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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 > Terminating the agreement with Plasm Pharmaceutical
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Post by RetireAt55 on Sep 01, 2022 9:18am

Terminating the agreement with Plasm Pharmaceutical

In the Second Quarter Results for 2020:

Naturally Splendid maintains a relationship Plasm Pharmaceutical, a company that has been approved for conducting a phase 2 clinical trial approved by Health Canada for the treatment of COVID-19.

Now in this new press release:

Naturally Splendid has reached an agreement with Biologic to terminate the agreement with Plasm Pharmaceutical and is negotiating a compensation package for work done to date pursuing a potential treatment for Covid with the target drug Cavaltinib.

So are we to believe we are no longer working on a Covid-19 treatment, not that there has been a lot of news about this over the last few years? Why was this information somewhat hidden in the “About Naturally Splendid Enterprises Ltd” section of the release and not something more informative and disclosing?

GLTAL
Comment by divot111 on Sep 06, 2022 4:30pm
Lol. Do you really have to ask? You know by now what kind of management you are dealing with. Hope everyone enjoys the RS and the likely dilution that will follow. Anyone putting monies here are quite possibly braindead imho.
Comment by G1945V on Sep 07, 2022 5:58am
I tend to agree with what you say but the stock market is full of surprises. Let's wait and see how they will get out of this financial mess, if at all! GLTA, we need it. G1945V
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