RE:The $.14 share placement
"We keenly recognize the challenge for our business and stakeholders to cycle through reductions in quarterly revenue as we've navigated considerable macroeconomic volatility and supply chain normalization that we first identified in Q3 2022. Our outlook remains very positive about the continued strong growth in our Packaging business group, and our robust pipeline continues to perform with several new packaging deals expected to enter commercial production in the back half of the third quarter," stated Paul Antoniadis, CEO of good natured®. "We also anticipate third party industrial sales to show signs of improving later this year and continue to proactively lower our SG&A spend through cost reduction initiatives, while we also look for ways to restructure and renegotiate our long-term debt."
Lots of patience indeed. Hopefully, we'll see more buying from insiders to support this outlook. If it was a good deal at 0.14 cents it should be a great one at 0.09 cents...