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What happens in the US should stay in the.....The DEA will most likely totally delist industrial hemp like many other countries around the world and hemp fiber will be very big here soon enough.If Crailar tech.wants to be part of this in the US a transparence approach going forward as the old/new management starts selling shares of the New Crailar tech.leaving past supporters in the dust will only get get negative PR and lawsuits, we have supported this company and funds used came from saleries to repurchase their own IP.go figure.The powers in Canada would not let this happen to their own.truly.xtp
Look at them talk about .009 with that 2 buy
can the new/old crailar management confirm or deny that they own or not the IP for Crailar,the old/new management does not have to declare were they are now headed with this acquisition but current shareholders can then make up their minds as to what to do with the shares they hold as this stock is still trading unlike Canada were its been halted for over a month.thank you.xtp
Yeah something strange happening, for a halted company
More and more volume!!! Still buying and selling???
I am confused......:(
Tks66..my feeling is most shares being purchased by insiders with more info than us,aprox 1.7 mil shares traded on Friday.who would be purchasing these shares now.trading halted in Canada a month ago no new info since sept 2015,bankruptcy that has cleared a lot of dept and now low and behold as if by magic the old/new management system now owns the IP after very questionable proceedings,,my feeling is not many shares floating around in canada and trying to thin the heard in the US before any official word about how its going to go..Yes US based legal advice is needed, and a lot may be decided by July 1 as to how hemp will be treated per reschedule by Dea,.a pity how this has been handled,had all this happen here we could of saved vast legal fees but then again so much dept has been disappeared,truly.XTP
I do not have any answers. We need a good lawyer who
Wants to take on a group claim?
To all,,AND WE HERE IN THE U.S.SEE THAT HEMP INDUSTRY IS GETTING LOTS OF ATTENTION..T,xtp
Tks66...I have talked to Bowra group in Canada, Had emails with NRC Canada,have email from Jason,,at this point wondering why this stock is even still trading on OTC as it been halted in Canada for a month,and Bowra group was surprised to hear that it was trading here.and it might be somehow "possible" they Crailar might want to go forward somehow..That's my guess that's who is purchasing these 1.6 mil.shares at .0012 with the idea to go forward,since Canada shares have been halted,Since no info has been offered by Crailar we stagger on,.Any suggestions at this point,I'm no lawyer.Truly.xtp
XTP....are you leading the investigation on Crailar?
You mentioned to start sending all misleading
Crailar information.....where do we send it???
I need an email address.
Thanks!!!!
Latest Press release..Sept. 3 2015 on CNW newswire.false.Now IP is awarded to past management after bidding is completed by sealed bids,,And we are issued no warrants and no explanation..Very Canadian ayyy.welcome to the Friendliest Giber company on the planet.T.xtp
We are gathering info now and await a announcement from New/old management who now still owns IP and are gearing up to start selling interest in The New Crailar and leave the past shareholders behind as they start the process again..We are preparing for the worst,let us know how to proceed.truly.xtp
Where do we send this? Do I have an email we can use?
Tks66..and all shareholders.please relay any past mismanagement items we need to go forward,,as new/old failed managements still in control while we are left cold.thx.Xtp
Thx for the update, XTP.
Crailar fans and shareholders.. I will post more as I get it..But very interesting about another buy out that was nixed and now Old/new owners still in command as current shareholders are left without much..if Crailar goes forward like the Press release in sept.2015 indicated we should be offered something for holding on thinking a restructure was going to happen..TO CURRENT NEW/OLD MANAGEMENT WE EXPECT ALSO TO PART OF WHATERVER CRAILAR IS..by the way NRC of Canada the gov.that funded developing Crailar tech still holds there licensing rights,, funny how everybody in Canada does not seem to lose,,we do..more to be shown as we proceed.. T.xtp
Go XTP.........will you lead in this? How can we get a list of all current CRLRF shareholders names and contact info? Do you know the procedures to follow with the SEC? I don't have a clue.........sorry.
