Bullboard - Stock Discussion Forum Promino Nutritional Sciences Inc. C.MUSL

Alternate Symbol(s): MUSLF

Promino Nutritional Sciences Inc., formerly Element Nutritional Sciences Inc., is a research-driven Canadian nutraceutical company. The Company is specializing in the development of science-based products for the global consumer packaged goods market, with a portfolio focused specifically on muscle health. The Company's lead product, Rejuvenate, is a formulation that is clinically proven to... see more

CSE:MUSL - Post Discussion

Promino Nutritional Sciences Inc. > My Pick in the CPG Health sector ($ELMT)

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Post by StockHawk1 on Jun 16, 2022 4:01pm

My Pick in the CPG Health sector ($ELMT)

The nutraceutical company Element Nutritional Sciences (ELMT.c $ELNSF) has shown that it is growth-focused reporting that in Q1 2022 revenue increased by $2M from Q1 2021.

Overall YoY rev growth was 559% with a gross margin of 40%.

Over late 2021 and early 2022 $ELMT expanded the distribution of their Rejuvenate product which prevents age-related muscle loss.

Now Rejuvenate is stocked in huge US retailers like Publix, Pattern, Sam’s Club, and Walgreens.

Now $ELMT is using its strong relationships with retailers to push out its new muscle health product called Promino.

$ELMT closed stable today @ $0.22

MC $24.546M

https://financialpost.com/pmn/press-releases-pmn/business-wire-news-releases-pmn/element-nutritional-sciences-reports-q1-2022-financial-performance

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