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Off-market insider net buying at Naturally Splendid Enterp (:NSP)

Updated Wednesday Oct 09, 2019 04:20 AM EDT

Rauni Malhi, a 10% Holder, acquired 13,529,412 Common Shares at a price of $0.085 and 13,529,412 Warrants on a direct ownership basis with an exercise price of $0.12 for one year, then 20 cents for another year through a prospectus or prospectus exempt offering on September 26th, 2019.This represents a $1,150,000 net investment into the company's shares and an account share holdings change of greater than 100%.

Naturally Splendid Enterp is in the Food Processing Sub Industry Group under the Consumer Non-Cyclicals Sector.

Naturally Splendid Enterprises Ltd. is a biotechnology company, which is engaged in the business of developing, commercializing, producing, selling and licensing hemp-derived Omega foods, nutritional food enhancers and related products. The Company, through BPC Manufacturing Corp., operates a facility that processes a range of products, including a suite of plant-based omega technologies, such as HempOmega. It has an agreement with Medropharm GmbH, which specializes in the production, extraction, research and formulation of raw materials and products derived from industrial hemp. Simpli Ingredients is its wholesale ingredients division, specializing in hemp- and plant-based ingredients. Simpli Ingredients offers plant-based oils, seeds, extracts and powders. Its brands include NATERA, CHII, PawsitiveFX and Simpli Superfoods. PawsitiveFX supplies pet stores and retailers across North America with natural products, which contain plant-based butter, extracts and oils.

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