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you think owlstone had a change of heart on merger?
Greed..reason why the world will probably never be a really great place... unbelievable
experttrader1..... Please.. respect my wishes.. hank
GLTA.. That was my last post.. No further interest..
like i said it could be that 1 thing, but most likely it is a response to outcries abotu stock price - they will make it go up to like 2 and then floor will fall off unless that issue wiht note holders is resolved then may be we move up
interesting gamble here, place your bets
Buyers coming in now. May be the start of something good.
GLTA.. This is my last post.. No further interest..
This all depends on the performance of the Owlstone shares and the ability to secure a loan. Collecting some cheapies.
I saw that but,, the earnings were not a cash item or actual funds recieved.. They were a balance sheet adjustment and if they were actual earnings the amount due in possible taxes couls BK.. They have no funds to pay any debt due and the private value of OWLSTONE has been posted as not value enough to cover debt due..
"Our only significant asset is our shares in Owlstone and the value of those shares, based on the price recently paid by private investors in Owlstone, is less than the principal amount of the indebtedness. Furthermore, our Owlstone shares have been pledged as security for the payment of the Notes. Without a substantial increase in the value of the Owlstone shares, we deem it unlikely that a lender would be willing to lend us the funds needed to repay the Notes. Accordingly, if we are unable to negotiate an extension of the maturity of the Notes or otherwise come to terms with the holders of the Notes acceptable to the Company, we may have to seek protection from creditors under the bankruptcy laws. If so, the prospects for the Company and its stockholders will be severely limited."
from what i hear they want people to walk away from those
There has been a lot of loading up of shares lately by observing the way this has been trading.
Results of Operations For the three months ended September 30, 2010, the Company had net income from continuing operations of $0.02 cents per share, compared with net income of $0.01 cents per share for the same three month period in 2009.
Executive Commentary -- Jon Buttles, Principal Executive Officer "As we discussed in our shareholder letter on November 2, 2010, we have commenced a strategy to refinance or restructure our indebtedness and provide an ongoing business for Advance Nanotech. The initiatives we are pursuing are primarily based on and driven by the value of the Owlstone shares held by Advance Nanotech. As disclosed in the shareholder letter, Owlstone has initiated a private financing at a valuation of $0.70 per share. Based on this valuation and Advance Nanotech's holdings of approximately 14.0m shares, there is approximately $9.8m of value residing within our Owlstone holdings. We are currently in active discussions with our noteholders regarding providing a reasonable extension that allows Advance Nanotech the requisite time to monetize a portion or all of its position in Owlstone to satisfy the $7.3m of notes as set forth in the table above. Subject to the approval of our noteholders, we intend to settle our notes through some combination of 1) exchanging Owlstone shares for notes, 2) selling Owlstone shares to repay notes, or 3) refinancing our notes with fresh capital. We have received preliminary indications from certain noteholders that would prefer to exchange their notes for commensurate value of Owlstone shares. Of course, there is no assurance that such a restructuring can be completed. We have also identified and are evaluating operating businesses that may serve as the operating platform for the Company going forward, assuming we are able to complete the restructure of our indebtedness. We are working aggressively to satisfy all constituents to preserve as much value for our shareholders as possible, and are appreciative of the support we have received from shareholders and noteholders alike."
How do they get around this...???
NOTE 2 – GOING CONCERN
The accompanying unaudited condensed financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As shown in the accompanying unaudited condensed consolidated financial statements during nine months ended September 30, 2010, the Company incurred net losses attributable to common shareholders of $565,121, incurred net losses attributable to common shareholders of $30,769,771 from its inception on August 17, 2004 through September 30, 2010 and used $32,235,695 in cash for operating activities from its inception through September 30, 2010. These factors among others raise substantial doubt that the Company will be unable to continue as a going concern for a reasonable period of time.
