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@trade wizard89 I do understand. This is about the 2 idiots that were lying to all us shareholders about gummies and how they were selling but telling the truth.
Callum came in , rescued the company ( without him chill would of been gone) got the family to invest quite a bit and started turning the company round.
You really can't make this up., callum either impeccable conduct gets suspended on suspicion and the 2 dummies before ( Who f#$king lied , committed deception) moved aside without sanction.
The idiots who suspended him , won't be able to fill callum shoes !!!
Karlvonwise, i agree and the whole thing seems unjust. The suspension of Callum has led me to check share chats if others feel the same way. I don't understand why the founders would want to get rid of a CEO with the right skill set who was turning things around for Chilled Brands.
My bet is that those that stay LONG will be rewarded, albeit a turbulent next few weeks :)
Fair point that it is not AIM... I'm no expert in takeovers, but doesn't the Takeover Code still apply to the main markets too? Rule 9 is where the 30% comes from.
That would be good but chill brands group is not in the AIM market , it’s a small cap in the main market with different rules
It wouldn't surprise me if we see a hostile takeover attempt later this summer... As I understand it, if someone owns 30% of the shares, they have to make a mandatory bid under AIM rules... If a lid is kept on the share price until late June, the 52 week high will be circa 6.25p... MCAP wise, cheap as chips, particularly if someone has built up a 30% stake. All speculation of course, but let's see how this plays out. Popcorn at the ready!!
this is poppy****. i'm no longer invested here but callum is a decent, hardworking gentleman.
this is just so rivals can get the edge of chill.
callum, you probably reading this post. you are a decent, hardworking gentleman, forget this nonsense, you brought chill back from the brink
So as we see it...
16/04 - A TR1 stating JS has 13.45% of the shares (an increase on holding)
17/04 - JS submits a requisition wanting his men appointed
22/04 - The CEO is suspended..
Surely there is some insider trading going on here with JS? All very fishy.
Swann is buying and so we should too
Summer sales have come early
the song remains the same Vaping is growing at an explosive rate
Pure speculation - is the accusation related to this years equity raise from our prominent investor.
Https://twitter.com/bobbyoflondon/status/1782302148019007978?t=40cTomfS892tSBilQL_USQ&s=19
Innocent until proven guilty.
It does really appear that you have inside information so i'm reporting you on this - have a nice day
Probably two bitter US directors throwing their toys out of their prams
Well. I’m stunned.I for one would not believe that Callum would do anything that could be construed as illegal. Firstly the GM and now this?
Openheimer, good for the Oscar......
Not for here.....
We are blue already 💙
I really do envy people who time the market just right within minutes of news landing it must be such a great skill to have. there seem to be a few in here . You could do with setting up a stock buying school so we could all pay you to teach us !!!!!!
Get your chin up
Alan Green
Founder and CEO at Brand Communications
1h Edited
#CHLL - proposed restructuring moves should reinvigorate Chill Brands Group PLC
Jonathan Swann (JS) is seeking to requisition a general meeting along with 18 other shareholders (c24% of CHLL shareholders). JS has invested c£3.6m & also bought shares in the open market.
The JS shareholder group (JSG) are supportive of CEO Callum Sommerton, Scott Thompson & Eric Schrader, and the action has been bought against Antonio Russo and Trevor Taylor because JSG believes these two are actively hindering the growth of the company.
Although the pivot made by the Company in the past six months to focus on the UK market has shown good results, JSG believes the cash drain from the US side of the business is holding things back.
JSG also believe that corporate governance is not a priority for this Board, and they believe that the Board is not acting in the interest of all shareholders. With the departure of Mr Russo and Mr Taylor, the market will be able to clearly see a business and board aligned for the benefit of all shareholders
The muppets always claim they bought back in at the bottom
Moron
Onwards and upwards
Payday. 40,000 added. There does seem to be good buying in general today.
And that’s why I’ve snapped mine back up 25% cheaper whilst you bottled it
Could be quite a shrewd move, call for an EGM then load up on the cheap. Look at the size of those 3 delayed buys, someone is loading up. This should be good for chill in the long run imo.
Does anyone actually read many of Openheimers posts? Most are just nonsense!