OTCPK:SPLID - Post by User
Comment by
LiquidOctopusV2on Aug 12, 2019 9:14am
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Post# 30017364
RE:Communications with Investor Relations
RE:Communications with Investor RelationsIf you're taking questions:
The major disconnect in you business model is that there are very no Fli branded products being produced in a facility that Nutritional High owns and operate.
On that premise: 1) How is progress towards a California manufacturing permit progressing?
2) Can you give a timeline on the GT aquisition in Nevada?
3) Is the company going to be aquiring Palo Verede in Colorado? Is there are timeline on that?
DustinF wrote: As per the facebook group, Ethan has been contacted for the following questions from the investor group page. I'll update as soon as we recieve a response. Hopefully we can acquire as much information they are able to share with us.
1) Nutritional High has made investments in the Asia market, how actively is NH pursing this market or has the strategy changed since the change in leadership (CEO)?
2) Is Nutritional high still on track for this quarter to produce in Sacramento or is there an update around timing or setbacks that can be disclosed?
3) Is there a focus on reducing expenses to improve profitability for this and subsequent quarters?
4) The amount of sales from FLI products appear very low when you back out the calyx contributions in terms of top line revenue. Are we seeing an increase in sales of the FLI brand or is there anything being done in the future to expand on this brand to be competitive? In terms of edibles, there are only a small handful of SKU’s when you remove the flavour combinations (chocolate shots, mints, chocolate bar … 3 products). For a company defined as an edibles company, this seems low and represents very little of the revenue. We would like to understand apart from distribution, what the product/brand strategy is for the company going forward.
5) Will NH be doing presentations to any institutional investors or has Oak Hills been actively engaged in driving shareholder value? There was a news release sharing that NH is paying ~10k / month to Oak Hills to drive this forward, not much has been shared in terms of an ROI on this investment.
6) On your social media, you post the changes in the hemp regulations are favourable for the sector. Does NH have plans to capture a portion of the CBD market or have CBD products for consideration in the coming months, quarters?
7) Any updates that can be shared around Nevada progress or the Nuetrisci partnership?"