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Neptune Wellness Solutions Inc NEPTF

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

Comment by Realityck1on Mar 26, 2019 9:58am
84 Views
Post# 29535996

RE:RE:Well, that explains it...

RE:RE:Well, that explains it...Amazing how they give their first update in 3 months to cover a bad news release. Seriously what kind of lawyers do their hire - first the lawyers they used in the royalty scenario give away the farm and we get very little on the royalty front - and now they lose another battle against their nemisis Hartland. How much did they spend on the latest case?
Now if they only thought to release that update about plant expansion and the second  license (where'd that need come from, just slip that little detail in Jumbo) then we would be starting closer to $5 rather than the $4.04 we closed at yesterday.
Well a few penny flippers will do well today but the long term shareholders are still waiting for more contracts.
This is what you call a smoke screen type of release - trying to distract from the bad news so you release a fairly toothless PR.
This won't get us back to the $5 sadly. Real, significant  contract news is needed.

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