Neptune Wellness Solutions Inc NEPTF

Healthcare Psychedelics

Neptune Wellness Solutions Inc. is a consumer-packaged goods company that is primarily focused on health and wellness products. The Company focuses on developing a portfolio of consumer products that align with the market trends for natural, sustainable, plant-based, and purpose-driven lifestyle brands. Its products are available in more than 29,000 retail locations and include organic food and beverage brands, such as Sprout Organics, Nosh, and Nurturme, as well as nutraceuticals brands like Biodroga and Forest Remedies. Its main brand units are nutraceuticals and organic foods and beverages. The Company sells its nutraceutical products mainly in bulk soft gels or liquids to multiple distributors and customers, who commercialize these products under their private label. The Company, through its Sprout subsidiary, sells its organic foods and beverages products to mass retailers, grocery stores and other retail outlets, as well as online through e-commerce sites and its own Website.

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Neptune Wellness Solutions Inc

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Comment by matisse2003on Sep 11, 2008 4:53pm

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Post# 15449612

RE: Need a new CEO to take over

Let's not forget that as per the last paragraph on page 9 of the notice:

"As of June 1, 2002 the Company entered into an agreement with a shareholder (a company controlled by the President and chief executive officer of the Company), to pay it royalties on a semi-annual basis for an amount equal to 1% of the Company's annual revenues, for an unlimited period. the amount to be paid annually may not exceed the Company's net earnings before interest, taxes and amortization."

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