sven
8 년 전
Conference call tomorrow:
The Company will have comments on the quarter in an earning conference call on November 7, 2016 at 9:00 am (EST). Persons wishing to access the conference call may do so by dialing 888-857-6929 (U.S.) and 719-457-2607 (International), and using the ID #1385906. Howard F. Curd, President, will discuss our earnings on the call and will be available for questions. The call will also be available by logging on to www.uniroyalglobal.com and accessing the webcast link (https://public.viavid.com/player/index.php?id=121900) in the investor relations section. A replay of the conference call will be available beginning Monday, November 7, 2016 through February 7, 2017 by calling 877-870-5176 (US) or 858-384-5517 (International) and Pin #1385906.
HokieHead
10 년 전
Uniroyal Technical Products - Reverse Merger With Some Very Positive Catalysts
Mar. 31, 2015 11:29 AM ET | About: Invisa, Inc. (INSA)
Summary
•Uniroyal Technical Products, Manufacturer of Naugahyde is Now a Publicly Traded Company.
•Financial Information Was Released in Their First 10k.
•Uniroyal Technical Products Has a Plan to Capture Global Dominance in a Fragmented Industry.
Uniroyal Engineered Products, a producer of coated fabrics, is temporarily a publicly traded company under the name Invisa Incorporated (OTCQB:INSA). INSA had been a listed stock and almost a shell company with very limited sales. By being acquired by INSA, Uniroyal became a publicly traded stock. Information about this transaction is contained in the 8K filing. The acquisition was completed in November and a 10k was filed today.
Howard Curd, Uniroyal Engineered Products' CEO plans to grow the company into a global entity by acquisition and to develop market leadership in a fragmented sector by cross selling products; gaining exposure for Uniroyal Engineered Products and its acquisitions to new OEMs. I spoke to Mr. Curd, and to Vic Allgeier, a spokesperson for INSA and was told that the upcoming 10k will state that the components of the new INSA had revenues of around $100 million for the prior year and a profit margin of about 10%. Mr. Curd said that he aims to change the name of the stock to Uniroyal Engineered Products sometime this year and outlined his plan.
Uniroyal Engineered Products is a producer of cast vinyl coated fabrics, including the iconic Naugahyde brand, providing solutions for the automotive, healthcare, hospitality, marine, recreational, furniture and transportation markets. The company is a piece of the Uniroyal Company started as the United States Rubber Co. in 1892. The Uniroyal tire business was acquired by Michelin in 1990. In 2003, Howard Curd bought Uniroyal Engineered Products, the remaining piece of the original company, which was trading for a fraction of a penny and under bankruptcy protection.
Curd successfully brought the company out of bankruptcy. Uniroyal Engineered Products remained a private company and entered the automotive sector in 2009, about the same time as the auto industry went into a tailspin. Uniroyal Engineered Products was not totally dependent on the automotive market, but what happened then was instrumental in expanding their products into the global market rather than just the U.S. market.
One of Uniroyal Engineered Product's largest customers was Ford (NYSE:F). Similarly to many other U.S. manufacturers, Ford was looking for cost cutting solutions and decided to implement just in time inventory from local suppliers on a global basis. Ford decided that each model car would be built with the same components, despite being built in different countries. They were looking for companies that were able to supply the same product to their manufacturing facilities in Europe, Asia and the U.S. on an as needed basis. Ford had a relationship with Uniroyal in the U.S. and in England with Wardles Storeys Limited, and suggested that the two companies discuss partnering up. The companies merged in 2013 and that merger created the spark for Uniroyal Engineered Product's growth strategy.
Uniroyal Engineered Product's sales were predominantly in the U.S. with 50% of revenues in the automotive industry. Wardle Storeys' sales were mostly in Europe with 80% of revenues in the automotive industry to customers including Range Rover, Fiat, Nissan and Jaguar. Uniroyal Engineered Products has benefited from the connection with Wardle and has secured a contract with Ford in Europe in the production of the Ford Escort as well as entry into the German automotive market. Since companies are now competing globally, entry into the German market means that the new Uniroyal Engineered Products expects to gain German automaker's business not only in Germany, but in the U.S as well. Entry into Europe is expected to also benefit Uniroyal's sales efforts in the healthcare, hospitality, marine, recreational, furniture and transportation markets
The Curd family made incremental purchases of INSA stock and once they had a controlling interest, engineered INSA's acquisition of Uniroyal Engineered Products which they also had a majority ownership position in, completed in November with the Curd family owning about 75% of the INSA shares after the transaction. There was no dilution of shares created by the INSA acquisition of Uniroyal Engineered Products. The Curd family received non convertible preferred shares bearing interest at around 5%.
The company expects that there will be at least one and maybe more acquisition this year funded by their lines of credit and that at some point in the not too distant future a secondary offering will be implemented to add shares to the float, allowing institutional investors to scoop up shares. Mr. Allgeier believes that microcap funds will begin taking an interest after the first 10k verifies what he has been reporting about this new stock.
