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Bullboard - Stock Discussion Forum Good Flour Corp C.GFCO

Alternate Symbol(s):  GFCOF

The Good Flour Corp. is a Canada-based company. The Company manufactures and processes a line of gluten-free and allergen free products for individual customers and larger, food service customers, which include restaurants. Both of its individual and food service customers are located across North America, Australia, and the United Kingdom. The Company's products include All-purpose baking... see more

CSE:GFCO - Post Discussion

Good Flour Corp > Some mixed signals
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Post by throwaway11 on Dec 16, 2021 11:25pm

Some mixed signals

The company is sugesting itself as a "Beyond flour", which to me says they are trying to get as close as possible to wheat flour rather than to make an alternative with its own flavor/texture profile, like nutmilks vs cow milk.

This is a good aspiration to have, since many gluten-free flours do not have the same workability that allows it to be used in many pastries. So, I attempted to email the company to find out more about the properties of it.

Their server or some mail filtration system they are using rejected by email. I am using a widely used email provider.

I found the CEO's contact information and let him know directly that this was occuring. I never heard back from him.

I will have to buy their product or try it once and see for myself whether or not I really want to invest in this.
Comment by throwaway11 on Aug 25, 2022 5:00pm
So most of a year on, come back to this stock to see a fair sudden uptick. ~$150k of shares sold by institutions so far.  Not sure if I would invest in this based on what I am reading in the contents of share capital in their latest statements. The panago news is very good but I think the downside is big at $23m and all the paper described there.
Comment by throwaway11 on Jan 19, 2023 2:04pm
Very interesting to see how this stock has behaved so far. Seems to be almost no user activity on this forum and very few comments over 1 year period on Yahoo page. Not much retail fanfare.  Meanwhile, limited fanfare on Reddit with only one topic that is asking about the product itself and not just a post about the stock. Appears like nothing but stock bots mentioning it on Twitter. So ...more  
Comment by StockShark on Jan 20, 2023 9:38pm
Don`t bother buying it if you are not comfortable . It all depends on if all these new  sales deals bear fruit ? It`s very hard to pick up a decent position as it is very thinly traded .All I see is lot`s of good news and a stock with 70 million out standing shares and no one wants to sell ... or buy ( but you couldn`t even get 20k between here and 3.50 ) . I We have been trading a little ...more  
Comment by throwaway11 on Jan 21, 2023 2:44am
I just said I wouldn't. I'm posting this for others interest, not my own. My main point remains: even if they had $3,000,00 revenue per year -  they are now valued at $71.5m, and this trading activity seems to have been spurred by institutions or large buyers/sellers since there is next to no visible retail interest online anywhere. In that case ask yourself why an institution or ...more  
Comment by throwaway11 on May 19, 2023 3:00pm
IMO my theory was probably accurate. Co. was asked by OTC markets to address promotional activity about itself. I have noticed that without explicitly searching for it on google, that my post (which I quote here) is not actually findable by browsing the bullboard directly. Not sure if this is a mere glitch or if stockhouse deliberately hid my concerns and doubts.
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