This company has been putting out the
same type of messages for years. We all
hope that one day our ship will come in
though it never seems to...

The company refuses to substantiate its
numbers....

The company uses Stock Center for its investor relations... but does not provide
or permit them the information necessary
to respond to investors questions beyond
the press releases.

I have been watching this company under
diferent symbols for the past two years...

Probably not the answer you were looking
for...

I am still holding...If this takes off & a lot of people are expecting it to take off eventually...this will be good...

Always do your own DD before investing or daytrading.

quote:

---

Originally posted by rajarammx:
In theory they are still in the buyback plan...But nothing new...Also we know revenue has gone up but we do not know compared to what number ....

I am still holding...If this takes off & a lot of people are expecting it to take off eventually...this will be good...

Always do your own DD before investing or daytrading.

GLTA
Raja

---

A Comprehensive DD Report on CTKH from the CTKH DD Research Group
Further reports will be made as the information is sorted.

This report deals with the most important DD material compiled to date by the CTKH DD Research Group

************
This is the story of Cetek Technologies, Inc. of Poughkeepsie, N.Y. manufacturer of advanced structural and electronic ceramics. Cetek produces and markets industrial ceramics for structural and electronics applications including aerospace, bioceramics, insulators, and integrated circuit packages.

The company that we now know of as Cetek Technologies, Inc. was originally incorporated in November 1987, in the State of New York, as Cetek Corporation.

In 1994 Cetek Corporation was acquired by Darcy Corporation of Colorado. Darcy acquired all of the issued and outstanding shares of capital stock of Cetek Corporation in a share exchange, pursuant to which Darcy issued an aggregate of 13,845,000 shares of its common stock to the holders of all the issued and outstanding shares of stock of Cetek (approximately 91% of the outstanding Darcy shares, post acquisition).

On April 26, 1994, Fayiz K. Hilal, as President and CEO of Cetek Corporation, filed a Certificate of Incorporation, with the State of Delaware to form a new company name Cetek Technologies, Inc. and their charter was issued the following month. The company was incorporated specifically for the purpose of merging Darcy Corporation with the newly formed Cetek Technologies, Inc. This would effectively accomplish three things; it would dissolve the Colorado corporation, cause Cetek Corporation to become a subsidiary of Cetek Technologies, Inc. thereby continuing the parent subsidiary relationship, and it would move the corporate offices to the East Coast, into the offices of Cetek Corporation. The name and mailing address of the incorporator was Karen S. Lieberstein, of Dornbush Mensch Mandelstam & Schaeffer, 747 Third Avenue, New York, New York 10017. Fayiz K. Hilal, was immediately elected to the position of President and CEO and has held those positions ever since.

The address, of the registered office of the Corporation in the State of Delaware at that time was 9 East Loockerman Street, City of Dover, 19901, Kent County. And the name of the registered agent of the corporation in the State of Delaware at that address was National Corporation Research, Ltd. Nothing is known about NCR at this time.

On June 23, 1994 Cetek Technologies, Inc. filed for merger with Darcy Corporation. The merger was approved in July 1994. Darcy was immediately absorbed by Cetek, and the company continues to do business as Cetek Technologies, Inc. to the present day.

The executive offices of both the parent and subsidiary, and the manufacturing facility of Cetek Corporation are located at 19 Commerce Street, Poughkeepsie, New York 12603. Their telephone number is (914) 452-3510 and their fax number is (845) 452-3524. It is believed that Mr. Hilal?s e-mail address is fayiz@cetektechnologies.com, though it has not been confirmed. And their web site is located at www.cetektechnologies.com. However, at present it is still under construction. The CEO has gone on record that the site will be completed sometime in February 2004.

Cetek Corporation is not now and never has been listed with the SEC.

In the news release cited in the paragraph above, Cetek announced that it had recieved an initial $250,000 via a private funding, with a letter of intent for an additional $500,000 expected soon after that. They stated that the funding package would be used to complete a planned acquisition of a privately held value-added ceramic-product manufacturer (Apparently HYCOMP, a subsidiary of Microtel International). The firm was to complement Cetek's ceramic-product technology and position Cetek so that it could fulfill its order backlog more expediitiously based on the added capacity from the acquired company. It was Cetek's stated objective to aggressively explore expansion options. They stated that at that time they had several acquisition targets identified.

On April 7, 1999, in another news release published by Business Wire, entitled "Cetek Technologies Completes $1 Million Financing," Cetek announced that they had completed a
$million Regulatory D private financing. (This was apparantly the completion of the funding agreement mentioned first in the news release of February 8, 1999, mentioned above. Though it appears that an additional $250,000 was added to it) However, Cetek also announced that it had cancelled negotiations with Microtel International for the purchase of its subsidiary HYCOMP. Cetek management cited discrepancies in financial information discovered during Cetek's due diligence process. Nevertheless, Cetek stated that it would press forward in its objective to expland by both internal and external means, via the acquisition vehicle.

