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Global Gardens Group Inc GGGRF

Global Gardens Group Inc is in the business of developing and selling plant-based beverages. The company operates in one dominant industry segment, the Manufacturing, and Marketing of Vegetable-based Alternative Milk Products. The company operated solely in Canada. It offers vegetable based non-dairy beverages under the Veggemo brand.


EXPM:GGGRF - Post by User

Post by FreddieMacon Sep 12, 2018 7:27pm
175 Views
Post# 28608859

The sales numbers and the Pumpers .....

The sales numbers and the Pumpers .....Roughly a year and a half ago, certain pumpers on this site were raving about the "big distribution deal" coming with Loblaws that was going to change the company's fortunes.   "I want Loblaws" proclaimed one of them on a post here.

Well, Loblaws came and not much happened to sales, and then the excuses about why Lobalaw's didn't supercharge sales after all, started to come out.

Fear not, the next saviour was on the horizon....  China.    Lots of posts on here about the containers and containers going to the country of a Billion people, but since then, over the past 8 months.... well,  nothing about China and the recent sales results for Q2  of this year offer very little to cheer about - they were down from Q1.

It appears that the material, and I do mean really substantial, dilution that the Pumpers said was (and I quote) "no big deal", is now much more likely to happen - if the company manages to finance at all, which is not a guaranteed event anyway.

Curious how the Pumpers, and Stingo, have vanished...  
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