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Bullboard - Stock Discussion Forum Very Good Food Company Inc VGFCQ

Very Good Food Company Inc is a Canada-based company. The Company engaged in food manufacturing.

GREY:VGFCQ - Post Discussion

Very Good Food Company Inc > best case scenario
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Post by ashcake on Mar 16, 2022 2:43pm

best case scenario

I think best case now is that they get taken out (of their misery) by a larger conglomerate like MFI. These guys are small,boutique operators. Should have remained as such and a seller of local plant based foods. Lilkely investment bankers convinced them otherwise. Greed 
You could see misteps like the personal loans etc that said they were novice capital markets players. Good thing the loans were retracted.
I took a big loss here a few weeks back after they suggested that bthey were confident in keeping their US listing. That dream is gone for sure now...delisting all but  assured in US. perhpas a 10-1 consolidation next?   Sad
Comment by CanadianKia on Mar 16, 2022 6:23pm
I think if you have an option to invest, you would go with Beyond just because their SP keeps freefalling. I dont see a logical reason why another company would pay for them. What are you getting besides a few products and properties/facilities that you now have tot manage. I originallly like their company, thinking their production expansion would lead to something, but they completely F'd ...more  
Comment by hurko87 on Mar 27, 2022 1:34am
This post has been removed in accordance with Community Policy