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WNRC, it is due. And it would be fun for that to go, little volume here is a good sign as it drifts gives a a strong hint od hiddend strength..
Next Tuesday or Wednesday is very key.
The BK judge will approve the Irgovl deal and maybe the Herbal Science deal cancellation. The meeting is next Tuesday at 1:30 Phoenix time. That is key ,in my opinion, because NTRZ will then have the money and approval to announce other deals. Herbal Science will probably be replace with something else and whatever it could be could be huge. Also, as I mentioned before the mention of BDO Seidman as Z's world wide auditors implies NTRZ is going global with something. All we got global now is Irgovel and we survived just fin with BDO Seidman.
New deals could be announced sooner. Corp[orations do not want to sign deals with companies in BK and hopefully many deals will soon be announced. New oil plants or a new nutraceutical/pharm deal could motor the stock.
This is just the beginning today
2 key points about the PR\
First, nutraceuticals and pharma are not in the "About NutraCea" section at the end. This is the second PR in a row that is not mentioned. Yet, NTRZ IS SELLING NUITRACEUTICALS on their website. So, an old rumor comes into play that about the online store that is was said by a NTRZ employee, "We are going to get a new business". It was not said that we are going to get new products. So, I can only deduct NTRZ will get a "New Business" that handles nutra and pharma together, such as a JV with someone, or a sale with licensing fees, preferably as that would get Z cash NOW. But I guess that we got to wait until Dec 7th when the judge approves Irgovel and may HS.
Second a HUMONGOUS clue. Short says " We engaged BDO Seidman LLP as our worldwide auditor firm". This is not new news, so why did Short even put that in. Why do we need them for just Irgovel when we did OK without them for Irgovel for two years? So, one must deduct we are going world wide and not just with nutra/pharma. WOO HOO
I called Schwab and they don't know why the new symbol is not working and the NTRZQ with yesterday's closing bid/ask. They think maybe on the open it corrects, but I doubt it. We'll see
PR on bankruptcy exit now out as well.
PHOENIX, Dec. 1, 2010 /PRNewswire-FirstCall/ -- NutraCea (Pink Sheets:NTRZ.pk - News), a world leader in production and utilization of stabilized rice bran (SRB), rice bran oil (RBO) and their derivative products, today announced that the Company has emerged from Chapter 11 bankruptcy protection effective November 30, 2010. As previously announced, NutraCea filed a voluntary petition under Chapter 11 of the US Bankruptcy Code on November 10, 2009 in order to restructure its operations under court supervised protection. On October 27, 2010 the United States Bankruptcy Court for the District of Arizona entered an order confirming the First Amended Plan of Reorganization (the "Plan") proposed jointly by NutraCea and the Official Unsecured Creditors Committee. The Plan, which provides for full payment of allowed claims, was overwhelmingly supported by the company's creditors.
W. John Short, Chairman and CEO commented, "Over the course of the past year NutraCea has taken full advantage of the opportunities afforded by Chapter 11 of the US Bankruptcy Code to restructure our company and reposition our go-forward businesses. As previously reported, during the past 18 months we sold four non-core assets and used the proceeds to fund our restructuring, pay our DIP lender in full and set aside cash for partial repayment of our unsecured creditors. We have made excellent progress streamlining overheads, reducing debt and increasing profitable sales in our core businesses in the areas of SRB, RBO and related products derived from stabilized rice bran. "
"During that same period, we strengthened our management team with the additions of Dale Belt as CFO and Colin Garner as SVP- Sales. We were able to attract John Quinn to join our Board of Directors as Chairman of the Audit Committee. We engaged BDO Seidman LLP as our worldwide auditor firm. And we settled shareholder class action litigation within D&O policy limits."
"In accordance with the terms of the Plan, we will to begin to make distributions to our creditors by mid-December beginning with the convenience class claimants. Distributions will continue periodically as additional non-core assets are monetized and funds are received from other sources until all allowed claims have been paid in full."
