if closes over.004 it should smash through early tomorrow. and people will begin to notice the high volume

The buy-back is an antidote to the naked shorts. When the price was triple zero's, that is the kick that got things started back in Dec. The buy-back will happen again as long as the naked shorts plan on taking it back down to triple zeros. At the shareholders mtg, the ceo stated that the price, based on the company's financials/worth, should be 5 cents, AT LEAST, that's .05

The purpose of the buy back as a tool to combat naked shorts, as mentioned at the SHM has been mentione here before, more than once. Yet people still feel the need to guess, make up, and speculate about a buy back, its timing, etc. Amazing.

it would be nice to see a close at .0044/.0045 for today.....

Re: conversation with Jim Stock.

Will tell you what I remember, but have to tell you that my computer just wiped out my notes so will do the best I can. My comments will be mixed up because I am typing them as they come to me.

Fayiz has asked jim to send him an e-mail of all the information he would like to see in the next pr. I told him that I will send him an email with all of our questions.

He believes that Fayiz has finally turned a corner and sees the value of keeping the stockholders informed.

John Hilal is being groomed to take dad's place. He and the East Indian scientist on their staff has all of the company secrets.

They are still trying hard to get the 3 scientists from MOT in Phoenix

They are still carrying on low level talks with MOT about CNT and possible future working arrangement. No details available and may of may not come to pass. But the door is still open for talks.

Good possibility of major financial discosures in next pr, including A/S, O/S, float, earnings, profit, debt, etc.

Major investment broker in NY has begun buying up CTKH based strickly upon the financials that he has been able to pull together.

Both he and Jim feel that CTKH has a great chance of major success on the market. Jim said that they have inproved in every single area. His comment was that he and the broker were commenting to each other that they believe the day will come when they will be talking about CTKH and how cheap it was back in 2004, and wondering why they didn't mortgage their house back then to buy more.

He is going to press Fayiz to give a specific date for the web site in writing, in the next pr.

04/23/2004 0.004 47,993,981
04/22/2004 0.004 91,889,697
04/21/2004 0.0036 65,007,315
04/20/2004 0.0036 51,267,701
04/19/2004 0.0037 37,410,385

Looks like we are setting up for a good volume today already at 53mil..

Thanks,

This is a pink sheet with in-demand products, legitimate customers, and 2 straight profitable quarters.

Cetek Issues Quarterly Update
Friday April 30, 9:30 am ET

POUGHKEEPSIE, N.Y.--(BUSINESS WIRE)--April 30, 2004--Cetek Technologies, Inc. (Pink Sheets:CTKH - News) has issued the following communication today, as follows:
April 30, 2004
To Cetek Shareholders:

We take this opportunity to briefly report on our status of operations, as is customary, having completed the first quarter of 2004.

Sales revenues continue to grow, with this most recent quarter being our strongest yet in production and shipment of our proprietary ceramic substrate product. In particular, the 12 inch substrate material is selling very briskly. Additional production capacity will become available shortly, so as to get positioned ahead of the current, and expected future, significant growth in sales.

Specifically, for the three month period, we realized a 116% increase in revenues compared to the previous quarter. And, this was our second profitable quarter in a row.

We look forward towards beefing up our national sales and marketing efforts, and expect to have additional sales personnel hired and trained by this summer.

The development of the company's official website is nearing completion, and we anticipate the site's launch shortly. A separate press release will be issued on this subject, once we have the website up and operational.

From the Company's inception, management has focused consistently on building a company with solid foundations and with state of the art ceramic materials. Years of formulating, testing and proto-typing have taken us far -- and we are now beginning production and distribution of Cetek's proprietary ceramic materials onto a world market.

Cetek Technologies is moving forcefully forward on its growth prospects for 2004 and beyond. One extremely promising area is in CNT (Carbon Nanotube) technology. Cetek shareholders may recall referencing CNT opportunities in the past. It might be helpful to define this technology: Carbon nanotubes are arrangements of carbon atoms that are formed into tiny tubes with diameters at the scale of a millionth of a millimeter. Initially discovered by a Japanese scientist in 1991, various carbon nanotubes can now be produced and dissimilar carbon nanotubes may be joined together allowing them to form molecular wires with interesting electrical, magnetic, optical and mechanical properties. CNTs are tubes of carbon atoms less than a nanometer -- one billionth of a meter -- in diameter, possessing a combination of unique properties that make them highly programmable for a variety of purposes, including electron emitters for flat panel displays, a most important area of interest for Cetek.

Dubbed "nano emissive display" (NED), the technology enables manufacturers to design large flat panel displays that exceed the image quality characteristics of plasma and LCD screens at a much lower cost.

In the commercial arena, the NED approach to displays could enable low cost, flat panel wall-mounted television, greater than 50" diagonal, and just one inch deep to become a reality in the not too distant future.

Ultimately, the technology could be used for much larger displays, such as those used in billboard advertising or sporting events.

Regarding our corporate capitalization, as many shareholders are aware, the Board of Directors has authorized management to purchase back, and cancel, up to 500 million of the Company's common shares. The initiative began in the 4th quarter of 2003, and is ongoing. As stated previously, we will not be reporting on specifics of this activity until it is concluded, and no specific timeline to complete the buyback has been established. We must continue to balance the ongoing capital needs of the company against the desire to reduce the number of shares outstanding, and appreciate your understanding and patience in this regard.

In addition, we are making plans to position the Company so that its common stock can be advanced up from the pink sheet market where it currently trades. In that such a move involves both having certain financial and audit requirements met, and in obtaining SEC approval, no timetable for this objective can be made by management at this point in time.

In closing, I thank all shareholders for their continuous support, and we will endeavor to keep all shareholders informed of our efforts in developing Cetek into a significant player in its industry, as we strive to build shareholder value.

Respectfully submitted,

Fayiz Hilal
CEO and President

CETEK TECHNOLOGIES, INC. 19 Commerce St. Poughkeepsie NY 12603

NOTE: This shareholder update contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. As such, these statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of the effectiveness of management's strategies and decisions, general economic and business conditions, new or modified statutory or regulatory requirements, changing price and market conditions, etc.

--------------------------------------------------------------------------------
Contact:
Cetek Technologies, Inc., Poughkeepsie
Fayiz Hilal, 845-452-3510

quote:

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Originally posted by njs300zx:
Does anybody know when some PR is suppose to come out? Was there a sharing holding meeting this week? Hope we get some PR and some movement.

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quote:

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Originally posted by rich555:
its amazing how a stock can tank on great news. i give up

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I have held for this long and its the only pink sheet I see that gives news of solid gains on revenue plus a net profit.

Well...I am holding strong on this one.....he has not really lied about anything....just chosen the words very carefully so far, & the following DD seems to be valid:

1. Revenues still increasing
2. Buyback of 500m shares still in place
3. Still have interest in Nano Tech
4. Intent to upgrade away from Pinks (Probably OTC) - New Inititative

Another 3 months wait....or until some of the initiatives above is updated...

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GLTA

Raja

I also agree that it is stuck in a falling market and is getting pulled by the trend. I could have sworn that there was some additional ceramic production ovens that were suppose to come online soon that weren't mentioned in the write up (am I wrong on that... or did they already come online last quarter?? can't remember where I read it).

I think this company has a lot of potential for several reasons and I think this is still in the growing phases of development with production improvements yet to come when the additional production ability is realized with new ovens. CNT is a growing field (just look around at flat panel displays), fuel cells are in the distant future (5-10 years I suspect) unless gas prices keep going up in which case it could be sooner.