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Very Good Food Company Inc VGFCQ

Very Good Food Company Inc is a Canada-based company. The Company engaged in food manufacturing.


GREY:VGFCQ - Post by User

Post by ashcakeon Mar 16, 2022 2:43pm
215 Views
Post# 34519382

best case scenario

best case scenarioI think best case now is that they get taken out (of their misery) by a larger conglomerate like MFI. These guys are small,boutique operators. Should have remained as such and a seller of local plant based foods. Lilkely investment bankers convinced them otherwise. Greed 
You could see misteps like the personal loans etc that said they were novice capital markets players. Good thing the loans were retracted.
I took a big loss here a few weeks back after they suggested that bthey were confident in keeping their US listing. That dream is gone for sure now...delisting all but  assured in US. perhpas a 10-1 consolidation next?   Sad   
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