| |
American Company Spotlight

|
Pro-Tech Industries, Inc. Website:
Click Here |
Information As Of
January 6,
2010 |
| Exchange:
OTCBB |
Market Cap:
14.9
Million |
| Outstanding Shares:
18.6
Million |
52 Low / High:
$0.65 / $3.55 |
|
Price January
6, 2010:
$0.80 |
PTCK Recent Stock Quote and News:
Click Here |
"A
Company trading with a market cap of just under $15 Million,
having a $10 Million work backlog, dealings with Fortune 1000
companies and multi-million dollar yearly revenues are few and
far between, and this is why the story for PTCK is truly
compelling."
Overview
Through its wholly owned subsidiaries, Pro-Tech Fire Protection Systems Corp.
and Conesco, Inc., Pro-Tech Industries, Inc. provides design-build services in
the following infrastructure segments: Fire Protection, Alarm and Detection,
Telecommunications, Network Services, Flooring and Electrical Contracting. These
services are provided to the Commercial/Industrial Sector, Fortune 1000
companies, and Federal, State, and Local government.
Investment Highlights
- $6 Million U.S. Gov't Contract.
The Company announced at the end of September 2009
that they received additional new contracts totaling
approximately $6.0 million for their fire protection,
electrical and flooring business units. Included in this
amount was the recently awarded contract in the amount of
$3.5 million for the retrofit of the US Marine Corps
facilities in Barstow, CA.
- $1.6 Million U.S. Air Force
Contract. The Company
announced in mid-November 2009 which stated that the
Company received additional new contracts totaling an
aggregate of approximately $1.6 million for their fire
protection, electrical and flooring business units. These
new projects are located in Sacramento, San Diego, Las
Vegas, NV offices as well as Cannon Air Force Base in New
Mexico.
- University of California Contract
Valued At $1.1. Million. Just before Christmas of
2009, the Company received additional new contracts totaling
an aggregate of approximately $1.1 million for their fire
protection and flooring business units. Also, its
Telecommunications division announced that it has received
an award to provide "Professional Network and/or
Telecommunication Installation, Integration and Repair
Support" to the University of California Davis.
- Impressive Client List.
The Company's client list is quite
substantial and impressive, including Verizon, Nike, The
U.S. Air Force, AT&T, The University of California as well
as many others.
- Order Backlog For Services. As
of the end of 2009, the Company had an approximate $10
Million order backlog.
Profile
With 2008 revenues of $16.5 million, Pro-Tech Industries,
Inc. (OTCBB:PTCK) is a
regional leader in design/build services for the following
infrastructure segments: fire protection/life safety,
alarm/detection, electrical, and voice/data communications.
Pro-Tech has established itself as a
leader in the construction industry and is committed to
consistently providing exceptional quality and value in all of
their work.
Pro-Tech has an extensive resume when it comes to
building and renovating quality structures of all types.
Headquartered in Sacramento Ca, and regional offices in San
Diego, Reno, and Las Vegas, PTI provides these services to the
commercial/industrial, Federal Government, State/local
government and local municipality sectors.
Not only were 2008 revenues strong, the
recession of 2009 did little for the Company to quell orders.
In fact, Pro-Tech annoounced several multi-million dollar
contracts in 2009 and towards the end of 2009, had a $10
Million Company backlog, just the type of news investors are
looking for when other Companies are laying off employees and
cutting back corporate operations.
The Company announced at the end
of September 2009 that they received
additional new contracts totaling approximately $6.0 million
for their fire protection, electrical and flooring business
units. Included in this amount was
the recently awarded contract in the amount of $3.5 million
for the retrofit of the US Marine Corps facilities in Barstow,
CA.
That announcement was quickly followed up
by another one in mid-November 2009
which stated that the Company received
additional new contracts totaling an aggregate of
approximately $1.6 million for their fire protection,
electrical and flooring business units. These
new projects are located in Sacramento, San Diego, Las Vegas,
NV offices as well as Cannon Air Force Base in New Mexico.
