Good Natured Products Inc V.GDNP.H

What is expected now.

[Dragon1475]

Can anyone provide some insight on what's expected now from GDNP

[tinselfarm]

They have till October to turn the ship around. See how they do over next couple quarters. 

[Dragon1475]

What would happen if they couldn't, will they be able to sell their company, so that the shareholders could make something out of it?

[kyoung28]

I don't think GDNP can be sold as a whole but piece by piece at bargain price cause bank and debt collectors won't waste their time to negotiate for a better deal. It is same thing for banks when they sell foreclosed houses. all they care is to cover their loans.I don't think we're going to get anything out of it. 

[Passerbuyer]

They'll likely need to shed away some of these acquisitions. I wonder what will remain after all is said and done. Will there even be a company to salvage going forward? https://investor.goodnaturedproducts.com/category/business-partnerships-acquisitions/#:~:text=Bought%20Deal%20Offering-,good%20natured%20Products%20Inc.,Million%20Bought%20Deal%20Equity%20Offering&text=Business

[esifor]

Servicing their huge debt is partly the problem that is killing them. Interest expense has increased from $3.4M in 2020 to $8.1M expected in 2024. That's close to 50% of the cash loss they have. Wondering now that the interest rates are starting to come down, can they reduce their interest expenses?