Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Doubt if it will have a major impact on shares generally, nothing really likely to happen in response (at least not till after the elections) The timing was obvious and very smart. Oil should shoot up as should oil and gas shares I would have thought. Not sure though whether ZOE is now considered an oil share even though there are obvious benefits for rising oil price. So maybe rise or stay steady.... Falling, I can not see any reason why it should fall.... the news is positive for us!
sorry 70 dollars not p a barrel
It appears that the market appears to be realigning the share closer to its real share value, still a bit away but at least heading in the right direction again. Do not actually believe rampers or derampers actually affect the direction of the share, it is down to who is buying and selling. If people are buying at lower prices it will fall if people are prepared to pay higher prices it will rise. From experience here of HNR information seems to get out to the minority group and they will buy or sell accordingly, if there is a larger price movement up or down it is because someone or a group of some persons are buying or selling based on their knowledge and shortly after the news comes out. example the big fall in HNR when the sale of shares at 8p came out and the big rise when the oil deal was done. also the changes to become ZOETIC. so really there are certain people on this board that are in the know. or at least were. Not heard from Honest Dave at all.... is he still here or name change or was he really RP or one of the other board members that have now left. Personally I do not really care. I am not selling out here because on paper this company looks extremely good value for the patient investor. Revenue has doubled and net debt has fallen infact money is now being made. That is before the sale of seeds, Oil price is now close to 70p a barrel. from 59 that will have excellent ramifications on our profits if it maintains at this level. My advice to the board would be do not sell it, and when the core products are selling enough to cover all costs and produce profits consider opening to 12 wells rather than 16... improve revenue and profits without placing too heavier burden on supply. The aim of any business is not to get rid of debt as debt is an asset if used properly and is tax deductible as long as it is manageble which ours is. Overall 2020 is looking good and that is why the share has been rising over that last few days and over 9% yesterday. This board has been based around bickering and name calling which I have lowered myself to such a degenerative level. My apologies you all have the right to your opinion and if I had listened to a small part of the negatives I would never had lost so much money in HNR. Unfortunately it is a bit like the 'calling wolf' how do you know what is true from the constant opinions rather than facts, which is why I ask for facts to be stated to back up and not from last year or HNR. HNR does not exist anymore in that state.We are now ZOETIC, lets concentrate on facts based on this company and what this company is doing for 2020. If you have multiple identities which it is obvious some people have and you think you can affect the share price by doing this I think you maybe a bit mistaken I would hazard a guess that the 10 or 15 people on this board that comment continually or every so often would barely own 1% of the company adding all their shares together so will have little effect on SP
Especially for dogs and cats... would be a great market
Happy New year everyone and lets hope this year the positives and the negatives can meet in the middle ground and put forward positive suggestions or requests to the board for info. and they responds as they have so far with feed back. over positive and whinging poms are of no benefit to anyone. there is how ever a great source of facts from the company now coming out. may this continue and great success for all those here that are investors in HNR. Good luck everyone.
Nuba your figures make no sense,
The company has moved from making a loss to making a profit.... this does not happen when revenue is lower than overheads Christmas revenue was not included in this so when this comes out there should be a greater increase in revenue and profits. The seeds and sales will increase over the first quarter, so not sure what you are talking about..... oil price has increased thus also increasing revenue from oil income ie our 7% which is pure profit as all cost are borne by the other company. again what are you discussing here historic again.... which we have already established has no baring on what this company is doing! Overheads are not greater than revenue.... if they were we would not have doubled revenue and moved from a loss to a profit.... even you must be able to see this???? read the last RNS
Nuba I think you have blown it now with your crap. Look at the RNS and stop waffling with lies. No one takes you seriously same old with no evidence. again you write with no reference to thye RNS or company statement so clearly you are making it all up!!! back to fairy land with you...... you know nothing about business and nothing about shares! maybe Santa will buy you an Idiots guide for Christmas
Show us the RNS that backs upmyour negative view, I want to see evidence from ZOETIC otherwise Shut-up and stop deramping!
