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

Naturally Splendid Enterprises Ltd > Get out. While you Still Can.

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Post by northmanon Aug 15, 2021 12:43pm

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Post# 33707397

Get out. While you Still Can.

This company is going to zero. They are effectively insolvent right now. Take whateveer money you have left and get out. They have a working capital deficit of over $2MM and they are losing money on every sale.

Absent a capital raise they will be out of business inside of 12 months. Either way you lose your money. I'm not speculating here either. I say this with 100% certainty. There is no hope for any of their products so don't get into a product discussion or some future scenario where this works out. It won't. Z-E-R-O Zero.

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