The Company's existence is dependent upon management's ability to refinance or restructure its existing indebtedness, and/or to develop profitable operations. The Company’s principal asset is its 31.26% non-controlling stake in Owlstone. The value of the Company’s stake in Owlstone, among other factors, is directly related to Owlstone’s ability to successfully commercialize its technologies. Owlstone’s efforts are principally focused on the development of chemical sensing products using its proprietary technology and there can be no assurance that Owlstone’s efforts will be successful. The accompanying statements do not include any adjustments that might result should the Company be unable to continue as a going concern.
Our 8% senior secured convertible notes (the “Notes”) come due in December of 2010 with respect to $3,732,200 in principal amount and in 2011 with respect to an additional $3,607,500 in principal amount. We do not have the cash or other assets to repay the Notes. Our only significant asset is our shares in Owlstone and the value of those shares, based on the price recently paid by private investors in Owlstone, is less than the principal amount of the indebtedness. Furthermore, our Owlstone shares have been pledged as security for the payment of the Notes. Without a substantial increase in the value of the Owlstone shares, we deem it unlikely that a lender would be willing to lend us the funds needed to repay the Notes. Accordingly, if we are unable to negotiate an extension of the maturity of the Notes or otherwise come to terms with the holders of the Notes acceptable to the Company, we may have to seek protection from creditors under the bankruptcy laws. If so, the prospects for the Company and its stockholders will be severely limited.
Low volume drop. Not too worried. Most likely some shorts covering. There is a lot of support at this level. Anything under .01 is a gift if you can get them.
SHIT not just shit but SHIT stock at this point. unless someone is right about one thing, this is done D O N E.
So, I see shorts have FTD on this stock, and it sounds like they are selling debt which is causing the downward spiral--company itself looks good from an idea perspective. I've got this stock on watch, but need more favorable conditions before I make an entry.
News expected?...yeah months a go..of course courtesy of some third party hypster...grrr!
zagdad
I do like this chart for a bounce. Must have a decent SS just at a glance. I haven't done any DD other than I see expertrader is in the pokey, and I just got out. He likes the stock for whatever reason. I may take a closer look. Any news expected?
nice looking forward to stock going up
Advance Nanotech Q3 2010 Financial Results
3:12p ET November 16, 2010 (Market Wire)
Advance Nanotech, Inc. (OTCBB: AVNA) today reported its financial results for the quarter ended September 30, 2010. Advance Nanotech holds an approximate 31% non-controlling equity interest in Owlstone Inc. ("Owlstone"). Owlstone is a privately held company operating in the chemical detection market through the sale of proprietary products based on Owlstone's extensive portfolio of advanced sensor technologies. Advance Nanotech's financial statements reflect its current business, which represents its non-consolidated equity interest in Owlstone.
Results of Operations For the three months ended September 30, 2010, the Company had net income from continuing operations of $0.02 cents per share, compared with net income of $0.01 cents per share for the same three month period in 2009. The Company had a loss from operations of $153,099 for the third quarter ended September 30, 2010, compared to $64,936 for the comparable period in 2009. The loss from operations for the quarter was higher primarily as a result of an increase in cash and non-cash consulting fees, legal fees and related support services.
The Company had net income from continuing operations of $1,373,275 for the quarter ended September 30, 2010, compared to net income from continuing operations of $179,286 for the comparable period in 2009, representing an increase of $1,193,989 primarily attributable to the non-cash revaluation of the Company's warrant liability.
Interest expense for the three months ended September 30, 2010 and 2009 was $154,205 and $588,533, respectively, representing a decrease of $434,328 from 2009. In addition, the Company recognized a non-cash late registration cost of $-0- and $109,555 for the three months ended September 30, 2010 and 2009, respectively.