Absolutely Nuba, and the point is we are earning revenue now from the oil which IS A PART OF THE BUSINESS, it is not insignificant and you talk about it as if it is not something we should be counting on. It is the Oil revenue that enables the business to operate profitably. We gave different sides to the business. We also just recieved cash into the business which was to recent to mention in the report. Overall for a new product to be covering its costs and making a profit into the contribution to profits is a massive benefit tom the company. We advertising and selling with new outlets set to come online very soon. This is positive and not negative. Negative is we are running at a loss and our assets and revenues are falling.... this is not happening, we have doubled our revenue and our assets have increase (a lot). So sorry to burst your balloon, but this is a success. HNR was never in this real growth situation and we can admit that but if it had not been for HRM we would never of had the oil revenue we have today. ZOETIC within the next 3 months will start to motor because of the plans they are putting in place now. This is not me ramping or guessing, this is straight from ZOETICs own mouth or rather their RNS. I am backed up with evidence, where is yours?
By the way Nuba, you miss the whole point, that we are generating positive income andnthese are called revenue streams. These streams come from existing businesses, you are obviously not business minded and no very little about comanies and how they work. A company generally have their cashcows which bring in the income, this income is used to develop their new products that will eventually become the stars. When bringing a new product to market it takes money and it takes time. no company can just magically make a product and turn it into a billion pound star product as it takes a vast amount of time and effort devel0ping the marketing, logistics and sales systems. 30% of all sales of the new product have been made in the run up to Christmas which are not in the equation. which means revenue and profit from these products are a lot higher (see the link I sent you earlier from Proactive. It is important to remember they have been developing a product family not just a product so these products are opening their own place in the market place in a large number of outlets. Most of what you say makes no sense whats so ever as these are new products so how could they possibly be making massive revenue from them? I do how ever agree about the bozo who keeps talking about dividends who i really am not sure who it is but really it is cloud cuckoo land talk as building the business is key and dividends would be the furthest thing from their minds in-fact something that would not have even entered their minds. It would be suicidal to think about it. Honestly, there is no need for ramping or deramping the company are telling us the way it is. read and make your own judgements..... but dont talk crap and make up rubbish which have neither substance or logical, and if you are going to give something negative back it up with fact not hot air crap please have respect for us who are remotely intelligent and have a wonderful Christmas! though I am sure with your constant negativety you willm find a way of ruining everyone around yous Christmas!!! :)
andy you looked at the facts and said something positive, did you no positive is a banned and criminal offence on this site and not be tolerated by NUbaNuba and co who are all the same person deramping and can not actually come up with anything to back up their negative reports. Nuba Nuba accuses you of a personal attack but rather that stating exactly why you are wrong and backing it up by evidence simply throws a full forced attack against you showing that this person is actually the Troll. So dont worry and take no heed just block them. Personally I just ignore them. An RNS came out today from the company which stated extremely positive things about the company and the direction it is moving. Based on the company who DO KNOW what is happening then them and only them should be heeded. NUBA NUBA has made three comments and not one discusses the company in any light but simply attacks people that are positive towards them. I think you will find Nuba and A187 are the same person with multiple accounts are definitely not invested in this company they are professional derampers. Read the RNS and make a judgement based on fact
Ohhh by the way!
“We’ve established the Chill and Zoetic brands,” he told Proactive and that has led to significantly increased traction with retailers and distributors.
Zoetic has seen a third of its CBD sales in the last thirty days reflecting the acceleration and recognition of the brands.
Revenue of 1.5 million is not a company doing badly! considering this is H1 2019 and the same time the following year we had almost half this revenue 0.52. which means we have over doubled our revenue!
89 stores SELLING our products and growing..... these figures do NOT include Christmas sales! mass advertising now going on.
Feminised seeds are on on Track!
We have more customers than we can supply to which is great though does offer a small issue which they are resolving.
UK, our Zoetic brand has launched 15 product lines since August and, with the launch of CBD gummies in the UK, a further four coming under the Chill brand which mans we are now poised to take full advantage of ALL our product lines on both sides of the Atlantic.
our natural resources division is now profitable and therefore a valuable support to our developing CBD operations. This is profitable and they will not sell unless they aim to get an extremely good price for it. this means it has now become a strong Asset on the Balance sheet goving greater asset value to the company.
So Revenue has doubled, profits are now on track, sales are increasing through greater numbers of outlets and our Asset value or worth of the company has also increased.
Ummmm this is tragic!!!! I can really see why the price has fallen...... For God sake what the Hell are you thinking of, how on earth can this company see red???? it is an dream come true!!!