It was the company's stated intention at the time to achieve eligibility for a NASDAQ small Cap listing by the end of calendar year, 1999. Toward that end the company announced that an audit for fiscal year 1998 was nearing completion and was expected within 30 days. Upon completion of the audit, Cetek intended to file Form 10 with the S.E.C. so as to become a fully reporting company.

On August 18, 1999, Cetek announced that it had developed two new materials in the ceramic family for use in the multibillion dollar flat panel display industry. The announcement was published by Business Wire in an article entitled Cetek Technologies Announces Major Breakthrough Development for Flat Panel Display Industry.

The two new materials, named "cordierite" and "perovskite," have special characteristics that make them a more suitable base material for many future demanding applications, such as the flat panel display and communications fields. Hilal noted that the new materials would complement Cetek's growing family of ceramic materials and products.

The article also noted that Cetek Technologies' superiority in the field at that time made it possible to produce large flat sheets of ceramic at a substancial cost advantage.

Cetek Technologies, Inc. registered with the SEC on September 2, 1999. Their symbol at the time was CTKT. They were listed on the OTCBB exchange. According to a news release, entitled, Cetek Technologies Announces Completion of S.E.C.Filing Form10SB to Gain Fully Reporting Status, dated September 1, 1999, and published by Business Wire, documents involved included audited financial statements and Form 10SB, which is a General Form For Registration of Securities of Small Business Issuers. (The EDGAR site identifies the form as a 10SB12 G) At about the same time, Cetek also submitted formal application to Standard & Poor's Corporation to initiate financial coverage within their organization.

Use of this new technology by Cetek greatly reduced the part count, assembly line and design complexity of the manufacturing process. This improved reliability and reduced the finished product's size.

Cetek extended the technology of both thick-film and thin-film substrates in two important ways: It produced flatter and smoother substrates without the need for costly grinding, polishing, and lapping process, and they produced substrates that were dramatically larger than any that were available elsewhere. As early as September, 1999, Cetek was capable of producing 12" x 12" substrates, with plans to increase that to 20" x 20" by December of that year. (Apparantly they did not reach that goal until 2003.)

Another distinguishing capability of Cetek was and is its versatility in substrate materials design. As early as 1999 Cetek offered proprietary fomulations with "tailored" specifications and characteristics to meet the exacting requirements and needs of targeted customers.

By September, 1999, the company had finished building some new proprietary equipment needed for future production.

As far as can be determined, no PRs were released between September 23, 1999 and October 25, 2001. However, on 5/18/2001, a Form 5-12G, a Certification and Notice of Termination of Registration, was submitted to the S.E.C. It is unclear to me at this time whether this form simply relieved Cetek from the reponsibilities of filing quarterly and annual reports with the S.E.C., or completely de-listed the company and removed it from the OTCBB. It would appear that it did the latter, because according to Hilal, new legal counsel was retained, in the fall of 2001, for the purpose of re-submitting the necessary paperwork and audited financial data.needed to regain NASDAQ OTCBB status. (Business Wire, Cetek Technologies Issues Statement to Shareholders, October 25, 2001) Though no public statement was made by the company to confirm it, that we know of, we assume that this effort was succcessful because the company continued to be traded on the OTCBB. It was apparantly at that time that Cetek elected to opt out of any future requirement to file quarterly or annual reports or other forms with the S.E.C.

The basis for the agreement was the fact that Cetek was engaged in the reasearch and manufacturing of high-grade ceramic material. And they had pursued a significant R & D effort since 1998, to produce a ceramic substrate that was flat, smooth and of large surface area, and with specific mechanical and electrical characteristics. Simultaneously, Motorola had been carrying out a significant R & D effort to develop CNT technology and demonstrate that optimum CNT performance demanded ceramic substrate by Cetek. The combination of the two proprietary technologies and processes developed a high quality and inexpensive flat panel display product. By October 2002, all required R & D had been successfully completed and a prototype had been produced by Motorola at their Phoenix facility.

Flat panel displays have become increasingly in demand for a wide variety of uses in the communication, entertainment, computing and instrumentation applications; including but not limited to cellular telephones, PC monitors and televisions.

Some of the advantages of a flat panel display based upon the Motorola/Cetek joint CNT technology are:

Reliability - 10,000 hour life expectancy
Superior viewing quality over Active Matrix Liquid Crystal Displays (AMLCD), that is equivalent to CRT displays
Display uses 1/10th of the power of normal AMLCD
Scalable manufacturing process that allows them to make any size substrate.
Manufacturing equipment is low-tech
Manufacturing costs are 33% of that of AMLCD

.As a result of the successful R & D with Motorola, the company began seeking funding to establish a manufacturing facility in the United States, and made tentative plans to also have two production facilities in the Far East.

