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There seems to be only two types on this BB the negatives and the positives.
If you are negative and wish to denigrate everything that RP says or does, then why bother, unless you have an ulterior motive, just sell and move on!
If you are positive then accept the past was not great and put it behind you, its history, but laud the possibility of a brighter future, especially if a LTH. The sp is not about to crater further IMO, and the potential for future sp growth is good, but of course by no means certain yet!
All bonuses tied to sp is a good sign, and they might make even more than before (which will put some people out!), but who cares if they win we win! I would expect there to be a cap on how much the bonuses can go to, but doubt it will happen. Anyone remember how much the Persimon directors made with no bonus cap and all tied to sp recovery!?
If the HNW's approached the company clamouring to give them money then why do Optiva get a commission? Curious!
Hmmm.........
Yet more truths from RP?
"And in the meantime Zoetic will grow into at least £50mln mcap company."
Some have already hit the bong I see.
JJAL, we don't know and wont until the half yearly reports, you know that. Are you happy they wavered their bonuses and are now linking them to financial performance, or is that a negative?
3% dilution what happened to 50- 100% like some other posters were predicting? Granted It would have been nice if the placees had bought on the open market or at a premium but no discount isn't too bad don't you think?
JJAL - I won’t be long until ED becomes a cost with no revenue.
It may be very long as oil wells are not depleting that fast ;) It will last for 2-3 years.
And in the meantime Zoetic will grow into at least £50mln mcap company.
Zoetic expansion is really impressive and even you JJAL have to admit it ;)
trillsg, keep it honest how much revenue did they loose from ED in the month of August? Also add the operation cost for ED that we still don’t know.
I won’t be long until ED becomes a cost with no revenue.
JJAL - spot on - Chilli xD I wonder if they will edit their article xD
Very good OSG, even Proactive Investors don’t really have a clue about the products, calling them Chilli.
trillsg - you are not alone.
100% upside from here should be easily achieved in coming months with plenty positive news to come.
So today we were diluted by roughly 3%
Found out that other than ED and Zoetic and Chill all other projects are on hold
Added £354,000 to the coffers.
Saved $160,000 per annum on leases
Made cost cutting measures to save $65,000 per month.
Saved £200,000 in bonuses
Discovered we are now supplying chill to 44 stores and expect it to be 60 by September.
Call me crazy but I'm not unhappy.
Lol. And RP is worth every penny of his bonus
"OSG is a intelligent person. "
gallini, don't ever stop posting.
An absolute hoot!
OSG is a intelligent person. An investor who sees the future not the past.
gallini, I’m sure it’ll be fine, it’s your choice nobody else’s this message board is just about expressing opinions, now going on your judgments I will take everything you say with a pinch of salt.
Where have all your fellow posters gone with the same views as you ? Looks like you and OSG are the only ones left. Keep believing. I’m sure that the multi billionaire investors hasn’t called it wrong.
Hope he’s got deep pockets, because HNR will need him again in a couple of months. We lost a third of that money straight away with loss of revenue from ED in the month of August. So at what price will we sell at next time to generate income 4p ? 2p hopefully these investors stay around, yes we’re getting diluted each time but at least it prevented HNR from folding.
I am just saying you’re wasted on here. Are you a deckhand or a deckie learner?
Wrong again gallini, you seem a little agitated today why’s that ?
JJAL you maybe a deckhand off the North Sea but you’re wasted on this forum
So Myself, Al87, D14 and burningspear, weren’t actually de-ramping we were just calling it correct and proven so once again.
RP is not a man to be trusted. Selling off shares yet again to unknown investors. This is not the first time. Companies like this need more regulating and accountability held on the COE to be more transparent to his investors. He’s treating his LTH like sht.
If they can open the doors we need to the big boys then happy days
yup. The cash is for a ramp up in manufacturing & marketing and the HNWI will open the doors for sales outlets is my understanding. Expect to see UK (and Europe) distribution deals announced soon.
I am sure they know more than BS
Still I like this statement the most:
''Whilst our oil & gas revenues from our East Denver project remain our largest source of income at present, there is every reason to expect that this will change in the coming months as Zoetic continues to grow.''
Says everything
Really good times ahead of us.
The rns did state the plural " high net worth individuals", so most likely more than one, but I guess less than 10, so a few say 5 max!? Even so that is ca £90k each, still quite a statement in the future of the company!?
I think the Ignite brand would be more Prince Andrew’s thing!