Good Natured Products Inc. V.GDNP

Hard

[doggy123]

Hard to figure this one...................DNMR same company brand as GDNP...........revenue for 2019....$32 million .....................shares trade around $76.00 a share................GDNP this year will probably double or triple DNMR revenue for that year.........and shares trade at $1.15 US.................so it trade around 75 times GDNP..................don't make sense so far or GDNP shares is going to skyrock monsterous.................if i'm wrong with my calculation someone correct me please.......well appreciate...........

[dileas48s]

First of all they have 365 million in cash from their VC partners. Their plastic is PHA vs ours being PLA.  I'm not a chemist. They have ongoing activities developing chip bags and water bottles with PepsiCo.   Their bioplastic is certified marine biodegradable. They have a very ambitious five year plan that started in 2020. A huge chunk of that plan is building a massive

[krustybra]

That marine biodegradable certification is a bunch of BS to begin with. It doesn't even matter whether if the biodegradable plastic is non toxic or not to get that certification. WTF All it takes to get that certification is that the plastic just has to decompose into much smaller particles (which we've come learn is an even greater problem for marine life). Its a clever marketing

[Tyrack]

"PLA plastic is commonly used in food packaging, while PHA is often used in medical devices like sutures and cardiovascular patches. Because PLA often comes from the same large industrial facilities making products like ethanol, it's the cheapest source of bioplastic." Just incase someone reading reply wanted to know.