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......................... Opinion By Sunspotter..............
About NaturalNano, Inc.
It's a scam!
Well, maybe that's a slight exaggeration, but I can't help but think Dante had Natural Nano in mind when he penned this line, "Abandon hope all ye who enter here" in his immortal work, The Inferno.
Maybe Natural Nano's founder, Mr. Michael Weiner, can tell us whether the gates to Hell really have that inscription when he gets there, which he most assuredly will one day (although I gather he's made a good recovery from his expensive back surgery and is back at the helm of his shiny new yacht).
NaturalNano Inc. is based in Rochester, New York and was founded in 2004 to discover, refine, and commercialize naturally occurring nanoscale materials.
At least that's what they tell us, but it must be said they haven't done a particularly good job of it so far.
But hope springs eternal. At least it does for some folk, but as Upton Sinclair would have it:
"It is difficult to get a man to understand something when his salary depends upon his not understanding it."
NaturalNano, Inc. (OTCBB:NNAN) (Frankfurt:N3N) claims to be a materials science company focused on developing and commercializing advanced nanocomposites. The Company claims to be focused on additive technologies and processes, including their proprietary Pleximer that they claim adds value to industrial polymers, plastics and composites. NaturalNano holds and licenses 24 patents and applications, as well as proprietary know-how for extraction and separation processes, compositions, and derivatives of Halloysite. www.naturalnano.com
CONTACT: NaturalNano, Inc.
Link to info filing about management team: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7548169
Link to head office: www.pittsfordofficespace.com/About-Pittsford-Office-Space.html
Latest news: Another "fluff" PR:
Wemett writes an article and gets it published in "Nail Polish News" (or similar), the must-read journal for European manicurists everywhere.
Natural Nano "borrows" $50,000 from financiers Longview and Platinum - both of whom are tied to the sam incubator that started Natural Nano and Biophan (BIPH), Technology Innovations LLC.
"On January 23, 2011, NaturalNano, Inc. ("NNAN"), together with its subsidiary, NaturalNano Research, Inc. (collectively, the "Company") borrowed $5,000 from Platinum Long Term Growth IV, LLC and $15,000 from Longview Special Finance Inc. Interest accrues at the rate of 3% per annum and the outstanding balance and accrued interest are due on June 30, 2011. "
Founded in 2004 in Rochester, New York, NaturalNano, Inc. develops unique and proprietary processes for refining naturally occurring nanotubes and other nanomaterials that add competitive properties to a range of applications.
The Company's near-term goal is to make commercial quantities of high-quality naturally occurring nanotubes -- along with licenses based on the Company's proprietary technologies -- available for a wide variety of uses. We have identified multiple applications including applications in engineered plastics and polymers, electronic components, cosmetics and other personal care products.
Patents have been filed covering numerous commercial applications, and additional patents are pending for processing and classification technologies being developed by NaturalNano that are related to the nanotubes found in halloysite clay.
Polymeric Adhesive Including Nanoparticle Filler
Polymeric composite including nanoparticle filler
Hydrogen storage apparatus comprised of halloysite
Ultracapacitors comprised of Mineral Microtubules
Nanocomposite master batch composition and method of manufacture
Products & Technologies
NaturalNano is a nanomaterials company that develops and markets proprietary technologies and products that provide novel properties to a variety of materials such as industrial polymers, plastics and composites. The Company has twenty liceensed, issued or pending patents and the expertise for extracting and separating clay Halloysite Nanotubes (HNTTM).
Composites are used in automotive, aerospace, transportation, building, electronics and performance sporting goods to name just a few product sectors. The polymer composite market is a forty plus billion dollar international marketplace. Nanocomposites are the fastest growing segment within the polymer composites market. The nanocomposites market is estimated to double in size by 2010; nanoclays will represent 50 percent of the market. NaturalNano believes that this market could be much bigger, but cost and quality issues are hurdles delaying a nanocomposite revolution. Today, nanomaterials are being used to replace conventional composite fillers. Fillers are used to reduce weight, increase strength, improve machine runnability, increase water and chemical resistance as well as improve film integrity.
NaturalNano's product, PleximerTM , is a turnkey HNT polymer concentrate, in pellet form, that can be added directly into a polymer extruder. Pleximer is formulated using NaturalNano's patent-pending process that offers superior performance properties.
Future market opportunities lie in many industries including cosmetics, agriculture, detergents, and pharmaceuticals.
Future Market Opportunities
According to market analysts, clay-based nanocomposites will represent 47 percent of the market for plastics nanocomposites by the year 2010. NaturalNano has identified five specific sectors of this fast-growing market that it plans to focus on in the coming year: automotive (lighter parts to allow for increased transportation loads), military (make vehicles lighter, so they will be cheaper to transport), packaging (stronger or thinner, e.g., storage bags, food packaging), aerospace, and electronics. Future opportunities lie in the ability to fill halloysite nanotubes with active ingredients, such as fragrances, colorants, antioxidants, biocides, antifungal agents, pesticides, dyes, UV protectants, additives for cosmetics, and medical and pharmaceutical device additives and coatings. The nanotube structure also makes possible extended release over long periods of time and under harsh conditions.
