Good Natured Products Inc V.GDNP.H

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

[HenoftheWoods]

@Freddiemac

Thanks for raising that point. Technically, I should have used the term follow-on offering. That is what I meant, and that was clear enough from my post since I also said the company could use some of those funds to retire debt. Some people use the term "secondary" loosely like me to refer to a follow-on offering (please read the excerpt below). Anyway, at this moment we don't know exactly what the news will be, though the company did file a week an NI 44-101.


A secondary market offering should not be confused with a follow-on offering, otherwise known as a subsequent offering, or a dilutive secondary offering. In a follow-on offering, the company itself places new shares onto the market, thus diluting the existing shares.^[2][3] "Secondary market offering" can be understood as an offering on the secondary market, and is thus different from a secondary offering on the primary market — in other words, an offering following an initial, primary-market offering. A follow-on offering which is the second offering from a company can be understood as a secondary offering on a primary market, which is where the confusion between a dilutive (follow-on) and a non-dilutive secondary market offering possibly comes from.