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NeutriSci International Inc V.NU.H

Alternate Symbol(s):  NRXCF

NeutriSci International Inc. (NeutriSci) is a Canada-based company, which specializes in the production, and formulation of nutraceutical products within the business-to-business (B2B) industry. The Company is focused on the market development for its nutraceutical products. Its products utilize patented form of Pterostilbene called pTeroPure. pTeroPure Pterostilbene is a form of all-trans Pterostilbene that is found naturally in blueberries and is manufactured for NeutriSci by ChromaDex Corp. (ChromaDex) in the United States. NeutriSci’s neuenergy product is an energy tab designed to deliver enhanced focus and mental clarity with no sugar, no calories and no crash that is associated with energy products. It has developed proprietary IP and technology (NeutriSci IP) that creates an efficient method of bilingual absorption of nutraceuticals into the bloodstream. NeutriSci’s IP can be applied to many different categories in the beverage, food, and nutraceutical space.


TSXV:NU.H - Post by User

Post by Edcandoon Jul 15, 2021 11:35pm
175 Views
Post# 33557504

Shipping

Shipping

I got a call from a family friend that lives in Toronto. Her husband has an import/export business (relax its furniture iirc not cocaine lol). Randomly in the conversation about how things are going with  work and life it comes out that they're doing well despite some challenges. She goes on to say that shipping costs have skyrocketed (in their case  "like 5 times" was mentioned). So I get the thought to do a quick Google search and this article pops up (among many).  . It gives one example with a price increase of 547%.(link below) higher than 5 year average.  Im not saying this alone is responsible for the delay as any kind of excuse, but rather to show the weird ways this god damned pandemic has affected things in ways we may not think of. 

       My best guess on the delay is that it's been one thing after another lol , but they have been getting through them. I'm sure moving to Nevada had a little something to do with it (we assuming that order would start the day of/after order news but Nevada news came I think a month or 2 later?).  Supply chains etc. Etc etc etc. We have shipped the rush order by air. It got their quickly then cleared customs and went through distribution channel smoothly where it's been on sale since end of June (only 2 weeks ago). It's already no.2 seller at Biople (and we've seen lemon sell out more than once!).  While shipping has become a pain and risen in price sharply neither of those are too great a cause for concern. Shipping is happening and while a kick in the nuts Tabletz llc margins can allow for the increased cost. An outside the box thought also tells me the price difference between sea and air has decreased by at least a factor of 5 . My best guess is that shipping a large order by air  would be about 20-25 times more expensive. . Now it may only be 3-5 times? I never assumed the rush order to be very big . Companies want their NRs to sound as good as possible without crossing a line. NR said "thousands of each flavour 3 tab stick " if I remember correctly. So my best guess is 3,000-7,000 each flavour (I'm leaning towards the lower end as they were expecting the initial order  to be available within 30 ish days). This tells me they are very close to completeting it/and shipping). That will no longer happen lol. Even if it went out tomorrow it would be at least 3 weeks shipping and a week or 2 to make way through distribution. Now again these are just guestimates (but made after looking in to things to some degree), but I'd imagine Biople will start running  low near end of month/middle of august (and demand has been better than expected). . Selling out is great! If you can bring in more. I wouldn't be surprised to see some more go out by air (maybe not whole  initial but enough to tide over till the rest gets there  by sea?) to restock Biople and add at least some initial order locations.  A little less profit for Tabletz once (there's room when a multi million dollar order to us once they add their margins lol)but gets things going sooner and smoother . Sending more by air would also all but eliminate this latest delay of having order in Japan one month after Biople got the rush . Or we wait? Lol who knows. I still think we get numerous news this month. Hopefully sooner than later ! GLTUA

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