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$MKRS News
Mikros Announces $11.5 Million Engineering and Technical Support Delivery Order for ADEPT® Program
NEWS PROVIDED BY
Mikros Systems Corporation
Mar 09, 2017, 07:41 ET
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PRINCETON, N.J., March 9, 2017 /PRNewswire/ -- Mikros Systems Corporation (OTCQB: MKRS) announced today that it has received a three-year $11.5 million order from the U.S. Navy for engineering and technical support of its ADEPT maintenance workstation. The award is the second Delivery Order issued under Mikros' Indefinite Delivery Indefinite Quantity multi-year $35.1 million contract with the Naval Surface Warfare Center in Crane, IN.
The order covers engineering services to provide product support, systems engineering, increased capabilities and upgrades to the more than 200 ADEPT systems currently deployed by the United States Navy. This order will run through 2020. Navy cruisers and destroyers use ADEPT to help maintain and optimize the performance of advanced radars, including the AN/SPY-1 phased array radar used by the Aegis combat system.
"This order enables Mikros Systems to continue delivering advanced capabilities to the warfighter," said Chuck Bristow, Mikros Chief Operating Officer. "It will also provide a pathway to increased ADEPT adoption into additional combat systems and ship classes. We look forward to continuing to work with our Navy customer to improve and expand the capabilities of our ADEPT system."
Mikros Systems maintains an engineering and development facility in Fort Washington, Pennsylvania, and a manufacturing and depot center in Largo, Florida.
Mikros Systems Corporation is an advanced technology company specializing in the research and development of electronic systems technology primarily for military applications. Classified by the U.S. Department of Defense as a small business, its capabilities include technology management, electronic systems engineering and integration, radar systems engineering, command, control, communications, computers and intelligence systems engineering, and communications engineering. Mikros' primary business is to pursue and obtain contracts from the Department of Homeland Security, U.S. Navy, and other governmental authorities. For more information on Mikros, please visit: www.mikrossystems.com.
Important Information about Forward-Looking Statements
All statements in this news release other than statements of historical facts are forward-looking statements which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Such statements are not guarantees of future performance or events and are subject to known and unknown risks and uncertainties that could cause the Company's actual results, events or financial positions to differ materially from those included within or implied by such forward-looking statements. Such factors include, but are not limited to, changes in business conditions, a decline or redirection of the U.S. Defense budget, significant delays or reductions in appropriations for our projects, the termination of any contracts with the U.S. Government, changes in our sales strategy and product development plans, changes in the marketplace, continued services of our executive management team, our limited marketing experience, competition between us and other companies seeking SBIR grants, competitive pricing pressures, market acceptance of our products under development, delays in the development of products, our ability to adequately integrate our new software offerings into our business model, statements of assumption underlying any of the foregoing, and other factors disclosed in our annual report on Form 10-K for the year ended December 31, 2015 and other filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, we undertake no obligation to disclose any revision to these forward-looking statements.
SOURCE Mikros Systems Corporation
Related Links
http://www.mikrossystems.com
Golden Leaf Holdings Announces Increased Sales
Activity in Oregon Market
TORONTO, ONTARIO--(Marketwired – March 8, 2017) – Golden Leaf Holdings Ltd. ("GLH" or the "Company") (CSE:GLH) (OTCQB:GLDFF), a leading cannabis oil solutions company built around recognized brands, is pleased to provide an update on business activity in the Oregon market.
Sales have picked up so far in the first quarter of 2017, as compared to the fourth quarter of 2016, primarily as a result of the introduction of GLH’s Golden Gold Label Reserve product line, new Private Stash brand strain flavors, and branded Golden flower products. Launched in dispensaries across Oregon, Gold Label Reserve and the new Private Stash strain varieties are targeted at recreational customers looking for pure solvent-free and high potency cannabis oil products. The branded Golden flower products focus on meeting growing consumer demand for high quality full flower pre-rolled joints.
Don Robinson, CEO of Golden Leaf Holdings, commented, “The increase in sales that we have experienced so far in 2017 in Oregon is a direct result of our new product program and the fact that our products have been well received in the market and are being stocked on dispensary store shelves across Oregon. Moreover, after a difficult fourth quarter of 2016 across the entire Oregon market, we believe that we have recovered faster than others because of the forward planning initiatives we put into place earlier last year that have positioned us for the growth that we’re experiencing.”
About Golden Leaf Holdings:
Golden Leaf Holdings Ltd. is one of the largest cannabis oil and solution providers in North America. It's a leading cannabis products company in Oregon built around recognized brands. GLH leverages a strong management team with cannabis and food industry experience to complement its expertise in extracting, refining and selling cannabis oil.
For further information, please contact:
Investor Relations - U.S.A.
Harrison Phillips
Viridian Capital Advisors, LLC
212-485-0284
hphillips@viridianca.com
Investor Relations - Canada
Paul Searle
Golden Leaf Holdings Ltd.
778-240-7724
psearle@goldenleafholdings.com
Eugene Hill
Chief Financial Officers
Golden Leaf Holdings
ghill@goldenxtrx.com
Disclaimer: This press release contains "forward-looking information" within the meaning of applicable securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the Company’s future business operation, expectations of gross sales, the opinions or beliefs of management, and future business goals. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to general business, economic and competitive uncertainties, regulatory risks including risks related to the expected timing of the Company’s participation in the Adult Use market, market risks, risks inherent in manufacturing operations and other risks of the cannabis industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information. Forward-looking information is provided herein for the purpose of presenting information about management’s current expectations relating to the future and readers are cautioned that such information may not be appropriate for other purpose. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
Copyright © 2016 Golden Leaf Holding Ltd, All rights reserved.
