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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 BlazzingKon Apr 19, 2016 9:51pm
150 Views
Post# 24786886

RE:Warrent Extention: Why?

RE:Warrent Extention: Why?I remember reading somewhere that warrants cost the company something when they get exercised. I might be mistaken, but if it were so, this would explain why they would extend (preserving capital for future P.O's or any business related stuff instead of just paying investors). If you remember, the cash flow position of the company wasn't too high and if we needed to have additional P.O's we might need additionnal money to get them executed (according to the latest webinar). In any ways, I think they are trying to preserve as much money as possible in order to protect the company's finance and prevent having to dilute again. Craig stated in the last webinar, that he would prefer any other options before having to dilute shareholders again. We'll see what happens. As for Spaceman, honestly, I have the same opinion you do. Sometimes I expect alot of this company but then I am reminded by talking about hemp to non investors that alot of people are still clueless about this product and all it's benefits.... or do they even give it credibility because of all the brainwash that was done by our government in the last few years/decades.... It's a shame we have to start from nothing but I think it's very possible to build something strong, we just need patience...

p.s I'll try to find a worthy source for my warrant thingy.
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