Member Info for MCB55

They seem to be on the right track, but it will take a lot of sales/progress to properly back up this mcap/sp, so until that happens we remain somewhat vulnerable to shorters/nervousness. They don't mention any sales numbers yet, because they are not yet significant, it will take covid abating and the roll out over next few months to truly underpin the sp and allow the next leg up! IMHO

When is the CP{R due and/or when is next operational update (end of Q1?) ?

Zoetic are a CBD oil and smokes/chews company listed on the LSE and also on the OTCQ market in US, and have been foe quite awhile!

They will need an independently verified clinical test of a statistical meaningful number (several thousand) before they can confidently state what they already pretty well know (much like he vaccine trials)!

"lets also hope when AS says end of quarter 1...that this timeline is met."

I think he has learnt his lesson, so quite possibly sooner!!

I accept that this is at an early stage of an exciting developing company, but what concerns me a tad about TW's comments are:-
1) Yes we do need to see some substantive sales figures in next 3-6 mths (preferably sooner) to underpin the highish sp.
2) Do are joint CEO's really understand all the corporate governance requirements of a listed company (patently Syme didn't !).
Have enjoyed the ride so far, but substantive evidence is now needed before the next leg up. IMHO

Just listened to John Storey, he is certainly very bullish on Zoe, especially in the 2-3 year timescale!

Looking too far ahead, any profit generated will / should be re-invested into the company for growth, that is to advertise/promote, reinforce supply chain, build a solid team, open new markets, etc.

Mid price now 0.645

And save on stamp duty!

He probably was under pressure from his Mrs to get into a new house by Xmas!!

Zak Mir suggests that if sp can break above 5.4p then it could head up to 10+p in 1-2 mths!

BSF, No offence taken, just happy to see all singing from the same hymn sheet!

Zak Mir on Bulletin Board Heroes suggests that Zoe headed towards sp £1.2 by end next month and even maybe by end this month!

Oh very good thanks!
Can you post the tweet?

Why don’t you send off these links to our joint CEO’s and ask if they aware!?

DC,
Agree with most of what you say, but regarding the BOD recommending or not say a 12p bid......I .agree they would not.......so the only possible successful bid would be a hostile one with the backing of shareholders (if they can find enough for a majority at an EGM!?).

Dive centre,
My main point was to debunk 50p takeover claims! I agree that there is unlikely to be many shareholders support a bid under 10p, however it wouldn’t have to be much more to get get a good backing! Of course it could end up as a bidding war and bid go up to say 15 to 20p.
However, overall any interested parties I think will stand back and see what happens over next 6-12 mths and hope that a lot of derisking goes on, then they might nibble!? Right now would be too much of a gamble, too much uncertainty, imho.

A hostile takeover could be sp plus 50% (say), all the prospective bidder needs to do is to get a majority of shareholders in favour and call an EGM! The BOD doesn't decide they can only recommend for or against, its the shareholders that count!!
So any such bidder would probably require at least one big shareholder/institution (Kerogen say) and a bunch of PI's!

Given the good news of today, its about time that US investors got excited, then we would really take off! I trust that our joint CEO's are presenting to US investors and there will be a major advertising campaign on roll out to AATC stores!?