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Crailar made Juancy a bundle of munny, just like Amfil nd Mirge are going to do. He is a smart pennyvestor that way.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=86477005
Awsome I had bought some of this stock. Are they going to relist under the same ticker
I met the investors who bought the IP. They are trying to develop it themselves after the company failed and they lost their investment.
CRLRQ registration revoked:
https://www.sec.gov/litigation/opinions/2019/34-86172.pdf
CRLRQ SEC Admin. Proceeding for severely delinquent Financials/Filings: (*note: no Suspension)
https://www.sec.gov/litigation/admin/2018/34-84086.pdf
Thanks for that info bro.
Yup..I guess OTC is allowing this shell to trade. This company is now private under a similar name, yet it is still listed. Congrats, I guess.
Got a partial fill at .0001 and sold at .001 10 minutes later. Easy money
I took a major loss that I will be carrying over for quite a few years in my income taxes. I started investing in Crailar back in 2011 and late last year was the time I chose to bite the bullet.
I am still 'holding' from all kinds of buys in 2012, 2013, etc.................ugh.
Probably a stupid move......
MM's playing games maybe? Doesn't make any sense.
The company should just take the ticker down to prevent anyone from becoming a bagholder. It was very dissapointing to see how things played out last year.
CRLRQ volume today.............over 1.2 million shares??!!!!
Empty shell, lots of them on the otc I think...
If the company went private last year, how is it possible this ticker is still trading?
Yes, I sold all of it to take the tax loss, but I would consult your accountant to make sure you take the correct course of action. I didn't see any other way for me and my broker allowed me to sell since I still had a balance above the trading fee.
Good luck and keep me posted if you are able to take any other course of action besides selling.
Hi Jauncy,
I am still sitting on thousands of shares since
the very beginning of this company. I don't know
what to do? 'My broker said hang on to it since
it is still trading? Did u sell, or take a HUGE LOSS??
Who is still buying this? I got out after my yuge loss (as Mr. Trump would say).
It looks like the new Crailar is a privately held company, at least thats what it says in their website.
"CRAiLAR FTI is a privately held Canadian company headquartered in Vancouver, BC."
Here is the link http://www.crailar-fti.com/press-release/
If thats the case then $CRLRQ is done.
GabeUSA..yes Crailar FTI has thrown all the old US employees off the board or fired all the Yankees from the company hired two more Canadian yes men and now claim to Have No Connection to the old Crailar, all past debt has disappeared and a new improved Crailar FTI website will launch sept 30..All the old technologies owned by a new Crailar less any USA interests, but all this was bank rolled by you and me..with hemp market prepared to expload let's send a message that what happens in the US stays in the US,,you can shove your FTI but not here..do I sound bitter..truly.xtp
Me thinks that Crailar FTI knew exactly what they were doing and they are ALL back in Canada waiting for the dust to settle down here then they will bring their 'Proven' Flax/Hemp fiber technology back down here to peddle to the USA,,and it was all the shareholders that PAID for this experiment.. THERE IS NO WAY A AMERICAN COMPANY COULD OF GOTTEN AWAY WITH WHAT THESE CROOKS HAVE ORCHESTRATED,, I really hope they come back down here and try to peddle this hogwash again there will be retribution from all the people they ripped off then we will see who owns what,,come on back down here like nothing happened like you can just pick up were you left off now that you have bought back your own IP for a measly 15,000.00,chump change payment to the crooked canuke bankruptcy courts,,NEVER IN A MILLION YEARS WOULD THIS FLY HERE.. JASON FINNIS OWN UP{PRIVATELY HELD COMPANY}built on the backs of investors who believed in you..THANKS ALOT..XTP
I understand where you are coming from since it was never done before, especially after the Pamplico facility debacle. Unfortunately, as a public company, they should had been a bit more realistic with their projections to account for the mishaps, but I guess management needed the cash. In the end, the former employees and the shareholders were left out to dry.
I wrote to the company voicing my concerns about 2 weeks ago, but I still have not received a reply, which is very disappointing. Yet, the new Crailar FTI, with almost the same management, is revamping their website for a Sept. 30th launch and the hard earned money the rest of us invested is just dust in the wind.
