New Risk • Apr 26
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$9.96m (US$7.29m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$57k free cash flow). Negative equity (-CA$16m). Earnings have declined by 16% per year over the past 5 years. Revenue is less than US$1m (CA$1.2k revenue, or US$899). Market cap is less than US$10m (CA$9.96m market cap, or US$7.29m). Minor Risk Shareholders have been diluted in the past year (6.2% increase in shares outstanding). Board Change • Apr 25
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Jeanine Getz was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 30
Third quarter 2023 earnings released: EPS: CA$0 (vs CA$0.002 loss in 3Q 2022) Third quarter 2023 results: EPS: CA$0 (improved from CA$0.002 loss in 3Q 2022). Net loss: CA$96.1k (loss narrowed 84% from 3Q 2022). Board Change • Nov 23
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Jeanine Getz was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 06
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Jeanine Getz was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Jun 08
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$7.82m (US$5.85m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.0m free cash flow). Shares are highly illiquid. Negative equity (-CA$15m). Earnings have declined by 34% per year over the past 5 years. Revenue is less than US$1m (CA$29k revenue, or US$22k). Market cap is less than US$10m (CA$7.82m market cap, or US$5.85m). Minor Risk Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Board Change • May 24
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Jeanine Getz was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Jeanine Getz was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 06
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Jeanine Getz was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Dec 02
Third quarter 2022 earnings released: CA$0.002 loss per share (vs CA$0.001 loss in 3Q 2021) Third quarter 2022 results: CA$0.002 loss per share (further deteriorated from CA$0.001 loss in 3Q 2021). Net loss: CA$606.3k (loss widened 42% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 37% per year, which means it is performing significantly worse than earnings. Board Change • Nov 21
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Jeanine Getz was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 31
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Jeanine Getz was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 30
Second quarter 2022 earnings released: CA$0.001 loss per share (vs CA$0.005 loss in 2Q 2021) Second quarter 2022 results: CA$0.001 loss per share (up from CA$0.005 loss in 2Q 2021). Net loss: CA$397.8k (loss narrowed 76% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Anuncio • May 12
Nass Valley Gateway Ltd., Annual General Meeting, Jun 09, 2022 Nass Valley Gateway Ltd., Annual General Meeting, Jun 09, 2022. Board Change • Apr 27
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Jeanine Getz was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Anuncio • Aug 20
Nass Valley Announces Development of Premium CBD Product Value Packs Nass Valley Gateway announced the launch and marketing of numerous product value packs. With more than 60 high-quality products, the company made a very bold and effective decision to create themed value packs by grouping products that address specific needs and genres, such as hair care, skin care, pet care and more. Anuncio • Feb 10
Nass Valley Gateway Ltd. Appoints Jeanine Behr Getz to its Board of Directors Nass Valley Gateway LTD. announced its Board of Directors voted to add Jeanine Behr Getz of Greenwich, CT, as an independent Director on February 8th, 2021. This comes at an important time in Nass Valley’s evolution as it readies to unveil its new menu of 30 CBD products in the beauty, sleep, and pain relief categories for humans and pets. Ms. Getz worked with TwinLab, a supplement and phytocannabinoid company, during the launch of their CBD products line. She was directly involved in creating communications, education, as well as marketing and business strategy for CBD products in the Sports, Beauty and Vitamin Supplement divisions of TwinLab. Is New 90 Day High Low • Feb 04
New 90-day high: CA$0.30 The company is up 15% from its price of CA$0.26 on 05 November 2020. The Canadian market is up 13% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Pharmaceuticals industry, which is up 79% over the same period. Anuncio • Jan 26
