Member Info for Pictland

ABG already have a significant involvement in Canabis products. They have a partnership deal with Tilray (largest Canabis company in the world, based in Canada, who sell a wide range of product types) and are just waiting on regulatory changes to push more of their products in the US. They also have another deal with Better Choice (Elvis branded animal CBD products (ABG own the image rights to Elvis, as well as some other celebs)). They also own Tapout (a large US sportswear company) which also offers some of their own branded CBD sports products.

If the deal for a controlling stake in DBV does go ahead (only talk just now), then I would think it is more likely that ABG would, as some have suggested, would sell the CBX shares for a profit on the original investment. They will not be looking to buy into DBV for the CBX investment. If they were interested in CBX, they would have just invested in them direct (much cheaper option). They will be looking to make money promoting DB in the US and some of the brands he partners with, as he hasn't managed to crack the US market yet, partly because a lot of Americans have no idea who he is. It's a gamble, but if it is going to be a success, then they are the people most likely to make it one.

Someone mentioned the Haig Club which DB promotes. He earns money promoting it. Unless CBX are going to pay DB, he isn't going to promote their products.

I know you did Gazzleberry, but I think some of the stuff might be classed as natural now. Although, what is natural depends on what country are in. Sure the definition is different on the USA.

R1bobuk, you sound like you are describing yourself and a few others with your rant. I think you should maybe take a break from these forums if you don't like reading realistic posts. Go and live in your filtered world.

Gazzleberry, if they are made from natural ingredients then they are. If any of the ingredients were made in a lab or similar rather than being produced from fruit etc., then you can't call it natural. That's why you see more and more products in recent years stating that they use natural flavourings etc. Or, stating that they have no artificial additives.

R1bobuk. Glad you missed me. I see you are still calling anyone who differs in opinion as a troll, lowlife etc. Most of what I have said has been fairly accurate so far, unlike some on here, but hey, you keep twisting it to suit your own agenda. I thought you were in your own little filtered community, so you hide from reality and anyone who disagrees with you?

What's wrong? Did you buy in at the hyped up price? Still not accepting that it will be a long time before you get in profit again?

I get that some people are frustrated by the SP level. However, the board of CBX are there to try and make the company successful. That's the main focus for them. Their focus is not just to get a quick and rapid SP rise because some investors stupidly got caught out by all the hype and want their money back.

The SP is at the level it should be. The company and the products are pretty much unknown in terms of the general public and until CBX have excellent sales (and profits) longer term, then there is no reason for the SP to move much higher. The recent SP climb into double figures and subsequent drop was nothing unexpected. People buying in hoping the SP would surge around launch so that they could make a quick buck and that's exactly what happened. Where are all the posters who kept saying "25p by Christmas" and "50p by early next year" and "go stratospheric if DB or VB mention it on social media"?

The SP is NOT going to hit those levels (or anything close to it) until CBX can show that sales are high and are sustained. Some claim to be in it for the long term, but they are on this forum almost every day whining about the SP and how the company needs to do this and that to boost it. If you are truly in it for the long term, you wouldn't be on here 24/7 watching every movement of the SP and commenting on it.

Dodge1029,

Re natural or synthetic. It can only be classed as natural if it is created by nature, not created in a lab by a chemist etc. Also, CBX had every intention to set up a canabis growing site. Has that changed somewhere along the line?

Hi Antanatar,

CBX cannot afford DB for promotion work. That's how he makes his money, from endorsements and he isn't cheap. I very much doubt he would do it for free just because he is invested. Remember, as long as the SP is at least 5p then DB hasn't lost anything.

Reality finally hitting home for some of the posters on here. Months and months of absolute drivel about how the SP would rocket and never be below X amount again. All based on nothing. Or how DB or VB are so influential and it will go stratospheric if either of them mention it in a social media post.

I thought the SP might have gone a bit higher before it crashed, but it was never going anywhere near the levels spouted regularly by some. The only thing that will improve the SP is high and sustained sales levels and at the moment that looks highly unlikely. The brand is unknown, the products are over priced and the service is woeful from what some are saying.

