InvestorsHub Logo

Sat Naam

10/06/22 1:48 PM

#66084 RE: RMS555 #66082

that's been his biggest selling(lying) point all along, pumpingly referred to as "vertical integration" along with bragging about his special active Type 7 extraction license - all-in-one streamlined and in house(growing, processing, extraction, product production, packaging, distribution, everything)

like you said - "one stop"

from bishopping-spree's website - https://nutranomics.com/:

"Vertical Integration Strategies
Vertical Integration, as a strategy, is critical to optimizing costs across all facets of production, ensuring tighter quality control, and ensuring a better flow and control over your Company’s supply chain. Our financial and strategic focus on vertical integration allows our subsidiaries to realize immediate streamline advantages in operations by taking direct ownership of various stages of the production process, rather than relying on external resources and suppliers"

form the 05/17/2022 8-k - https://www.otcmarkets.com/filing/html?id=15824356&guid=dWX-kFSifhmSJth:

"Item 1.01 Entry into a Material Definitive Agreement

Effective April 28, 2022, NutraNomics completed its full acquisition of DHS Development, Inc. dba The Plant and its affiliates (“Targets”). Through the Regulation A as a financial instrument, NutraNomics has committed a minimum capital investment of $6.5M over a 12 month disbursement schedule. This capital will primarily fund the purchase of necessary production equipment, provide for tenant improvements to the manufacturing and cultivation facilities for ongoing production of goods, fund additional labor requirements and will support the ongoing purchase of raw materials for use in the manufacturing process. Relevant deal points are as follows:"

"·NutraNomics' Q1 investment of $1.435M in combination with its contributions to operational support into Targets’ has resulted in significant accomplishments to date. Currently utilizing just 22% of the 30,000 sq. ft. manufacturing facility, the company is on an annualized run-rate expected to exceed $5.4 million, conducting only sales related to contract manufacturing and co-packing services at this time, with an additional six plus products scheduled for quarters two and three. Products including beverage powders, tablets and infused pre-rolls are expected to increase the run-rate 3x more than its current trend as previously mentioned.

·Today the organization operates two shifts totaling 80 employees and expects to double that by year-end.

·Production at full capacity will include more than fifteen different product categories including edibles, inhalables, topicals and beverage products, and more than twenty-four individual products including Concentrates, Vape Cartridges, Pre-Rolls, Distillate Crude as well as Co-packing services. Effective immediately, NutraNomics will assume the lease of a newly constructed, state of the art 58,000 square foot manufacturing and cultivation facility located in the Coachillin’ Industrial Cultivation & Ancillary Canna Business Park, located in Desert Hot Springs, California. With only 22% of the 30,000 square foot manufacturing facility being utilized for current production, the Company is ideally situated for expansion and scalability. Full manufacturing capacity is expected to be reached by mid-summer 2022 at the current rate of growth. The building also features a 28,000 square foot cultivation facility which is expected to be complete and operational by August 2022.

·Assets include California licensing for cannabis cultivation, manufacturing, and distribution, including an active Type 7 extraction license allowing for onsite extraction utilizing hydrocarbon, ethanol, solventless, Co2, as well as volatile solvents which produce exceptional quality extracts. Less than 1% of all California licensees possess a Type 7 extraction license, providing the Company a definitive level of differentiation from competitors in the California market. NutraNomics acquired over two million dollars in equipment and continues to invest into hard assets for extraction, production and materials. "

justatrader

10/06/22 7:24 PM

#66093 RE: RMS555 #66082

As you wish, my last reply: I am beginning to think that you are confusing NNRX with “The Plant”. NNRX is not “The Plant”; NNRX owns the plant as well as DHS10, Inc., RCW Investments LLC, Greenbird, and BioMedical Holdings LLC… The Plant is only one part of the picture in the "vertical integration". Do you really think that a one building was suppose to house everything Bishop is working on. 30,000 sq ft of plant tables (which in reality is more like 15,000 allowing for walkways and equipment) with plants on them is going to produce enough oils to be process to meet the needs of The Plant’s future growth. In this case vertical integration means under control of NNRX one company, The plant is just one business that is a subsidiary of NNRX; it has its own management. In future expansions of NNRX; i.e., a plant in another state it will not be called another “The Plant” it will have its own name and be apart of NNRX’s vertical integration.

I am glad you do your own DD, what makes you think you are the only one I can not understand. I am also glad you remember the dollar amount of The Plant’s rent; it is a yearly decreasing amount that turns into a fixed amount in the future. Of what importance remembering the exact amount is to you is your business, my self it is of no important for me to remember those numbers.

Why you turned this conversation personal I do not understand, I was and am just stating what I know as facts as published on OTC and other sites. My observations are my own opinions and I have not tried to influence anyone to either buy or sale this stock. Nor do I try to second guess what is in Bishop’s mind.