Member Info for johnpeterson

I know im not invested here anymore but I cant help but notice the Tweets pop up and read the news

That new article states that the wellness centre cost $4m - so Afriag paid a third towards that with its £1m~ $1.3m~ investment but got 2% of the shares? I have a feeling a lot of the share capital that was acquired fluttered off towards someone else with big fancy houses and yachts :-\ while Afriag got a token 2%

Iv sold my last 4m now at 0.07 - 6 years of checking this forum and Twitter now over

I needed the cash and I can't see anything happening other than being tapped up for money to fund business building by DL that he and his cronies are benefiting from

I was very annoyed at how DL turned on the charm to raise cash for an investment that didn't seem right and then instantly its all quiet again

Life lesson from all of this - never invest in anything I don't have control over

£25,500 spent and must have got back £7k~ which is more than some people can say

Good luck to you all

What are they on about:

"which values the transaction at circa GBP40,000,000. "

are they going to tap us up for that much money at some point??

"Agriculture Investments: " - nothing about Afriag SA or the herb growers.... could be making a mint (haha) without us even knowing

"and made a gross profit of GBP163,000 .... The operating loss for the period was GBP30,000" - where does that £193k go?

they are building businesses up using our investment and finance then acting like they no longer exist

Another big player is seeking a cannabis licence:

https://www.thisismoney.co.uk/money/markets/article-7464321/British-company-planning-grow-marijuana-plotting-100-million-float.html

interesting comment made by the board:

‘I believe that’s a recipe for failure,’ he said of listing on NEX. ‘You might as well stay private because there’s no volume or liquidity on that exchange. It would be a main board listing that would allow the company to raise the magnitude of capital necessary to become a global cannabis player.’

so true

wow I forgot about the herbs! 3 years now and nothing else said.... could be raking in the cash yet we don't find out or see any of it

We own so little and valued it so high when buying shares in it, now its the main focus as if the logistics business has disappeared - seems like we have almost nothing to show for 5 years..... what could happen now that would turn around the share price? No one is paying attention to this stock any more

https://www.ig.com/nl/nieuws-en-trading-ideeen/uk-cannabis-shares-companies-regulation-190918

so quiet right now in terms of trades and chatter

Someones excited look at this incredible trade today:

16/09/2019 08:00 17,314 0.08

whats the point??!! Come on Afriag its been like 5 depressing years...... time to shift

This has appeared on Facebook posted by Apollon Formularies:

http://www.wiredja.com/index.php?option=com_k2&view=item&id=10513%3Ajamaica-jamaica-s-first-global-centre-for-medical-cannabis-therapy-opens-in-negril&Itemid=940&utm_source=newsletter_598&utm_medium=email&utm_campaign=in-wired-ja-news-today&fbclid=IwAR2dkNKDT6U4K3yXRyxdwwH8ET86et27r8QqssLvY8QBin1gv703O2NeEu4

so we own 2% of the 2 companies or just Apollon Formularies?

Found some photos of the research equipment on a FB page belonging to one of the people involved in Apollon:

https://www.facebook.com/photo.php?fbid=10214212443693940&set=a.1017787613857&type=3&theater

Anthony Samaha has resigned

What are the chances if it does make money does it filter back out to share holders is another question

DL just put photos up of Docs place and a handful of products on a shelf..... £40m business right there that we have a slice of.... hard to believe

That business is only worth £40m if its pumping out profits like a machine with so little in the terms of assets (cant imagine that property being worth a lot in Jamaica)

Whats next? Suppose its quiet now for 12 months and then the next placing :-(

We deserve some good luck really after all these years

iv obviously missed that drama then..... even though I check here an unhealthy amount of times per day

I did see those, I wanted some photos of the actual cannabis operation rather than hotel shots.... unless I missed those

I wanna see photos of this place.... not sure if you saw my analysis of whats going on (got a bit buried by Kenny's posts) - IMO we are either on the edge of seeing a load of new exciting investors (if there is anyone left that would trust a DL share) or the start of the next phase of bull**** and placings

OK so im doing some digging, they are working towards a Tier 3 licence according to last RNS, which means they have a Tier 2 that they have maxxed out or are close to maxing out at 10,000 square feet, basically 100 foot by 100 foot.

Im looking at acquisitions of similar companies and looking at the square footage to gauge value:

ICC Labs (9 or 10 times the size sold for £175m~ / £17.5M value to what Apollon has):
- "But its recently announced purchase of ICC Labs, with 92,000 square feet of existing production"
- "Then on Monday, Sept. 10, Aurora announced that it was acquiring ICC Labs (NASDAQOTH:ICCLF) for 290 million Canadian dollars, or $221.9 million, a 34% premium to its 20-day volume-weighted average trading price."

Tilray: (almost 100 times the size £3.37B / £33M value to what Apollon has)
- "Tilray had approximately 850,000 square feet "
- Market cap $4.22B

OrganiGram: (around 50 times the size £800m / £16m value to what Apollon has)
- "Its grow facility in Moncton, New Brunswick, only spans 480,000 square feet"
- Market Cap $1.31B CAD

HEXO Corp: (around 31 times the size £1.02B / £33M value to what Apollon has)
- "Already working with approximately 310,000 square feet of capacity at its Gatineau, Quebec"
- Market cap $1.67B CAD

but then we have the advantage of being farm to fork, producer and seller. Also, as a smaller company we grow quicker??

Any views on this would be greatly appreciated.... please pick apart what I have said/worked out as this info is useful to all of us

OK so I have been playing around in my head with the numbers to work out if this Apollon investment is the saving grace and was worth it:

We have 2.3% of a business valued at £40m, we have 45% of a business that is already revenue generating and has done nothing for us that techincally we have a lot more control over in terms of influence i the company and shareholding

Why is that company worth £40m? How could it be worth £400m in a years time? Is it even worth £4m? How do we know what the company is capable of? Do we know how big its facilities are? Could it produce £100m of product in the next year with a bumper harvest for example?

Has anyone got any info and proof to answer these questions? Im starting to feel like this could be an even worse investment than Afriag SA and we don't even know it yet

Apparently the investment is worth £40m, so why is it worth that? It surely has potential for making a lot more than a million if its worth that

Good point! There is plenty around :-|