Lastly, just before Christmas
of 2009, the Company received
additional new contracts totaling an aggregate of
approximately $1.1 million for their fire protection and
flooring business units. Also, its Telecommunications division
announced that
it has received an award to provide "Professional
Network and/or Telecommunication Installation, Integration and
Repair Support" to the University of California Davis. The
initial contract award is for 1 year with renewal options up
to 4 additional one-year periods. The base contract term began
November 1st, 2009 through October 30th, 2010.
Don Gordon, their CEO, in response to these
contracts remarked that “as we continue to execute our
business plan, we are being rewarded with opportunities that
will sustain our growth in future fiscal periods. We are
building off the strong foundation laid with the contracts won
in the last few months, giving the company a backlog of
approximately $10 million, and we expect to continue to
increase that backlog throughout 2010.”
PTCK operates through their two wholly owned subsidiaries,
(1) Pro-Tech Fire Protection Systems Corp. and (2) Conesco,
Inc.
PTCK provides design-build services in the infrastructure
segments of Fire Protection, Alarm and Detection,
Telecommunications, Network Services, Flooring and Electrical
Contracting. These services are provided to the
Commercial/Industrial Sector, Fortune 1000 companies, and
Federal, State, and Local government.
Their client list is quite substantial
and impressive, including Verizon, Nike, The U.S. Air Force,
AT&T, The University of California as well as many others. A
Company trading with a market cap of just under $15 Million,
having a $10 Million work backlog, dealings with Fortune 1000
companies and multi-million dollar yearly revenues are few and
far between, and this is why the story for PTCK is truly
compelling.
Looking at the Company's chart, it's clear
to see that it has been on a significant downward slope since
last summer when it traded for over $3.00 per share.
While the share drop has been substantial, there are signs
pointing to the end of the drop, and for a possible rebound in
prices. From PTCK's chart pattern, we can see a potential
"double bottom" chart pattern forming. The double bottom chart
pattern takes shape after an extended down trend. As the name
suggests, it consists of two consecutive lows that are roughly
equal, with a peak in between. When complete, the chart
pattern looks like a ‘W’. The first low from the entended down
trend was on Dec 11th when it traded at $0.82, from there, the
stock made it back to the $1.30 level before heading down to
where we are today, at $0.80. If this pattern is confirmed,
today's close would be the second low and the stock could head
in the other direction very soon. With tonight's positive
announcement of an exclusive vendor agreement with ATAZZ
Technical Services to provide voice and data
installation services to the public and private sector
community, this could be the fundamanetal catalyst for a trend
direction for the Company's stock price. ATAZZ is one of the
preferred existing contractors for some of the nation’s
largest Telecommunication carriers and will sub-contract the
structured cabling services to Pro-Tech Fire Protection. Since at this point, it's
too early to know if this is in fact a double bottom chart
pattern forming, investors are encouraged to set stop losses
in place, which we will get to in a moment.
The Stochastics and William %R
indicators are both in oversold territory and both are
pointing upwards indicating a possible trend reversal. The
substantial increase in volume today coupled with a relatively
even stock price for the day indicates indecision between
bulls and bears. All these indicators as well as the bollinger
bands nearing the half way point all signal a potential trend
reversal. That being said, we always encourage investors to
exercise caution when investing in penny stocks, that's why
stop losses are strongly encouraged. There seems to be
significant support at $0.60, so stop losses in that vicinity
would be encouraged. As always, these are only our
interpretations of PTCK's chart, we strive to give you all the
information we can and always encourage our investors to do
their own due diligence and consult with a financial advisor
before making any trading decisions.
With an exceptional portfolio of work, an impressive base
of Fortune 500 customers, and a diversified lineup of products
and services, PTCK is emerging as an
industry leader in their field. This along
with their potential turnaround technical readings were all
reasons why AllPennyStocks.com decided to spotlight
Pro-Tech Industries, Inc.
(OTCBB:PTCK) as their first U.S. Company
Spotlight of 2010.
