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Imperial Ginseng Products Ltd V.IGP

Alternate Symbol(s):  IGPFF

Imperial Ginseng Products Ltd. is a Canada-based company. The Company’s principal business was cultivating and processing North American ginseng in Ontario and selling the dried ginseng, almost exclusively to wholesalers in China, through a distributor. The Company has ceased its ginseng operation and is in the process of considering alternative business propositions and opportunities in securing new business lines.


TSXV:IGP - Post by User

Post by Tree2treeon Nov 16, 2021 1:18pm
184 Views
Post# 34132654

Don't sell yet!

Don't sell yet!Here's why:

- By the end of November, the quarterly report will come out, confirming that they have sold all the harvested ginseng, leaving only cash and other assets worth about $2/share.

- Then on December 8, the annual meeting will approve the resolution to sell all remaining assets and distribute the cash to shareholders.

So only a few weeks to go, then at last the shareholders will get the full value of their shares.


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