Neptune Wellness Solutions Inc NEPTF

Transition

[seanj1]

Well not a pretty picture as far as sp is concerned. But I agree that B2C model was not going to get the company anywhere since most major companies have developed their own in house extraction facilities. If not sure just look at Medipharm stock. I like the transition model, Sprout was a great buy and that alone will give a nice boost to revenues going forward. As I said before Cannabis business in Canada will not be that profitable at least not for a while. The CBD in household products will be a major boost and I think that is coming. Nutraceutical and medical branches can be game changers . I am happy to hear that Transition phase has been completed and company does not plan to issue any more shares. Cash balance is in a good position as well. I also don't think that institutional investors are stupid to stay with the company at almost a record share count if they didn't expect good things to come.

[Sopranos1]

Seanj1, I agree, but i am worried about a r/s down the road...they need to pull this back up over a dollar usd, soon..10 days + they will receive non compliance from Nasdaq, which dip this even more...

[seanj1]

Not a fan of RS either, but even if it that happens they still have 180 days to get it back above $1..

[Sopranos1]

Correct Seanj1.. Actually 2 x 180 days..if they have legit issue, nasdaq can grant a second 180. cross fingers..hopefully a nice pr of a deal in the US or something in the meantime to move sp.

[goldstory]

Sean, I know that you have been around long time like I have been and provides valuable info.  I don't call you a pumper, but there are pumpers in here.    When Neptune sold the IP of Krill oil to Aker, such a cheap price, the S/P went down under $1.   I spoke with Jim at that time and he told me that there were still 180 days to get back up $1.00.   I felt

[Johnny1a]

If you have grievances with Mike call him, then post your factual results.  con    con art·ist   noun INFORMAL a person who cheats or tricks others by persuading them to believe something that is not true. I don't get the feeling he

[seanj1]

goldstory, To say that the current stock price i sdisappointing is an understatement. But I think that Camarrata is on a right path. Now how he has got here is not perfect. But also think that previous business models would not take the company far. Krill business is stagnant at best , extraction business was not going to be that profitable since most major players have developed their own

[goldstory]

Sean, I hoped that the transition from B2B to B2C was slower or implementation of two tracks.   From day one when they announced PPE business, I said that they should have an exit strategy since it was not Neptune's core business.  PPE business failed miserably. We can't help what is done and the business direction might be right, but the damage on the balance sheet is

[Sopranos1]

Several pumpers here, but that is ok, they have really no impact on sp, but when you have 3 brokerage houses go from a buy to a hold, that is concerning to the normal folks..pumpers and followers of them can think otherwise..I personally hope this gets back up to the mid 1's usd to get out of this pos

[goldstory]

Sean, the cost of sale ending 3/31 2021 was $88M.  With that kind of cost, this company will not make any profit for the next two to three years even if the revenue grows 50% every quarter.    Cash balance will not last two to three quarters, which is what's left in this year, to support the operation.  They need to cut the cost and expense down to half.    I