Eco-Safe Announces Phillip Carson as New CEO
Tue March 7, 2017 6:00 AM|Marketwire|About: ESFS
LOS ANGELES, CA -- (Marketwired) -- 03/07/17 -- Eco-Safe Systems USA, Inc. (ESFS) is pleased to announce that Phillip R. Carson has taken the position of CEO of Eco-Safe Systems.
Michael Elliot, previous CEO of Eco-Safe Systems USA, Inc., said, "Phillip R. Carson, came on board with Eco-Safe in August, and within the last six months has expanded the intra-corporate infrastructure to allow Eco-Safe to address new markets throughout the world."
Elliot continued, "Through Phillip Carson's existing global business interests focusing principally on energy production, considerable leverage of resources can be realized through integrating the capabilities of Eco-Safe. Ozone technology plays a major role in water purification associated with various sustainable energy production technologies, and serves ever increasing demands for safe food and water across the globe. Leveraging resources and opening new markets for Eco-Safe offers welcome opportunities for Eco-Safe for the foreseeable future."
ALL EYES ON HECLA
March 03, 2017 at 12:06 pm | By Chanse Watson
Just when it was believed that the ongoing negotiations between the Hecla Mining Company and the Lucky Friday miners may finally be coming to some sort of a conclusion, the saga’s future continues to be more uncertain.
Representatives with Hecla and the United Steelworkers Union (USW) Local 5114 chapter met once again on Wednesday to discuss a new labor contract.
Hecla’s Vice President of External Affairs, Luke Russell, said that the two sides met at the Union’s request, but “the meeting did not result in change of positions.”
Russell stressed that Hecla’s latest offer, “provides competitive terms for the industry, and is in the best interests of the Lucky Friday Mine and our employees — both now and in the long term.”
Union president Phil Epler echoed Russell’s take on the meeting, saying that no new common ground was found.
“The company is holding its position,” Epler said.
This new wave of uncertainty regarding a new contract between the company and the miners stems from the union unanimously voting to reject the company’s ‘last, best, and final’ offer on Feb. 19.
The miners cited several grievances with the latest offer including the silver premium trigger, overtime, the replacement of the current bid system for jobs, medical premiums, recall rights, and vacation days among others things.
The ‘no’ vote essentially puts the ball back into Hecla’s court and does not leave them with many options.
The company must choose between returning to the negotiation table or implementing the last, best, and final.
Epler has stated that implementation would most likely lead to strike.
“I won’t do (call for) a strike vote unless they implement,” Epler said.
As for what Hecla plans to do next, the jury is still out.
“I asked them if they were going to implement and they said not now,” Epler explained after Wednesday’s meeting.
“As far as next steps,” Russell said, “while mine operations continue we will further evaluate the situation.”
As the negotiations drag on, the two sides continue to operate under the 2010 contract that expired back in May 2016.
No new meetings between the two sides have been scheduled.
http://www.shoshonenewspress.com/article/20170303/ARTICLE/170309983
USW Local 5114 Facebook Page
https://www.facebook.com/USW-Local-5114-694692010581206/?ref=page_internal
"NOBODY expects the Spanish Inquisition!" - Monty Python. Least of all, Attorney General, Jeff Sessions. Has Federal enforcement of Marijuana laws just gone up in smoke?
Pelosi calls on Sessions to quit after Post discloses Russia contacts
http://www.reuters.com/article/us-usa-trump-russia-sessions-idUSKBN16908L
Donald Trump to Propose $54 Billion Increase in Military Spending
https://www.wsj.com/articles/donald-trump-to-propose-54-billion-increase-in-military-spending-1488210593
Donald Trump to Propose $54 Billion Increase in Military Spending
https://www.wsj.com/articles/donald-trump-to-propose-54-billion-increase-in-military-spending-1488210593
Presumably, the Lucky Friday Union workers don't have any HL in their retirement accounts.
http://www.shoshonenewspress.com/article/20170221/ARTICLE/170229996
$GLDFF News today:
Golden Leaf Launches New Golden Gold Label Reserve Product Line
TORONTO, ONTARIO--(Marketwired – February 23, 2017) – Golden Leaf Holdings Ltd. ("GLH" or the "Company") (CSE:GLH) (OTCQB:GLDFF), a leading cannabis oil solutions company built around recognized brands, is pleased to announce the introduction of its new Golden Gold Label Reserve product line, new Private Stash brand strain flavors, and branded Golden full flower pre-roll joints. Launching in dispensaries across Oregon, Gold Label Reserve and the new Private Stash strain varieties are targeted at medical and recreational customers looking for pure solvent-free and high potency cannabis oil products. The Golden pre-roll joints focus on meeting growing consumer demand for high quality pre-rolled joints.
The new product launch provides GLH with the opportunity to take advantage of the growing recreational market and capture larger market share. Don Robinson, Chief Executive Officer of Golden Leaf Holdings, commented, “The introduction of the Gold Label Reserve product line, new Private Stash products and branded Golden pre-roll joints allows us to continue building out our differentiated brand portfolio targeting relevant consumer segments in the market. We expect that the new products will fill an unmet gap in the recreational marketplace and support increased cannabis oil sales. ”
Designed to capture the attention of retail customers, Gold Label Reserve features premium packaging and premium cannabis oil distillate available in strain specific varieties that comes filled in an innovative glass and stainless steel vape cartridge. Cannabis is hand selected for the highest quality oil production. The solvent-free oil product aims to deliver an authentic and consistent strain flavor experience every time.
