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Old 01-26-2017, 03:41 PM   Nav to Top  #31
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http://www.boardmarker.net/fact%20sh...ct%20Sheet.pdf

Missing the fact that insiders own 71% of the common shares
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Old 02-04-2017, 12:51 PM   Nav to Top  #32
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Did another Google search on Sunora Foods and there seems to be a new company based in China that is specifically selling Sunora's Canola oil. Their website was updated on December 20th 2016.

河北诺斯维尔国际贸易有限公司-引领健康厨房革命

Hebei Northville International Trade Co., Ltd. is advocating the import of health food, leading the kitchen revolution of the professional importers, the company has an experienced professional management team. To provide consumers with natural, safe, green, nutrition, health food and energy saving, environmental protection, fashion kitchen appliances, to create "product traceability, quality excellence, healthy living" consumption concept. Allowing you to simultaneously enjoy the world's high-quality health of a new life.

Supply chain-Hebei Northwell International Trading Co., Ltd.
SAFE AND RELIABLE SUPPLY CHAIN

Nothwell owns professional imported elite team and lots of overseas branches, from the inspection of place of origin, signing the contract, product quality inspection, overseas transportation, to the strict control of domestic storage, to ensure that each step can be carefully, quickly, and efficiently completed.
Sunora Foods Ltd is a Canadian listed company specializing in production of canola oil.
Besler Foods & Chemicals Corp.is a Turkish sunflower oil production enterprises with 60 years history .

芥花籽油-河北诺斯维尔国际贸易有限公司

Last edited by JonnyR512; 02-04-2017 at 12:56 PM.. Reason: typos
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Old 02-08-2017, 10:15 AM   Nav to Top  #33
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Sunora Foods estimates Q4 2016 sales of $3.44-million

2017-02-08 07:33 MT - News Release

Mr. Steve Bank reports

SUNORA FOODS ANNOUNCES QUARTER 4 SALES AND CHANGE OF AUDITOR

Sunora Foods Inc. has released unaudited, preliminary fourth quarter sales for the period ending Dec. 31, 2016.

For the three-month period ending Dec. 31, 2016, the corporation had unaudited sales of $3,444,559 versus sales for the fourth quarter 2015 of $2,394,656. Sales were broken down as shown in the attached table.

FOURTH QUARTER 2016 SALES

United States $2,034,864
Canada $427,002
Overseas $982,692

The corporation also announces it has changed its auditor from Collins Barrow Calgary LLP to Calvista LLP Chartered Professional Accountants of Calgary, Alta.

At the request of the corporation, the former auditor tendered its resignation as auditor of the corporation, effective on Jan. 24, 2017, and the board of directors of the corporation appointed the successor auditor as the corporation's auditor, effective Jan. 24, 2017, until the next annual general meeting of the corporation.

There were no reservations in the former auditor's reports in connection with the most recently completed fiscal year (2015) or for any period subsequent to the most recently completed period for which an audit report was issued preceding the date of the former auditor's resignation. There are no reportable events (as that term is defined in National Instrument 51-102, continuous disclosure obligations) between the corporation and the former auditor.

In accordance with National Instrument 51-102, the notice of change of auditor, together with the required letters from the former auditor and the successor auditor, has been reviewed by the audit committee and the board of directors, and has been filed on SEDAR.

About Sunora Foods Inc.

Sunora Foods is a food oil entity trading and supplying canola oil, corn oil, soybean oil, olive oil and specialty oils in Canada and internationally.

© 2017 Canjex Publishing Ltd. All rights reserved.
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Old 02-08-2017, 08:16 PM   Nav to Top  #34
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SNF Yearly Revenue/Profit Comparison From 2014-2016
M=Million K=Thousands

2014: Revenue - $13.2M & Net Income - $189K
2015: Revenue - $10.8M & Net Income - $502K (Co-packer issue started in Q4 2015 that hurt sales)
2016: Revenue - $12.3M & Net Income - $350K ( Co-packer issue did not end until Q3 2016)
(Note – 2016 is an estimate based on Q3 results, added with the news release announced today)

2014: Cash - $1.78M – Total Assets - $4.14M – Total Liabilities - $1.07M
2015: Cash - $2.62M – Total Assets - $4.22M – Total Liabilities - $548K
2016: Cash - $3.1M – Total Assets - $5.24M – Total Liabilities - $1.3M (These are Q3 results, not including Q4)

Keep in mind that the CEO owns 52% of the common shares. A Chinese investment group owns 19% of the common shares, so that leaves 29% or 12,253,756 shares held by retail investors.
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Old 02-15-2017, 05:06 PM   Nav to Top  #35
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With the approval of CETA today (Trade agreement between Canada and the European Union), Sunora Foods will no longer have any obstacles entering any of the European countries if they so choose to. Management has been opposed to Europe for years because of the very high tariffs and other trade barriers. These will soon cease to exist, thus giving the company more potential customers around the world.

https://www.thestar.com/business/201...th-canada.html

http://cafta.org/wp-content/uploads/...ng-note_EN.pdf

On Page 1:
Canada’s agricultural exports to the EU totalled an annual average of $2.5 billion between 2011 and 2013, led by wheat, soybeans and other oilseeds, canola oil, frozen fruits and maple syrup. Canadian agricultural exports to the EU currently face high tariff rates, with average EU agricultural tariffs of 13.9 percent.
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Old 03-10-2017, 02:33 PM   Nav to Top  #36
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SNF Technical charts: SNF.V - SUNORA FOODS INC, Stock Quote, Technical Analysis, Stock Rating
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Old 03-22-2017, 11:54 AM   Nav to Top  #37
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Canada Canola Council backs China-Canada Free Trade Deal

https://www.agra-net.com/agra/public...ina-fta--1.htm

Also an additional article, edible oils are increasing in India, perhaps a new market to tap later on? But I think Europe will have more potential thanks to that CETA agreement that was recently signed. SNF is the only public company on the TSXV/CSE that sells edible oils.

India’s veg oil imports rise 17 per cent in February | Business Line
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Old 03-23-2017, 10:58 AM   Nav to Top  #38
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Some more recent articles based on Canola:

MacAulay looks to tap Asian-Pacific trade market for Canadian producers

Attention Required! | Cloudflare
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Old 03-27-2017, 10:28 AM   Nav to Top  #39
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Boardmarker is now covering SNF for IR support:

http://www.boardmarker.net/fact%20sh...newsletter.pdf
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Old 04-12-2017, 03:14 PM   Nav to Top  #40
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Edible oils in India article, easy market that SNF could penetrate along with Europe.

Profit margins draw edible oil makers to the premium segment | Business Standard News
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