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Bullboard - Stock Discussion Forum Nutritional High International Inc. Ordinary Shares SPLID

High Fusion Inc is engaged in the manufacturing, processing, and distribution of infused edible products. The company's operating and geographical segments include Palo Verde; Pasa Verde; Oregon; Colorado; Nevada and Washington. It generates maximum revenue from the Palo Verde segment.

OTCPK:SPLID - Post Discussion

Nutritional High International Inc. Ordinary Shares > Lots of recent good news, sector running...no volume
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Post by HandyAfterall on Oct 12, 2018 11:41am

Lots of recent good news, sector running...no volume

Hi all,
any ideas why eat is stagnating?  We’ve had a stream of good news lately, and just yesterday articles popped up everywhere saying President Pumpkin is going to announce adjustments to the US weed laws soon...but the volume is very low. Weird

have tun,
handy
Comment by mrmonopoly on Oct 12, 2018 11:55am
I think it's because we're an earnings release behind most cannabis companies so investors are waiting to see the latest numbers. Last numbers are from quarter ending in April... that was a long time ago. I think we should see at least $3.5M on the quarter, which would represent a 75% increase Q/Q. I really think this is a minimum expectation, and should be enough to get the SP in the 0 ...more  
Comment by Diogenes1 on Oct 12, 2018 12:11pm
Or it shows EAT has spent all their money and will need to do yet another share offering, while increasing their net loss. 20s are a lot more likely than 40s, especially with the 6.5 cent warrants expiring next week.
Comment by MarkDRichards on Oct 12, 2018 12:36pm
I disagree.  People are cautious becuase of the heart monitor this stock went on last December.  They're waiting to see what the actual earning are.  People don't want to get burnt and I'm sure there are many people who are either riding losses or accepted big losses when they bought at $.50 to $1.20.  There is a good reason for people to be shy.  The company ...more  
Comment by mrmonopoly on Oct 12, 2018 12:45pm
Calyx appears to be on pace to triple their revenues in one year (from April 2018 to April 2019 projection). This revenue growth alone is impressive and won't be slowing down anytime soon. Can you provide a link or evidence about the 6.5 cent warrants expiring next week? How many are there? How many have already been exercised? Thanks.