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Bullboard - Stock Discussion Forum Greenspace Brands Inc V.JTR.H

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... see more

TSXV:JTR.H - Post Discussion

Greenspace Brands Inc > the big reason for strategic review is the push by
View:
Post by mingzhu on Jul 05, 2019 5:25pm

the big reason for strategic review is the push by

institutions which own 30% https://quotes.wsj.com/CA/XTSX/JTR/company-people
and m
anagement which owns 10% https://marketsandresearch.td.com/tdwca/Reports/Report?documentKey=337-JTR.V_48bb63a1f305e7922239834599c3be00-3KBTQGTE2LDLK9F3JUFO71M085
(you may need permistion to access INK paper.)

t
hey are frustrated by the low price of JTR. 

CEO alone own 6.19 m shares It is also his interest to get fair value.

von Teichman Logischen, Matt... Direct Ownership Public market buy Common Shares 0.450 5,000 0.1% 6,198,943
Comment by GreekRocket36 on Jul 05, 2019 5:53pm
Have no facts or info but wouldn’t be surprised if they were approached after announcing the Walmart deal which would get the board to initiate a strategic review given the delta between intrinsic value and share price. Company never shy to talk about how low the price is from a multiple of revenue perspective and has recently been willing to transact. Would love to buy more but no liquidity- bid ...more  
Comment by mingzhu on Jul 05, 2019 10:44pm
i have same problem. i have 150k shares to go for reaching 500k target, but if i buy that amount, it would push SP to 0.40s- 0.50s. i am waiting patiently  for some guys to come out with big asks and scoop up shares. Insiders hold 40% of total shares. there are not many shares avaliable.  
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