TSXV:NSP.H - Post by User
Comment by
Curc2020on Jun 03, 2021 8:41am
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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!!