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NNAN Massive news and we own this holy crap.....
NaturalNano Announces Agreement to Acquire Syracuse Based Owner of General Super Plating Business for Stock
Marketwired
NaturalNano, Inc. January 31, 2014 8:30 AM
ROCHESTER, NY--(Marketwired - Jan 31, 2014) - NaturalNano, Inc. (OTCBB: NNAN) (www.naturalnano.com) announced today that it had reached an agreement to acquire 100% ownership of Syracuse based MJ Enterprises LLC ("MJ") dba General Silver Plating LLC, the owner and operator that provides chrome plating services for products used in the automobile and household appliance industries. NNAN made the acquisition for common shares. The acquisition is expected to close in the near future.
Jim Wemett, NNAN CEO commented, "This acquisition is important to NNAN and its share holders for two reasons. First, it brings into NNAN a business with a very attractive and loyal customer base with the opportunity to grow the base plating business significantly. Second, it enables NNAN to work with the GSP business to identify opportunities to expand our proprietary halloysite nanotubes ("HNT") applications. It provides our shareholders with real value by acquiring this established well-respected business for 60 million NNAN common shares."
J.T. Jacus, CEO of MJ Enterprises LLC, owner of GSP said, "We are excited to become a part of the NNAN team. This allows us to grow the GSP business in a fundamental way. It enables us to complete our plans to make further improvements to our manufacturing plant to increase capacity to take advantage of the growth of our customer base and add products to increase our annual sales above the $12 million sales level that was achieved in 2013."
General Super Plating ("GSP") www.4gsp.com is located in East Syracuse, NY, established in 1932. The company specializes in high quality plating on plastics. GSP plates parts for world-famous brand names in the appliance, automotive, electrical, electronics, marine, medical, military, personal care, and plumbing industries.
NaturalNano, Inc. (OTCBB: NNAN) located in Rochester, New York, is engaged in the development and commercialization of material additives based on proprietary nanomaterial technology utilizing Halloysite Nanotubes (HNTs). The company provides industry with additives designed to improve the processing characteristics and mechanical properties of engineering thermoplastics, and additives designed to optimize the release of active agents such as vitamins and fragrance in cosmetic products. NaturalNano holds patents relating to the commercial use of HNTs in composite materials as well as specialized techniques used in the refinement and processing of HNTs and intermediaries that it ships to customers worldwide. HNT materials used as a surface treatment have also shown promise in medical research devoted to stem cell collection and in trapping circulating cancer cells. The company is also exploring surface treatments relating to improved adhesion of protective coatings for polymer components used in numerous commercial applications.
Cautionary Statement Regarding Forward-Looking Statements: Contains forward-looking statements regarding future events and future performance that involve risks and uncertainties that could materially affect actual results. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of NaturalNano's filings with the Securities and Exchange Commission. The most recent annual reports on Form 10-K and quarterly reports on Form 10-Q filed by NaturalNano provide information about these factors, which may be revised or supplemented in future reports to the SEC on those forms or on Form 8-K. We caution investors not to place undue reliance on forward-looking statements, and we do not undertake any obligation to update or otherwise revise any forward-looking statements, whether as a result of new information, future events, or other such factors that affect the subject of these statements, except where expressly required by law.
Contact:
Jim Wemett
NaturalNano, Inc.
585-267-4848
info@naturalnano.com
Holy crap just seen the news massive, they produce parts with GM, Ford, Honda, Chrysler, Nissan, Harley Davidson, Proctor & Gamble, and Whirlpool."
White House
Obama Says He’d Support Easing Marijuana Restrictions
By Zeke J Miller @zekejmillerJan. 31, 20147 Comments
Read more: Barack Obama Says He'd Support Marijuana Classification Change | TIME.com http://swampland.time.com/2014/01/31/marijuana-obama-decriminalization/#ixzz2rzDxB2aM
To increase the A/S is to also increase the O/S by dumping shares pennystocks 101. PHOT set to increase on 2/7
Really that must be a joke, what does PHOT offer soil and lights,FITX is why ahead of the game to grow 1,3Million pounds of weed a year.Trust me when I tell you this PHOT is not the only funder in town.
And if you really think charts work for pennystocks your dreaming as anyone can pain them.
Your kidding me right on 2/7/2014 PHOT increasing there shares to 2 billion to sell in the open market to FUND FITX, with that said FITX will come out on top.
Buddy I would not talk go look up the backgroud of the CEO of this company.
Soon I wont be.
Keep dreaming after the increase this come 2/7/2014 price will decline mark this post.
Great since we going higher,
LOL only cause FITX is on board bud.
Sure go ahead free country,stating facts were the money is coming from is not a crime.
PHOT about to increase to 2 billion on 2/7/2014 and thats a fact I'm I wrong enough said.
Oh trust me PHOT has nothing but a empty shell IMO.
How please explain?
Really, Im not for PHOT and FITX, FITX has tons of funding at its door that I know for a fact, its just PHOT was first. And trust me if FITX pulls from this deal PHOT will be dead in the water.