The Private Stash distillate product line delivers consumers with a higher THC experience than Gold Label Reserve. It is available in a variety of terpene infused, strain specific varieties including Sativa, Indica and Hybrid. GLH’s Golden branded pre-roll joints are crafted out of high quality, full flower and natural rolling papers. With an elegant pre-roll joint design and branded packaging, the product is focused on elevating the consumer’s cannabis joint experience.
About Golden Leaf Holdings:
Golden Leaf Holdings Ltd. is one of the largest cannabis oil and solution providers in North America. It's a leading cannabis products company in Oregon built around recognized brands. GLH leverages a strong management team with cannabis and food industry experience to complement its expertise in extracting, refining and selling cannabis oil.
For further information, please contact:
Investor Relations - U.S.A.
Harrison Phillips
Viridian Capital Advisors, LLC
212-209-3086
hphillips@viridianca.com
Investor Relations - Canada
Paul Searle
Golden Leaf Holdings Ltd.
778-240-7724
psearle@goldenleafholdings.com
Eugene Hill
Chief Financial Officer
Golden Leaf Holdings Ltd.
ghill@goldenxtrx.com
Disclaimer: This press release contains "forward-looking information" within the meaning of applicable securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the Company’s future business operation, expectations of gross sales, the opinions or beliefs of management, and future business goals. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to general business, economic and competitive uncertainties, regulatory risks including risks related to the expected timing of the Company’s participation in the Adult Use market, market risks, risks inherent in manufacturing operations and other risks of the cannabis industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information. Forward-looking information is provided herein for the purpose of presenting information about management’s current expectations relating to the future and readers are cautioned that such information may not be appropriate for other purpose. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
Copyright © 2016 Golden Leaf Holding Ltd, All rights reserved.
$MKRS Valentine's Day News:
Mikros Announces $ 1.1 Million Navy Production Order for ADEPT Advanced Maintenance Systems
7:00 am ET February 14, 2017 (PR Newswire) Print
Mikros Systems Corporation (OTCQB: MKRS) announced today that it has received the first Delivery Order under its recent multi-year $35M contract with the Naval Surface Warfare Center in Crane, IN.
http://photos.prnewswire.com/prnvar/20120601/PH16889LOGO
The order covers eleven new production deliveries of Mikros' Adaptive Diagnostic Electronic Portable Testset (ADEPT) and is valued at $1.1M. The ADEPT units will be produced at the Mikros Manufacturing and Depot Center in Largo, FL and be delivered to the Navy later this year.
"We are excited and ready to ramp up the ADEPT production line here in Largo," said Mark Laureigh, Mikros Director of Operations. "Having served in the U.S. Navy maintaining and operating an AN/SPY-1 radar system, I know full well the current value and future potential ADEPT brings to our sailors. We are proud for each opportunity we have to serve the men and women of our armed forces."
The Mikros Systems Manufacturing and Depot Center in Largo, Florida was established in 2009 to manufacture and provide sustainment and logistics support for the ADEPT system. The center has produced and delivered over 200 systems to the U.S. Navy and provides continuing life-cycle support for the systems including, calibration, repair, and training.
For more information on Mikros Systems' manufacturing capabilities, please visit the Mikros Systems website: http://www.mikrossystems.com.
Mikros Systems Corporation is an advanced technology company specializing in the research and development of electronic systems technology primarily for military applications. Classified by the U.S. Department of Defense as a small business, its capabilities include technology management, electronic systems engineering and integration, radar systems engineering, command, control, communications, computers and intelligence systems engineering, and communications engineering. Mikros' primary business is to pursue and obtain contracts from the Department of Homeland Security, U.S. Navy, and other governmental authorities. For more information on Mikros, please visit: www.mikrossystems.com.
Important Information about Forward-Looking Statements
All statements in this news release other than statements of historical facts are forward-looking statements which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Such statements are not guarantees of future performance or events and are subject to known and unknown risks and uncertainties that could cause the Company's actual results, events or financial positions to differ materially from those included within or implied by such forward-looking statements. Such factors include, but are not limited to, changes in business conditions, a decline or redirection of the U.S. Defense budget, significant delays or reductions in appropriations for our projects, the termination of any contracts with the U.S. Government, changes in our sales strategy and product development plans, changes in the marketplace, continued services of our executive management team, our limited marketing experience, competition between us and other companies seeking SBIR grants, competitive pricing pressures, market acceptance of our products under development, delays in the development of products, our ability to adequately integrate our new software offerings into our business model, statements of assumption underlying any of the foregoing, and other factors disclosed in our annual report on Form 10-K for the year ended December 31, 2015 and other filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, we undertake no obligation to disclose any revision to these forward-looking statements.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/mikros-announces--11-million-navy-production-order-for-adept-advanced-maintenance-systems-300406809.html
SOURCE Mikros Systems Corporation
https://rt.prnewswire.com/rt.gif?NewsItemId=PH11577&Transmission_Id=201702140700PR_NEWS_USPR_____PH11577&DateId=20170214
Public Announcement Today:
Mikros Announces $ 1.1 Million Navy Production Order for ADEPT Advanced Maintenance Systems
7:00 am ET February 14, 2017 (PR Newswire) Print
Mikros Systems Corporation (OTCQB: MKRS) announced today that it has received the first Delivery Order under its recent multi-year $35M contract with the Naval Surface Warfare Center in Crane, IN.
http://photos.prnewswire.com/prnvar/20120601/PH16889LOGO
The order covers eleven new production deliveries of Mikros' Adaptive Diagnostic Electronic Portable Testset (ADEPT) and is valued at $1.1M. The ADEPT units will be produced at the Mikros Manufacturing and Depot Center in Largo, FL and be delivered to the Navy later this year.
