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.

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Naturally Splendid Enterprises Ltd > NSP Purchases Packaging Line & Announces Shares for Debt Tra

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Comment by Curc2020on Jun 18, 2021 10:29am

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Post# 33410882

RE:NSP Purchases Packaging Line & Announces Shares for Debt Tra

They have finally run out of runway...

Shares For Debt Transaction

The Company announced today that its board of directors has approved the settlement of $255,225.11 in debt through the issuance of common shares of the Company (the "Debt Settlement"). Pursuant to the Debt Settlement, the Company will issue a total of 3,646,071 common shares of the Company at a price of $0.07 per share to certain creditors of the Company, including certain directors and officers of the Company (collectively, the "Creditors"). All 3,646,071 common shares will be subject to a hold period expiring four months and one day from the date of issuance.

This speaks volumes...No money in the kitty...
Good luck out there!