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Great post Barn and Leemuu, PROP and andy. This is a team game. Schrader, Trevor, Antonio, Nick... all aligned and working to make money. Money for themselves and money for invested shareholders. It's a terrible thing the virus and a terrible shock to the world of business. But it will pass and we will all get back on our feet.
ZOE is safe and secure with a solid inventory of seeds to sell and products to provide online. Our management have sourced good options to make Chill chews and smokes in volume once to pandemic passes and distribution partners will be keen to get this product on the shelves as soon as they can.... and... a certain Donald J Trump will be going hell for leather over the summer to kick start the US economy with an election in the offing. You will see stimulus like never before..... ATB BH
It's not dilution in the usual sense of the word, although people with an agenda to see the price fall, will of course push it that way. Shareholder's seeing this as a longer term investment will be very pleased with the equity news.
You have your main distributor ploughing in cash into the company in the way of warrants when the external environment is awful which provides hug confidence and a safety net for the company as a whole. And today we have news that was already known but nice to have 2 key personnel from the early beginnings of our CBD business now aligned to shareholders and the comments they make provide further confidence in the business moving forward.
Beat Covid-19 and we will see this company on a fantastic trajectory to massive shareholder returns imo.
I think we have already seen the drop as the dilution was mentioned before, plus in this climate I think it really is a non issue compared to the potential, that's just my opinion though, but good to hear the oil war may be a bit closer to ending.....hopefully in the next few weeks the US and Europe cant get over the peak of the virus and things start to improve...I don't think the US will even wait that long....
We shall have to see what effect a dilution of 16.79 % has on the shares has on price.
Following Admission, Ox Distributing, LLC and the Schrader family's holding of 24,750,000 ordinary shares will represent 13.32% of the Company's total voting rights and Trevor Taylor and Antonio Russo's holding of 6,450,000 ordinary shares each will represent 3.47% of the Company's total voting rights.
Yeh, I’m happy with that. It looks like oil could be bouncing too.
Sounds good to me:
Commenting, Trevor Taylor and Antonio Russo said: "We are delighted to become significant long term shareholders in Zoetic and we look forward to continuing to build a successful business along with other members of the management team."