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Naturally Splendid Enterprises Ltd V.NSP


Primary Symbol: 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 Curc2020on Sep 01, 2021 8:48am
99 Views
Post# 33793338

RE:RE: Re: curc2020

RE:RE: Re: curc2020Correct.  with the following stated in their MD&A I would suspect that they will not fully close this PP.

"For the six months ended June 30, 2021, the Company had a net loss and comprehensive loss of
$1,750,988 (2020 - $2,428,944) and working capital deficit of $3,137,466 (December 31, 2020 - $2,429,906).
 
The Company remains reliant on external sources of financing to fund operations and meet the Company’s obligations.

Yet their salaries are still 6 digit figures and employment under numbered companies. Not much faith in that!

Good luck out there!
 
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