Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Nutritional High International Inc. Ordinary Shares C.NHL


Primary Symbol: 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 old_dogon Mar 19, 2021 10:39am
275 Views
Post# 32837374

RE:Not sure what we got with Palo

RE:Not sure what we got with PaloWhen I was a young man there were two type of companies that were DOOMED to FAIL......Donut shops where you went just to eat the donuts and drink some coffee.....and gyms where you lifted weights and used all the other types of equipment. I can't tell you how often you'd see really good equipment up for auction......

Today that's all changed...you can't go 2 blocks without a donut shop and on the other corner a gym to help you remove the donut you ate last week. Somewhere between the time of "It's going to go bankrupt to can I have a franchise please" there was a point of change. As it stands right now I believe we are at the point of change for this industry. Laws are being changed, attitudes are changing and a willingness to try the EVIL products are changing. Lets remember one thing Just because a company is lossing money in one set of hands doesn't mean it can't make money in another. That might sound contradictory at first but managment styles can make a big difference. 

We also may not see the synergy that management sees. For example there was a company "Acme" if I remember correctly and the CEO of that company used to hunt for the worst of the worst and then he'd look at their methods, product, and structure. Then he'd have Acme buy them out and then he'd go to work. He made the company a fortune in his ability to turn small companies into gold mines. From an outsider it would be a no brainer..RUN...RUN AS FAST AS YOU CAN IN THE OTHER DIRECTION...Not to him. The problems the better and if you think about it, it makes perfect sense. We all want the perfect company that makes money. Heck we all want the perfect everything but when we see something that is not perfect we run the other way. In most cases it takes a person with vision to get off their high horse and do some real work, get down on the shop floor to talk to the people and find out what's going on and understanding that the people on the floor have been telling previous mangement for years that things were wrong or how to do it. Or it could be new mangement looking at something and saying "lets do it this way for a change" and voila that one change makes big savings. New management might be able to negotiate better rates for rent, wholesale cost or reduce inventory cost by going with "Just in time delivery" at rates that equalled that once a year buy that needed extra storage space and rental cost.

Either way you look at it the company is under newer management and they seem to be turning the company around and this is one of the pieces they have added to the mix as part of the company and their vision. So they have a reason for it!!!!!



old_dog 
<< Previous
Bullboard Posts
Next >>