February 28, 2019 / TheNewswire / VANCOUVER, BRITISH COLUMBIA – NATURALLY SPLENDID ENTERPRISES LTD. (“Naturally Splendid” or “NSE” (TSXV:NSP)(OTCQB:NSPDF)(FRANKFURT:50N) proposes to issue 250,000 common shares of the Company to Sead Hazmagic, Chief Financial Officer.

The Company has streamlined the accounting and management reporting systems through the innovative skills and financial acumen of our CFO, Sead Hazmagic.

 

The new reporting systems enable management to develop projections and control costs more efficiently as well as enable automated variance analysis.

 

These new tools have provided management the information to make more informed decisions, as well as allowing for additional administrative cost savings.

 

As per the terms of Mr. Hazmagic’s contract with the Company, he has been granted the issuance of 250,000 shares at a deemed price of $0.15 cents subject to exchange approval.

   

About Naturally Splendid Enterprises Ltd.

 

For more information, please visit: www.naturallysplendid.com

For more information e-mail info@naturallysplendid.com or call Investor Relations at 604-673-9573

On Behalf of the Board of Directors

Mr. Douglas Mason 

CEO, Director

 

Contact Information

 

Naturally Splendid Enterprises Ltd.

(NSP – TSX Venture; NSPDF – OTCQB; 50N Frankfurt)

#108-19100 Airport Way

Pitt Meadows, BC, V3Y 0E2

Office:  (604) 465-0548

Fax:      (604) 465-1128

E-mail: info@naturallysplendid.com

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, 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, including its application to obtain a Standard Processing License, 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.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.