TSXV:NSP.H - Post by User
Post by
Rock34on Jan 30, 2016 3:17pm
184 Views
Post# 24509096
So whats up?
So whats up?We have all be waiting for revenue news for some time now, are we finally close?
We know that NSP's hemp processor has now gone to 24 hour shifts, 7 days a week - thats a good sign imo, but not conclusively related to NSP at this point.
We know that the government funded HempOmega study which is looking at idealquantities, stability and shelf life of our HempOmega in multiple applications is within a few weeks of concluding. Word has it that things have gone as well as could be hoped for to this point.
We know we have been waiting for a CBD order that was due before the holidays, next week is week 5 since before the holidays, I would say its LONG overdue now.
We know we have multiple distribution LOI's and the recent LOI with Coco's outstanding(who is a very legit partner btw - people are underappreciative of this one imo)
Lastly- we know we need cash. We know the company wants to avoid furthur dilution, which I am supportive of. So some sort of debenture financing would make some sense, but at what point.
Friday is the type of trading day that indicates something is close. I cant remember if NSP has ever had a 30%+ increase in one day, regardless of price point. I do look forward to the multi million shares traded daily ahead once the rubber does hit the road.