Member Info for obstando

dan - the company currently has 487M shares in issue but there are warrants outstanding. No-one here likes to talk about it and I'll get shouted down again for mentioning it. Despite what some say here there will be at least one placing to come but the size of the placing is unknown. The company issued the last tranche of shares to clear debt. The next placing should be to fund the roll-outs that have been talked about (Japan, Thailand and US) along with marketing, distribution, regulatory approval and re-branding. In my opinion that will take a lot of funding and I am surprised that people are claiming they will attempt to do that on various fronts when the company have not been trading at a profit n the UK. One target at a time may be more prudent. I have been accused of being an idiot for not investing a month or two back but the SP has been in decline despite the news of the UFC deal and I'm not sure what news will come to arrest the decline in the short-term. The cost of the UFC deal won't be cheap and there has been no mention yet of how much it is and how it will be funded. I would love to hear some alternatives opinions but no-one really seems to come up with anything to contradict what I've stated or is prepared to discuss in ad adult manner. The company may do well and I think they are worth keeping an eye on but trading on Aquis is not helping them and talk of moving to the Canadian exchange doesn't inspire confidence as there are many failed CBD companies littered in the archives of that exchange. Don't let the number of shares be your deciding factor but do as much research as you can - raising funds can be very positive but if it's to clear debt then you need to understand why the debt was there and is it something that will recur. There is a lot of competition in the CBD arena and there's plenty of space for multiple players but those that don't have a solid foundation will struggle.

try asking captain-fanny - he's the man that's done his DD and has all the answers apparently pmsl

Vas - the Chill products aren't available in the UK or EU yet - they are in the process of rolling out so will hopefully be available before long. They are currently on sale in multiple outlets in the US

captain-fanny - not invested at the moment no for the reasons stated.
Care to share your thoughts on the warrants and what size of placings you expect to see and over timescale?
Or would you rather just throw out childish insults?
I know you're in the Telegram group and get most of your information from there - why not ask the question there and come back when you have some thoughts of your own?
On that note you are aware that the guy that runs the telegram group (who kicks out anyone that questions warrants or placings) stated on a public podcast that the CBD market in the UK is seen as a health and lifestyle brand and aimed at the yoga mum type who wants relaxing and reduction of stress and anxiety.
Maybe you would like a go at explaining how that sits with the expensive UFC deal recently signed?
Again I won't expect an answer as you're more concerned with looking clever by coming up with more oh-so-imaginative insults but IF you are invested here you really should be thinking about these things as IF you are invested then these issues will have an impact on your investment.
If you can't sleep tonight I would suggest trying some CBD oils or gummies (you may need to get a responsible adult to buy them for you)

@hilcop yes I have done some due diligence and as I've said before I chose not to invest because there are things happening that will impact the business and the SP and I would like to see how they pan out. The warrants and the upcoming placing(s) will almost certainly take the shares in issue over 1 billion. Because of the roll-outs in Asia and the US and the UFC re-branding, marketing and distribution I expect some serious funding to be required. As I've said before funding/placing is not always a negative as long as the potential benefits are clear and it may stimulate the SP. Until I have some clarity over those issues then my investment decision will not change. Sorry if you think that's stupid but my investments strategies have for the most part worked very well for me over the years and I'm not one for rushing in without the knowledge to make an informed decision especially if I am investing a substantial amount of money. I doubt that anyone will take the time to address those issues in an adult manner and I expect the usual barrage of childish abuse from people here who have a few pounds only invested without being aware of the company fundamentals.

That must be one of the LIFE fanboys who spends his day making up names on the Telegram group. If you check his videos you'll see he's someone that promotes Love Hemp heavily.

