Member Info for Pictland

Why should the SP rise? The company has no income and are borrowing yet again. Nothing is happening with the mining. The shares in issue is about to increase to over 15 billion! Very few companies have anything like this huge number.

The SP is already much higher than recent months. Until they actually start mining and earning money, then there is no reason for an increase in SP and it doesn't look like anything is going to happen soon.

Why is it taking so long to get the licence and commence mining? Would this be underway already if not for the lockdowns? If the mining doesn't commence soon, are KOD going to run out of cash?

I keep looking at KOD shares and I am tempted to buy some. However, the only thing that worries me is the number of shares in issue. They have a humongous number, well over 12 billion. Most companies don't even remotely have this level of shares. Does that not worry any other investors?

Yeah, the market is heading quickly towards a big correction and it will be shares like Tesla and ARB which will tank. They are ridiculously, no actually ludicrously over valued. Too many current shares (and some about to come to the market) are priced on a dream rather than reality. There is no logic to the demand for their shares. People stupidly lumping on in the hope that they are the next Amazon. You just can't tell some people. It's obvious that the inflated share price for many companies is being fueled by the large number of better off individuals who have been saving small fortunes by working from home and not being able to holiday etc. They have been dabbling in the markets instead. This will be temporary though as the lockdowns start to end. When the market does crash, that's when you want to invest, as there will be many bargains to be had before they inevitably recover to more realistic levels. I can't believe how popular the likes of say Deliveroo shares are forecast to be when they hit the market. They haemorrhage money on every order they receive, yet the backers are only interested in the churn. Hoping that one day in the future they will be the only show in town and they can then raise their charges and try to actually make money. What they forget is that the market won't be there if the cost is increased. There are so many companies like this just now that burn through cash at an alarming rate chasing a dream that will never materialise.

There is no point arguing with some of the clowns on here. Obstando points out basic facts and it is still ignored. Whilst CBX may (or may not) be a success, only hard work and time will tell. Having Beckham as a minor investor will make hee haw difference. Even if he did get involved in any marketing (which he isn't planning to), he wouldn't do it for free and it would have to be along the same lines as models used in perfume campaigns. Not something ridiculous with his mugshot on it (far too gimmicky).

Some people on these forums think the slightest mention of Beckham or CBD and this share should rocket. Absolute nonsense. The general public do not rush out and buy stuff just because Beckham is involved. If it was that easy he would be selling all sorts (not the sweets :). As for CBD, the money will clearly be in the medicinal products. CBX are going to sell COSMETICS! They are not selling anything medicinal and cannot make any claims as such. Their products will be no different from the many which are already on sale and have been for a while, other than that the CBX stuff will be made in a lab rather than being natural.

Before any of the muppets reply with the complete bull about me "obviously trying to deramp" to get more shares at a low price, NOTHING ON THESE FORUMS AFFECTS THE SHARE PRICE, NOTHING. So stop constantly going on about deramping and ramping. You are completely delusional if you think otherwise.

Excellent. I get sick of reading "would of". I can't believe how many people actually think this is correct English. I have even read reports on main websites, like the BBC, where the writer states "would of".

I am sure it is because lots of people say "would've" and it sounds like "would of" and idiots think it is correct English.

Yeah. The current price could be a steal if their plans come to fruition. However, it is still a big if.

The current market cap may only be in the region of £35M, but the shares in issue amount to just under 900M. That is very high for a company in its current position.

Beckham is not involved. He just has an investment in the company. It's not his company. He won't be promoting it.

What, Amazon are placing an order? Or, do you really mean that they will sell the product on Amazon at some point in the future (YES)? Just about everything can be bought on Amazon. It doesn't make any difference. Amazon are not buying the stuff. It is just a shop window. People will only buy if they want it and they can already buy these products. They are not offering anything new.

Nobody should pay any serious attention to messages re the share price predictions. The only thing that really matters long term is that the company starts to do something to generate revenue and profit. Until they do so the share price will fluctuate (sometimes wildly) at a low level. There is no basis for it to rocket at the moment. The crypto stuff is just hot air until they actually set something up

The worst messages I see are those which talk about breaking a specific price target and then somehow by magic this will make the share price leap!

The share price was always going to drop. Normally private investors cannot get involved at the IPO stage. This was a rare event which allowed them to buy at the IPO price. Many of the private investors were only into this one to make a quick and easy buck, which many of them duly did. If you think Cellular will prosper then you must have planned to be in long term, so the current share price is not really relevant.

