greasemonkeyshoes
11 months ago
hot off the press.......
""...Furthermore, Cal Nano’s growth strategy continues to make progress, as evidenced by record revenue for the quarter ending May 31, 2023, which is expected to exceed US$500,000." ""
https://www.sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=00020680&issuerType=03&projectNo=03547352&docId=5440999
can it do $2.0 million topline in the new fiscal year(2024)? this is the million dollar question and i think so with a likelihood of 75% chance.woooooowwwww.
greasemonkeyshoes
12 months ago
my experience with the company,part 1.........
looking but no touching.
it all started many many many moons ago,the company looked and acted like a dog with flea. the only consistent outcomes were losses,more losses, and losses galore,lasted over a decade since 2004 spac.ooouuuchhh. one number that troubled me or any sensible investors,was the salaries and wages on the expense side of the book,which always hovered around 50% of the topline,and stayed constant with increased topline.oouuccchhhhhh. this dog can be summarized on 2017(calendar year?) and prior with one word: toxic or "looking but no touching".
for some reason things started to change post 2017,the hemorrhaging of expense side of the book seemed being checked by a newly formed management team and bingo,the dog with controllable flea is here to stay.wooooooowwwww. so ever slowly,the flea started going away and this dog finally saw its first worthwhile record profit in q4 2023 fiscal year. wooooooooowwwww.soon after,the company moved to pay down its debt from above $1.5 million down toward $1.25 million,and restructured its debt.woooooowwwwwwww.its cash level went from a historical average of $50k to close to $300k.wooooowwwww.
to summarize 2004 to 2017:
watching the paint dry in a raining season
toxic
"looking but no touching"
had you not done the above,money down the drain.oooouuucccccchhhhhhhh.
to be continued.
rjs1
12 months ago
Nanomaterial Technology Development and Usage
Nanotechnology creates nanoparticles with distinctive characteristics to meet the needs of the electronics, fabrics, cosmetics and biopharmaceutical industries. The assembly, manipulation, control and manufacture of nanoscale materials is considered to be the frontier of the 21st century in modern research. Nanotechnology has gained importance in the engineering and application of nanomaterials due to the fact that the physiochemical properties of materials are remarkably enhanced at nanoscale dimensions from their properties at their normal larger state.
The term “Nano” originates from a Greek word meaning “Dwarf” referring to a very small-sized object. It is also used as a prefix in science meaning 1 nm is equal to 1 millionth of mm or 1 billionth of m.
According to Precedence Research, the Nanomaterials Market Size will reach US$ 43B by 2030 with growth projected at a CAGR of 18.05% from 2022 to 2030. -June 17, 2022
By Application, key industries include:
• Aerospace
• Automotive
• Medical
• Energy & power
• Electronics
• Paints & Coatings
• Others
The aerospace application segment, for example, is expected to expand at a CAGR of 12.1% over the forecast period. Rising demand for lighter and more efficient aircraft has driven the rapid adoption of nanomaterials in aircraft and aerospace manufacturing.
Key Players include:
Strem Chemicals, Inc., American Elements, US Research Nanomaterials, Inc., Nanocomposix, Inc., Frontier Carbon Corporation, Nanoshel LLC, California Nanotechnologies Corp., SkySpring Nanomaterials, Inc., Nanophase Technologies Corporation, Cytodiagnostics, Inc., Quantum Materials Corp.
The U.S. market continues to grow due to increasing industry R&D activities. In addition, the U.S. government invests heavily in nanotechnology and coordinates work on nanomaterials with 20 government agencies.
A wide range of thermo-chemical methods are used to synthesize nanoparticles. In broad terms, the “Top-Down” approach utilizes physical manipulation and the “Bottom-Up” utilizes chemical transformation.
