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 goldstoryon Jan 13, 2020 2:30pm

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Post# 30547416

RE:RE:RE:look like a new shares issues , and a dillution

https://finance.yahoo.com/news/neptune-wellness-says-41-4m-140046574.html

Mike came with the $41M private placement back in July. Neptune didn't have to go to bank for loan or delute the shares because of this. As far as I remember, Mike was one of the private investors. That was the reason, Mike was in as the new CEO.

Instead of protecting investor's interest, Mike may try to reach $1B market shares by deluting with more shares to get his incentive at $1B cap.

So far his track record in Neptune is terrible.

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