Member Info for Pictland

Hi Callit, CBX do not make CBD. They buy it in from Willow Biosciences, a Canadian company.

Re -R1bobuk - "you have been periodically making negative comments here for quite a number of months now."

I make realistic comments, not spout nonsense like some others on here. Filter me if you don't want to read it.

CBX are doing what they said they would do, maybe a bit slower than they had planned, but there has been a lockdown to contend with. Who says I am not invested? You have no idea.

I hope the company succeeds, but it is definitely a risky investment and it doesn't help with some of the tripe on here ( not saying it is from you) and constant whinging because the SP isn't rocketing. There is no reason why the SP will change much over the next year. The company has no revenue, never mind any actual profit. Sadly, some investors got carried away by the hype, but they don't have to constantly whine because the SP isn't hitting the levels they need to bail out. The SP isn't going to move much for a long time. The only reason it isn't plummeting more is because the bulk of the shares are held by the larger investors and they were locked in. There is little point in them selling just now.

I think around the 2p level, or close to that.

Until the general public start buying the products on a regular basis and the company actually starts to make any money, then why would it be any higher? It's bizarre that some people think the SP should be anywhere near 50p or £1. That this company should have a market cap of between 1/4 to 1/2 of a billion pounds on the basis that they actually launch some products, like doing so is something new and radical. Some people on here are seriously deluded.

Exactly Obstando. I don't get why some on here think there will be or expect an SP rise when CBX finally launch some products. Do they think that actually launching some products is a unique concept? It's not like everyman and his dog are champing at the bit, desperate to part with their hard earned cash for the stuff. Any SP rise in the near future will all be down to hype and will be short lived. The only thing that will boost the SP is substantial sales over a prolonged period and generating large profits and that will take a few years at least, if the stuff doesn't flop. Anyone in here to get rich quick are wasting their time. The way some go on, you would think CBX had discovered the secret to eternal youth. Newsflash, they are not bringing anything new to the market and they don't even own the manufacturing process for the raw material.

I am sure most people on here are not stupid enough to believe what certain people state in their posts, but I wouldn't believe any of those who keep saying they are using the current SP position to average down and claim to be constantly topping up. All very likely to be hogwash!

As probably many have stated before, averaging down is bad investment strategy. It rarely ends well.

CBX is a long term gamble. It may get there in the end, but I think it will be many years if it does.

This ramping and de ramping stuff is absolute nonsense. What we say on here makes heehaw difference. When will people realise that? I didn't realise Erris had a message board. I'll have a look.

I don't know why, but I have a good feeling about the likelihood of finding lots of Gold in the Erris sites near Loch Tay.

I admit I know very little about this company, but from briefly looking over some info on them, they do seem to just include the words which get some investors way too over excited. Blockchain, Graphene, Covid activities, cloud based technology etc. It all sounds exciting, but seems to lead to nothing.

I have mentioned Love Hemp previously as a guide to how this share should be judged. As Obstando (one of the few who talk sense here) states, you see the efforts they have put in and how they are performing as a result.

The only thing which will boost the SP (other than hype) will be the release of solid sales and profit figures and that is a long way off.

There is no justifiable reason why the CBX SP should increase by 300-400% just because they launch some products for the first time. It will be more likely that the SP will drop if they are late in launching the products.

There isn't a large group of investors out there just desperate to throw cash at CBX on news that they have actually launched some products. Launching products is what they are here to do. It's not some unexpected bonus.

I hope the SP does rise, but as I have said before, it will be a long hard slog and will only happen if the paying public buy the products and repeat buy them. All the razzamatazz in the world won't make a blind bit of difference if the paying public don't take to the products. Again, some people on here seem to think there is a massive queue of people desperately waiting to splash endless sums on CBX products. They might be in for a shock. It's tough out there and this is definitely a risky share.

People who average down (or, should I say, claim to average down) are in most cases pouring more money down the drain. That's a fact. Averaging down is a bad investment move, except on rare occasions. Then again, as I suspect, none of the posters are actually doing this. Just spouting hot air.