I am not sure the average consumer would care if it's CBD or CBG, or even know the difference Cupid. Some of course will, but I doubt there will be many, or enough to make a difference. It will definitely come down to price and how well the brand is promoted and how easy it is to buy.

Our local Asda has just created shelf space for Vitality products. Full range on offer in store.

Every time the court hearing approaches, some investors start foaming at the mouth and then they claim it is a sure thing that it will be settled out of court.

The court hearing is a distraction. I am more interested in how we get the improvements (from the patents) into the marketplace and make money from them. Or, will we keep the knowledge and use it to mine crypto ourselves? When either happens, then the SP will move upwards.

BC2021 - don't pay any attention to the nonsense about 'resistance at x.xxp' There is no such thing. Some people like to try and use charts to predict SP movement. It's hogwash. If it was that easy, everyone would be a millionaire. In general (hype aside), people buy and SP rises, people sell and SP drops. It's simple. You either invest because you have done your homework on the company and it looks promising, or you go on a hunch. You will regularly see comments about an SP having some imaginary resistance point and how it will surge if it breaks through this imaginary price. It's all tosh.

I think the SP may climb to around the 15p mark as products start to go on sale, maybe even 20p on hype, but after that it will all come down to whether or not Mr and Mrs public are interested enough to buy the products and then repeat buy. If it doesn't look like there is much demand, then investors who got in over recent months will dump the shares for a good profit. Some of the major shareholders may dump them as well, as they were in at 5p. If that happens, then the SP will plunge and it will be a long and arduous road over a number of years for the SP to get anywhere near some of the predictions on here and as I have said before, it will only happen if the public buy the stuff. How the company markets the products will be key, as the general public (with the exception of investors here) have never heard of cellular goods (or whatever the brand name will be). No amount of social media posts from DB will make any significant difference either. He isn't anywhere near as influential as some make out. It's all down to Joe Public handing over their hard earned cash on a regular basis, but they won't do it if they don't know the brand exists and they won't do it if it's overpriced, as some of the current competitors are finding out.

I think a lot of the investors who have recently bought in (maybe not those on these forums) are doing so to dump these for a good profit in a month or two.

Good luck to you all anyway, especially you Amran. They should employ you to work for their PR, or maybe you already do.

Not at all ill educated CostaMooney. Of course, if the value of gold increases then an equipment supplier may see more demand for their products, but the SP of their company does not rocket because of this. It may rise over a period of time, but it will not rocket to the moon, like some still seem to think.

Again, not saying you believe this, but some still keep harping on about it. There is NO correlation between QBT's SP and the value of BTC.

I am more interested in how they plan to get the ASIC improvement to the marketplace. Achieving success with this is the only way they will start to generate revenue, unless they start crypto mining themselves. Unfortunately this company, under various guises, has spent over 20 years faffing about with little end product. Hopefully this is a turning point, but you can understand why some people get sceptical.

Maybe a silly question, but I assume a patent only applies in the country where the application is made. Would that be correct?

Thanks FigTree.

Exactly oilboil. Nothing on here makes any difference to the SP. Some (still too many) on these forums still don't seem to register that.

Yeah Suthy, but the gold market is worth billions. That doesn't mean every gold prospector is a sure thing. Also, the ARB value rocketed because they mine crypto's and stated how many BTC they were mining as the BTC value was increasing. QBT don't mine anything.

The value of BTC also has no bearing on the QBT SP. If I supply some gold mining equipment, my company's SP does not leap up when the value of gold increases. No difference here.

Keep seeing mention of ARB. Unless anything has suddenly changed here, we still don't mine any crypto's, so the comparison to ARB is pointless.

Anyone know if and when the patent application is likely to succeed? I thought it takes close to 2 years to push a patent through. Also, how are QBT likely to take it to market? Do we have any expertise in the commercial side?