Company
Services
Fire Protection and Life Safety
Pro-Tech Fire Protection Systems Corporation is a full-service
fire protection service company, established in 1995, with
branches in Northern California, Southern California and
Northern Nevada. The Company also
serves Utah, Southern Nevada and
Arizona with complete in-house estimating, state of the art
design, installation, servicing and maintenance of fire
sprinkler and alarm systems.
- Commercial, Special Hazards, and Industrial Overhead
- Wet Pipe, Dry Pipe, Pre-Action, Deluge, and Foam
- New Installations, Retro-Fits, Upgrades, Repairs,
Design, Consultations, and Analysis
- Pumps, Hydrants, Backflow Preventers, Underground
- 24 Hour Service and monitoring
Telecommunications
Pro-Tech Telecommunications is the low voltage business unit
of Pro-Tech Industries and provides inside & outside plant
installation services, telecommunications hardware/software
deployment (voice systems), maintenance support services,
on-site technicians for telecommunications upgrades, and cable
system design services. In addition, it also has a full data
networking group that can design, configure, and deploy custom
data networking solutions based on individual client needs.
Infrastructure Services
- Building riser and campus systems
- Cabinet, rack, and raceway installation
- Cable tagging and documentation
- Structured cabling systems, testing, and installation
(copper & fiber)
- Outside plant copper and fiber system installation
- Wireless connectivity solutions
- Structured cabling and outside plant system design and
specification
- Communications rooms, MDF, IDF
- Cable management systems
Low Voltage Services
- Security systems
- Card access control
- CATV
- Video surveillance
Network Services
- Enterprise Architecture
Strategy
- Systems integration
- IT infrastructure, implementation, and support
- Network security and remote access solutions
- Authentication
Voice Services
Electrical
Pro-Tech Electrical Services Division is a full service
Electrical contractor providing reliable
and quality workmanship throughout California.
The Company's capacities are not
limited to commercial and industrial project but, to a vast
range of electrical construction projects.
Their primary bid focus has
been in the areas of heavy commercial such as large
distribution centers, commercial retail (shopping centers,
etc.), and institutional work (schools, churches, etc.)
The Company strives
to provide competitive pricing for the commercial and
industrial bid market. The Company
furnishes detailed and competitive
pricing, value engineering options, and a team approach to
their clients.
Electrical Services
- Building riser and campus systems
- Underground service upgrades and installation
- Installation of power switchboards services, Motor
Control Centers (MCC) and/or upgrades.
- New emergency generators, controls and transfer
switches.
- UPS (Uninterruptible Power Systems) and upgrades.
- Fuse and Circuit Breaker upgrade and installations
- Interior/ exterior Lighting and related controls.
- Site lighting installation and upgrades
- Security lighting
- Industrial electrical projects including explosion proof
equipment and installations.
- Building riser and campus systems
- Load analysis
- Commercial and Industrial Maintenance
Specialty Construction
Conesco, Inc. is a full service
commercial flooring company located in Sacramento CA and is a
leading provider of commercial flooring products,
installation, maintenance and design consultation services to
businesses throughout Northern California.
Their work graces some of the most prestigious
properties in Northern California and beyond. Conesco’s
award-winning team approach has earned the company a
reputation for leading-edge flooring expertise, great service
and first-class products.
