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good natured Products Inc. (SLGBF)

Other OTC - Other OTC Delayed Price. Currency in USD
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0.6892-0.0008 (-0.12%)
At close: 2:37PM EDT
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  • M
    Matthew
    Join me in reaching out to Hershey's if you can with their contact us form (https://www.thehersheycompany.com/en_us/home/contact-us.html):

    "Is there a plan to use biodegradable plastics for your salad packaging soon? Hershey's should take a stand on the plastic crisis by using biodegradable plastics from companies such as Good Natured Products. It is environmentally harmful to use plastics that are made from fossil fuels in solid form. I know that the goal is to have 100% of your plastics to be recyclable or compostable by 2030, but there should be action taken now to solve the climate crisis as soon as possible, rather than wait until 2030. Please let me know what percentage of your products have switched to compostable plastics, as recyclable plastics still create the problem of using fossil fuels to create the plastic packaging."
    Have a question about ingredients or can’t find a specific Hershey’s product? Check our FAQs section or contact our representatives via chat, phone, or email.
    Have a question about ingredients or can’t find a specific Hershey’s product? Check our FAQs section or contact our representatives via chat, phone, or email.
    www.thehersheycompany.com
  • p
    posterkarl
    I think this company needs to take a break from growing in sp. when they really become profitable next year they can uplist and rally with momentum. 21 is not the right time for plastic companies. Everyone talks about the pollution and needs to get informed more. Microplastic must be addressed as an issue from companies like gdnp too, of course with honesty, if how which and when the products emitting microplastic. Then still there is room for the statement about what customers rather want to go with, the more toxic petroleum based or the bioplastic waste.
  • B
    Bill
    Liberals win so I am not selling guys :) increasing tomorrow from 18,000 to 25,000 shares. To the moon!
  • p
    posterkarl
    "Liberal government announced a wide-ranging plan to curb plastic pollution, including designating plastic as toxic. If re-elected, the party has committed to pushing this plan forward."

    PLA or PHA are not considered in those evaluations supposedly. When these become an serious alternative which means are used more often and get noticed more the government might take it into account as alternatives and push towards.
  • 6
    6figure93
    The clues are in the news.

    “We've been very pleased to be able to work with our like-minded partner good natured® as we prepare to triple our production in the coming months and offer our products in plant-based, compostable packaging," said Tarek Bos-Jabber, CEO of ColdAcre.
  • M
    Matthew
    Getting tired of the constant inaction from large corporations. Just reached out to Wendy's on Facebook:

