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Naturally Splendid Enterprises Ltd V.NSP.H

Alternate Symbol(s):  NSPDF

Naturally Splendid Enterprises Ltd. is a Canada-based company, which develops and distributes healthy lifestyle foods and products. The Company owns Prosnack Natural Foods Inc. (Prosnack Natural Foods), a food manufacturing facility. Prosnack Natural Foods focusses on nutritional bars, Chii Naturally Pure Hemp, which is a retail line of hemp food products, while Pawsitive FX is a line of all natural balms for dogs. The Company has also developed technologies for the extraction of healthy omega three and six oils, as well as a protein concentrate from hemp. It focuses on manufacturing and distributing an extensive line of plant-based, meat-alternative entrees. It offers functional foods under brands, such as Natera Sport, Natera Hemp Foods, CHII and Elevate Me.


TSXV:NSP.H - Post by User

Comment by Rock34on Jan 31, 2016 10:01pm
199 Views
Post# 24511136

RE:No reason to scoop yourself.........

RE:No reason to scoop yourself.........Great post DKM!! With the hemp processor ramping up to 24/7 shifts and the P0S facility hiring new staff, combined with the fact that the HempOmega study will conclude in 3-4 weeks and the share price movement Friday. It seems like the rubber is getting closer to the road.
dontknowmuch wrote:  
Hey “Rock34”,

I had to chuckle earlier today when C. Parry was so pleased with himself that he knew who “they” are when you didn’t – he even had to post about it!

It got even funnier, to me at least, when he stated: “No reason to scoop myself.” 

A little hard to believe that providing the name of NSP’s hemp processor would be considered a scoop.  Oh well, so be it!

*****

“they”  =  HPS  =  Hemp Production Services

*****

Mr. Parry, consider yourself “scooped”.    ;)

*****

Truth be known, the identity was made public in a news release dated April 20, 2015, it’s there in print just real easy to miss if you don’t read carefully:

“....the Company {NSP} will purchase a minimum of 1,365,000 kilograms (3,000,000 pounds) of bulk industrial hemp seed from HPS (the "Purchase Commitment"). The Company will be required to meet twenty five percent (25%) of its Purchase Commitment for each of the four calendar quarters commencing on October 1, 2015. The bulk industrial hemp to be purchased from the supplier will be shelled and/or crushed producing three separate products: (i) shelled hemp seed; (ii) hemp protein; and (iii) hemp oil. .....”

*****

The news release goes on to state:  “The hemp oil, in turn, can then be converted by the Company into HempOmega(TM) utilizing the Company's licensed water-soluble omega technology.”

I am speculating that NSP is meeting/has met it’s Purchase Commitment to HPS and that once the P0S plant is staffed and ready, the hemp oil will be converted into HempOmega(tm) as per above.

*****

So it appears to me that the commitment to HPS to buy bulk industrial hemp seed, the staffing of the P0S plant, and the conclusion of the SAVI research for HempOmega(tm) Product Development all appear to be coming together.

Now, if we could just get that BIG order, I think that would be the makings of a “Perfect Storm”!

*****

“Living in the sunshine”
Always DYODD
DKM


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