TSXV:NSP.H - Post by User
Post by
Rock34on Jul 14, 2016 9:28am
195 Views
Post# 25051631
Burcon – Sound familiar??
Burcon – Sound familiar??Take a look at the June 27
th release from BU -
LINK Probably our most comparable public company in Canada. If you read the 2016 accomplishments they sound very similar to NSP’s 2015 year with partnership development and product studies. They announced fiscal 2016 revenues of $106,000 and an overall loss of $6.56M they are trading at an $82M market cap.
Compare this now to NSP who has more retail and bulk product lines, state of the art processing facilities, revenue RAPIDLY growing of now $6M through the first 6 months of the year and is darn near cash flow positive. Lets not forget the toe in the CBD market that will start to materialize as soon as the opportunity presents itself and you can understand why I have been here over 2 years and havent sold a share on any pops, just keep buying more at the lows.
Greatest upside stock I have ever owned in my opinion. Im here for many dollars. $10 to be exact and I have multiple more years that Im willing to wait. Great job management team on executing on everything you have said you would (CBD excluded due to external factors to date).