Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Nice volume so far today!
Big win!
May 21, 2010: Naturally Advanced Technologies Raises $1.4 Million
PORTLAND, OR, May 21, 2010 - Naturally Advanced Technologies Inc. (OTCBB: NADVF; TSXV: NAT) (the "Company") closed the non-brokered private placement, announced on May 18th, pursuant to which it has now issued from treasury 1,424,739 units (each a "Unit') of the Company, at a subscription price of $1.00 per Unit, and for gross proceeds of $1,424,739 (the "Private Placement").
Each Unit of the Private Placement is comprised of one common share and one-half of one share purchase warrant (each a "Warrant") of the Company, with each whole Warrant entitling the subscriber thereof to acquire one additional common share (each a "Warrant Share") of the Company at an exercise price of $1.25 per Warrant Share up to and including May 19, 2013.
All Shares issued pursuant to the Private Placement and any Warrant Shares issued in connection with the exercise of any of the Warrants, if any, are subject to a hold period expiring on September 20, 2010, in accordance with the policies of the TSX Venture Exchange and applicable securities laws.
Finder's fees of $59,500 in cash have now been paid in conjunction with the closing of the Private Placement.
Proceeds of the Private Placement will be used to advance the development of the Company's business and for general corporate and working capital purposes.
About Naturally Advanced Technologies Inc.
Naturally Advanced Technologies Inc. is committed to unlocking the potential of renewable and environmentally sustainable biomass resources from hemp and other bast fibers. The Company, through its wholly owned subsidiary, Crailar Fiber Technologies Inc., is developing proprietary technologies for production of bast fibers, cellulose pulp, and their resulting by-products, in collaboration with Canada's National Research Council and the Alberta Research Council. CRAiLAR(r) technology offers cost-effective and environmentally sustainable processing and production of natural, bast fibers such as hemp and flax, resulting in increased performance characteristics for use in textile, industrial, energy, medical and composite material applications. The Company was founded in 1998 as a provider of environmentally friendly, socially responsible clothing and adheres to a "triple bottom line" philosophy, respecting the human rights of employees, the environmental impact of the Company's operations and fiscal responsibility to its shareholders. See www.naturallyadvanced.com
Neither the TSX Venture Exchange Inc. 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.
Forward Looking Statement Disclaimer
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.
Investor Contact
Kirsten Chapman / Cathy Mattison
Lippert / Heilshorn & Associates
415.433.3777
ir@naturallyadvanced.com
Media Contact
Cheryl Roth / Megan Roarty
organicworks PR
212.253.0474
Cheryl@organicworkspr.com
Megan@organicworkspr.com
http://www.naturallyadvanced.com/s/PressReleases.asp?ReportID=400834
April 27, 2010: Naturally Advanced Technologies And Hanesbrands Inc. Enter Into Final Phase Of Jda With Intention To Commercialize Crailar Organic Fibers
PORTLAND, Oregon, (April 27, 2010) - Naturally Advanced Technologies Inc. (NAT, OTCBB: NADVF, TSXV: NAT) and Hanesbrands Inc. (NYSE: HBI) jointly reviewed the results of the CRAiLAR® Organic Fibers spinning trials and have agreed to enter the final stage of their joint development agreement, which is expected to result in a commercialization agreement in the near future.
As announced on Monday, April 19th, NAT completed its full scale commercial processing trials in Germany and replicated the trials at the G.J. Littlewood & Son processing facility in Pennsylvania. Spinning trials, which were conducted at Patrick Yarns in Kings Mountain, NC, verified the commercial quality and volume capabilities of CRAiLAR Organic Fiber to be spun with finer yarn weights blended with 80% cotton and 20% CRAiLAR Organic Fiber.
"The CRAiLAR Organic Fibers trial results exceeded our expectations, and we are eager to move forward to determine the size and scope necessary for volume production," said Mike Faircloth Senior Vice President , Global Supply Chain Support of Hanesbrands Inc. "The impressive characteristics of CRAiLAR Organic Fibers could potentially deliver both economic and environmental benefits to our knit apparel offerings."
Ken Barker, CEO of Naturally Advanced Technologies Inc. stated, "Our successful commercial quality and volume spinning trials have solidified the commercialization potential for CRAiLAR Organic Fibers. We will be working closely with Hanesbrands to conduct a consumer and economic analysis, including the development of a commercially viable supply chain, economic, marketing and branding strategies, which will determine the scale necessary to produce CRAiLAR at commercial levels. Following this analysis, we expect to finalize a commercialization agreement. We are well on our way to achieving full blown production of CRAiLAR in 2010."
