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Keep DTGP on radar as it has bottomed and a doji has formed on chart.Once the F.A.A. approves their lab {which is in the process of completing}they will get a lot of attention. Yahoo!My Yahoo!Mail Make Y! your home pageYahoo! SearchSearch:Sign In New User? Sign UpFinance Home -Help
Doll Technology Completes Tests on New Aviation Products Monday August 14, 1:11 pm ET
SEDRO WOOLLEY, Wash., Aug. 14 /PRNewswire-FirstCall/ -- At a recent annual Aviation Maintenance and Overhaul Conference held in Phoenix, Arizona, Doll Technology (OTC Bulletin Board: DTGP - News) presented some of its new products. One of the products, a new non-toxic aircraft paint remover was displayed. ADVERTISEMENT
The paint remover is solvent based which is safer to apply, reduces the cost of application and simplifies waste disposal. Its use will provide an environmentally friendly and cost effective solution to the Aviation Industry for paint removal. The exposure of the product at the conference along with some tests performed by the Boeing Aircraft Manufacturing Company resulted in further product enhancements, which have now been completed. It is expected that this product will have strong demand for use on new generation aircraft that have significant composite material content as it removes outer paint layers without affecting the primer coating. Approval by Aircraft Manufactures is expected later this year, which will clear the way to bringing the product to market. Aircraft paint stripping is a multi million dollar annual business.
A cleaning product which effectively removes ink from leather seat covers was also presented and received considerable attention. The cleaning of ink from aircraft leather seats is an issue in the Aviation Industry today. This product will also be brought to market later this year.
AvGrip, a corrosion protection coating was also presented. Tests have proven that it can successfully resist the aggressive hydraulic fluids used on Aircraft systems. "After months of testing we are ready to bring these products to market later this fall," said Vido Vareika, Sr. VP Business Development for Doll Technology. These products will lead the way for Doll as it strives to provide its new products to the multi million dollar Aviation Maintenance Industry.
About The Company
Doll Technology Group, Inc. was incorporated in Washington in 2002 under the name of NeoChem. In June 2005, Doll Technology reorganized under the name "Doll Technology Group, Inc." Doll Technology Group manufactures and supplies "Clean & Green" products and technology that replace more hazardous solutions in various industry applications, ranging from the manufacture and marketing of biodegradable chemicals to the development and commercialization of advanced energy and cost reducing technology.
More information about Doll Technology Group, Inc. can be found at www.dolltech.com Our principal executive offices are located at 640 W. State Route 20, Sedro-Woolley, Washington 98284, and our telephone number at this address is 360-856-1500. Contact Bruce MacCoubrey at 514-910-5446.
Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur.
-------------------------------------------------------------------------------- Source: Doll Technology Group, Inc.
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DTGP - The chart shows a clear bottom. The company is expected to gain imminent FAA approval for its flame retardant paints. Their product is in high demand and one can expect a series of contracts to follow government approval.
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ifly nice write up, i strongly agree that this is one to radar, although the chart is starting to look nice and ripe to me right about now...i am going to say this is a buy and hold at this price!
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