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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 to sign a multi-year agreement with US food producer.
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Post by hintonkidon Oct 13, 2021 1:04pm
384 Views
Post# 34001695

GDNP to sign a multi-year agreement with US food producer.

GDNP to sign a multi-year agreement with US food producer.GDNP released news 21 hours ago which included information on financing of the company.  Enbedded within the news release was a paragraph announcing that the company has shipped an initial order of bio-PET packaging to a US food producer and that they were expecting to sign a multi-year agreement with this same company to supply packing to the US food producer on a regular basis.  If I recall, the initial shipment was valued at $13 million US.  So, I am expecting the the reason the HALT remains in place, at the moment, is related to the pending agreement, to supply packaging, to the US food producer.  The PR of 21 hours ago did indicate that the US food producer was a major player in the US food processing sector.  So, now we just have to patiently wait for the pending news.  I'm sure that investors and shareholders will not be disapointed.
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