[pual]

I may be naive but the reason I keep describing our CEO incompetence in general management of a startup like business is maybe (just maybe) she or someone close to her will endup realising how stupid her stubborness is and making them wakeup before they get to the point of no return. For now they have a development/distribution company (no manufacturing), few assets (excluding patents getting old) and no marketing worth mentionning. More recently they try to survive by diluting the shareholders.
Hope you did not lose to much exiting (may be the smart thing to do).
Personally I keep my shares for 2 reasons:
- My NET cost is very low (I traded effectively a couple of years ago) and I do not care if my current owning goes away,
- Cannot believe our CEO will keep destroying the company forever without waking up or having someone close to her influencing her.
When that affair started, our CEO envisionned a $5,000,000,000 billions business within 5 years. Considering the market she is in, that was feasable but she blew it big. Let's see if I will endup saying I knew and should have sold at $0,25 or so so.

[mrdecember123]

i exited my last shares-------pual, you hate this company personally, i suspect. Repeating yourself for months upon months here. Your consistent negativity got to me. Tiring.---------------------------------But seriously, the way you post, why you still own shares or post anymore makes no sense. GLTA here.

[pual]

I wonder ... What will it take for the woman to realise she needs help ?
Alternatively, does she intend to just keep going issuing shares indefinitely till we own sub penny shares ?

[pual]

Inexistant marketing, manufacturing issues, ... however plenty of A/S to use (dilution) for creating funding to keep doing the same as usual.
What a mess !

[chilar4567]

Didn't anyone notice this tidbit?

Else Nutrition Reports $5 Million Overnight Offering of Units; Launches Full Product Range in Canadian Outlets of Leading Retailer of Organic, Natural Foods
8:59 AM ET 11/16/23 | MT Newswires
Else Nutrition Reports $5 Million Overnight Offering of Units; Launches Full Product Range in Canadian Outlets of Leading Retailer of Organic, Natural Foods
08:59 AM EST, 11/16/2023 (MT Newswires) -- Else Nutrition Holdings Inc. (BABY.TO), which lost 6.1% yesterday, said Thursday that it plans to raise gross proceeds of about $5 million via an overnight offering of units priced at-the-market.

The company has entered into definitive agreements with a single, healthcare-focused institutional investor for the purchase and sale of 13 million units of the company, which will be sold at an issue price of $0.385 per unit.

The offering is scheduled to close by Nov. 20. The company plans to use the net proceeds to fund research and development, fund sales and marketing, acquire inventory, and for general corporate purposes.

Each unit will be comprised of one common share and one common share purchase warrant. Each warrant will be exercisable immediately to buy one common share at $0.45 apiece and will expire five years after issuance.

In more company news, Else Nutrition said Thursday that it has entered into a partnership with a leading retailer of natural and organic foods to launch its products across Canada.

The launch includes Else Nutrition's entire product range of Toddler Nutritional Supplements, Kids Drinks, and Baby Super Cereals.

Else Nutrition and the retailer now plan to launch the company's products in the US market.

[pual]

Nice post. Thanks
1- CEO incompetent: I often mentionned she is a good scientific person having developped a great offering and buying in, I did put my money where my mouth is. My point is that she understand business management as well as I do of scientific topics. The consequence is that our offering is the best kept secret in the industry.
2- Marketing is the answer to everything: No just one of the four skills a business manager should be able to manage directly or indirectly (with R&D, manufacturing and finance).
3- My credentials: 17 years with IBM (regional manager for the last 5 years) 17 years with a startup competing IBM with Japaneeses who developped an outstanding offering. I contributed to make our Canadian company grow from no revenues to $140,000,000 and ended up national vpn of the company
4- I'm now much to old to offer my services and anyhow, I'm sure there are great people better qualified than i am in the understanding of the markets we try to get to.
5- No it all: never hinted I do and could not have done what our CEO did. The fact is she doesn't understand marketing an d I do not pretend knowing what product development is.
6- Finally over the initial years I traded somehat with this stock and now own a lot of shares with a reasonable NET COST (still in the red obviously). I do not need the cash I still have at play and being an optimist, I assume someone will endup getting our CEO to understand that building a multinational company worth more or less $35M after years of effort is the closest thig to failure.
You may believe that this is ''just another meaningless statement'' and that is your opinion that you can have. At least in my case, my opinion is one of someone who still has skin in the fight.

[BruceLake]

And just another meaningless statement from someone who I have been “patiently” waiting and hoping he would change his tune. You have made it abundantly clear over and over and over again that you believe the company is not spending enough money on marketing and that the CEO is incompetent. Okay fine, you’re entitled to your opinion even if I and others disagree, but please stop coming across as some sort of expert who believes the answer to everything is the degree of marketing. Post your credentials and the role you’ve played in furthering the fortunes of startup companies. Further, as some have repeatedly suggested, why not offer your services?