The following table summarizes the maturity dates and amounts of the Company's 8% Notes:
Holder(s) December 20, February 14, September 4, Total
2010 2011 2011
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Owlstone $1,725,750 $1,199,250 $372,500 $3,297,500
Other Noteholders $2,006,250 $1,424,750 $611,000 $4,042,200
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Total $3,732,200 $2,624,000 $983,500 $7,339,700
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Executive Commentary -- Jon Buttles, Principal Executive Officer "As we discussed in our shareholder letter on November 2, 2010, we have commenced a strategy to refinance or restructure our indebtedness and provide an ongoing business for Advance Nanotech. The initiatives we are pursuing are primarily based on and driven by the value of the Owlstone shares held by Advance Nanotech. As disclosed in the shareholder letter, Owlstone has initiated a private financing at a valuation of $0.70 per share. Based on this valuation and Advance Nanotech's holdings of approximately 14.0m shares, there is approximately $9.8m of value residing within our Owlstone holdings. We are currently in active discussions with our noteholders regarding providing a reasonable extension that allows Advance Nanotech the requisite time to monetize a portion or all of its position in Owlstone to satisfy the $7.3m of notes as set forth in the table above. Subject to the approval of our noteholders, we intend to settle our notes through some combination of 1) exchanging Owlstone shares for notes, 2) selling Owlstone shares to repay notes, or 3) refinancing our notes with fresh capital. We have received preliminary indications from certain noteholders that would prefer to exchange their notes for commensurate value of Owlstone shares. Of course, there is no assurance that such a restructuring can be completed. We have also identified and are evaluating operating businesses that may serve as the operating platform for the Company going forward, assuming we are able to complete the restructure of our indebtedness. We are working aggressively to satisfy all constituents to preserve as much value for our shareholders as possible, and are appreciative of the support we have received from shareholders and noteholders alike."
About Advance Nanotech, Inc. and Owlstone Inc.
Advance Nanotech, Inc. owns a minority position in Owlstone Inc. ("Owlstone"). Owlstone is a pioneer in the commercialization of chemical detection products. The Owlstone detector is a revolutionary dime-sized sensor that can be programmed to detect a wide range of chemical agents that may be present in extremely small quantities. Using leading-edge micro- and nano-fabrication techniques, Owlstone has created a complete chemical detection sensor that is significantly smaller and can be produced more cost effectively than products using existing technology. There are numerous applications -- across industries from security and defense to industrial process, air quality control and healthcare -- that depend on the rapid, accurate detection and measurement of chemical compounds. Owlstone works with market leaders within these industries to integrate the detector into next generation chemical sensing products and solutions. Owlstone's technology offers a unique combination of benefits, including small size, low manufacturing costs, minimal power consumption, reduced false-positives, and a customizable platform. For more information about Advance Nanotech, Inc. please visit www.advancenanotech.com. For more information about Owlstone, please visit www.owlstoneinc.com. Follow Advance Nanotech on Twitter: www.twitter.com/AVNA_IR.
The information contained in this news release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors, including general economic conditions, spending levels, market acceptance of product lines, the recent economic slowdown affecting technology companies, the future success of scientific studies, ability to successfully develop products, rapid technological change, changes in demand for future products, legislative, regulatory and competitive developments, the Company's ability to secure additional working capital and/or generate sufficient cash flow to support its operations, and other factors could cause actual results to differ materially from the Company's expectations. Advance Nanotech's Annual Report on Form 10-K, recent and forthcoming Quarterly Reports on Form 10-Q, recent Current Reports and other SEC filings discuss some of the important risk factors that may affect Advance Nanotech's business, results of operations and financial condition. The Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
For more information, contact:
Investor Relations
(212) 583-0080
ir@advancenanotech.com
SOURCE: Advance Nanotech, Inc.
mailto:ir@advancenanotech.com
new bottoms.... interesting what this will lead to. they dont need any more people running for the door... step it up
So do you think they can pull it off?
If they get anything less than full value for Owlstone (and I would not be surprised to learn that is their scheme).. there will be some fat legal matters on the table.
I see the stock price. Whats the good news?
Did you see the latest news to shareholders? This could turn out great if they can set off the debt and own more Owlstone shares.