"We are very pleased to have exited Chapter 11 in just over 12 months. On behalf of our entire senior management team and our Board of Directors, I want to offer special thanks to everyone who worked so very hard and supported NutraCea through the restructuring process. This includes all of our employees and directors, our customers who supported us with their continued purchases over the past year, our suppliers who continued to provide credit to the company through the restructuring process and our legal and advisory teams who worked along side us through many long evenings and weekends to help position our company for a successful exit from Chapter 11."
Mr. Short concluded, "We are very excited about the prospects for our company as we emerge from Chapter 11. All of us at NutraCea will be applying even greater energy to take advantage of the significant opportunities that exist for the future growth and profitability of NutraCea."
http://finance.yahoo.com/news/NutraCea-Emerges-From-Chapter-prnews-3203394058.html?x=0&.v=1
NutraCea emerges from bankruptcy
I have been waiting for this. Many deals have not been signed because businesses don't want to sign with a BK company. It might get interesting from here. Some PR's might have to ait until the judge approves the Irgovel deal on December 7th.
http://biz.yahoo.com/e/101201/ntrzq.pk8-k.html
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NUTRACEA EMERGES FROM BANKRUPTCY
Out this morning>>>
http://biz.yahoo.com/e/101201/ntrzq.pk8-k.html
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Congrats Rhino--You have struck it again.
LOCN and WNRC authentic
I am seeing a few hatchet jobs with huge 1 or 2 day spikes and then the rug is pulled from under the chasers. Look at EXBX and LKEN then compare to WNRC and LOCN that look like real market interest and not market maker trickery. We shall see if I'm right. It seems like market top action to me over all, but maybe just whipsawing for a while before the next up leg? Good pennies can be very independent of the over all market.
http://stockcharts.com/h-sc/ui?s=WNRC&p=D&yr=0&mn=6&dy=0&id=p42972609896
http://stockcharts.com/h-sc/ui?s=LOCN&p=D&yr=0&mn=6&dy=0&id=p98099976285
http://stockcharts.com/h-sc/ui?s=EXBX&p=D&yr=0&mn=6&dy=0&id=p58061466729
http://stockcharts.com/h-sc/ui?s=LKEN&p=D&yr=0&mn=6&dy=0&id=p44250585233
GL ALL
SRB XMAS SHOPPING--The gift of life
Help your family and friends and help the stock price by buying XMAS gifts of SRB products. Last year rice bran oil was a big hit in my family and all but one wants more this year for XMAS. The new RiPower Immune Boost is going to be a new gift to some this year from me as well. Word of mouth is the best advertising their ever was and it's it's free. Let's spread the word with XMAS gifts of life--SRB products.
http://www.nutraceaonline.com/
And don't forget our friends at NanaCea and RicePlex that make most of their own products out of our SRB. Patty just updated her site and has many great products. I use her 24/7, Manna and a few other capsules. And Riceplex has a new blockbuster product as well. I got to try their Ultera. Their Strawberry solubles I enjoy as well. Surf their sites for XMAS gifts.
http://nanacea.com/store/
http://www.riceplex.com/index.html
Don't forget to order SRB for yourself as well.
We might get a Herbal Science story out maybe Wednesday and then the next date of interest is Dec 7th when Z meets with the BK judge to approve the Brazil deal. I am not a BK expert at all, but what I pick up on is that the soonest Z exits BK is Dec 8th. But, as I said, I am not BK expert.
Basic introduction to rice bran>>>
http://www.nutracea.com/RiceBranFacts
An outside source>>>
http://www.goodnutritioncenter.com/ricebran.html
Sky Rockets in Flight!!!!!
WNRC will hopefully spike like LOCN did. It's got a nice bull pennant.
