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Bullboard - Stock Discussion Forum NeutriSci International Inc V.NU.H

Alternate Symbol(s):  NRXCF

NeutriSci International Inc. (NeutriSci) is a Canada-based company, which specializes in the production, and formulation of nutraceutical products within the business-to-business (B2B) industry. The Company is focused on the market development for its nutraceutical products. Its products utilize patented form of Pterostilbene called pTeroPure. pTeroPure Pterostilbene is a form of all-trans... see more

TSXV:NU.H - Post Discussion

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Post by 123600 on Jan 30, 2021 12:16pm

$raise

that        raise was micky mouse $370/K and 50c no less. Wat's the matter with the multi ml order is it not bankable?
Comment by Edcando on Jan 30, 2021 12:58pm
Lol it sure is bankable. When it's done and ready to be shipped. Meanwhile they're are many costs both fixed and not that must be taken care of.  It sure was Mickey Mouse. Shows the company is being fiscally prudent by raising only what they need rather than get fat off the hog. Would you have preferred a massive $10 million raise? No? Didn't think so. 
Comment by geodcan on Jan 30, 2021 2:50pm
Somebody mentioned initial and I presume they are talking about orders.  I want to see repeat substituted and followed up by "we can't keep up with sales"!  I thought we are already shipped and sitting in some clearing warehouse in Japan or better yet, for sale in retailers, dispensaries and such.  Somebody usually googles up online sales while others follow up which ...more  
Comment by Edcando on Jan 30, 2021 4:48pm
They aren't on a shelf somewhere in a clearing house . It was explained (partially in an NR/update but for sure in an email to an investor that was posted on the boards) that they hadn't started (and wouldn't ) production on Tabletz until an order was received  so earliest they started was the week of the news (or maybe the weekend of?). There was mention of "on shelves" ...more  
Comment by frankman on Jan 31, 2021 2:07am
Ed once we start receiving revenues (confirmed) they can certainly go to the bank (if not now) to establish a business line of credit to cover ongoing costs.  No shares involved. Hopefully another raise is not necessary. At least that’s the way I would do it. 
Comment by Edcando on Jan 31, 2021 2:26am
I don't necessarily disagree. Both have their positives and negatives , and I'd imagine the best option could depend on diffeeent  variables  for a company ( rate of growth , carrying costs, share float). I'm not saying there will be one. I'm just saying I'm prepared for them lol. But yes let's hope for such killer sales we need neither!!!!! Lol GLTUA.
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