Member Info for Dodge10299

DJ- completely agree , I’m so glad our HERO ingredient is CBG and we are shouting about it ,

That’s the plan but who knows what they have planned next

Lol , I’m already burnt , a big profit taking day today which is to be expected , let’s see what the next couple of weeks holds , it may very well go back down but it just might surprise you

“Next stop 0.25” - this was your post from January , it’s not an exact science so give investors a break

It’s only my opinion and it’s all down to if Durban are finished , if they are 1.5p by end of next week ?

Should go back to 1.5p minimum for a while , it could move easy on sentiment , as Mel said yesterday Chill had a great increase with little bits of news filtering through , we have the movement range this month which I don’t think they will go massive on launch , I think they have learnt their lesson on massive expenditure with small results , slow and steady wins the race , they have the products now it’s time for considerate and tactical marketing , good luck all , let’s hope the sub 1p stay a distant memory

Also replenishment emails started today , it’s a step in the right direction

https://store.cellular-goods.com/a/refer-a-friend/redeem/s4jtvacxgknuyu5pbjxkhfhuuxqyuws2ygpq0t7w/8221

Who knows , before the aggressive sell off from Durban we were stable around 1.5-2p so maybe resetting itself. The market is very strange , have a look at Chill and KNB who have both jumped +3p on no news

Maybe Durban have stopped selling so the SP might be finding it’s new level

Only messing , always expect the worst with CBX SP

A retrace lol

By the end of this month ( tomorrow) we should see timely replenishment emails sent out to all customers who have purchased , this should help with repeat spend , also a refer a friend scheme to start ,tomorrow should be interesting then

Good evening Mel , nothing material but you know when you ask a question and the facial expression and mannerisms tell another story then that is what I took from the conversations I listened too and watched. Who knows but I’m slightly optimistic, both then again I’ve been optimistic a lot and got burnt with CBX

Scottyboy - I agree with you completely, I’m giving this one more chance , it’s a tough market out there and they have made serious mistakes, but as long as you learn from them and strategically move on then mistakes are not necessarily a bad thing.

As a customer though I am watching very carefully how they engage my business over the next 3-4 months , if it gets no better then maybe I call it a day as obviously it will have been lip service

Beans - that is very kind of you , to be honest I’m dailing back my investments in CBX , I purposely increased pre RTO just in case of a bounce , after the AGM I think we will be around this level for a lot longer so I can change my direction , I am almost at my revised holding goal and average down price which I feel comfortable with. It’s a massive gamble but one which I have slowly built over the last 2 years now to a level where if we do succeed then I’ll get paid handsomely, if we bounce i can set a decent sell level and get my investment back or on the other hand lose it all.

We have enough money for 2-3 years and if I can read between the lines then retail deals are close , obviously nothing material was confirmed.

Cannaray deal didn’t happen so we didn’t get screwed over as investors ( big thank you for that ) movement range is due, company is being more financially prudent, let’s wait and see.

This is not me saying I’m completely happy and confident with CG but I am naturally a glass half full person ( or incredibly naive)

Good evening all and update on the AGM

As expected nothing material, but they did get grilled by a few investors to which the answers were very long winded , it felt very flat and probably where we are as a business, one particular investor challenged them very hard and they wouldn’t answer clearly at all which is worrying.

A respectable meeting but nothing really got reported , they opened up on the last 18 months and what they have learnt which is good , Neil T was very engaging and spoke to most investors which was very much appreciated.

Bruna was the only CG representative who attended which was disappointing and shows the engagement currently with the investors, to be honest I really liked Bruna , she spent time talking after the meeting and was very engaging which is always a bonus.

My last thought

This business may not survive but I don’t think it’s from the company not trying , from what I witnessed they want to deliver but that’s easier said than done.

I’m still invested and after today will have a few more buys but be careful as this could bite you in the backside.

On the other hand from a clear perspective it wasn’t very engaging and felt like a tick box exercise just to get us out of the way.

Rhetorical speech is easy so let’s see again it they deliver.

Have an amazing evening all and good luck if you invest , I think we may need it

Take care
Paul

I’m not sure , it’s definitely realism as black and white doesn’t lie but there still hope and despite the last year they have capital and hopefully a growing sales number , there has to be more to come but what do I know

You can’t argue with the negativity at the minute as blank and white facts don’t lie , it’s now up to the BOD to deliver for customers and investors , this year will soon pass and with that another year of capital

Of course