"We are excited and ready to ramp up the ADEPT production line here in Largo," said Mark Laureigh, Mikros Director of Operations. "Having served in the U.S. Navy maintaining and operating an AN/SPY-1 radar system, I know full well the current value and future potential ADEPT brings to our sailors. We are proud for each opportunity we have to serve the men and women of our armed forces."
The Mikros Systems Manufacturing and Depot Center in Largo, Florida was established in 2009 to manufacture and provide sustainment and logistics support for the ADEPT system. The center has produced and delivered over 200 systems to the U.S. Navy and provides continuing life-cycle support for the systems including, calibration, repair, and training.
For more information on Mikros Systems' manufacturing capabilities, please visit the Mikros Systems website: http://www.mikrossystems.com.
Mikros Systems Corporation is an advanced technology company specializing in the research and development of electronic systems technology primarily for military applications. Classified by the U.S. Department of Defense as a small business, its capabilities include technology management, electronic systems engineering and integration, radar systems engineering, command, control, communications, computers and intelligence systems engineering, and communications engineering. Mikros' primary business is to pursue and obtain contracts from the Department of Homeland Security, U.S. Navy, and other governmental authorities. For more information on Mikros, please visit: www.mikrossystems.com.
Important Information about Forward-Looking Statements
All statements in this news release other than statements of historical facts are forward-looking statements which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Such statements are not guarantees of future performance or events and are subject to known and unknown risks and uncertainties that could cause the Company's actual results, events or financial positions to differ materially from those included within or implied by such forward-looking statements. Such factors include, but are not limited to, changes in business conditions, a decline or redirection of the U.S. Defense budget, significant delays or reductions in appropriations for our projects, the termination of any contracts with the U.S. Government, changes in our sales strategy and product development plans, changes in the marketplace, continued services of our executive management team, our limited marketing experience, competition between us and other companies seeking SBIR grants, competitive pricing pressures, market acceptance of our products under development, delays in the development of products, our ability to adequately integrate our new software offerings into our business model, statements of assumption underlying any of the foregoing, and other factors disclosed in our annual report on Form 10-K for the year ended December 31, 2015 and other filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, we undertake no obligation to disclose any revision to these forward-looking statements.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/mikros-announces--11-million-navy-production-order-for-adept-advanced-maintenance-systems-300406809.html
SOURCE Mikros Systems Corporation
$MKRS NEWS:
Mikros Systems Corp., Princeton, New Jersey, is being awarded a $35,157,851 Small Business Innovation Research Phase III, firm-fixed-price, cost-plus fixed-fee, indefinite-delivery/indefinite-quantity contract in support of Adaptive Diagnostic Electronic Portable Test Sets. The Adaptive Diagnostic Electronic Portable Test Set combines three pieces of general purpose electronic test equipment (an oscilloscope, a digital multimeter, and a digitizer) into a single test box to perform maintenance on multiple military radar systems. Efforts include engineering and technical services, logistics services, data management, production of Adaptive Diagnostic Electronic Portable Test Set kits and spares, training, calibration and repairs. Work will be performed in Largo, Florida (50 percent); and Fort Washington, Pennsylvania (50 percent), and is expected to be completed by January 2022. Fiscal 2016 other procurement (Navy) funds in the amount of $1,071,477 will be obligated at time of award and will expire at the end of fiscal year 2018. This contract was not competitively procured in accordance with 10 U.S. Code 2304(c)(1). The Naval Surface Warfare Center Crane, Crane, Indiana, is the contracting activity (N00164-17-D-WP00).
https://www.defense.gov/News/Contracts/Contract-View/Article/1072455
$MKRS Contract News with limited distribution so far:
Mikros Systems Corp., Princeton, New Jersey, is being awarded a $35,157,851 Small Business Innovation Research Phase III, firm-fixed-price, cost-plus fixed-fee, indefinite-delivery/indefinite-quantity contract in support of Adaptive Diagnostic Electronic Portable Test Sets. The Adaptive Diagnostic Electronic Portable Test Set combines three pieces of general purpose electronic test equipment (an oscilloscope, a digital multimeter, and a digitizer) into a single test box to perform maintenance on multiple military radar systems. Efforts include engineering and technical services, logistics services, data management, production of Adaptive Diagnostic Electronic Portable Test Set kits and spares, training, calibration and repairs. Work will be performed in Largo, Florida (50 percent); and Fort Washington, Pennsylvania (50 percent), and is expected to be completed by January 2022. Fiscal 2016 other procurement (Navy) funds in the amount of $1,071,477 will be obligated at time of award and will expire at the end of fiscal year 2018. This contract was not competitively procured in accordance with 10 U.S. Code 2304(c)(1). The Naval Surface Warfare Center Crane, Crane, Indiana, is the contracting activity (N00164-17-D-WP00).
https://www.defense.gov/News/Contracts/Contract-View/Article/1072455
Great news! Hopefully, there will be wider dissemination soon.
Since we haven't seen this level of buying and price activity since the jump in September and the 10K isn't due until the end of March, it looks like "random, non-insider, investors" might be "thinking" something must be up.
Hopefully, someone at SYTE can convince prospective investors all the new dilution has a solid and potentially profitable purpose.
There are some interesting filings (form 4) yesterday by Jeffrey Moore, Keith Smith, and Arquitos Capital Partners, LP. I'm not sure what it means, but the amounts of stock involved are quite significant.
https://www.sec.gov/cgi-bin/browse-edgar?CIK=0001096934&action=getcompany
DEFINITION of 'Confidential Treatment Order - CTO'
An order that provides confidential treatment for certain documents and information, that a company would otherwise have to file. A confidential treatment order (CTO) is issued by the Securities and Exchange Commission (SEC) and may only be in effect for a certain period of time, rather than indefinitely.
