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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

View:
Post by ThatBigGinger on Sep 22, 2021 2:31pm

News

https://finance.yahoo.com/news/neutrisci-receives-additional-purchase-order-181000681.html
Comment by Edcando on Sep 22, 2021 3:08pm
Nice to see! Things are looking up . 
Comment by ThatBigGinger on Sep 22, 2021 3:29pm
Its clearly unimaginable to people here that things could be going on behind the scenes. $250k single order from a new retail partner of Tabletz in Japan. If sales go well like they did on Biople's platforms then I would expect repeat orders or a longer contract deal to come. Tabletz instagram posted that Biople is back in stock.    All this being said we are still in the dark ...more  
Comment by Edcando on Sep 22, 2021 3:58pm
Exactly! Also while just like everyone else I'm only following bread crumbs it's seeming more and more like the delays haven't been on our end (at least not all). Original PO still in effect as per NR but processing new orders, pp (yes small) done at 50% premium . Things at least appear to be happening in a more timely manner. Let's see if we can continue the trend with some US ...more  
Comment by VeritasVern on Sep 22, 2021 4:36pm
Hi folks, just a few questions regarding the news to clarify things. headline says: "NeutriSci Receives Additional Purchase Order and Deposit from Tabletz Distribution Partner" I see the purchase order but not much on the deposit, but assume that is paid in mid-Nov when the order ships? "The order, which is for approximately US$250,000, will see the first tranche of product ship to ...more  
Comment by Edcando on Sep 22, 2021 5:22pm
Great questions. My best guess and/or from previous answers received  - deposit paid now . Balance upon shipping . Revs only recorded in the Q where the order is "satisfied " (shipped) - what you said lol - this is what we've been confused about all summer. My only comment is it's looking more and more like at least  of the delays were on their side (maybe covid for ...more  
Comment by lscfa on Sep 22, 2021 7:13pm
First tranche means only part of the order ships in Nov.   Quick fulfillment for this new partner suggests the partner(s) associated with the original $2 million order are having some kind of troubles such as financing, Covid restrictions, etc.     
Comment by Edcando on Sep 22, 2021 9:30pm
If I remember correctly the initial order (or at least part) is one of the big boys (Lawsons or 711). I think whatever issue they're having financing isn't one of them lol. Didn't we hear something about 2 of the flavours selling far better than the mint? Maybe whatever /whoever the original delays were they then pivoted to change amounts of each flavour (or maybe even exchanging some ...more  
Comment by KelownaClown on Sep 23, 2021 7:34am
No further comment required.
Comment by BradlTheGerman on Sep 23, 2021 8:13am
"No further comment required" I am agree for 100 %  - LOL !!!
Comment by CaptainCrunchy on Sep 22, 2021 4:30pm
my take away from this news is this are moving forward and initial is still in the works. While I am speculating as to what is going on behind the scenes in this case, welcome to take the pish out of me Ed for that, is covid may actually be the problem still. Japan has been in dire straights since Olympics. The major retail chains that comprise these many 1000s of locations are probably just ...more  
Comment by Edcando on Sep 22, 2021 4:37pm
Exactly. Again can't be sure but looking more and more like delays haven't been (at least not exclusively) ours and that tabletz llc is still happy with us as well as retailers still wanting to launch this product on their shelves. Since the webinar we have seen at least an improvement on tineliness . Next up Neuenergy being shipped to retailers by ANB and hopefully some revs this month /Q ...more