Flooring Services
- Professional design and specification consultation
- Material and installation of carpet, resilient, ceramic
stone, and wood flooring
- Material and installation of raised access/Clean Room
flooring
- Modular wiring and under-floor HVAC delivery systems
- Ongoing maintenance services
- Green building consultation
- Consultation and expertise in complex/unique flooring
installations
Recent News and Press Releases
Wed, Jan 06, 2010 - Pro-Tech Fire Protection Signs Exclusive
Vendor Agreement with ATAZZ Technical Services (a Woman,
Minority Business Enterprise - WMBE) to Provide Voice and Data
Installation Services - Business Wire
Thu, Dec 17, 2009 - Pro-Tech Industries Receives Approximately
$1.1 Million Additional Contracts for 2010 as Well as 1 Year
Contract with UC Davis - Business Wire
Thu, Nov 19, 2009 - Pro-Tech Industries Receives Approximately
$1.6 Million Additional Contracts for 2009 - 2010 - Business
Wire
Mon, Sep 28, 2009 - Pro-Tech Industries Receives Approximately
$6.0 Million Additional Contracts for 2009 - 2010 - Business
Wire
Fri, Sep 25, 2009 - Pro-Tech Industries Announces Engagement
of RedChip Companies for Public and Investor Relations
Programs - Business Wire
Fri, Sep 25, 2009 - Pro-Tech Industries, Inc. to Present at
the 2009 RedChip New York Equities Conference - Business Wire
Management
Donald Gordon - CEO, Director
Mr. Gordon, President and co-founder, brings 29 years of
experience in all aspects of fire protection and construction
company experience. In 1995, Mr. Gordon, along with Mark
Whittaker, formed Pro-Tech Fire Protection and continues to
run financial, as well as, day to day operations. Mr. Gordon's
experience includes general management, project management,
sales, and field work. Mr. Gordon remains active in the
development of new business opportunities and fostering
long-term business relationships with key clients.
Jan Engelbrecht – Director
Jan F. Engelbrecht is a newly appointed Board member as of
January 2009. Mr. Engelbrecht has served in the finance and
technology industries for 25 years. As a CPA, Mr. Engelbrecht
lead audit and consulting engagements for Arthur Anderson and
Price Waterhouse in various industries including Banking, Oil
& Gas, Real Estate, and High Technology. Currently, Mr.
Engelbrecht serves as a Software Client Executive for a
world-wide technology company.
Tim Crane – Director
Tim Crane has been in the insurance industry for 29 years. He
joined InterWest Insurance Services in 1990 as a sales
producer. In 1996 he was promoted to Vice President and became
a partner in the firm. In 2005 he was elected to the board of
directors, a position he continues to serve on. Tim holds a
Bachelor of Science in Business Administration from
Northeastern University. He has been involved in volunteer
work for the United Cerebral Palsy, IBA West, American Cancer
Society and several church and school groups.
Contact
Corporate Office:
8540 Younger Creek Dr., Ste. 2
Sacramento, CA 95828
U.S.A.
Tel: 1-916-388-0255
Fax: 1-916-388-0487
Investor Relations Contact:
Fusion Consulting
Tel: 702-434-8692
FORWARD LOOKING STATEMENTS
This report includes forward-looking
statements that reflect Pro-Tech Industries, Inc. current
expectations about its future results, performance,
prospects and opportunities.
Pro-Tech Industries, Inc. has
tried to identify these forward-looking statements by using
words and phrases such as "may," "will," "expects,"
"anticipates," "believes," "intends," "estimates," "plan,"
"should," "typical," "preliminary," "we are confident" or
similar expressions. These forward-looking statements are
based on information currently available and are subject to
a number of risks, uncertainties and other factors that
could cause Pro-Tech Industries, Inc.'s actual results,
performance, prospects or opportunities to differ materially
from those expressed in, or implied by, these
forward-looking statements. These risks, uncertainties and
other factors include, without limitation, the Company's
growth expectations and ongoing funding requirements, and
specifically, the Company's growth prospects with scalable
customers, and those outlined above. Other risks include the
Company's limited operating history, the Company's history
of operating losses, consumers' acceptance, the Company's
use of licensed technologies, risk of increased competition,
the potential need for additional financing, the terms and
conditions of any financing that is consummated, the limited
trading market for the Company's securities, the possible
volatility of the Company's stock price, the concentration
of ownership, and the potential fluctuation in the Company's
operating results.
