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Microcap & Penny Stocks : Cetek Technologies (CTKT) -- Ignore unavailable to you. Want to Upgrade?


To: Lazarus who wrote (20)1/20/1999 9:21:00 PM
From: Dave Gore  Read Replies (2) | Respond to of 584
 
LOL....luckily for you guys I heard essentially all the Conf. Call

They had a variety of people on it including the PR guys and a scientist who talked about the benefits of the unique ceramic mixing technology that they have. They talked about the powerful niche that the company is involved in with the future headed toward flat screen TV and computers screens. They also talked about discussion that the company has had with Motorola and others like IBM.

BACKGROUND AND POTENTIAL:
They made no bones about the fact that the Company is cash poor, but they also are confidently arranging venture capital money as we speak. They are very confident since the unique technology they have developed will be the main one used in this $5 billion flat screen industry as the heat dissapating material for the backing of the tube and the case. They think they will be THE major company supplying the ceramic mix since nobody else can produce it for the price or te quality that the manufacturers want.

The real asset of the company they said is in the Ceramic technology which is 60% less costly than competitors because it mixes smooth as glass and saves many steps of grinding and polishing.

MARKETING:
They really want to get excitement in the stock and they feel it is way undervalued, so they are instigating a major PR campaign that is already underway. They are about 5% into a massive email and fax campaign to bring awareness. This has already resulted in some stock appreciation and some more venture capital inquiries. They want the stock price up to reflect it's FMV (Fair Market Value). This will make it easier to negotiate better financial terms.

STOCK INFO:
They said that there are only 2 Market makers, as I remember, between the current ask at 12 cents and 20 cents. There are also many people with stock that they purchased at up to $2.50 a year or two ago when they went public. The insiders, they said, are intent on holding firm until they can see their process they developed really pay off.

Overall the call was professional, upbeat, and not too much hype. They thanked all the investors who have kept the faith and promised to do everything they can to increase shareholder value.