OTCPK:NEPTF - Post by User
Comment by
seanj1on Feb 16, 2021 4:57pm
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Post# 32579070
RE:It puzzles me.
RE:It puzzles me.
Morgan Stanley, IFF and Unileaver. Obviously they are no dumb to back Neptune and Camarrata's plans. They get much more info than individual investors do. Hand sanitizer business is over as there is an over supply. It was just a short term deal. What will be the major catalyst is CBD in CPG market that is coming and my guess is that's why Camarrata is able to ink deals with big institutions like MS.
As for Sprout I like the acquisition as it is popular brand online and Neptune can build on that. "The Company expects the Neptune/Sprout combination to result in significant incremental revenue growth for both companies with several near and long-term revenue synergy opportunities identified as well as an exciting new product pipeline to be launched under the Sprout brand."
Mood Ring seem to be doing very well in BC and Ontario's launch should be happening soon.
Latest Q numbers were bad but it doesn't tell the whole picture. I am guessing that for possible competition reasons Camarrata is sharing as little as possible.