Good Natured Products Inc V.GDNP.H

Alternate Symbol(s): GDNPF

Chemicals Basic Materials

good natured Products Inc. offers an assortment of plant-based products made all, or in part, from the maximum possible amount of rapidly renewable resources. The Company’s segments include Industrial, Packaging, General Merchandise, Commercial Business Supplies, and Services. The Company engineers and distributes a diverse range of bio-based products across various sectors, including grocery, restaurant, electronics, automotive, and pharmaceuticals. Its operations are within the packaging and consumer goods manufacturing industry. It offers over 400 products and services through wholesale, direct to business and retail channels. It also offers direct purchasing through its own e-commerce platform in the United States and Canada and through Amazon and other third-party channels. It offers consumers, business owners and operators’ plant-based alternatives to everyday petroleum-based products that are being used in homes and businesses.

TSXV:GDNP.H - Post by User

Good Natured Products Inc > GDNP Trading Halted?

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Comment by FreddieMacon Nov 30, 2020 9:09pm

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Post# 32006590

RE:RE:RE:RE:GDNP Trading Halted?

HenoftheWoods wrote: It smells like a secondary... which I would support. It would be great to decrease some of that debt on the balance sheet. Of course, it could be for a completely different reason.

We shall see soon.

Cheers,

Hen

A secondary sale is when an existing shareholder sells some or all of their existing shares in order to put cash into the pockets of the investor.

This is in contrast to a primary or treasury offering, when it is the company selling new shares in order to raise money for the company.

So can you please explain to me how a secondary sale, as you call it, would reduce the debt outstanding on GDNP's balance sheet ?

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