LOL EarlyOne--I was about to post
I guess Solae will make big profits or have to reduce prices back, lol.>>>>>>>>>>>>
Solae raises price of soy ingredients
By Caroline Scott-Thomas, 19-Nov-2010
Related topics: Food finance and prices, Financial & Industry, Cereals and bakery preparations, Fats & oils, Meat, fish and savory ingredients, Proteins, non-dairy
Solae has announced that it has raised the price of its soy ingredients globally by seven to nine percent, citing “general inflationary pressure and the current economic environment.”
The company said that there are several specific economic problems facing food manufacturers, including a global producer price index set to rise 4.7 percent in 2010 and predicted to rise at an average rate of 2.7 percent during 2011, meaning that the price of soybeans is likely to rise. In addition, the company said that the producer price index could rise by as much as eight to ten percent in some regions.
Solae’s CEO Torkel Rhenman said in a statement: “Solae is not immune to these economic pressures, and this new pricing is critical to our business and our ability to serve our customers. Solae continues to be in a great position to help customers through these challenges by providing innovative, economical solutions. We are committed to providing high quality, predictable soy ingredients while continuing to invest for future innovation to meet our customers’ needs.”
The company, which provides both genetically modified (GM) and non-GM soy ingredients, also said that continued improvements in biotechnology to boost soybean yields are impacting on its non-GM soy ingredients. As acreage devoted to non-GM soy decreases, price premiums necessarily increase, it said.
Solae said that although it has been able to absorb much of the current inflationary pressure, “price increases are unavoidable” considering current outlooks.
However, the company said earlier this year that interest in sustainable soy has boosted growth for the soybean industry, and it expects further interest in soy-based ingredients.
In terms of environmental impact, soy is thought to be a more carbon efficient protein than beef and dairy production, using less water and energy, for example. The company has said that soy can produce ten times more protein per acre than beef, and five times more than dairy.
"Natural Gas Ready to Explode"..........
So says this two page article>>>
http://www.thestreet.com/_yahoo/story/10930710/1/natural-gas-ready-to-explode.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA
http://dumbfoundedone.files.wordpress.com/2008/03/fart.jpg
Happy Thanksgiving ALL
China to start storing more natural gas...
meaning supplies will be under pressure.>>>
http://www.chinadaily.com.cn/business/2010-11/25/content_11610989.htm
Natural and Healthy here to stay---Kerry
Kerry who just bought Z's baby food and expanded into Asia makes that statement about candy, but it talks from it being and "Ingredient Supplier". And remember that sales VP Colin Garner worked for Kerry in the past.
http://www.confectionerynews.com/Formulation/Natural-and-healthy-confectionery-set-to-stay-says-Kerry
No deal announced ---YET----stay tuned---I hope
Also remember Garner now comes from Premium Ingredients with distribution a network all over the world, except for Antarctica. They have a product list of 565 ingredients and more deals to come after BK and new oil plants in the USA, Europe, So. America and Asia? The demand for DRB is there and totally untapped because on no DRB of NTRZ's quality.
http://www.chembuyersguide.com/partners/premium.html
http://www.bakeryandsnacks.com/Financial/Frozen-bakery-buys-see-Kerry-capitalise-on-Asia-Pacific-growth
WOO HOO ALL
Pizza crust using 20% DRB.......................
10% Increase in Production Yield
9% Reduction in Formulation Cost (parity $/#)
100% More Fiber
15% Reduction in Calories
No Impact on Texture or Baked Weight of Crust
Mild Whole Grain Taste
Minimal Impact on Color
Click on the green bar below the cookies, "Defatted Rice Bran" then click on "Pizza Crust Case Study".
http://www.nutracea.com/FoodIngredients
Happy Thanksgiving All
New Henk Hoogankamp article on the website.
If this does not give you a clue as to the huge potential of NTRZ, not much will.
Click the "Download Article" a little from the top dated 11/24/10
http://www.nutracea.com/RiceBranArticles
WOO HOO ALL
Kerry expands more into Asia..........