@captain-fanny - someone "passed" on the chance to invest? Is there a secret handshake or something or do you have to get some kind of permission from the fanboys before you can buy shares? I seemed to think it was a simple process to buy shares whenever a prospective investor wanted. Maybe the person that "passed" on the chance to invest did well as the SP seems to be on a downward trend

Why do posters get so defensive and refuse to answer the question? It wasn't difficult. The boards are for those that are invested or interested in the company (or are there some special LIFE police that want their own rules?). I know that the telegram group has kicked out anyone that asks difficult questions (warrants, placings, current losses, cost of UFC deal etc) as the herd don't want to hear and refuse to accept what may be coming but the rules here are designed for discussion. If they spend their time giving nicknames to people they don't like then that probably explains why people have invested money without having enough knowledge of the company. You know what they say - a fool and his money etc. All I have asked for here is that the posters who said that the competitors may not comply with the requirements provide some substantiation. If you want to promote the company and encourage investors then why not share who LIFE have used for their Novel Foods application and when it was submitted (I doubt you actually know)? It was a simple question that you have avoided because clearly some people here do have a very different agenda and either don't know the answers or are afraid that it is somehow negative. All I hear is that the company is crazily undervalued yet the SP seems to have been on a downward trend since the UFC deal was announced. I guess some here are just frustrated that the company is treading water while others are doing well and want to take their anger out on anyone that doesn't view the world through the same rose-tinted spectacles.

I believe over 200 applications for Novel Foods approval have been submitted (and the deadline extended because of the numbers) so that should cover anyone currently selling in the UK. I expect that some of them will not get approval but I am intrigued why the comment was made that many of LIFE's competitors won't be able to conform. I would expect alI of the major players to receive approval and would be very surprised if any of them were instructed to remove products from sale. The only one I knows that has received approval to date is Pureis but there may well be more.

I believe over 200 applications for Novel Foods approval have been submitted (and the deadline extended because of the numbers) so that should cover anyone currently selling in the UK. I expect that some of them will not get approval but I am intrigued why the comment was made that many of LIFE's competitors won't be able to conform. I would expect alI of the major players to receive approval and would be very surprised if any of them were instructed to remove products from sale. The only one I knows that has received approval to date is Pureis but there may well be more.

MRRR - of course it can be today but by the end of the month means any time before midnight tomorrow.

jemg - can you name some of the "many competitors" you refer to? As I stated I know many companies that have submitted for novel foods but only one to date that has been confirmed. If you have more information please share.

von - the board is not for investing advice which is actually what you are asking for. We CANNOT advise you as it's your money and your risk and our views are our own. The fact that we are invested here should give you an idea of what we think.

robsaunders - why do you say many of their competitors will not be able to conform?
To date I only know of one company that has received approval and most are still waiting to hear

von - we all have different risk profiles so basically it's your money and your choice. If the company doesn't meet your expectations or risk profile then you can sell up and move on - no-one is stopping you. Nobody here can give you any guarantees of success or where the SP will be in 3 months time.

vascular - I would strongly recommend googling the John Story interview on VOX as he raised the comparison to Fevertree. If you think it's rampy then do some research on John as he likes to put his money where his mouth is!

@peakhope - I think you need a new calculator

As we've hit the top riser board we can now expect an influx of unicorn chasers and numpties

@Yolo There aren't many shares that will return a multi-bagger in a few months so it's more a question of managing your expectations and not panicking. Nothing has changed here and the research you did when you put your money into the company is still valid (as long as you didn't listen to those people saying 50p by next week). Those that sold initially are mostly the ones that understood the hype would lead to a jump in the SP that would give immediate returns. Those that didn't sell held because in their view the SP would rise significantly once the company has hit their progress targets. When product details/branding are announced, distributor deals revealed and the products go on sale then these milestones should see an uplift in the SP. Until then expect it go trade within a range with rises and falls every few days. Every investor has their own criteria so we cannot advise whether you should buy or sell. If you have a cast-iron cert that will get your losses back then of course the sensible thing would be to sell but if you have one of those crystal balls then please let us know where they are available!

You can phone II and they will be able to sort it