LawrenceH.

I am a lot older than you probably think I am. What is it with posters who just think anyone who disagrees with them is some paid troll or snotty kid.

Hi Golf17,

I am genuinely not knocking the company. Just trying to balance the nonsense that is spouted regularly on here.

Yes CBX will be the first with this type of product. It doesn't mean it will be a roaring success. If you look at it objectively, it is basically a lab made artificial process. Who says the paying customer will prefer this to a natural product? Also, the technology isn't even owned by CBX.

Just because CBX imply that the natural method is less pure, doesn't mean it is. Just promotional speal to try and convince people.

Sorry lastofadyinbreed, didn't see your post. I am in for a million (shares). Do you believe me? Seems some people believe what suits on here anyway.

Paid troll! Laughable. You obviously believe some of the nonsense that is posted. Beckham isn't worth anywhere near $1b and the money he earns each year (about £15m to £20m) comes from endorsements. Not from shrewd business deals. Don't get me wrong, I like the guy and would happily be in his position. It's easy money and it's easy to make money when you have millions in the bank.

Anyone who thinks the CBX SP is going to rocket upwards in the short term is deluded. It will be a hard slog in a tough competitive market. There is no reason why this share will suddenly transform. They are not in the business of discovering a new oil field or a huge gold deposit.

As already mentioned below, DB isn't worth anywhere near £1 billion. As for seriously clever, he is simply a wealthy ex footballer. It's a piece of pxxx to make money when you have bucket loads. He doesn't use any brains. If he did, he wouldn't throw good money down the drain keeping his wife's pretend business afloat. The people he pays to look after his money do the hard work. Most of his income comes from endorsements anyway. His investment in CBX is small change for him and he is probably only invested as a favour to Gardner.

Not that he is promoting CBX, but if he did and I don't believe he will, not everything he promotes is successful. Haig whisky is a partnership between Diageo and him and it's not doing well.

So much over the top nonsense spouted about CBX. So far from reality. If it's a success, it will be a long hard grind to get there.

The Beckham's are not anywhere near as influential as some people think they are. In fact Posh isn't remotely influential. She runs a failed vanity project for a living.

Re "...there is absolutely no justifiable reason for the massive drop to near IPO levels..."

There is every justifiable reason. The inflated SP after the shares started trading was all based on hype and the almost one-off situation whereby private investors were able to invest pre IPO. People invested to make a quick buck..

The SP now is a more realistic level. You are dreaming if you think it should be in much higher double figures. You should step back and have a look at what this company plans to do. It's nothing new, nothing original, nothing unique and in an already saturated (possibly even fadish) market.

What's to stop the larger tied in investors from bailing when their tied in period expires? If the SP stays at this level, they will have made approx 50% return in a relatively short time.

Mister E

Re- "...QBT is a leader in developing new and disruptive approaches to blockchain technology – an important innovation with the power to change the world.”

Based on what? Absolute nonsense. They are a leader in hot air, that's all. I hope something positive happens, sooner rather than later, but they do nothing better than anyone. They are certainly a leader in doing nothing constructive.

I hate to mention it, but FG and this company have been talking about mining BTC for over 3 years. Still nothing happening. Doesn't sound like an expert in this field to me, but no doubt the usual posts will continue to appear daily informing us about the current BTC price and how the SP will rocket soon. Meanwhile, everyone else into mining crypto is making a small fortune before the bubble bursts.

I think mcap of about £70m is likely, but this will be based on more hype. They are only due to launch a few products later in the year. The nonsense about the SP hitting 50p or £1 seems to have faded and now the optimistic posters are talking about double digits. Changed days.

There is no reason why this share should rocket in value. If they can sell the products over the longer term on a regular basis (remember, in an already saturated market), then and only then will the SP start to move upwards, but I think it will take years of hard work to establish success. It doesn't matter how good the background team are if the public don't buy the products on a regular basis.

I hope the SP does rise, but the IPO was a freak situation, because the general public were able to buy at the IPO. This never really happens and everyone was trying to get some to dump them at an inflated price after the initial listing.