At the same time, Fayiz Hilal announced that Cetek had retained Harry Ahang, head of CVP(China Venture Partners) of Flushing, N.Y. as advisor and consultant.

Apparantly Cetek retained CVP for the expressed purpose of seeking a venture capital agreement with a company somewhere in the Far East. My guess would be either mainland China or Taiwan. I doubt seriously if he would look for money in Communist China so IMO is was more than likely Taiwan.

By October 2002, Cetek had obviouly begun to anticipate great things were getting ready to happen. They had the MOT agreement in place and they apparently had some prospects for venture capital, perhaps through the effort of CVP. And on October 16th they announced that they were going to buy back 500 million shares of stock, beginning the following day. Though the announcement conveniently failed to specify the time period for the buyback, things were looking great! (Business Wire, Cetek Technologies Board Approves 500 Million Share Stock Repurchase Program.) It was obvious to all that Cetek fully expected to come into some serious money, either through increased sales or venture capital or both. Then two months later disaster struck.

On December 23, 2002, just two days before Christmas, Cetek announced a 150 to 1 reverse split. The announcement published by Business Wire (Cetek Technologies Inc. Announces Reverse Stock Split; Company Begins Trading Under New Symbol "CTKH: On December, 2002), hit the streets hours after the R/S had been completed. Suddenly, and without any prior warning, stockholders were told that for every 150 shares of CTKH stock that they owned they would not only own 1 share. Understandably, the stockholders at the time were devastated. They felt betrayed. Many of them bailed out and became the bashers we are dealing with today. As the headline of the Business Wire news release indicated two other significant changes occurred on that date; the company moved from the OTCBB to the pink sheets, it's symbol changed to CTKH.

However, looking back from here, it seems obvious to me what actually happened. The MOT deal was contingent upon completion of the venture capital deal with company in the Far East. Without that deal, CTKH would not have the need R & D money or the money to pay the royalties required by the MOT agreement. It is also possible that the reverse was true - the venture capital deal may have been dependent upon favorable wording in the MOT agreement and a reasonable royalty payment. It is unclear from the information that is available at this time, whether CTKH backed out of the MOT agreement to renegotiate it, which in turned killed the venture capital deal, or whether the venture capitalists backed out of their deal with CTKH until they could negotiate more favorable terms with MOT, which in turn killed the MOT agreement. What is clear, is that when the venture capital deal fell through, for whatever reason, Cetek could no longer honor their agreement with MOT. IMO the most likely reason is two-fold, they were not hpapy with the one-sided nature of the agreement, and that they lacked the R & D money that they needed. Therefore they opted to simply stop making the royalty payments required by the contract. And as a result the license expired. And they could no longer complete the buy back which would have reduced the float, thereby increasing share value.

From Hilal's point of view, it was obviously just a matter of time before people would begin wondering why the MOT deal and the stock buyback were not going forward. IMO the answer was that the company was nearly broke without the venture capital. Knowing this, Hilal realized that once the word got out, the stock prices would plummet and the company could end up near bankruptsy. In a brilliant move by Hilal to ward off that possibility, he initiated the R/S. Though that shocked the stockholders at the time, in the long run it would have the effect of greatly reducing the float, and thereby increasing the per share value. All the compnay had to do then was button down the hatches, tighten their financial belts, and try to keep everything hush hush until they had a chance to stabilized the company.

Seen in this light, the R/S was an absolute necessity. Without it the company could not have survived.

It is Hilal's ability to make such incredibly hard decisions that has finally given me absolute confidence in his ability to lead CTKH into the future.

In spite of these set backs and changes in public status, both publically and privately Fayiz Hilal, the CEO, has made statements to the effect that Cetek?s long range goal is still to be listed on the NASDAQ.

On April 5, 2003, Fayiz Hilal published his first PR type quarterly statement. (Business Wire, Cetek Technologies CEO addresses Stockholders) In it he stated that the company was still supplying ceramic samples to certain grinding houses for evaluation. He also said that the company was looking into several new area that might benefit from their expetise in making ceramic material. Another interesting thing mentioned was that they were studying the feasability of starting an advertizing campaign that would target techical magazines.

Hilal stated that in his opinion their business model was still good. This was an important statement given the recent reverse split. He was very optimistic about 2003. Proof that things were on track was the fact that Hilal stated that they were making a substantial effort to raise the capital needed for setting up the prototype facility. He said that in depth discussions with potential funding sources were in progress at that time. Pending their success in raising funds for an independent R & D effort, Hilal mentioned for the first time that the company was looking at the possibility of making some prototypes in a University laboratory.