Companies would typically seek a CTO in order to keep information that would otherwise put it at a disadvantage, a secret. For example, a company may apply for such an order to keep information regarding a pricing arrangement made with a partner, secret, since competitors finding out this information may go after the partner with a more competitive price.
Read more: Confidential Treatment Order - CTO Definition | Investopedia http://www.investopedia.com/terms/c/confidential-treatment-order.asp#ixzz4WuEa7U6z
Presentation tomorrow at 11:00 AM Eastern. Register at http://www.cannawebcast.com/
https://www.heliospectra.com/blog/heliospectra-present-cannabis-investor-webcast-january-26-2017
Forgotten, but not gone. (62,602 shares traded yesterday)
Funny how the bid is .0151 and someone sells at 0.01. How is that even possible? Things that make you go hmmmmmm.
A massive $10 trade went through for .01/share at the open.
I think we might see some funding of existing military contracts after Trump is sworn in, but who the heck knows after all these many years.
If there are any other long-suffering shareholders still alive, please note there is some nibbling going on today.
Aurora Cannabis expanding to Edmonton International Airport
http://www.bnn.ca/aurora-cannabis-expanding-to-edmonton-international-airport-1.632748
The distribution was credited to my brokerage account on 12/12 after I inquired. Thanks for the heads-up!
It's interesting we are returning to the 1.20 range with HLSPY today. I assume it must have something to do with the recently closed offering.
http://ir.heliospectra.com/en/news/
"Corporate Action"
"Your recent order(s) for trading symbol LGCUD has been canceled because that company has reported a corporate action. Corporate actions can include splits, dividend payments, symbol changes, and other events that may affect shares of the security. In many cases orders are simply adjusted to reflect a corporate action; but depending on the nature of the action or the type of order, it is sometimes necessary to cancel orders.*
$LGCUF Anyone know why we don't seem to be trading right now?
$ACBFF
Aurora Begins Construction on 800,000 Square Foot "Aurora Sky" Expansion
Canada NewsWire
World's Largest, Most Advanced, Automated Cannabis Production Facility Strategically Located in Leduc County, Alberta
TSXV: ACB
VANCOUVER, Nov. 30, 2016 /CNW/ - Aurora Cannabis Inc. (the "Company" or "Aurora") (TSXV: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) is pleased to announce that it has broken ground, and initiated construction on an unprecedented 800,000 square foot production facility. To be known as "Aurora Sky", the new hybrid greenhouse facility, with a footprint larger than 16 football fields, is expected, on completion, to be the largest, most advanced and most automated cannabis production facility in the world. Situated on 30 acres of leased land in Leduc County, Alberta, management anticipates Aurora Sky to be capable of producing in excess of 100,000 kilograms of high quality, low cost cannabis per year. The location of the new facility provides unrivaled access to transportation, industrial infrastructure, power, water, gas, and courier services.
The Company, which currently operates a 55,200 square foot purpose-built facility in Mountain View County, Alberta, has selected a closed-system, hybrid greenhouse concept of Dutch design for the expansion. This system will give Aurora's cultivation specialists precision control over all critical environmental variables to ensure production quality is consistent with the Aurora Standard. The high level of automation at Aurora Sky, management believes, will provide for ultra-low per-gram cost of production. In addition, the modular nature of the design will allow for a rapid construction process, minimizing the risk of potential delays, with completion of the new facility targeted for October of 2017. Construction of the facility's pre-engineered structure has been underway in the Netherlands since October, 2016.
Massive Scale, High Quality, Low Cost Production
"Our objectives are very clear: to build the largest production capacity, with the highest production quality and the lowest production cost," said Steve Dobler, P. Eng., President. "We spent the past year evaluating and selecting the world's best design concept for cannabis production on a massive scale. We are confident that the Aurora Sky project will achieve all of our key objectives, and further establish Aurora as an innovator and world leader in the cannabis sector."
World-leading Design and Supply Partners
The Aurora Sky project team includes designers and suppliers with impressive track records from the very best greenhouse projects around the world, collectively holding several patents and protected design integration techniques, including Larssen Ltd, KUBO, Verkade, PDI, PB Tech, Codema and PRIVA.
Design features of the Aurora Sky project include:
Forced air, bottom-fed positive pressure grow facility with supplemental sun through a specialized glass roof, optimizing micromole levels for cannabis health and yield.
The latest in anti-reflective and diffusion glass technologies resulting in greatly reduced fan leaf shadows.
Meticulously placed glass in a 4-sided rubber gasket system, minimizing heat and CO2 loss, while eliminating odor escape.
Self-cleaning glass with snow melt technology, providing 365-day optimum supplemental sun.
All steel in facility will be white powder coated for maximum reflection and GMP compliant cleanliness.
A separated condensation system to remove humidity issues common to cannabis growth.
Exterior walls with the optimum combination of insulation and light penetration.
Rainwater harvest and full re-use technology with the latest UV and mechanical filtration technology.
Unique heating and cooling systems for climate uniformity, which balance temperature, air flow and humidity to avoid vapour pressure deficits.
Double, self-adjusting, wire driven screens for maximum energy savings, plant protection and 99.9% effective blackout.
Highly flexible, component-based, multiple-stage water filtration, irrigation and nutrient delivery with full recirculation and cultivar-specific feeding systems.
Electronic, automated climate control.
Full "seed-to-sale" tracking systems.
Fully automated, mobile platform growing system ensuring plants are positioned optimally for climate, irrigation, light, and growth at all stages.
