Member Info for Crossthetea

Since 'Beauty is no longer sleeping', I've been paying more attention to this company, particularly their 'skin brightening' patent application. A quick bit of research tells me that if that patent goes through, and it will to be frank, CBX will have sole license over the marketing claim that CBG products contribute to a VERY popular beauty regimen.

And they nabbed Philippa Bealey as their new Marketing Director, who will be sure to exploit that IP to the full. I have not been this excited since Andy Booth signed for Sheffield Wednesday ;).

Well, the packaging is prepared so it looks like expansion is well underway. For those not in the products release business, the packaging is usually the last item you complete before the end of a project so that you can accommodate any last minute scope change.

New CFO also, and with quite a pedigree!

Checklist:
Production lines and marketing operational
Products released and receiving excellent reviews
Expansion into new european territories imminent to an overall expansion plan
New product release roadmap defined
Engagement with industry via publications, sponsorships and lobbying
Expansion of management team, all with top notch credentials

You have to be a little excited when you look at the big picture here.

I bought a few CBX products that arrived today, out of pure interest as I am not interested in the products, only the technology, IP and management, and saw that the outer box packaging has German and French translations along with the same translations on the inslip, which were not on the marketing material photos. Expansion into new territories?

Is this new or am I catching up?

Il y a beaucoup d'argent dans les territoires français. Wunderbar.

[aftershave balm is actually quite nice btw]

Not sure what your background is, though I am guessing the service industry? Service-provision is the only industry to have a chance of posting numbers in the black, bar shell companies. out of the blocks, whereas all product-provision companies have some element of cash burn on their books at some point, particularly when introducing a new product that requires some element of manufacturing and audit readiness. Tesla, Rolls Royce, (the bleed from the SNR group will be epic for the next 10 years at least!) all have experienced cash burn very recently and quite often through their history, there's no argument, that's just the way 'it' is, the nature of products.

I am also guessing you are not involved in R&D, otherwise you would know that IP comes in many forms and takes an age to patent and even then you keep your juciest IP as undisclosed industrial secrets. Why would a company invest £10M and 3 years easy setting up a new production lab all the while tripping over FTO problems, when they can ask a market leader (CBX is the market leader in the UK for lab-based cannabinoids in consumer products, hilarious, but true) to set one up for them under license or even better, provide OEM immediately?

Debt in CBX's future? Yes, just like everyone else. Cash raise by sale of shares at a discount to IIs and interested industry who think £5M is a drop to pay to test the water of a new market? Also likely, though the SP would have to rise first. CEO charisma is key to the latter as it will take time for the market to catch on to the market potential of pure CBG products.

I also think CBX would be more suited the the US rather than the UK and would not be surprised to see moves being made to an exchange across the water, though that is a different topic entirely.

Every company has cash burn so my message to any new PIs out there is not to panic at how dramatic the term sounds. I tell you what though,
I'm genuinely surprised at how low the cash burn here is given that CBX are building a new brand and how expensive that usually is. I'm still of the opinion that there is money in IP licensing or OEM sales here, though the minis were a stroke of genius, price being a sweet point between cost of living creep into middle income households and straight out consumerist mentality.

I would imagine they would need an SP a little higher than the IPO to make a successful market rise, otherwise they are doomed to aquire debt.

Dang I'm down and down hard on this one. Though I am not worried, I do wonder if the directors have instructed the R&D team to develop a CBG-free beauty product that CAN use social media advertising to build the brand while upselling CBG as 'pro' versions of the product on the CG site and on the packaging and inserts. Until Meta and Alpha get their sh*t together in regard to CBG advertising.

Also, play nice with the food standards agency and adopt ISO13485 into the CG R&D and manufacturing processes, as a catch-all for whatever strange notions the politicians may have for CBG products in the future.

Still waiting for that call in regard to the corporate strategy position Ms Chokia, still believe ve CBX has big potential ;-)

I'm on record on predicting a 28p p/s takeover bid by a Chinese miner backed by the Comm party in a push to expand their influence across the continent. This was before these results, though also the ridiculous price drop.

My predictions haven't been too bad this year, si I'll update to 23p p/s.

Not sure if posted before, bullish or bull*h*t?

https://www.kitco.com/news/2021-12-01/Gold-price-at-10k-silver-at-500-due-to-a-decade-of-shortage-says-Goehring-Rozencwajg.html

I am still a buy here, though you have to be realistic. It takes time and time and time to build a brand and I don't see this share going above 13p in August then dropping when a few of the initial investors inevitably reduce their positions, just to hover for the next year or so while the market digests just what CBX is all about. My crystal ball has been pretty reliable lately, particularly in predicting the 8p spike so I watch on with interest.

It looks like the MM had a few large(ish) orders to fill from yesterday so shook the tree today. It certainly looks like most of the IPO day traders and opportunists are gone as from the volumes being reported the MM seems to be having trouble forcing sells using the usual tricks at the moment. Expect a pump (I would be surprised if it goes past 8-10p) pretty soon followed by another drop as the lock-in period for the initial investors comes to an end.

Of course I also predicted a pump to 13p a few months ago, which came to nothing, so what do I know ;)

Yes, that's what I understood also, unfortunately.

On the off chance that anyone worried is reading this today (the last day of the rights subscription), the rights are not applicable to retail investors in the UK though if you use an institutional broker, they could still claim the rights themselves and sell on your behalf then transfer the proceeds to your account, I would advise giving them a call, and quickly!

Is the rights issue applicable to UK based investors?

We know the Chinese are in the market for mining companies at the moment and I see there was an ordinary buy at 13.54 valued at 888.03.

'8' is a lucky number in China. Three of them in a row followed by a '3' (birth) as the fifth digit (5 elements = positivity) could be seen as a cosmic sign or code for massive news to come.

If Mr. Betts declares himself the Dogefather and starts sending firework rockets in to the air we're on to a winner.

(a bit of a break from the mudslinging on this board)

It does make sense, just look at the Ganfeng buy in to Bacanora recently. T

he interesting thing is, Chinese companies don't seem to care about share price in commodities, rather focussing on long term export deals, so you may see one paying what looks over the odds for a large piece of HUM. Not sure about 60p, I would say 28-32p range is more realistic at this time. Of course the BoD would have to go so I am sure they would try to whip up a shareholder frenzy to resist though their best course of action would be to work to raise the share price quickly as at these levels HUM is a sitting duck.

You can guarantee there has been legal manipulation today and rightly so. It is the MMs responsibility to pursue stabiity with IPOs, especially for new products like this, in an attempt to woo IIs and other long term investors. The surplus buys will be used to maintain a stable price once the buying momentum starts to slow down and the day traders have left the scene, making a more suitable habitat for long-term investing. Given the patterns so far I expect the MM is targetting a slightly higher price than what we have now, probably allowing the share to spike in to the 20s, though not much more.

'....how on earth is it going to be worth that ?'

I say the same about Tesla most days. 50p would need a lot of people investing in fashion and charisma rather than product and IP, a lot like with Tesla. Not sure if CBX has any of that though should be fun to watch for a while.

Also bear in mind that inflation is due to spike short term and rise med/long as western economies exit the pandemic. Along with strong political and financial sentiment to keep interest rates low due to the magnitude of loans issued over the last year, we should see quite a positive effect on gold prices and in turn miners. HUM is a relatively new operation just at the start of its potential, so buy low while you can., this is a bargain at any time term.

https://www.stockopedia.com/articles/why-hummingbird-resources-could-be-well-placed-to-recover-from-volatility-190659/

I doubt you will be disappointed, this is due to bounce hard pretty soon. I topped up earlier this week, top slicing some Argo loose change.