Originally announced on August 4, 2009, NAT and Hanesbrands, Inc. entered a multi-phase joint development agreement to commercialize CRAiLAR Organic Fibers, allowing CRAiLAR Organic Fiber technology to be processed for use in commercial apparel knit products made by Hanesbrands.
About Naturally Advanced Technologies Inc.
Naturally Advanced Technologies Inc. is committed to unlocking the potential of renewable and environmentally sustainable biomass resources from hemp and other bast fibers. The company, through its wholly owned subsidiary, Crailar Fiber Technologies Inc., is developing proprietary technologies for production of bast fibers, cellulose pulp, and their resulting by-products, in collaboration with Canada's National Research Council and the Alberta Research Council. Crailar® technology offers cost-effective and environmentally sustainable processing and production of natural, bast fibers such as hemp and flax, resulting in increased performance characteristics for use in textile, industrial, energy, medical and composite material applications. The company was founded in 1998 as a provider of environmentally friendly, socially responsible clothing and adheres to a "triple bottom line" philosophy, respecting the human rights of employees, the environmental impact of the company's operations and fiscal responsibility to its shareholders. See www.naturallyadvanced.com
Neither the TSX Venture Exchange Inc. 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.
Forward Looking Statement Disclaimer
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.
Press Contact:
Megan Roarty
Organicworks PR
212.253.0474
Megan@organicworkspr.com
Investor Contact:
Kirsten Chapman / Cathy Mattison
Lippert / Heilshorn & Associates
415.433.3777
ir@naturallyadvanced.com
http://www.naturallyadvanced.com/s/PressReleases.asp?ReportID=396704
April 19, 2010: Naturally Advanced Technologies Concludes Successful Commercialization Scale Trials in Europe and the USA
Trials Prove Quality and Volume Capabilities of CRAiLAR(tm) Organic Fibers and Expands Applications to Include Tee-Shirts and Finer Gauge Knit Garments
PORTLAND, Oregon, (April 19, 2010) - Naturally Advanced Technologies Inc. (NAT, OTCBB: NADVF, TSXV: NAT) conducted full scale commercial processing trials in Germany, that were then replicated at the G.J. Littlewood & Son processing facility in Pennsylvania. Final verification of the effectiveness of the processing protocols established during the past two months was evident during spinning trials that were successfully concluded last week at Patrick Yarns in Kings Mountain, North Carolina. In addition, these trials have confirmed the effectiveness of the CRAiLAR process on other bast fibers such as flax.
Most importantly, these findings concluded the ability of CRAiLAR Organic Fibers to be spun to commercial grade yarns with counts as high as 20/1 and blends of up to 50% CRAiLAR. The opportunity created by these results will be proven in the commercial quality and volume capabilities of spinning finer yarn weights blended with 80% cotton and 20% CRAiLAR Organic Fiber. The successful spinning expands the commercialization potential for CRAiLAR Organic Fiber blended yarns beyond its current applications to include heavier knits such as socks and fleece to finer knits such as Tee-shirts.
"We are thrilled with our commercialization trial results, which far exceeded our goals and our partners' requirements," stated Ken Barker, CEO of Naturally Advanced Technologies Inc. "2010 has been fruitful. In the first quarter, we conducted full-scale trials using our proposed manufacturing equipment supplier in Germany, while enhancing our agronomic and analytical ability to ensure best crop management practices that have a profound impact on our processing efficiencies. The results fulfill the final milestone needed to negotiate our commercialization agreements. We look forward to continued updates on our progress shortly."
Following the achievement of spinning the 50% cotton and 50% CRAiLAR blend and the newly tested CRAiLAR flax and cotton blend, Patrick Yarns has also found success spinning fibers suitable for everything from carpet to upholstery and denim to outerwear.
"The trials demonstrate a significant breakthrough in environmentally sustainable yarns," said Gilbert Patrick, CEO of Patrick Yarns. "These successful trials continue to open a door of many industry possibilities for apparel and textile yarns."
About Naturally Advanced Technologies Inc.
