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Tax selling season is over, cheers! Have a happy new year.
Natural Fiber Composites Market to reach $5,838.99 million by 2019
http://beforeitsnews.com/business/2014/12/natural-fiber-composites-market-to-reach-5838-99-million-by-2019-2674412.html
Lots of potential for Crailar. I'll be adding significantly after tax-selling season is over
http://www.scnow.com/news/business/article_3d58e576-80cf-11e4-a9f0-4b75287e945e.html
Perhaps Crailar should sell this plant as they don't even use it and the cash could be very useful.
$50,000 trade @ .25, wondering what that is about. Looks like an open market, share transaction. Why would the company not force someone to buy shares like everyone else, instead of allotting shares at a set price from the A/S. Maybe it was an insider transaction.
Got to love when you are your own accountant or auditor.
Accountant or Auditor
Name: New World Gold Corporation
Firm: New World Gold Corporation
Address 1: 1200 N. Federal Highway, Suite 200
Address 2: Boca Raton, Florida 33432
Phone: (561)210-8496
Email: info@newworldgoldcorp.com
Look at that, more insider buying by Sanders today. Definitely a great long term sign!
I don't know if you have seen this already, but it's worth a watch.
http://www.launch.org/innovators/jay-nalbach
Heard rumors of a Crailar Nike Converse, can't find any pictures though. Have a happy thanksgiving!
Insider buying is always a good sign!
There is a big seller out there, constantly filling orders. It has been going on for a while now. My question is who is it? Are some of the institutional investors cutting losses? Is it dilution? Whomever it is, we continue to head downward until they are done selling shares. No updates looming for the short term to help...might have to hold on tight for a little while.
I'm not too worried about cash flow. We have $5.8M in cash and last quarters net loss was $1.5M. Even without increasing revenues and decreasing costs, our cash position would last us through almost all of next year. I also expect cash flow positive in Q1 and somewhere around $2.4M in revenue this quarter. Who knows, with certain cost reduction we may be only a couple of thousand from break even this quarter
It seems like people are disappointed about missing the 100% revenue growth because of plant inefficiencies. In retrospect I wish the company wouldn't have forecasted so aggressively, it only overshadows the positives of our 70% revenue growth and improved margins. Realistically it was a much improved quarterly only weighted down by excess optimism. Looks like management learned, as I did not hear a revenue forecast for Q4.
On the horizon:
-New CEO
-Dedicated Facility discussions with 2 major customers
-Finalization of current plant upgrades
-Negotiations for cheaper feedstock in 2015
-Large buyer picking up GP Crailar Wipes
I also felt like this CC had more discussion about hemp than previous talks. Cheaper feedstock for hemp compared to flax with a higher price premium is something to really look forward to long term.
Also, I think its quite the learning process for our little company with this first plant. It is important that they really understand how to open and operate this first plant with high levels of efficiency. Once it is understood how it works to the smallest components, it will be easily replicable in opening new plants as demand increases.
I think Crailar is only a couple months away from really turning the corner and climbing back to $1. GLTY
Oh my gosh, I AM SO HAPPY the CEO resigned. Weakest link gone, lets see who we get.
I knew were were going to miss the 1.4M revenue mark when the analyst changed his forecast a little while back, but I think the end of the PR has some great potential. New technologies and dedicated facilities are an exciting addition to the quarterly numbers.
300,000 shares on the bid, someone is loading before the quarterly
Oh wow thank you! I had no idea about the ISSA show, that is great news. I'd say the company should press release more things but perhaps the money is best spent on operations. Anyways that is their best blog post to date, have a great weekend!
Brawny is just a brand of GP's
I think disclosing a Crailar product is worth a release but not mentioning Georgia-Pacific in the headline and in the release is a big mistake in my opinion. This company suffers from a complete lack of awareness and the IR team should be ashamed of themselves. It's about time they do some PR work as they continuously look for financing. Lack of awareness is my #1 issue with them at the moment. That being said, I would rather have a weak PR team over poor operations management. It's just a shame that people aren't even aware of this company as hemp company while that industry is going to be publicly very hot. Some of the cannabis companies have 4x the market cap and they don't even generate revenue. This is hype that the company could use to generate less expensive equity issues. Anyways I'm far more interested in the Q3 numbers as we already knew their product was high in demand. No real new news today, those YouTube videos have been up for nearly a month. Find me another OTC company that is partnered with so many big names with such a small market cap. Those relationships alone should be creating excitement that fuels high market caps and more liquidity. Heck I've seen multiple nutraceutical companies just mention GNC and see market cap infusions of millions. We have so many huge names aligning with us. Adidas, GP, Hanes, Ikea, etc. The company has shown a complete disinterest in satisfying individual investors. I think they have vastly underestimated the purchasing power of individual investors in the OTC market. Albeit an oversight, they do seem to have connections with groups of institutional investors in which this PR is meaningless. It's all about the quarterly reports and conference calls for now. There is a chance we see quite a reduction in operating margins that could be very significant for the models the institutional investors use. It's hard to be quite alone as individual investors here (20 followers as an example), but in the long run the future of this company is brighter than it has ever been. I get a take care of business and the share price will follow mentality from management and we will see if that works out for us after the next quarterly. Double revenues and lower operating margins...fingers crossed.
Also, in no way have they used up the capital from the last round of funding. I could see them doing a really big round of funding in order to restructure the long term debt structure or working on the SC plant, but they should have operating cash for Europe nearly indefinitely as we approach cash flow break even.