Unless of course you overpaid on the first day of trading because you believed all the bull and hysteria. Then you will definitely have to stay long term to try and make your money back.

It will be a lengthy journey into an already established and saturated market. They are not offering anything new here, despite what some seem to think. Doesn't mean they can't make a success of it though.

My point was that ARB and CLP are night and day. ARB are excellent at what they do. At the moment, CLP are talking about doing this that and the next thing. They just seem to plod along without actually doing much. Until they actually start seriously mining BTC, then there is no comparison whatsoever. It's like a new mining company starting up and people comparing their share price to Rio Tinto. The CLP share price won't start increasing longer term until they actually have a business which brings in revenue and profit. The value of BTC is pretty much irrelevant if you don't have any.

Personally, I don't see BTC holding the lofty value long term. Blockchain technology is where there is potential, but the current cryptocurrencies are a get rich quick blip as far as I am concerned. Gold will always have value, BTC won't. If (and still very much a big if) the future of transactions is a form of cryptocurrency rather than FIAT currency, then it won't be BTC which is used and it won't be something that fluctuates so wildly in value. BTC may well still be used, but the value just now is purely down to speculation. It will crash and burn at some point in the not too distant future, maybe when the current market bubble bursts even.

I am not convinced that ArtemiC will be a moneyspinner. It sounds like it is just an expensive vitamin type supplement which anyone can copy. Any potential here has to be in medicinal CBD treatments.

ARB has only shot up over the last few months.

I agree re ARB. CLP are not in the same league as ARB. They are probably the best in the business at what they do. Whilst anyone with the funds can look at mining cryptocurrency, it doesn't mean they will automatically become an ARB.

The main thing for increasing the CLP share price is for to them to start generating some revenue. Maybe getting money from a court case is good, but they actually need to start doing something that generates revenue and profit.

The benefits are not proven, they are from in-vitro testing and anecdotal evidence (as stated by Cellular Goods). As far as I am aware they cannot make all of these claims on their products, as they are sold purely for cosmetic use only. They can only use a few of them.

They will only be selling cosmetics. They cannot make any medicinal claims, especially unproven claims.

I have no doubt that if they promote the products well, they can make a success of it. However, this is already a very saturated market and they will be very late to the party so to speak. They may do well and they may bomb, only time will tell.

Some have mentioned possible premium pricing may apply (maybe just their personal opinion rather than being based on any evidence), but I personally doubt there will be much longer term demand for an overpriced product when the market is already flooded with low cost products from reputable manufacturers. If Mr B himself did get involved in any promotional activity I think the average consumer would be disinterested if the products were selling at an inflated price (like the overpriced whisky he is involved with which sells poorly).

It was 13 times oversubscribed because, rarely for an IPO, anyone could get in at the IPO stage. This gave the rare opportunity for private investors to make a quick buck. That's the only reason it was oversubscribed and many of the private investors look to have dumped them for the quick buck. Unfortunately for some, the delay in getting access to the shares has reduced the profit they could have made initially.

Exactly. Some of the nonsense on these forums is comedy gold. The best stuff is the tosh about MM's manipulating the price to fill huge orders for big clients. Also, the complete nonsense about deramping or ramping. The share price isn't affected by small trades.

If this company comes good, it will be very long term. It is already priced at a future value now because of all the hysteria. As one of the analysts also confirmed, it is a saturated market. You can already buy the competitions products. They aren't offering anything new here. Beckham is only in on this one as his business partner (or director) is involved. I doubt he will be the face behind it in any way. Sure he already stated that he wouldn't. Even if he is behind it, that doesn't mean it will be a success. His wife's company has lost shed loads of money every year since it started.

There is nothing to stop this company being a success long term, but it will certainly be tough going. People seem to think whenever CBD is involved that the whole world will be clamouring to buy it. They may do similar to a company like Herbalife (although a different sales model and not quite the same products, not yet anyway, but a similar area of the market), but they took years to grow (41 years) and are only now about three times their IPO price (after nearly 17 years).

If you are going to invest, think about what this company is planning to do and decide if you think they can make a success of it and if you do take the plunge remember it is for the long term. Don't be swayed by the absolute tripe that some of these posters put on hear day after day.

Good luck all. Hope it all goes well.

All very true, but you can buy this stuff elsewhere already. CBX do not have a monopoly on it. Just like you can buy cod liver oil from many sources. They may be the only company for now with the synthetic stuff, but doesn't make it any better. Some people may even prefer natural.