PRTK Profile Technologies, Inc. featured news, full reports, and detailed charts
Profile Technologies, Inc. (PRTK/PRTK.OB) Wrap Up:
Profile Technologies, Inc. provides pipeline inspection services for locating corrosion and other anomalies. The company?s EMW-C inspection process is a patented non-destructive inspection method that uses electromagnetic waves to inspect remotely buried and above ground, cased, and insulated pipelines for corrosion and other anomalies. It also offers permanent connectors that allow for re-inspection. The company provides its services to owners and operators of natural gas and oil pipelines, power plants, refineries, utilities, and other facilities, which have cased or insulated pipes. It also focuses on the research and development of new applications for its patented technology. The company was founded in 1986 and is based in Manhasset, New York.Profile Technologies, Inc. (PRTK:OTC Bulletin Board Market)
Snapshot of Profile Technologies, Inc. (PRTK)
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OPEN
$1.33
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PREVIOUS CLOSE
$1.30
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DAY HIGH
$1.35
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DAY LOW
$1.33
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52 WEEK HIGH
10/7/09 - $1.75
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52 WEEK LOW
03/3/09 - $0.88
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MARKET CAP
22.3M
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AVERAGE VOLUME 3 mo
4.1K
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DILUTED EPS TTM
$-0.13
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SHARES OUTSTANDING
16.6M
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PRTK Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
PRTK Top Compensated Officers
Executives, Board Directors
Key developments for Profile Technologies, Inc. (PRTK)
Profile Technologies Inc., Annual General Meeting, Nov 17, 2009, at 10:00 US Eastern Time. Location: McGuireWoods LLP, 1345 Avenue of the Americas, Seventh Floor, New York, NY 10105, United States. Agenda: To elect a Board of Directors consisting of five persons to serve for a term of one year (until the next annual meeting of the stockholders) or until their respective successors are elected and have been qualified; and to transact such other business as may properly come before the annual meeting and any postponement or adjournment thereof.
Profile Technologies Inc. filed its 10-K on September 28, 2009 for the period ending June 30, 2009. In this report its auditor, Peterson Sullivan PLLC, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
Profile Technologies Inc. announced that it has been awarded multiple contracts to provide cased pipeline integrity assessments at various crossings throughout the Western United States using Profile's EMW-C(TM) Inspection Method. In addition to standard one-time inspections, the contracts include the addition of permanent connectors which allow for return inspection and monitoring of the pipelines from above ground eliminating the need for inspection related excavation in the future. Repeat monitoring at these permanent locations will be performed by Profile under additional recurring service contracts. Work under these contracts is scheduled to begin in August 2009 and continue through 2012. The company anticipates that these contracts will lead to additional inspection and recurring monitoring services with these and other pipeline operators. The EMW-C(TM) Inspection Service developed by the company can be used by pipeline operators to non-destructively assess the corrosion conditions of cased pipeline sections using a patented long-range electromagnetic scanning process. Cased pipeline sections (typically found at road, rail and river crossings) present a unique challenge to otherwise standard assessment technologies. The EMW-C(TM) was specifically developed to assess cased and thermally insulated pipelines for corrosion and other conditions that may affect the integrity of those pipelines.
PRTK Competitors
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Industry Analysis
| Valuation | PRTK | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 303.5x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 306.9x |
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PRTK transactions
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| No transactions in the last 6 months. | ||
More Recent News About Profile Technologies, Inc.
