TSXV:NSP.H - Post by User
Comment by
Rock34on May 26, 2015 1:42pm
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Post# 23765659
RE:RE:Honest Answer
RE:RE:Honest Answerdivot111 wrote: Lots of potential IMHO according to the storyline but I'm still not seeing anything solid. Anyone else see anything solid or just potential deals and Letters of intent and a bunch of huge numbers thrown around? You know the normal forward looking statements that penny stocks dangle. One thing for sure is the normal penny stock share issuances are present. That's pretty solid I guess.
Maybe something positive will come of it all. I heard somewhere that hope is the emotion penny stock gamblers feel the most.
I would have to agree with Divot on this one somewhat. We have technology that the sector will crave sooner rather then later, this technology creates disruptive products in two sectors, one the $4B Omega sector and the other is the up and coming CBD/MMJ sector.
On the Omega side at least we have built the capacity to produce LARGE quantities of this product which is something that small cap companies struggle with. Management has done a fantastic job in this area.
I have a big chunk locked into this current PP so I am going nowehere for 4 months (nor would I anyway) but what I need to see is a few different things in that time.
- P0S deal finalized in the next week
- Laguna deal and PO's starting to flow from it (this company needs to be more then a shell)
- A sizeabable Omega PO ($1M+) by a global company with the plans to continue ordering
- A clearer business plan for the CBD business in the USA and a revenue stream from that business immediatly.
Current concers....
- No significant revenue at this point. We need some purchase orders ASAP.
- The .25 placement that closed in February comes free trading at the end of June. We need more volume and more market interest to eat through that new selling pressure
- Are we focused enough? What is the plan with Pawsitive and Natera? Are they core business or to be dealt with later?
As I have said many times. I believe in this management team. I believe they have made A LOT of the right moves (not all...but neither have I in my business) and the foundation is close to being complete. I have put my money where my mouth is and if I am one of the "pumpers" then so be it. I believe in what I invest in....I think we still have a tiger by the tail but I want to see revenue and I want to see it 2 months ago.