The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
At this point I would be over the moon if come May sales figures suggest we're just about breaking even. I would imagine we have low operating costs not sure about salary though...
Dodge my question to this is how much money did Chill and ARB have for them to run without going under and do u think we are in a similar position to operate for the next 12-24 months. We don't know what sale figures are like but it doesn't take a rocket science to see that they're not sustainable for us atm. Also even if the marketing does pick up which we have to be realistic about it probably won't be that big as expected but who knows my feeling is it won't effect the sp the only thing we have left now is if we get an exclusive retail partnership or deal along those lines that'll see shareholders interest raise again. Like I said before I'm holding but I've written this off its all or nothing for me I hope they can change things around.
thanks
AM01 great work too chasing up and Dodge I couldn't agree more with ur post (20:55).
You know when u speak with these guys it’s like trying to get blood out of a stone. You have to try and avoid the awkward silence and underhand they’re not gonna tell us stuff that’s not out there in the public domain, the chat lasted 4 mins.
He said he’s meeting with Anna in the morning tomorrow and to drop him an email with my questions, he will pass on. So I’m going to ask do we have the money going forward.
IR did say this is the marketing which we are seeing now but then Simon said marketing will pick up more this month. Which contradicts each of their statement?
I mentioned the fact that all we’ve done is pop our products on Amazon and anyone can do that. I said his job is to make the company money why are we not signing retail deals. He said it’s still early days.
I’d suggest we contact each and everyone one of them and address these on going issues.
If these actions are seen as counterproductive by some then open your eyes. I’m not going to let them get away with feeding us crumbs and just let the sp slump with poor sales cash burning quick. F that. I’m too far down now no point in selling my lot
AM01
Have u tried contacting Simon Walters on
07714 237523
I spoke to him earlier.
AM
Have you message them on social media?
Exactly that and I was stressing this to him but he said these things take time and said we are looking into making deals with these retail outlets but they just take time he kept on talking about time a lot.
We dont have time and we've been patient enough why wasn't this thought about before.
AM01 what makes u say that Anna has no skin in the game
AM,
I spoke with Neil this morning. He said the same thing re the sp today, he also mentioned that the CBD market in general has been dropping for a while. I spoke to him about what us investor want to see CBX doing like deals with retailers such as Boots, Harrods, Havey Nic and he kept on saying how do you know if we are not trying to do these deals and said be patient a lot of the time we're still a new start up. I then mentioned the problem with cash burn they're are aware of that he said. He kept on stressing about being patient but I wasn't buying it and gave him an earful for about 10 minutes. I even said wtf is David Beckham doing? Put his face on it! loool he said DB is just an investor.
AM why don't you think Anna has any skin and if so who is pulling the string here then?
We all who are still invested need to bombard them on social media, email, phone with our concerns. I'll even be happy to go to the office at this rate.
an absolute blockbuster
These lot at CG are a joke. What upside do we have? Please I'm all ears. U cant say we have a marketing campaign because that should've been done already and atm its trash. Try and contact them they'll give you the same bs replys. Its been just over 3 months since our products have come to the market and we've just moved to Amazon... Great :-/
I agree, I'm in a similar position as you with avg at 8.6 though with a slightly less holding. Everyday since dec its been deteriorating and like you said if it was in another share you'd somewhat think that one day you'll make it back but jeez with this one im trying to think how and where but I just can't. Everyone on board have a made a mess of this.
God knows where to next
Afternoon all,
As like most who've held on to this share. I'm down and then down again and again on my investment so I've decided to just ride this one and right off my investment and what will be, will be at this point.
I was thinking about all thats gone on with CG and tried to understand w.t.f is this strategy about, where tf are we going, w.t.f is this so called strong and experienced team we've all for so long called them, even up to??? And I don't have a clue. Maybe just maybe though has anyone thought about the possibility of a buy out from a Pharma company or some kinda company?? I totally agree with many who think the cash burn is concerning and yes they do not have enough money to promote and build this company up to the levels they think they can without another raise. However I think a Canadian Pharma company buy out is on the cards, just hear me out. I'll try and draw up the dots.
If you look into the team as per RNS dated 12 April 2021. Amanda Pape, Alexia Blake, Melissa Santolini, Istok Nahtiga, Eric Chang, Peter Wall and Darcy Taylor. All Canadian, have experience in pharma and worked at LAVVAN, Melissa Santolini and Amanda Pape have been given shares (250,000 RNS dated 6 May 2021). Half the team are all based out in Canada. Antony Buck CG Skincare Business Adviser sold REN to Unilever which also had me thinking this may be what they're up to and along with the White paper RNS which was released In Feb, maybe they're trying to build on this usp (which I know is very vague) as any company can go and make this lab made CBD/CBG product. But we're here have done all these test for regulation and RD. Yes sales figures atm would be shocking but if and a very big IF a company which had big pockets did buy CG it'll be up for cheap but they'd have the money to invest into CG to take the company to the next level.
