Q4Lots of questions, that'll be forwarded to the right person and debated about.
On the opportunistic side , beverage formulations talks , cbd products being introduced to japanese market (I guess we should be getting news shortly as they mention introducing some products to that market every quarter in order to build customer base). Although the Prosnack deal, may not be cash flow positive at the moment , 103 or 108k revenue for 128 k or so for expenses, it did provide NSP with ALOT of retail exposure which it desperately needed at home in order to push brand awareness and increase sales!! (300k for added retail presence isnt that bad of deal imo..., especially if they can reduce overhead costs to profitability just from moving and reorganising) . Don't forget we also paid off debt which might influence the revenue versus expense part ... i'm not sure how that was accounted for.
As for wayne saying hemp taste bad, if thats your only comment, I recommend you call the office and ask for hemp omega, it's perfect. Hemp proteins are different in taste than whey/iso proteins but both are very easy and delightful in shakes (main use of proteins powder proteins) . Just find your prefered ingredients to add for desired tastebuds experience.
Management cost will also be different for operations in Q1, that'll be interesting to see.
2.5M in the bank, with super cluster $$ or not? (question I'll have to ask management)
4.5M seems to be our average burn rate for a year in past years
All we need is a fire to start the match.
Australia being propelled, Germany , New Zealand and Japan as well as canadian retail market. CBD license in june or before, then it's a matter of time before legalisation is official and money flows back, because, less hurdles for investments in hemp to flourish, and this my friends will bring added exposure and increase revenue, and ultimately, SP increase.
It's a very difficult task of building a new company with an innovative product that most consumers have no idea and simply aren't aware of because of VERY limited budget.
As an investor, it's easy to watch the SP go up and down, stressful certainly and annoying when it doesn't go the way you want, but it's a very very different way of achieving the ultimate task, which is, making money.... one only has words to increase his wealth while the other (entrepreneur) uses smarts , energy, goodwill ,dedication, effort, time, patience and perseverance in order to achieve an increase in wealth, they are the ones doing the lifting while we sit at home behind a computer. So before complaining, ask yourself, my complaining is useful in what way and in what way could I formulate this to be of help in accomplishing wealth both for me and the company I invested in?
A personnal reflection of this: I am displeased with brand awareness growth, so I think, they could research for social media influencers in germany, japan , australia and western canada in order to create brand awareness and increase sales without having to bust a few 100k's in marketing. Very efficient way to drive growth in my opinion compared to traditionnal ways of creating brand awareness. I'll have a talk about this subject with management.
Q1 at mid june if I remember well? Momentum will change by then I hope, considering all the good things that will be ahead.