Kerry, who bought Z's baby cereal could be a bigger customer than I thought.
http://www.bakeryandsnacks.com/Financial/Frozen-bakery-buys-see-Kerry-capitalise-on-Asia-Pacific-growth
Older acquisition stories for Kerry>>
http://www.foodmanufacture.co.uk/Business-News/Kerry-Group-buys-Springthyme-Oils-for-undisclosed-sum
http://www.foodnavigator.com/Financial-Industry/Kerry-plans-expansion-in-emerging-markets
http://www.dairyreporter.com/Financial/Kerry-ups-forecast-as-H1-beats-expectations
Nothing announced, but Z has ties to Kerry besides the baby food sale, VP of Sales Garner worked for them in the past.
Broke away from the 50 day MA.
http://stockcharts.com/h-sc/ui?s=RJA&p=D&yr=0&mn=6&dy=0&id=p57106265775
A positive rice price story, but rice has a small weight in the average>>>
http://www.bloomberg.com/news/2010-11-24/rice-prices-may-gain-as-thailand-cuts-crop-outlook-on-floods-theera-says.html
African Rice war not over.
http://news.myjoyonline.com/business/201011/56473.asp
Info not posted yet
The hearing on the Irgovel deal is set for 10AM December 7th. I suspect Z will exit BK shortly after. Short and Leo want their bonus.
smokestack--I am in love with those pictures, bottom one especially.
HTDOG, yes we can't make absolute comparisons. But it is the same SEC and bankruptcy with creditors. By the way, the 1/13/11 meeting compares to my point 2 and 3. Also, the SEC and the company worked out SEC concerns and the company filed an amended PPOR and PDS the day before the hearing that incorporated the changes the SEC wanted. This could be done with QSGIQ as well, or it could go worse. Time will tell.
Time line of a comparable bankruptcy.
I just thought you guys might want to see how the real world works in BK with a current ongoing example. This is for your own information, do with it as you please.
1. NTRZQ had their PPPOR ready on June 29th.
2. The court date for approval was August 11th
3. The voting instructions went out on August 11th after approval
4. The ballots deadline was October 5th
5. The ballot report came out October 7th with 108 in favor and 5 objecting and 5 late.
6. Signed confirmation order October 28th.
7. Effective date of the POR November 30th.
8. NTRZQ probably will not exit BK before mid December, even though it is possible November 30th.
Total time is 5 months and the SEC nor anybody else did not object to anything. QSGIQ shareholder by the is 2010 example will have to wait at least 5 more months.
All that information is found here>>>
http://www.nutracea.com/NutraCeaCSRInformation
GL ALL
nsomniyak----I think this Irgovel sale might move BK back to mid December. Short did say at the end of the POR PR that "We will exit BK by the end of the year" There was some wrangling to get the Herbal Science $1,500,000 off the BK and there is a December 10th date with the BK judge. Gnus posted on this this morning at yahoo. But, other things can happen in the meantime. I'd be afraid to trade this stock to pull back. Today was interesting like Friday. In the last 1/2 hour over 100,000 shares were traded. Somebody wants this stock.
A repeat post from after last Decembers shareholder meeting, I talked to two who were there and heard similar, but there could very well be some BS in this>>>>
I was told by people who were at the shareholder meeting themselves that there were peopel there from the Pharma side of the equation. They were told the upside here is beyond tremendous. From what I have learned some of the trials have been done, but BE decided to lavishly furnish a office building instead of paying for the trials. This is money that is owed so we can get the results. I don't know what the exact amount is, but I believe it to be in the six figures. I believe getting this and further info. on this front is a priority on Short's list. I know there is ton of interest in NYC from companies and institutions alike on this front alone.
Some of this has to do with Pharma drugs coming off patent exclusivity. If these companies can tweak their receipe by adding a NTRZ ingredient that changes the formula so to speak they can extend their exclusivity before it goes to generic. This is worth billions to them. I am not a biotech guy so don't quote me on this, but I know enough and I know who is looking. If Ntrz can prove to the world that they can add value on this front it's worth a TON of money to the bottom line. There are many potential applications and avenues to explore within this realm so it should be interesting. I know it is something that BE talked about, but never did anything with. Short,is doing something about it.
