Naturally Splendid Enterprises Ltd V.NSP.H

Doing my DD here

[David_Adell]

There seems to be alot  of  ad nauseum  posting and re hashing   of the same info  by about a handful  of posters.  Why not chill  and take a break from the  incessant pumping and let others have the pulpit.  There is a cult  like  following here  by  these posters and  a little balance is  needed here.  So I thought I'd  let  the  uninformed about a few little known facts.

First of all Charles  Brink role is not clearly defined.  Where is  the company located?  It seems like Colorado is the US base of operations.  Nice if Mr  Brink  lives there but if  you google his  name  he is running as a school  board  candidate  in  his native  Florida.  Red flag to me   cus I like to see  management  in  one central location not spread out all over the place. Second point is  every one  talks about  Mona Vie  success and accept it as Gospel  Truth. If you research Mona Vie  according to a Forbes  article  it  resembled a pyramid scheme.  it was a simple  MLM   scheme  and less than  1 % of distributors actually made money.  As for all the health benefits  of Mona  Vie, a  Mens Fitness  study showed it had  less nutritional  value than a serving of  apple juice.   Brink  left Mona Vie  in 2007  and the Company had alot of lawsuits  associated  with false advertising.  in addition,  they were sued  by  Oprah and Dr. Oz because some distributors    said they  endorsed the products and they didnt.  The red flag here  is  that hemp is controversial  and if these guys rely on "cowboy"  distributors they will  be crushed by  bona fide  competitors with impeccable  track records such as Manitoba  Harvest.  Manitoba  Harvest has been in this for 15 years.  NSP is    a johnny come lately  and no one trusts  newcomers to a " hot " industry, especially   on this Exchange.

Second  point the " news"  of David Racz  involvement is not NEWS ' its a re-hash as well.   David Racz  was on the management team  of  FSL  over 5 years ago  so this is a re hash  of news as well.

As for  the Maple Leaf   executive    to the Advisory Panel remember its only a PANEL.  There are a ton  of  companies in  challenging industries   now such as mining,  metals,  gold andautomotive that  have bright minds on their panels too  but they are in dire straits. A  PANEL  MEMBERSHIP  not be construed  to be  hands on management.

As for Naturally Splended the  organizational sctructure   has  too  much vagueness.  Shareholders do not know  what the revenue  sharing deal is with Naturally Splendid  ( your share ownership )  with the  divisions.  It is not   defined to any exact detail.   The Venture Exchange is full of companies with  managements that run  the companies like personal  piggy banks,   they do this via    the infamouis  "Selling,  General  and Administrative Expenses".  Entire   PP  money can be used to pay salaries  to  key people with  zero   funds allocation to a business plan  execution  and it happens all the time.


Why does a    Company with limited assets have to  have a lab in Ireland, a lab in  BC  ,a President  in Florida,  a  USA  division head in Colorado  and a team in Vancouver.  I see  alot of cash wasted.  Why is  that ? Is   this  an elaborate  way to  blur accountability  in multiple jurisdictions?  I  am not sure  but I see it as a red  flag.

Do your own due diligence.  Cheerleading belongs   on the sidelines  in professional  sports  so  lets leave it there.  I  have sent emails  to the Company  with "hard"  questions.  Not one  has been sent back to me.  Does IR  answer the  cheerleaders and not respond  to the tough questions.   Lets see   if the Company  responds   with a news release to clarify some of my points.  Is this   bogus ? No   I dont believe it is.  But the  secret to find the gems from the  dried up  gum on the pavement  is   by proper  DD.