DKM’s Catch Up – part 3DKM’s Catch Up – part 3
3.
Chris Parry Article (CPA) bagcheese wrote: Long time holder… people have been scared out of NSP buy share price manipulation… it's not humans that are trading this… I smell opportunity here.
Canucope wrote: Until NSP shares who they are actually doing business with there is no hype…. the reason why other companies don't allow NSP to state who they are manufacturing for… LPs visiting ... NSP has the manufacturing SQF2 plant to "do it all"… i think there are very exciting times coming soon....
JerryBo wrote: Production at Pitt Meadows is in full swing, but a lot of stuff is made for others. That's encouraging and will reflect in the next quarter's revenues, but keep developing your own brand.
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IMO points in the CPA worth repeating:
- “CEO Craig Goodwin, who had previously stepped out to let a more experienced consumer goods hand take the wheel, only to have to step back in after the company treasury had been run almost dry.”
- Goodwin… “…we’re still here and really now hitting our stride, and a lot of those guys aren’t, or won’t be around for much longer. We said we were building a business, and we have.”
- Where Naturally Splendid is now is, a fat production facility churning out mushroom bars, protein bars, Keto bars, peanut butter bites, sport snacks, all for both their own brands and a litany of well established companies who you’d totally recognize if they were allowed to reveal they are manufacturing for those companies. ‘That’s ours and that’s ours and…’ but all you can say is, ‘a national restaurant brand’… or ‘a recognizable grocery supplier.'” There’ll be people out there who will laugh at this, and claim its bullshit. I would have been one of them, until I walked through the company’s warehouse and saw pallets of finished, packaged products ready for shipping, and who they’re shipping to.
- If you look closely, you’d see a bunch of brands you’re not supposed to know about.
- The company recently had to delay a big deal for a US based food chain because their facility, big as it is, would have needed quick and significant (and pricey) scaling up.
- While I’m there, the phone rings incessantly from another chain that has taken one product from NSP and wants them to expand into a few more SKUs quickly.
- It’s a good show. But it’s not just a show. The frenetic pace of Calamity Craig is matched by his ops guy, Bryan Carson, who comes and goes from the boardroom to the factory, sometimes remembering to take off his hair net, sometimes not, …. “We built all this from nothing and have never got any credit for it, but just wait. It’s coming,” he says, the glee dripping from his face.
- NSP likes everyone to be able to run any part of the plant if needed. “When you gotta go full steam ahead, you can’t be slowed down by someone being sick; you have to be able to just move pieces around. We’re working multiple shifts now as it is.”
- Here’s the thing: When I signed in to NSP’s building early in the day, I took a look at their sign-in sheet and spotted two cannabis company names…. weed companies are coming to them to talk about now legal products that NSP has a lot of experience with, and the LPs don’t.
- “We can do a CBD bar tomorrow,” says Goodwin. “We have the machinery, the experience, the technology, the people, we just need to close a deal with an LP. That’s the stupid thing – we had people criticizing us for not being a weed company when they were taking off, now we actually can create weed and CBD based products, and the guys who want them have no money.”
- One day, and likely soon, NSP … will benefit from having taken the business side of things seriously, and be respected for not having followed the lemmings off the highest cliff
- “I’ll tell you this,” says Goodwin, “every person who shyt on us, everyone who called us names or dismissed what we do? We’re still here. We built something good and we’re not nearly done.”
- FULL DISCLOSURE: World Class Extractions is an Equity.Guru marketing client. Naturally Splendid is not, but in the interests of disclosure, the author is in discussions with them about an unrelated commercial opportunity.
- “Top tip: NSP is doing serious deals.”
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Hey “broke”,
Agree totally “Way to go! Craig, Bryan
and team!!” Personally I feel that finally all the people at the management level have the best interest of the company at the top of their list. There have been times in the recent past that I did not feel certain parties felt that way – but they are no longer involved – enough said.
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Hey “Canucope”,
In my experience it is common for many companies NOT to manufacture every one of their name branded products. If you read points 4 thru 6 above you can tell that Parry is saying readers would certainly recognize client names if mentioned.
They aren’t mentioned because of
NDA’s that NSP has with their clients. I wonder if replacing “internationally reaching company” in the
Nov 13th N.R. with the actual client name would really influence your actual buying of shares of NSP or cause more hype around the news release.
There have been many people who have been through the plant, past employees and current employees who all potentially know the client’s names. The rumours/speculation are spreading slowly, you can choose to believe or not believe.
Here is a suggestion for you - read these posts in order:
1,
2,
3 now read the
Nov 26th N.R., then check these
five links:
1,
2,
3,
4,
5.
IMO the “hype” will happen in time
;<) **
Hey “JerryBo”,
Yes, production is in full swing at Pitt Meadows, I don’t know the exact number but I am guessing that all the cycles of production currently involve 70 – 80 employees – pt/ft – (see #8 above). It is my understanding that production staff runs during the day (
picture), once the production run is finished for the day, the cleaning crew comes in and cleans the production facility and once they are done a crew who does the ingredient mixing comes in and prepares the mixes for the production crew to do their runs for the following day.
NSP is producing a lot of “stuff” for others and I am glad of it – IMO the more the better.
As Craig Goodwin states “We….have gone about building a 'business inside of a business', that is positioned to service the plant-ingredient based nutritional market, while remaining available to service the edible markets upon securing licensing.
As client demand dictates, we are prepared to invest further into this facility
as currently it generates the majority of our revenue.”
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Hey “bagcheese”,
I believe that the current traders, day traders, shorters, etc. look at NSP in a transactional way – they are not concerned about fundamentals, the company, the products, the clients, etc.; the share price is just a number to them and they have one goal – do what I have to do today to make money on NSP – I may have to do something different tomorrow.
I believe this will change and I
continue to smell opportunity here
;<) *****
“NSP is a very viable business without the Processor’s License!” *****
“Living in the sunshine”
Always DYODD DKM