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 Jun 01, 2009 12:45pm

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Post# 16033314

RE: Royalty streams to Harland ???

Harland receives 1% of the company's revenues pursuant to an agreement reached with the company in 2001. This is in the Management Circular for all to read. It is in the section titled "INTEREST OF INFORMED PERSONS IN MATERIAL TRANSACTIONS".

I do not know who allowed Harland to make this agreement with himself. It seems outrageous and will seriously crimp this company's ability to produce bottom line earnings for its shareholders.

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