Owlstone Issues Third Quarter 2010 Shareholder Update9:38a ET October 28, 2010 (Market Wire)
Advance Nanotech, Inc. (OTCBB: AVNA) is pleased to present Owlstone's quarterly shareholder update for the third quarter of 2010. A copy of the 10 page report can be found through Advance Nanotech's website at www.advancenanotech.com/quarterlyreport.html.
Owlstone's Q3 shareholder report provides a detailed review of Owlstone's three newly formed business segments: Owlstone Defense, Owlstone Industrial, and Owlstone Scientific. The report also includes a letter from Owlstone's chief executive with his perspective on Owlstone's progress.
"We continue to be impressed with Owlstone's achievements across its business segments as reported in Owlstone's Q3 shareholder report," remarked Jon Buttles, Principal Executive Officer of Advance Nanotech, Inc. "We are pleased to see continued progress in the defense segment, with the renewal of a relationship with Owlstone's military partner, and successful live tests by government agencies on Owlstone's miniaturized chemical detector (MCD) that demonstrated unmatched levels of selectivity. Most notably, in the scientific segment, Owlstone expects to have product sales in 2011 through a contract with a leading mass spectrometer manufacturer, providing one of the first demonstrations of commercial acceptance of Owlstone's technology in a potential large scale deployment. As in prior quarters, we urge all shareholders of Advance Nanotech to thoroughly review the Owlstone Q3 report."
A copy of the report is available upon request or through Advance Nanotech's website at www.advancenanotech.com/quarterlyreport.html. If you would like to order a copy of the Advance Nanotech investor relations packet, including a physical copy of the Owlstone shareholder report, please contact Advance Nanotech investor relations at (212) 583-0080 or send an email to ir@advancenanotech.com.
About Advance Nanotech, Inc. and Owlstone, Inc.
Advance Nanotech, Inc. owns a minority position in Owlstone, Inc. ("Owlstone"). Owlstone is a pioneer in the commercialization of chemical detection products. The Owlstone detector is a revolutionary dime-sized sensor that can be programmed to detect a wide range of chemical agents that may be present in extremely small quantities. Using leading-edge micro- and nano-fabrication techniques, Owlstone has created a complete chemical detection sensor that is significantly smaller and can be produced more cost effectively than products using existing technology. There are numerous applications -- across industries from security and defense to industrial process, air quality control and healthcare -- that depend on the rapid, accurate detection and measurement of chemical compounds. Owlstone works with market leaders within these industries to integrate the detector into next generation chemical sensing products and solutions. Owlstone's technology offers a unique combination of benefits, including small size, low manufacturing costs, minimal power consumption, reduced false-positives, and a customizable platform. For more information about Advance Nanotech, Inc. please visit www.advancenanotech.com. For more information about Owlstone, please visit www.owlstoneinc.com. Follow Advance Nanotech on Twitter: www.twitter.com/AVNA_IR.
The information contained in this news release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors, including general economic conditions, spending levels, market acceptance of product lines, the recent economic slowdown affecting technology companies, the future success of scientific studies, ability to successfully develop products, rapid technological change, changes in demand for future products, legislative, regulatory and competitive developments, the Company's ability to secure additional working capital and/or generate sufficient cash flow to support its operations, and other factors could cause actual results to differ materially from the Company's expectations. Advance Nanotech's Annual Report on Form 10-K, recent and forthcoming Quarterly Reports on Form 10-Q, recent Current Reports and other SEC filings discuss some of the important risk factors that may affect Advance Nanotech's business, results of operations and financial condition. The Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
For more information, contact:
Investor Relations
(212) 583-0080
ir@advancenanotech.com
SOURCE: Advance Nanotech, Inc.
mailto:ir@advancenanotech.com
you can either expect massive publicity on the stock soon, a reverse split, or the continual drop of the share price. this thing doesn't belong on the bulletin boards, it is drown out by the noise made by all the others. they need to uplist BADLY
Hi all, I am a newbie here, doing some research for investing, and came across this little gem of a company...going to give it a shot! Winning the Cambridge Phenomenon Award 2010 is big news for a startup...
i'm thinking one day this will take off. one day....
