In 2009-2011, the Levine Family originated for Atlas the opportunity to provide an automated parking system to a $5 billion asset value NYSE listed REIT. The resulting order for a 228 parking space garage provided Atlas with considerable revenues and profits. The automated parking market in the United States since then has grown considerably. Automated parking providers include: www.Unitronics.com, www.Sotefin.com, www.woehr.de/en/ and www.stopa.com/en. Atlas could bid on new work in this market.
The Levine Family previously introduced a pallet supplier in need of new manufacturing sources. The pallets increase the efficiency of shipping liquid consumer products by truck and rail. This pallet provider recently provided updated pallet drawings and production requirements. A picture of one of the three main pallets is above.
For detailed reasons we can discuss with PTC Shareholders, we believe the market for prefabricated multi-family housing in the United States is growing. Some prefabricated projects include previously used trans-oceanic and trans-national shipping containers. If it wanted to, Atlas could bid on numerous projects
We seek for PTC to invest in designing high-margin products which can be predictably and consistently sold. Some but not all of our ideas are presented here. Please call us for more details.
We seek one or a number of ways to extract value for PTC shareholders within a short period of time. As a small start, the PTC Board should begin to declare and pay quarterly dividends. We are still waiting to hear from the controlling directors whether PTC will declare and pay a dividend for the quarter ended September 30, 2017.
We have embarked on a process intensively focused on seeking to increase the value of your and our PTC shares. A number of PTC Shareholders have asked to join a working group focused on changing the direction of PTC with the support (or not) of the directors currently in control of the PTC board. Please contact us if you wish to join the PTC Shareholder working group.
Note: The above may include predictions or other information that might be considered forward-looking. While these statements represent our current judgments on what the future may hold, these are subject to risks and uncertainties and actual future results could differ materially. You are cautioned to not unduly rely on forward-looking statements, which reflect our opinions only as of today's date. While we will make reasonable efforts to do so, please keep in mind we are not obligating ourselves to revise or publicly release revisions to these forward-looking statements due to new information or future events
There are many videos on automated parking which are available on the Internet. This video shows the parking system designed by the Valli Family of Sotefin SA (based in Lugano, Switzerland) which the Levine Family originated for Atlas to help build and install in Philadelphia in 2009-2010.
We have been showing this video, originally published by British Pathe, for many years. Automated parking is not new. Some of the first sites were in America, and one of the earliest U.S. sites was in Chicago.
This is another video of an older automated parking system installation, in this case in Washington DC during the 1950s. We believe automated parking is an established and growing market and one which PTC should pursue seriously.