Neptune Wellness Solutions Inc NEPTF

Strategic review committee

[goldstory]

In terms of Q result, nothing new.  Revenue is as expected.  They could not reduce operational cost.  Net loss $23M.   It is all in the current price already.   Again, 75M in bank is nothing if they keep having net loss like this.

Strategic Review Committe?   This is MC's way of confessing, "I fked and don't know what to do."

[Export]

Strategic Review Committee...well put, goldstory! MC and TR richly compensated, and all they could come up with a heaping serving of nothing-burgers on the menu.  Missed the last sell signal when Schottenfeld departed the Board in May.

[Sopranos1]

the dip in price are for 2 reasons...Ceo went  in so many directions , now a strategic review..lost confidence what they are doing ,and the net loss worse this quarter       -- Net loss of $23.0 million compared to a net loss of $11.4 million in the        first quarter of the previous year.       -- Adjusted EBITDA loss

[Sopranos1]

net loss was expected, not the strategic review..fk me!! bag holding from mid $1's usd.

[Sopranos1]

and palease..don't sugar coat this quarter., it was bad.. ..q3- 4 will be the turnaround.

[Sopranos1]

Mickey is all over the place in the conference call..Proof he went in too many directions this past year..faux pas of gastronomic preportions..

[Export]

Sopranos1...wish I could share your optimism re Q3-Q4 turnaround...I'm leaning more to the company circling-the-drain scenario as I can't see anything on the horizon that could possibly extricate the Company out of its possible demise with the MC et al leadership group.

[Export]

Wouldn't be surprised if Sprout turns out to be a bet-the-company that ends up going south...