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BoD’s shareholdings cancelled out.
Trevor Taylor & Antonio Russo each have a shareholding of 6,950,000 (total 13,900,000)
The list below was compiled from Posters who disclosed their shareholdings on LSE South East only on Wednesday 1st of May 2024.
If a Poster has given an approximate number, I have reduced their shareholding by 10,000.
One friend did not Post but has informed me that they have 2,423,320
I will request my three friends to Post their shareholdings so that Trevor & Antonio are aware that I am not trying to distort the level of angst directed at them.
RKBeekeeper 1,098,890
Keepdreaming 990,000
Jimbob75 221,192
Jackh8 600,000
Bellers 470,000
Hitman64 1,190,000
GJ9576 250,000
Hydraulic 200,000
Sandsy 133,000
Blackhound 3,384,500
St.Ives 460,500
Windsurfer58 766,000
Friend 1 200,000
Friend 2 300,000
Friend 3 2,423,320
Current disclosed shareholdings on LSE South East 15,187,402
Within one day of compiling some shareholdings, we have sufficient numbers to negate both Trevor & Antonio’s shareholdings. Eric’s shareholding (if not voting with us) will be insufficient to counter Johnathan Swans 68 million shares by about 25 million.
.
Its just after 5pm In Denver so Trevor & Antonio will be able to sleep well tonight knowing that it is time to do what is best for Chill Brands Group.
RKB
PS I would like to thank everyone who disclosed their shareholdings.
Hi RKB. I have 766,000 shares and will be voting for all the resolutions.
Hi RKB. I have 460,500 and shall be voting for the resolutions put forward by Jonathan.
Hopefully we get Callum reinstated asap, and all these shenanigans can be put behind us.
I have authority over shareholdings totalling 3,384,500 shares. I fully intend to deploy these votes to support all 5 of the resolutions proposed by JSG, subject to the immediate reinstatement of Callum Sommerton as our CEO post the GM.
133k and voting for all the resolutions
200k voting for all the resolutions
Rkb surprised your not tired today having saved the baseball match.
250,000 for me and backing all resolutions
Just shy of 1.2m. Voting with JS.
The better half, 100,000 and backing and not sure of the count of my 3 children but roughly 70,000 and backing.
Backing the resolutions. 300,000 for me at this time and still buying whilst low.
600k shares will be voting for all resolutions
Hi RKB, I currently hold 221,192 shares and will be voting for all the resolutions
Hi RKB - I've got circa 2.5m shares, all of which will be backing the JSG resolutions.
I’m just short of a million and if given the chance I’ll vote Taylor and Russo off and will expect a lot more from the incoming bodies .
My main concern is getting Captain Callum back steering our ship into calmer profitable waters .
Times up in Colorado
The time in Denver, Colorado is about 4:40am and it will be a few hours before Trevor Taylor & Antonio Russo begin to read our Bulletin Board.
They may not like the fact that there is going to be a General Meeting where they will be voted off the Board but that’s the situation they have created for themselves.
To make unfounded allegations against our CEO to attempt at surviving was unwise in my opinion.
If they were honourable people they would fall on their swords and walk away with some credibility, if they try to hang on, they will only embarrass themselves more.
Voting scenario: They need 50% (plus one) of all the votes cast at the GM.
Ox Distributing (Eric Schrader) have 42,739,994 (8.44%) and if they were to abstain or vote for the Resolutions (to replace Trevor Taylor & Antonio Russo) then in my opinion we will have two new Directors.
If Ox Distributing (Eric Schrader) were to vote against the Resolutions and the Resolutions are passed, where does that leave Eric? Would he remain a Director?
I believe that the JW Group will win and Trevor Taylor & Antonio Russo will no longer be part of Chill Brands Group.
RKB
PS For the Record my 1,098,890 will be voting for all the Resolutions. Please Post your intentions on how you will vote (and your shareholding if you can) so that we can send a clear message to Trevor Taylor & Antonio Russo that it is time for them to move on.
It would good to doorstep Taylor & Russo with some of the facts on the Chillbrandswatch website, and any other facts you can dig up. They seem to have a fair bit of dirty washing.
RKB, you’re welcome.
Thank you Bellers.
I spoke yesterday evening to one of the proposed Directors. Had a very good conversation.
Trevor Taylor & Antonio Russo may not be aware of the research that I carry out on the Companies that I am invested in.
Posters who know me will confirm that in 2017 I travelled to Northern Italy to clarify listed assets and to view them and ascertain that what was detailed in RNS’s & Annual Reports was correct.
With another Company I attended their AGM in Guernsey and put difficult questions to the BoD. The next year they moved the AGM to Switzerland.
I am toying with going to the USA to do some digging on Trevor Taylor & Antonio Russo (you never know what skeletons they may have from their past)
RKB
RKBeekeepe
I do not see these events as linear, live events unfolding in front of our eyes as we move forward in our lives - but I have come to see them as planned and orchestrated events, that are fed to their Investors as if happening live, and really we are just getting episodes of the catch up TV, a version version of events that have been planned and discussed for months.