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_N/threadview?m=tm&bn=47300&tid=164729&mid=164763&tof=-1&rt=1&frt=2&off=1
nsomniyak--Much more powerful stuff is rumored to be on the way. I don't know if it falls more under the pharma end. NTRZ had a study with aids patients in Israel, but they owe the university money. I believe a powerful Immune product comes out after bills are paid. I also heard through the grapevine that they have a product that compares to Vioxx, but it will be all natural and safe. That would be absolutely huge. Also, I have posted the insulin reduction patent. It can reduce insulin uptake by 50%. My neighbor pays $600 per month for his insulin. That is huge stuff.
But, none of the above can be put out because we owe Herbal Science who is making the products money. The Irgovel sale should give them their money. The new current products seem like aids and preventive products for relatively healthy people. What is coming is product for people with more advanced problems and those will be the money makers.
Pump, nice new product and a supporting negative article about fish oil out this month found by a Yahoo poster as well.>>>
http://health.yahoo.net/rodale/PVN/should-your-fish-oil-pills-be-thrown-back
From slide 14 on the Military Food Power Point Session shows two more NTRZ products to be announced, Glycemic balance in 2 flavors and the New Chapter product Rice Bran Force. Both must have plans to be on the store site as well soon?
I wish they could put PR's out about these.
Here is the Military Food Show, you might have to hunt for it on Tuesday's companies. It is the top link on the condoleezza message. It was a slow open file, but it did open.>>
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56388353
Stone--I was corrected by friends.....
What was a the IFC food show was the crackers you bought, not the cookies I mentioned. Also, my post about "The Cure" is mostly speculation on my part. But, when the deal is closed they will get enough money that can be used to pay off Herbal Science. As to what happens after that is my speculation.
EZmoney, pumpnass and JJZander--Yes a nice day and a reminder that we knew the POR was approved on October 28th on this and Yahoo message boards, yet Short did not PR it until November 2nd. Yet the stock went up a bit before the 2nd. It is possible that Short does not PR this til it's approved, but I sure hope he puts out something.
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Coming Food Riots and Wars over food?
New story and video out today. I just bought more RJA today, after watching this, I may buy more for my long term account.
http://finance.yahoo.com/tech-ticker/why-you-should-be-%22extremely-worried%22-about-china%27s-food-price-inflation-in-china-535638.html?tickers=FXI,POT,MOO,DBA,EEM,DE,MON&sec=topStories&pos=6&asset=&ccode=
AGHAST
Coming Food Riots and Wars over food?
New story and video out today. I just bought more RJA today, after watching this, I may buy more for my long term account.
http://finance.yahoo.com/tech-ticker/why-you-should-be-%22extremely-worried%22-about-china%27s-food-price-inflation-in-china-535638.html?tickers=FXI,POT,MOO,DBA,EEM,DE,MON&sec=topStories&pos=6&asset=&ccode=
AGHAST
Stone
It is in many cereals now, but it is just a tiny ingredient in most, not jammed with SRB packed like the cracker is. They had a cookie at the IFT Food show this summer in August that a friend of mine was at. CEO Short was there talking to her and seemed proud of it and we hope it is going to be a new product. They also had hot dogs there with srb in them and some without for people to taste the difference. It was no contest that the hot dog with SRB tasted better.
I just added to my long term RJA holdings. I hope the support holds here at the 50 day moving average. Food prices will never go to zero.
http://stockcharts.com/h-sc/ui?s=RJA&p=D&yr=0&mn=6&dy=0&id=p22712901925
Gnus, the form dude thinks it will be after December 10th now because they have to go to the BK judge to make sure they don't have to change the POR. No problem expected, just formality, I sure hope so anyway.