Wow, what a waste of money. it's your cash to spend but it sounds like you have the control of a 15 yr old girl.
Thanks, I had 140 followers on SeekingAlpha but now deleted it and started new blog, people were jelous seeing my pics like buying a gold Rolex Daytona, Mercedes (I got 4 good cars), and once I posted there my monthly credit card bill with 30,000EUR spending on luxuries, holding tens of thousands of euros in my hand while buying clothes for my girlfriend and getting VIP treatment in the upper shopping floors with top brands, I love spending money, 50,000 euros a month is a normal monthly bill.
I got all the toys that show my status , on SA I posted blogs for about 200 stocks from my portfolio, right now I hold over 240 stocks in a long/short equity strategy. My biggest position is short Dow futures from 11,000 which I roll over, leverage is 400% that's why my equity holdings don't have any significant impact on my account, once I buy a stock I never sell it. My horizon is 20 years, once profits will start coming from 11,000 Dow short I will reinvest it into equities again. Once I buy some stock I never buy it again, I buy another stock instead. Here I will post only my new positions.
AVNA stock doesn't look bad, they have sold all their other ventures to focus solely on Owlstone and to repay debt, they havn't filed any financial reports since December 2009 but now they are in a better position than before because they have sold assets to repay debt. Also I see that they have new office and more business. The only worry is when they will start to issue new shares, already from 2005 they issued 38,000,000 shares but all other metrics are very, very bullish. Owlstone R&D costed about $29,000,000 but in return we hold now shares of a company with superior quality products that are ready to market.
Government orders will keep coming so is private sector, even their jumbo competitors buy from them. They integrated all their assets into Owlstone a crown jewel and I believe in their future, this stock will impress when market will depress, they have no correlation to any stock index and in a bear market coming soon their business will improve. That's why I would advise buying AVNA slowly from $0.04 to accumulate shares at current prices which as well might go lower in case they issue new shares, total authorized shares are 200,000,000 and they will have to use it to raise money to continue their growth, this can press the stock down and anybody who likes AVNA can accumulate at lower prices.
If I had to guess the market cap in 10 years, I think $10,000,000 minimum and more, it all depends how much market they will get, how much they will start selling. Look at their current customers, it alone can be worth $10M in few years but if they sell more then stock can be worth even $50M in 10 years, it offers safety in a bear market, this is long term bet, it makes no sense to me to trade it at this valuation, from many stocks on this website AVNA is a platinum. $3M is very cheap no matter how bearish you are, besides what is better to buy: $3M or at $30M, I think it's better to buy for $3M, but as I said instead of hurry, accumulate slowly in case they issue new equity which can happen, then you can buy more for less $.
Nice, thanks...now if we could only get some readers and loosen up their wallets!
zagdad
Nice write-up. This has been stickied for new investors. Person mark #2 for you.
I posted this on my blog for new potential investors who can have it for 60% less than me, I hope they will love it
Advance Nanotech, Inc., through its 35% equity interest in Owlstone Nanotech Inc., engages in the commercialization of chemical sensor products based on its proprietary gas sensing technology in the United States. The company markets Lonestar, a chemical sensing product. Lonestar is a functional unit for certain applications in industrial markets, as well as a test platform for partners providing an integrated and deployable chemical detection system. It also offers OVG-4, a system for generating trace concentration levels of chemicals and calibration gas standards for the purpose of testing and calibrating sensor systems in laboratory and field deployment; ADS, an ion mobility device that can identify both type and concentration of target gases; and FAIMS mass spectrometer interface, which provides the opportunity for users to integrate Owlstone's core microchip sensor with existing mass spectrometers. During the year ended December 31, 2009, the Company dissolved inactive subsidiaries, which included Advance Nanotech Limited, Nanofed Limited, Cambridge Nanotechnology Limited, Bio-Nano Sensium Limited, Nano Solutions Limited, Advance Display Technologies plc, Advance Homeland Security plc and Advance Nanotech (Singapore) Pte Ltd. The company was founded in 2004 and is headquartered in Montebello, New York.
