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Naturally Splendid Enterprises Ltd V.NSP.H

Alternate Symbol(s):  NSPDF

Naturally Splendid Enterprises Ltd. is a Canada-based company, which develops and distributes healthy lifestyle foods and products. The Company owns Prosnack Natural Foods Inc. (Prosnack Natural Foods), a food manufacturing facility. Prosnack Natural Foods focusses on nutritional bars, Chii Naturally Pure Hemp, which is a retail line of hemp food products, while Pawsitive FX is a line of all natural balms for dogs. It has also developed technologies for the extraction of healthy omega three and six oils, as well as a protein concentrate from hemp. It focuses on manufacturing and distributing an extensive line of plant-based, meat-alternative entrees. It offers functional foods under brands, such as Natera Sport, Natera Hemp Foods, CHII and Elevate Me. It has several Company-owned brands featuring plant-based ingredients, including NATERA FX, Woods Wild mushroom fortified bars, Pawsitive FX for the canine market, and Timer’s Nutrition for the equestrian market, among others.


TSXV:NSP.H - Post by User

Comment by dontknowmuchon Jun 09, 2020 10:42am
167 Views
Post# 31128518

RE:Re: dontknowmuch

RE:Re: dontknowmuch
odzie1 wrote: The revenue numbers were discussed by Goodwin in a video a little while ago. He mentioned additional shifts and some form of automation on the assembly line to get to that. The question is whether they can get there. I believe they will. Just a matter of when.


Hey “odzie1”,

I must be having a “senior’s moment” ;<)

In my earlier response to “Kowalski”, I was fixated on the suggested $752,000 as a monthly revenue figure and I wasn’t thinking about the “currently produces 400,000 bars a month and 1.72 million bites”.

They absolutely don’t make that number of bars and bites currently; that sounds more like their current production capacity before the suggested $500,000 capital outlay discussed in article. 

Following from that I suspect that the $752,000 is potential monthly revenue related to the current production capacity.

Obviously the discussion was about current production capacity/related revenues and what it could be with a $ 500,000 capital outlay.  Makes sense to me now.

*****

Be safe!

*****

Living in the sunshine
Always DYODD
DKM

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