Member Info for HopefulDave

The website is obviously a Work In Progress, however it isn't an internal customer (i.e. C-Store) portal. It is not where the C-Stores they serve go to order more products / setup repeat orders of all of the products Ox distribute to them.

Internally their customers (the 2,000 odd stores in their network) will all have been told about Chill and presented with the sales figures that have been achieved in the Beta Stores....

IMHO they would not have rolled out without "Pre-orders" and commitments from C-Stores, and they would not have made a giant batch of products until convinced they were ready to roll.

They cannot roll out until they have the products and the supply chain lined up, so clearly they have the products and the supply chain lined up....

The Beta Stores have provided the initial sales data and then with sales growing month on month they have demonstrated repeatable and growing sales....

You don't sign up an International Distribution Partnership with a Major Tobacco distributor who is also capable of providing online sales in Europe, with a disruptive product (products aimed at tobacco cessation) and potentially upset their incumbent tobacco companies without being sure you have something that's going to sell, and in some cases and some volume, replace what you are currently supplying.

So Ox's website is new and not completed.

It won't have stopped them distributing products to their existing 2,000 stores, and therefore it won't have stopped them from satisfying any orders they have already for our products, and from a Zoetic and Chill perspective, that's all we need to be concerned about.

Key thing to note from that is “with its partners” not partner...

Ox Distribution updated their new website as per Rollinghand’s Post from yesterday.

The sensible and obvious key to a successful US rollout is diversification, and distribution into numerous locations.

Ox predominately based in Colorado have stated that they will start there, and will spread into the other States they maintain a presence in.

If we are starting the rollout with “our distribution partners” then the others will no doubt begin to roll out to other targeted areas, States and Townships accordingly.

This should ensure that the products manage to get out into lots of places and grow from their initial rollout targets, the diversification meaning the companies products will begin to be spread across the USA.

Would expect announcements from the other partners as they Launch Chill, specifically Mr Checkout when they do, as they tend to make announcements as they *officially* launch. They may well have been adding stores without an official launch “Beta” stores of their own as such, that we (the public) do not know about as yet.

With regards to other news, it is possible that AATAC will also sign up for their 6,000 store reach distribution deal which will be another massive indicator as to the growth that can be expected here.

Rollouts were key to the companies immediate success, not that it couldn’t have bed down and ridden out the Covid storm, and rolled out later as indicated in previous CEO interviews and still been OK. *if it had to*

It’s started and it is going to be one hell of a ride. Very exciting times ahead both in the USA and beyond.

Or even Kroenke...

As much as you joke Gallini.

They wanted to adveritse on Sports Radio as one option...

And they are followed on Twitter by some of the Kroneke Sports radio peeps.....

No need to consolidate the shares when they will be in £’s before long, if anything a share split would be more likely, that or those “lofty outrageous” SP’s people are moaning about come true.

Tick Tock :)

Cranleigh honestly not fussed for short term action on the SP.

It can bob up and down like Bob the Builder on speed in a DIY Store whilst it is in the pennies, and people can hokey cokey all they like, **if** thats what the SP wants to do....

It will keep trending upwards for a long while yet, and it will leave the pennies behind quickly once it is released into thousands of stores and that store count is increasing day by day..

AATAC is still to sign up yet to double that store reach as well as a rollout schedule.... AND additional distribution deals can be announced along with the rollout.....

Lots of love and hugs,

Hopeless Dave.

Closed them yet? PMSL

.... be a Global Brand. :)

All those bashing the company as it makes its final transition from oil and gas to CBD need to understand some very important historical facts.

1) The oil and gas business was a disaster “run” by a former CEO who many described as a lifestyle CEO, who has since been ousted along with his “consultants”

2) After years of failure in the oil and gas business, luckily for HNR shareholders the last big placing was done to acquire the assets and people of District 8. To all intensive purposes that was a reverse takeover.

3) With funds raised for what was now Zoetic, the CBD business started cleanly with hemp as opposed to cannabis. The decision to go to hemp was simple. Global sales as opposed to limited cannabis sales in just one state.

4) RP stupidly continued to spend money in the oil and gas space when it should have been shut down and all funds channeled into the one place that would make money..Zoetic. Now it is all Zoetic and it can thrive.

5) RP left (I’ll leave that there)

6) Transition period where Nick T and Paul M held the reigns and helped sort out the mess that RP had left behind, whilst the US CBD business continued to gain traction under Trevor and Antonio’s **multiple years of experience in that field** PM took no salary and NT did not increase his.

7) The team turned the company around, poised for success, and Covid hit.

