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Good Natured Products Inc. V.GDNP

Alternate Symbol(s):  GDNPF

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

Comment by dileas48son Feb 10, 2021 11:11am
320 Views
Post# 32525165

RE:RE:Trading Resumed, Up 10%!

RE:RE:Trading Resumed, Up 10%!
I regret not going for a swing trade in the 1.50's, but there's absolutely no way they went to the capital markets for 20 million and do not plan to do an acquisition. 

Yes, there's debt to service, but Paul has stated over and over again that they are in growth mode, and he's not going to sit on all that cash and just add another Flax for Life.  Not a chance.

The financing is stated to close in early March, so maybe an LOI between now and then...who knows.

Padu4000 wrote: I sold at 1.58, bought back in at $1.51 - I'm done until I see it go to $1.20 and then again at $1.00 - I don't believe there will be any acquisitions for at least 6 months - only organic growth.

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