Member Info for Pictland

Hopefully, but all just talk again for now. Nothing actually seems to happen.

I wouldn't call today's price the start. The SP is 10 times what it was in December.

Ah Fujitsu. The company behind the appalling Post Office computer system.

I was waiting until mid April to buy in, but held off. I don't know why, but I still have this nagging feeling that there is nowhere near as much gold as they are expecting. Today's news just increases that nagging feeling.

Sorry. Meant to type Schalf.

You sure about that Shalf?

The guy who co-owned REN before selling to Unilever is probably the most important hire. He took the start-up from nothing to sales of about £40m+ in 15 years before selling out. He will know best how to promote the products.

Not sure what relevance this is goldy7. Completely different 'product' and completely different market.

You may not agree with his views, but you can't dispute what BigjohnnyWin states. CLP have been around in some form for years and never seem to achieve anything significant. Hopefully that changes soon, but their track record is poor.

There are numerous companies and brands (way too many to list) already selling a wide range of CBD products in the UK, from the lower cost options to the premium options. CBX are not bringing anything new to the market and are already way behind the numerous competition. If they are to prosper, it will have to be down to the marketing of the product. Nothing else.

As for the suggestion that they would sell via Sports Direct, that has to be a delayed April Fool, surely (not having a dig here). Sports Direct are a bargain basement store. CBX will have to sell as a premium brand, not in a shop like Sports Direct (who as far as I know do not currently stock any other brands of CBD products).

This share is definitely a big, big gamble and the main gamble being on whether or not CBX can create a premium product range and attract customers with the disposable income to match and sustain the interest. For me, I personally think they will struggle to sustain regular business. These type of products are more fad like. They are popular for a short time until the next wonder product appears. They are not going to compete with the big names in cosmetics and the market they are looking at is already flooded with products which are discounted because the demand isn't anything like as big as some make out. I still think the pet market is the one to aim at. More now than ever, the number of wealthier Boomers with pet dogs in particular is huge. If you can produce a novel product for this market, you will thrive.

After Khashoggi's death, Germany banned military exports to Saudi Arabia in 2018. This meant that BAE could not export the Eurofighter to the Saudi's, as it is part made by the Germans. This resulted in the share price drop at the time.

If you believe the numbers on here, selling 3 times as many as buying. So clearly not what you are saying.

Simple facts :-

CBX's aim is the cosmetic market, not medicinal. They can't claim their products relieve pain.

There are already many products on sale just now which are the same as what CBX will offer. These products are mostly on permanent sale offers, which suggests they are not in big demand. They also look like they are much lower in price than what CBX will offer (just based on the impression that is given by CBX).

Using synthetic CBD will not make the consumer rush to buy the products. In fact, there are customers who will no doubt prefer the natural product.

Re "@iphone respectfully one old point you stated that Mr RKBeekeeper sold all his shares ........how would you know ........that's indicating the chap telling untruths. ( libelous)"

I doubt anyone stating that an anonymous poster on a message board has sold their shares is libelous. You don't even know if it is true or not either. You don't know if most of what is on these boards is true. Anyone can make false claims on here and you wouldn't have the faintest idea if it was true or not unless it is public knowledge.

Nothing on these boards makes the slightest difference to the share price. When will some people register that fact. Most of the nonsense on here is comedy gold. People claiming they are in the know. People claiming someone is a ramper or de-ramper because they don't agree with some fantasy. Stupid cryptic messages.

CLP do have potential, but that is all it is for now. They are seriously slow at doing anything meaningful and spend most of the time talking about what they want to do. It wouldn't surprise me if they flourished, but it also wouldn't surprise me if they bombed and anyone looking at it retrospectively would say all the signs were there.

As for JS, his investment does not guarantee anything. I am sure it was mentioned previously that he has been involved with a number of companies which went pear shaped.

Fingers crossed CLP do get something moving quickly and it does go well, but it is still all just talk at the moment.

I agree. Sure, things don't happen overnight, but CLP are good at talking without any action. As for FG's computing experience/knowledge, if he is as much of an expert as people make out (and I have no reason to doubt it) why has it taken so long to get something in place re the mining? As I mentioned before, he was saying the same stuff over 3 years ago. Also, there are plenty of people who are knowledgeable in computing, but they don't all make fortunes mining cryptocurrency. Again, if he is such an expert, why wasn't he mining BTC himself years ago when you could do it with a run of the mill computer?

At the speed they are going it won't be economic to mine BTC by the time they get round to it. Almost 90% of BTC has already been mined. Also, although some disagree, I don't think BTC will hold any real value in the near future. It is not in any way a realistic form of transacting for the masses, (other cryptocurrencies maybe, but never BTC). Hence, the time to make money from it is now whilst the speculation keeps the value high, because that is all it is, pure speculation. There are other cryptocurrencies out there which are much more fit for purpose.

I think FG is still looking at ways of making money from Blockchain technology rather than mining BTC, but he is not getting any younger. I am sure he is well into his sixties, which isn't a big deal nowadays, but surely he must be giving retirement some consideration.

You would need loads of them to make any difference.

Yeah. 500k shares is loose change here. I wish I had this sort of loose change, but it won't affect the share price.

Bitcoin will flop, sooner rather than later. It will never be a replacement to fiat currency. Other cryptocurrencies maybe, but never bitcoin. Don't be fooled because some bigger investors bought in. It's all speculation. Nothing whatsoever to do with its use as a payment form. Some people are going to lose absolute fortunes because of it. It will be legendary. Good luck to those who make money from it in the short term.

As for Deliveroo, they will never make a profit. They are one of the big dogs for sure, but they are all dogs and all lose money and all need put down. How are they ever going to make money? They are already expensive to use and still haemorrhage money.

Goldman Sachs are a joke too and had to be bailed out like half the others. These guys make easy money in a rigged system and then need to be rescued when they fail miserably.

If you go to YouTube and type in FG's name you can watch an interview with him on Proactive Investors from January 2018. I assume you know what YouTube is, it has only been around a handful of years longer than BTC has.

Using renewable energy isn't anything new either, just because people don't talk about it in the media. Then again, that's about all CLP do, talk.

As for AI, there is no doubt that it will be used more as the years roll on, but the industry will not be using it to model cryptocurrency price movements.