For anyone who's looking or thinking to start Flax Fiber processing plant in the US,come on down. Just remember for any child in its infancy, you must walk before you can run
There's money to be made with Flax Fiber if you do your home work and ask the questions need asking. I must say however if one of your first question is who am I going to get to head this operation then you've started with the wrong question. Former employees are one of you key source to having a viable company. Not talking about management. Not talking about CEOs. I'm talking about the men and women who operate the machines. Crailar started out good. The product was good. Somewhere down the line it lost it way. Do I know when? Not really but like most I have my opinion. Whos to say my opinion was right. Then again, whos to say it was wrong.
Hello. I'm a former US employee of Crailar. Kind of started in on the ground floor. Had high hopes for the company. Needless to say those hope was dashed as well as my investment.
After this stunt, I will do my part to get the word out on what really transpired with CRAiLAR....shame on them for bamboozling the stock holders.
To all,Jason finnis and all the insiders are laughing so loud I can here them all the way down here from Canada,,they have accomplished exactly what they wanted to do,they now own the best *proven* bast fiber technology and now are beholding to NO shareholders,and with the hemp fiber world ready to explode they align for the future of hemp worldwide with the NEW CRAILAR with all debt dissapeared,,if a USA company tried to pull this off it would Never fly,I say bully for u guys but when u come nocking to sell Crailar fiber in the States soon the shareholders will be waiting..adiós amigos.T.xtp
At this point, I'm not sure. Maybe we can hear from others.
What do u think our options would be, if any??
I am hanging on to the shares waiting to see if any options emerge.
I am tempted to sell or take a big huge loss for 2016.
What are others doing? Hanging on??? I lost a boatload too!
I followed this company because like others i had hopes. Never put money in though as they were not able to turn the corner to sustainability. Was there any intentional foul play on the part of the company?
Count me in...I lost a boatload.
Hello all..I'm trying to get some kind of census as to how other shareholders feel about what has transpired here with old public Crailar tech.and the new private Crailar FTI..and all the major Canadian players are still in control without any US key personnel left standing..its been a Canadian route as most investors were US and we also have been kicked out..T.xtp
CRLRF changed to CRLRQ, bankruptcy:
http://otce.finra.org/DLSymbolNameChanges
Amen to that! Especially since some of us spent quite a bit of green to see this company succeed, yet we were left with nothing. Very dissapointing...
Investors continue to ask about whats happening with this stock and I tell them exactly what I post here online,that I have talked with Bowra group in Canada and they tell me two things, that old management now owns IP of Crailar and that its not "likely" that they will take care in any way past shareholders,but that they also are surprised at how the whole chain of events came down with the american Georgia Pacific bidding against old Crailar..seems like not to many players are talking other than the fact the the new FTI Crailar say on the new site that they have no affiliates with old,but we all know it's the same people..SEC here in the USA would help sort things out but alas Canada players stand to gain more from playing it dumb now.. DO THE RIGHT THING FTI WEATHER ITS NOW OR DOWN THE ROAD TAKE CARE OF THE PEOPLE THAT PUT YOU IN THIS POSITION.. Ken Barker we need you.T.xtp
Keep us posted XTP. Someone just sold big shares? 700k+?
I've emailed ken at general info at company described..let's get this party started..thx.xtp
Maybe we should reach out to Ken. If I recall correctly, he is working for a Kayak company now. ;)
More monkey bizness up north in Canada yesterday.WHAT HAPPENS IN CANADA STAYS IN CANADA..we continue to see how the old/new owners have total disregard for shareholders that put Crailar on the map,now they have what they want and are kicking us to the curb,they now own the best hemp fiber technology with proven success and wipe out all debt and they gear up to market it PRIVATELY,maybe ken barker should consider leading the charge down here representing all the Yankees that got fleeced by FTI,as he also was dumped once they used him up and left owing him money..more to follow.Truly.Xtp. ...meanwhile stock still trading here, what a joke.
XTP, you can go onto Crailar FTI, and send comments.
