Neptune Wellness Solutions Inc NEPTF

It puzzles me.

[goldstory]

Is Morgan Stanley stupid enough to give the acquisition of a controlling interest in Sprout Food without checking on the current Neptune's finance condition?   
Or is MC a such a con-artist to fool Morgan Stanley too?
What does MSEC want to do with Neptune?   
How would the investment come from Morgan Stanley to Neptune for what return in the future?

[TechOne]

These deals are not done on the fly.. You can be sure, MS looked through all the numbers to be posted as well as state of affairs and you can see glimpse of things they are driving for in today's CC .. Read the transcript..  There is enough substance there but no doubt I would have loved to have sold so I can buy back .. Oh well..  But I think progress here will come.. slow and

[goldstory]

Same here.  I didn't sell my shares either.  LoL I concerned if Nept had the exit strategy from the hand sanitizer business or not.  Those business can't be lasted long since the barrier is so low.   I don't know what consists of the 100M ordesr, but I believe that the substantial portion of the orders probably is about these sanitization/health related goods.

[Johnny1a]

And don't forget more news coming out in regards to supplying new brand of cannabis to the territories, quite sure Mike said under new name, not mood ring. Mike also said hand sanitizer will sell, and he gave reasons why, cuz Neptune recognized as one of the top of line. Apparently 18 brands out there soon to condense to around 3. Plus stores ordered way too much hand sanitizer and their

[mcamm10]

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[maryhill]

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[Johnny1a]

Mary hill when mike mentioned territory's I first thought of Northwest territory's Nunavut and the Yukon could be completely wrong on that. But Canada has three territory's and provinces. 

[TechOne]

About the Hand Sanitizer Question..  Here is MC's answer to that.. And honestly, you need to read the transcript of the CC.. A lot of detail buried in theree.. 

[seanj1]

Morgan Stanley, IFF and Unileaver. Obviously they are no dumb to back Neptune and Camarrata's plans. They get much more info than individual  investors do. Hand sanitizer business is over as there is an over supply. It was just a short term deal. What will be the major catalyst is CBD in CPG market that is coming and my guess is that's why Camarrata is able to ink deals with big

[mcamm10]

This post has been removed in accordance with Community Policy

[goldstory]

To me, this quarter is the last quarter that I can let go MC for his bad performance.   He should not be excused any further.  I probably write a not a pretty letter to John Moretz about MC's performance if he screws up the next quarter.

[TechOne]

And you think that will make any difference ? 

[goldstory]

It is better than muted.

[Dunworkin2]

I think we will start seeing improvements. If one looks back at their Dec. 1 news release, there were signals in that release that this quarter was not going to meet expectations due to the shift and cost in moving towards a CPG business. 

[TechOne]

FWIW.. I added today at USD 1.75 .. For long term hold..  Today's financing is all with Institutions and at $2 to close by Friday so I figure it is a done deal.. Let's see where we go rest of the year..  Neptune for sure is not your regular Cannabis play so let's see if they can execute on this 'vision'