Member Info for Petross

I emailed Zoe about how this would work in practice, and Eric Boyle kindly replied. I asked for permission to share his answers and he said OK.
1. Will the same number of shares be in issue as now?
Yes, there will be no further shares offered or listed at the time of our introduction to the OTC market
2. If US buyers purchase shares will this reduce the available pool for the London market?
Clearly, it is our hope that US investors will acquire shares and so since there are no new shares being created then, initially at least, the existing shares will have to be acquired (indirectly) from the London market
3.Do US buyers buy London listed shares through an OTC broker?
Professional US buyers can buy London-listed shares directly through certain US brokers, but many US private investors do not have access to international markets and so providing an OTC listing will allow the average US private investors access to our shares.
4. Which side of the Atlantic will set the price?
Generally, the market where most shares trade governs the price. One point very much worth mentioning is that US investors - and professional European ones too - will be able to trade up to 21:00 UK time (16:00 NY) in the OTC market. I mention this because if the US quote closes differently from the London close then the London opening could conceivably be quite different to that of the previous London close.
Also mentioned that date not set as yet, but as NT said in recent interview expected shortly.

Considering the potential investor base in the US, even if only a small percentage where interested in ZOE, it could have a significant impact on the available shares. You have got the staff/growers/manufacturers and distributers who all ready know about Zoetic who could be interested and NT did mention (maybe) doing a 'grand' OTC launch/bell ringing etc. Either way, if the US takes even a modest interest, then we might see 10/20/25% of the available share pool go out of circulation. In which case the available 148m shares could shrink rapidly, which might well have a dramatic impact on the SP. Let's hope so!
(I forgot to ask who gets RNS'ed first, but I would imagine it would be us)

Are we listed yet?

https://www.proactiveinvestors.co.uk/companies/news/902293/highlands-natural-resources-changes-name-to-zoetic-international-902293.html

I think some people are losing the plot here with the CBD side at least. Even if the initial retail sales are not spectacular, and they probably won't be, there is still a saleable product in the basic CBD oil.

'Highlands will target a yield of 12 grams of CBD per indoor plant and 30 grams of CBD per outdoor plant. 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.

Highlands plans to grow approximately 40,000 hemp plants per annum in a 33,000 sq ft greenhouse (a minimum of 3 harvests per year is anticipated). The land also includes the ability to grow hemp outside and Highlands has a target to plant 20 acres this year, equating to around 50,000 hemp plants, and rising to 100 acres in 2020 (250,000 hemp plants, one harvest per year). Operating at full capacity in 2020 could see the business harvest approximately 290,000 hemp plants in that year.'

Even at a basic $3 dollars per gram for CBD,...

Indoor crops would yield 480k just CBD oil (each seed plant would obviously be worth considerably more)

Outdoor (currently 20 acres) .. $1.5m as raw CBD oil.

Outdoor 2020 (100 acres 250,000 plants/30grams per plant) @$3.0 per gram a staggering
22.5m! (Hopefully planted with their own feminised seeds, and saving them a small fortune ($250,000) on seed costs.)

I know people scorn the arrangement with the Schraeder convenience stores, but for an emerging CBD play to achieve even that is impressive.

There is the OTC listing coming up which could be positive

There will be some income from retails sales. Plus the HNWI will hopefully use their leverage to improve and speed up the retail side.

In addition you have got the sale of the Oil/Hellium/Carbon/nitrogen etc assets. I know everyone reckons they are worthless, but i doubt they would even put them up for sale if that were the case.

So thing are not as black as some people would make out. But of course...DYOR etc