Any ideas on what to do about Crailar Technologies stock for shareholders?
Halted in Canada two months ago this stock still trades here in the US,after the canadian bankruptcy proceedings allow all the trademarks and IP to be transfered to new/same management going forward with a slight name change Crailar FTI, and now they expect to take up old contracts also created by past Crailar and shareholders $..doesn't the new Crailar feel any luv for the supporters and if NOT sec.should halt trading here also befor even More damage is done....unless FTI is on board for a kinder gentler new Crailar board of directors, after all most old contracts are with US entities and markets for products will be here..just saying..do the right thing.T.xtp
Now that the cats out if the bag,shareholders don't be caught holding the bag.the new Crailar now called Crailar F
T.I.by new\old management,we really do appreciate the old Crailar technology it is really very good IP but really old/new management to not include all the support from the shareholders over the years and the money used to seure the IP again came from salaries PAID to you all while at Crailar, to leave us behind holding nothing will not bode well with sec.,just because Canada seperates itself from our sec.rules does not protect you from lawsuites once you come back to the US to try to do business as usual,yes you now own ALL the trademarks , patents,IP ,everything again let's see if you do the right thing going forward. This new Crailar FTI will no doubt be a More internationally global brand as we all know hemp is getting a lot of attention but the US market will not allow our loyal shareholders to be ripped off..Truly.XTP
$CRLRF @ .005!
With the fluctuation of buy and sell it is truly a sign of have and have not inside info,if the old\new management that now owns the IP could make a statement as to how the new\old Crailar will swing it would be helpful to shareholders here in the US,but maybe they are also sitting back waiting for some kind of ruling from dea on hemp reclassify.. In the meantime Crailar halted in Canada and ready to milk the Yankees here when word gets out.hooray for hemp.lawsuits foreseeable.T.xtp
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Images and information contained in these pages are derived from past and current information made available by Crailar Technologies, Inc. and is being provided here for educating investors about the company. All rights are reserved by the owner.
Founded in Vancouver, British Columbia in 1998 by Jason Finnis and Larisa Harrison, the company was originally a provider of environmentally friendly, ethically produced clothing. The company quickly grew through strategic partnerships with Canada's National Research Council and Alberta Innovates-Technologies Futures to become a leading developer of renewable and environmentally sustainable biomass resources using flax, hemp, and other bast fibers.
At Naturally Advanced Technologies Inc., we believe that sustainability is the way of the future and that every decision should be based on three things: people, planet, and profit. Known as the triple-bottom-line (3BL), this pervasive philosophy is upheld throughout NAT.
CRAiLAR® Fiber Technologies Inc.
CRAiLAR® Fiber Technologies Inc. is striving to make it easier and more cost effective for manufacturers and consumers to operate on the 3BL philosophy. With expected improvements in, including but not limited to, time and environmental footprint of manufacturing, agricultural practices and feedstock sourcing, and product quality and lifecycle, CRAiLAR® solutions have the potential to deliver value across the 3BL. CRAILAR® products are expected to have applications to many industries including such environmental heavyweights as traditional and performance apparel, and composite materials.
CRAiLAR® Organic Fibers are the building blocks for the first truly sustainable yarn in the apparel industry. Organic Fibers are processed through a patented enzymatic bath created in collaboration with the National Research Council of Canada. Prior to the bath, the fibers of up to a meter in length are cut to the desired staple length rivaling the very best long line cotton. These fibers then enter specialized processing equipment which turns the straw-like fibers into soft, white fibers similar to organic cotton.
The expected result is a yarn with the same warmth and feel of organic cotton, but with characteristics, such as tensile strength, that organic cotton simply can never achieve. As every step of the process can be certified organic, CRAiLAR® Organic Fibers become the first truly sustainable yarn in the apparel industry.
CRAiLAR® Organic Fibers division includes F-Series legacy technology.
The Company has entered into collaborative research and development agreements with the National Research Council, Canada ("NRC") and the Alberta Research Council ("ARC") for the engineering, processing and production of bast fibers including hemp and flax. To date, approximately CDN$1.9 million has been invested in the Company's CRAiLAR® technology with an additional CDN$2.5 million in expenditures directed toward ongoing R&D.
