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Imperial Ginseng Products Ltd V.IGP

Alternate Symbol(s):  IGPFF

Imperial Ginseng Products Ltd. is a Canada-based company. The Company’s principal business was cultivating and processing North American ginseng in Ontario and selling the dried ginseng, almost exclusively to wholesalers in China, through a distributor. The Company has ceased its ginseng operation and is in the process of considering alternative business propositions and opportunities in securing new business lines.


TSXV:IGP - Post by User

Comment by rationalexuberanceon Oct 26, 2020 9:21am
169 Views
Post# 31780523

RE:See the news!

RE:See the news!good post; we know from their history that management only looks after themselves so there is risk that they could sell the assets and then pay themselves even higher salaries than they are paying themselves now......the proper thing to do would be to sell the assets, distribute the proceeds and then wind everything down; on paper there is quite a bit of value here


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