ICIZF News 0.0187 Innovative Composits (ICIZF)
Post# of 273249
Innovative Composites International Inc. Announces Closing of Debenture Offering
Marketwire - Mon Apr 14, 4:02PM CDT
Innovative Composites International Inc. (CSE: IC)(OTCQX: ICIZF) ("ICI", or the "Company" is pleased to announce that it has closed a convertible debenture offering in the aggregate principal amount of $60,000 (the "Offering" .
Innovative Composites International Inc. Announces Filing of Quarterly Financial Statements
Marketwire - Tue Mar 04, 8:43AM CST
Innovative Composites International Inc. (CSE: IC)(OTCQX: ICIZF) ("ICI" or the "Corporation" is pleased to announce the filing of its unaudited quarterly financial statements for the period ended December 31, 2013, the related management's discussion and analysis, and Chief Executive Officer and Chief Financial Officer certificates for this period.
Innovative Composites International Inc. Announces Filing of Annual Financial Statements
Marketwire - Tue Feb 11, 8:44AM CST
Innovative Composites International Inc. (CSE: IC)(OTCQX: ICIZF) ("ICI" or the "Corporation" is pleased to announce the filing of its audited annual financial statements for the year ended September 30, 2013, the related management's discussion and analysis, and Chief Executive Officer and Chief Financial Officer certificates for this period (collectively, the "Required Filings" .
Innovative Composites International Inc. Announces Signing of Memorandum of Understanding for the Acquisition of a Leading Plastic Injection Molding Business
Marketwire - Wed Jan 29, 4:01PM CST
Innovative Composites International Inc. (CSE: IC)(CNSX: IC)(OTCQX: ICIZF) ("ICI", or the "Company" is pleased to announce that the Company has entered into a non-binding Memorandum of Understanding ("MOU" for the acquisition of a leading plastic injection molding business based in Eastern Ontario (the "Target Entity" . Management of ICI believes that the acquisition and integration of the Target Entity will help facilitate growth for ICI, while increasing its research, engineering, production and overall operational efficiencies.
Innovative Composites International Inc. Announces Late Filing of Annual Financial Statements and Application for Management Cease Trade Order
Marketwire - Fri Jan 24, 9:23AM CST
Innovative Composites International Inc. (CSE: IC)(CNSX: IC)(OTCQX: ICIZF) ("ICI" or the "Corporation" announces that it has made an application to the Ontario Securities Commission to approve a temporary management cease trade order ("MCTO" under National Policy 12-203 Cease Trade Orders for Continuous Disclosure Defaults ("NP 12-203" , which, if granted, will prohibit trading in securities of the Corporation by certain insiders of the Corporation, whether direct or indirect. The Corporation is unable to file its audited annual financial statements for the year ended September 30, 2013, the related management's discussion and analysis, and Chief Executive Officer and Chief Financial Officer certificates for this period (collectively, the "Required Filings" before the January 28, 2014 filing deadline (the "Filing Deadline" .
