TSXV:NSP.H - Post by User
Post by
Rock34on Feb 09, 2016 9:02am
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Post# 24538880
Setting up nice
Setting up niceThose that joined the run up have left or are leaving the train and its almost time for the accumulation to begin again. My opinion is that we see .50 with no news this week but I believe we are now into a few week period that will be awesome.
We have our Government funded (50%) HempOmega study concluding which will result ideally in Health Canada license for multiple product lines, ideal quantitiy counts for consumer and feedstock products with new knowledge of shelf life for product infused with our HempOmega. All indications are that the study is going very well and I for one anticipate that we have clients sitting there waiting for this study to complete.
We just saw our first million dollar PO last week and I get the feeling that there are more to come shortly. If we were even to see a PO in the $250k range or higer we will be back into the 60s no problem. The instituations have been circling the wagon here for a year simply waiting for revenue to prove itself, which it has now.
We do have a CBD order imminent. Dealing with the regulatory landscape is proving to be more challenging then the company had hoped but at any moment the stamp of approval could fly accross Craigs desk and we are in full business on the CBD front.
Laguna is close to placing their next $250k order I am told. Things are well with Laguna and NSP management has complete confidence that the $1.6M we are still owed in 2016 is not going to be a problem at all.
Coco's LOI should be finalized as the company is very happy with progress and with the partnership.
Chii sales are continuing to grow at a solid rate which we should see reported in Q4 sales but more likely the full picture will come into play during Q1 financials.
There is so much more that is on the table with pet food, pawsitive, distribution deals, investor relations ramping up in the USA....etc.
Its a good time to be an NSP shareholder. I believe new 52 week highs are very close.