The market for coated fabrics is highly fragmented and expected to continue to grow. The top six companies in the market had a combined share of only 26% of the overall market, which makes Mr. Curd's plan to grow by acquisition, to offer just in time supply internationally and to gain market exposure and market share by cross selling products a very logical conclusion. Due to the large stake that the Curd family owns, this stock will be a small floater which is subject to wider spreads and greater volatility than otherwise. Despite the inherent risks due to low volume, it is interesting to note that the Curd family has no immediate plans to sell shares. This is a ground floor entry point for investors who agree with this company's strategic plan.
HokieHead
10 년 전
I am guessing this merger is a go:
On October 9, 2014, the Audit Committee approved the appointment of Frazier & Deeter as its new registered independent public accountant, and the Company formally engaged Frazier & Deeter as the Company's independent public accountant on October 9, 2014.
Why would little old Invisa hire this firm. Nice!
http://www.frazierdeeter.com/
F&D Named 2014 Best of the Best
Frazier & Deeter named a Best of the Best CPA firm for the 8th consecutive year.
INSIDE Public Accounting’s (IPA’s) annual Best of the Best recognition honors 50 CPA firms across the country for their overall superior financial and operational performance on more than 70 IPA criteria. The right combination of planning, strategy, and execution distinguish Best of the Best firms from among more than 540 firms that participated in the 24th IPA Annual Survey and Analysis of Firms.
According to Inside Public Accounting's press release, the IPA 2014 Best of the Best firms are well-managed and well-executed examples of how to succeed. The 2014 IPA Best of the Best firms come in all sizes and are geographically dispersed across the U.S. The smallest firm is a 20-person firm and the largest is a firm of 2,500.
stocktrademan
10 년 전
$INSA recent news/filings
bullish
## source: finance.yahoo.com
Sat, 12 Jul 2014 17:04:08 GMT ~ INVISA INC Financials
read full: http://finance.yahoo.com/q/is?s=insa
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Tue, 08 Jul 2014 10:00:19 GMT ~ INVISA INC Files SEC form 10-Q, Quarterly Report
read full: http://biz.yahoo.com/e/140708/insa10-q.html
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Mon, 12 May 2014 16:29:13 GMT ~ INVISA INC Files SEC form 10-Q, Quarterly Report
read full: http://biz.yahoo.com/e/140512/insa10-q.html
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Mon, 05 May 2014 21:06:29 GMT ~ INVISA INC Files SEC form 8-K, Material Modification to Rights of Security Holders, Financial Statements and Exhibits
read full: http://biz.yahoo.com/e/140505/insa8-k.html
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Fri, 21 Mar 2014 19:07:51 GMT ~ Invisa Announces Non-binding Letter of Intent to Acquire Uniroyal
[at noodls] - March 14, 2014 05:00 PM Eastern Daylight Time SARASOTA, Fla.--(BUSINESS WIRE)--Invisa, Inc. (OTCQB: INSA), Uniroyal Engineered Products, LLC and Engineered Products Acquisition Limited jointly announced ...
read full: http://www.noodls.com/view/823F083AE913CA0DC7AEA150FF4D2F3AA95E7DD0
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$INSA charts
basic chart ## source: stockcharts.com
basic chart ## source: eoddata.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$INSA company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/INSA/company-info
Ticker: $INSA
OTC Market Place: OTCQB
CIK code: 0001172706
Company name: Invisa, Inc.
Company website: http://www.invisa.com
Incorporated In: NV, USA
Business Description: Invisa, Inc. manufactures and licenses a line of advanced electronic sensors for safety and security applications. These sensors are based upon the Company's patented presence-sensing design,InvisaShield(TM). The Company's SmartGate(R) product is used in life and property safety mechanisms for parking gates, slide gates and other powered closures. Security sensors using InvisaShield technology are in service at a major museum in New England. The Company revenue includes the sale ofadditional presence-sensors used to improve the safety of industrial doors, commercial overhead doors, powered slide and swing gates, as well as sensors to provide security for various applications.Less >>
$INSA share structure
## source: otcmarkets.com
Market Value: $28,903,552 a/o Aug 11, 2014
Shares Outstanding: 14,524,398 a/o May 12, 2014
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.001
$INSA extra dd links
Company name: Invisa, Inc.
Company website: http://www.invisa.com
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/INSA/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/INSA/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=INSA+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=INSA+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=INSA+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/INSA/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/INSA/news - http://finance.yahoo.com/q/h?s=INSA+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/INSA/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/INSA/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/INSA/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/INSA/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/INSA/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/INSA/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/INSA/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/INSA/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=INSA+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/INSA
DTCC (dtcc.com): http://search2.dtcc.com/?q=Invisa%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Invisa%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Invisa%2C+Inc.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.invisa.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.invisa.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.invisa.com
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/INSA/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/INSA
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/INSA/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/INSA/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/INSA/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001172706&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/INSA/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/INSA/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/INSA/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/INSA/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=INSA&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=INSA
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/INSA/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=INSA+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=INSA+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=INSA
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=INSA
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=INSA+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/INSA/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=INSA+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/INSA.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=INSA
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/INSA/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/INSA/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/INSA/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/INSA/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/INSA
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/INSA
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/INSA:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=INSA
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=INSA
$INSA DD Notes ~ http://www.ddnotesmaker.com/INSA
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