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Very kind - I would make a terrible CEO lol , not sure who is behind the IG page but to be clear it’s not me this time.
I really hope we are wrong about CBX and it’s current trajectory, the only person who can put this right now is Darcy , it wouldn’t take a lot but maybe the situation is irreversible now and time has almost run out for us.
Whilst we are lambasting the BOD let’s not forget the great work Alexis , Alexia and the RD team did in bringing this to market , besides the investment failure I still love the skin care products , it just goes to show how difficult it is to bring a new product to market , but we’ll done to the team for tying
To be honest I’m only speculating which happens when a company goes radio silent. Let’s look at the facts we have at present
1. Poor sales which cannot sustain the business
2. Cost cutting which has resulted in delayed recovery range launch, which had been promised for over 18 months
3. Part Time CEO
4. 15% dilution for acquisition of Kingtide which is still a pipe dream , acquired in May , now September and nobody any clearer on strategy
5. All marketing put on hold , no social media presence anymore or marketing emails in over 2 weeks
6. Patents looking like not being granted for Skincare range , almost 18 months since patent submission and company refuses to update either way.
7. SP almost at historic low
8. No news on any innovation happening with the brand
9. Past history of poor decision making, almost £13m spent in 3 years to reach this point with the facts above
10. Key seed investors involved in WealthGreen and Ora Carbon , with our acquisition of Kingtide Carbon it looks from the outside as the boys club lining each others pocket.
11. Significant shareholders selling out at a time when we are being promised a bright future with Kingtide launch ? They are all connected so obviously not as bright as Darcy and his limited rhetoric is promising.
12. Matthew Lodge able to start selling his 95m shares from November 5th, that will play havoc with SP
13. BOD that refuse to update apart from flimsy scripted videos on Twitter
All the list could go on so don’t let the likes of Freese ( who it seems is connected to CBX) tell you all is okay and the future is bright.
The majority of us are 80-90% down on our significant investments, do CBX care ? The above suggests not at all.
To me it all suggests
1. Sale of Skincare brand , hence no marketing or sales
2. RTO again with no knows this time
3. Raise and more dilution for existing investors
4. Administration, I really hope not
They are staying very quiet , probably finalising the sale and writing the doom of an RNS
All just an observation but it looks like we have given up , only 1 IG post in 10 days and no email marketing received in 2 weeks.
What is happening ?
All i promise this isn’t me this time but somebody has set up a shareholder page on IG , link below , not sure the aim or intent but good luck to them as I know how hard it is to get traction on this kind of engagement https://instagram.com/cellulargoodsgroup?igshid=MzRlODBiNWFlZA==
Bobat - what they need to do is engage and be honest , we are all ready to support if needed to help with sentiment , it’s their choice to treat us with contempt
Freese - since you seem so well connected can you ask Darcy and the BOD to change tact a little ? We are all in this together , company and shareholder , let’s get some engagement and admission to mistakes made so we start to grow integrity and sentiment again
Freese - you sound like you are connected in some way to CBX ( North American spelling etc ) if you are surly you have some empathy for the hundreds of LTHs who have seen their hard earned money squandered without any form of redress to the BOD.
If you are close to the team then ask them to look at it form our point of view over the last 3 years , I’m sure that may pull on a few emotional heart strings
Freese- what’s helpful is not watching our investment drop over 90% without any clue on direction or strategy, if you haven’t been in from day one I don’t expect you to understand.
Very poor sales , poor investor and customer engagement, cost cutting actions so we can’t launch the expected sports recovery range, an acquisition which we have no clue what is happening.
That’s what you call not being helpful , idle speculation disappears with investor engagement and integrity.
Bobat - nothing will change with sentiment until the BOD decide to update with material news , it’s way to quiet for anyone to get interested in CBX now. Too many people have seen the bounce and quick falls to stay invested ( apart from the LTHs) who are trapped.
I wouldn’t be surprised if we see the skincare range sold off over the next 4-8 weeks to raise capital to fund the Kingtide venture.
bearing in mind the shift in trajectory that cbx seems to be taking it maybe prudent for all investors to have a look at the tg groups for both companies, i’m sure they are all interconnected
wealthgreen https://****. /wealthgreen
ora carbon https://****. /oracarbonir
when you search take the spaces out between me. and /
CTT- it does make sense , let them sell the skincare to someone who knows how to run the business , they have been really poor on all levels from customer service , retention and marketing. In all fairness to them I can imagine it’s incredibly hard
Here’s is the link for the Ora Carbon TG group , all CBX investors let watch this with interest
https://t. me/oracarbonir
Just a suggestion but how does this sound ? Ora Carbon currently on the Aquis exchange founded by Mike Edwards who was an original investor in CBX.
Both CBX and Ora have First Sentinel as brokers , it’s a possibility that Ora will merge or RTO CBX to get an LSE listing , Mike Edwards is heavily connected to Darcy and the CBX team.
What’s your thoughts ?
Bobat - what makes you think we have lots of sales ? From my tracking it’s not moved with any significance this year , I maybe wrong but don’t expect any good news there
Also why have they stopped all social media activity , they used to post everyday and now nothing for almost a week since their content producer left.
What is going on with this company and why do they refuse to update the LTHs who have supported since day one ? It’s a disgrace
Bobat - this is all just corrupt now , complete disregard for investors , they just don’t care , if it comes to a raise then stay well away
We spent ages asking these questions on lots of different platforms , so many investors have emailed IR and asked exactly the same questions. They just are not interested in engaging with us at all.
All we can do now is hope and pray we can get a small bit of our original investment back one day
Don’t give up yet , let’s get this month out of the way ( end of financial year ) and see what happens , there is a lot of activity on IG for both Wealthgreen and Ora carbon trading, ironically people involved in both are connected to CBX / Kingtide in some form or other.
If they can launch this successfully alongside some good news with the skin Care range then we might have a hope
Https://www.lse.co.uk/news/DVRG/in-brief-deepverge-to-be-removed-from-trading-on-aim-on-thursday-00fc5sbhscxcow2.html
Does this mean it’s being delisted complete?