Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
"Following our decision to exit natural resources, we have worked diligently to identify how best to realise the value in this side of our business. We will not rush into any quick or ill-advised sale, but we will develop in the coming months a series of opportunities to realise cash from these assets and reinvest in enhancing our CBD business.''
On 4 September 2019, the Company announced an intention to carry out an orderly sale or closure of its natural resources business. Since that date, the management team have been working to identify the optimum means of generating value from these assets and discussions are already underway with several potential buyers, of which two have already given an indicative price. Any possible sale could be either on an asset by asset basis or as a package of the whole.
Based on the progress of discussions to date and its ongoing review of the business, the Board remains confident that the realisable value of the natural resources business will exceed all known liabilities of the Company, including repayment of the US$500,000 bank facility. Further announcements will be made in the coming months as the structure for the exit is established.
Apologize from all derampers highly expected.
Guys you gave us hell here and spooked many people into selling without any logical reason.
Also last week SP activity - absolute no brainer = 100% dirty manipulation to swoop shares for almost free from those who were afraid of derampers lies...
So first combined sells one after another within 1 hour period. To throw people into despair and trigger stop losses.
And now multiple buys one after another:
15:39 - 03/10 Buy 100000 3.50p £3,500.00
15:36 - 03/10 Buy 100000 3.50p £3,500.00
15:34 - 03/10 Buy 100000 3.50p £3,500.00
And try to say that this share is not manipulated...
I better stop watching this until next RNS.
Spread betting paradise. Sell few shares and drop SP by 10%.
Company in progressing with sales more and more and SP is dropping more and more...
Unless some really bad news hidden - otherwise pure disgusting manipulation to trigger stop loss positions.
Lawrmyer - this is jam tomorrow to you???:
They've got fully grown hemp now.
Indoors at greenhouse:
https://www.instagram.com/p/B21r7TdhXBh/?igshid=t6ucfkll01xs
Outdoor on the field:
https://twitter.com/zoetic_cbd?lang=en
Trading update is soon. From now onwards more and more sales and more contract. Organic Hemp is there, Organic CBD is there and SEEDS! There is no jam = there is only the bright future!
lol
Guys look at: BPC
SP 80% up because they have confirmed that no placing was needed. Reminds you of something ;)?
“Whilst our oil & gas revenues from our East Denver project remain our largest source of income at present, there is every reason to expect that this will change in the coming months as Zoetic continues to grow,” chairman Price said.''
''Last month the firm started selling CBD products in the two countries. It also recently launched a CBD brand called Chilli, which includes hemp flower and CBD infused herbal smokables. Chilli is available in 44 stores and the company expects the brand to be in at least 60 stores by the end of September.''
“In a short space of time, we have developed a vertically integrated CBD business that is now making sales on both sides of the Atlantic. “
+
https://mrcheckout.net/chill-cbd-smokes/
https://leafyquick.com/collections/cbd-oil
https://zoetic.uk.com/
https://twitter.com/zoetic_cbd?lang=en
''Outdoor harvesting is now underway!''
''At Zoetic we do everything from seed to shelf!''
The highest margins frome sells for Zoetic International.
+ listing on the OTC market ASAP
Remember CBD companies in US and Canada are valued in hundreds of millions $.
Insanely low Share Price at the moment. Grab the opportunity while manipulators keep it low and market sleeps!
It is good to know that Zoetic International staff is not reading this board and actually doing their job the right way!
https://mrcheckout.net/chill-cbd-smokes/
https://mrcheckout.net/retail-channel-partners/
substp - wonderful news. Thanks.
Al87 - so you are trying to suggest that new CEO is trying to deceive people???
You don't even know him and he is not long enough a CEO to make such assumptions. You should have stopped these deluded accusations since RiP demise. Unless new CEO is proven otherwise - what you are doing now is extremely vicious.
Al87 - 'Why do you think that clause would be necessary?'
Because of derampers ;) and other SP manipulators.