Understand,but lets be real who will be dumping and doing the funding?
Nope,PHOT will be selling shares to fund FITX end of story.
PHOT about to sell shares to fund FITX, do your DD on both and see what is a better bet bud and good luck on both compines.
I doubt that, look at MSFT, IBM, and many other Nasdaq compines that trade in the billions of shares outstanding.AT the the end of the day it doe snot matter whats out there, its comes down to the shares holder if they hold and there holding for dollars imo but good luck here.
Were do you think PHOT is getting the money from to fund FITX, explain to me that for everyone to see please.?
You joking right? Were do you think PHOT is getting the money from to fund FITX, explain to me that for everyone to see please.?
I'm invested in both compines PHOT and FITX, but will not hold PHOT past 2/7 as there going to start selling to fund FITX, price will go down anytime funding starts.
Not telling anyone to listen to me, read the 8 -k were is the money coming from to fund FITX, its coming from the sell of stock of PHOT at the expense of the shareholder, and thats why FITX will come out on top.PHOT will dump and get funding and give to FITX end of story.
FITX doing just fine IMO and has alot more going for it then PHOT and everyone knows it.
What laugh, its the truth PHOT will selling shares to get funding for FITX thats why there increasing the shares to 2 billion on the 2/7, what you think there going to give them cash right away.Read the 8-k again and even call the company ask them were the money coming from. PHOT will be selling to fund FITX end of story, smart investors will be buying FITX.
Warning Guys I would get out of PHOT as it now will be the dumping ,machine to fund FITX,on 2/7 there will be a increase of 2 billion shares.Smart buyers will be loading up FITX and selling PHOT
AJOE and WISE 25% each but still part iof CEN BIO tech which means total for FITX is realy 60% also FITX becomes the winner out all of this PHOT about to unload shares and FITX stated no increase.
Agreed, IMO we going sky high.
Shorts covering I love it, ERBB $0.03 next week $$$
EDXC In Nasdaq also look at the disclosure at the bottom...
Disclosure: 420 Investor offers an alert service that is currently long EDXC
Read more: http://www.nasdaq.com/article/7-companies-capitalizing-on-canadian-cannabis-cm322295#ixzz2ruoXqBM6
FFFC $0.005 by next week then $0.01
Hearing Monster news coming people,this will pop soon IMO.,
IMO we have one of the best CEO's out there that really cares about his shareholders. GO FITX >>>>>
Must Read this why FITX will be the key player soon
If there allowing 150 grams per person or ¼ ib it will take 4 people to make a pound correct, take 4,394,880 Million people divide that into 4 you get 1,098,720 pounds you need for yearly intake for Health Canada, and this is low balling. This is why Bill of CEN BIOTECH is going to grow 1, 3 million pounds. The Canadian government projects 30, 000 medicinal users, wrong it also forgot to count the millions of people already smoking that will have to get a medical marijuana license by a doctor by March 14, 2014 in order to smoke legally. IMO this low balling this does not include importing or exporting CEN BIOTECH has to apply for more to grow.
Annual cannabis use by country
Canada
12.6 % 2009 [1]
http://en.wikipedia.org/wiki/Annual_cannabis_use_by_country
Canada 34.88 million (2012)
Canada, Population
12.6% of 34.88 million = 4,394,880 Million People That Consume Cannabis.
Canadian teens lead developed world in cannabis use: Unicef report
http://www.theglobeandmail.com/news/national/canadian-teens-lead-developed-world-in-cannabis-use-unicef-report/article11221668/
Medical Marijuana Users May Face Pot Shortage in B.C.
http://www.huffingtonpost.ca/2014/01/28/medical-marijuana-shortage-bc_n_4684586.html
Under the new rules coming into effect on April 1, only dried cannabis may be offered for sale, and it must be mailed or couriered directly from the authorized producer to the customer, in child-proof bottles. Patients who prefer to ingest marijuana orally will have to make their own extracts and tinctures. They will be permitted to possess a maximum of 150 grams of dried marijuana, or 30 times their daily dose, whichever is less.
That’s ¼ IB per person, 4 people will be a pound. SO in 2012 4,394,880 Million people smoked and with today’s current date you can add another 1 million to be on the safe side, let’s do the math.
If there allowing 150 grams per person or ¼ ib it will take 4 people to make a pound correct, take 4,394,880 Million people divide that into 4 you get 1,098,720 pounds you need for yearly intake for Health Canada, and this is low balling. This is why Bill of CEN BIOTECH is going to grow 1, 3 million pounds. The Canadian government projects 30, 000 medicinal users, wrong it also forgot to count the millions of people already smoking that will have to get a medical marijuana license by a doctor by March 14, 2014 in order to smoke legally. IMO this low balling this does not include importing or exporting CEN BIOTECH has to apply for more to grow.
No Big dip at all read the PR ....The company expects to announce its new choice of lead dispensary locations within the week.
Your name says it all IMO lol
From what I heard yes we are and may dispensaries also in the Pr.
Like I said keep dreaming, small pullback then more news then it sky rockets,this one sector you can not stop so good luck.