Another method, developed by a small company with major industry and government customers, combines Cryomilling and Spark Plasma Sintering (SPS) technologies. It has recently gained industry notoriety due to notable successes that met and exceeded customers’ needs. Their proprietary cryomilling tech creates metallic and ceramic advanced powder systems. Applications for powders after cryomilling include Additive Manufacturing/3D printing, Advanced thermal spray coatings and making enhanced parts via Spark Plasma Sintering. In turn, their proprietary SPS technology reconstitutes powders to create high-performance materials with unique properties for advanced material research and manufacturing. This advanced consolidation technique allows for the rapid application of temperature and pressure via high-density pulsed current within a controlled atmosphere.
The company engages in the research, development & production of nanostructured components and materials. They are utilizing their unique technical expertise & vision to push the boundaries of applied material science for industry and US government agencies’ customers.
junkHustler
6 years ago
California Nanotechnologies Announces New Contract From Chip Fabrication Customer and Installation of Large Production SPS System
~ Phase 2 program from major chip fabricator for approximately $202,000 US
~ Production SPS system installed and fully operational
~ New SPS system deliveries for Iowa State and Louisiana State Universities
LOS ANGELES, Nov. 23, 2017 (GLOBE NEWSWIRE) -- California Nanotechnologies Corp. ("Cal Nano" or the "Company") (TSX-V:CNO)(OTCQB:CANOF) is pleased to announce that it has received an additional contract worth approximately $202,000 US from the large chip fabrication customer referred to in earlier press releases. This new contract is for Phase 2 of the program, within which Cal Nano will incorporate additional design elements and features into the working prototypes delivered in September 2017. Of particular importance, this contract also includes the development of a high volume processing methodology that could be utilized for future production. "Phase 2 is expected to be completed in approximately six months and if successful, the next phase in the program could be the production of these components in higher volumes," stated Eric Eyerman, COO.
The Company would also like to note that it completed the installation and testing of the large Fuji Mark V SPS system in September. This system is critical for Phase 2 of the chip fabrication program mentioned above. It is also being utilized in the development of components for the US Department of Energy and other large customers.
In addition to the large SPS programs underway, Cal Nano is pleased to note that it has received several new orders from customers that include Boeing and Adidas. Cal Nano is also scheduled to install new SPS systems at both Iowa State and Louisiana State Universities within the next two months. "Given the growing diversification of the Company's customer base, the depth of product offerings, and the addition of the large SPS for production requirements, Cal Nano is demonstrating long term sustainable growth," stated David Grant, Interim CEO.
Continuing the Company’s extensive engagement in the materials science community, Cal Nano exhibited at the MS&T 2017 Conference (Materials Science & Technology) in Pittsburgh, PA from October 8th to October 12th, 2017. “The Company showcased the availability of its large SPS production system and continues to attract interest in high volume SPS programs.” stated SPS Division Manager Brian Weinstein.
For further information, please contact:
Mr. David Grant, Interim CEO
Tel. No. (562) 404-8510 or (800) 577-6664
Cell No. (714) 757-8863
Email: d.grant@omni-lite.com
Website: www.calnanocorp.com
junkHustler
7 years ago
California Nanotechnologies Applies for Extension to Term of Warrants
LOS ANGELES, Oct. 03, 2017 (GLOBE NEWSWIRE) -- California Nanotechnologies Corp. (TSX-V:CNO) (OTCQB:CANOF) (the "Company") announces that it has made application to the TSX Venture Exchange (the "Exchange") to extend the term of 2,645,148 common share purchase warrants (the "Warrants") that were issued under the Company's private placement of units completed on April 8, 2014. The Warrants that are the subject of the application have an exercise price of $0.225 per common share and were originally set to expire on April 8, 2015. The Company previously extended the term of the Warrants to expire on October 8, 2015, subsequently extended the term to October 8, 2016 and finally to October 8, 2017. Insiders of the Company hold approximately 56% of these Warrants. The Company has now applied for consent to further extend the term of the Warrants from 42 months to 48 months from the date of original issuance of the Warrants in accordance with Exchange policies. The warrants will now expire on April 8, 2018.
