Forte Group Holdings Inc C.FGH

Alternate Symbol(s): FGHFF

Healthcare

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.

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Forte Group Holdings Inc > Only dead companies use PO boxes

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Comment by shnepson May 16, 2022 3:45pm

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Post# 34687210

RE:RE:RE:RE:RE:Only dead companies use PO boxes

Yes, unfortunately the premise of this company was correct but with Marcello Leone steering the ship it seems the outcome was inevitable.
In the monthly report they mention "Evaluating M&A opportunities."
Merger might be OK but acquiring more junk, bailing out buddies and further diluting shareholders would be a disaster.
After the 10's of millions they've spent on deals probably the only half decent one was Keefs (which we still don't know whether it's even profitable).
Everything else has been an absolute dumpster fire and a waste of money.
Everything was executed to line insiders (and family's) pockets.
Truly a shame.
Cheers

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