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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 dontknowmuchon Apr 26, 2021 3:03pm
101 Views
Post# 33068150

RE:RE:RE:This week we’ll see the progress our little start up

RE:RE:RE:This week we’ll see the progress our little start up
OrchidVentures wrote: You're entitled to your opinion but at least prove me wrong if you think the numbers are wrong.

I put up the math, do you know how much the Koreans paid for their hemp seeds? I did calculations on what was available and added a discount because it was a bulk buy. Show us your math and your sources.


As for the 20 million in sales, that's possible if 250k buy 80$ of products in 3 months. Very conservative considering there are over 400 million people in Canada and the US combined.

And finally for the bi weekly shipments. I'm pretty sure it's biweekly, we shipped 5 in a short period of time so why wouldn't it be bi weekly? They won't continue the releases lol, they wanted us to understand they're shipping often.

Ok well there you go, back in your place now and be a good boy.


 
Hey “OrchidVentures”

Greatly appreciate you allowing me an opinion – nice of you!

I truly wish your numbers and comments were correct… I am an admitted company cheerleader but even I have to be realistic about things.  I am posting some information so you and other readers can decide what if anything is wrong :<)

First – the March 30, 2021 news release states “This Purchase Order represents the fifth container shipment to South Korea since March 2020”.  I am not sure how you can say “we shipped 5 in a short period of time so why wouldn't it be bi weekly?” when the 5 containers were shipped over a one year period – not even close to bi-weekly.
 
Given Covid, social distancing, business closures, travel restrictions, etc. March 2020 to March 2021 felt like one of the longest years of my life and I am really old but good for you if it’s been “a short period of time” in your life! ;<)

Second – these are containers are shipments of bulk hemp seed to NSP’s clients in South Korea.  The containers are not full of 100’s or 1000’s of small packages of hemp seed they contain large bags of hemp seed weighing several hundred pounds each and look similar to this:

User image

https://www.conitex.com/hs-fs/hubfs/circularbag.jpg?width=300&name=circularbag.jpg

Once the bulk hemp seed is delivered to the client in South Korea… NSP is no longer involved. How it is packaged and sold is determined by the South Korean company that bought the bulk hemp seed from NSP.  If you want numbers I refer you to my earlier posts 1. & 2.  :<)

Third – Why 250k of 400 million people?  Why $80 a month, we don’t even know what the product will sell for?  Let’s hope the CavaltinibTM clinical trial is successful and the product does sell that well; however, your $20 million is just a guess. 

Ok well there you go, I’m back in my place now, really too old to be a good boy but I will try ;<)

*****
Be safe!

*****

Living in the sunshine
Always DYODD
DKM




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