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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

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Post by AFGKhan on Dec 10, 2019 12:42pm

Lost 1 but gained 6

Hopefully, the next financials should be interesting and bring back some positivity. Even though it would not be adequate based on today`s news, it should show some growth with the new products that were signed in September. Keep in mind we had signed 5 distribution deals in september ( District 11, PurBlend Science, Prime Care Nuvata, Punch Edibles, Extract Solutions) and 1 Distribution deal in October with Golden Triangle. Despite losing 80% of revenues, can someone quantify how much we are gaining with these 6 deals ? Greede is right in saying that Panic selling isn`t the wise decision. We have no clue how much these 6 distribution deal willl generate and at what margins. It could potentially be better than Product Plus alone . Ive been holding this stock for over 3 years now and I am just as frustrated as the rest of my fellow investors. However, I will not sell yet. No point of selling at these levels.
Comment by Greede on Dec 10, 2019 12:50pm
This is the classic case of the dangers of relying WAY too much on a single source of revenue since it can all go away in one fell swoop? So maybe (one can hope) they knew this was a concern and they were looking to diversify and of course PLUS didn't like this, much as they were trying not to compete they knew they needed to branch out.  Can't imagine they were COMPLETELY flat ...more  
Comment by AFGKhan on Dec 10, 2019 1:07pm
Well by looking at the financials, I believe they had no other option than to diversify. Relying simply on Plus would've never made them profitable. Sales were definately increasing but the margins weren`t following as drastically as sale. The latest were 23% and we all know that`s not enough to keep the company sustainable. They also probably came to realisation that Plus could not offer more ...more  
Comment by geodcan on Dec 10, 2019 2:37pm
You're seeing diversification???  They just lost their most profitable product line.  They took the wind right out of the sails of Calyx and who the fock is going to rely on these guys to distribute their line of products?   What is missing by our management team is doing some work on their own instead of tagging along for the ride. We are going to find out what the pieces are ...more  
Comment by oggyswain on Dec 10, 2019 2:44pm
Did you end up selling? Or did you sell a long time ago?
Comment by letsflythis on Dec 10, 2019 2:47pm
on the plus side our first 10 million shares traded in 2 years !!!
Comment by mooresy on Dec 10, 2019 2:54pm
What a brutal day!
Comment by weedstocks303 on Dec 10, 2019 3:09pm
This post has been removed in accordance with Community Policy
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