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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 dontknowmuchon Aug 26, 2021 1:47pm
168 Views
Post# 33770284

RE:The Denny’s Thing..... :<)

RE:The Denny’s Thing..... :<)
dontknowmuch wrote: Hey “Xstorm2”,

I updated my notes on the following NR that “odzie1” calls “the Dennys thing”:

NSP Announces Select Denny's Canada Restaurants to Offer NATERA Meat Alternative Entrees – June 11, 2021

*****
Denny’s as described in their company profile:

Denny's Corporation is the franchisor and operator of one of America's largest franchised full-service restaurant chains, based on the number of restaurants. As of June 30, 2021, Denny’s had 1,645 franchised, licensed, and company restaurants around the world including 149 restaurants in Canada, Puerto Rico, Mexico, the Philippines, New Zealand, Honduras, the United Arab Emirates, Costa Rica, Guam, Guatemala, El Salvador, Indonesia, and the United Kingdom. We are committed to serving the best interests of our shareholders. You will find key shareholder information and financial reports available to help put Denny's Corporation's financial performance into perspective.
 
More history about Denny’s than you probably will ever want to know can be found @: https://www.dennys.com/company/about/  Denny’s has been around for over 60 years.

*****

Denny’s Canada – over 70 locations.

Dencan Restaurants owns and operates over 60 Denny’s Restaurants across Canada with Northland Properties Corporation being the ultimate parent company having acquired the franchise rights in 1990 to Denny’s Restaurants in Western Canada (BC, AB, SK, MB).

*****

Denny’s USA - over 1,700 locations (includes the Canadian locations).

There have been a few comments on various forums that vegans/vegetarians wouldn’t go to Denny’s.  Not all family units are strictly vegan/vegetarians and families do tend to dine out together and dining out is an easy Meatless Monday for non vegan/vegetarian families. 

Some of Denny’s history with plant based and/or vegan food can be found in this November 17, 2016 article - Surprisingly Vegan Food at Denny’s! and this September 25, 2020 update Here’s Every Vegan Option at Denny’s (2020).
 
The Denny’s Veggie Burger - January 2, 2020 - Denny’s use Dr. Praeger’s veggie burger patty
 
Denny's inks deal with Beyond Meat to supply new menu item - Oct. 28, 2019
The initial pilot with Denny’s will include all of the South Carolina-based restaurant chain’s Los Angeles Denny’s.  …  The restaurant chain will roll out the Beyond Burger nationwide in 2020.
 
Denny's Expands Partnership with Beyond Meat® and Launches Popular Plant-Based Beyond Burger® - Jan. 27, 2020
 
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Eventually Denny’s Canada added it:

Denny’s Canada Cooks Up New Beyond Burger - July 13, 2020
 
Long before the June 11th NR I believe someone on SH suggested that Denny’s was/might be a client of NSP.  I don’t have the link in my notes so I may be wrong and it may just have been one of the many rumours out there.  I did check the Denny’s Canada menu at that time and the Beyond Burger was on the menu.
 
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I just checked both the US and CDN Denny’s menus and this is what is showing:
 
Denny’s Canada

Build-your-own-burger - Lettuce, tomato, red onions and pickles included, you choose the rest. Served with wavy-cut French fries.
 
No mention of the Beyond Burger on the Denny’s Canada menu that I could find.  I haven’t been to a Denny’s to know what they are currently offering under the build-your-own-burger but could be the NSP burger.
 
Denny’s USA
Build-your-own-burger
Lettuce, tomato, red onions and pickles included. Served with wavy-cut fries.

(CAL 860-2000)
Select Item as shown or customize

PICK YOUR PATTY (REQUIRED)

100% Beef Patty (+$11.29)
Grilled Seasoned Chicken Breast (+$11.29)
Beyond Burger Patty (+$13.29)

PATTY CHOICES (OPTIONAL)

100% Beef Patty (+$1.99)
Grilled Seasoned Chicken Breast (+$1.50)
Beyond Burger Patty (+$2.00)
New! Fried Chicken Breast (+$1.50)
 

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So we know that a delegation from Denny’s Canada quite some time ago likely had a taste testing session(s) at the NSP test kitchen.  They decided to test a limited number of NSP products at a limited number of locations.  I have only spoken to one person who had any of the NSP products at Denny’s – the Garlic Chick-Un Kiev – said they did a good job of it.

