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Eat Well Investment Group Inc EWGFF


Primary Symbol: C.EWG Alternate Symbol(s):  C.EWG.WT

Eat Well Investment Group Inc. is a Canada-based plant-based food investment company. The Company is focused on agribusiness, foodtech, and consumer packaged goods (CPG) brands. It offers the opportunity to invest in the entire plant-based supply chain, from seed-to-market, not a single brand or a single piece of the value chain. Its subsidiaries include Sapientia Technology LLC (Sapientia), Belle Pulses Ltd. (Belle Pulses), and Belle Pulses USA LLC (Belle Pulses USA). Its subsidiaries are at the forefront of processing, distributing, and marketing plant-based foods. With its family of private labels and owned brands, including Sapientia, Belle Pulses, and Eat Well, the Company is engaged in feeding families worldwide. Sapientia is primarily involved in the development of intellectual property (IP) in the savory snacking sector. Belle Pulses is a pulse processor in Canada. It produces a variety of pulse products to meet the demanding ingredient needs of the food industry globally.


CSE:EWG - Post by User

Comment by jermiah777on Mar 26, 2022 2:58pm
186 Views
Post# 34548541

RE:EWG's Management Cares!

RE:EWG's Management Cares!Wisee....I totally agree. I was a little concerned and phoned management. It went straight to voice mail. So I texted Spencer as he gave me permission to. Amazingly 5 minutes later he phoned me. And yes everything is fine. I will quote the gist of the news release:___________________Many complexities were involved with the multiple acquisitions completed by the Company, over a short period of time, and the subsequent audits have required thorough diligence, resulting in such delays. The Company is not aware of any specific accounting or audit concerns at this time. ___________________ So that is it. 3 profitable acquisitions were acquired and merged into one company so recently that it is taking longer for auditors to do. So in truth, Marc made it clear their are likely more acquisitions coming as this company grows to a billion annual revenue. I checked canadianinsider.com and sure enough...lots more insider buying by that financial capital Rothham I believe is the name. They bought every day last week including Friday. And likely will keep buying over the foreseeable future. So here's the exciting part: The CEO stated in as late as March 8th that projected 2022 revenue to be about 100 million. But year end for this company is November 30 2021. December 2021 is already part of year 2022. So when the CEO said projected revenue will be between 90 and 110 million, the 1st quarter of 2022 was already over. ( December January and February). So they already know roughly the revenue from the combined new company for 1st quarter and have restated their projection. Thats wonderful. So his projection has merit and a base to it. But since the Ukraine War is making what this company produces much more in demand. You can stop driving your car and ride a bike if you can't afford gas prices. But no one can stop eating. And this company is going to be a crucial supplier of healthy food for the world. I'm very excited about where this will grow to
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