Highlights
· Revenue of £1.15 million in H1 2019 (H1 2018: £0.52 million)
· 89 stores in the US now stocking Zoetic and Chill products
· Mr. Checkout trial underway
· Greater advertising of Zoetic with the brand appearing in EasyJet's magazine in Q1 next year
· 25 product lines across Zoetic and Chill brands
· Feminised seed production remains on track for the 2020 growing season
· Natural resources division trading profitably
Nick Tulloch, Chief Executive of Zoetic, said:
"Our interim results and our achievements during the remainder of 2019 have positioned us as the only vertically integrated CBD company listed on the London Stock Exchange. To that, we added trading on the OTC in New York in November. Our task now is to deliver on the business lines we have created.
"In a short time, we have established the popularity of Chill in the US, especially the chew pouches. We take nothing for granted but it appears for the time being that our limitation is not on customer demand but rather our own supply. As we work towards securing a significant increase in our manufacturing capabilities, we are optimistic about potential future sales.
"In the UK, our Zoetic brand has launched 15 product lines since August and, with the launch of CBD gummies in the UK, a further four coming under the Chill brand. Our range of products now gives us far greater scope to engage with retailers in the UK and Europe and that is our immediate focus.
"In the meantime, following a radical restructuring, our natural resources division is now profitable and therefore a valuable support to our developing CBD operations. We continue to assess interest from prospective buyers but the urgency to dispose of this division has now abated and so we will ensure a compelling price is paid before sanctioning any sale.
"We have a great deal of work to do but the efforts from the entire Zoetic team this year have presented us with a platform from which we have every opportunity to develop our revenue streams and, from there, profitable growth."
Enquiries
Zoetic International plc +44 (0) 1738 472 029
Nick Tulloch
IFC Advisory Ltd +44 (0) 20 3934 6630
Tim Metcalfe
Graham Herring
Florence Chandler
Chief Executive Officer's statement
It is a pleasure to present Zoetic's interim results for six months ended 30 September 2019. This six month period is perhaps the most significant in the Company's history to date in that it has seen a radical reshaping of our business. We established our CBD business at the beginning of the period, we have changed our name and redefined our strategy as we completed the transformation from our natural resou
well just aqs well i didnt bet on it! :)
No profesy but reckon the price will head back up to a slight profit in about an hour. apart from inaction trying to shake out buyers reckon the climb will come on the anticipated good news
I actually do not see an update till after Christmas not unless there is a special update. They would probably want to update with a good set of Christmas sales under their belt. They probably would not be able to give figures but certainly can give a strong indication as to how sales have gone and what is likely to happen next. I know someone was saying that the company results normally come out now, but this is a new company and they have so far been positive and informative, but there is still no point giving news where there is none. MCB55 you have a very valid point about the elections.
Oil price is rising nicely which will help to increase our revenue as well if it continues to set at a new higher level.
Maybe next week maybe at the beginning of January. Not into much of a hurry as long as the news is good news.... all indications would suggest it is.
Do you have anything valid to offer the board apart of shorting, if the share price falls due to something bad then okay. But so far we have had no bad news as far as I can see. seed may take a couple of months longer possibly for growing season but that is not really bad news as they can not grow UNTIL GROWING SEASON so re-not really negative. Sales galore appear to be taking place which we have not had before. The oil wells still gushing..... Oil price is rising as a whole okay slowly but trend is up. down slightly today but go to oil.com and look at the graph trend... facts speak for them selves!
So why are you de-ramping this share. give us something concrete to work on other than you would be happy with .05 to .07 I would be happy with .50 to 70 so what?
To be honest rampers derampers none of this changes to simple facts that this company is likely to move forward quite soon. Where information comes out from the company it is liekely to be god. The company since changing its direction and name has gone from strength to strength and the last info out was very positive indeed. Waiting in anticipation!
Depends on what sales have been made and where and when. Certainly sale now are way up and we are getting money in from different income streams but as you say that is unlikely to show. But I guess they will realise this and they will probably give a strong indication as to how the Christmas period is going and what their expected sales are. If they have opened up the valve (as someone suggested sales of oil had gone up) then this will make a big impact for us as there are no costs just revenue and profit. on this business. anyway I guess we will see, pointless hypothesizing with out the facts.