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Neptune Wellness Solutions Inc NEPTF

Neptune Wellness Solutions Inc. is a consumer-packaged goods company that is primarily focused on health and wellness products. The Company focuses on developing a portfolio of consumer products that align with the market trends for natural, sustainable, plant-based, and purpose-driven lifestyle brands. Its products are available in more than 29,000 retail locations and include organic food and beverage brands, such as Sprout Organics, Nosh, and Nurturme, as well as nutraceuticals brands like Biodroga and Forest Remedies. Its main brand units are nutraceuticals and organic foods and beverages. The Company sells its nutraceutical products mainly in bulk soft gels or liquids to multiple distributors and customers, who commercialize these products under their private label. The Company, through its Sprout subsidiary, sells its organic foods and beverages products to mass retailers, grocery stores and other retail outlets, as well as online through e-commerce sites and its own Website.


OTCPK:NEPTF - Post by User

Post by gwrbion Apr 14, 2009 8:31am
373 Views
Post# 15915505

Results

Results
High energy press release that emphasizes a bunch of positives.

However, what possibly did they gain from changing year ends at such a critical time in their gaining credibility phase.    Changed year ends only muddy comparative information for the next fiscal year.

Also, I don't understand the references to revenue ranges.  Their reporting period ended Feb 28 or 6 weeks ago.  I don't understand how their accounting can be so complicated that they need to post a range.  Did the product get shipped or not?   I guess because of year end, they can't release final numbers until audited - but still . . .

All in all, continues to be great story, and they seem to be getting better at telling it.
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