Deployment of cranes and conveyors throughout the facility, providing efficiency and a safe work environment for employees.
Latest lighting technology with hybrid HPS and LED installation.
Establishment of the world's first industrial scale Plant Tissue Culture process specific to cannabis.
Additional Expansion Proposed at Mountain View County Location
Concurrent with construction of Aurora Sky, the Company will be proposing a significant, additional production and processing expansion at its existing location near the Village of Cremona, in Mountain View County. On November 23, 2016, after four months of discussions, community engagement and four public meetings hosted by Aurora, the municipal Council of Mountain View County approved a re-designation of Aurora's current property as a Direct Control District, allowing for the option to expand, subject to Council approval of development plans.
The proposed Mountain View County expansion, would be devoted, in part, to the establishment of a centre of excellence for the propagation of cannabis starting materials for the Leduc County greenhouse and Health Canada licensed home growers. It will also allow for additional cultivation of high-demand medical cannabis strains, large scale expansion of Aurora's processing of cannabis oils and other derivative products, as well as high-technology upgrades to the Company's packaging operations.
"It is important to us that we expand responsibly in Mountain View County, where the Aurora story began," said Terry Booth, CEO. "Having now received re-designation approval from Council, we will continue with plans to increase and enhance our presence in the County, with additional investment, employment and economic development. Our rate of growth, with rapidly increasing demand for Aurora's high quality cannabis products, clearly justifies our expansion in both Mountain View County and Leduc County. The Aurora story, and our contribution to the Alberta economy, will now continue to evolve in at least two jurisdictions in this province."
About Aurora
Aurora's wholly-owned subsidiary, Aurora Cannabis Enterprises Inc., is a licensed producer of medical cannabis pursuant to Health Canada's Access to Cannabis for Medical Purposes Regulations (ACMPR) and operates a 55,200 square foot, expandable, state-of-the-art production facility in Mountain View County, Alberta, Canada. Aurora trades on the TSX Venture Exchange under the symbol "ACB".
On behalf of the Board of Directors,
AURORA CANNABIS INC.
Terry Booth
CEO
This news release contains certain "forward-looking statements" within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
The TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Aurora Cannabis Inc.
Copyright © 2016 PR Newswire. All Rights Reserved
http://www.otcmarkets.com/stock/ACBFF/news/Aurora-Begins-Construction-on-800-000-Square-Foot--quot-Aurora-Sky-quot--Expansion?id=145934&b=y
$ACBFF Liquidity and Capital Resources
As at September 30, 2016, working capital was $23.2 million, as compared to a deficiency of $2.8 million as at June 30, 2016. The $26.0 million increase in working capital was primarily attributable to an increase in cash and cash equivalents of $23.9 million, offset partially by a decrease in short term loans of $4.4 million.
The increase in cash balance was attributable to the successful completion of a number of financing initiatives, as follows:
$23 million in completed brokered subscription receipt equity financing;
$15 million in completed private placement of 10% unsecured convertible debentures; and
Additionally, the Company generated approximately $2.8 million in additional gross cash proceeds from exercise of warrants, stock and compensation options. The increase in cash and cash equivalents generated from financings was offset partially by net cash used for operations of $0.9 million and investments of $4.0 million.
Subsequent to quarter-end, the Company generated approximately $34 million in new financings as follows:
$25 million in completed brokered private placement of 8% unsecured convertible debentures; and
Receipts of approximately $9 million from the exercise of warrants, stock options and compensation options/warrants.
Presently, approximately $30 million in potential additional gross cash proceeds remain available from the exercise of warrants, stock options and compensation options/warrants.
Details of the capital initiatives described above can be found in the Company's filings on www.sedar.com
http://www.otcmarkets.com/stock/ACBFF/news/Aurora-Announces-Q1-2017-Results?id=145926&b=y
$ACBFF Aurora Announces Q1 2017 Results
Canada NewsWire
VANCOUVER, Nov. 29, 2016 /CNW/ - Aurora Cannabis Inc. (the "Company" or "Aurora") (TSXV: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) today announced its financial and operational results for the quarter ended September 30, 2016.
Operational Highlights and Recent Developments Subsequent to Q1 2017
Aurora further strengthened its balance sheet with a current cash position of approximately $50 million, an increase since September 30, 2016 resulting from approximately $34 million in new equity and debt financings;
Announced plans to construct a new 600,000 square foot state-of-the-art facility (subsequently increased to at least 650,000 square foot), increasing total production capacity to more than 70,000 kg annually. Management believes the state-of-the-art nature of the new facility will contribute to significant savings in production costs on a per gram basis;
10,800 active registered patients as at November 28, 2016, reflecting what management believes is the fastest patient registration rate in the industry after commencement of commercial operations;
Achieved new sales milestones:
Continued sales pace in excess of $1 million per month
November, 2016 on track to be record month, with product sales projected in excess of 200 kilograms and gross revenue in excess of $1.6 million
Achieved a seven-day sales record between November 18 and 24, 2016, with more than 62 kilograms sold over that period
Aurora well positioned for the future with approximately $30 million in additional gross cash proceeds remain available from remaining warrants, stock options and compensation options/warrants;
Converted $15 million of 10% convertible debentures into common shares.
