InvestorsHub Logo
Followers 112
Posts 9989
Boards Moderated 1
Alias Born 10/25/2012

Re: Nebula1 post# 284

Thursday, 04/04/2013 11:36:39 PM

Thursday, April 04, 2013 11:36:39 PM

Post# of 713
You are correct. In addition to the revenues coming just around the corner, the announcement of a major stock exchange listing should definitely help the stock. The best thing they have going is that their facility is now truly cranking CRAiLAR fiber and the demand is there for the fiber so it's just a waiting game. Once revenues beginning to trickle in, our patience should eventually pay off since it should begin to attract institutional investors and other major players. If they do hit $1 lbs/week by the end of the year as forecasted, that will be a major milestone to begin paying off debt.

I read in their 2012 10-K that there are plans for building a second facility for 2014 so lets hope that Ken and company keep up the excellent leadership.

On a side note, there are some states like Kentucky passing bills to allow hemp to be grown for industrial purposes so let's hope that this opens up the possibilities for CRAiLAR in the United States.

Join the InvestorsHub Community

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.