Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
I think you should have just left that at "Have you any experience?"
The answer probably being.
"I'm getting quite good at fanning flames and screaming"
Really really scraping the bottom of the barrel now those short.
I think some are open at the same price as my average PMSL!
Oh Dear Ananda, another nail in the short coffin... tick tock sweetie.....
Remind me again who has 2 distribution deals in Europe.......ZOE
Say it again.... ZOE ZOE....
Tick Tock........
Gonna make you boys who are short squirm even more............
HD Cranks up the volume on Disco Inferno......
A great day for CBD people......
FACT CHECK NUMBER 1 "Really investor focussed related party transaction" "Greedy Twat ?!!"
Did you know Trevor has an Organic Farm?
Didi you think about the 40,000 Hemp plants the company grew on 16 acres of organic farmland that belonged to Trevor?
Are you an estate agent professionally registered in Palisade?
Do you know if $,1500 an acre for a short term annual lease on a 16 acre plot on Organic Farmland is excessive or not?
FACT CHECK Number 2: The Director Purchase and Share Options.
It is a fact the directors bought of an individual 1,000,000 shares between them. 500,000 each at 51c or 39p at the time of the transaction.
It is a fact the directors paid 39p for the shares.
It is a fact that 1,000,000 options were converted by Paul Mendel as he had the 1,000,000 options, he was the only person who had options which could be converted without any lock in under the share option scheme. This is because he took no salary for his time as Chairman.
I do not believe the two items are related, despite the number being 1m but even it they were it is not some super conspiracy!!!!
The Directors paid 39p for those shares (51c) which was the market value for them at the time.
The company has received £100,000 from the Share Option conversion, and the Directors have bought shares at 39p. FACT.
FACT CHECK Number 3: The Initial award of 6.45m shares each to Trevor and Antonio at the time HNR effectively reverse took over District 8.
Trevor ad Antonio had put significant capital into District 8. They had a cannabis business but wanted to move into Hemp. HNR effectively reverse took-over District 8 and employed Trevor and Antonio. You can see they were paid $100,000 a year salaries.
They gave up their intellectual property, their knowledge, brought the skills with them in the cannabis space, stopped making products that were the number 1 selling pre-rolled cannabis brand in Colorado to start Zoetic up.
Now I don't know how many business takeovers you have personally been involved in, but I do not believe it is uncommon for shares to be awarded to the taken over business owners who transition across along with the assets and intellectual property.
I'm sure the BB will agree you that so far you aren't a real estate agent in Palisade, not a savvy business owner, nor are you a market maker who seems to have some mystic meg crystal ball where you can see 1,000,000 shares "forward sold" where nobody else can.
Those 6.45m shares were awarded at a price of 8.5p which was the placing price when Zoetic was formed (so that is actually just £548,250 each) awarded in shares, which they actually got 1 year after remaining with the company. They put more than that into District 8..
I don't mind the options, they deserve them, they will make investors rich, and those short poor...
I put it on Twitter also.
I wouldn't say it's cryptic at all.
After all they have mentioned Global Brand enough times before.
Tick Tock
With a bit of luck, we can have another 100-200% rise on the interims just like the the final results that all the shorters thought would result in an SP crash but went 100% the other way.....lol
People do not care about the O&G assets...
People are investing for the CBD business, the global distribution deals, the stores that are now stocking and selling and will be stocking and selling the CBD products across the entire USA.
How about.....
Maybe by then our 2nd 3rd and 4th distributor in the US will be rolling out and the store count will be in the 1,000's?
Maybe by then our European distribution would have started (perhaps online first, stores second?)
Maybe additional distribution deals will be signed up.
Maybe GVB will have dried their crop harvest of the 40,000 planted seeds and we will find out the data on those. Perhaps they will plant more next year...
Maybe by then the Zoetic anti-ageing CBD products will be launched, and we will have won more awards.
Maybe by then the accreditation of products by the FSA will be granted with the new compliance requirements and our products can be marketed and get into stores as fully compliant.....
O&G is sooooooo last year.......
If you can’t sleep at 04:10 I would suggest some Blood Orange CBD from Zoetic.
It got a mention in GQ you know, the only CBD product to make it in the award list. Helps sleep, so no more 04:10 anxious nightmares.
Oh and also closing the short will help too.
Love and hugs.
Hopeless Dave x
Don't waste T&A's time with it.
The oxygen thief will go away soon enough. It's such a ludicrous suggestion if you think about.it, it is better left up for all to see just how cuckoo Earcahe is.
Give it time....Small matter of conquering the Globe with Chill taking focus at the moment.
But thanks for another enlightening first poster and happening to chose Zoetic to be the one and having to have a little pop as you do!
If you open GQ or any of the other places they won awards you might see them....
Cranleigh, I paid such little attention to that original post I didn't even register that bit until you popped up with it!
Thats is even more Priceless having read it again!!!!!!!
Oh and as for your forward selling theory.... do you even know when the options vest?
And why would they buy shares at 39p if they were desperately forward selling options that don’t vest until....
I give up
answers on a postcard please to....
Earache,
Speakers Corner,
Next to David Icke and Corbyn’s mad bro.
Hyde Park,
London.
2515 34p
Earache.
When I buy shares in Zoe I am investing in Zoe.
You buy shares you invest in the company.
