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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!