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Bullboard - Stock Discussion Forum 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... see more

TSXV:NSP.H - Post Discussion

Naturally Splendid Enterprises Ltd > Shipment from Australia
View:
Post by SY3XElon on Jun 02, 2022 8:26am

Shipment from Australia

Serious question. What's the point of getting containers from Australia if you have all this equipment in your facility? Wasn't that to reduce costs of shipping containers?
Comment by buddingprospect on Jun 02, 2022 9:50am
Good question indeed.  I am finally coming 'round to believing this is a pure smoke-and-mirrors operation.  Good luck to those waiting for happier days.  BP
Comment by SY3XElon on Jun 02, 2022 10:53am
Smoke and mirrors or legitimate business it really doesn't matter. The last container shipped on Aug 10th 2021 so either way products not moving. Can't wait to see those Dennys revenue on the financials they can't seem to get done on time
Comment by buddingprospect on Jun 02, 2022 12:39pm
Excerpt from NR dated 12.23.21: "The proceeds of the First Tranche will be directed primarily towards the purchase of new manufacturing equipment and facility upgrades to accommodate the manufacturing of plant-based entrees as per the Company's 10-year exclusive manufacturing and distribution agreement with Flexitarian Foods Pty. Ltd., a division of Australia's largest plant-based ...more  
Comment by SY3XElon on Jun 02, 2022 5:50pm
All this talk on ceo.ca about a lawsuit is understandable but just realize they likely have no money to pay a settlement so expect payment in Chicken Tenders. Probably why they ordered another shipment from Australia now that I think about it
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