Member Info for OneStraightGuy1

Now it looks that it was a brilliant move!!!

''The establishment of Zoetic, Highland's wholly owned vertically integrated CBD operation in Colorado, has already seen a successful launch of premium CBD consumer products in a matter of months. In addition, Highlands has also identified higher value opportunities in the supply of quality controlled, hemp-derived CBD, for inclusion in medical devices, cosmeceutical and pharmaceutical products.''

Next year accounts are going to be so so much different in a very positive way off course :)))

Cairn10 - derampers were saying something completely different, on and on.

ProxLDM - I really value your posts. Its is good that you have joined here. Yesterday you have saved some people from losing money.

It was 100% planned action.

Many scared by them people, really sold below 7p and they have made money.

I really hope that my ramping prevented some people from selling.

NT precisely explained that US brokers can't trade HNR shares at the moment due to some international regulation.
Moving to OTC market will allow them to buy HNR shares like their own US listed companies!!!

THIS IS BIG.

From Google:
The United States is approximately 40 times the size of the United Kingdom !!!!!!!

SP below 10p? Not for to long now. Move to OTC will be completed by the end of this Summer. The sooner the better!!!

12:13 - 01/08 Buy 105000 6.50p £6,825.00

WONDERFUL NEWS. SP Drop way overdone.

Sandy_Rivers - It was discussed on this board multiple times before. We were comparing simmilar to HNR hemp companies, based in Us and Canada with their acreage and market valuation. I will dig it out later as it will give me morre ammo for ramping - you can be sure of that ;)

2 large sales 'Absorbed' without further drop in SP.:
10:06 - 01/08 Sell 264729 6.20p £16,413.20
10:06 - 01/08 Sell 262548 6.21p £16,304.23

''Since establishing Zoetic, the Board has evolved its strategy for plants at the indoor growing facility. In addition to growing plants for CBD production, Zoetic also intends to produce feminised hemp seeds for sale to other hemp producers.

A well-managed plant has the potential to produce in excess of 500 seeds. Whilst the growing cycle for seed production is marginally longer, we believe that the controlled conditions in our indoor growing facility, and the supply of Highlands' proprietary nitrogen-hydrogen gaseous fertiliser, has the potential to establish a robust seed-production operation. This provides Zoetic with a significant revenue opportunity. Zoetic's management team is currently working on the most suitable strains of hemp for seed production and we have seven possibilities identified at the current time.

Demand for high quality seeds is very strong as the hemp and CBD industries continue to expand, and it is not unusual for the most sought after seeds to retail at up to $1 each. Seed producers do typically incur costs associated with laboratory testing, storage, seed-broker fees and quality control initiatives and we have conservatively factored these into Zoetic's business plan. We expect to use all of our indoor planting to fulfil our seed strategy although some wholesale CBD may still be produced from the biomass once the seeds have been extracted from the plant.

A seed production strategy has a timing implication on revenue. Growers typically do not purchase seeds until planting time and so, whilst Zoetic's seed production can be carried out all year-round, revenue will be weighted towards the last quarter of our financial year. Nevertheless the upside that this strategy could provide us outweighs other timing considerations.''

And some figures for Seeds:

10,000 plants (greenhouse) x 3 seasons x 500 seeds = 15,000,000.00 (YES 15 milion seeds !) - in ONE YEAR ONLY!!!

WORST CASE SCENARIO:
15,000,000.00 x $0.50 (per seed) = $7,500,000

BEST CASE SCENARIO:
15,000,000.00 x $1 (per seed) = $15,000,000

Now Dry Facts for current 2019 year only based on data provided by the company:

''Zoetic's core asset is the 33,000 square foot state of the art indoor growing facility which can grow up to 10,000 hemp plants per harvest and with at least three harvests per year.''

30,000 hemp plants from greenhouse (it is total from 3 harvests combined and it might be more as a minimum of 3 harvests per year is anticipated).

''Highlands will target a yield of 12 grams of CBD per indoor plant.''

''In addition, we are growing hemp outside in two fields of 16 acres in total, planted at around 2,500 hemp plants per acre.''
16 x 2500 = 40,000? hemp plants

40,000 hemp plants from outside greenhouse (just from 1 harvest - annually only one harvest possible outdoors),

''We are targeting a yield of 30 grams of CBD per outdoor plant. Estimated wholesale prices are currently at around $3 per gram although, for CBD used in our own retail products, the value to Zoetic will be many times this.''

Estimated wholesale prices are $3 per gram of CBD.

WHOLESALE:
30,000 x 12 = 360,000? (grams of CBD) x $3 = $1,080,000?
40,000 x 30 = 1,200,000(grams of CBD) x $3 = $3,600,000?

TOTAL INCOME: $4,680,000?

Now the BEST CASE SCENARIO FOR THIS YEAR 2019 ONLY:
'''Estimated wholesale prices are $3 per gram although the *****Board believes sales made direct to retail channels could be at a premium of over ***** 5 TIMES THIS******or more'''

DIRECT SALES (US & UK shops + 2 x websites + leafyquick.com):

$4,680,000? x 5 = $23,400,000? - TOTAL INCOME

THIS YEAR 2019 ONLY from the BEST CASE SCENARIO (5 x $3 per gram of CBD and it might be more)

Some people here really don't understand how important is that Cannabis Trial ended with ''surpassing expectations'' + Organic Certificate was granted. We've been waiting for these MASSIVE and GAME CHANGING news for many months.

