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Freegold Intersects 3.62 g/t Au over 42m and 1.23 g/t Au over 170.7m (click to learn more)
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Neptune Wellness Solutions Inc NEPTF

Consumer Defensive Household & Personal Products
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.


GREY:NEPTF - Post by User

Neptune Wellness Solutions Inc
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Comment by princeofcuton May 28, 2015 8:37am
97 Views
Post# 23772931

RE:Not a bad balance sheet

RE:Not a bad balance sheethome, i disagree with your assessment.  as i see it the BS was bolstered by the financing no more and no less....i foresee a financing coming in the near future based on a) hammy indicated the plant problems will carry on for some time, did they forecast $2M in sales for this Q, and so the business is IMO facing real risk...add on top the IP problems and Ascasti and and i see more risk to current price... IMO over the summer price will hit 52 week low...reaction will depend on whether hammy and CoB perform better than on last CC, which was a gong show IMO.  PS IMO hammy didn't kitchen sink as he should've, all "costs" associated with turning around the brand new factory (what an admission of leadership failure) should've been levered to last year and i don't think they did (e.g. inventory write off not likely enough)...
Bullboard Posts
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