Natural Foods Products Stock Climbs on Asset Sale

GreenSpace Brands (TSXV:JTR), a natural food products stock, moved up after announcing the sale of its Kiju brand

Sean Mason | May 22, 2019 | SmallCapPower

A big money beverage sale boosted a junior natural food products stock Wednesday. Here’s some small stocks making big moves on Wednesday, May 22, 2019 (as of 4 pm EST):

GreenSpace Brands (TSXV:JTR), a natural food products stock, jumped 21% to $0.29 on Wednesday after announcing the sale of its Kiju brand of organic juice and iced tea to Zurban Beverages for $8 million.

As well, shares of Liberty Defense Holdings Ltd. (TSXV:SCAN) fell 8% to $0.69 as the security and weapons detection solutions provider said it has signed a memorandum of understanding with the Office of the Utah Attorney General to beta test the Company’s HEXWAVE product in the state.

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VIQ Solutions Inc. (TSXV:VQS), meanwhile, reported that Net Transcripts, its law enforcement transcription services branch, generated 83 new, strategically-located clients since VIQ acquired the company in November 2018. VIQ added that new and renewing contracts from major agencies across the United States yield an annual value of approximately US$500,000 in recurring revenue. VIQ Solutions stock moved up 18% to $0.13 following the announcement.

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Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.

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