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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

Naturally Splendid Enterprises Ltd > Big deal...100m at .03 or 50m at .05
View:
Post by Notthatbright on Nov 24, 2021 12:54pm

Big deal...100m at .03 or 50m at .05

nearly the same damn thing...and the PP @ .05 was cancelled.  And why would they do a R/S, would be of no benifit.  NSP is not seeking an uplist. What would be achieved by such a move?
Comment by divot111 on Nov 24, 2021 1:04pm
It makes it easier to raise funds at a higher pricepoint bud and the shareholders dont get obliviated with every PP because the dilution is much less. I see no reason why they wouldnt do a PP at some point. Dont worry though. It will be done for the good of the shareholders if it happens. Lol, Good luck.
Comment by Notthatbright on Nov 24, 2021 1:10pm
Mgmt had no plan, and thus no takers at the .05 PP price point.  They shot themselves in the foot with that offering.  Mgmt has thier s$$t together with a plan for the investment and a path foreward for a return from the PP stakeholders, and investors alike. 
Comment by divot111 on Nov 24, 2021 1:11pm
I meant to say I see no reason they wouldnt do a RS at some point. Not PP. They did that already multiple times.
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