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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

Post by geodcan on May 25, 2019 3:06pm

latest nr

Settlement is suggestive of some short-coming from EAT in regards to an agreement to buy a piece of a Nevada company. Where's the lawyer to advise management that they are colouring outside the lines and protect shareholders. This isn't the first time with my recollection of the Colorado deal where EAT tried to do an end-run aroundt the rules and regulations in regards to being Colorado citizens. Is this Nevada fock-up for the first failed attempt, where EAT dropped the ball because they weren't smart enough to change locations to where Marijuana was legal. A lot of things that don't work out well for this company and a lot of cash burn from these mistakes. The latest settlement announcement is suggestive of money saved when in reality it seems to me that this is a punitive settlement that the shareholders will pay for. I feel sorry for Jim Frazier as he has the title but not the power. I believe that he knows the difference between right and wrong and would run this business the right way, just based on his success with his own chocolate business. What happened to the deal with NeutraSci who are waiting for EAT to manufacture some thc and cbd products? I wonder if we will have to "settle" on that deal! glta and dyodd
Comment by LiquidOctopus on May 25, 2019 3:57pm
This post has been removed in accordance with Community Policy
Comment by geodcan on May 25, 2019 5:11pm
You are correct and I was wrong.  Apologies for jumping to the conclusion that Pasa Verde was a Nevada deal.  It is a California deal, that seems to have gone expensively wrong for EAT.  By the time the smoke clears it looks like this " settlement" could eat up our latest effort fundraiser.  Sounds like we jumped on another deal without some qualified people doing ...more  
Comment by LiquidOctopus on May 25, 2019 8:37pm
This post has been removed in accordance with Community Policy