The NRC is a Government of Canada research and development organization with over 25 technology centers employing over 4,000 people and an annual budget of more than CDN$800 million. With a 90-year history, the NRC's mandate is to provide substantial resources to help Canada become one of the world's top five R&D performers by 2010. The NRC supports the growth of Canadian industry through collaboration with domestic and foreign universities, companies and public and private sector organizations in the areas of health, climate change, the environment, and clean energy. www.nrc-cnrc.gc.ca
The ARC is a provincial research organization established in 1921 to provide contract research and development services to business and government. With an annual budget of over CDN$100 million, the ARC operates five research facilities employing over 500 people throughout Alberta. The BioProducts division has established expertise in applied plant biotechnology and genomics for the development of commercially viable alternatives to petroleum-based products. www.arc.ab.ca
In 2004, NAT began working with a leading biotech scientist with the NRC, Dr. Wing Sung, who has developed a commercially successful and environmentally friendly biotech enzyme process for bast fibers (primarily hemp) for use in fabric and composites. His enzyme processes were initially developed to create products for the pulp and paper industry (See biography below). After success in this industry, Dr. Sung and other experts hypothesized that applying their expertise on technology for processing commercially grown hemp would be a key step to reinvigorate the hemp fiber industry in Canada.
The Company also has negotiated a Master Agreement for Technology Development with the ARC for further product development and commercialization. The results to date from this collaboration have been proprietary industry developments in the fiber and composites industries. These productive relationships are expected to continue for the life of intellectual property covered by the patent applications.
Dr. Wing Sung, BSc, MSc, PhD
Principal Research Officer
National Research Council of Canada
Dr. Wing L. Sung is a Principal Research Officer at the Institute for Biological Sciences, National Research Council of Canada, Ottawa, with research interests in industrial enzymes, bio-products and natural fiber. His current research involves the application of glycosidase enzymes for the extraction of plant fibers for textile and bio-composite materials.
Dr. Sung is the researcher behind four generations of engineered xylanases for the production of bleached pulp, in partnership with Iogen Corporation of Ottawa. Iogen develops, manufactures and markets industrial enzymes and has raised C$130 million including C$30 million from Goldman Sachs and C$46 million from Royal Dutch/Shell Group. Iogen's technology processes four million tons of pulp in Canada and USA annually, resulting in a net saving of between $500,000 - $1,000,000/year per facility. Between 1997 and 2007, this technology was responsible for a cumulative reduction of 10,000 tons of undesirable organochloride byproducts by reducing the amount of chlorine bleach required in the production of 25 million tons of bleached pulp.
Wade Chute, P. Eng.
Senior Research Engineer, Agrifiber
Alberta Research Council
Mr. Chute received his bachelor's degree in Chemical Engineering in 1991 from the University of British Columbia, where his interests focused on pulp and paper. As a process engineer, he was involved in the startup of the world's first zero effluent pulp mill in Meadow Lake, Saskatchewan. He also worked for one year with Slave Lake Pulp Corporation as a process engineer, followed by four years as a technical sales representative with Andritz Inc., a supplier of pulp mill machinery. Wade joined the Alberta Research Council in June of 1999 as the senior research engineer for agrifiber pulp and paper and has since become the manager of the pulp and paper business unit.
NRC - National Research Council of Canada
In May 2004, Naturally Advanced, through its wholly owned subsidiary CRAiLAR® Fiber Technologies Inc., entered into a Joint Collaboration Agreement (JCA) with the NRC Institute for Biological Sciences to develop CRAiLAR®, a patentable enzyme technology for the processing of hemp and other bast fibers. Under the terms of the JCA, all intellectual property developed under the agreement is available to the Company under exclusive license from the NRC. In October 2006, the Company entered into a Technology License Agreement with the NRC Institute for Biological Sciences, providing the Company an exclusive worldwide license to use and sublicense the technology developed under the JCA.