Like you know you invested that 2515 shares at some point and then sold them at 34p and are now bitter cause you lost out on another £200 odd pounds perhaps?
They invested $255,000 each for 500,000 shares at 51c which at the time was 39p and £195,000.
Simple as that. They invested £195,000 in Zoe.
Did the company get $510,000 in total?
No I never said it did.
They bought them off market from a private investor.
So
A They bought them....
B They invested $510,000 or £195,000 each in Zoe.
Yes 1m options were converted.
Yes they were 10p options.
Yes the company got £100,000 for those.
I have never said anything different to the above.
They have invested in Zoe, just like I have and everyone else who owns shares has, and even you did if you sold your 2515 shares or whatever it was you mentioned the other day at 34 odd pence.
We see you sold at 34p, after it was clear the directors had paid 39p, we know you were invested in Zoe and now maybe you aren’t.
I’ll just leave that there...
So that confirms the transaction of £195,000 invested by each director at (51c / 39p as of 28th October)
They only had a very small window in which to purchase the shares given the news flow to come....
For all the trolls out there talking about the re-assignment of the options that existed previously to themselves also, it’s a further incentive for the Company to do well.
The more the shares go up the more money they will make.
They could have re-assigned the options regardless, there was no need for them to invest £195,000 each at that time, but they did.
They know (they have told us) what to expect in terms of news flow:
More orders, more distribution deals (Still have AATAC to double time store reach to sign up), US Rollout data, European Sales launch, New UK Products, FSA approved products to come, Harvest details from GVB Pharma and additional developments with them...
All that is due soon.... They had one opportunity to buy and they did...
That is all you need to know!
I posted a teaser yesterday on Twitter as to things going on in the background. Nobody seemed interested....
So today I posted the article itself.
Does it mean anything directly by itself?
Well. No.
But they are a close family group who have built that business up over 4 generations since 1937 and letting it go must have been an interesting debate.
But they do have something else going on, something growing exponentially....
It’s clear they are doing Chill fulfillment in the USA from the video clip posted.
We also know they are distributing and rolling out to C-Stores in the Ox Distribution network.
They clearly sold them in their own C-Stores (which are now being taken over by a company which has 1700 C-Stores in its own network)
So I would have hoped they would you know “hey, one thing you might like to consider selling across your other 1682 stores.... is this product line from Chill....”
You never know, but nice contacts to have right....
Anyway, Chill. It’s the weekend after all.
(Disclaimer, might not feel like Chilling if one of those people still got shorts open and opened new ones down at 34, oopsie)
The transaction is due to complete anytime soon (like it was 2 weeks ago now)
Zoetic International plc (LSE: ZOE), the London-listed vertically integrated CBD company, has today been informed that its two directors, Trevor Taylor and Antonio Russo, have each agreed to purchase 500,000 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") from an existing shareholder at a price of US$0.51 (approximately 39p) per Ordinary Share (the "Transactions"). The Transactions are being undertaken off-market and are expected to complete within the next two weeks.
Mr Taylor and Mr Russo each currently hold 6,450,000 Ordinary Shares, and following the Transactions, will each hold 6,950,000 Ordinary Shares, equivalent to approximately 3.57 per cent of the currently issued Ordinary Shares.
Perhaps there will be an RNS to confirm the transaction at 39p soon. Or at a minimum it will update under director buys where they are listed.....
3 RNS's ago
BB - The update on sales will come when the company gets the information back from the distributors who are rolling out the products to the stores.
There is plenty of other news that can pop up on the RNS feed at any time...
The directors had a tiny window in which they could buy, at 39p and they took it. They know what they expect to happen in a short time frame, and bought in pretty much the only window they had available...
They released the information that was there at the time, which was now 2 weeks ago...
Each day more US stores are rolling out.
The AATAC distribution deal still awaits signing.
Additional orders to rollout more aggressively could come at any time from any one of the 4 US distribution partners already signed up.
Progress on the European Distribution and online sales could come at any time.
Harvest details from GVB Pharma are due, which could have a significant impact on what happens with regards to seeds for sale / next years grow that GVB Pharma carry out, they may decide to use more of our seeds, they may agree to grow significantly more than was grown this year. They were all organically grown plants, which will produce organic CBD to go in organic products.....
New Products which Zoetic is working on to be released (cosmetics not bound by the FSA ingestible aspects!) we know an anti-ageing product(s) are due...
FSA certified ingestible products are due to be released.
The company is listed under oil and gas - that needs to change soon, which will create a lot more focus on it.
We have distribution deals in Europe and USA..... There are a few waiting to pop up elsewhere then....
There is so much news to come, which is why they bought in the window they could, as all this news is due to come in.
Now we wait for the next batch of news to be released, which if it is any of the bigger items on that list will show precisely why they bought when they could at 39p....
In short, take advantage of the sales!
You can sell as is if it is the *same product* but legally speaking it is the CBD that they want tested critically.
If the note in the reply is it's now"organic" then its distinctly possible on purely the legal aspect it is deemed a "new product" and as we are playing everything by the book, that would mean as a "new product" it would need approval...
Even using a newer different batch of Isolate made using the same processes as before could possibly be deemed "new product"
This is precisely my point on being 100% compliant. And the difference between the companies that kick on and become the global players, and those that very rapidly go away....
Compliance is absolutely everything.....
If the gummies arrive as fully compliant and organic as well as early as Nov or Dec that would be a very big result.