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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. The Company 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.


TSXV:NSP.H - Post by User

Comment by divot111on Mar 04, 2022 4:28pm
83 Views
Post# 34485046

RE:Feel free for anyone to fair value this undervalued stock

RE:Feel free for anyone to fair value this undervalued stockIf NSP actually starts to show some meaningful revenue that outnumber the losses the sky is the limit. Unfortunately that hasn't been the case for many years due to imho way too many pivots and bandwagon jumping. Example: Cavlintab.

Maybe this time things will work out but the financials are ugly imho and need to be cleaned up. Massive amount of shares outstanding. Massive debt. No updates regarding production line and production in quite some time. Denney's? Etc. I wish you all good luck but also suggest you lock in profits next time it runs. I don't see any catalysts or meaningful follow through yet. Maybe you guys do but next time they need to raise funds the dilution will likely be massive being the shareprice currently. If they do a RS they could at least raise at a higher pricepoint meaning less dilution. RS usually doesn't work out well though for the shareholder so hopefully that won't happen anytime soon.


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