    "Is there a plan to use biodegradable plastics for your salad packaging soon? Wendy's should take a stand on the plastic crisis by using biodegradable plastics from companies such as Good Natured Products. It is environmentally harmful to use plastics that are made from fossil fuels in solid form..."
  • C
    Coffee_grinds
    since the liberals won shouldn't this go back up?
  • M
    Martin
    1-year support confirmed in the .81-.83 range. Doubled up my position at .82. Great time to accumulate before the next big news or financials.
  • S
    Skeptic
    Ive been here for 2 years this on the 20th I believe in them and have seen the growth and innovation. Go on youtube type in CBC marketplace and plastic packaging. Watch it. It'll keep your confidence. Hold long and strong
  • m
    mike
    Liberal win big for GDNP. Hoping to see an expansion to the plastics ban initiative this fall.
  • M
    Morgan
    I think we should make a Discord group. Honestly, Good Natured is incredibly niche and have fantastic products. As investors, we can help to spread the word. Also the discord group will beneficial for us to keep up to date, etc. Who’s in?
  • M
    Morgan
    Not gonna sugar coat it, the share price is doing terribly. However, the company is still up 500% on the 1 year chart. Lesson is, think long term. Short term volatility is irrelevant long term. The company is expected to be profitable next year, without any further development.
  • C
    Corey
    Here's some interesting information for investors to read since GDNP sells a lot of product to the United States.
    United States HR 2238Break Free From Plastic Pollution Act of 2021
    This bill sets forth requirements and incentives to reduce the production of a variety of products and materials, including plastics, and increase efforts to collect, recycle, or compost products and materials.
    The bill makes certain producers of products (e.g., packaging, paper, single-use products, beverage containers, or food service products) fiscally responsible for collecting, managing, and recycling or composting the products after consumer use. In addition, the bill establishes (1) minimum percentages of products that must be reused, recycled, or composted; and (2) an increasing percentage of recycled content that must be contained in beverage containers.
    Beginning on January 1, 2023, the bill phases out a variety of single-use products, such as plastic utensils. The bill also sets forth provisions to encourage the reduction of single-use products, including by establishing programs to refund consumers for returning beverage containers and by establishing a tax on carryout bags.
    The bill creates a temporary moratorium on new or expanded permits for certain facilities that manufacture plastics until regulations are updated to address pollution from the facilities.
    The Environmental Protection Agency (EPA) must publish guidelines for a national standardized labeling system for recycling and composting receptacles. Producers must include labels on their products that are easy to read and indicate whether the products are recyclable, compostable, or reusable. The EPA must also ensure that certain clothes washers have filtration units as required by this bill.
    Finally, the bill establishes limitations on the export of plastic waste to other countries.
  • D
    DapperDave99
    Put in a limit order for 0.68 a share and it didn’t get filled on Fidelity brokerage. Anyone know if I need go up to the ask price to get shares filled? Does limit or market order even matter if I’m placing a small order anyway?
  • M
    Meghann
    Anyone have concerns about the election and possible a conservative government cancelling the single use plastic bans? These are great prices to get in on, however is it the bottom?
  • M
    Maximus
    Can someone explain to me how Lightspeed (LSPD) is trading at 48x its annual revenue, based on its last quarter's revenue x 4 (115.92m x 4 = 463.68m; 22.47bn market cap / 463.68m = 48x)Whereas GDNP is trading at merely 3.8x its annual revenue, based on its last quarter's revenue x 4 (12.37m x 4 = 49.48m; 188.89m market cap / 49.48m = 3.8x)Let's examine the fundamentals/numbers:LSPD increased its annual revenue between 2018 and 2020 by 211% (120.64m / 57.08m = 2.11x)GDNP increased its revenue between 2018 and 2020 by 327% (16.71m / 5.1m = 3.27x)Based on its most recent quarter, LSPD is earning -48% revenue (115.92m rev; -49.34m earnings)Based on its most recent quarter, GDNP is earning -29.9% revenue (12.37m rev; -3.7m earnings)And yet, somehow, LSPD is trading at more than 10x the equivalent valuation as GDNP (12.63x to be precise), despite having slower YOY growth as a %, and even more negative earnings than GDNP in recent quarters? What the heck is going on with the stock market these days? Apparently fundamentals and security analysis don't even matter anymore? And lets not forget, LSPD is competing in a space with no competitive moat. Square, PayPal, Nuvei and the traditional banks all offer comparable or better #$%$ software and hardware. Amazon is even getting into the #$%$ space for small businesses. Whereas GDNP has only a handful of competitors in the bioplastics space, many with different scientific approaches/business modelsIf GDNP was valued at the same revenue and growth multiples as LSPD it would have a market cap of 2.386bn right now (188.9m x 12.63)Either LSPD is INSANELY overvalued, or GDNP is INSANELY undervalued. I personally think its a combination of both.
  • M
    M
    We should all contact our local MP/MPP and let them know how sick and tired we are of seeing plastic waste/garbage everywhere. Lakes, streams, rivers, ditches, parks, beaches, streets etc. GDNP and companies like them may not be the perfect solution for all plastic uses BUT its a start, headed in the right direction and they deserve our support
  • C
    Corey
    This is so undervalued and oversold. It's just a matter of time until this starts to skyrocket back up. Add more and hold is what I suggest to do. That's my plan as well.
  • M
    Morgan
    IMHO there's still such a long runway ahead for this company. Fantastic day! Super bullish on this one.
  • R
    RBL
    Not to worry on this one, revenue will surpass $18mil for qtr…easily without other major catalyst…