junkHustler
7 years ago
CNO CEO David Grant Speaks with Uptick Newswire about Company Updates
Los Angeles, California , Aug. 09, 2017 (GLOBE NEWSWIRE)
Mr. David Grant, CEO of California Nanotechnologies was interviewed on Uptick Newswire with host Everett Jolly. Mr. Grant reported that the chip fabrication program started in November 2016, has completed phase 1A, by sending out prototypes to the customer for testing and feedback. In addition, Mr. Grant spoke of the nearly $700,000 investment made into spark plasma sintering, with the addition of a large SPS system to be delivered this month.
The interview and distribution was paid by California Nanotechnologies and approved by David Grant, CEO. The distribution was sent out to the Uptick Network Stock Day Podcast, sponsors, affiliates and social media distribution platforms.
To listen to the full interview, please see:
https://upticknewswire.com/featured-interview-ceo-david-grant-of-california-nanotechnologies-corp-otcqb-canof/
junkHustler
7 years ago
California Nanotechnologies Reports Progress on Program with Chip Fabricator and Early Delivery of Large SPS from Japan
~ 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.
junkHustler
7 years ago
California Nanotechnologies Announces Record Revenue for Fiscal 2017 and Moves into Phase 1A of Project with Major Microchip...
California Nanotechnologies Corp. (TSX-V:CNO) ("Cal Nano" or the "Company") is pleased to announce record revenues of $543,534 US for fiscal 2017, ending February 28, 2017. This represents an increase of 26 percent over the prior year. At the exchange rate of June 30th 2017, this revenue would be approximately $704,746 CDN. Cash flow used for operations was $175,034 US. Cash flow requirements increased in the fourth quarter as the Company prepared for the new large scale production SPS that will be arriving in August. "The Cal Nano technical team was in Japan in the week of June 19 to review the progress, being made by our partner Fuji, on the large SPS. We also received training on a similar system and reviewed the requirements for the installation planned for August and September of this year,” stated Eric Eyerman, COO. "Once operational, the system should allow the Company to move into the production phase of the programs planned for execution this fall."
Since January 2017, the company has delivered several working prototypes to its semiconductor and chip fabrication customer for continuous testing and evaluation. The Company is pleased to note that, due to exceeding our microchip fabrication customer’s expectations, the Company is moving into Phase 1A of the program, effective immediately. The completion of Phase 1A in late July should lead directly into Phase 2 of this program, which will broaden the effort with the development of a variety of different sizes and styles of the current design. “As the exclusive provider of SPS technology and services required by this customer for the foreseeable future, we believe this is a long term partnership that will lead to continued R and D and the manufacturing of production components as each development is completed," stated Brian Weinstein, SPS Division Manager.
Cal Nano would like to announce that it has granted 25,000 incentive stock options to Roger Dent, a director of the Company. The options were granted pursuant to the Company’s Stock Option Plan, which received shareholder approval at the Annual General and Special Meeting held on November 17, 2016. The options were granted at the exercise price of $0.14 per share which was the closing price on June 30, 2017. The stock options will vest over a three years, expire after a five year period and are subject to TSX Venture Exchange requirements.
junkHustler
7 years ago
California Nanotechnologies Provides Business Technology and Market Overview in New SNNLive Video Interview on StockNewsNow.com
LOS ANGELES, June 23, 2017 (GLOBE NEWSWIRE) -- StockNewsNow.com, The Official MicroCap News Source™, today published an SNNLive Video Interview with David Grant, CEO of California Nanotechnologies Corp. (TSX-V:CNO) (CANOF). California Nanotechnologies develops and manufactures nano-structured materials and components, according to the Company's website (www.calnanocorp.com). The video interview was recorded on Wednesday, June 7th, 2017 at the LD Micro Invitational 2017 in Bel Air, CA.
