Member Info for dickyboyholmez

The directors bought in on the recent drop. I expect to see some positive news released that will trigger a reversal in the SP. Bargain price to be had for a short to mid term trade.

Took a position yesterday. Think the business will turn the ship around but personally I’m only in for a short term trade. Plan to exit on recovery at over 100p. Fantastic opportunity.

https://www.ft.com/content/d5b6aaaa-4f1a-11ea-95a0-43d18ec715f5

Really not happy about the idea of this. Expecting a big drop next week but ready to top up.

We shall see

There is no money to scale the business. All of what you refer to takes money.

Sorry to be the bearer of bad news but this has more to go. It was pumped based on the OTC listing. There is no appetite for this stock in the US at this price. Why would there be. As I keep saying - the company has no cash, is loss making and its sales are tiny. It will need to raise funds soon to meet its cost and scale the business. Either that or it will run out of cash. Nick is a nice guy and doing his best but he's a novice. I think the company's chances of success are 50/50 at best. The market is crosded. I could go on. People talking about selling a million seeds a month. That's not enough - no where near it.

https://www.campaignlive.co.uk/article/us-cannabis-brand-ignite-launches-first-major-uk-campaign-cbd-extract/1591148

As I keep saying loss making, no experience in the industry and worst of all no cash.

Why would the US buy big? Better options over there. As I keep saying the company SP is overvalued.

A sell off today as ‘investors’ realise this is a long term hold. No appetite as yet in US. SP inflated v company fundamentals. No cash in the bank and loss making every day.

The broker, accountant and legal fees alone will easily be into the £100ks.

happy to be proven wrong - time will tell. It's high risk and a long term play. The new CEO is a nice guy buy has no experience in the industry.

Are you for real? There is nop guarantee that RP will exercise the warrants, plus £1.2m is probably what the OTC listing cost, plus we will burn through it in any event in c3months. The numbers do not add up. Turnover vanity, profit sanity, cash is king. Zoetic has none.

it's as simple as they arent as yet interested. Why would they be? Lots of other better and safer options. Over ramped, over priced and has started a big retrace to it fair value. SA placing is needed to scale the business and plug the daily cash burn.

Guys - Zoetic has no cash reserves. It is burning money every day. Loss making. This has potential but has been pumped by rampers. A fair market cap is c£5m = SP of c.5p. It will need to raise money soon. You have heard it here first. Well done to those who have traded and banked profit.

Really? Please explain how this company is currently worth 16m? It’s not even generating a profit. No cash in the bank and burning costs each day. How much do you think the OTC listing cost in broker, legal fees etc. Think has been hyped up. Each to their own but be careful as the SP should retrace from here.

Current market cap is £16m. Tiny business with no cash, no contracts with locked in value and competing in An overcrowded and high risk market. Yes this has potential but a placing is on the cards and it’s currently overpriced.,

https://420intel.com/articles/2019/11/06/d-day-looms-uk-cbd-regulators-prepare-strike

To see the value of the oil and gas assets - not worth much. More of liability overall actually. Would be happy with cost price