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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 GoodOutlook2015on Oct 09, 2018 3:14pm
130 Views
Post# 28768228

RE:RE:2.5 million shares

RE:RE:2.5 million shares
dontknowmuch wrote:
GoodOutlook2015 wrote:
let the dilution begin


 
 
Hey “GoodOutlook2015”,

Seriously, concern about the dilution? Simple question, which would you rather own shares in:
 
NSP with current outstanding issued shares, warrants, options and NO extraction facility
 
OR
 
NSP with current outstanding issued shares, warrants, options plus 1,851,851 shares & 5,555,555 options
  1. 555,556 common shares of Naturally Splendid ( the “First Tranche”) at a price of $0.27 per share for total proceeds of $150,000 upon TSXV Exchange approval,
  2. an additional 555,556 common shares of Naturally Splendid (the” Second Tranche”) at $0.27 per share for total proceeds of CAD $150,000 within 45 days of the date of closing the First Tranche;
  3. an additional 740,741 common shares of Naturally Splendid (the “Third Tranche”) at  $0.27 per share or the Discounted Market Price (as defined by the rules of the TSX Venture Exchange) for total proceeds of CAD $200,000 within 30 days of the date of closing of the Second Tranche; and
  4. grant of an option for 5,555,556 common shares of Naturally Splendid (the “Fourth Tranche”) at $0.27 per share or the Discounted Market Price (as defined by the rules of the TSX Venture Exchange) for total proceeds of CAD $1,500,000 within 45 days of the date of closing of the Third Tranche.

 
resulting in a NSP that owns a brand new current technology, high throughput extraction system, housed in their own cannabinoid extraction facility; situated adjacent to their existing hemp and bar manufacturing businesses AS WELL AS access to significant biomass to feed “the beast” under a Supply, Manufacturing and Distribution Agreement.

 
I will take the later EVERY DAY OF THE WEEK :<>
 

*****

Living in the sunshine
Always DYODD
DKM





Good intentions are good intentions, until there not. Let historical events be your guide .
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