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Forte Group Holdings Inc C.FGH

Alternate Symbol(s):  FGHFF

Forte Group Holdings Inc. is a diversified lifestyle and wellness consumer packaged goods company. The Company develops and manufactures a range of alkaline and mineral-enriched beverages and nutraceutical supplements for both its TRACE brand and private-label clients. It operates through two segments: alkaline and mineralized beverages and supplements and eCommerce. The alkaline and mineralized beverages include the development and manufacturing of the TRACE brand and other beverages and supplements. The eCommerce segment includes direct-to-customer sales of natural health products. The Company owns a pristine natural alkaline spring water aquifer and operates a 40,000-square-foot, Health Canada-and HACCP-certified manufacturing facility near Osoyoos, British Columbia. The Company’s distribution network includes traditional retail and e-commerce channels, delivering wellness-focused products directly to consumers through its innovative offerings.


CSE:FGH - Post by User

Post by luckyAFon Mar 10, 2022 1:19am
351 Views
Post# 34501903

Cash position?

Cash position?Just noticed the March 1 material change report... looks like there's not enough cash for the directors and officersto get paid their salaries so all the company's liabilities have been removed via more share issuance/dilution. 

ouch. how low are they on cash? hopefully they are still remitting payroll tax witholdings to the CRA. the annual statements will be interesting to read through. might need to spend an extra 15 mins.
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