Mr. Craig Goodwin states, "Throughout his career Dave has been a strong advocate of the food processing sector. He has significant experience in operational, sales & marketing and manufacturing in a variety of foods including dairy, bakery and ready to eat products. Dave's strength revolves around strategic execution. His skill set and experience allows Naturally Splendid to better optimize our assets. Not just the POS Bio Processing Centre, our packaging lines, distribution centre, technologies and retail lines, but our people assets as well."Mr. Goodwin in his position as President will now focus his attention to business development and sales & marketing. Mr. Goodwin states, "Having Dave as CEO allows me to focus in the areas where my skill set is strongest. I can now focus on opportunities to increase exports, secure wider distribution of our existing retail lines, monetize our omega technologies starting with HempOmega and expend more efforts in the evolving cannibidiol markets. Dave's assistance in strategic execution will be invaluable in all these areas." Company co-founder Mr. Bryan Carson adds, "Our business relationship with Dave goes back to the very beginnings of Naturally Splendid. Dave has been a mentor to Craig and myself until he joined the Advisory Board last year. We are most fortunate to have an individual with the qualifications of Dave and who has an intimate familiarity with the Company, its personnel and the opportunities ahead of us. Craig and I welcome Dave to Naturally Splendid." In connection with Mr. Eto's appointment as Chief Executive Officer, Naturally Splendid entered into a consulting agreement with Mr. Eto. Under the terms of the consulting agreement, Mr. Eto will serve as Chief Executive Officer for a period of four years and, in consideration of which, Naturally Splendid will pay Mr. Eto $16,000 per month. As additional consideration, Naturally Splendid has agreed to issue 1,000,000 common shares as restricted share units to be issued as follows: (i) 100,000 shares on TSX Venture Exchange acceptance, and (ii) 150,000 common shares every six months thereafter.
About Naturally Splendid Enterprises Ltd.Naturally Splendid is a multifaceted biotechnology company that is developing, producing, commercializing, and licensing an entirely new generation of plant-derived, bioactive ingredients, nutrient dense foods, and related products. Naturally Splendid is building an expanding portfolio of patents (issued and pending) and proprietary intellectual property focused on the commercial uses of industrial hemp and non-psychoactive cannabinoid compounds in a broad spectrum of applications. Naturally Splendid currently has six innovative divisions: (1) Natera® brand of retail hemp superfood products currently distributed throughout North America and Asia; (2) Chi Hemp Industries Incorporated (Chii) is selling natural and organic hemp products through e-commerce (3) PawsitiveFX® brand of pet care products; (4) Simpli Plant-Based Ingredients Division of plant-derived bulk ingredients including patent-pending HempOmega®; (5) The 12,000-square-foot POS / BPC Facility - which is managed for Naturally Splendid by POS Bio-Sciences - is positioned to offer commercial-scale custom processing solutions for biological materials, such as functional foods and natural health ingredients to a wide range of clients (6) hemp-based cannabinoid nutraceuticals. The Company's advanced technologies, industry expertise, and strategic partners allow for the creation of customized solutions with a consistent focus on quality and sustainability. For more information e-mail email@example.com or call 604-673-9573 On Behalf of the Board of Directors J. Craig Goodwin CEO, Director Contact Information Naturally Splendid Enterprises Ltd. (NSP - TSX Venture; NSPDF - OTCQB; 50N Frankfurt) Naturally Splendid Enterprises Ltd. #108-19100 Airport Way, Pitt Meadows, BC V3Y 0E2 Office: (604) 465-0548 Fax: (604) 465-1128 E-mail: firstname.lastname@example.org Website: www.naturallysplendid.com Forward-Looking Statements Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Naturally Splendid cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Naturally Splendid's control including, the Naturally Splendid's ability to compete with large food and beverage companies; sales of any potential products developed will be profitable; sales of shelled hemp seed will continue at existing rates or increase; the ability to complete the sales of all bulk hemp seed purchase orders; and the risk that any of the potential applications may not receive all required regulatory or legal approval. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, Naturally Splendid undertakes no obligation to publicly update or revise forward-looking information.
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