Soligen Technologies, Inc.
All of the following information comes from SEC filings, company press releases, and other sources that are believed to be reliable. Here are just a few highlights of this outstanding company:
So, What Does This Company Do?
Soligen Technologies, Inc., has developed a proprietary technology known as Direct Shell Production casting ([)SPC), which is embodied in the Company's DSPC 300 System (DSPC System), and which produces ceramic casting molds directly from Computer Aided Design (CAD) files. These ceramic molds are used to cast metal parts that conform to the CAD design. This capability distinguishes the DSPC System from rapid prototyping technologies that are characterized by the ability to produce non-functional, three-dimensional representations of parts from CAD files. The DSPC System is based upon proprietary technology developed by the Company and certain patent and other proprietary rights licensed to Soligen, Inc. by the Massachusetts Institute of Technology (MIT). Pursuant to the License, MIT granted Soligen an exclusive license to develop, manufacture, market and sell products utilizing certain technology and processes for the production of ceramic casting molds for casting metal parts.
DSPC® and Parts Now® are registered trademarks of Soligen.
Basically, this company has developed a technology that allows metal parts to be created faster and with less waste since it bypasses the need for traditional tooling of the metal. The best part is that Soligen developed this proprietary technology! As more and more companies recognize this amazing technology, Soligen's B2B earnings should continue to grow even faster.
After reading the information above, do you need any more reasons? How many other OTCBB companies have repeat business from multiple industry giants such as General Motors, Ford, Boeing, Dailmer Chrysler, etc...? How many other OTCBB companies have institutional buying? (and that institutional buying is increasing!) How many other OTCBB companies have exclusive use of proprietary technology for the next 6+years? How many other OTCBB companies have had their CEO featured in Fortune Magazine? We are talking about a full article here, not just a passing mention of the company! How many other OTCBB companies were named to Deloitte and Touche's list of the fastest growing technology companies in the country? Not many. Revenues are up, gross profit is up, profit margins are up...what more can you ask for? This company has recently made the transition from the developmental stage to the revenue producing stage. This company is continuing to expand its business and those profits should continue to rise as others see the superiority of their product.
Everything about this company looks incredible! A bright future indeed!
This report on Soligen Technologies was originally written on May 2, 2000. In the few weeks since this report was written, Soligen has unknowingly implemented some of the suggestions I have made to improve the price of its stock. What did Soligen do differently over the past two weeks? Specifically, Soligen has done the following:
As a result of these changes, Soligen stock (OTCBB: SGTN) price has climbed 140%. In addition to better stock performance, these changes have also had an impact on investor morale. At the time when this report was being written, many Soligen investors were unhappy with the lack of press releases from the company and message board activity for SGTN stock averaged approximately 7 posts per day on http://www.ragingbull.com. Following the release of the 3 most recent SGTN PR's, investor morale seems to have turned to the positive and the average number of message postings on Raging Bull has increased to approximately 18 per day. This is a positive sign. More message board postings indicates an increased interest in the stock.
Improved investor morale is evidenced by the following messages from an online bulletin board:
"The company has a history of not releasing news that is not related to the filing of forms... and even when they do its mostly in the second half of the year. So it is nice to see information coming out via PR. This is how it should be... the COMPANY releasing information of interest (even mild interest) on a timely basis. Not all news is going to make the stock rocket, but we sure do know what little news does for us."
"I hope the COMPANY will continue to release news as well as most do on this board..."
"...any news that comes out is great. This shows that Yehoram is keeping his word that they are working on improving PR".
By following just 2 of the simple suggestions I have put forth, Soligen has effectively improved both the price of its stock and the morale of its investors. I strongly urge Soligen management to carefully examine and consider implementing some of the other changes I have suggested, especially the conference calls and stock repurchase plan.