In May 2007, the NRC filed a patent application for processing hemp fibers under the Patent Cooperation Treaty simultaneously seeking protection in up to 117 countries worldwide. Later that month, CRAiLAR® Fiber Technologies Inc. secured the exclusive worldwide licensing rights from the NRC to the technology covered under this patent application.
ARC - Alberta Research Council
In January 2007, Naturally Advanced, through its wholly owned subsidiary CRAiLAR® Fiber Technologies Inc., entered into a Master Agreement for Technology Development ("MATD") with the Alberta Research Council ("ARC") to further develop technology related to the fabrication of products utilizing CRAiLAR® technology for use in textiles and composite applications.
Under the terms of the MATD, Naturally Advanced is entitled to an option to an exclusive, worldwide, royalty bearing license to use any new intellectual property developed pursuant to a Project Agreement. On May 23, 2007, the ARC filed two provisional patent applications related to technology developed under the MATD, and later that month the Company secured the exclusive worldwide licensing rights from the ARC, to the technology covered under the two patent applications.
CRAiLAR®
In September 2005, the Company trademarked the term CRAiLAR® to identify its proprietary technology platform relating to the engineering, processing and production of bast fibers, including all technology co-developed with and licensed from the NRC and ARC.
Crailar Technologies today supplies its CRAiLAR Flax for commercial use to:
HanesBrands http://www.hanes.com
IKEA http://www.ikea.com
Georgia-Pacific http://www.gp.com/
Brilliant Global Ltd.
Kowa Company, Inc. http://www.kowa.co.jp/eng/
For evaluation and development use, Crailar Technologies currently supplies its CRAiLAR Flax to:
Levi Strauss & Co. http://www.levi.com
Cintas http://www.cintas.com
Carhartt® http://www.carhartt.com
Ashland http://www.ashland.com
Westex http://www.westex.com
Target® http://www.target.com
PVH Corp http://www.pvh.com/
Cotswold Industries Inc. http://www.cotswoldindustries.com/
Cone Denim http://www.conedenim.com/
Adidas AG http://www.adidas-group.com/en/
Lenzing http://www.lenzing.com/en/fibers/home.html
Quaterly Report: First quarter ended March 29, 2015 http://www.crailar.com/sites/default/files/investors/financial_reports/CL-2015-Q1.pdf (May not be available yet)
Annual Report: Year ended December 27, 2014 http://www.crailar.com/sites/default/files/investors/financial_reports/CL-2014-Annual.pdf
Quaterly Report: Third quarter ended September 27, 2014 http://www.crailar.com/sites/default/files/investors/financial_reports/CL-2014-Q3.pdf
Quaterly Report: Second quarter ended June 28, 2014 http://www.crailar.com/sites/default/files/investors/financial_reports/CL-2014-Q2.pdf
Quaterly Report: First quarter ended March 29, 2014 http://www.crailar.com/sites/default/files/investors/financial_reports/CL-2014-Q1.pdf
Annual Report: Year ended December 28, 2013 http://www.crailar.com/sites/default/files/investors/financial_reports/CL-2013-Annual.pdf
Quaterly Report: Third quarter ended September 28, 2013 http://www.crailar.com/sites/default/files/investors/financial_reports/CL-2013-Q3.pdf
Quaterly Report: Second quarter ended June 29, 2013 http://www.crailar.com/sites/default/files/investors/financial_reports/CL-2013-Q2.pdf
Quaterly Report: First quarter ended March 30, 2013 http://www.crailar.com/sites/default/files/investors/financial_reports/CL-2013-Q1.pdf
Annual Report: Year ended December 31, 2012 http://www.crailar.com/sites/default/files/investors/financial_reports/CL-2012-ANNUAL.pdf
Quaterly Report: Third quarter ended September 30, 2012 http://www.crailar.com/sites/default/files/investors/financial_reports/CL-2012-Q3.pdf
Quaterly Report: Second quarter ended June 30, 2012 http://www.crailar.com/sites/default/files/investors/financial_reports/NAT-2012-Q2.pdf
Quaterly Report: First quarter ended March 31, 2012 http://www.crailar.com/sites/default/files/investors/financial_reports/NAT-2012-Q1.pdf
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