The CG to LAVVAN link is quite interesting and worth pointing out. LAVVAN are a private company based in NY who create high-quality, and cost-competitive cannabinoid ingredients. Two of the above names jumped ship from LAVVAN and are now at CG I'm not sure how I feel about this. Alexia Blake and Istok Nahtiga came from MedReleaf > LAVVAN > CG. MedReleaf was purchased by Aurora Cannabis Inc for $2.5billion in July 2018.
Where does the DB ventures sit in with all this? The only thing I could dig up was that the Authentic Brands Group office in NY is a 17 walk from LAVVAN office haha oh jeez so desperate.
All the above are just my thoughts and my thoughts thus far has led me to be in a position where i'm 5 figures down. I probably am clutching at straws at this point. I just wanted to see what others opinion on this very slim possibility were.
Always do your own research this stock is not for the faint hearted.
All the best,
Good luck.
Del Boy
I’ve realised that they’re not as interactive on social media. On Twitter if you sent them a direct message someone would’ve replied in 2021. I’ve been asking questions via Twitter direct messaging since the 10 Jan 22 and not got a single response.
Is this just me or has anyone else noticed this change or have u been able to communicate via social media with CG do they respond to some and not all?
Give it a try drop them a message on Twitter or IG and let us know if they even reply
Thanks
Evening to everyone,
Just thought I’d reach out and say let’s keep our heads up especially to us invested, days like today happen. Who knows tomorrow may be the same, it may not, it may recover (most probably will be a red day lol) but Hey Ho we move on. Theres positives and negatives to take from today news:
- Next week we start our marketing strategy.
- Cellular have accelerated their retail partnerships.
- Four more products to come.
- We have a big month ahead its going to be exciting for sure!!
I admit I was optimistic about this, yes im disappointed with MY choice to have invested my time, money and emotion in this which is a lesson ill take on forever u know. People who claim they know where this is heading please stop u dont nobody does if u know things like this then why are u not quadrillionair by now living the good life. Yes this is a place where u can voice your opinion do so by all means but if your not getting any interactions then just feel the energy and bounce elsewhere. No point continuously making price predictions and bold assumptions. Anybody who thinks what people say on here has any effect on the SP is silly it doesn't let's be real.
One last personal note after all of todays ups and downs and name calling and this and that. I would like to remind everyone that there is more to life that we can be happy about each to their own of course. I spoke with my brother this evening and I told him how much I was down on this share and it’s quite a bit tbh but he said look this is a luxury issue to have he reminded me back in 2012 when our younger sister was diagnosed with cancer (Leukaemia) I will never forget the day when the doctor told us the news I look back and think how small I felt when we couldn't do anything about the situation, we just had to wait and see what the meds would do thankfully after a 5 year battle, she's fine. But just a reminder that we are lucky however bad today is or good tomorrow may be when it comes to investing we get them right and wrong but life goes on, money comes, money goes the REAL wealth is your HEALTH. Which you cannot buy its the best investment u can make.
Be happy everyone - well try to :)
Stay healthy everyone - well try to :)
And lastly
Don't stress everyone - well yea try not to but it is f***ing hard not to with CBX haha
All the best
Peace,
Dell Boy
I've held onto my IPO shares and built a position with an avg of 8.6p.
After today RNS I dont know what's going to happen next, Im not selling my shares as ive held here for a year and the money ive got in as much as it'll kill me im willing to hold until all is gone, will it go that way f**k knows. All hope is now with this new strategy apart from AA not being on board they still have a good team but is that point even valid now as look at the position this 'strong team' has put us in.
IMO and correct me if im wrong but we only have this marketing campaign to really help us now and will this campaign help us deliver the one thing all investors want to see - profit??
It is **** to see how this has panned out over the past few months but at the end of the day money comes and money goes
GLA and all the best
Yes I have, copied and pasted it.
no reply yet
I got the same generic reply too at 23:44, weird.
We're really not asking for much I understand we're only 8 days into the month and something could come anytime now but even a teaser on Twitter/Insta to say something like 'Coming soon' I dont know anything will f do atm
I remember Oct/Nov maybe when we all got fed up of the pony website they had and we got together and got on their case about it and we chased them up on socials, emails and phone regarding this. They did something.
Dodge unlike our investments an email costs us nothing
Great thanks for this I’ve just sent them an email.
Let’s see what happens enough is enough we want to know what’s going on.
GLA
Ive been sending them countless messages on direct message via twitter about any news and marketing.
No answer, no reply, nothing. It's interesting because before they use to actually reply and you could have a chat and they were interactive with quick response times.
God knows what's going. This is border line taking the P