He said that they had perfected the technique of making 12-inch ceramic plates, and were now able to manufacture them in "a steady stream." He mentioned that they were the largest of their kind in the industry.

Hilal also announced that Cetek was building unique aluminum reclamation furnaces for a "MAJOR" British firm. (My emphasis on major) The contract called for a long term commitment by both parties.

In summary, Hilal stated that the company was on schedule with their plans for the year, and that they expected to show their profit by the end of 2003.

In addition, Hilal mentioned that CTKH's 12-inch ceramic substrate was being accepted very well by the industry, and there was expressed interest in ever larger sizes. Demand for the 12-inch product was increasing. Because of the size of the substrate and the cycle time, a new furnace was needed. Cetek is making their own from the ground up, from the design to actual construction to save money. They also had several jigs and fixtures built at that time.

In order to pay for all of the new equipment, the company raised money through the sale of Class A Common Stock. This unfortunately resulted in share value. This announcement would seem to explain the drop in the pps below a penny at the end of the 1st quarter 2003.

The news release ended with the company extending an invitation to all shareholders for them to attend the annual Shareholders' Meeting that was to be held in the Star Dust Hotel, in Las Vegas, NV on Wednesday, August 20, 2003. On August 18, 2003, the company issued a brief news release to announced that location of the Shareholders' Meeting had been changed to the Riviera Hotel, in Las Vegas. Six shareholders attended that meeting. Following are four posts by some of the individuals who attended the meeting:

By: wmo767
22 Aug 2003, 10:54 PM EDT
Msg. 147 of 61473
(This msg. is a reply to 146 by az6fan.)
Jump to msg. #
az6fan,

I'm sure didn't get to read or want to read what I said to someome else on this board but I have cut and posted it for you. It's a small but acurate synopsis of what happened at the meeting. I hope it helps you out.

By the way, thanks for what you do for all of us. Keep your head down and I'll say at least several prayers for your safe return.

Here's what I posted:
1.Cetek did elect a board of directors-Fayiz, his son John, Dr. Gordon Love and suprise Dr. Spriggs. John was a t the plant and Dr. Spriggs was at a previous engagement. Dr. Love was there and he and his wife are very engaging people. My wife and I enjoyed having dinner with them.

2.License is 10 year and is not exclusive. Gee I wonder if that's why MOT is shopping it? Royalties are required and payment was not discussed.

3.Actually Fayiz did discuss the financial condition of the company. It is currently on firm footing with in excess of $200 thousand cash on hand. He has contracts with one company for production of ceramic and is in talks with 5 additional sources. There is no debt. There will be no reverse split and there are currently just under 500 million shares outstanding. This could change and it might not.

4.Based on my personal dinner conversation with Fayiz he will not take the company private. He will have a CNT prototype available in 6-9 months(he's still 3 years ahead of everyone else in the industry)and hopes to be in production in 18 months.

He said a whole lot more. All of it quite interesting. I really enjoyed the technical discussion even being a neophyte. The real gist of the whole thing is what I've long thought. Cetek is currently producing the only ceramic material in the world that can support the CNT technology MOT has. It provides for the best base and performance of MOT's work. No other technology in the world can do what Cetek's can. Not glass. Not some other ceramic. Nothing.

wmo

***

By: JoeAfrica
23 Aug 2003, 05:46 AM EDT
Msg. 153 of 61474
(This msg. is a reply to 148 by wmo767.)
Jump to msg. #
WMO,
Good work, and thanks for elevating the level of discussion, and also proving invaluable at the shareholders mtg & after-mtg. Your a sharp guy.

I am pretty sure I heard the ceo state that their were no more payments due on the license, after I asked him how long the license was good for(=10yrs). He made it clear that they want royalties, and are willing to wait for them. He also seemed to have an open-door policy with the right person at MOT, and there are some aspects to the license that will be re-negotiated to bettor suit cetek, since they are building their own prototype. A decrease int he percentage of the royalties is on of the things that MOT has already agreed to re-negotiate. It became clear to me that MOT is in no hurry; they will wait for their royalties, but they sure want them...and expect cetek to find their own way. While this seems like a lonely and unnecessarily difficult road, it also became clear that cetek is well on their way to doing the prototype solo, and have filled in the major gaps.
JA

***

By: magic1usa
06 Dec 2003, 02:46 AM EST
Msg. 4443 of 61480
Jump to msg. #
DD FOR ALL TO READ :
CETEK is involved with 3 lines of businesses according to August 2003 Shareholders’ meeting :

(1) High-end alumina ceramic substrates
Cetek has perfected their ceramic substrates and samples were presented at the meeting. The substrates are smooth like glass, strong enough to be dropped and not crack, and are free of warped-imperfections. The unique cetek process allows for these substrates to come out of ovens smooth, thus avoiding the costly grinding and smoothing procedure that is traditionally done. Cheap competition samples, from China were shown. They have warps in them, and can't be used as high-end substrates. They are also small, only coming in 4in x 4in size as a max. Cetek' s substrates come out 12in x 12in,and they are increasing their size capacity.
It took years of research to perfect their unique process. For example, just one degree change in heat, during production, will change the result.
This area does have much potential. For example, if silicon Carbide is used instead of alumina, the product can be impermeable to bullets,etc. Thus the military(yuk) has interest in such products, though cetek has yet to pursue this avenue yet.

