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Limoneira - NASDAQ Listing
May 27th
marked an historic day for Limoneira when company shares began trading on
NASDAQ under its current symbol LMNR.
"We are
pleased to list our securities on the NASDAQ Capital Market," said Harold
Edwards, President and Chief Executive Officer. "This event marks a major
milestone in Limoniera's long and distinguished history and will allow us to
enhance the long-term value of the company. Over the years, since its founding
in 1893, Limoneira has produced lemons, avocados, oranges, and other specialty
crops as well as managed residential and commercial real estate
operations. We are excited about our
next phase of development as we strive to not only capitalize on our extensive
real estate assets, but also increase our visibility in the market, improve the
liquidity of our stock and expand our shareholder base."
Limoneira
has retained Integrated Corporate Relations, Inc. (ICR) as our investor relations partner. Founded in 1998, ICR, Inc. is
a leading financial communications consulting firm that provides unmatched
counsel from vertically focused senior-level professionals. ICR has set a new
standard for financial communications with a business model driven by deep,
capital-markets expertise provided by a team of former Wall Street
professionals, including senior sell-side analysts, portfolio managers and
investment bankers. The firm represents approximately 200 corporate clients,
including some of the most recognized brands in the consumer and healthy living
markets. On June 2nd Limoneira
attended the 7th Annual Craig-Hallum Institutional Investor conference in
Minneapolis. Initial response to our stock offering has been positive. John
Mills from ICR states we're very excited to work with Limoneira, one of
California's oldest and largest agribusiness companies. Over the course of its 117 year history,
Limoneira has consistently demonstrated its ability to be a leader in land
management including their strong commitment to sustainable farming
practices. In addition to its successful
agribusiness, we believe the Company's real estate and water rights assets are
currently undervalued by the investment community, and we will work diligently
to reveal the long-term value of these assets. With its deep heritage and
strong management team, Limoneira is well-positioned for continued growth and
innovation, and we look forward to working with them to maximize their
long-term shareholder value."
Best Regards, The Limoneira Team |
Windfall Farms
Windfall Farms, located near Paso Robles, is a premiere master-planned agrarian
lifestyle community that celebrates the best of traditional California. Limoneira is offering a limited number of investment/memberships in the new Windfall Farms founder member program. This new community will have
commanding vistas over gently rolling hills, pastures filled with wildflowers,
and tree-lined lanes bordered with rustic fences. Beautiful equestrian
buildings are located throughout the 724 acre community. Property owners will enjoy the best of sophisticated agrarian living. Open
space will be planted with vineyards, or other agricultural plantings, operated
and maintained by a master vintner/grower, and will provide income to property
owners from the ground lease. Portions of the open space areas will be
site-planned for a natural grass-fed cattle ranching operation that will also
provide income for owners. For more information on this exciting new
community please visit www.limoneira.com or contact Greg Boyd (805) 239-0711 gbmonument@aol.com, or Alex Teague (805) 525-5541, x244 amteague@limoneira.com |
Calavo - Limoneira's
Avocado Go-To-Market Partner
Limoneira partners with Calavo, one of the avocado industry's largest marketers, to get delicious Limoneira avocados to the world's consumers and
food service operators. Calavo's headquarters are located on Limoneira
Ranch property in Santa Paula, further enhancing our partnership. Over the last few years,
Calavo enhanced its avocado ripening program by introducing ProRipeVIP�
(verified internal pressure). This utilizes Acoustic Firmness Sensors
(sound wave technology) to determine the firmness of an avocado by "listening"
to its vibrational pattern. Calavo is the only avocado marketer in the
U.S. to offer this newest, most innovative, and accurate, post-ripe sorting
technology. By providing stores with avocados that are ready to eat, this
value-added service helps boost consumption and breeds happy customers. In addition to avocados,
Calavo provides the market with tomatoes, pineapples, and papayas, as well as
packaged products such as guacamole, chips, and dips. Calavo's new
subsidiary, Calavo Salsa Lisa,
is another new product in the company's product line. Salsa, the most
popular condiment in the United States, outsells ketchup by nearly two to
one. We have high hopes for a Calavo home-run on this delicious new
product. Make Calavo Salsa Lisa,
your party-partner. For more information on Calavo, please visit www.Calavo.com. |
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Limoneira Healthy Tips
Creating a Mood with Scents: Have you ever noticed how the warm scent of a candle wafting through the air can be uplifting, energizing, or make you cozy? Or maybe there's a certain body spray, soap, or perfume that just keeps you going through the day.