Crailar fans and shareholders.. I will post more as I get it..But very interesting about another buy out that was nixed and now Old/new owners still in command as current shareholders are left without much..if Crailar goes forward like the Press release in sept.2015 indicated we should be offered something for holding on thinking a restructure was going to happen..TO CURRENT NEW/OLD MANAGEMENT WE EXPECT ALSO TO PART OF WHATERVER CRAILAR IS..by the way NCR of Canada the gov.that funded developing Crailar tech still holds there licensing rights,, funny how everybody in Canada does not seem to lose,,we do..more to be shown as we proceed.. T.xtp
What do we do?
I know several investors here in the US that are still holding onto shares..........what do we do? I also contacted a company called Litrax (look them up) who contacted Crailar in Canada to get a fiber sample, as they were interested in buying Crailar out......Crailar did not provide a simple fiber sample to Litrax!!!!! I have the emails to prove it! This is a lawsuit.........somehow?
This was my sneak pick if you can explain more.
What happens in Canada Stays in Canada..Juancy and all concerned share holders,I spoke with Bowra Group today,firm handling restructure of Crailar tech..I say restructure because same management still owns Crailar IP but the new/old owners are telling me my stock is worthless,, There are so many coincidences as to how this is playing out I can not tell all here.. I will say a Canadian judge awarded the IP to past failed management when same EXACT bid was offered from US Greogia Pacific..Now get ready investors here is your chance to invest in Crailar Technology regurgitated.. Unless we let SEC know about what's happing..look it up Bowra Group Canadian law firm,go figure.T.xtp
Where can we get this info online? Been here holding shares long enough disappointed...
Investors still holding Crailar shares.we need to TALK..ITS NOT OVER!
Update. POSSIBLE CLASS ACTION .
this CANADIAN company IP now owned by ANOTHER CANADIAN HOLDING COMPANY after the CANADIAN LAW FIRM handling proceedings received a bid in exactly the dame amount from a US company but it was awarded to Canadians instead..also the CANADIAN RESEARCH CENTER OF CANADA STILL OWNS THERE PORTION OF IP..while all share holders in the USA are SOL, while Canadian CEO still working for new Canadian IP owner..By the way Georgia Pacific wanted the IP but alas they are not Canadian.. Lawsuit anyone??We share holders have been Conned or Canned.truly.XTP
Thanks for the update.
They are in the process of selling the company's assets. I'm pretty sure that the sale of there equipment is a done deal, but as far as I've been able to find out, there is still no buyer for the technology. Hoping that the sale from the equipment gives a little life...
It would be nice if the company can publish fins to make that "stop" sign on the OTC go away.
Anybody out there CRAiLAR?
Today is the day for this to boom
I think we all did. The idea is definitely one of a kind.
I hope this technology isn't lost. Even if this company is gone id love to see this technology used, so much potential. I invested in this idea, maybe should have paid more attention to the business side.
So much for April 11th financials. This thing has gone darker than a black hole. Such a shame....
Not sure, but supposedly there are financials coming out on April 11th. I sent them an e-mail over a month ago, but have not received any response from them.
What's going on
Wolverine Asset Management Llc Reported reduced Interest in Crailar Technologies Inc.
http://www.fdanewsalert.com/crailar-technologies-inc-wolverine-asset-management-llc-decreased-its-holding/8515048/
Spread tightened up now...
Canadian equivalent trading at .01 today. With exchange this should be .007...
.0023 then .009 on L2...
Who wants to grab those shares?
Bounce time?
whats up here unusual volume ?
Volume today, was that you buying?
I could do that, live in whistler and go down often. Anyone tried calling?
Somebody needs to go to Vancouver to see if the office lights are still on.
Bid already doubled from those trip sells. Never got any of those tho haha. Ask looking thin here, I think a pop over .01 is coming.
The Canadian counterpart of this stock was downgraded from tsx venture to NEX because of lack of business activity or whatever. It has not traded under .005 and shows no bid or ask now for me. So seems like this is all a shell game here for now. Anyways curious story and a nice hole in my account I wouldn't mind turning around. Back to $1 Hahaha oh that would be fun
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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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