8) RP is forced to get rid of his warrants, in order to be able to sell his shares in the company, assume he needed the money... They go at face value as the SP has hit an all time low.

9) Ox Distribution take the 23.75m 5p warrants and activate them, paying for them at £118,750 a month (of which 4 months are still to be paid) - this is assuming that they haven’t paid it all to convert that cash into products for the rollouts ahead... Note Distributor injects £1.1875m during Covid pandemic into Zoe..

10) Covid restrictions force a changing of the guard and T & A take over completely.

11) The O&G assets are disposed off and T&A (with their years of experience in the industry) now run the only London listed CBD play of its kind.

12) Distribution deals continue to come in. Currently 6,000 store reach in USA is there.

13) Sales are now above expectations in beta stores (5-6 items per day per store was being achieved, they hoped to double that with display cabinets) ...

14) 1st and now a 2nd major international deal signed, the latter represents 15 Countries in Europe: Italy and Germany named as two to start with: 2000 stores and major online presence with distributor with 15 years experience in tobacco distribution, looking to diversify.

Make no mistake, it’s been a crazy ride and turnaround..

But this isn’t oil barons do CBD. This is people who have many many years experience in the cannabis industry do CBD.

The CEO’s, the deals, the agile and now low cost nature of the business, it’s scalability and rapid growth are what is driving this SP increase.

Chill will

And with a mighty 6,592 shares bought at 30p, only 1 MM remains on 30p!

Lovely Jubbly.

And on HL at least you can't even buy 1 share!

Who's got the hoover out come on?!!!!!

This time yesterday Rodders.

Hopeless Dave.

Oh hi Antha..... Hope things are treating you well?

All this flogging CBD out of garages has indeed ended in tears, of joy!

Love and hugs.

Hopeless Dave.

The Agreement will see the Company's premium CBD offering reach consumers in over 15 markets across the European Union, with thousands of stores making preparations to stock the Chill range. In a promising development, this physical footprint will be complemented by an established eCommerce presence....

Our new partner's 15 years of trading experience within the EU tobacco market will provide an excellent platform to enable the sale of our products to consumers across Europe.....

I would imagine an online sales presence enabling access to 15 countries, alongisde thousands of physical stores would give the "ta-da" moment when stuff is shipped :)

Richtips -> RNS's:

Simply because we have 4 distribution partners in the US now.

Named: Mr Checkout, Ox Distribution, BettermentRS and ..... insert mystery company here....

And that the store count being talked about (currently) is a 6,000 store reach.

And then in later RNS's we are still in discussions with AATAC... and ...... nope just AATAC named....

So we "lost discussions with one" - as in not mentioned in RNS's again, but gained an additional distribution partner at a similar time...

Like the trolls here and ADVFN, I like to do join the dots, but I do it constructively as opposed to them doing it: i.e. as is it the playtime fun that matches their mental ages, along of course with their finger painting, running around waving their hands in the air going "look at me look at me" and repeatedly soiling themselves as they look at their IG Short postisions .

500 US Stores and increasing around here -> 35p
1000 US Stores and increasing - 50p +
2000 US Stores - £1 +
.......

Play the how many stores game and work it out, you get to play a bonus round if add European stores to the mix and add another 5-10-15-20-50-100p depending on what where and who’s named :)

They have said a us rollout at previously 500 stores a month, but haven’t revised that number yet.

They said hope to be selling in Europe by the end of the year so that would be on top of whatever the US rollout achieves...

Ox's external website isn't great but they have a network of 2,000 + stores to distribute to and 18 c-stores attached to their own gas statations..

If you want details on the other distributors...

Check out: ->Mr Checkout
Check out: -> BettermentRS

Not yet named confirmed but we have 4 US distributors as opposed to 3 and no longer "in negotiations with" New Age Beverages" so you can join some dots there.

And AATAC are going to be the other 6,000 store reach deal signed imminently.

Not to mention any others, but Mr Checkout and AATAC and the chains associated with them pretty much cover the entire USA C-Store market....

Rollinghand it will go quicker.... won’t be long before they can do organically 1000 stores then 2000 stores a month, if the demand for the product is there and it seems it is.

After all talking about Europe prepping for 2000 stores themselves and online sales there before end of this year.....

Pandemic aside - people thought would need to wait for it to be over before rollout, but the stores are selling now and the main rollout is starting imminently.

Pandemic = lower footfall in the stores.....And yet our product sales are INCREASING month on month in stores.

This will fly as soon as people get fully behind it and realise it doesn't just want to be in thousands of stores, or say its going to thousands of stores, but it is going to be in thousands of stores...

Tick Tock!