I find the “know it all” arrogance in your posts really nauseating. If you can grasp what I’m trying to say, nauseating in the same way that Mr. Tapioca nauseates everyone with his repeated suggestions that he only invests in blue chip stocks. In other word stocks from companies like Else Nutrition are beneath him. I could go on and on about this personality trait, but I won’t. It’s not very becoming!

For the record, for personal reasons, I sold virtually all my shares over a year ago. But I have kept a few, if only to continue keeping an eye on the company and to offer moral support to others who are invested and still believe in the company.

[pual]

Just another meaningless statement by an incompetent dreamer.

[pual]

In your dream. I must admit I tought our stupid CEO would finally figure out how ridicule her overall management capacity has been. Here she is with another insignificant move following another disastrous quarter (what acrazy excuse she offers).
This investment I tought I had has become a bet. The bet is: Will she wakeup and look for appropriate help or will she wait till all she has to offer is a pile of patents someone may want to get? At current pps, I keep my bet (net cost after 3 years) running and hope the woman not to br suicidal.

[bar1080]

That says absolutely nothing.

"In addition to the first stage, the parties shall negotiate other opportunities beyond product commercialization.The Parties anticipate signing the definitive agreement by the end of Q1, 2024.

Or maybe not.

[pual]

Our ceo is desperate and digging her financial grave. Having had such an opportunity and blowing it gradually because of her incompetence. Saw histories like that (failure with great innovative products) before but never tought this woman was that stupid as a business manager. I'm afraid the worst is to come with that stubborn person in control of the company.

[Hezekia]

THIS is why Else went up so much yesterday: It has the potential to change everything.

Else Nutrition and Danone Enter Into a Binding Multi-Stage Collaboration
Vancouver, British Columbia--(Newsfile Corp. - November 13, 2023) - ELSE NUTRITION HOLDINGS INC. (TSX: BABY) (OTCQX: BABYF) (FSE: 0YL) ("Else" or the "Company"), is pleased to announce that it has agreed to a multi-staged collaboration with Danone S.A., a worldwide leading company specializing in fresh dairy products, plant-based, water and specialized nutrition.

Else and Danone signed a letter of intent ("LOI") on November 13, 2023 providing for a multi-stage collaboration subject to the finalization of certain commercial terms. The LOI was entered into following Danone having completed extensive due diligence.

At the first stage of the collaboration, Else and Danone will enter into a License Agreement whereby Else's products, which are plant based, soy-free and supported by clinical evidence, shall be included in Danone's specialized nutrition portfolio and manufactured, marketed and commercialized by Danone. In addition to the first stage, the parties shall negotiate other opportunities beyond product commercialization.

The Parties anticipate signing the definitive agreement by the end of Q1, 2024.

[janeyH]

Total revenues were $1.7 million CAD for the third quarter of 2023, versus $2.2 M for the same period last year, due to a deliberate shift of limited inventory earlier this year, away from e-commerce channels, towards new retail channels.

DUh fuck??????????????? I am so out of this stock

[Harbor6460]

My guess it got diluted low with no money and smart hands buying the dip oversold a lot on market cap

[Jbon]

I haven’t seen any news posted, what’s up

[Harbor6460]

I have to say I’m sad I didn’t join the party at .13. Stupid me. I said .20 was a Great entry. Enjoy the run

[BruceLake]

I was thinking the same thing. At the very least one would expect both Mr. Marketing and Mr. Tapioca to chime in. Quite obviously some just cannot handle positive news.

[janeyH]

$0.4133
+$0.1837 (+80.009%)
and not a peep around here???

[pual]

I think our CEO will have to contract for some more shelves space since we seem to be in the business to grow the number of shelves we can get to.

[pual]

Will not be able to listen to the conference. Hope to read a summary herein later.

[pual]

I hope they will not ask us to submit questions for the conference. In any case the last conferences only included questions they created by themselves.

