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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

Post by Rock34on Feb 09, 2016 9:02am
168 Views
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.


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