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The Very Good Food Company Inc. (VRYYF)

Other OTC - Other OTC Delayed Price. Currency in USD
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4.3700+0.1800 (+4.30%)
At close: 12:59PM EST
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  • O
    Oliver
    Im hyped🟢🔥 next year this stock will go over 10USD, i woud say 15-25 end of next year
  • H
    HML
    received our 1st. box. the dogs were better than expected. the company needs to include a sheet on cooking instructions - we had to go to the internet via google but did find cooking info. no reason not to have a simple sheet in the box as ill bet 50% are 1st. time users ! will post further thoughts as we try the remainder. frankly, wife thought it was better than beyond meat. we are not vegans!
    Bullish
  • L
    Laura
    Where can I buy this stock it’s not on Webull or Robinhood
    Bullish
  • m
    meg
    Info to share about bought deal offering:
    Thanks for reaching out to us Meg, it's always great to talk to an investor.

    You are correct that investors were able to buy shares for a price of $3.50 per unit, with each unit including a 1/2 warrant that allows these same shareholders to buy additional shares at a price of $4.50 over 18 months.

    Oftentimes in a financing, the share price will dip towards the price of the financing, however that is not guaranteed and cannot be predicted. In this case, the share price has continued to rise for a variety of reasons including strong Q3 financials, the appointment of a seasoned president and the expectation that this financing will lead to substantial production increases. Of course in hindsight it looks like a "no brainer" to buy the shares at what is now a lower price, however at the time it was only slightly below the market value that all shareholders were paying for their shares.

    Cannacord is not buying the shares so that they can personally "flip" them to clients at a profit, their clients pay the same price of $3.50. As the agent, Canaccord receives a fee to coordinate this capital raise.

    Shareholders should not be disgruntled, as raising money at subsequently higher valuations is the most shareholder friendly way to raise capital, as it is the least dilutive. The company now has a very healthy balance sheet, a pipeline of future product distribution and multiple facilities preparing for a boost in production. We are extremely excited about the coming years, and we hope that you as a shareholder are as well!

    Please let me know if that explanation was sufficient - otherwise I would be happy to discuss further.
  • P
    PlantBased
    I think we caught your attention now eh? Better yet order a box now!
  • H
    Hitman Hitcher
    OK folks, it’s time for me to announce the next week target price. I try to be very realistic when I set my targets. So, if this trend continues, I believe we can easily reach CDN $7.00 next week and if we do, I’m gonna treat you all with a hot free vegan cup of coffee :-) make sure to stay tuned!
  • M
    Michael
    I do not understand this. Why is it going up so much when they agreed to sell millions of shares for 4.50CN next week. Can anyone please explain this?
  • P
    PlantBased
    Those still waiting for a dip to 4, 3 2 1 etc. lol Buy at 10.00US instead.
    Bullish
  • F
    Fin
    So I have stock at 1.61 and now this is the second time in less then a month the stock has pushed 5.00. Do I sell a limited amount to cover my original investment or do I ride the wave?!
  • R
    Rangers
    Great week can't wait till the new plant in Vancouver starts up hopefully mid January.. Then look out you think 5 bucks and change is good ... Very just might be the best growth story in the Canadian markets right now..Glta
  • P
    PlantBased
    Get or special now or pay 7.00+ next week lol
    Bullish
  • l
    lars
    Great way to enter the weekend! Lets see 6 next week guys!
    Bullish
  • P
    PlantBased
    Take some profits this way you are set VERY well.
  • G
    GS
    All time high $5.73
  • B
    Bas
    Almost $5! This will be an easy $10-$15 by next summer 😁
  • P
    PlantBased
    Still lack confidence? How about the last bid of $236,900 of shares? 13 46,000 5.15 Was that you Oliver?
    Bullish
  • M
    Marcky
    If this stock ever reach 20$, i'll be a millionaire :| !
  • O
    Oliver
    I have an important question for all investors in this company, I am the only one who thinks that this company will be worth 10 dollars by the end of next year?
    Bullish
  • H
    Hitman Hitcher
    If Frankfurt is down, does that mean we're going to see downtrend here in Canada?
  • m
    manu
    Locking my sell order at $20 CAD
    Bullish