Migrated listing from CSE to TSX-V, which the Company anticipates will increase liquidity and its potential investor audience;
Further strengthened board governance with the appointment of Michael Singer as Chairman of the board and the appointment of Joseph Del Moral and Barry Fishman as members of the board;
Appointed Cam Battley as Executive Vice President;
Began establishment of onsite analytical laboratory, to accelerate product time to market and increase sales capacity;
CanvasRx currently exceeds 13,000 registered patients, including more than 2,500 patients registered with Aurora as of today, representing a growth in patient registration in excess of 30% since being acquired by Aurora;
http://www.otcmarkets.com/stock/ACBFF/news/Aurora-Announces-Q1-2017-Results?id=145926&b=y
$ACBFF
Aurora Begins Construction on 800,000 Square Foot "Aurora Sky" Expansion
Canada NewsWire
World's Largest, Most Advanced, Automated Cannabis Production Facility Strategically Located in Leduc County, Alberta
TSXV: ACB
VANCOUVER, Nov. 30, 2016 /CNW/ - Aurora Cannabis Inc. (the "Company" or "Aurora") (TSXV: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) is pleased to announce that it has broken ground, and initiated construction on an unprecedented 800,000 square foot production facility. To be known as "Aurora Sky", the new hybrid greenhouse facility, with a footprint larger than 16 football fields, is expected, on completion, to be the largest, most advanced and most automated cannabis production facility in the world. Situated on 30 acres of leased land in Leduc County, Alberta, management anticipates Aurora Sky to be capable of producing in excess of 100,000 kilograms of high quality, low cost cannabis per year. The location of the new facility provides unrivaled access to transportation, industrial infrastructure, power, water, gas, and courier services.
The Company, which currently operates a 55,200 square foot purpose-built facility in Mountain View County, Alberta, has selected a closed-system, hybrid greenhouse concept of Dutch design for the expansion. This system will give Aurora's cultivation specialists precision control over all critical environmental variables to ensure production quality is consistent with the Aurora Standard. The high level of automation at Aurora Sky, management believes, will provide for ultra-low per-gram cost of production. In addition, the modular nature of the design will allow for a rapid construction process, minimizing the risk of potential delays, with completion of the new facility targeted for October of 2017. Construction of the facility's pre-engineered structure has been underway in the Netherlands since October, 2016.
Massive Scale, High Quality, Low Cost Production
"Our objectives are very clear: to build the largest production capacity, with the highest production quality and the lowest production cost," said Steve Dobler, P. Eng., President. "We spent the past year evaluating and selecting the world's best design concept for cannabis production on a massive scale. We are confident that the Aurora Sky project will achieve all of our key objectives, and further establish Aurora as an innovator and world leader in the cannabis sector."
World-leading Design and Supply Partners
The Aurora Sky project team includes designers and suppliers with impressive track records from the very best greenhouse projects around the world, collectively holding several patents and protected design integration techniques, including Larssen Ltd, KUBO, Verkade, PDI, PB Tech, Codema and PRIVA.
Design features of the Aurora Sky project include:
Forced air, bottom-fed positive pressure grow facility with supplemental sun through a specialized glass roof, optimizing micromole levels for cannabis health and yield.
The latest in anti-reflective and diffusion glass technologies resulting in greatly reduced fan leaf shadows.
Meticulously placed glass in a 4-sided rubber gasket system, minimizing heat and CO2 loss, while eliminating odor escape.
Self-cleaning glass with snow melt technology, providing 365-day optimum supplemental sun.
All steel in facility will be white powder coated for maximum reflection and GMP compliant cleanliness.
A separated condensation system to remove humidity issues common to cannabis growth.
Exterior walls with the optimum combination of insulation and light penetration.
Rainwater harvest and full re-use technology with the latest UV and mechanical filtration technology.
Unique heating and cooling systems for climate uniformity, which balance temperature, air flow and humidity to avoid vapour pressure deficits.
Double, self-adjusting, wire driven screens for maximum energy savings, plant protection and 99.9% effective blackout.
Highly flexible, component-based, multiple-stage water filtration, irrigation and nutrient delivery with full recirculation and cultivar-specific feeding systems.
Electronic, automated climate control.
Full "seed-to-sale" tracking systems.
Fully automated, mobile platform growing system ensuring plants are positioned optimally for climate, irrigation, light, and growth at all stages.
Deployment of cranes and conveyors throughout the facility, providing efficiency and a safe work environment for employees.
Latest lighting technology with hybrid HPS and LED installation.
Establishment of the world's first industrial scale Plant Tissue Culture process specific to cannabis.
Additional Expansion Proposed at Mountain View County Location
Concurrent with construction of Aurora Sky, the Company will be proposing a significant, additional production and processing expansion at its existing location near the Village of Cremona, in Mountain View County. On November 23, 2016, after four months of discussions, community engagement and four public meetings hosted by Aurora, the municipal Council of Mountain View County approved a re-designation of Aurora's current property as a Direct Control District, allowing for the option to expand, subject to Council approval of development plans.
The proposed Mountain View County expansion, would be devoted, in part, to the establishment of a centre of excellence for the propagation of cannabis starting materials for the Leduc County greenhouse and Health Canada licensed home growers. It will also allow for additional cultivation of high-demand medical cannabis strains, large scale expansion of Aurora's processing of cannabis oils and other derivative products, as well as high-technology upgrades to the Company's packaging operations.
"It is important to us that we expand responsibly in Mountain View County, where the Aurora story began," said Terry Booth, CEO. "Having now received re-designation approval from Council, we will continue with plans to increase and enhance our presence in the County, with additional investment, employment and economic development. Our rate of growth, with rapidly increasing demand for Aurora's high quality cannabis products, clearly justifies our expansion in both Mountain View County and Leduc County. The Aurora story, and our contribution to the Alberta economy, will now continue to evolve in at least two jurisdictions in this province."
