Good Natured Products Inc V.GDNP.H

Assessment

[retiredcf]

GDNP certainly has potential and is hitting all the right buttons for 'green' investors. Sales are growing, but from a small base. The balance sheet is much better after a recent financing. Cash flow is still negative though, and losses continue. Insider own 8% and have been buyers. A holding company (Yaletown) owns ~20%. It just made an acquisition to add capacity and also add $17M in sales. Overall, we like what we see but its small size adds risks. That said, the sales trend confirms that its product is good and customers are knocking. High risk, but getting more interesting for sure these days.

So said 5iResearch (perhaps a bit more reputable than Beacon) last week. Took advantage of today's weakness to initiate a long term position. GLTA

[EEasyMMoney]

We got a small taste of this compan being discovered more broadly by the investment community.  Average daily trading volume and share price are both very positive indicators over the past 3 months.  Welcome new investors to this great story on its way to being a $5 stock. For those interested in who Yaletown is follow here https://yaletown.com/   "At Yaletown, we invest

[Bullchart1]

I few are taking some profit before the new year. No worries. PP  "at an issue price of $0.47 per Common Share" scared a few off but expect they will soon be back. I too wish the pp had been closer to .75.