NetworkNewsBreaks – Eat Well Investment Group In
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Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) is reporting positive news amid challenges occasioned by inflationary pressures and shortages provoked by production problems and further exacerbated by the global COVID pandemic and now the war in Ukraine. “Eat Well’s portfolio includes protein alternative (non-meat) foods and natural baby food brands, and distribution agreements with Walmart, Whole Foods, Amazon and other companies,” a recent article reads. “Eat Well’s president and CEO Marc Aneed recently was interviewed by The Market Herald [Canada]’s reporters at The Power Play, discussing the company’s financial filings for Q1 2022, including the growth of its cash position from $545,976 to $5.5 million, and record Q1 profit for its wholly-owned subsidiary Belle Pulses of over CA$2 million. ‘Even as the markets are challenged, we can report that Eat Well is growing its company assets,’ Aneed said during the video interview. ‘[Subsidiary plant-based ingredients processor Belle Pulses] in particular is our food security play today globally…. Distributed in 35 countries and now more critical than ever because pulses are made in three places in the world – Ukraine, Saskatchewan and China, and unfortunately, the Ukraine has become challenged. So Belle is fielding calls from around the world.’”
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