Monday, January 4, 2010

First Big Pick of 2010: PTCK!!!

PTCK (Pro-Tech Industries) is our first big pick of 2010! PTCK has big momentum as we start into 2010! The company announced receiving additional new contracts both in November and December of 2009. We believe PTCK has big upside potential early in 2010!

Pro-Tech Industries

Symbol: PTCK

Current Price: $0.91

Snapshot - "PTCK is a company that began to gain a noticeable amount of momentum late in 2009. PTCK announced contract news both in November and December. In November, PTCK announced receiving approximately $1.6 million in additional new contracts for their fire protection, electrical and flooring business units. In December, PTCK announced receiving additional new contracts totaling approximately $1.1 million for their fire protection and flooring business units. This is great contract business for PTCK into 2010! It shows PTCK can generate major business! On 12/14, PTCK opened at $0.90 and within three trading days reached $1.28, a 42% move! We believe PTCK is ready to move again as we started to see PTCK begin to reverse in its last trading session!"

PTCK operates through their two wholly owned subsidiaries, (1) Pro-Tech Fire Protection Systems Corp. and (2) Conesco, Inc.

PTCK provides design-build services in the infrastructure segments of Fire Protection, Alarm and Detection, Telecommunications, Network Services, Flooring and Electrical Contracting. These services are provided to the Commercial/Industrial Sector, Fortune 1000 companies, and Federal, State, and Local government.

PTCK announced on November 19th, that Pro-Tech Fire Protection Systems Corp. and Conesco, Inc., wholly owned subsidiaries of Pro-Tech Industries, Inc. have received additional new contracts totaling an aggregate of approximately $1.6 million for their fire protection, electrical and flooring business units.

PTCK also announced that backlog grew to approximately $10 million!

The CEO of PTCK's Pro-Tech Fire Protection Systems Corp. subsidiary, remarked that "as we continue to execute our business plan, we are being rewarded with opportunities that will sustain our growth in future fiscal periods. We are building off the strong foundation laid with the contracts won in the last few months, giving the company a backlog of approximately $10 million, and we expect to continue to increase that backlog throughout 2010."

The new projects are located in Sacramento, San Diego, Las Vegas, NV offices as well as Cannon Air Force Base in New Mexico. Management anticipates, but cannot provide assurances, that revenues from these projects will be realized commencing in the 4th quarter 2009 and will be primarily realized by the end of the second quarter of 2010.

On December 17th, PTCK announced receiving approximately $1.1 million in additional contracts for 2010 for their fire protection and flooring business units as well as a 1 year contract with UC Davis.

PTCK's Telecommunications division announced that it has received an award to provide "Professional Network and/or Telecommunication Installation, Integration and Repair Support" to the University of California Davis.

The initial contract award is for 1 year with renewal options up to 4 additional one-year periods. The base contract term began November 1st, 2009 through October 30th, 2010.

The new projects from these additional contracts are located in Sacramento and San Diego, CA offices. Management anticipates, but cannot provide assurances, that revenues from these projects will be realized commencing in the 1st quarter 2010 and will be primarily realized by the end of the fourth quarter of 2010.

PTCK is on a roll as we start into 2010! Right now, PTCK is at what we believe to be a great entry level. PTCK traded as high as $3.50+ in June of last year.

We believe PTCK has big upside potential early in 2010!

PTCK is trading at less than a $20 million market cap with

Keep up to date on PTCK within our Stock Hub and this Stock Newsletter!

Take the time to check out PTCK's Web site at www.pro-techind.com for more information!

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