Naturally Advanced Technologies Inc. is committed to unlocking the potential of renewable and environmentally sustainable biomass resources from hemp and other bast fibers. The company, through its wholly owned subsidiary, Crailar Fiber Technologies Inc., is developing proprietary technologies for production of bast fibers, cellulose pulp, and their resulting by-products, in collaboration with Canada's National Research Council and the Alberta Research Council. Crailar(r) technology offers cost-effective and environmentally sustainable processing and production of natural, bast fibers such as hemp and flax, resulting in increased performance characteristics for use in textile, industrial, energy, medical and composite material applications. The company was founded in 1998 as a provider of environmentally friendly, socially responsible clothing and adheres to a "triple bottom line" philosophy, respecting the human rights of employees, the environmental impact of the company's operations and fiscal responsibility to its shareholders. See www.naturallyadvanced.com
Neither the TSX Venture Exchange Inc. 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.
Forward Looking Statement Disclaimer
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.
Press Contact:
Megan Roarty
Organicworks PR
212.253.0474
Megan@organicworkspr.com
Investor Contact:
Kirsten Chapman / Cathy Mattison
Lippert / Heilshorn & Associates
415.433.3777
ir@naturallyadvanced.com
http://www.naturallyadvanced.com/s/PressReleases.asp?ReportID=395211
The POTential is building...
http://www.cnn.com/2010/LIVING/06/29/medical.marijuana.walmart.lawsuit/index.html?hpt=T2
And the battle continues...
http://www.cnn.com/2010/LIVING/06/29/medical.marijuana.walmart.lawsuit/index.html?hpt=T2
Looks to me like we are winning imo.
Dr. Bob is all over the place.
Robert Melamede, Ph.D., a pioneer in endocannibinoid research, has joined the 420 University Advisory Board. He retired as Chairman of the Biology Department at University of Colorado, Colorado Springs, where he continues to teach. Also joining the Advisory Board is Cheryl Shuman, Executive Director of The Beverly Hills Cannabis Club and Founder of Shaman Therapeutics Cannabis.
"Utilizing uVuMobile's virtual platform makes it easy for people to have access to convenient and affordable career development options that offer superior quality in intellect, talent and technology," said Dr. Melamede, President and CEO of Cannabis Science Inc. "Professionals need access to the most current research and knowledge that can be applied to marijuana science, medicine, and law."
From: http://www.prnewswire.com/news-releases/uvumobile-signs-agreement-with-420-university-to-deliver-live-and-on-demand-continuing-education-seminars-97404574.html
20100629|CBIS|160056|430644|O 37.17%
It is currently dispensaries, they have two. I like the idea of making an umbrella of dispensaries under Cannabis Science. Revenues to get us more revenues! Also FDA process shouldn't be too difficult once they have the funds...the therapeutic index for cannabis will make it extremely easy for it to get through the FDA process combined with the fact CBIS is focusing on PTSD first. Unfortunately this is my last post for today, see you all tomorrow. Great interview!
P.S. I agree with you pump, Dr. Bob is a BAMF.
I know you can listen to it online right after it is done, I am not sure about a live online feed though. I'll keep searching. I am just going to call in unless I can find a live online feed.
#9 on the breakout board. Not too bad either.
Haha ya me too. It has definitely been allowing me to grab alot of cheap shares. Its also like they are creating one giant IOU to be cashed in later. Can't wait for the interview in a couple hours as well...
Seems you have got another winner over here. Congrats!
Looking at the short data and the buy/sell ratio for today, we had pretty much all buys seeing as 579,087 shares were shorts. They keep digging themselves deeper and deeper...
No problem, and I knewww itt!! Here is the data for today:
20100628|CBIS|579087|1200189|O 48.25%.
It seems they will do anything to hold this back, seeing as they are already short millions of shares. We can break them though and what a run that will be! GLTA
Things are looking pretttttyyyyy good across the board imo.
Good to see more people are going to become aware of this stock. I'm thinking there is also more to come this week in terms of a press release, hopefully about the pharmaceutical acquisition they have been working on. We should at least be getting an 8K soon about the Montana acquisition. Three hours until the Dr. Bob interview as well!
The short data today will explain a lot...I can almost guarantee its shorts and not dilution. Why would someone sell their shares to impede a run instead of let it run and then sell them. Makes no sense. Still looks to me like someone is holding it back. We shall see.
Historically they do PR's like these before unloading one with their own progress. I wouldn't doubt a PR with lots of substance over the next couple days. GL all.
