Good Natured Products Inc. V.GDNP

Alternate Symbol(s): GDNPF

Chemicals Basic Materials

good natured Products Inc. offers an assortment of plant-based products made all, or in part, from the maximum possible amount of rapidly renewable resources. The Company’s segments include Industrial, Packaging, General Merchandise, Commercial Business Supplies, and Services. The Company is focused on making it easy and affordable for business owners and consumers to shift away from petroleum to better everyday products that use more renewable materials, less fossil fuel, and no chemicals of concern. Its operations are within the packaging and consumer goods manufacturing industry. It offers over 400 products and services through wholesale, direct to business and retail channels. It also offers direct purchasing through its own e-commerce platform in the United States and Canada and through Amazon and other third-party channels. It offers consumers, business owners and operators’ plant-based alternatives to everyday petroleum-based products that are being used in homes and businesses.

TSXV:GDNP - Post by User

Good Natured Products Inc. > Jan. 1 is the unlock date.

<< Previous

Bullboard Posts

Next >>

Comment by dileas48son Jan 04, 2021 12:00pm

162 Views

Post# 32215526

RE:Jan. 1 is the unlock date.

Thanks Freddie!

I was wrong.

I will point out though that the hold on the much smaller final tranche expires on Jan 31. That tranche is only 1,560,790 (but 346,500 were purchased by insiders - so unlikely to sell), whereas the first tranche was for 22,290,646, so I have to say I'm so far pleasantly surprised that the price has held, although I do have some stink bids for much lower prices - so I wouldn't complain if we saw some softness in the price before the end of the month.

FreddieMac wrote:

See the company news release dated Sept. 1, 2020, which is on in the Investor Relations / Newsroom part of the GDNP Website.

Hereis the key quote:

The Common Shares, Warrants and Agent Warrants issued by the Company in connection with the First Tranche are subject to a four month “hold period” expiring on January 1, 2021 under applicable securities laws.