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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 Curc2020on Jun 03, 2021 8:41am
114 Views
Post# 33317632

RE:Naturally Splendid Secures 10-Year Exclusive Manufacturing..

RE:Naturally Splendid Secures 10-Year Exclusive Manufacturing..Capital costs associated with commissioning such a facility is drastically reduced by leveraging Naturally Splendid's existing manufacturing facility. Final budgets are being finalized but estimated to be in the range of $900,000 to $1.2M CDN to purchase manufacturing equipment and retrofit the existing facility to accommodate the manufacturing of these plant-based, meat alternative products. Delivery time is 8 weeks of placing said order for manufacturing equipment.

With no money in the Kitty, Large debts to pay to government and other customers and over $2 million dollars working capital "deficit", it looks like another Private Placement is coming...

Australians should have done their homework.

Good luck out there!!



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