Disclaimer
AllPennyStocks.com feature stock reports
are intended to be stock ideas, NOT recommendations. Please
do your own research before investing. It is crucial that
you at least look at current SEC filings and read the latest
press releases. Information contained in this report was
extracted from current documents filed with the SEC, the
company web site and other publicly available sources deemed
reliable. For more information see our disclaimer section, a
link of which can be found on our web site. This document
contains forward-looking statements, particularly as related
to the business plans of the Company, within the meaning of
Section 27A of the Securities Act of 1933 and Sections 21E
of the Securities Exchange Act of 1934, and are subject to
the safe harbor created by these sections. Actual results
may differ materially from the Company's expectations and
estimates. This is an advertisement for
Pro-Tech Industries, Inc. The purpose of this advertisement, like any
advertising, is to provide coverage and awareness for the
company. The information provided in this advertisement is
not intended for distribution to, or use by, any person or
entity in any jurisdiction or country where such
distribution or use would be contrary to law or regulation
or which would subject us to any registration requirement
within such jurisdiction or country.
© 1999-2010 AllPennyStocks.com. All rights
reserved. AllPennyStocks.com is not a Registered
Broker/Dealer or Financial Advisor, nor do we hold ourselves
out to be. All materials presented on our web site and
individual reports released to the public through this web
site, e-mail or any other means of transmission are not to
be regarded as investment advice and are only for
informative purposes. Before making a purchase or sale of
any securities featured on our web site or mentioned in our
reports, we strongly encourage and recommend consultation
with a registered securities representative. This is not to
be construed as a solicitation or recommendation to buy or
sell securities. As with any stock, companies we select to
profile involve a degree of investment risk and volatility.
Particularly Small-Caps and OTC-BB stocks. All investors are
cautioned that they may lose all or a portion of their
investment if they decide to make a purchase in any of our
profiled companies. Past performance of our profiled stocks
is not indicative of future results. The accuracy or
completeness of the information on our web site or within
our reports is only as reliable as the sources they were
obtained from. The profile and opinions expressed herein are
expressed as of the date the profile is posted on site and
are subject to change without notice. No investor should
assume that reliance on the views, opinions or
recommendations contained herein will produce profitable
results. AllPennyStocks.com may hold positions in securities
mentioned herein, and may make purchases or sales in such
securities featured on our web site or within our reports.
In order to be in full compliance with the Securities Act of
1933, Section 17(b), AllPennyStocks.com will disclose in
it's disclaimer, what, if any compensation was received for
our efforts in researching, presenting and disseminating
this information to our subscriber database and featuring
the report on the AllPennyStocks.com web site.
AllPennyStocks.com has been compensated
six thousand dollars by a
non-affiliated third-party, La Jolla Investment
Partners, LLC. for its efforts in presenting the
PTCK profile
on its web site and distributing it to its database of
subscribers as well as other services. AllPennyStocks.com
may decide to purchase or sell shares on a voluntary basis
in the open market before, during or after the profiling
period of this report. As of the profile date, no shares
have been sold. Information presented on our web site and
within our reports contain "forward looking statements"
within the meaning of Section 27A of the Securities Act of
1933 and Section 21E of the Securities Exchange Act of 1934.
Any statements that express or involve discussions with
respect to predictions, expectations, beliefs, plans,
projections, objectives, goals, assumptions or future events
or performance are not statements of historical fact and may
be "forward looking statements." Forward looking statements
are based on expectations, estimates and projections at the
time the statements are made that involve a number of risks
and uncertainties which could cause actual results or events
to differ materially from those presently anticipated.
Forward looking statements in this action may be identified
through the use of words such as “expects’”, “will,”
“anticipates,” “estimates, “believes,” or that by statements
indicating certain actions “may,” “could,” or “might” occur.
THE READER SHOULD VERIFY ALL CLAIMS AND DO
THEIR OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES
MENTIONED. INVESTING IN SMALL CAP SECURITIES IS SPECULATIVE
AND CARRIES A HIGH DEGREE OF RISK.
We encourage our readers to invest
carefully and read the investor information available at the
web sites of the Securities and Exchange Commission (SEC)
at:
http://www.sec.gov and/or the National Association of
Securities Dealers (NASD) at:
http://www.nasd.com. Readers can review all public
filings by companies at the SEC's EDGAR page. The NASD has
published information on how to invest carefully at its web
site.
|
|