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

Nutritional High International Inc. Ordinary Shares > NH Financials better impress

<< Previous

Bullboard Posts

Next >>

Comment by LiquidOctopusV2on Nov 27, 2019 1:26pm

75 Views

Post# 30398806

RE:RE:RE:NH Financials better impress

I am sleepy but you could have been talking about the year end numbers.

Greede wrote: Liquid, you must be a bit sleepy today. The only numbers I could possibly be referring to are the upcoming Q4 numbers.

Look at EAT in July with their Q3 numbers. They were a full $2m better than TGIF numbers and they are a Nevada-based biz that only made $4.2m and they're currently nearly 3x our share price!

This is what we last reported so we should really do a LOT better than this, hence $7m in rev or more. If they don't I'm going to seriously re-evaluate my holdings here.

Q3 2019 Financial Highlights:

Revenue
- $6.2 million from the sale of Cannabis related products primarily via its wholly owned distributor in California, Calyx Brands Inc. (“Calyx”).
- Represents an annualized revenue run rate of $24.6 million

Read more at https://stockhouse.com/news/press-releases/2019/07/02/nutritional-high-announces-financial-results-for-2019-third-quarter#47qJupmGkK5muQma.99

LiquidOctopusV2 wrote: What are you talking about when you say $6 or $7 million. Are you talking about the growth in their revenue? Because either of those numbers would put them over $30 million in revenue.

As for cost control for the next quarterlies the big one to watch are the inventory controls. The year end numbers, we'll just have to see.

As for the companies trading at a higher market cap to the revenue, the answer to that is that retail investors are actually kind of skittish. Some of them are actually turned away from company that's got real growing business lines because they don't the NRs.

Greede wrote:
So many cannabis companies are many multiple higher than us but a fraction of our revenue. This is a chance to garner some real attention as a formidable distributor and an MSO. They SHOULD exceed $6m but will they hit $7m? I think what the market wants as much as revenue growth is cost control. At 8 cents this company is looking pretty pathetic.