Speculation in ITKG for no profits on salesITKG has had no major sales or profits.
Last run was on shear speculation that some companies might want to spend millions to retrofit thier manufacturing process to pay ITKG a royalty for products with electroplast incorporated into them. Plus by the raw plastic pellets from iTKG as well. NO BUYERS have swallowed the worm only nibbles at best or less.
The idea of superiority is a failure in marketing this product. I agree that the USA is in recession and the consumers would not pay more for a product just because it has "Electroplast " verses the cheaper aluminum and copper. With the big environmental issue of the times...Green peace will be asking how one would recycle "Electroplast" with the conductive material imbedded into the plastic. Next to impossible to recycle I would bet. Thus the any manufacturing company is reluctant to get black listed from other retail sales just because envirnmentalist would have issue with recycling the electroplast. Managment would have to deal with the issue in advance for prospective buyers. Lots of risks involved in being the first to hit the market place. Higher costs and no garantee of retail sales due to higher production costs and recession in the USA will prevent smart manufacturing money from investing in "Electroplast".
Now what was the royalty deal being offered to companies for the "electroplast " products? Last I heard it was some 8-10% Royalty. Industry standards are only 1-2%?????? This could be why no one is reluctant to manufacture products...Along with the high cost of the Pellets...plastic prices are going higher as most plastics are derived form OIL. WOW what is the cost increase for plastic as a by product of oil prices?
ITKG had it day of speculation and now it has to bottom out. Great concept but no markets seemed to develop. This stock could easily drop off the market but should hold around 0.10 per share if we see the trend lines from previous peaks and valleys over the last 5-7 years. Last valley was 0.30 and nothing has happened since that time of significance so it will drop way below that until profits from actual manufactured products is acheived. Don't get caught in the specualtion of sales but buy only when profit is a result of actual retail sales. Then it might be worth something.
This stock could go the way of the DODO bird. Same as some fuel cell companies delisted. Great ideas but no commercial value.