You have just read the information that exploded your brain but it's only the beginning. Once you see their technology, patents, products, customers I promise you will buy the stock sooner or later, it doesn't depend on me anymore. You will be obsessed with (AVNA.OB), you will be drunk, dreaming because you have a chance to understand that this is the case where dream is a new reality.
You are not alone, there are over 2,550 shareholders in AVNA and considering this is $3,000,000 market cap stock it's amazing!
For example (IBM) have got 584,000 shareholders but their market cap is $170,000,000,000 or they are 56,666 times bigger than AVNA.
In this comparison Advance Nanotech Inc. would have 145,000,000 shareholders or to blow up your imagination further it's the population of Russia.
This is how popular is AVNA in investors world, again, compared to it's size.
Now let's see the Owlstone phenomenon:
The Owlstone detector is a revolutionary dime-sized device that can be programmed to detect a wide range of chemical agents that may be present in extremely small quantities. Using leading-edge micro- and nano- fabrication techniques, Owlstone has created a complete chemical detection system that is one hundred times smaller and one thousand times cheaper than existing technology's. There are numerous applications - across industries from security and defense to automotive and healthcare - that depend on the rapid, accurate detection and measurement of chemical compounds.
Owlstone works with market leaders within these applications to integrate its detector into next generation chemical sensing products and solutions. Owlstone's technology offers a unique combination of benefits, including: small size, low manufacturing costs, minimal power consumption, reduced false-positives, and a customizable platform.
At the heart of this platform is a ground-breaking solid state sensor whose operational parameters can be fine-tuned to detect a wide range of airborne or dissolved chemical agents in extremely small quantities. Originally developed by the company's founders at the University of Cambridge, these pioneering technologies have already won Owlstone widespread commercial and academic recognition. Owlstone has now moved into its new 10,000 sq/feet facility on the Cambridge Science Park.
Customers & Partners:
Agilent Technologies, Genzyme, BAE Systems, Shell Global Solutions, Crowcon Ltd (gas detection instruments http://www.crowcon.com/ ), Pacific Northwest National Laboratory, The University of Nottingham, Loughborough University, U.S. Army Edgewood Chemical Biological Center, U.S. Department of Defense, SELEX Galileo (Finmeccanica company http://www.selexgalileo.com/SelexGalileo/EN/Corporate/About_Us/index.sdo ), U.S. Air Force, Kidde (UTC Fire & Security brand a United Technologies company http://www.utcfireandsecurity.com/utcfs/Templates/Pages/Template-85/1,11711,pageId=17146&siteId=70,00.html ), Defense Science & Technology Laboratory (Ministry of Defense U.K. agency), National Science Foundation, Inscentinel Ltd.( biotechnology company specialising in harnessing the olfactory ability of insects for trace vapour detection http://www.inscentinel.com/index.html ), IEE S.A. (never heard of this Luxembourg sensing technology company with 1,400 employees? I did http://www.iee.lu/about-us ), Alphasense Ltd. (gas sensor technology http://www.alphasense.com/ ).
Resume: You will make it yourself, I am already obsessed with (AVNA.OB) stock.
Link: http://www.owlstonenanotech.com/site.php
http://www.security-messe.de/index.php?lang=en&content=000000000
Thanks, 17 is my favorite number, and I am looking for AVNA to hit .17
I agree. These prices are very undervalued. Person Mark #17 for you
I am buying. I like these prices.
Ask is coming down... not a good sign imo. i don't want to buy anymore, but i don't know if i'll have a choice....
Agree. Looking very good here.
Looking great, go baby go.
My baby is stirring... :) i may get out with a profit yet!
That was a large buy... :) someone trying to accumulate some shares here?