They can actually try to hold SP at 13p for longer than 6 months ;)
JJAL - CEO wouldn't be buying shares for his own money at 4.6p if there was placing of new shares coming. He bought shares because he knows that it is a very good investment at that level.
So your placing predictions are baseless.
JJAL - ''you really believe monthly over heads are less than this figure and the sales of Zoetic are making up for it.''
YES - actually I do.
''In a short space of time, we have developed a vertically integrated CBD business that is now making sales on both sides of the Atlantic.
Our recent trading has been dominated by our success at Zoetic. We announced the commencement of UK sales last week and, in the US, our Chill brand is currently available in 44 stores and, based on expressions of interest currently received, we expect to be in at least 60 stores by the end of September. In addition, sales of both Chill and Zoetic have begun at LeafyQuick. To date, Chill has been led by our smokables but vapes and chew pouches will be available for sale in the coming weeks
Zoetic International, the London listed natural resources company, is pleased to announce that it has entered into a two-year agreement to provide hemp-derived cannabidiol ("CBD"), grown under quality-controlled conditions, with less than 0.2% Tetrahydrocannabinol ("THC"), to Cellulac plc (9.35% owned by Integumen plc) for conversion to medical grade CBD.
The agreement with Cellulac will provide for the conversion of the CBD, supplied by Zoetic International, into medical-grade CBD and submission of the finished products to Integumen's Labskin test facilities. The CBD will be infused on their Wound pHase and STOER range of wound care and skin care products, providing a vertically integrated farm-to-finished product to meet with the requirements of all parties to the agreement.''
Since its establishment on 1 April this year, our progress at Zoetic has seen us plant hemp indoors and outdoors, commence a seed genetics operation, launch two brands with three websites and online and offline sales. Whilst our oil & gas revenues from our East Denver project remain our largest source of income at present, there is every reason to expect that this will change in the coming months as Zoetic continues to grow.''
https://twitter.com/zoetic_cbd?lang=en
Fill your boots with ridiculously cheap shares - while it's still in option.
JJAL - I said AROUND £200 000
They've got fully grown hemp now.
Indoors at greenhouse:
https://www.instagram.com/p/B21r7TdhXBh/?igshid=t6ucfkll01xs
Outdoor on the field:
https://twitter.com/zoetic_cbd?lang=en
Now they need to harvest that hemp (which they are doing right now!) extract CBD from it (seeds to :)).
Put it into Zoetic bottles and Chill pouches and sell through the shops and online, around the World, with the highest margins possible!
Nice and easy. Nothing to be stressed about. The safest investment at the moment on LSE with ridiculous mcap.
+ a bonus:
14. The company retains interest in oil and gas at East Denver, which is providing the cash to build the CBD business (around £200 000/a month from East Denver wells).
15. Non Hemp related assets on sale now which can fetch substantial amount each!
So fill your boots with ridiculously cheap shares while it's still in option (I did).
Or listen to derampers with some existential issues (or just traders that pretend to be concerned about your 'safety' ;)) and lose the opportunity.
Tick-Tock
Guys there may be more stop loses waiting for you at 3.5p!!!
You need to throw away more of your shares to get those!!!
What are you waiting for!!! Sell more before good news this week!!!
Things are reallly baaaadddd!!!
Only third harvest to be completed!!!
''Outdoor harvesting is now underway!''
https://twitter.com/zoetic_cbd?lang=en
Things are reallly badd that hemp is just to big to be processed !!! To much CBD to be extracted!!! OMG"!!!!!!!
Lawrmyer - what is your problem here?? RP is gone.
NT did nothing wrong so far. Only good news.
SP is manipulated few shares sold and it drops 20%. Seen that before.
burningspear - trying to trigger some stop loss? Not working. You need to sell more maybe there is another stop loss at 0.35 but you may not have enough shares to drop SP to that level.
Good news really soon. Confirmed!!! So whoever is selling today - hold your pants tight!!!