Post by PressRelease on May 08, 2024 5:58pm
New Press Release - Good Natured Products Inc. Announces Completion of Partial Redemption of Convertible Debentures
Comment by
tinselfarm on May 08, 2024 8:09pm
Makes sense. Debenture holders packing it in. I'm buying a lot more at this level.
Comment by
doggy123 on May 09, 2024 11:10am
Watch it a roll over is coming in the near future..........Management should all be fired with no question ask...........now trading at 3 cent
Comment by
tinselfarm on May 09, 2024 3:16pm
I doubt a reverse split is in the cards as it would serve zero purpose. The company is gonna sell for xxxx and we are all gonna get the same regardless of how many share ls are outstanding. Remember that most debenture holders are institutions who are simply dumping for tax selling. They don't care if they get 2 cents or 20 cents a share. This will taper off and stabilize.
Comment by
shareswapper on May 09, 2024 7:33pm
There are 2 types of Debenture holders, those that just wanted to clip the coupon and those that want to short the Bejeesus out of this. Then there's irrational, disgruntled shareholders that bought in the Dollar range. Truth is, with or without this dlution we are worth a lot more than 3 pennies. Once the stoopidity stops we will bounce harder than a Hooters Doorman .....
Comment by
shareswapper on May 09, 2024 7:16pm
They should give you an Oscar, we know you're loving and loading ....
Comment by
PlasticOno on May 09, 2024 3:11pm
If they are going to press all 70 million into the market I will be able to afford more shares than Munford - LOL