RE:RE:RE:Proactive video:NSP 2019 financial numbers-revenue increaseStock20 wrote: PP buyer taking some profits here. This price will not last that long on pending news. About 8M market cap includig recent PP counting is no brainer to sell at this price when we wait for their next announcement on LOI and Health Canada. This is how I made money in market by betting on something that has huge potential. Sometime you go wrong but when you win you win big that covers your losses. Bought some more today. If it drops further before news will buy some more. Bought lots LBL too at 0.05 cenmts.
Please stop posting misinformation. This just makes you look like a pumping loser. Not saying you are, just makes you look like one.
VANCOUVER, British Columbia, June 8, 2020 -- Naturally Splendid Enterprises Ltd. (“Naturally Splendid”) (TSX-V:NSP) (OTCQB:NSPDF) (Frankfurt:50N) is pleased to announce that it has closed its non-brokered private placement financing for a total of 42,857,159 units (the “Units”) at $0.035 per Unit, for total gross proceeds of $1,500,000. Each Unit consists of one common share of Naturally Splendid and one common share purchase warrant (each a “Warrant”), with each Warrant entitling the holder to purchase one additional common share for a period of two years from the date of the issue at an exercise price of $0.055 per share. Naturally Splendid has the right to accelerate the expiry date of the Warrants if, at any time, the average closing price of Naturally Splendid’s common shares is equal to or greater than $0.10 for 10 consecutive trading days. In the event of acceleration, the expiry date will be accelerated to a date that is 30 days after Naturally Splendid issues a news release announcing that it has elected to exercise this acceleration right. In connection with the initial tranche of financing, Naturally Splendid paid finders a cash commission totaling $19,278 and issued a total of 550,800 finder’s warrants. Each finder’s warrant has the same terms and conditions as the Warrants.
The securities issued under the financing will be subject to a hold period expiring on October 5, 2020 pursuant to applicable securities laws and the rules of the TSX Venture Exchange.