RE: the worst is over- time to move forward?20 Aug 2019 23:50
I’ve been given the recent news of our new HNW investors a considerable amount of thought. A number of investors here are clearly excited by the news, and to be fair there was a time, and not so long ago, that I too would have been lifted by the news and probably, as I have in the past, been wanting to invest more here on such news. So what’s changed. The big one for me is the lack of trust in RP and not taking everything, or should I say more to the point, anything he says as face value. I am not going to use this post as an anti RP and drag up the past, instead I want to be more constructive. So, we know we have a group of HNW individuals that have just invested here. Am i excited by this, no ! HNW individuals, would it be fair to say by that statement they are multi-millionaires. A group of them, so more than two, let’s be fair to Highlands here and say three. So without RP spin on this, the facts are approx three, certainly no less, HNW individuals have invested, as a group, £353,000. That’s approx £100k each. Not a lot really is it, seeing as these individuals are HNW. I bet as a percentage of their worth, and the percentage of most of our worth, our being existing investors, we have risked / invested so much more than this group. So what is there to be excited about. RP, once again, has made this out to be something amazing. Well, the facts aren’t telling me to be too excited. The truth is, if we all stop and think about this, a greater number of us LTH have more invested / risked as a total of our Nett worth much more than these guys, who really, lets be honest, aren’t going to offer us that much with just £100k each (guesstimate) invested. Once again smoke and mirrors being played out here. I do believe the CBD market is huge. I believe there is potential to make considerable money within the industry. I am no longer being naive as I have done here in the past by taking what RP says as face value. Therefore, at this moment in time, the news of these new investors, which such a small amount invested doesn’t excite me.