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The irony that yesterday one of the non-invested trolls admitted to filtering all of the invested ‘rampers’.
Some on here really need to assess their mental health.
This chat is now so overrun with the de_rampers congratulating themselves and tickiing up each others posts, it is time for the people who actually own shares to log off and wait for news
Vas, looks like the market has already assumed the worst, we're down almost 30% in two days. The Sunday roast podcast summed it up perfectly, its covered from around 35 minutes, a good 5 minute discussion around the BOD, the company, their comms and total disregard for shareholders. The lack of updates on numbers is destroying the share price and is a shorters dream.
Thanks BB.
They don't seem to be in any hurry considering its only 11 am on Tuesday morning.
Morning,
I have just received this reply from Buchanan regarding the uploading of the q&a from the GM.......
Having spoken with the company, they are clarifying one final point with their advisers before the Q&A can be uploaded to the website. I have been informed that it will be up by the end of the week......
I will chase up again at the end of the week if it has not indeed been uploaded.
In addition, Once I have seen the exact answer to my question regarding the whereabouts of the Q3 update, I will chase up the Company directly.
BB2
Keep at them BB. Well Done. I think we shall here something fairly soon as their silence regarding the SP and progress report is becoming deafening....If they do not fill the gaps with some updates or explanations then the market will assume the worst !
Morning,
As the Q&A from the GM have not been uploaded to the website, I have sent the following email to Buchanan...
............It is now fifth working day since the GM. The Q&A from the GM have not been uploaded to the Co Website as stated. I appreciate you could not previously give an exact timeframe but you did state 2within a few working days”. I would have expected that it would have been uploaded by now. It was stated in the GM that investor relations and communications would be improved going forward. Unfortunately, it appears that currently nothing appears to have changed in this regard.
I would appreciate, that in your role of “Media & Investor Enquiries”, if you could contact CHLL and ask exactly when the Q&A will be uploaded to the website...........
BB2
Hence AATAC deal not rolling out until the end of 2020 so again you’re insinuations that the company have failed to hit 500 stores per month since Feb 2020 is boIIocks.
Have you tried running a company during the last 20 months? I can tell you from experience things didn’t go as planned.
5th March everything going well, what happened not long after 5th March??
5 February 2020 RNS TRADING UPDATE
When AATAC and New Age Beverages was first introduced to investors along with target amount 12,000 stores, the timelines ( 2 years) and a realistic objective of supplying 500 new stores per month .
"Progress with Mr Checkout has surpassed expectations with one of its partners, AATAC (a US national association comprised of smaller buying groups), expressing interest in taking both the chew pouches and smokables for distribution to its convenience stores in Florida and the surrounding area."
"In addition, Zoetic has developed interest from New Age Beverages Corporation, a Nasdaq listed distributor of healthy, natural products. New Age Beverages' supplies a number of well recognised brands including Nestea, Xing, Marley, Volvic and Coco Libre. New Age Beverages already distributes CBD and is interested in adding Chill's chew pouches and smokables to its supply chain."
"Total stores represented by these two distributors are approximately 12,000. The Company's realistic objective is to supply around 500 new stores per month, subject to customer demand and manufacturing constraints, and so management estimate that it is likely to take up to two years for products to be rolled out across the entire network. Zoetic has recently been selling between two and three packs of each of the chew pouches and smokables per store, per day, where they are currently stocked. However, these have been achieved with the products being placed on shelves with multiple other brands. Moving forward, the Company is introducing display cases which hold 48 of its products. "
https://www.lse.co.uk/rns/ZOE/trading-update-mu2fiqgc6h6hn1g.html
5th March 20 operational Update
"Operations have been going well and therefore the Company anticipates concluding the contract and commencing supply during March and April 2020."
https://www.lse.co.uk/rns/ZOE/operational-update-6de36l8tcpllp17.html
Do your research and you’ll find many of his facts are incorrect. For starters the AATAC agreement was not Feb 2020! You can look up the others yourself.
is not I’d
As I said Vas they info you put in your posts I’d factual incorrect and biased. Correct it and I’ll debate you.
Citizen. I am aware that I am close to being deleted from this BB soon......which is the normal process. I have not made this stuff up, the information I posted can be found in the company's RNSs.
Example. I do not understand why TAAT have permissions to take on a distributor in the UK, and sell their smokes from brick outlets and also on-line in the UK, but Chill can't or refuse to sell from high street shops but are happy to sell on-line only.
how can TAAT do it, but not CHILL?
Well maybe CHILL are playing the long game and want everything in place bureaucratically before they start to sell to distributors in UK. BUT, they are selling happy to sell on-line in the UK? and that's OK, apparently !
If I had an online product in the UK , and I had first mover advantage that was potentially game changing alternative to traditional cigarettes and was also aimed at the growing CBD community - then i would have enlisted a handful of journalists to splatter the weekend papers about this fantastic new, healthy alternative that is NOW on sale in the UK.
Word would spread fast and the fact it can only be bought online, is no longer the barrier it was pre covid, as most households buy on-line now.
The lack of any meaningful national promotion of CHILL smokes in the press, is quite amazing. The launch party was just ridiculous - so why is the CHILL Brand smokes not being advertised, promoted as expected and sold etc
CBD products can be advertised in the UK, where as traditional cigarettes are no longer allowed to be advertised, TAAT have stated they will stack their smokes in stands with their original company colour packaging as CBD products do not need to take the uniform packaging as regular tobacco packs in UKs. CHILL could do the same.
