GNIN filed with SEC - USD 500000 product sales in the last 3 months. GNIN signed up with Perfetti, Vernon, Canadian retailers and several other wholesales too establish distribution. Vernon has placed product reorder already; that mean customer acceptance.
I have no idea of GNIN's expenses.... so cant really say about their net margins... ( profitability )...ie why financials are necessary to strengthen my case.
In the end this is still a penny stock (because so many of it are hopeful assumptions) and hence the risks are higher.. If the sales are growing... it is highly likely that there will be a bounce back...
Again stocks are all about betting against the odds... I find that there is a strong case for a comeback.
Some investors played smart and made quick money at the expense of other ;)... but if the company fundamentals are strong...stocks will eventually rise.
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