You know as well as I, that this, just as a wrestling match is most likely already fixed, and been planned for months , risk assessed and whatever happens , ultimately the PIs and innocents will pay the price, literally.
There are some very wealthy, connected, some may say untrustworthy characters in and around the inner circle here, and unfortunately with mutiny taking place on the deck of the good ship Chill, has Callum now gagged, sitting on top of the PIs wealth in the ships brig and under investigation for what ????, its unknown - but you can bet its going to be substantial, as this allegation on Callum needs to be so, to keep him down in the hold , gagged. so he is unable to be involved in the main fight on the top deck .
This is a strategically planned mutiny and I would not trust any of the players involved here to be honest, and as far as Callum goes he seems the most decent , hardworking and honest but do not underestimate the allegations, and how long it can take to investigate, and there is always the possibility that there is some substance to them that we know nothing about.
RKB, message left.
The General Meeting
When the Resolutions are put to the shareholders present at the GM it is either going to be a poll on the show of hands or number of votes cast.
The Directors present (four of five if Callum is present)
We must assume that Johnathan Swan will be attending the GM but if only two or three ordinary shareholders are present then the Chairman may demand a show of hands (assuming that the Directors present were to vote against the Resolutions)
Johnathan Swan can demand a poll as he has more than 10% of the shares (he has 13.45%) as at last disclosure.
If say 15 ordinary shareholders are present and the Board and associates (Broker, PR & Financial Advisors) have less than the number of ordinary shareholders present then a show of hands would win (assuming that the ordinary shareholders present were to vote in favour of the Resolutions)
If Callum is not the Chairman of the General Meeting then in the above situation the Chairman may want to try their luck and go for a poll.
In my experience about 30% of shareholders vote on Resolutions. At the last years AGM 27.4% of shareholders voted (there were only about 287.6 million shares in issue)
We now have just over 506 million shares and if we assume that 50% of all shareholders vote, that will mean about 253 million shares could be cast for or against the resolutions.
For Johnathan Swan to succeed he would need to ensure that he has the votes of about 126,500,000. As JS has disclosed 68 million shares then he would need the support of about 58,500,000 and I am confident that he has more than sufficient support to have his Resolutions pass.
The flip side would be what sort of support do Trevor Taylor & Antonio Russo have?
We know the above two Directors have disclosed 6,950,000 shares each total or 13.9 million.
Ox Distributing LLC (really Eric) have disclosed 42,739,994 but we do not know how Eric will vote. Eric’s position will become untenable if Johnathan Swan wins.
Let’s see what happens if Eric votes with Trevor Taylor & Antonio Russo. Their combined shareholdings would be about 56,639,994 and Johnathan Swan has 68 million, so JS is already winning by over 11 million.
Therefore Trevor Taylor & Antonio Russo need the support of 11 million shares approximately to be in with a chance of surviving but as we all know they are on the losing side.
If Eric was to think and vote wisely, he would vote with JS.
RKB
PS Can a member of the Telegram Group ask Johnathan Swan to contact me on Twitter as I have information (not inside information) that he may not be aware of on a member of the Board.
Rules of Engagement
When the General Meeting is held there is a process for engaging with the Board of Directors.
A Chairman presides at every GM and if they are not present then the “Deputy Chairman” (if any) of the Board shall preside (see Articles of Association page 23 Rule 46)
As an Ordinary shareholder you are entitled to speak but first you must request to speak and then be invited by the Chairman “to speak”. You are not permitted to just stand up and speak, the Chairman will invite you to speak and then you can have your say.
There is a possibility that the number of Ordinary Shareholders who whish to attend will be large (more than 100) so the venue will have to have the capacity to accommodate a large group.
Many Ordinary Shareholders will hold their shares via a platform and within a Nominee Account.
As soon as the Resolutions are published and if you are going to attend in Person, you need to have your shareholding(s) verified by your Broker (platform) You will also need to have a valid photographic ID.
RKB
Is clear Taylor & Russo need to be removed for the share price to stop falling. Once they are removed and Callum is reinstated I am sure we will see a bounce.
Enrichment - Some might use another description.... Vote them out ASAP, get Callum back in, make a statement about the direction of the company, and shift from disposables PDQ. Thats the only way the price will go up in the current climate, and even then it's going to take a long time to recover to where I need it to be. Hope it recovers sufficiently before one of the big boys comes in and buys it outright as part of a portfolio to shift away from reliance on tobacco.
Tradewiz you are right to highlight that. It seems Taylor & Russo are just in it to enrich themselves regardless of Company performance. In Sep ‘21 they awarded themselves 2.1% (in today’s post diluted terms) of the company in recompense for arranging a capital injection. Some reward for a few phone calls. This hands in the till attitude must be stopped or the company’s reputation will suffer further.