Why this will be huge11 Nov 2020 23:51
It won't happen overnight, but this will be huge, not least because of the margins available.
Do some maths - if each store they sell in sold $40 worth of stock per day of Chill products, how much would that be worth to Zoetic? Yet they have barely begun - as they roll out to more stores, it's going to get even bigger. Suddenly 70million market cap will seem tiny.
They have initial distribution in place, the first distributor is even heavily invested (distributors don't buy into products that don't sell). The directors bought at 39p. They hold patents. There are so many positive signs. There are some heavyweights invested in this share and we've not even seen any institutional investment yet.
Logistics wise look how physically small yet high value this product is. It's a dream for retailers and distributors, and we've barely scratched the surface.
Currently adding every day while it is red. Those shorters will be in some pain when the have to buy those shares back!
The bigger concern is someone buying this out too soon.