2013 Report on the International Long Fiber Thermoplastics Market
M2 - Wed Dec 11, 5:31AM CST
Research and Markets (http://www.researchandmarkets.com/research/hmjbzj/long_fiber#summary) has announced the addition of the "2013 Report on the International Long Fiber Thermoplastics Market" report to their offering. Driven by advantages such as creep resistance, low warpage, and impact strength, Long Fiber Thermoplastics (LFTs) are finding increased use as metal substitutes in a number of structural and semi-structural applications. Demand for LFT worldwide grows in tandem with the developments in the automotive industry, as about 78% of LFT materials go into manufacturing structural parts of automobiles. The trend towards sleek, small, lightweight vehicles is playing an instrumental role in increasing opportunities for LFT across the automotive sector because the stiffness offered by the composite material is ideal for structural parts of shorter lengths. End-of-Life legislations, particularly in Europe, which make recycling of materials compulsory is also driving growth in the market. Long Glass Fiber Reinforced Polypropylene (LGFRP) is growing in popularity among auto makers, owing to the latter's mono-material construction that enables recyclability. The lightweight, recyclability, and low cost advantage enjoyed by LFTs will continue to offer long term growth opportunities. Key Topics Covered: I. Introduction, Methodology & Product Definitions II. Executive Summary 1. Industry Overview 2. Market Trends And Growth Drivers 3. Global Composites Industry - An Overview 4. Product Overview 5. Product Introductions/Innovations 6. Recent Industry Activity 7. Focus On Select Global Players 8. Global Market Perspective III. Market 1. The United States 2. Canada 3. Japan 4. Europe 5. Asia-Pacific 6. Latin America 7. Rest Of World IV. Competitive Landscape Total Companies Profiled: 33 (including Divisions/Subsidiaries - 37) - The United States (16) - Canada (1) - Japan (3) - Europe (6) - Germany (3) - Rest of Europe (3) - Asia-Pacific (Excluding Japan) ( - Africa (1) - Middle East (2) Companies Mentioned: - Bayer MaterialScience - Borealis AG - Celanese Corporation - Ticona Engineering Polymers - CPI Binani - CTC Plastics - Daicel Polymer - E. I. du Pont de Nemours and Company - Fraunhofer-Institut F?r Chemische Technologie - GS Caltex Corporation - Indore Composite - Innovative Composites International - JNC Corporation - K.D. Feddersen GmbH & Co - Kingfa Sci. & Tech - Lomotek Polymers - Lotte Chemical Corporation - OCV Reinforcements - Owens Corning - PlastiComp - Resin (Products & Technology) - RTP Company - SAMBARK LFT - Saudi Basic Industries Corporation - TechnoCompound GmbH - Tianjin Okeyou International Trade - Zhejiang Juner New Materials For more information visit http://www.researchandmarkets.com/research/hm...er#summary
Innovative Composites International Inc. Provides Business Update
Marketwire - Tue Dec 03, 3:38PM CST
Innovative Composites International Inc. (CNSX: IC)(OTCQX: ICIZF) ("ICI", or the "Company" is pleased to provide the following business update. The Board and Management of ICI are committed to keeping investors up to date and aware of the Company's progress. This initiative will be accomplished through various avenues, including press releases announcing material events, the CNSX monthly progress report which is posted on the ICI company page on the CNSX webpage and by hosting investor calls concurrent with the release of quarterly financial results
Innovative Composites International Announces $1.5 Million Line of Credit and Incentive Stock Option Grants
Marketwire - Fri Nov 08, 8:23AM CST
Innovative Composites International Inc. (CNSX: IC)(OTCQX: ICIZF) ("ICI", or the "Company" is pleased to announce that it has closed on its previously announced line of credit financing with mBank of Michigan in the amount of $1.5 million. Draws on the line will be governed by a borrowing based formula tied to accounts receivable and raw materials inventory. Draws on the line extending above $750,000 being permitted only after ICI meets certain performance benchmarks. The line of credit is secured by a pledge of accounts receivable, inventory and cash. Proceeds from the line will be used to assist the Company in fulfilling its sales orders, and for general working capital purposes. The support of both the MEDC (Michigan Economic Development Corp) and the MSF (Michigan Strategic Fund) through their Collateral Support Program has been instrumental in supporting this financing.
Early Warning Report Issued Pursuant to National Instrument 62-103-Acquisition of Convertible Debenture of Innovative Composites International Inc.
Marketwire - Wed Sep 11, 3:38PM CDT
This press release is being disseminated as required by National Instrument 62-103 - The Early Warning System and Related Take Over Bids and Insider Reporting Issues - in connection with the filing of an early warning report (the "Early Warning Report" regarding the acquisition of a convertible debenture of Innovative Composites International Inc. (CNSX: IC) (OTCQX: ICIZF) (the "Company" . Mr. Dennis Woods of 65663 Hess Road, Edwardsburg, Michigan 49112, has acquired, through a private transaction, a convertible debenture in the aggregate principal amount of $1,049,000 (the "Debenture" . The Debenture incurs interest at the rate of 10% per annum and is convertible into common shares of the Company (the "Common Shares" at a conversion price of $0.03. In connection with his purchase of the Debenture, Mr. Woods also received 1,678,400 share purchase warrants (the "Warrants" which are convertible into Common Shares at a price of $0.05 for a period of two years. Mr. Woods purchased the Debenture for aggregate consideration of $1,049,000.