About Aurora
Aurora's wholly-owned subsidiary, Aurora Cannabis Enterprises Inc., is a licensed producer of medical cannabis pursuant to Health Canada's Access to Cannabis for Medical Purposes Regulations (ACMPR) and operates a 55,200 square foot, expandable, state-of-the-art production facility in Mountain View County, Alberta, Canada. Aurora trades on the TSX Venture Exchange under the symbol "ACB".
On behalf of the Board of Directors,
AURORA CANNABIS INC.
Terry Booth
CEO
This news release contains certain "forward-looking statements" within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
The TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Aurora Cannabis Inc.
Copyright © 2016 PR Newswire. All Rights Reserved
http://www.otcmarkets.com/stock/ACBFF/news/Aurora-Begins-Construction-on-800-000-Square-Foot--quot-Aurora-Sky-quot--Expansion?id=145934&b=y
Liquidity and Capital Resources
$ACBFF
As at September 30, 2016, working capital was $23.2 million, as compared to a deficiency of $2.8 million as at June 30, 2016. The $26.0 million increase in working capital was primarily attributable to an increase in cash and cash equivalents of $23.9 million, offset partially by a decrease in short term loans of $4.4 million.
The increase in cash balance was attributable to the successful completion of a number of financing initiatives, as follows:
$23 million in completed brokered subscription receipt equity financing;
$15 million in completed private placement of 10% unsecured convertible debentures; and
Additionally, the Company generated approximately $2.8 million in additional gross cash proceeds from exercise of warrants, stock and compensation options. The increase in cash and cash equivalents generated from financings was offset partially by net cash used for operations of $0.9 million and investments of $4.0 million.
Subsequent to quarter-end, the Company generated approximately $34 million in new financings as follows:
$25 million in completed brokered private placement of 8% unsecured convertible debentures; and
Receipts of approximately $9 million from the exercise of warrants, stock options and compensation options/warrants.
Presently, approximately $30 million in potential additional gross cash proceeds remain available from the exercise of warrants, stock options and compensation options/warrants.
Details of the capital initiatives described above can be found in the Company's filings on www.sedar.com
http://www.otcmarkets.com/stock/ACBFF/news/Aurora-Announces-Q1-2017-Results?id=145926&b=y
$ACBFFLiquidity and Capital Resources
As at September 30, 2016, working capital was $23.2 million, as compared to a deficiency of $2.8 million as at June 30, 2016. The $26.0 million increase in working capital was primarily attributable to an increase in cash and cash equivalents of $23.9 million, offset partially by a decrease in short term loans of $4.4 million.
The increase in cash balance was attributable to the successful completion of a number of financing initiatives, as follows:
$23 million in completed brokered subscription receipt equity financing;
$15 million in completed private placement of 10% unsecured convertible debentures; and
Additionally, the Company generated approximately $2.8 million in additional gross cash proceeds from exercise of warrants, stock and compensation options. The increase in cash and cash equivalents generated from financings was offset partially by net cash used for operations of $0.9 million and investments of $4.0 million.
Subsequent to quarter-end, the Company generated approximately $34 million in new financings as follows:
$25 million in completed brokered private placement of 8% unsecured convertible debentures; and
Receipts of approximately $9 million from the exercise of warrants, stock options and compensation options/warrants.
Presently, approximately $30 million in potential additional gross cash proceeds remain available from the exercise of warrants, stock options and compensation options/warrants.
Details of the capital initiatives described above can be found in the Company's filings on www.sedar.com
http://www.otcmarkets.com/stock/ACBFF/news/Aurora-Announces-Q1-2017-Results?id=145926&b=y
$ACBFF Aurora Announces Q1 2017 Results
Canada NewsWire
VANCOUVER, Nov. 29, 2016 /CNW/ - Aurora Cannabis Inc. (the "Company" or "Aurora") (TSXV: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) today announced its financial and operational results for the quarter ended September 30, 2016.
Operational Highlights and Recent Developments Subsequent to Q1 2017
Aurora further strengthened its balance sheet with a current cash position of approximately $50 million, an increase since September 30, 2016 resulting from approximately $34 million in new equity and debt financings;
Announced plans to construct a new 600,000 square foot state-of-the-art facility (subsequently increased to at least 650,000 square foot), increasing total production capacity to more than 70,000 kg annually. Management believes the state-of-the-art nature of the new facility will contribute to significant savings in production costs on a per gram basis;
10,800 active registered patients as at November 28, 2016, reflecting what management believes is the fastest patient registration rate in the industry after commencement of commercial operations;
Achieved new sales milestones:
Continued sales pace in excess of $1 million per month
November, 2016 on track to be record month, with product sales projected in excess of 200 kilograms and gross revenue in excess of $1.6 million
Achieved a seven-day sales record between November 18 and 24, 2016, with more than 62 kilograms sold over that period
Aurora well positioned for the future with approximately $30 million in additional gross cash proceeds remain available from remaining warrants, stock options and compensation options/warrants;
Converted $15 million of 10% convertible debentures into common shares.
Migrated listing from CSE to TSX-V, which the Company anticipates will increase liquidity and its potential investor audience;
Further strengthened board governance with the appointment of Michael Singer as Chairman of the board and the appointment of Joseph Del Moral and Barry Fishman as members of the board;
Appointed Cam Battley as Executive Vice President;
Began establishment of onsite analytical laboratory, to accelerate product time to market and increase sales capacity;
CanvasRx currently exceeds 13,000 registered patients, including more than 2,500 patients registered with Aurora as of today, representing a growth in patient registration in excess of 30% since being acquired by Aurora;
http://www.otcmarkets.com/stock/ACBFF/news/Aurora-Announces-Q1-2017-Results?id=145926&b=y
The good news: ESFS up 120% on the day!
The bad news: on volume of 280 shares (LOL)