TSXV:NSP.H - Post by User
Comment by
youngkidon Jan 05, 2016 12:34pm
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Post# 24430576
RE:RE:my thoughts on the sp and the company
RE:RE:my thoughts on the sp and the companyHere are my thoughts – No matter how you slice it management missed timelines and sales targets. I thought they were pretty aggressive to begin with and didn’t think they would hit those numbers so quickly.
With that being said, I’m hopeful that we’ll have a PO or an agreement within 6-9 months after the product development research is complete. It might not be huge, but hopefully it will get the ball rolling and we’ll build momentum from there.
I’m not sure what to expect from the CBD. I think it made sense on a cash preservation stand point, but this seems to be patch work until our cash position changes and they can invest the required amount into producing it ourselves.
Pawsitive seems to have created some good momentum. If they prove good instore sales, hopefully we’ll see this product expand in to more stores and the growth with continue to snowball. From there, NSP can look at selling it off to improve cash flow to invest in it’s core hemp products or just collect the earnings when it gets to that point.
As for Natera, I like the product but am concerned about the lack of brick and mortar presence. If we had great brand awareness or promotion I wouldn’t worry about it. If you do a google search or compare the Facebook and twitter accounts you’ll see we have a fraction of the social presence they have. Manitoba harvest seems to have a good grip on this market and has the financial backing to try and fight for it. With that, unless we can get into more stores, have the Asian LOIs come to fruition or have an amazing turnaround with our marketing growth could be stagnant. I really think investors and employees need to do all that they can to promote this product on social media, your websites (If you have one), and through family and friends. Talk about it, post opinions and reviews about it, buy a container and keep around the house or work so people see it etc.
That’s my two cents, hopefully we’ll have a steady march upwards soon.