Could be a good week for medical marijuana stocks, CBIS is revving up with CMSI. Synergy!
Starting to bottom out perhaps...
8 pm EST I believe.
8 pm EST I believe.
8 pm EST I believe.
No problem and definitely going to cause a nice run as soon as they can't hold it down anymore! Next week could be the week...Dr. Bob's interview on monday and I am hearing rumors of big news. GL!
Here is my short data beginning December 1st through June 25th.
December:
20091201|CBIS|47450|89857|O
20091202|CBIS|78000|131210|O
20091203|CBIS|11200|35870|O
20091204|CBIS|5500|97034|O
20091207|CBIS|3300|42459|O
20091208|CBIS|0|79,260|O
20091209|CBIS|7050|84867|O
20091210|CBIS|8200|72181|O
20091211|CBIS|21030|86723|O
20091214|CBIS|36000|102825|O
20091215|CBIS|53263|119949|O
20091216|CBIS|99554|174209|O
20091217|CBIS|27682|72952|O
20091218|CBIS|43000|147199|O
20091221|CBIS|18550|50920|O
20091222|CBIS|7306|12206|O
20091223|CBIS|24266|60724|O
20091224|CBIS|61510|122600|O
20091228|CBIS|11453|39690|O
20091229|CBIS|21210|57065|O
20091230|CBIS|26423|94108|O
20091231|CBIS|11500|59250|O
Total Volume: 1,833,158
Shares Shorted: 623,447
Short Percent: 34.01%
Days not shorted: 1
January:
20100104|CBIS|10200|68500|O
20100105|CBIS|75528|82028|O
20100106|CBIS|70746|96411|O
20100107|CBIS|104659|148426|O
20100108|CBIS|63061|141850|O
20100111|CBIS|129505|313918|O
20100112|CBIS|367971|614363|O
20100113|CBIS|185199|513837|O
20100114|CBIS|33485|87530|O
20100115|CBIS|99617|164703|O
20100119|CBIS|10867|164443|O
20100120|CBIS|95568|168236|O
20100121|CBIS|55841|142241|O
20100122|CBIS|23384|140438|O
20100125|CBIS|23868|68595|O
20100126|CBIS|16500|111921|O
20100127|CBIS|10700|59886|O
20100128|CBIS|20087|154925|O
20100129|CBIS|12050|40800|O
Total Volume: 3,283,051
Shares Shorted: 1,408,836
Short Percent: 42.91%
Days not shorted: 0
February:
20100201|CBIS|55989|69589|O
20100202|CBIS|7576|49513|O
20100203|CBIS|10356|42878|O
20100204|CBIS|12550|44394|O
20100205|CBIS|60178|94422|O
20100208|CBIS|62000|114880|O
20100209|CBIS|82859|205175|O
20100210|CBIS|109487|306316|O
20100211|CBIS|40835|116908|O
20100212|CBIS|59488|166373|O
20100216|CBIS|65063|184174|O
20100217|CBIS|91200|175073|O
20100218|CBIS|52429|215863|O
20100219|CBIS|40155|153655|O
20100222|CBIS|49741|124235|O
20100223|CBIS|14130|132760|O
20100224|CBIS|22260|94850|O
20100225|CBIS|35160|118122|O
20100226|CBIS|14245|64670|O
Total Volume: 2,473,850
Shares Shorted: 885,701
Short Percent: 35.8%
Days not shorted: 0
March:
20100301|CBIS|48000|239881|O
20100302|CBIS|78020|188688|O
20100303|CBIS|11500|62765|O
20100304|CBIS|75562|159572|O
20100305|CBIS|60090|171856|O
20100308|CBIS|48126|155420|O
20100309|CBIS|30610|160688|O
20100310|CBIS|646351|1383762|O
20100311|CBIS|42425|182884|O
20100312|CBIS|22445|96820|O
20100315|CBIS|19235|98755|O
20100316|CBIS|18330|118023|O
20100317|CBIS|31337|71362|O
20100318|CBIS|9324|72725|O
20100319|CBIS|17000|81204|O
20100322|CBIS|51840|107765|O
20100323|CBIS|39050|64073|O
20100324|CBIS|43307|89804|O
20100325|CBIS|86587|119000|O
20100326|CBIS|66366|138116|O
20100329|CBIS|136941|342481|O
20100330|CBIS|40402|136744|O
20100331|CBIS|18162|128321|O
Total Volume: 4,370,709
Shares Shorted: 1,641,010
Short Percent: 37.55%
Days not shorted: 0
April:
20100401|CBIS|21424|41711|O
20100405|CBIS|49476|139436|O
