OTCPK:SPLID - Post by User
Post by
chappelleon Dec 11, 2017 1:50pm
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Post# 27131838
Nutritional High and Palo Verde Relationship
Nutritional High and Palo Verde Relationship I have been a long hold on this stock and can use some clarification on what the underlying relationship is between Nutiritional High and Palo Verde. I was always under the impression that the Palo Verde facility was owned in whole or in part by Nutritional High. Or is it a partnership? The May 19 2017 news release doesn't really do a very good job of making the distinction.
Furthermore, I am not finding that the news release this Saturday does much to clarify things:
"... the MED alleges that Nutritional High has an undisclosed financial interest in Palo Verde, which Nutritional High denies. All financial relationships between Palo Verde and Nutritional High have been disclosed the the MED."
What would constitute an "undisclosed financial interest"? Can someone with some actual knowledge about what is going on here please respond. I feel like we are all dancing around an issue that isn't clearly described/identified.