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Golden Star Enterprises Ltd. (OTCMKTS:GSPT) Stock On Radar After Recent News

Ian Leigh , , , ,

Direct-to-consumer meal subscription company, Golden Star Enterprises Ltd. (OTCMKTS:GSPT) DBA Super Fresh Foods announced that Enigmai Ltd. was sold to a number of shareholders and is no longer a part of the firm. The company filed Material Change of Events with OTC Markets.

Trading Data

On Thursday, GSPT stock ended flat at $0.0180 with more than 185K shares, compared to its average volume of 87.63K shares. The stock moved within a range of $0.0180 – 0.0180 after opening trading at $0.0180.

Golden Star Enterprises DBA Super Fresh Foods Inc. Announces Sale of Its Subsidiary Enigmai Ltd.

Super Fresh Foods is now completely focused on a new business model, in an industry that has much space to expand and is growing rapidly. The company is augmenting marketing efforts in southern BC and is aiming to expand in areas including Great Toronto and secondary medium-sized regions.

Company CEO Benny Doro said that focusing on core competencies is pivotal to identifying the competitive advantage. Doro added that concentrating on specific parts is enabling the company to attract fresh customers and also differentiate itself from the competition. The CEO added that it will aid in building a robust and loyal customer base, which is vital to long-term success.

As per Market.us, growth of the online food delivery market can be attributed to a number of factors including greater adoption of smartphones as well as changing eating habits. Furthermore, the covid pandemic has increased the shift towards online food delivery services and avoiding public places.

Super Fresh Foods Inc harnesses customized proprietary software for managing logistics by tracking meals.

Ian Leigh

Ian Leigh is a specialist in analyzing stocks, SEC and OTC filings, and financials of public and privately-held companies. He has played a significant role in M&A activity, consulting with publicly-held firms on acquisitions and divestitures. He also consults on valuations and branding. He lectures at major universities and teaches at specialty financial schools.