Citrus Scents provide energy: Need a pick-me-up? Grab a cup of java and light a citrus candle. Citrus scents enhance energy and boost mood so look for candles with lemon, lime, grapefruit, verbena or orange scents.
Soothing Citrus Bath Calm your nerves and soothe your sense with this delightful mix of orange, lemon, grapefruit, tangerine and lime.
Squeeze the juice of one orange, lemon, grapefruit, tangerine and lime into a jar. Combine the peels in a blender; blend until minced very fine. Add to juice. Pour as much as desired into bath water for a soothing calming bath.
Source: Sunkist
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Limoneira Lifestyle's
Summer Orchard Dining Series
Kick back with great food, drinks and fun with your friends in two great new
summer culinary experiences. Every Friday starting
June 11, the Best Chef of Ventura County series begins at Limoneira's Orchard
Dining spot high above the Heritage Valley floor. Chef Jason Collis of
Jonathan's at Peirano's begins the series with a four-course meal using
locally-grown, farm-fresh produce including delicious Limoneira avocados and
lemons, as well as great local seafood, and pairings with delicious local
wines. The evening starts at 7:00 p.m. with a trolley ride winding up
through the groves to the orchard dining site. Jason's chef-created
passed tapas, paired with local wines, commence the evening's culinary
experience. Reservations close the
Wednesday prior to each Friday event, so please make your reservations
early. A minimum of 20 guests is required per event. Please call
(805) 648-4853 for reservations. Visit us at www.jstapas.com for menu and details. |
Sunday
Blues, Bocce and BBQ events
Soulful summer Sunday afternoons of music, BBQ tri-tip, hamburgers, chicken, a
full bar cupcakes, chocolate and shaved ice. It all happens with the
Blues, Bocce and BBQ Sunday Series beginning in celebration of dad on Father's
Day, June 20th, at Limoneira's 12 international regulation-size bocce ball
courts. For more information, please contact Jason Collis at (805) 648-4853 or
Jeanette Rivera at (805) 525-5541.
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Managing Water
Responsibly
As we all know, water is vital for both agricultural and urban uses. We're all responsible for ensuring that this important resource is used
efficiently. As one of the largest lemon and avocado producers in the
United States, we take our water use seriously. Limoneira maintains water
asset ownership in the adjudicated Santa Paula Basin, the unadjudicated
Fillmore basin, Santa Barbara aquifers, San Luis Obispo aquifers, Tulare County
aquifers, Friant-Kern District water rights, and four water mutual
companies. In
our agricultural production, we maintain a comprehensive program of efficient
water management including mulching, irrigation water analysis, irrigation
monitoring and scheduling, fertilization analysis and scheduling, ground water
monitoring, ground water protection, water basin management, and well efficiency
testing.
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Jobs, Prosperity, and The National Export Initiative
International trade is
an important component in raising both world GDP and living standards. In honor
of World Trade Week, Limoneira hosted "Jobs, Prosperity, and The National
Export Initiative" at Limoneira Ranch on May 20th. This important
Economic Development Collaborative of Ventura County (EDCVC) event raised
awareness of the importance of export trade by Ventura County businesses and
was well attended by leaders throughout our region. Richard M. Swanson, Jr.,
Regional Director of The U.S. and Foreign Comm
ercial Service Department,
discussed the National Export Initiative, and Dr. Ashish Vaidya, Dean of
Faculty, Professor of Economics at California State University, Channel
Islands, presented "The International Trade Impact on Ventura County." Harold Edward's, CEO of Limoneira Company, shared that exports comprise 30% of
Limoneira revenues. These exports help strengthen and diversify
Limoneira's operations. |
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