Member Info for BlackHopper

BUSY BUSY BUSY

https://www.proactiveinvestors.co.uk/companies/news/907997/zoetic-international-busy-in-the-run-up-to-christmas-with-new-products-in-the-uk--us-907997.html

Sure thing!

We are all there Si

I know you read it but read it again:

'In anticipation of commencing sales of feminised hemp seeds next year, Zoetic has started developing framework arrangements with seed distributors in the United States and is now well positioned in this regard ahead of the growing season. The process of developing and curing the feminised seeds is taking marginally longer than anticipated and Zoetic now expects its first high quality feminised seeds to be ready at the beginning of 2020, having previously expected the seeds by the end of 2019. Notwithstanding this additional time, the Company remains on target to make its first sales ahead of the 2020 growing season and to reach maximum capacity at its indoor facility in DeBeque in the coming months.'

Sounds good doesn't it?

to quote the RNS:

'Harvesting completed in October and the plants have now been dried. The dry weight yielded is less than expected, but this is more than offset by quality of the crop, being at the top end of expectations, such that the overall value of the crop is very satisfactory. Although the Company has made a small number of sales of the biomass (which is the dried but untreated plant), Zoetic plans to use the vast majority of its outdoor crop in its own product manufacturing. Biomass prices are relatively low at present and, as the Company expands its operations and requires more raw material, it is far more economic to process the biomass for the Chill and Zoetic brands. Whilst this means the Company will forgo some short-term revenue from biomass sales, the longer-term impact on margins should be very positive and it supports Zoetic's "seed to sale" strategy'

This is so much better in the long term........ and shows we are NOT desperate for cash. Read it again if you like....

One thing I would add... having been rushed by events here at the point of posting, is I did not address your 'begging bowl' comment at the end of you post. Obviously, the 'placing' word is the favourite one in the Troll's vocabulary. It's not going to happen here. It is precisely what Nick will do everything to avoid. Hence his cost slashing and careful progress management.

Remember him saying that if anyone in the company wants to spend money they have to come to him...

I see this as very very unlikely. He has perhaps had one hand tied in terms of faster rollout of goods due to his cash position but seed sales in January (hopefully) and February (very likely) and March (surely) and then on into April and May (southern growers buy early, Northern growers later) will give him a big boost. However, Mr C revenue along with all other routes may give him extra as hopefully the combination of these will have overtaken costs, either by now or very soon.

So I don't see it ... even for the need to rapidly expand production for a new distributor of Chew packs. I think he will find another way.

Hi Nuba, did not see this post yesterday. In the past I have seen your posts as skewed to the negative, but this is reasonable. A couple of things.....

I think NT want to wait until he has a solid period (3 months) in which to give a numeric update. Update to end of Sept...done...next update to end of Dec... I would think. Critically this will give time to allow the Mr Checkout process to work through...

Since you glass is carefully, somewhat less than half full, you find expressions of needing to up production not enough for you. You want actual numbers. Well, you will have to be patient. Zoetic is 8 months old and Nick only 3 months in charge. Give him/it a chance.

The new products look very very good and he, for me, is targeting all the right areas and critically pushing on the potentially massive 'Chill in the US' market. This alone can 'make' the company.

Note also that the creams in the UK for instance will in time I believe, outsell the tinctures. If these become go to products and get into the media (send samples to journalists) then the results will be very significant.

The key clue to finance is the fact we have not needed to sell the outdoor crop as biomass. If we were stuck for cash to proceed, it is what we would do. If we have not sold it, we are not stuck for cash. Some clown on another post used the company costs as 2.5 million per year and rising. I don't know where they got the rising bit? The y will rise if we are making more product to sell due to increased demand but that will be a good thing obviously. Hence a clown. I think it was one of the new '1-post-fake-id's'

Clearly dangling a 'new deal that may exceed our capacity' thread is a line that fits you 'promise not execution' theme but would you expect him not to mention this fact? Of course he is going to mention it. The time taken to supply Mr C also shows how much they have had to make.

So basically it is a good RNS but i get your point. thought i would reply anyway. GLA BH

lol ICb !

bit of the RNS:

'Preparations for the trial with Mr. Checkout are complete and Chill products will shortly be available through certain of Mr. Checkout's distribution partners. Based on correspondence with Mr. Checkout to date, management is optimistic about the outcome. In addition, the Company is in discussions with a further major distributor in relation to the chew pouches. These discussions are currently at the contract negotiation stage and, assuming a satisfactory conclusion, will provide the Company with another valuable outlet for its lead product.'



'In light of this potential high demand, Zoetic has reviewed its manufacturing capability. If both of these distributors proceed as expected then demand may exceed the Company's existing manufacturing capacity. To ensure there is no disruption to supply, management has started exploring solutions and these may include either outsourcing some manufacturing or expanding its in-house capacity.'

Dummy sell just now on HL: 300,000 at 7.875p errrrrrrrrrr no thanks. but you cannot say the market is not open for shares.