Click the following link to watch the SNNLive Video Interview on StockNewsNow.com:
https://stocknewsnow.com/commentary/ANEWSID21062017100004/SNNLive-Video-Cal-Nano-(TSX-V-CNO)-(OTCQB-CANOF)
junkHustler
7 years ago
California Nanotechnologies Announces Record Revenue for Fiscal Year and Finalization of Large SPS Purchase
~ Annual revenue over $560,000 US, up approximately 30%
~ Production-Scale SPS equipment purchased
~ Company approved for Bluesky Publication in US
~ Company exhibits at 146th Annual TMS 2017 Conference
LOS ANGELES, March 06, 2017 (GLOBE NEWSWIRE) -- California Nanotechnologies Corp. (TSX-V:CNO) ("Cal Nano" or the "Company") is pleased to announce record revenue for fiscal year 2017, which ended February 28th, 2017, of approximately $560,000 US. This is an increase of approximately 30% from the preceding fiscal year. In F2017, 55% of these revenues were in the Spark Plasma Sintering ("SPS") division, 28% are in the Sports and Recreational division, 14% are in the Research and Energy division, and 3% are in the Aerospace division. "The SPS division represents the ‘powder to part’ technology being developed by the company," stated David Grant, Chairman and Interim CEO. "This division represents the fastest growing technology at Cal Nano and will require the most significant investment in the near future."
"Of particular significance, in mid-January 2017, the Company delivered the first working prototype to its tier one semiconductor design and fabrication customer for testing and evaluation," stated Eric Eyerman, COO. "This milestone was critical to proceeding with phases 2 and 3 of this important program. Based on this success, the Company has finalized the purchase of a large SPS required for the production phase of this and other large programs."
This large SPS unit is scheduled to be delivered in the fall of 2017. "This major investment will increase the Company's production capabilities significantly and will be a major asset in supporting several growing projects, including the program with a major tier one semiconductor design and fabrication company. If phase 2 of the semiconductor program is approved, we anticipate strong revenue growth in F2018." stated COO Eric Eyerman.
The company has been notified that its application for Bluesky Exemption (as provided by Mergents in the US) has been approved and is scheduled to be published in the Mergent Manuals and News Reports dated March 7, 2017.
Continuing the Company’s extensive engagement in the materials science community, Cal Nano exhibited at the TMS 2017 Conference (Minerals, Metals, and Materials Society) in San Diego, CA from February 27th to March 1st, 2017. "The Company saw a significant amount of interest in both research and development and potential production work for its new large SPS machine." said SPS Division Manager Brian Weinstein.
For further information, please contact:
Mr. Mikel Damke, Executive Assistant to the CEO
Tel. No. (403) 660-7770
Email: m.damke@calnanocorp.com
Website: www.calnanocorp.com
junkHustler
7 years ago
California Nanotechnologies Announces Record Revenue for Fiscal Year and Finalization of Large SPS Purchase
Annual revenue over $560,000 US, up approximately 30%
Production-Scale SPS equipment purchased
Company approved for Bluesky Publication in US
Company exhibits at 146th Annual TMS 2017 Conference
LOS ANGELES, March 06, 2017 (GLOBE NEWSWIRE) -- California Nanotechnologies Corp. (TSX-V:CNO) ("Cal Nano" or the "Company") is pleased to announce record revenue for fiscal year 2017, which ended February 28th, 2017, of approximately $560,000 US. This is an increase of approximately 30% from the preceding fiscal year. In F2017, 55% of these revenues were in the Spark Plasma Sintering ("SPS") division, 28% are in the Sports and Recreational division, 14% are in the Research and Energy division, and 3% are in the Aerospace division. "The SPS division represents the ‘powder to part’ technology being developed by the company," stated David Grant, Chairman and Interim CEO. "This division represents the fastest growing technology at Cal Nano and will require the most significant investment in the near future."
