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RSP showed the shares at 0.50 - 0.508p
Just no interest in the shares at present.
Need some positive news to kick start some liquidity.
Can Love Hemp take advantage of the advantage they have in terms of being able to sell their products?
Some form of communication from the company would be useful?
Do they come and make a hostile bid for LOVE HEMP ?
yeah worth bugger all in a saturated market - what a joke management here is, inept crooks
Full list of 3,500+ CBD products permitted for sale and progressed to next stage of validation process below. Love Hemp have 34 products listed:
https://data.food.gov.uk/cbd-products/products-list
News article: https://www.foodnavigator.com/Article/2022/04/01/uk-cbd-food-sector-celebrates-as-fsa-publishes-list-of-allowable-products
Surely that isn’t 0.8 ask?
Wouldn’t even take a punt at 0.2 for this share now. Disgraceful behaviour.
“pleased to announce that all resolutions failed to pass at the General Meeting of the Company held today”
why would you be pleased? Most of those resolutions were brought forward to bring positive change to this company. Bring forth clarity and restore trust.
The numbers don’t add up, not even a little. This is all basically a big FU to shareholders. They are calling all the shots with 0 regards given so long as they’re able to keep propping up the company with dilutions and lining their own pockets.
It has just been posted …on their website
Yeah. A big FU from the bod with majority share holdings.
Anyone know what happened in today's general meeting?
LordSuch - There is a second Telegram group for LHG where all those of us who got booted or muted from the original LH group now reside. There are about 130 of us now, so you’ll be in good company. Just search for Love Hemp_Investors Group.
Now try posting a link that actually works..
Well I got booted out of that Telegram Group for exposing some tool for what he really was. Couldn’t handle the truth.
good luck to you @investingGenius you’re certainly no genius lol - just heavily in the red on god how many stocks
Love Hemp Group PLC
("Love Hemp", the "Group", or the "Company")
Love Hemp responds to the latest FSA Novel Foods update
Love Hemp Group PLC (AQSE: LIFE) (OTCQB: WRHLF), the brand-led consumer goods company focussed on CBD health and wellness solutions, is pleased to announce that it has been included on the latest update from the Food Standard Agency's ("FSA") Public List of CBD products, enabling Love Hemp to progress through to the validation stage in due course.
Love Hemp has worked hard to ensure that our products are of the highest quality standards and meet all requirements as stipulated by any regulatory body. The FSA's latest Public List endorses all of our submitted products and enables Love Hemp to continue to trade legally. Importantly, the FSA's decision also provides clarity for consumers.
Love Hemp had submitted multiple individual products at the beginning of this process, two years ago, and has invested initially over £300,000 to ensure it received the best legal and scientific advice for a successful application. As part of the manufacturing and production process, Love Hemp is one of the few brands with an in-house Quality Assurance team which gathers and catalogues invaluable product and study data to ensure quality control.
Yesterday's announcement from the FSA confirms that Love Hemp is well positioned to accelerate its growth plans with existing and prospective sales channels, high street retailers, business to business, alongside our own e-commerce platforms, direct to consumer.
We are happy to provide any further detail that may be requested by the FSA and look forward to the next stages of this process. We also echo our congratulations to the other CBD brands that have been included on the FSA's Public List.
Adam Pritchard, Chief Commercial Officer of Love Hemp, said: "We note today's update from the FSA and are delighted with the results. As an award-winning and trusted CBD brand we have always been committed to creating the highest quality, 100% natural, products. The CBD industry in the UK has been largely unregulated, resulting in a lack of clarity for our consumers and we welcome progress made to date by the FSA. We continue to work closely with the FSA and look forward to the next stage of the process, proceeding to validation followed by full approvals."
https://www.aquis.eu/aquis-stock-exchange/member?securityidaqse=LIFE
These are now worth so little that they're hardly worth selling.... just gonna let them ride and keep fingers crossed
Where are you seeing the move to LSE in April? Great if they are but it was also moving last September, end of year, Q1…
https://www.**********.co.uk/rns/announcement/f03da9a4-8f1c-4192-a620-a3327f6eba90
FSA confirmation
better then expected results won’t happen today either lol
Wishful thinking, ha ha
New CEO, where was that announced ? TC gone ? or is that to be announced today ?
It’s easy to be negative at the lows. The results are in the past, the new CEO is aggressively cutting costs and turning the ship around. This year will be a big turnaround year for the company
They are cashed up at 1p and due to move onto Main Market standard list in April
It’s normal for retail to sell the lows though so good luck
drop in sales down to discontinuing discount mode apparentlyl - not ideal when consumer spending will be dropping - this is going bust
what the hell you smoking @investing genius - priced low before todays after market dire RNS
I do hope you are right but so far this stock has never failed to disappoint me.. The part that is most frustrating is the listing. Would like to hear more details on where we are with this and expectation for when it will happen. Q1 has come and gone and the narrative not changed so it carry’s on being kicked down the road. Surely if the listed happened earlier then the SP would likely be higher and the £2m raise could have been achieved for far fewer shares issued. I would also like more clarity on sales channel performance and marketing spend.
Er, if you look at this evenings RNS, this company’s going nowhere any time soon. Absolutely dreadful drop in sales and drop in gross margin.