(2) Aluminum Reclamation Furnaces
They have built one Aluminum reclamation furnace and sold it to a company in Ohio,and they are very pleased with the results. The furnace costs 29k to build, and they sold it for 79k, with the purchasing company being responsible for the shipping. They have 6 more furnaces on back order. Right now, their is some negotiation going on; cetek wants purchasing companies to fork-over the 79k up front, so they can afford to build. The first purchase was done with only 10% down(he might have said 20%), and they did it to get the business and reputation.
It turns out aluminum is in demand and a hassle to produce. By using a furnace, one can recycle aluminum scraps, because at 1500 degrees everything melts but the aluminum.
They are not using microwave ovens, but have that expertise. The state of New York is very interested in working with them to build these types of ovens, but they currently are absorbed in their other projects. This offer is open, and they hope to pursue it later. By the way, the state of NY is very interested in cetek succeeding, and providing jobs to the area. Further, they very much want to support technology, and get a reputation to that end.

(3) CTEK & CNT Technology :
CETEK is working on a prototype of CNT (Carbon Nanotube Technology) and they are 3 years ahead of the competition. CNT, using Cetek' s ceramic plate (Ceramic Backbone for the Flat-Panel also known as FED' s, which stands for field emission Displays that is required for Carbon Nanotube Technology) will outperform any plasma display, and be very affordable.
By the way, TV' s are not the only envisioned project. The aviation industry wants to replace their dashboard displays, as LCD is angle-viewing poor, with CNT. Many different companies have expressed interest in Cetek' s potential products. Demand is, or will not be the issue.

They have a Nano Plant, 10-year contract with Motorola and former Motorola scientists.
With the Nano Bill will be signed today, they will get their financing.
They are currently buying back the shares according to the PR and CEO.

Good Luck To All

***

By: magic1usa
05 Dec 2003, 03:18 PM EST
Msg. 4247 of 69636
Jump to msg. #
Here is the true story about Cetek' s Nanotech project per August 03 shareholders' meeting (I got this information from those who attended the August shareholders' meeting in Las Vegas) :
As you know, Cetek had a 10-year license agreement with Motorola at 10% royalty (I posted link earlier) to produce flat panel using CNT technology. Motorola could not do it alone without Cetek (MOT' s CNT product only has been shown to work with Cetek' s ceramic flat panel. They have tried to get around this, but have never succeeded). Also, there are others working on CNT. They will run into the same problem MOT did. They will need Cetek.
A few short, painful years ago, the two companies were working together at a MOT Lab in Arizona and were ready to explode on the scene, together.
It is estimated by the 3 key MOT scientists (more on them later) that Cetek + MOT is 3 years ahead of the competition. Then the stock market crashed ("elections"/Bush) and MOT was wounded. MOT abandoned this research project and closed their Arizona Lab. Cetek ploughed ahead alone.
Cetek, for complicated reasons, was never going to get the original prototype they worked on with MOT. Thus, rather than giving up, they decided to build their own prototype. They need 3 things : a Nanotech facility, the 3 key MOT scientists responsible for the CNT , and financing.
As of early August 2003, they have the facility and those scientists (former MOT/CNT scientists came to join them) and started the project again. They still need the financing. The estimated cost is 2 million dollars for full prototype production. Cetek was in continuous discussion with investment bankers, and hopefully will succeed. If not, they plan on mortgaging the building they now own and work out of, as a back-up plan. At the meeting, the CEO stated there would never be another reverse-split and he was allowed to buy back shares (see Oct. 2003 PR). Once they complete the prototype, they will re-negotiate with MOT for 5% fee or less as they always have the open door to the right people at MOT.
They also have an arrangement that is to finish the ceramic plate here, and ship them to China, where the large-screen TV's will be made. The Chinese Government has agreed to ship back to the US free of charge. By the way, TV's are not the only envisioned project. The aviation industry wants to replace their dashboard displays, as LCD is angled-viewing poor, with CNT. Many different companies have expressed interest in Cetek' s potential products. Demand is, or will not be the issue.
At the meeting, the CEO stated there would never be another reverse-split and he was authorized to buy back 500 million shares, and feels this will both raise the price in the usual sense, and also force all of the past shorters to cover (see Oct. 2003 PR). He stated, belatedly, that the outstanding shares is around 500 million (this number is registered higher as of Nov. 2003 in Pinksheets.com).
Now, the company's financing picture is much brighter with the Nanotech Bill just signed by President Bush. It has been nearly 4 months since the August meeting. Cetek must be in some good progress. I hope Cetek will complete the prototype soon and get into the production stage.
Good luck to All.

