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Bullboard - Stock Discussion Forum 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... see more

TSXV:NSP.H - Post Discussion

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Post by MustBuyloW on May 31, 2020 3:16pm

Pros and cons

Pros: - Owns 10 percent of a promissing alternative trestment for covid - Has very low valuation Cons: - Postponing 2019 financials - Not immediatly filling a PP at half the price of the current stock price which held for over a week. (Is the PP still open?) Is there a reason why investors are not wanting to hold this half-priced deal with amazing warrants for 4 months from pp closing? Feel free to add why a investor should buy before seeing 2019 year end
Comment by Stock20 on May 31, 2020 6:40pm
This is like VXL did. They announced financing long ago and never filled. Finally stock had run to 0.18 cents on covid-19 news and pp done at 0.075 cents and than run up to 0.32 cents. NSP has big news so far and FDA submission news alone might take us over 0.15 cents.
Comment by dontknowmuch on May 31, 2020 11:47pm
  My current response to you is pretty much the same as my December 28th response to you with some additional comments relating to your above post.   Pros and cons Pros:  - Owns 10 percent of a promissing alternative trestment for covid     >Naturally Splendid will own 16% of the joint venture as well as be granted a 10% royalty on gross sales of all products and ...more  
Comment by MustBuyloW on Jun 01, 2020 1:58pm
thanks for your comment DKM I own many shares of NSP, but im skeptical and apprehensive as since IPO every pump has rendered worst results shortly after.. One question i have is considering the PP is still open. Lets assume just for seeing both side of possiblity...With this placement being "private" couldnt NSP just use PP funds to buy their own stock while some restricted holders can ...more  
Comment by Xstorm2 on Jun 02, 2020 5:29pm
A conservative opinion, MBL. I to hate questioning the PP.   I lean toward them leveraging market conditions to maximize their position. The tools were presented, use them.   But… 5 years of that logic has put us at record lows.
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