HNR were just looking for land with normal Nitrogen for their DTU project and they have found a gold mine instead ;)
Organic Nitrogen/Hydrogen - this is something totally unexpected - a gift from the Heavens for HNR :)

Thanks to that success now we have a new lucrative business.

After seeing these numbers can you still trust misleading derampers here on this board?
Are you still going to believe them them when they suggest that things are bad?

The future for HNR is bright.

Figures are based on data provided strictly by the company.

Previous financial year was bad mostly because oil wells were delayed until January. Also plenty of one-off, non repeatable costs.

Current SP is conveniently ignoring all the progress that was made since April onwards - which is really significant. Huge and rapid progress with Hemp business.

1st indoor harvest done or finishing + outdoor hemp crops already grwoing.
Money are growing.
Sales forecasts also look very positive.

These numbers are really real and achievable:

CBD:
Estimated wholesale prices are $3 per gram of CBD.

WHOLESALE:
30,000 x 12 = 360,000? (grams of CBD) x $3 = $1,080,000
40,000 x 30 = 1,200,000(grams of CBD) x $3 = $3,600,000

TOTAL INCOME: $4,680,000

Now the BEST CASE SCENARIO FOR THIS YEAR 2019 ONLY:
'''Estimated wholesale prices are $3 per gram although the *****Board believes sales made direct to retail channels could be at a premium of over ***** 5 TIMES THIS******or more'''

DIRECT SALES (US & UK shops + 2 x websites + leafyquick.com):

$4,680,000 x 5 = $23,400,000 - TOTAL INCOME

SEEDS:
And some figures for Seeds:

10,000 plants (greenhouse) x 3 seasons x 500 seeds = 15,000,000.00 (YES 15 milion seeds !) - in ONE YEAR ONLY!!!

WORST CASE SCENARIO:
15,000,000.00 x $0.50 (per seed) = $7,500,000

BEST CASE SCENARIO:
15,000,000.00 x $1 (per seed) = $15,000,000

+
ED:
June figures for ED - COGCC:
Oil sold 57184, x 0.075 = 4289 HNR barrels. x $59 average oil price June = $ 253,051 - state tax 20% = $ 202,440 oil
Gas sold 130,180 x 0.075 = 9764 HNR mcf x $2.3 average wholesale gas price June. = $22,457 -state tax $17965 gas 202,440 + 17965 = $ 220,405 for HNR
and don’t forget we have to - 7.5% operating cost.

SO hardly anything bad or disastrous as market suggests.

As said before US investors are going to be delighted. Current HNR's SP is going to be a total bargain for them. They know very well that Hemp businesses of this type are valued far higher in US and Canada, sometimes over $100 mln. Anyone can check that with simmilar hemp companies.

Tick-tock. In the time of writing this post HNR's organic hemp both indoor and outdoor is growing nice ;)

It wouldn't be possible without your 'help' and 'commitment' ;)

We need to celebrate ;)

Jbatch - really good post. Yes in China they are censoring the internet and they may be reading what you are saying here xD
Hope they will invest in HNR after reading your posts ;)

No bonus for RP this year and no salaray rise - that this something out of question for what happened with SP recently.

''pointless now as the price of oil is too low. and not looking like it will rise ... infact more the opposite with Brent and WTI in low 60s and 50s it would not be cost effective.'' - so as you can see it was a really good move to go into a different money making business. Diversification is the key. Pity that our market doesn't understand that.

He overdone last year that is a fact. Now it is time for him to show some remorse on AGM.

Well it's better to develop your own self sustainable business that makes sh*t loads of money and makes you and your shareholders happy.
And they are working fast towards that goal now.
Current ass kicking is based on the past, although future looks good :)

Current SP pains me a lot as I used to sell above 10p few shares when needed some extra cash for beer and now I will have to wait some time for recovery. And that depends how fast new hemp business will progress + market sentiment.
Also really hope that OTC listing will achieve what they are expecting:
''It's a facility to enable international investors to get involved in Highlands. Other companies found when they've done this, the liquidity in their company has gone up, as suppose you can expect that as you let yourself to the wider market. Plus to say we know that we have interest from people in US and the OCT listing is what is the way of achieving that.''

Al87 - you can't say that they are skiving. They are getting more and more shops in US + UK now. Expanding to Texas and God knows what else. They are quite busy now. If RP will tell us that he is not going to take any bonuses this year to show that he feels sorry then I can forgive him.

To be honest I think that they are more desperate for success than ever before - especially now that they can clearly see that market is mad at them. BOD got much more to lose than us ;) And I do believe that they would like to run profitable business that is generating loads of money and to be loved by shareholders for delivering shareholders value :) and not hated by them ;)

Repeatable expenses :
Total remuneration by 31 March 2019:
For all employees: £1,133,889
For directors: £547,546

Total: £1,681,435?

+ 7.5% operation costs for ED
+ some operation costs for new hemp business

Hardly killing expenses. Comparing to incoming income from CBD + Seeds sales + ED oil.

Way overdone drop.

As said before US investors are going to be delighted. Current HNR's SP is going to be a total bargain for them. They know very well that Hemp businesses of this type are valued far higher in US and Canada, sometimes over $100 mln. Anyone can check that with simmilar hemp companies.

chrishutch - ''but story post April not changed where this reached 12p.'' - exactly - precisely nothing has changed at all. Maybe a little disppointment with no Nitrogen sales so far.

So based on the same circumstances SP was 12p and now is 6p... xD

chrishutch - you see yourself that SP was already 12p this year based on the same circumstances - or even before Chill and Zoetic sales started.

Nothing change for potential income from CBD + Seeds sales NOTHING but SP!