The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
This is where I completely disagree with you but that’s okay we all have our own opinion, since day one ( over 2 years ago ) we have been let down at almost every turn
Soft launch
Ingestibles
Poor sales
Massive over spend with no return
Dwindling SP
Recovery range delayed
No news of patents from last year
Cost cutting so no expansion into different markets
15% of company given away for an unknown entity with no substance yet
You cannot blame us for wanting a substantial update in June , all we are trying to do is hold them to account if they don’t , Darcy works for all the shareholders not just the significant ones.
Plus I feel I can be objective as I have supported both as in investor and a customer so well within my rights.
Have a think and tell me you are honestly happy with how this investment as gone since day one , hats of to you if you are
Freese- I am all for positivity believe me , what makes you feel it’s all coming together, what’s different to the last 18 months ? Believe me I’m in your camp if we can get some positive vibes
I personally think it’s a great move , I remember emailing them over a year ago asking for this , I’ve used it repeatedly on other purchases etc , interest free and ease of shop , what’s more to ask ? Apart from a massive King Tide update , we are watching you CBX on this update, these RNS are good but not really RNS worthy are they ???
I think it’s due to cost control
Good evening all , this may fall on deaf ears but I think it’s really important that we realise how important the June update is on King Tide.
We all know our sales generation has been very poor and is not getting significantly better, which is a shame as the product is really good.
To me it shows the failure of the BOD and their strategy for the brand, as a customer their level of engagement is very poor and relies on sporadic email spam and IG posts, no serious attempt to build effective relationships with its customers.
We have gone from being a cash rich company ( at the expense of Primary Bid and it’s retail investor push) to a company that has failed to deliver any significant sales apart from what the majority of investors provide, resulting in a cash position that has forced the CEO to instigate a massive cost cutting operation , this in itself has stalled the launch of the sports recovery range and any further market penetration.
We probably have enough cash to last on a Skelton crew for another year but what does that deliver ? Absolutely the same result as what we have now.
We have paid almost £1m for KingTide , a massive 95m shares and 15% of our company to an associate who is well connected to the company ? Now this maybe the most amazing deal and deliver massive revenue which is in all our interests but go and check the King tide Website , it is devoid of any information of any substance.
Most of you will know how I feel about this company and I have been extremely loyal and supportive as both an investor and a customer but come on they need to step up now and deliver value to their shareholders.
There is only 2 weeks left in June to which the company has stated it will answer a lot of our questions so we can either sit back , wait and hope for the best or we can effectively communicate with the company relentlessly to make sure they are perfectly aware of its responsibilities to its shareholders and deliver a substantial update.
The choice is our own but we have been here for over 2.5 years now and it’s not looking great, don’t forget they work for us , it’s investors and we have a powerful voice
Have a great evening all
Paul
The Twitter link is to an article by Shareprofets about Cellular Goods , it’s well worth a read
Jarv-55 - thank you , we even had the new owner of love hemp on there today , very interesting
Https://t.m e/cellulargoodsCBX
Https://twitter.com/cbxfuture/status/1668273456830464003?s=12&t=3oQ2x6B8mYLlBRy_7ZWC7Q
£200k for a LSE listing is crazy money , I’m not sure how it all works with the FCA etc but that’s a 10th of the cost I think , I remember when Cannaray were looking at an RTO for Cellular goods and somebody mentioned it costs about £2m to get listed , I maybe wrong so please correct me if I am
I agree , I’ve not got a massive amount but strength is in numbers , I only bought this as a punt as I believe at this MCAP somebody surely will want the LSE listing which in itself is worth considerably more in both money and ease of access to the benefits of a listing . Will be very interesting to watch
It won’t show lol
Message me on the Twitter page below and I’ll share with you there
https://twitter.com/cbxfuture/status/1660299465524232198?s=46&t=3oQ2x6B8mYLlBRy_7ZWC7Q
************* cellulargoodscbx
*************cellulargoodscbx
Haha , I’ll join you with that , got mine yesterday
*************cellulargoodscbx
Https://twitter.com/cbxfuture/status/1665755026017452034?s=46&t=3oQ2x6B8mYLlBRy_7ZWC7Q
Https://twitter.com/cbxfuture/status/1664369928672092162?s=46&t=3oQ2x6B8mYLlBRy_7ZWC7Q
FTSE- that’s what you get when you have a BOD who engages with the investors , CHILL has a lot of good sentiment at the moment which is more than can be said of us.
Let’s not forget though they have said a big update is due late this month so let’s make sure we let them know we will not accept a crappy RNS
Give the Tweet your vote , I am going to push over the next week for a higher level of engagement from Darcy etc , I need all your help though
Finally we have reached the first page of Google when you search for CBG skincare
https://twitter.com/cbxfuture/status/1665413198357430275?s=46&t=3oQ2x6B8mYLlBRy_7ZWC7Q
You wouldn’t believe this but Beckham is advertising a different skin care company etc
https://twitter.com/cbxfuture/status/1665412346141892610?s=46&t=3oQ2x6B8mYLlBRy_7ZWC7Q
We also have Alexis now asking big questions of the King Tide deal
https://twitter.com/cbxfuture/status/1665411094511501312?s=46&t=3oQ2x6B8mYLlBRy_7ZWC7Q