Nutritional High International Inc. Ordinary Shares C.NHL

Primary Symbol: SPLID

High Fusion Inc is engaged in the manufacturing, processing, and distribution of infused edible products. The company's operating and geographical segments include Palo Verde; Pasa Verde; Oregon; Colorado; Nevada and Washington. It generates maximum revenue from the Palo Verde segment.

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Nutritional High International Inc. Ordinary Shares

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Comment by BeenHereBeforeon Nov 06, 2015 12:29am

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Post# 24265001

RE:Another vague NR

This is a five-star post all day long.

Any post that questions management on this sycophantic board full of lemmings gets downrated. Don't worry, I got your back when asking REAL questions about smoke and mirrors NRs.

Good job, TheRaj.

TheRaj wrote:
Guys, here we go again with another vague NR ... this time the title of it is:

" NUTRITIONAL HIGH NEGOTIATES A SELLER TAKE-BACK MORTGAGE FOR A PROPERTY IN ILLINOIS ANDFINALIZES ACQUISITION AGREEMENT "

This tells me plenty about EAT's present financial position ...

1- "Negotiate" usually means desperation, and judging by the location of the property I would say it's just that .... desperation.

2- A "take-back mortagage" is like getting or borrowing money from a loan shark who works a the very same casino where your doing your betting.

3- Posner offrers zero details about "the realestate property" ... We don't even know if its developed, meaning if there's even a building with utilities that feed it. Is it possibly that the property is just a piece of land with no building on it on it - if so then this propoert will take more time and money to develop.

4- Posner didn't even say what the address of the property is?!?!?! (This has been overlooked by all of you) If they did only buy just some land then the city/town council would not have designated an address yet until a land and building development plan is given to them.

5- This time, offering company shares to the seller as part of the offering deal was not an acceptable means of negotiation .... wonder why?

6- EAT has made it loud and clear that they don't have anough cash to pay up front the $350,000 price tag and so they needed this take-back mortage. Posner didn't even mention if the company made a down deposit! ( I guess not, hence the negotiation part) This must mean that EAT is expecting some sort of revenues soon if they're to make the monthly payments to this loan which I estimate to be roughly U.S. $2,000 - $3,000 per Month ... we don't even know what the terms of this mortage are really.