Member Info for Holdon

They never did say...

I'm well aware of all this, I've been in this from the joy ride Robert Price gave us... I was answering a specific question...

Https://www.lse.co.uk/rns/ZOE/hemp-seed-update-dxxh6x8pougf1hh.html

Info under the ZOE ticker

22 Jul 2020 07:00

RNS Number : 6773T

Zoetic International PLC

22 July 2020

Being the only customer, surely Hainan benefit due to the low price...

Any thoughts on Nick being back at Chill as a non exec director...?

Nice to see Nick back, he did a good job steadying the ship in the Highland days...

From the CBX RNS mornings

"The full Cellular Goods 'Look Better' skincare range will be listed for purchase on Chill.com including the best-selling Rejuvenating Face Serum, Rejuvenating Night Cream and Nourishing Face Oil which are all powered by the company's breakthrough anti-inflammatory, CBG. CBG has been shown to prevent inflammation in the skin, known to accelerate skin ageing, without the side effects associated with industry-standard ingredients retinol and vitamin C.

Cellular Goods' products will be available on the Chill.com ecommerce website in advance of the busy holiday shopping period."

presumably, the company now needs to exit administration before re-listing... info in previous RNS as below:

The $15 million equity component of the Fundraising is subject to the Shareholders' approval of the Resolutions, the Company's exit from administration and the lifting of the suspension of the Ordinary Shares on AIM. The Resolutions will also allow for the conversion of the existing secured indebtedness into equity.
As soon as practicable following passing of the Resolutions at the General Meeting, the Joint Administrators intend to make an application to the court to be listed for a hearing on an urgent basis to approve the Company's exit from administration. Provided the court approves the listing on an urgent basis, it is expected that the hearing will be within approximately two weeks of passing on the Resolutions. Should the court approve the exit from administration, the Joint Administrators will vacate ofce (and the Board of Directors will resume their full authority) following receipt and nalisation of the court order which would be expected to be within two days of the court hearing.

Nick Tulluch Chill/Zoetics new business…check out instagram post

Very hard to swallow, but Callum comes across as pragmatic. and has given an honest account of the difficult situation. This company has had some very slippery characters taking some decent salaries over the years. I wish this guy well, if he had the job instead of Nick (all aspiration and no knickers) a few years back, I think there'd be a solid (but maybe slow-building) business with a good core of positive long term shareholders. As long as the updates come and the plans are realistic, maybe it may just come good...

Cellular goods has just popped up on my AdChoices at the side and bottom of this page. I think it's safe to say they're going to do a good launch...

I had read the RNS, which is why I dug a bit deeper and asked the question...
sorry, I'm not trying to be negative, the management said they would be more transparent in a recent RNS and I'm a control engineer so have to work on logic.
The arrangement was established in June 2020
between then and yesterday they must have trialled it in the retail outlets they distribute to get the knowledge of being one of the top performers in these outlets.
my questions are how many we're trialled? which stored ones? how many sales? did sales tail off (after the initial purchase) or did sales increase?
Even if they were trialled they must have contributed to the company total sales, unless they were free issue to generate interest.
To have a informed decision of investing we must be informed. After all we're all paying for the MD's salaries if the sales don't add up to the company expenses, and they come asking for more money...

I guess some figures of how many stores the product was available in and where they were located and sales to date would be nice as a gauge for the expected sales...
Also, I'm presuming all outlets weren't carrying the stock already and they've not just packaged it up into the "feel good" range?!

sorry, I'm a bit slow...Is this a new agreement announced today ? or a modification of an old one???

Mon, 1st Jun 2020 07:00
RNS Number : 4513O
Zoetic International PLCMulti-state distribution agreement

Chill, Zoetic's tobacco alternative brand, is pleased to announce that it has signed a distribution agreement with a new partner BettermentRS to market Chill products to their network of outlets (the "Agreement"). The Agreement is the latest development from the Company's strategic partnership with Ox Distributing LLC ("Ox"), who continues to be instrumental in advancing the Chill brand with successful direct store distributors ("DSD"). The Board strongly believes that DSD are critical for shelf placement and education of products to quickly capitalise on this multi-billion Dollar industry.

In May 2021 the Group raised £6,000,000
(before expenses) through an
oversubscribed subscription for 10,000,000
new ordinary shares of 1 pence each at a
Chill Brands Group plc | Annual Report 2021 | 13
price of 60 pence per share. The funds were
used in part to discharge the Group’s
£1,200,000 liability in respect of the
cancellation of a financing agreement with
LDA Capital.

that's a pretty big cash burn over the 5 months...

Hi Dave,

There we're indeed the sales as reported in the RNS's.
however, I think the point some guys saying in relation to the following on page 13

Liquidity, cash and cash
equivalents

At the year end the Group held
approximately £333,176 at the bank.

At 31 August 2021, the Group held
approximately £2,141,668 at the bank.
These funds were raised largely through the
oversubscribed subscription of shares in
May 2021.

as we are in Sept 2021, Have the sales yet to transfer monies into the company account or have they been used up already is the point...

HI Corin,

There isn't any OIls labelled chill in the UK, or the states as for as I know. Uk is Zoetic..for the moment....

Hi, billy, I'd posted a link to pumpedordumped but the post has been removed for some reason... it's a site that collates rampers from various share forums, unfortunately, it doesn't show de-rampers. worth a look...you can search for any share ticker

Shame there isn't a deramp list and you topped that also... Anyway, I'm glad you started ramping, it must be why the Sp is going up ;)