Wednesday, August 02, 2017 8:51:09 AM
~ Three Month Revenue over $116,000 US, up 21%
~ Company completes Phase 1A with microchip fabricator
~ Large production SPS to be delivered August 2017
CERRITOS, Calif., Aug. 02, 2017 (GLOBE NEWSWIRE) -- California Nanotechnologies Corp. (TSX-V:CNO) (OTCQB:CANOF) ("Cal Nano" or the "Company") is pleased to announce that revenues of $116,723 US in the first quarter, just completed on May 31, 2017, were an increase of 21% over the first quarter of the prior year. In addition the Company posted net income of $12,001, the second time the Company has reported a positive net income. "As the Company broadens its customer base, adds the large production SPS this month and takes on larger projects with its Fortune 500 customers, reaching the point of sustainability and long term growth become feasible targets," stated Eric Eyerman, COO. In particular, the addition of the large SPS is attracting world class customers such as the US National Laboratories and 3M."
The Company has completed Phase 1A for its large microchip fabrication customer with the delivery of several additional working prototypes for further testing and evaluation. If successful, the Company could move into Phase 2 of the program in September, 2017.
Recent CNO News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/06/2024 12:36:52 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/06/2024 12:14:37 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/05/2024 08:03:08 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/05/2024 08:02:33 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/04/2024 08:09:47 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/04/2024 08:06:05 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/03/2024 08:26:39 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/03/2024 08:23:36 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/03/2024 08:17:12 PM
- CNO Financial Group to Present at the 2024 KBW Insurance Conference on September 5 • PR Newswire (US) • 08/26/2024 12:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/13/2024 08:20:29 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/09/2024 01:53:28 PM
- CNO Financial Group Declares $0.16 Quarterly Dividend • PR Newswire (US) • 08/07/2024 09:31:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/29/2024 08:22:35 PM
- CNO Financial Group Reports Second Quarter 2024 Results • PR Newswire (US) • 07/29/2024 08:15:00 PM
- CNO Financial Group to Release Second Quarter Results on July 29, 2024 • PR Newswire (US) • 07/15/2024 08:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/09/2024 08:25:36 PM
- CNO Financial Group Renews Title Sponsorship of the Indianapolis Monumental Marathon Through 2026 • PR Newswire (US) • 06/18/2024 01:15:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/03/2024 08:23:54 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/03/2024 08:07:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/28/2024 11:50:01 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/28/2024 08:26:41 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/14/2024 10:29:21 PM
- Form 4/A - Statement of changes in beneficial ownership of securities: [Amend] • Edgar (US Regulatory) • 05/13/2024 09:29:09 PM
- Form 4/A - Statement of changes in beneficial ownership of securities: [Amend] • Edgar (US Regulatory) • 05/13/2024 09:28:43 PM
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