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Bullboard - Stock Discussion Forum Eat Well Investment Group Inc C.EWG

Alternate Symbol(s):  EWGFF | 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... see more

CSE:EWG - Post Discussion

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Post by jermiah777 on May 18, 2022 1:36am

Amara

Look,,their are 115 million shares of EWG.   The majority are owned by insiders.   Only 63000 shares get traded today and the price drops 13%.   Did the real value of the company go down?  Not at all.  People can sell their shares for 5 cents if they want, it doesn't change the  the real worth of this company.   Why is the price down? Well, twice the financials got delayed and this naturally spooked some investors fearing something is wrong.  And naturally, it also made buyers reluctant to get involved until financials are posted.   Do you the reader still own shares?   Or have you sold?   Consider this:
Jessica STurzenegger, the CEO for Amara company has not sold her shares of EWG and is very excited about Amara's future.
Gino Bortone  is Sapientia's Founder and CFO and he has not sold his shares of EWG and is very excited about his company within EWG.
And Mark Coles the chief Investment officer of EWG, who seems to have a large role in Belle Pulses, has not sold his shares and is excited that Belle Pulses is expanding.
And of course Marc Aneed is very excited with the company.   So Marc has made it clear that their are still maintaining about 60 million for 2021 revenue, with bottom line profitability.  It was just us investors that he told, but he told the CEO's of the three portfolio companies.   Their is no way he is lying to them.  When they acquired  Belle Pulses and Sapentia and Amara, they obviously started communication and a relationship and a partnership with these three companies.  And the CEO's of each agreed to come on board.  So everyone is a shareholder.  Everyone is interested in the financial report coming out.   The number of updates has revealed that their is nothing of concern to us shareholders.  The issue simply being doing an audit on a company that amalgamated 3 companies, and them not being in the same country, has made it a complex task.  So it is delayed.  That's it.  But none of the insiders seem to be concerned except that it has made the share price take a beating.  So they got ITG to trade shares with the obvjective of creating a "REASONABLE" market.  The implication is that panicky shareholders are unreasonably dumping their shares at a time when very few buyers will buy until financials are out.  But the value of the company is still sound.
This company Amara is a real winner in my opinion.  If you look on their website it also reveals that their food is made with "Amara's patented technology"  So their technique of making a shelf stable organic food where you just add water or milk is a patented process.  That should give us some security that Amara will continue to grow.  And maybe be bought out...who knows?    But in the meantime, their is only good news about this company and all 3 of its portfolio companies.   Their is a bright future.  It is growing.  Every division is doing fine.  The financials will show they generated 60 million approximately at a profit.   This will give confidence  to their goal of 100 million for 2022.
Comment by DeeDee59 on May 18, 2022 6:53am
Why do they care about share price?  Buy more on the cheap or do they want to raise more $$$ at a higher valuation? Fumbling the financials shows their(CFO) incompetence at the public mkt level.
Comment by InvestingIvan on May 18, 2022 8:18am
Lot of words and lots of hype but nothing material in months. Your post is nothing but assumptions, none of that has been publicly stated in financial filings. Taking this long to file simple financials is a joke.
Comment by jermiah777 on May 18, 2022 4:42pm
Wow....what a disastrous day for the markets. Every single stock im following ( 18 of them) was in the red except for EWG. Incredibly at one point in the day EWG was up 18% to 32 cents. This will gap up real quick once financials are out and markets can relax that this is an amazing investment
Comment by jermiah777 on May 18, 2022 8:20pm
So stocks suffered the biggest single day loss in two years....and EWG goes up on this disastrous day. Lol...that's fantastic. The new video that Daniel is interviewed in he says Amara is " ON FIRE". And praises the CEO of Amara as one of the very best in the plant based field. That's fantastic news.
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