Nutritional High International Inc. Ordinary Shares SPLID

RE:RE:Brand new industry in Canada

[TheFlawsOfLaws]

Even $.25 is almost $2.00 short of a NASDAQ listing... but keep dreaming.

I see EAT becoming a US distributor for CGC. A US presence is the only thing they have. They have no products and no revenue. They traded a professional weedchef for a serial Admin assistant who also just happened to go to cooking school. Their trademarks don't stick and their deal(s?) don't work. 

ALL they have is a US presence.

That's what Bruce Linton is after, period.

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LeadTheWise wrote: I whole-heartedly agree with everything you wrote, Wolf.

I've been puzzled with the notion that CGC is simply going to buy-out EAT.  It seems to me that EAT is well-positioned in a much-larger, already-established market.  I think if they sold out now, they'd be selling everyone, including themselves, short.  If they hold on with steady growth in revenue, I bet they could be positioned to buy-out CGC in a couple of years.  Their revenues will also have a US$ exchange premium.

Think about it:  If CGC is "partnering" with EAT already despite the lack of any revenue, they must see something.  If they see it, Posner and other insiders must be well-aware - otherwise, he would have likely started the process of selling EAT right now.

I read an interview with Posner quite a while ago where he referenced CGC as strong competition, and that was also a large part of the reason why EAT decided on entering the US market, primarily...  It wasn't the entire reason, but Tweed was mentioned as a business they couldn't catch up to because they were too firmly entrenched.

I think EAT wants the big cheese, and they might have their eyes set on NASDAQ.  And why not?  I think $0.20-$0.25 sp is not totally unattainable, in the relative short- to medium-term.