"Of particular significance, in mid-January 2017, the Company delivered the first working prototype to its tier one semiconductor design and fabrication customer for testing and evaluation," stated Eric Eyerman, COO. "This milestone was critical to proceeding with phases 2 and 3 of this important program. Based on this success, the Company has finalized the purchase of a large SPS required for the production phase of this and other large programs."
This large SPS unit is scheduled to be delivered in the fall of 2017. "This major investment will increase the Company's production capabilities significantly and will be a major asset in supporting several growing projects, including the program with a major tier one semiconductor design and fabrication company. If phase 2 of the semiconductor program is approved, we anticipate strong revenue growth in F2018." stated COO Eric Eyerman.
The company has been notified that its application for Bluesky Exemption (as provided by Mergents in the US) has been approved and is scheduled to be published in the Mergent Manuals and News Reports dated March 7, 2017.
Continuing the Company’s extensive engagement in the materials science community, Cal Nano exhibited at the TMS 2017 Conference (Minerals, Metals, and Materials Society) in San Diego, CA from February 27th to March 1st, 2017. "The Company saw a significant amount of interest in both research and development and potential production work for its new large SPS machine." said SPS Division Manager Brian Weinstein.
For further information, please contact:
Mr. Mikel Damke, Executive Assistant to the CEO
Tel. No. (403) 660-7770
Email: m.damke@calnanocorp.com
Website: www.calnanocorp.com
junkHustler
7 years ago
California Nanotechnologies Reports Record Revenue for Both Nine Months and Third Quarter
LOS ANGELES, CALIFORNIA--(Marketwired - Jan. 31, 2017) - California Nanotechnologies Corp. ("Cal Nano" or the "Company") (TSX VENTURE:CNO) is pleased to report financial results for the first nine months of fiscal 2017, which ended November 30, 2016. In the March to November period, revenues on a US basis, increased by 41% to $465,463 US, compared to $330,216 US during the same period last year.
"Of particular significance, in mid-January 2017, the Company delivered the first working prototype to its wafer fabrication customer for testing and evaluation," stated Eric Eyerman, COO. "This product was delivered ahead of schedule. This milestone is critical to proceeding with phases 2 and 3 of this important program. Based on this success, the Company has committed to procuring the large SPS required for the production phase of this and other large programs. The Company is in the process of completing the documentation to facilitate this transaction."
"In the third quarter, the Company continued to generate increasing amounts of cash from operating activities. In this period, cash flow provided from operating activities increased to $22,999 US from $12,809 US, an increase of 80% from the prior period," stated David Grant, Chairman. "These results are leading the Company toward sustainability. To provide for increased visibility in the United States, the Company has made an application to trade its securities on the OTCQB market."
junkHustler
7 years ago
California Nanotechnologies Reports Record Revenue for Both Nine Months and Third Quarter
LOS ANGELES, CALIFORNIA--(Marketwired - Jan. 31, 2017) - California Nanotechnologies Corp. ("Cal Nano" or the "Company") (TSX VENTURE:CNO) is pleased to report financial results for the first nine months of fiscal 2017, which ended November 30, 2016. In the March to November period, revenues on a US basis, increased by 41% to $465,463 US, compared to $330,216 US during the same period last year.
"Of particular significance, in mid-January 2017, the Company delivered the first working prototype to its wafer fabrication customer for testing and evaluation," stated Eric Eyerman, COO. "This product was delivered ahead of schedule. This milestone is critical to proceeding with phases 2 and 3 of this important program. Based on this success, the Company has committed to procuring the large SPS required for the production phase of this and other large programs. The Company is in the process of completing the documentation to facilitate this transaction."
"In the third quarter, the Company continued to generate increasing amounts of cash from operating activities. In this period, cash flow provided from operating activities increased to $22,999 US from $12,809 US, an increase of 80% from the prior period," stated David Grant, Chairman. "These results are leading the Company toward sustainability. To provide for increased visibility in the United States, the Company has made an application to trade its securities on the OTCQB market."
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Bard471
6 months ago
drugmanrx
7 years ago
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