The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Great swing today so far...
See from twitter that buys were taken @ 4.30p
Massive buy by the billionaires being worked in the background. Sheesh.
Lots of sales & the SP is holding atm. Big buy being worked? Or naked short being bought back?
According to NT the liabilities should be covered by asset sales......but who knows if that’s correct!?
They need to explain the liabilities fully and how much money left. They clearly need to do a placing in the near future
Zoetec has a potentially good future, however there is nothing to hang your hat on yet, so that’s why the sp is hammered, plus negative sentiment from RP going under a black cloud (presumably!.).
If NT can secure a few major distribution contracts, have a good cannabis exhibition, announce launch date of OTC listing, all backed with a good operational update and numbers by early October THEN we will see a change in sentiment and a good move upwards!
Here’s hoping anyway!
Who would have thought that a company that totally changes direction every few months would turn out to be a dodgy investment?
You would expect NT and the HNWI (our billionaire backers!) would be hoovering up shares at this level if everything is as rosy as they keep telling us. But no sign of that. Just where is the bottom? What a disaster!
So under ZOE tomorrow will we get a RNS explaining the full situation the company currently finds itself in. I’m guessing no.
Investors getting screwed yet again.
from tomorrow
I Agree and will be writing a complaint myself. Could everyone else please get behind this and see these criminals get investigated for their actions? Write back if you are onboard, or perhaps we could get a petition regarding it?
The fraud continues as RP still has millions of shares to sell and has got paid millions n salary and bonuses over the years from shareholders . You couldn't make this up
Surely it must be worth us shafted shareholders persuing auditors who signed off accounts. They are responsible to shareholders after all. I'd suggest we all make complaints to FRC (Conduct Committee), & also the company investigations section of the Dept for Business, Energy & Industrial Strategy. They have the power to review matters, & if necessary, refer to the courts. We might not get our money back, but there might be some satisfaction, if anything 'of interest' uncovered.
Until RP sells all his shares and TR1 is shown hes done selling this will continue in free fall.....they paid £1.5m for zoetic and you all think within a space of 4 months its valued anywhere near £5m?
trillsg, We get it, it doesn’t really mean anything. Nothings changed we’ve been screwed. The longer this goes on the without any official statement the price is going to drop. We have Zoetic,it was bought for 1.5 million. Is the company worth more than that ? No one knows because we’re not given any information. I’ve sold half my holding this morning and guess what. I get the feeling, I will get to buy them back in 3s maybe 2s we’ve all been done simple as that.
Members not shareholder. Damn, wasted some precious post space there! Still needs to be announced via RNS.
Url not working. Search Zoetic international PLC on Companies House, filling history.
Whatever small sales they have from cbd oil will be nothing compared to the massive writedown by the RP fraud
JJAL,
You can opt to change your company’s name by passing a special resolution with at least 75% of member’s vote in favour of the change. Upon getting a 75% or more votes in favour, the director should then send each member a written confirmation of the resolution to change the company name and the same should be updated to the Companies House using Form NM01 in no more than 15 days.
It is an NM01 form
trillsg, why will there be an RNS ? It’s now in the public domain. There there should of of been an RNS prior to let shareholders know their intentions. Nothing has changed , everything is so secretive and shareholders are treated like sht. just accept we have been Fckd over for a few individuals to make money.
RP will get all these assets for a pittance and set up in a new name, I wouldn’t be surprised if RP already has deals in place.
New lows likely as the remaining natural resources investors wake up to the fact this is a new company, and all the promising projects that got them invested are up in smoke, and this is now a pure weed play.