The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
https://www.theguardian.com/lifeandstyle/2019/oct/17/what-happens-when-you-try-all-the-cbd-products-you-can-find
Great endorsement of CBD. These should fly!
zp,
One more question if I may - did you manage to spot any "knowledgeable staff" selling the goods? Or possibly a number of customers?
Mr N,
"no doubt BS will be massaging himself over the definition of a shop."
If truth be told I do take pride in knowing the difference between a retail establishment and an office in a business centre. But that's just me.
Now as for the imaginary knowledgeable staff - where do we stand on that?
Mr N will be devastated to learn that there is no shop!
One can only presume that he has been taking pure THC rather than CBD.
zp,
Appreciated thanks.
zpzp,
Yes I have a question. Could you please ask him where this mysterious shop is that MrN claims to have visited?
Ta.
It's almost as if someone here could get a job writing RNS'es for the company.
"Supposed potentialities of the hopes and expectation of the aim is the ambition of the aspiration."
Sounds eerily familiar?
Righty ho!
Zib, Here in summary form:
. ... the company clearly never managed to make deals of the right kind to finance either drilling more wells on it's own or monetising DTU, Kansas Nitrogen etc
... clearly couldn't or wouldn't.............. very dissappointing.....
.... we can assume .......
What will......
How will ......
How will they ..?
How many ...for what price .............. Have they ...... Might we .........
has the potential .................more or less.... it could ........ ..... but who knows?
And that about just sums it up.
Reads differently does it not?
In conclusion - could it? Woud they? Should it? Might they? What if? Potentially!
ZIB,
ZOE has metamorphosed from the still warm ambers of HNR. They are still in the Oil game from which they are trying to extricate themselves. The DTU is still at the "tipping point" the last we heard of it and Paul Mendell - one of the founders of the company that sold us a 75% economic interest, along with Price - is now the Chairman of the company.
The current consensus is that since Mendell was one of the architects of our foray into CBD and Zoetic that he will be as successful at CBD as he was in all the other ventures that he got us into.
In fact so effusive was our current CEO in praise of Mendell that he informed us in the latter's appointment as Chairman recently: "Mr. Mendell has been involved with the Company since its IPO and has been instrumental in both the identification of its natural resources projects as well as taking a lead role in establishing the CBD business, particularly by identifying the significant potential of Zoetic International's nitrogen-hydrogen gas discovery in Kansas."
He heaped further praise on Mendell declaring ""I am delighted to welcome Paul to his new role with us. Since we announced our new strategy two weeks ago, Paul has been an enormous support. He has an in depth understanding of both sides of our business and, in particular, no one has as much knowledge of our natural resource assets, and of how to monetise them, as Paul."
And so we are all on tenterhooks waiting for Mendell to monitise ZOE as he did the natural resources. Exciting times indeed.
Nation. Is that retail premises and if so does other the business centre or the local council know??
Or even NT?
Or was he serving behind the counter??
Sbuild:
1)Not really - more a reshuffle with one culprit having left.
2) What sets us apart are our podcasts/twitter accounts, first mover advantage, £36 of sales, A shop that Mr Nation claims to have visited but no one else can find and communications to BH. And our unique proposition. And our seeds are 100% verified vegan.
Based on the communications reported below, positive posts by many, the actual shopping experience of an actually existing shop reported by Mr Nation then I have had no other option but to buy in.
Good luck all LTH'ers.
Morning campers!
He does love a good podcast does our NT.
Precursory anyone?
From past experience......................
Could all the buys be MM's loading up to meet the inevitable onslaught of demand from US II's? As we know the Yanks find it very difficult to buy UK listed stocks because of their backward systems just as we find it difficult to buy US listed stocks. The OTC listing will give the likes of Goldman Sachs and BoA ML access to the stock.
I believe today's option pricing makes more sense against such a background.
Only needs to iron out a couple of issues and off we go to 10p as a first stop.
GLA LTH'ers!
Cash balance of £1.0 million as at 30 September 2019
Less drawdown of $500k (at $1.23 circa £400k)
Equals £600k
Add $140k from bonds (circa £113k)
Equals £713k
Running costs £2.5m a year so £208k per month.
713/208 = 3.42 months
So fundraising in the new year? Happy New Year!
"East Denver, in common with most oil and gas projects, is a slowly declining asset and, in the absence of unexpected movements in oil and gas prices, the Company expects second half revenues to be lower. To date, the decline in production has been closely correlated to the Company's own model and is consistent with other wells in the nearby area. It is not linear, however, as planned workovers, unexpected interruptions (as we continue to experience with Occidental Petroleum's gas processing plant) and consequent uplifts in production all have an overriding influence. Throughout the period, we have worked with the operator, True Oil, to manage operating costs and, whilst costs have been reducing in recent months, Zoetic International's share of costs in the period amounted to approximately GBP350,000. The Board expects these costs to be lower in the second half of the year although, in addition to ongoing operating costs, there are planned workovers on four wells as well as maintenance on the pipeline."
Yes but the sale of the natural assets will provide millions!:
"Based on the progress of discussions to date and its ongoing review of the business, the Board remains confident that the realisable value of the natural resources business will exceed all known liabilities of the Company, including repayment of the US$500,000 bank facility. Further announcements will be made in the coming months as the structure for the exit is established."
So just over $500k then!
But surprisingly enough the architect and "Mr Tipping Point" himself has come over all shy and recused himself from the bidding process lest everyone realises that the natural resources were not at a tipping point at all but more like in the tip itself and therefore "To date, Robert Price has not made an offer for any of the assets."
Tells you everything you need to know really.
"When it's gone it's gone ;)"
A bit soon if I may say so. But eventually no doubt.
What happened to the old crew who used to post here - like Heidi, Lynthip, Brocal?? Have they all sold out?
"JJ 400,000 plus shares sold today and price has not moved.... hmmm"
It hasn't really moved since the 40p days.
The potential dream hope of a possibility is very enticing (as always - Helium anyone?). The prospective future possibility of a hope is the ultimate wish.
Isn't that so teamBHcompanyshillbutwhyadminforthesakeofgodalmightywhy?????
D14MOND
Ooops.
With such products the "sales" to stores will probably be of the "sale or return" type deal. Secondly It will do nest to nothing for the immediate cashflow as most of the sales to multiple shop retailers will be on commercial terms - read 90 plus days. Wait until the year end to see the debtor days and stockholding days - that will be a real eye opener.
We have only been told of the gross cash position of £1m and yet nothing about $500k drawdown or the real quantum of the "other liabilities and unforseen bills".