20100406|CBIS|48493|92608|O
20100407|CBIS|15090|175775|O
20100408|CBIS|4679|66261|O
20100409|CBIS|48200|370237|O
20100412|CBIS|85096|335622|O
20100413|CBIS|87856|344544|O
20100414|CBIS|25178|54373|O
20100415|CBIS|100|76387|O
20100416|CBIS|32511|125403|O
20100419|CBIS|20000|55744|O
20100420|CBISE|86366|170478|O
20100421|CBISE|23964|69207|O
20100422|CBISE|26650|59700|O
20100423|CBISE|39840|138212|O
20100426|CBISE|41027|72540|O
20100427|CBISE|94635|196600|O
20100428|CBISE|4666|119240|O
20100429|CBISE|32500|159140|O
20100430|CBISE|12625|55490|O
Total Volume: 2,918,708
Shares Shorted: 800,376
Short Percent: 27.42%
Days not shorted: 0
May:
20100503|CBISE|200|23492|O
20100504|CBISE|19356|98564|O
20100505|CBISE|27233|104198|O
20100506|CBISE|31370|218063|O
20100507|CBIS|63749|155461|O
20100510|CBIS|40950|144474|O
20100511|CBIS|46900|90155|O
20100512|CBIS|57740|138327|O
20100513|CBIS|171597|449821|O
20100514|CBIS|127365|239696|O
20100517|CBIS|32827|91752|O
20100518|CBIS|40725|60208|O
20100519|CBIS|28179|50520|O
20100520|CBIS|9833|67796|O
20100521|CBIS|240759|319679|O
20100524|CBIS|529047|1168788|O
20100525|CBIS|252465|612240|O
20100526|CBIS|130325|227565|O
20100527|CBIS|46929|98694|O
20100528|CBIS|18122|135635|O
Total Volume: 4,495,128
Shares Shorted: 1,915,671
Short Percent: 42.62%
Days not shorted: 0
June:
20100601|CBIS|58825|204264|O
20100602|CBIS|96330|263255|O
20100603|CBIS|71500|256926|O
20100604|CBIS|66414|154129|O
20100607|CBIS|53000|93250|O
20100608|CBIS|61761|432132|O
20100609|CBIS|49764|157515|O
20100610|CBIS|111638|356827|O
20100611|CBIS|208825|553818|O
20100614|CBIS|177937|493055|O
20100615|CBIS|116951|238467|O
20100616|CBIS|118244|375635|O
20100617|CBIS|300758|650829|O
20100618|CBIS|80407|290104|O
20100621|CBIS|68362|218892|O
20100622|CBIS|72886|193461|O
20100623|CBIS|206392|452640|O
20100624|CBIS|35889|98293|O
20100625|CBIS|317602|617640|O
Total Volume: 6,101,132
Shares Shorted: 2,273,485
Short Percent: 37.26%
Days not shorted: 0
Summary of short data from December 1st to June 25th:
Total Volume: 25,475,736
Shares Shorted: 9,548,526
Short Percent: 37.48%
Days not shorted: 1
Awesome! Also hearing rumors of big news next week.
20100625|CBIS|317602|617640|O 51.42. They are trying soooo hard to hold this baby back. Explosion incoming imo.
My favorite comment by him, "I will post my DD here tomorrow, as I am running out posts today". First of all he has currently posted 3 times, which I am pretty sure the limit is 15. Also pretttty sure we wont be seeing his DD or him tomorrow.
Bashers make me want to buy more, they always seem to come in when the tide is starting to turn.
Great post! The CBIS' board is not a good place to bash imo.
Lol. If you are not bashing with false information then what is your purpose? You people make me laugh. I'll be surprised if you are here tomorrow after your failed attempt.
No one who has been invested in this company for a while really needs to acknowledge your posts imo. Full of misinformation. I started to, then realized it was a waste of time. The more bashers that show up, the sooner I am expecting a run.
I think this upcoming third quarter is when CMSI is going to start bringing in solid revenues and really show their growth in numbers. November is going to be huuuuggeee!