The NR suggested that “The carefully chosen selection of NATERA products will be prepared and served using Denny's signature seasonings and sauces, making them unique for their much-valued customers.”

The following quote from this recent article Restaurants embrace plant-based meat alternatives tailored to their brands - August 4, 2021 could easily apply to Denny’s thinking in testing NSP products:

“There has been a lot of public discussion about plant-based beef and meat substitutes, and whether or not plant-based is a fad or a trend,” SupplyTrack President Tim Fires said in a statement. “But the fact of the matter is, chefs and operators see the plant-based protein category as a flexible option for developing recipes and menu offerings that taste good, and their guests enjoy. Plant-based is now a staple in their repertoire."

The NSP June 3rd NR (10-YEAR EXCLUSIVE MANUFACTURING AND DISTRIBUTION RIGHTS) states:  “This facility will be capable of manufacturing a wide range of plant-based alternatives for beef, chicken, pork, fish and shellfish. There are multiple variations within these categories, which in turn provide significant choice for consumers. This in turn creates a significant distribution opportunity through multiple channels.”

I believe that Goodwin stated in one of the recent videos that once manufacturing is happening at the PM location the product “recipes” can be tweaked to the specifications/satisfaction of NSP clients (i.e. Denny’s).  Remember taste testing has been done on product from Australia without any tweaking.

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I have to agree with odzie1 about the Denny’s thing – I believe it is more significant than a lot of people might think.  If the Denny’s Canada testing goes well there is a very good prospect that the NSP products tested will be rolled out to all the Denny’s in Western Canada – 61 locations.

Hard not to believe that the various owners of the 20 restaurants in Eastern Canada wouldn’t follow Dencans lead.  In addition once manufacturing is here locally; additional products can be tweaked to Denny’s specifications and added to the rollout. 

Earlier when I mentioned Northland Properties Corporation if you didn’t go their website and look around I suggest you do – click on Brands and have a look under Eat and Drink. :<)

It’s been suggested that I have been touting NSP for years……so I guess if I was to be aggressive or bold I would suggest that NSP products could possibly end up in all the US Denny’s as well.

*****

This is all JMO and speculation ;<)
 
*****
Be safe!

*****

Living in the sunshine
Always DYODD
DKM





In the above post I stated:

Earlier when I mentioned Northland Properties Corporation if you didn’t go their website and look around I suggest you do – click on Brands and have a look under Eat and Drink:<)
 
Here is the information that I thought was worth the effort to have a look at:

Moxies - 56 Locations - Vegetarian & Plant Based – Beyond Meat Burger
Chop Steak House & Bar – 16 Locations – Plant Based – Beyond Meat Burger
Shark Club – 13 Locations – Vegetarian – Lightlife® plant based patty
Boulevard Kitchen & Oyster Bar – 1 Location
Bar One – 13 Locations
Rockford Bar & Grill – 2 Locations – Beyond Meat Burger

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9 days later we got an indication of how it was going at the  :44 mark Proactive video Goodwin states: “I’m sure most people have seen our Denny’s announcement,  that the test has gone extremely well in BC, we are talking about expanding that of course.”

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Today’s news release indicates the expansion to the 71 Denny’s in Western Canada plus the 13 Bar One locations.  IMO it won’t be long before the Denny’s franchise owner’s in Eastern Canada will be on board and possibly others from the list above.

Remember this is happening with the standard product out of Australia and once manufacturing is set up at the Pitt Meadows facility product all Natera products can be tweaked to Denny’s (and others specifications).

*****

Also IMO Denny’s USA is not out of the question, just down the road a bit of course ;<)
 
*****
 
Be safe!

*****

Living in the sunshine
Always DYODD
DKM


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