Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Nutritional High International Inc. Ordinary Shares SPLID

High Fusion Inc is engaged in the manufacturing, processing, and distribution of infused edible products. The company's operating and geographical segments include Palo Verde; Pasa Verde; Oregon; Colorado; Nevada and Washington. It generates maximum revenue from the Palo Verde segment.


OTCPK:SPLID - Post by User

Comment by old_dogon May 12, 2021 11:40am
119 Views
Post# 33182854

RE:RE:Trulieve

RE:RE:TrulieveThe company itself......No one gets bigger by just growing their own brand. Oh I shouldn't say that , yes there are companies that get big and stay big because of their brand "Levis". Most companies today just buy out the smaller fish. Sometimes it's just a matter of taking something off the shelf. Like Costco for instance, they don't have an isle of different kinds of salad dressing or an isle soup. They make the choice for you and you either live with the choice or you buy it somewhere else. That's what's going on right now and a company like EAT has some nice products so why not take them out and add their products to your product line. So that where I was going with that....Business runs in cycles and war chest are built over years and when the opportunity presents itself companies with war chest will make the move to get bigger by acquisition.

That being said if they chose to build EAT up and stave off potenial suiters then so be it. Things being what they are the management seems to be turning the company around. They are also in the highest profit area of the business. Turning the company around to the point that the green starts to flow could result in NCIB if the company wants to build shareholder wealth. At current pricing or up to say 10 cents they would do well to buy back some shares if the timing presents itself. This might sound crazy but if they were green next year with 2 million in earnings after everything is taken care of and their forcast was for a 20-40% increase going forward then they would be smart to start doing a NCIB program...that would be 2 million plus 2 million from the up and coming year for 4 million to buy back shares at say 10 cents.....40 million shares retired.....you can knock down some serious share counts with numbers like that. They just need to get the green flowing. 

Full legalization in the USA will be the companies driving force.


Hope it helps HandyAfterall.


old_dog
<< Previous
Bullboard Posts
Next >>