Nass Valley Gateway LTD Announces it Will Offer 30 New Products Including Flavored Hemp Smokables, CBD Beauty Line, and an Expanded Pet Menu Nass Valley Gateway LTD. announced it will be increasing its CBD and hemp products offering from 8 SKUs to 30 SKUs during first quarter of 2021. Nass Valley Gardens products will now include flavored hemp smokables, bath, beauty, skin products, and additional pet products. In response to their customers and to their largest sales channel partners, Nass Valley Gateway has invested in a broader choice of products to increase their ability to reach new consumer audiences. Nass Valley's new hemp smokables will be offered in three flavors: Regular, Menthol, and Cherry. The Menthol and Cherry flavors will employ a "click" technology in the filter that the user pinches to release the desired flavor. The new bath, beauty and skin products include CBD-infused Face Moisturizer, Masques, Body Butter, Face Toner, and a Brown Sugar Scrub for exfoliation. The pet lineup now includes CBD Pet Shampoo, and Paw Salve, as well as isolate and broad spectrum oil and treats, for both dogs and cats. Anuncio • Nov 18
Nass Valley Gateway Ltd Announces its Full Line of Products are Now Available on Alibaba.com Nass Valley Gateway Ltd. announced that the Company has been accepted as an approved seller by Alibaba.com and its full line of Nass Valley Gardens CBD human and pet products are now available on Alibaba.com. Anuncio • Nov 12
Nass Valley Gateway LTD. Announces A New Marketing Partnership with Branded Book Nass Valley Gateway LTD. announced its new marketing partnership with Branded Book. Nass Valley management is confident this model is ideal for expanding their customer base and product sales. Is New 90 Day High Low • Nov 10
New 90-day high: CA$0.28 The company is up 167% from its price of CA$0.10 on 12 August 2020. The Canadian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Pharmaceuticals industry, which is up 21% over the same period. Is New 90 Day High Low • Oct 22
New 90-day high: CA$0.22 The company is up 69% from its price of CA$0.13 on 23 July 2020. The Canadian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Pharmaceuticals industry, which is up 12% over the same period. Anuncio • Oct 15
Nass Valley Gateway LTD. Launches Brand New Product Line Nass Valley Gateway LTD. announced that the Company has launched a brand new product line consisting of top quality full spectrum pet products; Nass Valley Gardens 300 mg full spectrum oils, 300 mg full spectrum pet treats, and 500 mg full spectrum paw creams. With pet CBD-based product efficacy reportedly driving the market, statistics show that the benefits of hemp-based cannabinoids, high awareness among pet owners, and preference for natural pet supplements also have led to an upsurge in the pet market’s growth. Valued at USD 27.7 million in 2019, with expected growth at a compound annual growth rate (CAGR) of 40.3%, this segment of the marketplace alone is projected to reach almost $400 Million from 2020 to 2027, according to Grandview Research. As part of adding the pet products to Nass Valley’s product roster, the company has commenced marketing campaigns for both the pet and human products, which includes signing an agency agreement with Tiburon Media Group. Tiburon Media Group “partners with some of the largest web publishers in the US”, creating marketing campaigns and opt-in offers to monetize registration and eCommerce based sites. Anuncio • Sep 17
Nass Valley Gateway Ltd Enters Strategic Partnership with New Hope Labs to Heighten Scalability and Propel Growth Nass Valley Gateway LTD. announced that the Company has signed a partnership agreement with New Hope Labs, positioning management to be able to further capitalize on additional sales channels, expand its product matrix, and meet growing market opportunities. New Hope Labs will provide Nass Valley Gateway access to Natural Hemp Seed only products, farming, extraction facilities, manufacturing facilities, and fulfillment, enabling Nass Valley to enter new market sectors, build a fully-integrated hemp products company, maximize scalability, revenue growth, and shareholder value. Anuncio • Jul 20
Nass Valley Gateway Ltd. Auditor Raises 'Going Concern' Doubt Nass Valley Gateway Ltd. filed its Annual on Jul 16, 2020 for the period ending Dec 31, 2019. In this report its auditor, Manning Elliott, gave an unqualified opinion expressing doubt that the company can continue as a going concern. 