***

At the time, securing adequate funding for R & D of Flat Panel Displays was a top priority. There were an unknown number of venture capitalists who were being approached regarding funding for the program. But none had committed by the time of the report. Hilal did say, however, that some of their efforts appeared to be close to bearing fruit.

He also made some general statements about the success of the shareholders' meeting that took place in August.

The report stated that product shipments were on schedule, but once again made no effort to qualify the statement with actual sales figures. However, for the very first time, Hilal associated Cetek's substrate to fuel cell research. He said that concerted effort was being undertaken to introduce the company and Cetek ceramic materials to many of the nation's fuel cell manufacturers. The fact that he said "the nation's fule cell manufacturers" may or may not be significant. He did say that we should not expect that effort to increase production requirements for two to three years. But the fact that in the same paragraph, he mentioned that a larger sitering furnace is being made, is certainly pregnant with possibilities.

Hilal also said that FPD (flat panel display) research was going slowly.

He then referenced back to the October 2002 decision to complete a 500 million share buyback, and stated that it was going to begin in earnest sometime during the 4th quarter for 2003. No deadline for its completion was set. However, the fact that it is going forward, "in lieu of a reverse split" tells us that Hilal is trying to do things that benfit both the company and the shareholders.

On October 14, 2003, the company filed a RegDex wirh the S.E.C. to increase the number of Authorized Shares, from an unknown number to an unknown number. I asked Hilal about the purpose of the RegDex when I called him on December 15, 2003. Here is a transcript of that portion of the conversation:

Q:What is the significance of the RegDex filing on 10/14/2003?
A: (1 st part of his answer was garbled but included a statement that the form was to pave the way for an increase in the number of authorized shares) "That's all what we did.We cannot do that without permission from the SEC. So I filed the paperwork for that and supporting documents, and so on, okay? And that's all what we did, okay? In anticipation of future goals where we might need more stock. And that's what we did it for."

Q: Do you have an anticipated amount? I mean are you trying to reach a certain level?
A: "No, I'm not trying to reach nothing, I just want to have the capability or the immediate availability in case I make a deal with somebody."

On January 5, 2003, a poster who goes by the name of mach1cobra428yes, on the Raging Bull CTKH bulletin board, talked with Hilal about the progress the company was making. Following is a post made by mach1 regarding that conversation.

"By: mach1cobra428yes
05 Jan 2004, 03:42 PM EST
Msg. 19460 of 61160
Jump to msg. #
OK everyone, you ready for this! I could not stand it any more, I just called CTKH and Optidoc you are the man., my call was at 12:25 acific time. My first question to Mr. Hilal was

"question: How many O/s
answer: Can't tell me

"question: News for sure this month
answer: yes sometime this month

"question: buyback in progress
answer: yes

"question: Is there anything you can tell me at all
answer: Better than you can even imagine. this is a
from Hilal himself.
Also he did say O/S amount should be in PR

"I talked to him a little more and that is all he wanted to say, he sounded very very excited and happy.
I told him I owned a fair amount of shares and I wished him the best of luck and what he was doing was exciting. He said thank you very much and once a gain happily said it is better than you can imagine, and than he said to me God bless you, and I told him the same and the call ended.
I have never talked to a CEO that had this much excitement to offer in his phone conversation."

As a direct result of that conversation, the stock's prices started going up. It began what only can be described as a turtle run. The stock went up from the mid .002s to the mid .004s over a period of 25 days. This was all in anticipation of the 4th quarter report for 2003. Of course the shareholders could really imagine a great deal, and did, over the next 3 1/2 weeks as they waited for the report. Realistically by the time it came out, it is hardly an exageration to say that nothing short of CTKH signing some partnership agreement with a major player like Intel, Sanmsung, MOT or others, maybe more than one; or being bought out by one of those; plus profits that were through the roof; financing for the R & D and the three manufacturing plants, major contracts for continuous production of their substrates with multiple companies, the buyback being complete; and perhaps another planned, all reducing the o/s to less than 1 billion shares; AND confirmation that they were moving up to the NASDAQ, would have qualified as greater than we could imagine. Therefore the report was destined to be a disappointment before it was released.

