Greenspace Brands Inc V.JTR.H

Consumer Defensive Packaged Foods

GreenSpace Brands Inc. is an organic and natural food company. The Company is engaged in the principal business of creating, distributing and selling natural food products and brands into the North American natural food marketplace. The Company markets its services primarily in Canada and the United States. Its main brands include Love Child Organics, Central Roast and Go Veggie. Love Child Organics brand is a producer of organic food for infants and toddlers made with natural and nutritional ingredients. Central Roast is a snack brand featuring an assortment of organic nut and seed mixes. The GO VEGGIE brand is one of the pioneers and leaders in the United States plant-based dairy market. All brands are wholly owned and are sold in a variety of online, natural and retail grocery locations. Its products are classified into two types: lactose-free and plant-based. Its products include mozzarella, cheddar and pepper jack cheese.

TSXV:JTR.H - Post by User

Greenspace Brands Inc

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Comment by prokofievon Feb 22, 2019 10:36am

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Post# 29399393

RE:RE:RE:Big mistake to sell it now...

Same here... Happy this is over for me. Good thing I have been selling since $0.75, but should have sold it all at that level. Too much uncertainty around this one now... Too bad as I like Matthew and the products.

Prokofiev

triplx wrote: Im one of those tired shareholders that dumped it all today. Ive been holding this disappointment since my first shares picked up around 1.50. Dumped it all between .26 and .30 after averaging down and down and down some more always hoping for something good. Will not miss seeing this big red crud in my folio. I may jump back in when its in the low teens, which is where its going.

Electrofuel wrote: I agree with your post and personally think this is oversold. Though volume was higher than typical trading days, it sold down on pretty low volume in terms of outstanding shares. A little over 0.5% of the outstanding shares traded today. Likely a bit of day trader shorting, stop losses and some tired shareholders. This looks like a viable company with an oversold chart.

NYX2017 wrote: I think they are being punished for results that we already expected if you've been following the past quarters.

Some bad decisions from management? For sure. But I think they are doing what's necessary now, and are focusing on the right things to get the balance sheet fixed.

Just like most of us here I suppose, I'm in the red, but it doesn't make sense to sell now, when you can't even claim the capital loss before at least 1 year...

I think those selling are angry or want to send a message to management, but rationally, it's a mistake, it will only improve from down here.

The US / Galaxy move was a risky one, maybe not the right timing, but it was an opportunity and I belive we will reap the benefits by Q1.

I'm not "in love" with the company, I just think we should give it at least 2 more quarters to see how the restructuring and new launches go and then decide.

Remember, Matt is on our side, he is a large shareholder and wants the business to thrive as well.

At these levels it has attracted some traders that are playing with the share, and weak hands are letting it go, as well as some funds that have to have results every quarter to justify their fees.

But for long term retail investors, it's a buy IMO.

Good luck to all.