OTCPK:SPLID - Post by User
Comment by
geodcanon Feb 10, 2019 1:32pm
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Post# 29343906
RE:New here
RE:New hereAs a longtime investor in Nutritional High, I have shared my concerns, sometimes with a sharp tongue to evoke investor sentiment, good or bad. I have expressed concerns about the large amount of nrs that seemed desperate because of their attachment to other companies that were getting good press, and to others that seemed more indicative of goals than achievements.
It is a difficult new industry to build with changing playing fields, riddled with over-regulation and multi-level government requirements to overcome some antiquated old ideals and a war on drugs. Despite all of that EAT has slowly developed some quality oil and a couple of edibles which appealed to me to invest because I saw the value of edible/ingestables over the traditional method of smoking.
At first, Colorado seemed like a good choice because they embraced the concept of legal weed and value added products. After the fact, it seems that EAT tried to do an end run around some residency rules and didn't get the return that shareholders were expecting.
Now we are eyeballing Califonia, Nevada, Canada and Illinois\?. It seems that we have hooked up with some partners of potential in California and Nevada to try to accelerate our progress to get established.
Of concern to me is that other companies are moving quickly to take well established companies with broad spectrums of products, public, some in Canada where listing rules are straight forward and some US companies are throwing caution to the wind and getting OTC listings in the hopes that the State laws will supercede the Federal law.
I have remained a long investor in EAT in the hopes that we are set up for success against the onslaught of competition with their rapid progress. Real news that will move the shareprice up for EAT could be about increased sales and revenue that exceeds expenses, or conquering and delivering California. California could be our template to expand on, if we can do it successfully. I would like to see full effort and resources to get it right in California and then we can take on the world. glta and dyodd