Member Info for OneStraightGuy1

To show us that he feels sorry for what happened with SP he should not be taking any bonuses this year. Next year once hemp business delivers significant income - no problem.

Sandy_Rivers - Pricey was to full of himself back then - was probably thinking that things will go much better than they went ;)

Esski - yes agree Pricey overdone with that bonus last year. It was to soon - it seems that he was to certain about the success at that time. I don't mind if he will pay himself such a bonus next year once income of something like: £10 mln or £20 mln achieved ;) No bonus this year for Pricey ;) Until Hemp business kick-in for good :))

''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

''There have been ad hoc bonus payments made in the year but there is no formal bonus or long-term incentive plan in operation for the Directors.''

Remuneration paid to the Director during the year ended 31 March 2019 was:
R B Price:
Base salary: 221,779 Benefit in kinds: £47,914 Bonus: £147,853 Total: £417,546

*****there is no formal bonus or long-term incentive plan in operation for the Directors.''****

Remuneration paid to the Director during the year ended 31 March 2020 was:
R B Price:
Base salary: £0 Benefit in kinds: £0 Bonus: £0 Total: £0

So now you are happy??? :)))

So we don't know if he is going to ask for any bonus this year. He may not and he shouldn't until Hemp business makes sh* load of money.

Same for placing as we don't know if they may need to do any further placings. If CBD sales and later seeds kicks-in - no need for placings anymore.

I went through all of this:
http://highlandsnr.com/wp-content/uploads/2019/07/Highlands-Natural-Resources-2019-annual-report.pdf

As suspected another scam from derampers here.
There are no plans of any bonus this year so far:
''The current Executive Directors' remuneration comprises a basic fee shich is reviewed annually and which may be taken as salary or pension contribution, plus suitable health insurance provision. There have been ad hoc bonus payments made in the year but there is no formal bonus or long-term incentive plan in operation for the Directors.''

Seriously guys you are playing more and more dirty.
First scaring people with Resolutions 7 & 8 and 100% dilution!!!
And now made up lies about some bonus of £400 000 from your a*se.

Breakdown for 31 March 2019:
R B Price:
Base salary: 221,779 Benefit in kinds: £47,914 Bonus: £147,853 Total: £417,546

So last year there was a bonus of £147,853 for Pricey and no plans so far for any bonus him!!! Your liars!!!

Where we can find details about that bonus? I can't find that on AGM Notice 2019. So were did you find this £400 000 ?

If you can paste here a link or something.

Thanks.

IN US and Canada hemp companies are priced in hundreds of millions $! And here in UK £9.5 mln mcap for the whole company :D

Even at current stage, for prospects, for 2 x top quality brands established in no time, for rapid progress, for hemp that is already growing and harvested SP should be around 20-30mln mcap.

Clearly a British mentality.

Thank God they are growing this in US because here in UK, government would told them to burn their crops because hemp is 'bad' because it's part of the cannabis family !!! :D

HopefulDave - derampers motives are simple. The more people will sell to them below 7p-8p the more easy money they will make.
They are using scare tactics based on obsolete data and ignoring bright future.

Really good note :)

''HNR possesses several additional assets which represent longer term potential including its enhanced oil recovery business, DT Ultravert and a Kansas-based nitrogenhydrogen asset which has exciting potential for agriculture. The group also possesses a Colorado based frack-water treatment business and leases in Montana which could be prospective for natural gas and helium. With activities in East Denver now stabilised following well intervention work by the operator in June and July, we believe that HNR will increasingly focus its cash resources and management time growing Zoetic as it seeks to become a leading premium CBD products business with the prospect of attractive revenue growth in the latter part of the current financial year. ''

''Future revenue growth
For the current year, we note that the CBD business is likely to absorb cash while the company produces early crops and establishes sales from its initial product ranges. However, we expect to see revenue generation accelerate in the second half of the year as products from the first CBD crop feeds into the sales pipeline and the retail sales develop.
We also expect this to be augmented by production from the East Denver Project given that although the field is on natural decline curve, remediation work on existing wells was completed in June. This implies a reduction of operating costs attributable to HNR going forward and a steadying of the income stream from oil and gas sales over the remainder of the current year.''

When this farce will end?

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.

No beer for me until it goes back to at least 10p ;)))

To be honest I am absolutely amazed by all those sales below 7p :)))

What these people think that HNR's Organic Hemp is going to stop growing??? :)) Or that people are not going to buy premium quality organic CBD products on a rapidly growing market?

HopefulDave - sorry didn't know that I just had a look today morning and excitement took over me :) I saw the buy buttons but didn't try them :)

Not long to wait as once listed on OTC market, US investors will see the enormous potential here and they will not wait to long with their buys as they know very well that HEMP COMPANIES IN US AND CANADA ARE VALUED IN HUNDREDS OF MILLIONS!!!

Website is trully impressive :)

You can order WHOLESALE any amount! :)

Once we will have both Chill and Zoetic websites ready - expect RNS full of good news - and most likely more shops with HNR products announced.

6p-7p SP - not for to long now :)))

Remember current SP drop is orchestrated and based on obsolete data from 31 March 2019 before Organic Hemp business even existed!!!

https://www.zoetic.com/products/

https://www.zoetic.com/how-we-grow-learn-about-our-sustainable-hemp-growing-practices-zoetic/

WHOLESALE orders accepted as well: https://www.zoetic.com/contact-copy/.
We Are Pioneers

We are pioneers in hemp cultivation, elevating the standards of the entire CBD industry. We are proud that our CBD products are produced without any chemicals, free of neurotoxins and heavy metals, and produced with natural sunlight and recycled living soil. Read on to learn more about what’s different about our growing process.

Sustainability

Sustainability is one of the central pillars of our values as a company. Everything in our process revolves around the question, “Is this sustainable?” We strive to use local sources for our needs. We prioritize keeping our carbon footprint low.

6p-7p - not for to long now !!!

''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

So yesssss things are realllly badddd !!!
Poverty telling ya poverty!!!

Listen to derampers more!!!

To cut long story short:

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

So yesssss things are realllly badddd !!!
Poverty telling ya poverty!!!

Listen to derampers more!!!

MCB55 - that statement is from the last RNS:

''I would like to thank our shareholders for their continued support. This financial year is one of great opportunity for Highlands as we diversify away from traditional natural resources but into a new industry that is developing fast and one in which we participate with significant strategic advantages.''

At least they have said thank you.