Scientific Advisory Board
David J. Arthur
Mr. Arthur has more than 25 years experience commercializing products utilizing advanced materials, working at Rogers Corporation, AT Cross Company, TPI Composites, Helix Technology Corporation and Eikos, Inc. He is co-founder of Chasm Technologies, Inc., a consulting firm that specializes in helping start-up companies commercialize nanotechnology. He is also CEO of SouthWest NanoTechnologies, Inc., a manufacturer of single wall carbon nanotubes. Mr. Arthur has a BS in Chemical Engineering from Tufts University, a MS in Chemical Engineering from the University of Connecticut, and an MBA from Northeastern University. He is a member of American Institute of Chemical Engineers, Materials Research Society, Society for the Advancement of Material and Process Engineering, and Society for Information Display. Mr. Arthur is an inventor on more than 25 patents.
Robert Corkery, Ph.D.
YKI, Ytkemiska Institute AB-Institute for Surface Chemistry, Stockholm, Sweden
Dr. Corkery is globally recognized as a key physical chemistry and materials science problem solver. He has been granted patents in nanozeolite chemical technology and porous materials technology with four patents pending in materials science technology. Dr. Corkery is the Area Manager for Nanostructured Materials at the YKI, Institute for Surface Chemistry in Stockholm, Sweden, one of the leading surface chemistry institutes in the world. Dr. Corkery’s research is aimed at technical understanding and breakthrough, new materials discovery and industrial innovation in the areas of nano- and bio-nanotechnologies. He was formerly a research scientist with The Procter & Gamble Company and was leader of the company’s corporate colloid laboratory. He was responsible for developing nanostructure, biomembrane and complex fluid technologies. Dr. Corkery received his Bachelor of Science degree in Geology and Geophysics from the Australian National University as well as his Ph.D. in Physical and Materials Science where he was devoted entirely to nanotech and included extensive experimental and theoretical work on nanostructured clays, including halloysite. Dr. Corkery carried out postdoctoral research at the Australian National University as well as at the University of Lund in Sweden.
John R. Hickman
Plastech Consulting, Inc.
John R. Hickman is founder, president and chief executive officer of Ohio-based Plastech Consulting, Inc. (PCI). Founded in 1988, PCI is a full service productivity-based engineering firm providing state-of-the-art solutions to the challenges of today’s plastic products. Mr. Hickman has over 34 years in the polymer industry in management, engineering, and consultation. He has held key engineering and management positions with Weatherchem Corporation, Scott & Fetzer, Carlisle and ITT before founding PCI. Mr. Hickman has over 30 trade secrets and four polymer component patents currently in practice, with several pending. He has been involved in multiple turn-around situations, most involving polymer-based companies. One such company under his management, Weatherchem Corporation, was recognized by Case Western Reserve University’s Weatherhead School of Management as being one of the 100 fastest growing companies in Northeast Ohio. Mr. Hickman has significant hands-on experience with nanocomposites, productivity programs, product design/development, concurrent engineering, team building, labor partnerships, engineering value assessments, market analysis, management evaluations and advanced manufacturing and total business evaluations. Mr. Hickman has a background in chemical engineering from Ohio State University and an MBA from Case Western Reserve University, with management courses beyond the Master's program. A significant portion of Mr. Hickman's experience in the polymer industry was obtained on the manufacturing floor, directing a problem-solving environment. In addition, Mr. Hickman completed several assignments as an executive advisor to students in the nationally recognized MBA program at Case Western and served as the Co-Chairman of the Technology Committee on the PolymerOhio, Inc. board; currently a trustee on the board. Mr. Hickman participates on various boards of directors for privately held companies and teaches several plastic-related courses for the Akron Polymer Training Center as well as other clients. Recently, the Akron Section of the Society of Plastics Engineers inducted Mr. Hickman into the Plastics Hall of Honor located at the University of Akron.
Sir Harold W. Kroto, Ph.D.
Professor Sir Harold W. Kroto was a co-recipient of the 1996 Nobel Prize in Chemistry, and the Francis Eppes Professor of Chemistry at Florida State University. Dr. Kroto was born in England and received his BSc and PhD degrees from the University of Sheffield in 1964. He joined the faculty of the University of Sussex in 1967 and became a professor of chemistry there in 1985. Along with Dr. Richard Smalley and Dr. Robert Curl, Dr. Kroto received the Nobel Prize for Chemistry based on their co-discovery of buckminsterfullerene, a form of pure carbon better known as "buckyballs." The extraordinary molecule consists of 60 carbon atoms arranged as a spheroid, in a pattern exactly matching the stitching on soccer balls. The geodesic domes designed by the late inventor/architect Buckminster Fuller were a clue to the likely structure at the time the molecule was discovered and so Kroto called it "buckminsterfullerene." The discovery of the “Fullerenes” as this class of hollow carbon cage compounds is now called, opened up an entirely new branch of chemistry. An ardent advocate for science education, Kroto devotes part of his time and energy to promoting careers in science among young people. Through a new GEO (Global Educational Outreach) Internet broadcasting initiative at FSU and the Vega Trust website, which Dr. Kroto founded, he is creating effective new broadcast platforms for the science, engineering and technology (SET) communities, to communicate directly on all aspects of their fields of expertise using the powerful new Internet and TV opportunities.
NNAN General Super Plating Acquisition Website http://www.4gsp.com/