[chilar4567]

Else Nutrition to Report Third Quarter 2023 Financial Results on November 14, 2023
11:23 AM ET 11/8/23 | GlobeNewswire

Else Nutrition to Report Third Quarter 2023 Financial Results on November 14, 2023

A conference call is to be conducted on November 14, 2023, at 10 a.m. ET

[pual]

How would you like getting 25 or 30 cents per share?
I do not respect our CEO's skills relative to marketing but I do respect her for both her scientific skills and intellectual capacities.
Why in the world would just sell our (her) company for $5,000,000 ??? Pet shops are worth more than that.
THE PROBLEM WE HAVE is marketing, ability to generate revenues and manufacturing costs. The value of the company is based on our products. If someone buys us, he shall have manufacturing inhouse manufacturing facilities and marketing programs to integrate us into at minimum additional cost.
If our CEO decides to open up to offerings (???) she has something to offer that could be atractive to many. I just hope she would accept help negociating. I finally assume that a major in our industry would be happy to make the acquisition thru issuing shares of it own instead of throwing out cash.
The example I gave earlier is just that 'an example'. However current market conditions in our industry should make us a great acquisition target for many.

Thins being said, our stubborn CEO may very well still believe she will be a multi billion $$$ busines within the nex 2 years (objective she set 3 years ago was ($5,000,000,000 within 5 years).

[Justaroundthecorner]

Buy out? Careful what you wish for. Many years ago I held stock in a company buy out. They bought the business and ALL outstanding shares. How would you like getting 25 or 30 cents per share?

[pual]

Wow! we were so much desperate to acquire more shelves ???
If only the 'Multi-Billion Dollar Markets' we get in knew we do exist in a busiseness othe than acquiring shleves !!!

[pual]

The industry will have to react and ASSUMING WE GET FDA APPROVAL, how would our offering address or not this issue?
Whatever the anser, if the company doesn't have the means to inform the market, we shall keep having shelves with boxes no one can figure out what they are all about.

[pual]

I agree. As for a deep pocket, there are plenty of companies that could buyout our outfit with their pocket change or unused authorised shares of theirs. Our current market cap is less than $50,000,000.
Let's take as an EXAMPLE JUST FOR FUN ... Nestlé who bought Gerber in the past would decide to go after our CEO assuming she still has enough smart to entertain a discussion with them (???)
Nestle current market cap is more than 5,000 times ours ($ 267B, shares being traded at $100). Assuming Nestlé wanted to
- get rid of a potential (??) competitor,
- boost their Gerber offerings and
- acquire our patents,
it could offer us 5,000,000 of their shares or 0.0019 addition to their current O\S).
For Nestlé shareholders adding 2 tenths of 1% of their O/S would be, to say the least, negligeable but for us it would mean 10 times our current PPS.
As for 'advertizing' this move would not necessarely mean adding advertizing budget for Berger, but just would need to add our product to their current budget.
QUESTIONS:
- Is our dreaming CEO available to negotiate with Nestlé/Gerber, following the FDA (hopefully) favourable decision?
- Is the above the best she could get?

[longview1]

I hope someone will be there to do marketing other than you know who!

[chilar4567]

- Else Nutrition Holdings Brief: Announcing United Kingdom Market Launch; Says Marks First Foray into the Multi-Billion Dollar European Market
7:33 AM ET 11/6/23 | MT Newswires
-- Else Nutrition Holdings Brief: Announcing United Kingdom Market Launch; Says Marks First Foray into the Multi-Billion Dollar European Market
07:33 AM EST, 11/06/2023 (MT Newswires) --

[bar1080]

ABCnews.go.com: "Pediatrician group issues warning about toddler 'formula' products." From October 20, 2023

https://abcnews.go.com/GMA/Wellness/video/new-warning-issued-milk-toddlers-104167885

[chilar4567]

pual, I believe the only salvation will be some type of
buy out/partnership once FDA approval, which isn't
necessarily a "done deal". It has to be someone with very
deep pockets to finance the necessary advertising budget.
As you've noted, pual, advertising is the requirement for
eventual success.
The products, I believe can stand up for themselves.
The only thing she has accomplished.

[brojazzy]

Says the idiot who's been posting here for almost 2 years lol bwhahahahahahaha

[bar1080]

Dumbest investors I've ever seen. GL with the Alfalfa, Buckwheat and... penny stock Baloney, as the fake food sector sinks into nothingness.

[pual]

Probably not but our dreamer as a CEO has no clue how to get out of the mess she created and up to now stobbornly kept believing that she could make it without help from some one (or many) create a successful environment. I however do not hold my breath, this type of person being frustrated to the point of not doing what has to be done, believing it would make her look bad (To her: Cannot get much worst, you already have proven you are selfish and a frustrated incompetent person related to what is needed in here)

[Harbor6460]

This is some chart. Looks like company going out of business imo

[pual]

Very happy for him but his successful background is definitely not the main consideration one should expect for such a job in that specific a market. Online marketing is ok but it has to be very extensive so mothers of young children hit such Internet advertizing messages.

