few weeks, months and well into the year 2000."
The report of Stockreporter.de includes the following information:
COMPANY OVERVIEW
Advanced Lumitech, Inc. was incorporated on April 16, 1986 as Hyena
Capital Inc., a Nevada corporation. The company had no operations of
any kind during the period from incorporation to August 13, 1998. On
August 13, 1998, the company acquired 100% of Lumitech S.A.'s
outstanding common stock (Swiss Lumitech), a company founded in
Switzerland in 1992, which had acquired rights to the Luminescence
Technology Patents and had developed them further. From that point on,
Swiss Lumitech engaged in developing the Luminescence Technology and
utilized it to develop a range of luminescent watches, which it then
distributed through an affiliated company. On August 14, 1998, the
company's Board of Directors authorized changing the company's name
from Hyena Capital Inc. to Advanced Lumitech Inc.
Advanced Lumitech's business is to generate revenues from granting
licenses to use the Luminescence Technology and from the sale of
luminescent sheets and substances. These activities are commercialized
under the brand name of "Brightec." Such licenses are for a particular
field of application and for a specific geographic region. Once a
license has been granted, the company primarily earns its revenues from
the sale of Brightec products to the licensee. The licensing agreements
are subject to various conditions, including - without limitation -
minimum, annual purchase requirements for Brightec sheets or
substances, or both. It is also required that the Brightec label must
be displayed on all products which are sold under the license and the
licensing fees must be paid in amounts depending upon the value
Brightec products purchased by the licensee; among other considerations.
Products Brightec images have the following characteristics, which
Advanced Lumitec believes are unique for a product at this or any other
price level. o Pictures of excellent quality in daylight and at night: fine
detail and millions of colors
o In daylight, pictures are produced without the yellowish tint found
with standard luminous products
o At night, pictures are produced without the strong greenish color
associated with standard luminous products
o Luminescence is guaranteed for life
o Excellent resistance to thermal and mechanical shocks, heat, cold
and humidityo Luminescence is non-toxic and non-polluting.
Brightec utilizes photo-luminescence, the most widespread of six
luminescent forms. It also utilizes the latest generation of high
intensity pigments, based on alkaline earth, which are able to produce
luminescence at up to 10 times the level of traditional pigments based
on zinc sulfide. The luminescent substances, such as paint, inks and
compounds, are designed for applications using pictures, including
safety and decoration, and applications without pictures, such as
markings. The luminescent sheets are manufactured in various categories
and sizes, which permit widespread applications in photography, colored
printing, textiles, decoration and different printing technologies,
such as ink-jet, offset and sublimation. Specific sheets have been
developed for specific applications within these categories. For
example, special luminescent sheets are required for watch dials and
different sheets are required for various textures such as canvas,
which give a different look or quality to the printed image.
ADLU believes that the main factors which will appeal to licensees are
the unique, luminescent images of photographic quality produced by
Brightec products, Brightec's ease of application and the use of
existing, widely available digital printing and other technologies.
The intermediate raw materials used in Brightec products are supplied
by Socol S.A., a Swiss based company, which has been involved in the
development and production of luminescent substances for over 20 years.
Socol, which produces and provides more than 1,000 metric tons of paint
to its customers each year, has worked with ADLU in developing the
Luminescence Technology and Brightec products to current levels.
Management Patrick Planche (CEO) is the President and a shareholder of
the company. He is also President and co-founder of Lumitech S.A. He
studied economics and obtained a degree in business management at the
Faculty of Economic and Social Science at Geneva University. Francois
Planche is the Director of Production, Research and Development, a
director and co-founder of Lumitech S.A. and an ADLU shareholder. He
holds a Federal Certificate of Proficiency as an interior designer from
the Geneva School of Decorative Arts and obtained a degree in
psychology, followed by a diploma in genetic psychology and its
applications from Geneva University's Psychology and Educational
Sciences Faculty. Dr. Benoit Markwalder is the Director of Socol S.A.
and a shareholder in ADLU. He is a specialist in advanced technologies
in the field of thin layered, industrial coatings and in developing
sub-strata with passive luminescence.
GROWTH INDUSTRY AND MARKETING STRATEGY ADLU intends to initially market
Brightec products in the following markets.
o Photography and color printing: any kind of photograph or picture
can be made entirely luminescent by using Brightec technology.
This market includes articles such as private photographs,
night-lights, watch dials, measuring instrument dials and
key-ring fobs.
o Textiles: the market consists of textile products with pictures
and designs; including T shirts, caps, shoes, bags and lamp
shades. Brightec makes it possible to apply all types of
luminescent pictures, in millions of colors, to textiles.
o Decor: this market includes a wide range of articles for interior
and exterior decoration. Using Brightec, such products offer the
added benefit of visibility and safety in the dark. Objects can
be colored with images, etc. The aging population will stimulate
this market.
o Compounds: the performance and quality of Brightec substances
offer outstanding luminescent efficiency and applications, in
various fields such as marine, telecoms and signs.