Very, very good RNS. Some very shallow negative posts in response. Particularly looking forward to dickyboy eating his words. Will you pop back end of march for an update dicky??

Only negative trolls can really hang onto are Robert Price's warrants and if he does excise them then we will drift up to 175 million shares and there are the company options... so yes there will eventually be some more shares in issue. But it is hardly the usual 1 2 3 or 4+ billion shares of most of the AIM darlings is it? No. And if the warrants are used at 5p the company get a 1.2 million dollar boost.

Sales are king. Seeds, smokes, gummies and capsules. Not forgetting tinctures, oils and creams. Dynamic, multi-faceted, multi-website, multi-channel business with access to over a million grams of it's own grown CBD to use in product.

Not bad for a company 8 months old...

Oh JBatch....if you suggest I am a spokesperson then the ‘Shill’ word will reappear! Lol. I actually had to look up the word initially. I was not familiar with it.

Imagine you are a busy Nick Tulloch and you receive stupid or crude email full of foolish insinuations then would you rush to answer it?

If on the other hand you lose a decent question or enquiry then you can surely expect an answer within the limits of what can be divulged outside of an RNS. I know that Nick is happy with progress to date and when you consider what has changed since the beginning of September it is not hard to see why!

Always you are a bit off the pace my friend! Have you not read the troll notes?

I am accused of being a paid company agent! Laughable but have been accused many tens of times. I have emailed Nick perhaps 6-8 times. My last mail being early last week. He cannot disclose figures to me. Obviously that would be illegal. I mail pass on my desire for regular updates and my support for his ongoing process.

I try not bother him too frequently as I want him to get on with the job of running the company and not spend time emailing me back but even if he is busy, he has always answered within a couple of days. Very refreshing and never the case with Mr Price. Yet another example of the new regime we are under.

I continue to hold my significant holding in full confidence of an eye opening change of fortune in 2020 and I post only my own thoughts, opinions, estimates and projections. Nobody else’s.

Is that clear?

For equipment to manufacture more product at a faster rate (and it’s an if as per the RNS) would that be a good thing or a bad thing ?

So basically no thoughts then. But you are invested, or interested at leasr because you are on here posting. Are you going to the meeting on Wednesday? Have you decided on your vote ??

What do you think about the new products abc? What’s your projection for seeds sales? How many units do you think we needed to supply to MrCheckout and how can an expansion of our chew manufacturing capacity be a bad thing??

Thoughts please

You do not know what the truth is running out. To avoid libel you post the most negative clip from a previous RNS, just like about another 5 new posters never seen before. You back it up with nothing. No reasoning. Nothing.

The company had a strong cash balance at the beginning of October and will have made significant sales since then as well as receiving income from East Denver. Company costs and overheads have been significantly reduced. Reduced headcount and office space and lapsed leases.

The company has powered forward with supplying the major client Mr Checkout and will have received payment for that or will be about to. The company has the option for making quick cash by selling outdoor crop biomass but SIGNIFICANTLY has not done so. So we have cash.

Now back up your claims with FACTs or jog on you spineless maggot. Admin!

Which is.....?

Old news again. What was the bank balance at 30’September ?? Have we made any sales since then do you think. Are you invested? No. Are you a troll? Yes.

Old news. New troll. What is your point??

Errrr lots of ways. If they have fully rolled
Out to Mr Checkout do you think they have not received some cash in return??

Hi DeliaP, forgive as an old cynic but I have never seen a post from you before. If it had been from justincase or vandamme then hey ho but another ‘new investor’ with a poorly fleshed out negative post out of the blue. Surprise surprise.

Let’s unpick the RNS. Firstly it contains no actual numbers or financial info. This is disappointing to holders who want to see big positive numbers but not surprising really as it implies the roll
Out to Mr Checkout is only just complete.

I glean from this that at our current manufacturing level and with the change in product lines we have been full tilt getting stuff out to them. If that is true, that is very positive. Now they are in talks for further distribution deal for CBD chews. Wow!

The seeds process being a bit slower is a frustration but clearly shows how careful they are being and that they are being honest with investors. Sounds like distributor lined up
So expect seeds will be easy to sell. You will have to spin this heavily to make it bad. It’s the main objective of the indoor facility and will be a big earner Q1 and Q2 2020.

The ongoing product expansion and particularly all the creams, serum, balm is one of their key focuses BEFORE Christmas to make some sales raise awareness. My wife spends big money on little pots of fancy stuff. I grimace but the potential here is very strong.

The retention of the bulk of the outdoor crop is the key positive from this RNS. Why? Because it was our way to quick easy money and we have not used it. So we don’t need the money!!! What is much better is to get the CBD isolate from the crop and make products with making orders of magnitude more revenue from the crop that way.

Very very good news. So jog on with your jam comments. This is a detailed honest and progressive RNS, exactly in the honest new mode of the companies communication strategy. BH