More news for PRTK
PROFILE TECHNOLOGIES INC Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...Click here to read the whole Article (external link)
PROFILE TECHNOLOGIES INC Files SEC form 10-Q, Quarterly Report
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations. Forward-Looking Statements Except for the historical information presented in this document, the matters discussed in this Form 10-Q for the three months ended September 30, 2009, and specifically in the item entitled "Management's Discussion and Analysis of Financial Condition and Results of Operations," or otherwise incorporated by reference into this document, contain "forward-looking statements" (as such term is defined in the Private Securities Litigation Reform Act of 1995). These statements are identified by the use of forward-looking terminology such as "believes," "plans," "intend," "scheduled," "potential," "continue," "estimates," "hopes," "goal," "objective," expects," "may," "will," "should," or "anticipates" or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. The safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended, apply to forward-looking statements made by the Company. The reader is cautioned that no statements contained in this Form 10-Q should be construed as a guarantee or assurance of future performance or results. These forward-looking statements involve risks and uncertainties, including those identified within this Form 10-Q. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These forward-looking statements are based on current expectations, and the Company assumes no obligation to update this information. Readers are urged to carefully review and consider the various disclosures made by the Compa...Click here to read the whole Article (external link)
PROFILE TECHNOLOGIES INC Files SEC form 10-K, Annual Report
ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Overview The following Management's Discussion and Analysis ("MD&A") is intended to help the reader understand the results of operations and financial condition of Profile Technologies, Inc. The MD&A is provided as a supplement to, and should be read in conjunction with the Company's financial statements and the accompanying notes to the financial statements included in Item 8 of this Form 10-K. The Company's discussion and analysis of its financial condition and results of operations is based on its financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States. The preparation of these financial statements requires the Company to make estimates and judgments that affect the reported amounts of assets, liabilities and expenses and related disclosures. The Company reviews its estimates on an ongoing basis. EMW-C(TM) External Inspection Process The Company's core business is based on the technologies that it has developed and patented for defect inspection of pipelines using electromagnetic waves ("EMW"). Born from these technologies, the Company has researched and developed inspection methods that have become commercial or near commercial products and services. The Company currently offers a service to inspect the external surface and surroundings of cased and thermally insulated pipelines. This service is marketed by the Company as the EMW-C(TM). The EMW-C(TM) inspection process is a non-destructive corrosion inspection method patented by the Company, for long-range external assessment of cased and insulated pipelines. The technique uses electromagnetic waves to locate and identify corrosion and other anomalous conditions at distances down the length of the pipeline. This non-intrusive and non-destructive method can be perform...Click here to read the whole Article (external link)
PROFILE TECHNOLOGIES INC Files SEC form 10-Q, Quarterly Report
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations. Forward-Looking Statements Except for the historical information presented in this document, the matters discussed in this Form 10-Q for the three months ended March 31, 2009, and specifically in the items entitled "Management's Discussion and Analysis of Financial Condition and Results of Operations," or otherwise incorporated by reference into this document, contain "forward-looking statements" (as such term is defined in the Private Securities Litigation Reform Act of 1995). These statements are identified by the use of forward-looking terminology such as "believes," "plans," "intend," "scheduled," "potential," "continue," "estimates," "hopes," "goal," "objective," expects," "may," "will," "should," or "anticipates" or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. The safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended, apply to forward-looking statements made by the Company. The reader is cautioned that no statements contained in this Form 10-Q should be construed as a guarantee or assurance of future performance or results. These forward-looking statements involve risks and uncertainties, including those identified within this Form 10-Q. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These forward-looking statements are based on current expectations, and the Company assumes no obligation to update this information. Readers are urged to carefully review and consider the various disclosures made by the Company ...Click here to read the whole Article (external link)
PROFILE TECHNOLOGIES INC Files SEC form 10-Q, Quarterly Report
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations. Forward-Looking Statements Except for the historical information presented in this document, the matters discussed in this Form 10-Q for the three months ended December 31, 2008, and specifically in the items entitled "Management's Discussion and Analysis of Financial Condition and Results of Operations," or otherwise incorporated by reference into this document, contain "forward-looking statements" (as such term is defined in the Private Securities Litigation Reform Act of 1995). These statements are identified by the use of forward-looking terminology such as "believes," "plans," "intend," "scheduled," "potential," "continue," "estimates," "hopes," "goal," "objective," expects," "may," "will," "should," or "anticipates" or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. The safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended, apply to forward-looking statements made by the Company. The reader is cautioned that no statements contained in this Form 10-Q should be construed as a guarantee or assurance of future performance or results. These forward-looking statements involve risks and uncertainties, including those identified within this Form 10-Q. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These forward-looking statements are based on current expectations, and the Company assumes no obligation to update this information. Readers are urged to carefully review and consider the various disclosures made by the Compa...Click here to read the whole Article (external link)