Advanced Lumitech intends to initially market Brightec through its
licensees in the US; commencing with the professional photo-outlet
market, primarily. US consumers typically demonstrate a repetitive and
insatiable pattern of demand for family style, photo-imagery associated
with seasonal events such as Christmas, sports events, etc.
ADLU intends to distribute the products by using existing distribution
channels initially. These include professional photo-outlets and major
market dominators such as school photography corporations. These
"multipliers" have their own captive markets, are already in place and
are searching for new products with higher (profit) margins. In
addition, these professionals have the time and space for product
demonstrations which sell advantages to their clients, when they add a
luminescent series to the order.
ADLU's discussions with potential licensees are considerably advanced,
both in Europe and the US. These candidates include major consumer
franchises such as Mister Minit, multi-national OEM's like 3M, and
national photo-outlet distribution networks.
EARNINGS PROJECTIONS The following projections which were estimated by
the management, are based on conservatively projected revenues. We
therefore consider that these figures are both very realistic and achievable.
Gross Revenue:
Year 2000: $15,269,673
Year 2001: $175,877,625
Gross Profit Margin:
Year 2000: $1,607,334
Year 2001: $38,241,840
Advanced Lumitech Inc. is a publicly traded company with an
approximate total of 30,200,000 issued and outstanding shares and 5,000,
000 publicly floated shares.
EVALUATION AND OUTLOOK Even if we take $15,300,000 as a very
conservative estimate of revenue for the year 2000 and a revenue
multiple of only 12, we consider that a market capitalization of $184,
000,000 is absolutely fair, even from conservative aspects. Hence, we
are fixing our price target at a minimum of $6 per share for next year
(with about 30,200,000 shares).
Last but not least, we would like to mention an additional and very
important aspect. The company's management is currently discussing
whether to apply for a listing on the NASDAQ. This forthcoming listing
of Advanced Lumitech on the renowned NASDAQ will therefore considerably
increase the share price, in particular. Therefore, we especially
believe that publicly listing the stock on a major stock exchange will
give a strong impetus to new investors, both retail and institutional;
thereby driving the share price up to levels which the stock really
deserves. Furthermore, Advanced Lumitech has already been listed at the
Berlin Stock Exchange, a major European OTC stock exchange. These
listings open the door for major, institutional investments by national
funds and investment bankers and they will reduce the negative
influence which day traders currently exert. For this reason, potential
investors now have a highly unique and promising opportunity to invest
in Advanced Lumitech's shares, on a more than advantageous level of
share price. According to these facts and the great opportunities which the new
major listing will probably offer, we are strongly convinced that the
ADLU share is drastically undervalued at a current price of about $0.40
and that it offers an amazing potential in the short, medium and long
terms. For this reason, we believe that the ADLU share is currently one
of the most exciting and most promising investment opportunities for
both retail and institutional investors and that the ADLU share is
going to be one of the best performing telecommunication shares in the
next weeks, months and years.
NOTICE Any Stockreporter Micro Cap recommendation still includes a high
degree of risk and is at the investor's individual and own risk. Many
Stockreporter recommendations contain forms of "forward-looking
statements" that are based on the company's beliefs as well as
assumptions made by information currently available to Stockreporter
and to the general public. Such statements are subject to certain
risks, uncertainties, and assumptions. Should one or more of these
risks or uncertainties materialize, or should underlying assumptions
prove incorrect, actual results will vary materially from those
anticipated, estimated or projected and the variations may be material.
Therefore no claim for any kind of warranty can and will be accepted by
Stockreporter. Moreover, the team of Stockreporter.de wants to stress
once again that all Stockreporter recommendations are based on
subjective assessments that have been made out exclusively on the basis
of facts being known to the general public. All Stockreporter
recommendations are made on an unsolicited basis. Stockreporter
meticulously and independently selects the companies which are
candidates for a buy recommendation and which are featured on the
Stockreporter web site. Stockreporter does not receive a fee for any of
its buy recommendations and does not charge a fee for its buy
recommendations to the companies concerned. In some certain cases,
Stockreporter will only accept a basic reimbursement of costs (e.g.,
American-English Translation Services, Business Wire fees,
administrative expenses, etc.) to cover in these cases the higher costs.
If you have any further question regarding this buy recommendation or
any other inquiry or suggestion, please, do not hesitate to contact
Stockreporter.de at any time. We appreciate it very much to stay in
close contact to both institutional and private investors and OTC and
BB companies. Copyright (C) 1999 Business Wire. All rights reserved. -0-
CONTACT: Stockreporter.de, Hamburg, Germany
Tim A. Kneib, +49-172-4025040 or
Torsten Prochnow, +49-172-4031383 or
EMAIL: contact@stockreporter.de
HOMEPAGE: stockreporter.de
WEB PAGE: businesswire.com
GEOGRAPHY: NEW YORK INTERNATIONAL EUROPE
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Chucka-some say you're as good as the company that you keep. Hold NUKE. 6 TECHs not 6 Stock Symbols!!!!!! or 8
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