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Nutritional High International Inc. Ordinary Shares SPLID

High Fusion Inc is engaged in the manufacturing, processing, and distribution of infused edible products. The company's operating and geographical segments include Palo Verde; Pasa Verde; Oregon; Colorado; Nevada and Washington. It generates maximum revenue from the Palo Verde segment.


OTCPK:SPLID - Post by User

Comment by Diogenes1on Oct 04, 2018 10:22pm
147 Views
Post# 28749400

RE:RE:RE:RE:Surprised this is holding .30

RE:RE:RE:RE:Surprised this is holding .30

Kiddo? Not sure about that, though I suppose I have retained my youthful glow :). 5 months ago the Company had working capital of $6M (after the $2M loss for the quarter). 6 months later, at the same rate, at the end of October, that would leave $2M in cash. They just entered into an aquisition of Green Therapeutics which includes a $1.5M land purchase, which will leave about $500K. However, now they will start to incur a $300K monthly tranche payment over the next 18 months for Green Therapeutics. That bank account is getting skinny! I think we all know they will have to raise cash again in the near future.

DiligentSon wrote:
Also Sport. Listen Kiddo, SHOULD there be another offering, the price will be relative to the valuation at the time. No chance for profit generation? Ok, ok...now I know you're just drive by bashing because you havent done any homework, AT ALL. Be better next time, come back when you're ready.

 

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