He also used phrases like "Cetek made significant advancement during this past quarter, to become established in the nanotechnology field." He then mentioned the nanotechnology bill that President Bush recently signed into law. Without saying a word to confirm or deny that CTKH would benefit from the money provided by the bill, Hilal deftly linked the two together in the same paragraph. The rumor mill immediately went to work. The report went on to say that "Cetek is well positioned in this field, and continued development and progress in this area should be fast and aggressive, both for the company and the industry." Wow! "well positioned," "fast and aggresive." Those words were fuel for the fire. The report could have stopped there, but it went on. It spoke of larger sintering furnaces used in the manufacture of the ceramic substrate that would increase the available furnace capacity by threefold.

Then moving to another subject entirely the report stated that, regarding the aluminum reclamation furnaces, the "customer from England...has issued Cetek Technologies more orders for these large furnaces." It went on to say that the product had "generated strong demand in the United States and overseas." And that, "substantial sales for this product line are expected thoughout 2004 and into 2005."

And finally, Hilal stated that the buyback had begun, "for the benefit of the shareholders."

***

During the calendar year 2000, CTKH filed:

a Form 10SB12G/A, on 6/23. This is the company's first amendment to the General Form for Registration of Securities of Small Business Issuers that includes consolidated financial statements. Included with that form were copies of the company's Certificate of Incorporation, its By-laws, and a summary of the Corporation's financial information.

a Form 10QSB, on 8/21. This is a Quarterly Report for the quarterly period that ended March 31, 2000. Included with the report was summary financial information extracts from the company's financial statements for the same period.

a Form 10SB12G/A on 8/21. This is the company's second amendment to the General Form for Registration of Securities of Small Business Issuers that includes consolidated financial statements. Included with that form were copies of the company's Certificate of Incorporation, its By-laws, and a summary of the Corporation's financial information.

a Form 10KSB on 8/21. This is the annual report for the fiscal year ended December 31, 1999.

a Form 10Q on 8/21.This is a Quarterly Report for the quarterly period that ended June 30, 2000. Included with the report was summary financial information extracts from the company's financial statements for the same period.

a Form 10SB12G/A on 10/6, This is the company's third amendment to the General Form for Registration of Securities of Small Business Issuers that includes consolidated financial statements. Included with that form were copies of the company's Certificate of Incorporation, its By-laws, and a summary of the Corporation's financial information.

and a Form 10QSB on 11/13.. This is a Quarterly Report for the quarterly period that ended September 30, 2000. Included with the report was summary financial information extracts from the company's financial statements for the same period.

The full text of each of these Forms can be found at: http://www.sec.gov/cgi-bin/srch-edgar?text=Cetek+technologies%2C++inc.&first=1993&last=2004&mode=Simple.

Each of these SEC filings have been reproduced in this series of DD reports.

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Here are the post numbers of all the individual DD Reports in order.

Posts # 56084, 56658, 56125, 56126, 56128, 56129, 56091, 56095, 56097, 56101, 56103, 56130, 56106, 56110, 56113, 56115, 56116, 56119, 56121, 56123, 56124, 56249, 60147

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Here are some of the most important DD links and posts of the last couple of months.

16028 (MOT & CTKH display prototype), 16261 (magic1usa summary of 8/03 s/h meeting), 16262 (CTKH's 3 product lines), 16513 (CTKH & smooth ceramic substrate), 19460 (mach1's "Better than you can imagine" interview with FH), 20476 (mach1 followup interview w/FH), 20479 (Jim Stock interview w/audit ref.), 21610 (roundmot comments on Institutional buyers), 2441, 24454 (nanotech the next dot.com article), 24472 (comments on superiority of Ceramic substrate) , 24912 (Bus/Wire report on 1st Quarter 2003 S/H report) , 24915 (Old news about MOT license), 15141, 25282 (MOT & FED panels), 25290 Nanotech Grant bill), 25325 (MOT & CNT dispalys), 25354 (smart flat panel video displays), and 25405, 27976 (E-mail from MOT regarding CTKH license), 33696 (2002 buyback & R/S), 35154 (burlaptocashmere post on 4th quarter s/h report) , 54459 (hajinator post on CTKH process), 54636 (MOT & CNT), 54654 (nanotubes in alumina), 54802 (incredible article on nanotechnology), 54944 (FED and Gov't R&D support), 54979 (Cetek & acquisitions), 55437 (, 55286 (the science of small things) 77579 ( Japanese companies produce 25" CNT screen), 57784 (CTKH and university labs), 57786 (CTKH announces 500mil buy back in 2002), 58066 (pictures of Cetek), 58156 (comments on q reports), 57447 (smoothtransaction's interview with Jim Stock), 58824 (nanotech and secrecy), 59297 (link ot article about 3 companies involved in CNT research), 59819 (List of 20 nano leaders), 59994 ( links and comments on nanotech bill and CTKH, 147 (wmo767 to az6fan re: annual meeting), 60919 9(article on Cetek ceramics)

I also humbly include one of mine as a summary statement. - 28215,

For additional information be sure to check out this link: http://www.allstocks.com/stockmessageboard/ubb/Forum8/HTML/002416.html

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This is all we have been able to find out so far about the Cetek?s Technologies, Inc.

