Member Info for burningspear

HopelessDave, You are of course correct, as always. But I was intrigued to see the company's own forecast of the initial cost of setting up the new enterprise which I presume will have eaten into the moneys raised. And these are only the initial costs mind you:

"Highlands estimates that the gross funding to establish Zoetic will comprise:
-- Machinery: $500,000 for hemp oil distillation and pouch manufacturing machines
-- Initial cultivation start-up costs: $120,000 for purchases of hemp plants and indoor soil
-- Expansion of infrastructure: $150,000 for expanded gas and water infrastructure
-- Opex for year 1: $1.3 million of which the main items will be salaries, grow supplies and utilities
Furthermore, noting that Highlands expects Zoetic to be profitable by the end of the year, the final quarter of operating expenditure is expected to be largely self-funding.

Taking these factors into account, Highlands expects the net cost to shareholders of starting up Zoetic to be in the region of $1.5 million."

Seems pretty clear. And with their undoubted talent in forecasting revenues I have absolutely no doubt whatsoever that they will deliver on their word. Again. And possibly as early as August. The 21st to be precise!

OSG, "When this farce will end?"

Soon.

In roughly three weeks. Or thereabouts.

TP curiously silent on future financial projections. Odd for a broker note.
Although they do admit that the company will be cash absorbing. Which comes as a surprise frankly.
They only needed to have a look here to help with their financial projections. I am sure OSG would have offered them his professional views.

OSG, What is your bestestest case scenario. AT A MINIMUM!!!

Esski, one from 13th June, enjoy:

RE: HNR13 Jun 2019 09:03
-zero capital employed
-CBD oil to bring in millions
-Denver oil (zero cost) to bring in millions
-Hemp seeds to bring in millions, even on a worst case scenario
-DT ultravert to bring in millions
-Nitrogen sales to bring in millions
-Fertilizer sales to bring in millions
-Helium sales to bring in millions
-Carbon dioxide - millions
-water - millions

Now add:
CBD genetics - millions
CBD/seeds patents - millions
Hydrogen - millions
Zoetics - millions

And the total is?

Yes you have guessed it - Millions!

Shorters, in cahoots with the MMs no doubt, are running amok with these at the moment. They will get their comeuppance though. The FCA should take an interest really.

Esski, One of mine from 11th July, do enjoy!

RE: A wee reminder - CALCULATIONS11 Jul 2019 11:57
$27,000,000 at a CONSERVATIVE $68,000,000 for CBD $79,000,000 AT A MINIMUM MAXIMUM in the CALCULATIONS of the MATHEMATICS!!!! What's silly about that?????

********** 24 times 16********** = $384,000,000

That is research right there!!! AT A MAXIMUM MINIMUM!!!

Esski, Are you complaining because my projections were not fanciful enough for you? Had I understated the figures?
Are you so bereft of the grey matter that you could not actually see my point?
Indictment of the English education system on display everywhere!

Over-exaggeration is a classic ploy to mock the idiocy displayed by others. It is a technique to show the naivety of some of the more idiotic posts here masquerading as "research" . Others may be duped by tall tales and visits to "facilities" but the accounts do no lie!

But that's all in past no doubt.

Always useful to heed the sage words of Buffet: "“Somebody once said that in looking for people to hire, you look for three qualities: integrity, intelligence, and energy. And if you don't have the first, the other two will kill you."

What were RP's total emolument for 2019? Hmmm. Integrity right there.

HD, You are of course right - as ever.

Do you know the total emoluments for RP for 2019 by any chance?

Esski, I am Sarah Cole - amongst a host of others. Does that help?

NT did the interview as RP obviously wishes to avoid the limelight. I wonder why?

OSG, I suggest to you that the response to that "interview" is far more enlightening.

Sarah Coles
@sarah_colesy
1h1 hour ago
Replying to @Highlands_NR @brr_mediauk
Hopefully not another placing and a freefall on the stock price for shareholders. #lostconfidence #avoid

Once they reveal what the £3.5m raising was for then watch these fly. It's probably the DD that is taking a long time but once that is done then whoosh!

Only requires patience.

Wow! Cannot post about Directors' salaries now? Why not?

trill, granted that I was initially taken in by the sterling research done by the likes of HD, OSG, BH and BS. I was also persuaded by the myriad revenue streams that some gentlemen here and the BoD had promised. I marvelled at the sheer size of the financial projections offered by them and was convinced that a comfortable, if not unimaginably rich, retirement that beckoned. I therefore went in nads deep and invested my entire pot.
Imagine my horror when the accounts were released, about the past, detailing in gory details the "success" that they have managed to achieve so far - in the past. I could not for the life of me discern the various streams, much as I scoured the accounts. All I could see was reams of paper telling us their hopes and dreams and for a while I thought I was reading a novel.
So reluctantly I had to bite the bullet and face up to my own idiocy and stupidity - as much as it pained me, and call a halt to my folly before penury struck. Her indoors is asking some very difficult questions for which I have no answers. I keep trying to persuade her that smokeables, cheweables, cbdables, tinctureables and seedables are all a rage in the US and she has threatened to ban me from the interweb if I continue to spout such stuff.
And there is my painful lot laid bare. I hope you are happy!

Do I need to send some Overlord proof of my holdings or is anyone allowed to post freely?

I'm sure you are right Dave. You have been on the money so far so I defer to your greater understanding of things.

Presumably it will be at a discount again. PrimaryBid? At what price though?What will the discount be?

"For now, Easwar and Reznik are signing up businesses and making deliveries themselves, and enlisting friends,"
"LeafyQuick is very much a work in progress. The company is mostly self-funded, with a little funding from a CBD-products company that’s also a partner. "

CheshireLad, "things will become a lot clearer sooner rather than later"

Totally agree! We are on the same page there.

BlackHopper, you should hang your head in shame for the terrible nonsense you spout.

I will remind you of it.

Awful, terrible behaviour from a being of no moral fibre whatsoever.

If the price is higher by December 2019 and there isn't' another fundraising then I shall apologise to you. However if the price is lower and there is another fundraising then you will say that is all in the past and it is all about the future now.

The future future if you will.