It does not make sense, and these observations or criticisms are not backward looking, or historic as its happening right now, and will continue into the future until a date yet to be disclosed.
I have a holding in the mid 60s, nothing as exciting as you guys - but I am invested.
I just can't understand how everything with CHILL is so secret, and how certain investors claim superior knowledge which when analysed is really based on the hope that in future the company get its act together and starts to move seriously towards it targets.
Vas, no one is suggesting that the communication has been acceptable but that doesn’t make it a bad company with great potential. Company is new and has made mistakes. They have recently brought in expert advice from Rhino, Viridian to help with this amongst many other aspects. Your diatribe also fails to bring in the fact that Covid shutdown the world within weeks of your Feb 2020 inaccurate statement.
Re your points made, go back and re research your statements and get them correct and I’ll answer them.
Also admit you’re not a shareholder as nothing you write suggests you are anything but a troll.
Citizen says "And to be honest you are once again looking for negativity in past results rather than look at the future of where the company is going".
This is a new company, the sp has collapsed, the BODs are getting a rep for over promising and under delivering....and you wan't to ignore their past performance, brush thee under the carpet and just keep your eye on the final prize.... . If you read the RNSs this past eighteen months it is littered with promises that have not yet materialised....and your advise is to ignore these and keep focussed on the future promises and targets. Often significant announcements are made, which effect share price and yet are never mentioned or confirmed again and investors are left to either brush these under the carpet and look forward or question what happened following the announcements of these significant events , such as
Feb 2000 "Total stores represented by these two distributors ( AATAC and New Age Beverages) are approximately 12,000. The Company's realistic objective is to supply around 500 new stores per month, subject to customer demand and manufacturing constraints, and so management estimate that it is likely to take up to two years for products to be rolled out across the entire network" . Where are we now 20 months following this announcement - no one knows, radio silence and apparently we learn there was never a target mentioned in an RNS.
Jul 2020 "Executed an international distribution agreement covering the Czech Republic and Slovakia, the first for the Company's Chill brand." ??
Feb 21 "the Schrader Family. Despite negligible marketing and no in store promotional spend, the results of the beta-store programme were extremely encouraging as Chill became the chain's number one selling CBD line and continued to see sales increase despite decreased footfall caused by the Covid-19 pandemic". Amazing , sales increase despite Covid -19 pandemic - have we heard anything similar from the company since?
- We are now in profit? What does this mean and whats the deal today?
The RNSs are littered with fantastic promises, many of which have not been updated for ages and yet, we are all supposed to continue believing everything we are told as if they are facts.
Vas,
Question 5 of my 15 questions at the GM specifically asked when the July to Sept quarter report would be received. This question was asked during the meeting.
I would like to see the exact answer given which is why I am awaiting the published q & a. I would hope that these will be published by Tuesday pm as that would be one week since the meeting which I would deem sufficient time to publish. If not, I will chase the Company up directly regarding this on Wednesday.
As regards the quarters report, I would certainly have expected/hoped it would have been by end of Oct. If it is next week, then ok. However, I really do not think it should take longer than that. Again, i will chase this up directly with the Co on Wednesday.
BB2
Q2 update is due but just because they haven’t yet you automatically try to make it sound dubious because you’re a troll.
We don’t know what the results and they might be rubbish but you ALWAYS try and turn everything into a negative again because you’re a troll.
And to be honest you are once again looking for negativity in past results rather than look at the future of where the company is going. Last heard 2500 stores back in July, yet 10,000 is the target for end of March to May time span. 88,000 actual stores in the AATAC group which is over 35 times more than July in just one agreement. 800+ in SF store group. New product going into the stores this quarter. But you don’t want to look at the potential of the company because you’re a troll.
Citizen. Apologies, I was thinking the September quarterly were due this October! It seems we have a floating quarterly report..... September has been and gone..whats the problem? Revenue & total outlets , that's the gist of what we want to know, so we have at least some handle on how they are performing. The figures from the last quarter ending September are now history, Why, resist publishing them?
I personally think they have abandoned the quarterly reports, and in doing so avoided a particularly bad quarterly report ending September 21. they have managed this by introducing us to the latest idea of non linear reporting....that way they can report as and when, ensuring the BODs have more in control of what and when they report updates.
I could be wrong and they publish it mid November - but WHY? Its their way of avoiding publishing a poor report and that's the only explanation at this present time that explains their avoidance of publishing the last quarterly report. IMO
Agreed but read my post - did they say a set date that they would release figures? Vas is as usual making a big deal out of the fact that Oct has ended and we haven’t seen them. But they haven’t said they would be out by a certain date. As long as they release them at some point soon then they are meeting their promise. It’s hardly rocket science.
While I agree with the sentiment of your post - ie that the communication from the IR side of things is poor - where does it say in any previous statements that the quarterly info updates would be by any set time? So this insinuation that they’ve missed a deadline is buII**** I believe. Just like the rest of your posts.
Have a lovely weekend everyone.
Well, unless it comes this evening after hours we will probably never find out how much progress the company made this last quarter. Clever stuff this non linear reporting! Lol ..............Just kicking it down the road.
I'll file that with the rest of your posts vas.
...Now is it green or black bin this week ???????????
Hiya Lionel.
Fred hasn't been on the Telegram group since the 23rd either....
Craigy,
Very unusual for Fred not to comment on things. But it is now 8 days without comment…
BB2