I just took a few minutes (Google search) to look for how baby food producers do their marketing. I noted two sentences in particular:

1- As early as in 2015, advertising spending for baby and toddler food, infant formula, toddler milk, and one nutritional supplement brand aimed at young children totaled $77 million in all media, PRIMARILY TV and MAGAZINES

2- I also read that A HIGHER FREQUENCY OF EXPOSURE to formula and baby foods in digital media (self-reported by parents) was associated with greater odds of purchasing these product.

Primarily TV and magazie and higher frequency of exposure on digital medias. Our strategy seems to be putting the chicken before the egg and even then in a not large frequency.

I personally consider these to be critical steps to be covered even before loading shelves with a product no one ever heard about (except shareholders).

[Justaroundthecorner]

So you wanted someone to do marketing? Careful what you ask for! Introducing...Marc Kenigsberg is Chief Marketing Officer at Else Nutrition Holdings Inc. Marc Kenigsberg is an online marketer who works in the online gaming and hi-tech space. Marc Kenigsberg has been working in the online gaming world since 1999. Marc Kenigsberg is an online marketer who had worked in the gaming space for several years. He joined as a first Microgaming casino operator in 1999. Marc Kenigsberg started the Bitcoin blog BitcoinChaser.com as a hobby project in 2013 and has become an outspoken advocate for Bitcoin and Blockchain. Marc Kenigsberg (@marckenigsberg) on TikTok | 694 Likes. 2.2K Followers. #quotesforlife for #dailyinspiration and #motivation maybe even a #smiletoday. Ask and you shall receive.

[pual]

I assume our mission to fill empty shelves with boxes no one knows about. We must now be on 1,000,000 shelves (excluding Amazon) but our sales remain negligeable. What a mess ...

[chilar4567]

Received by Email today:

News and Press Releases

?
Else Nutrition Announces a Leading Canadian Grocery Store Chain First to List its Whole Plant-Based Ready-to-Drink Kids' Nutritional Shakes
Retail Chain to Offer Else's Unique Plant-Based RTD Kids' Nutritional Shakes in Over 100 Stores, Bringing Great Taste and 40% Lower Sugar Content to Canadian Families in November 2023

?

?
Dear Larry,

We wanted to share some exciting updates with you, as we know you have an interest in Else Nutrition news. We've just released our latest press release and are pleased to include you in our circle of informed supporters. Inside, you'll find the latest developments at Else Nutrition. Your continued interest and support mean the world to us, and we can't wait to hear your thoughts on our latest endeavors.

Feel free to access the press release by clicking the link below:

?
Read Now

[chilar4567]

JP, Been thinking that issue being weight on pps.

[chilar4567]

JP, Been thinking that issue being weight on pps.

[jpike]

Hey Chil, You and I own P--S. Schwab has been carrying it as "NR" which means "not rated" due to a prior event but they do not say what that was. Perhaps the law suit not being dismissed. Just an fyi.

[pual]

Best kept secret in the market.

[bar1080]

The whole faux food sector's crashing today. Kinda amazing!

[longview1]

The new parents we talk to have never heard of this product, wonder why?

[pual]

Not a bad move, granted.
This being said, our CEO has no clue what marketing is all about and what is needed to reach prospect clients, i.e. parents. The whole industry at least advertize their offerings so parents fnd out about their products but WE ADD SHELVES AND TECHNOLOGICAL ADVIRTIZING CHANNELS MOTHERS OR PARENTS OF BABIES DO NOT GO TO"
Our CEO loves 'announcing' to her shareholders who probably do not even have kids but doesn't have a clue relative to promoting our product to the market we presumably would want to reach.
What a mess! Here we are with an outstanding product and this remains the best kept secret in the market.

[chilar4567]

Here's the press release:
Else Nutrition Says Ready-To-Drink Kids Shakes Approved for Sale by Online Organic Marketplace
8:08 AM ET 10/18/23 | MT Newswires
Else Nutrition Says Ready-To-Drink Kids Shakes Approved for Sale by Online Organic Marketplace
08:08 AM EDT, 10/18/2023 (MT Newswires) -- Else Nutrition Holdings Inc. (BABY.TO) said Wednesday that its Ready-To-Drink Kids' Nutritional Shakes received approval for sale on an online organic marketplace in the US.

The online marketplace, which follows a membership-based model, offers a curated selection of organic and natural products.

Also, Else Nutrition said the recent events in Israel have not resulted in any business interruptions for the food and nutrition company.

"We are honored to have our products listed on such a high-profile platform that resonates with our vision of offering nutritious, ethical, and sustainable options for families. This listing significantly amplifies our mission to make plant-based nutrition accessible to a wider audience and we're appreciative of their leadership as a "first-to-market" online partner," Hamutal Yitzhak, CEO and co-founder of Else Nutrition, said.