If you are aware of any additional information on this subject that is not included in this report please e-mail it to us at rpd @cableaz .com. Thank you.

Credit for this information goes to:
Research on the EDGAR site.

Anyone who desires to join our research group is welcome. Simply send us an e-mail at rpd @cableaz .com.

Hope this information has been helpful.-

RoundMot

There is a lot to digest. Personally, I sold my CTKH shares to free up cash. I will keep my eye on this company though. Ceramics are so diverse in their makeup and applications. For instance, I work with ceramics for heat rejection on commercial, residential, marine, and automotive glass applications. The type of ceramic we use is spectrally select and it reduces the heat gain up to 70%. It is a product that has been well received in the marketplace. If you come across a company developing a ceramic-based technology, such as CTKH, or any other company, it would be worth the time to do some dd and see if it is a good investment. As for CTKH, time will tell...

Status of buyback up to 500 million shares.
Website update for shareholders.
Any new agreements.

Last qtr. pr ran CTKH up to .0079, more than double what it is today...and it was b.s. fluff pr.

It appears that there is ALOT of activity going on in Poughkeepsie in the NANO field! And I know that some of the R&D guys at ctkh have links back to the SUNY-Albany.
"Albany NanoTech at the University at Albany - SUNY is the umbrella organization created by the University to oversee, coordinate, and manage its critical programs in nanotechnology. Albany NanoTech is a fully integrated research and development (R&D), technology transfer and education mega complex, with a current asset base of $160M. This asset base is expected to expand to $500M within the next year. Its physical infrastructure includes NanoFab 200, the only fully integrated 200mm wafer fabrication facility, NanoFab 300S, a $35M state of the art 118,000 sq. ft. laboratory complex and NanoFab 300N, expected to be completed in May 2004 - a 228,000 sq. ft. research, development and prototyping facility which will house a 35,000 sq. ft. cleanroom."

This is still a very strong hold and could break at anytime, I don't think it should be forgotten.
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I have purchased a Dunn & Bradstreet business report for Cetek. It is 19 pages long and Cost $138.00 , and is very comprehensive. I can not copy it or display it in any way and had to agree to use it only for my personal research. It shows a company which has had it's share of adversity. I will try to to condense it down in a way that will not break the terms I agreed to to obtain the report.

First is a business history for Mr. Hilal.
1965-1977 Employed by Honeywell Corporation, Minneapolis
1977-1991 founded Tratron Inc., Poughkeepsie, sold business, All bills paid.
1986-1991 president of LaGrange Manufacturing Corp., Poughkeepsie. Ceased operations. All bills paid.
1989 to present operations , Cetek Inc.

Employees: believed to be 25
Facilities: owns 20,000 sq. ft. one story brick , industrial section on side street
Net 30 days and letters of credit: has 12-20 accounts, some commercial concerns
Territory: international
Financial Summary: unable to obtain sufficient information to form summary

Description: manufactures nonmetallic mineral products, specializing in ceramic fiber. manufactures jobbing
or repair machine shop items. manufactures sheet metal work, specializing in forming of machines.
manufactures instruments for measuring or testing of electrical signals. manufactures porcelain electric
supplies.

Bankruptcy filings 0
Judgements 9
Liens 7
Lawsuits 0

Industry PAYDEX ( Bill paying record)

80 within terms
76 6 days beyond term
29 93 days beyond term
*************************************************************************************************************

It is my opinion that this shows a company with a past history of struggling, but managing to make ends meet. I think it noteable that in past closed out business dealings, Mr. Hilal left no unpaid bills. If, as the recent shareholder report claims, we had our first pofitable quarter, I see no reason Mr. Hilal will seek finances through further sale of shares. There has been one reverse split to my knowledge in the 10+ year history of the company. Mr. Hilal is qouted as saying it was necessary.
Dunn & Bradstreet is probably as good as it gets for reliable information. To me, this verifies
employment, manufacturing activity, and an international sales territory. So, to my mind, claims made on the
board that these things are in dispute are without any merit. I still believe everything will come down to
the efforts and integrity of Mr. Hilal. To date I find nothing that would make me sell my shares.
Also, I wish to mention that there is a record of difficulty in meeting all bills on time. However, there is no record of bankruptcy or of lawsuits against Cetek. I hope and believe we are at the break even point for this
business.

MMs have tried a couple of weak .0037 shakes but very few bit.

I am optimistic for next week. Quarterly PR is in the pipeline. Based on history, CETEK doesn't miss quarterly PRs, ***THE LAST ONE WAS ON THE FINAL DAY OF THE MONTH***