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The dawn of self-driving companiesDec 21 2018
California Cops Figured Out How to Stop a Tesla in Autopilot While the Driver Slept Behind the WheelDec 19 2018
Plastic Man Coming to the Big Screen; Were Betting He's Made of ElectriPlast!Dec 18 2018
And were betting in real life he is none other than our own;
Slobodan (“Bob”) Pavlovic
Rivian Debuts R1S Electric SUV: Seats 7, Packs 180-kWh BatteryDec 17 2018
Integral Issues 8K Regarding Integral Technologies AsiaDec 14 2018
Integral Issues 8K Regarding Integral Technologies Asia
Today we filed an 8-k, in regards to Integral Technologies Asia, our wholly owned subsidiary in S. Korea. With the signing of the PolyOne license agreement, we no longer have the need for a corporate office in region. Our licensees, PolyOne Corp and Hanwha Advance Materials, are two of the largest advanced materials companies globally and both have a tremendous presence in Asia. They are more than capable to market, sell and distribute our products in the Asia region. The winding down of our Asia office will result in the removal of over $900,000 of debt from our balance sheet and it will also account for over a $250,000 reduction in annual operating costs. As outlined in our recent CEO letter, this is part of our corporate strategy to align our operation and infrastructure with our current business model of generating reoccurring licensing revenue.
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