Crailar Technologies and Georgia-Pacific
CRAiLAR Technologies' Flax Fibers Introduced into Two Revolutionary New Lines of Sustainable, Bio-degradeable and Compostable Cloths
VICTORIA, Nov. 6, 2014 /PRNewswire/ - CRAiLAR Technologies Inc. (TSXV: CL) (OTCQB: CRLRF), which produces and markets natural and sustainable CRAiLAR® Flax fiber The Friendliest Fiber On The Planetâ„¢, today announced that two new lines of sustainable, bio-degradable and compostable cloths are now available by one of the World's largest manufacturers and suppliers of industrial and commercial paper, packaging, and branded consumer products. Made from CRAiLAR's revolutionary flax fibers, they are available for purchase directly through the supplier's team of dedicated sales representatives, their branded distribution company and outside wholesalers around the world.
This exciting new collection of sustainable cloths for the restaurant and service industry and the industrial sector, are made of 80-85% Flax fiber, a highly sustainable plant that grows with less than 2% of water compared to conventional, irrigated cotton crops. Currently there are 3 weights of each cloth available, all of which carry the CRAiLAR® logo as well as USDA Biobased, BPI® Compostable and Leed® Certifications. Whether you run an independent coffee shop or a regional chain of automotive repair stores, you can now benefit from these all natural, sustainable products.
Ken Barker, CEO, of CRAiLAR Technologies, said, "It is with great pride from our hard-working and dedicated team at CRAiLAR that these truly unique products are available to the market. We believe CRAiLAR® Flax fiber cloths co-branded with one of the largest manufacturers of consumer products in the paper and packaging industry have the potential to transform the way cloth is used in the restaurant and industrial sectors. These sustainable, bio-degradable, compostable products truly represent the next-generation of environmentally friendly products and are vastly superior to anything else in the marketplace." added Barker.
For more information on this amazing innovation please visit the following YouTube site in order to locate a distributor near you.
https://www.youtube.com/watch
About CRAiLAR Technologies Inc.
CRAiLAR Technologies Inc. is focused on bringing cost-effective, sustainable bast fiber-based products to market that are environmentally friendly natural fiber alternatives with equivalent or superior performance characteristics to cotton, wood or fossil-fuel based fibers. The Company's business operations consist primarily of the production of its natural and proprietary CRAiLAR® Flax fibers targeted at the natural yarn and textile industries, as well as the deployment of its CRAiLAR® processing technologies in the cellulose pulp and composites industries.
Safe Harbor Statement
This news release includes certain statements that may be deemed "forward-looking statements". All statements in this news release, other than statements of historical facts, are forward-looking statements. Forward-looking statements or information are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements or information and including, without limitation, risks and uncertainties relating to: any market interruptions that may delay the trading of the Company's shares, technological and operational challenges, needs for additional capital, changes in consumer preferences, market acceptance and technological changes, dependence on manufacturing and material supplies providers, international operations, competition, regulatory restrictions and the loss of key employees. In addition, the Company's business and operations are subject to the risks set forth in the Company's most recent Form 10-K, Form 10-Q and other SEC filings which are available through EDGAR at www.sec.gov. These are among the primary risks we foresee at the present time. The Company assumes no obligation to update the forward-looking statements.
SOURCE Crailar Technologies Inc.
http://www.prnewswire.com/news-releases/crailar-technologies-flax-fibers-introduced-into-two-revolutionary-new-lines-of-sustainable-bio-degradeable-and-compostable-cloths-281743271.html
Why the company didn't mention Georgia-Pacific by name in the PR, I will never know. The YouTube link is also broken if you read the news through investors-hub, so here is the link if anyone needs.
What ever happened to the G.E.A.R. spinoff shares?
I voted against the compensation plan and unlimited shares.
I wish the company would respond in regards to the current share structure. Have you ever heard back from IR?
Unlimited shares...
Has anyone ever heard back from IR? This company is starting to look sketchy.
Every day or two now a couple hundred thousand hitting the bid. I'm sure the investors in the last round of funding are pissed.
Why would they buy shares above .5 and then sell down here for a loss?
Why is the company starting to reek of dilution? Anyone have an updated share structure?
Wish I knew what Genesis was getting paid $7K a month to do. Requested a transcript of Q2 CC three times with no response. Even a simple no would have been better than nothing.
I can't remember if the company gave guidance in the last CC over gross margins. Do you have any idea? Hopefully next quarter is substantially lower than the -54% percent from last quarter. Pretty terrible if the raw material is costing significantly more than our final product!
"During our fiscal year ended December 28, 2013, $1,513,412 (2012 - $1,410,203 and 2011 - $1,274,505) was incurred as remuneration to officers and directors of the Company". You think they could have toned down the compensation until we got cash flow positive. Hopefully they can prove they are worth their salaries by this time next year.
What is the latest on GEAR going public?
I wonder what all this volume is about
Very cool thanks for sharing!
Did I hear the 4th quarter is expected to have a 34% gross margin?
Cash flow positive by the end of the year would be a pretty big deal for the company IMO. I am very excited for the future here as 2015 and beyond look very promising. Didn't they say something in the call about having significant demand to fill for the next five years?
Cash flow positive by the end of the year would be a pretty big deal for the company IMO. I am very excited for the future here as 2015 and beyond look very promising. Didn't they say something in the call about having significant demand to fill for the next five years?
Going to be interesting, fingers crossed that they followed through with some of the things from the last CC.
Does anyone know what is going on with G.E.A.R. nutraceuticals and their plans to go public after spinning off from LVGI?