My take is that legal briefings in September had a lot of talk about "The Cure" I did not know what that meant. They got Herbal Science somehow removed as a creditor, so not they can pay them before anybody else. Other wise all creditors have to get an equal percentage at once. Now, the Irgovel deal mentions that cash from that can go to Herbal Science.
So, now the word "Cure" might mean that getting HS the $1.5 mil we owe them that then frees up many deals and new products lying in wait and maybe even a big pharma licensing deal with up front money or such. Then that money "Cures" our debts to the other creditors.
I don't know how long all that takes. Hopefully with in days of signing the deal after it's OK'd by the court on Dec 10th or whenever.
Stone, I don't have those crackers in my area. I heard Safeway had them and I was recently in the Denver area and sad,, but the Safeway I was in did not have them.
GL ALL
The useless UN says.............
http://www.world-grain.com/news/news%20home/LexisNexisArticle.aspx?articleid=1306487817
I have trouble believe anything they say after they got caught changing golbal temperature figures.
The UN is below useless, but........
Here is what they are saying. I trust a used car salesman before the UN, however. The UN is part of the Food Crisis problem IMO.
http://www.world-grain.com/news/news%20home/LexisNexisArticle.aspx?articleid=1306487817
thinkingStone, I'm not the best DD guy, especially with the forms. I am maybe just a good assembler of DD and pumper and dreamer.Gnus_hound gets me a lot of posting material as well as that condoleezza, whoever she(he) is. Then I got 3 good science friends that give me many leads and other good DD posters. NTRZ message boards have some really high powered people in many walks of life related to NTRZ products in one way or another. For example we got a poster who is in the alternative medicine department of a hospital chain that is tied to one of the top 10 universities in the USA. The head of of Wolcott Farms posts about the product as he was involved in NTRZ in the early years as well as a poster who was involved in NTRZ's horsefeed in the early years. We get some of the best DD of any food stock, period, amen.
It is a little slow now, but NTRZ message boards have people with more scientific knowledge than many pharma boards. Some of the newbies would really appreciate the potential of this stock if they had been around for the last 4 years. The only thing wrong was a CEO that tried to expand too fast and fudged figures and he had some terrible judgment. SRB will sell itself, just wait for BK to end.
On Krispy Kreme, we need defatted bran from a stabilized rice bran oil plant before they can buy. The DFRB is too light and bulky to ship from Brazil to many countries KKD operates. I hope plans are in the works.
"High purity in biopharmaceuticals"
Nobody from Z management has talked about what condoleezza posted a couple of weeks ago, here it is>>>
The use of rice bran in the fermentation processes in the creation of biofuels
are other unique opportunity areas for Nutracea. The use of rice bran in place
of more costly nitrogen and micronutrients as the feed start material for
microbial growth used in the production of bioethanol has significant efficiency
and economic advantages.
Bran material can also be used as a source of nitrogen and micronutrients in
microbial bioreactors used in the production of enzymes, therapeutic proteins,
organic acids, antibiotics and other pharmaceutical compounds.
Both raw rice bran and defatted rice bran are excellent sources of nitrogen for
these processes
and can effectively replace typical nutrient sources, such as yeast extract, in
the fermentation medium.
Both RB and DRB yielded significantly higher ethanol concentration compared to
YE. This suggests that in those bioprocesses using synthetic glucose to produce
high purity products, such as in biopharmaceuticals and specialty industry
chemicals, RB or DRB can serve as effective nutrient sources to alleviate
downstream processing cost."
....................................................
The use as a biofuel starter doesn't get me excited, but the last paragraph does. I like the line "high purity products, such as in biopharmaceuticals and specialty industry
chemicals, RB or DRB can serve as effective nutrient sources to alleviate downstream processing cost"
Ingovel deal information link is the the VTLV site under files and 4th down. You must sign up for the site if you have not already. VTLV was the company former CEO Edson as CEO of before he wrecked NTRZ.
http://finance.groups.yahoo.com/group/VitalLiving/