OK, I will make some noise. AVNA appears to be baseline trading setting up a launch pad for a future blast into orbit. We are now at the latest insider purchase price. Shares are held by institutions... rare for penny stocks. Holding and adding.
yes...its deafening!! I gotta quit listening to those cockroaches at my local gas station! Their killing me!
zagdad
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ADVANCE NANOTECH, INC
As of September 30, 2009
...
ADVANCE NANOTECH, Inc. ... ( AVNA ) ....... http://www.advancenanotech.com
Advance Nanotech commercializes nanotechnology products across a range of industries including homeland security, display technology and medical devices. We identify patented, patent-pending and proprietary technologies at leading universities and fund the additional development of such technologies in exchange for the exclusive rights to commercialize any resulting products. By partnering with universities and leveraging the infrastructure and multi-disciplinary human resources of our university partners, we reduce our cost base and mitigate risk. After prototypes are proven within the lab and we develop a product roadmap and business plan, we form majority owned subsidiaries around the specific technology. We seek to return value to our shareholders through the sale or licensing of the technology, by securing additional financing for the subsidiary from the capital markets, or by successfully executing our business plan and consolidating income as majority shareholder.
Advance Nanotech is dedicated to the successful commercialization of disruptive nanotechnologies. Our goal is to rapidly build businesses that transform academic nanotechnology platforms into nano-enabled products. We provide financing and support services including commercialization guidance, project and infrastructure management, leadership assets and counsel on intellectual property, licensing and regulatory issues to ensure maximum market potential.
Our diversified portfolio of twenty-six nanotechnologies, in which we hold a majority position in over twenty, impact a range of applications, including, but not limited to, sensors, medical therapeutics and composites. We are forging our partnerships with leading manufacturers and universities in Europe, Asia and North America to transform innovative nanotechnology concepts into practical solutions.
Owlstone Nanotech, Inc. ... ( OWLN ) ....... http://www.owlstonenanotech.com
Owlstone Nanotech is the leading subsidiary within the Advance Nanotech Homeland Security Division. Following the announcement on August 14, 2006, Advance Nanotech's new Homeland Security Division includes thirteen related nanotechnologies providing solutions across two application areas: CBRNE Detection (Chemical, Biological, Radiation, Nuclear and Explosive), and Wireless Monitoring for cognitive awareness, triage and first response therapy. According to Fredonia, the market opportunity for chemical sensing in the United States alone is worth $5.4 billion. The division launched its first product earlier this year and has a customer base across the defense and industrial process control industries.
Owlstone Nanotech is a pioneer in the commercialization of nanotechnology-based chemical detection products. Its initial commercial product is a revolutionary microchip spectrometer that can be programmed to detect a wide range of chemical agents that may be present in extremely small quantities. There are numerous applications -- across industries from security and defense to automotive and healthcare -- that depend on the rapid, accurate detection and measurement of chemical compounds. Owlstone works with market leaders within these applications to integrate the detector into next generation chemical sensing products and solutions. Owlstone's technology offers a unique combination of benefits, including small size, low manufacturing costs, minimal power consumption, reduced false-positives, and a customizable platform.
Nanotechnology, like other branches of science, is mainly concerned with understanding nature and how it works. Nature has the ability to design energy efficient systems that are reliable and accurate without producing any waste. We are all still learning and by sharing and exchanging our knowledge and ideas we might be able to speed up this process.
It is with this goal in mind that Advance Nanotech has created Today in Nanotech, a forum where scientists, industrialists and entrepreneurs can come together and discuss current research projects, ideas and achievements in nanotechnology. Perhaps by working together we can further the development of nanotechnology so that one day we may replicate, at least part of, what nature accomplishes with such ease.
NEWS ..................... http://finance.yahoo.com/q?s=AVNA.OB
SEC FILINGS .......... http://www.pinksheets.com/quote/filings.jsp?symbol=avna
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AVNA Site Set for 800 X 600 Pixel Display for fast easy reading .......
Display main screen .. right click open space .. click properties .. click setting .......
**RULES .... Unbiased Board .... Freedom of Expression helping Investors make Decisions ....
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