George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
This Years AGM (not GM)
Our Articles of Association (Page 40 Rule 71.1) “Retirement of Directors by Rotation”
“Each Director shall retire from office at the third annual general meeting after the annual general meeting (as the case may be) at which he was previously appointed.”
If Mr J Swan had not submitted his Requisition Letter last week, and had waited until this year’s AGM, then he could have voted then to not re-elect Taylor & Russo. (They were last appointed on 30th September 2021)
I don’t know why Mr J Swan could not wait another 6 months but because he moved last week dirty tricks are being played out by the instigators of the malicious regulatory concerns.
We can all speculate what the “Insider Information” could be but its ignorance by the instigators. Callum is an honourable CEO who has always had shareholders at the forefront of everything that he does.
There have been numerous Interviews, videos, tweets & RNS’s and I am 100% that Callum will be fully exonerated.
Taylor & Russo should realise it is Callum that turned around our Company and he has the vision, determination & stamina to ensure that Chill Brands is a successful Company under his Leadership.
I will be voting to remove Taylor & Russo because they are hiding something that they do not want ordinary shareholders to know.
Can any of the dozens of Trolls articulate anything of value enhancing that Taylor & Russo have done for Chill Brands?
RKB
PS One large value destruction that Joint CEO’s Taylor & Russo achieved was the silly financing agreement with LDA Capital. You will recall they put in place a £35 million facility over 36 months which was terminated only two months later at a cost of £6 million to us. Taylor & Russo should have been fired in my opinion for this fiasco and if they think they can continue to con ordinary shareholders they are not as clever as they think they are.
Let that sink in, two months and it cost us £6 million. Pack your bags now before you are voted off the Board.
Share Talk Article
Chill Brands Group (CHLL) announced the appointment of Fieldfisher LLP to conduct an investigation after allegations were raised around the use of inside information. The Company will be engaging with relevant authorities, including the Financial Conduct Authority, and the investigation’s findings will be reported in due course. Callum Sommerton has been suspended as Chief Executive Officer of Chill Brands in connection with these allegations. This suspension does not constitute disciplinary action or a disciplinary penalty and does not imply any assumption that Mr Sommerton is guilty of any misconduct or that any decision has been made. The process of appointing an interim Chief Executive Officer is underway, and it is a shame the outgoing one has not stayed for the big reveal on vape sales.
Comment: Yesterday’s “Week In Small Caps” referred to the concept of judging a company by the service providers it keeps, management experience, ability to fund. Going by the wording of the RNS itself, with no wrong doing there should logically be no need for a new “interim” CEO. Referring to a comment posted on X today regarding CHLL, it is difficult to think of any newsflow at the company where (positive) inside information would have worked. Of course, front running negative inside information via shorting is practically embraced by the powers that be.
Note above two paragraphs are Copyrighted with Share Talk.
The honourable thing for Taylor & Russo to do would be for them to resign.
RKB
BrewHaHa
Please enlighten me as to when I posted about ARB in January.
To resort to untruths is getting desperate.
Does TW have any contacts in the Venice High Court?
Has TW been to Ondaland?
You and your crew must be using more electricity ticking up your Posts than it would take to mine 1 BTC.
I will leave you with your incontinence pants as you are obviously got a weak bowel with the stuff you are posting.
See you when news arrives.
RKB
PS Hexam you obviously did not read my Post.
Still Long
I note that the Trolls are working overtime (all in vain) as several threads were removed after hours yesterday.
When there is a concerted effort by a concert party(s) in a share they claim not to own, one may question why they spend 24/7 doing (attempting) what they do.
Before I could reply to a question from Silversprings yesterday evening the thread was removed, why?
Their question was “Jambone – don’t want to pressure on you into breaking any confidences with RKB, but anything positive from him, is he still holding long here?”
I posted recently requesting Jambone to contact me (by phone) and someone said I could have just contacted him on Telegram. I am not on Telegram, and I talk on the phone regularly with Jambone. I also added recently.
I posted that request in the hope that some of the Trolls would do some proper research. They may have done recent research and if they have, they will disappear (in my opinion)
For the Record, FG and our team of twenty experts are working 24/7 and they will communicate when they have something concrete.
RKB
PS When does that Water Park open? Are the owners changing?
PPS AimHigherStill You are so wrong you obviously do not look at the daily trades. Please go back in your box. Are you going to report this Post for interfering with your agenda? 8am Tick Tock Tick Tock time is getting close to the bell.
Major shareholder
Our largest shareholder, Johnathan Swan now has just over 68 million shares (as per today’s RNS) which is about 13.45%
Originally Johnathan Swan had 29 million shares then in January 2024 and on the 26th of January 2024 he capitalised / converted his “Inventory Debt Finance” of £1.2 million into 32 million shares at 3.75p.
So, on the 26th January Johnathan Swan had 61 million shares and then on the 31st January 2024 he increased this to just over 68 million shares.
This was an increase of over 7 million in late January 2024.
Now you may recall that in late January 2024 the Government proposed to introduce legislation to ban disposable vapes. There was a concerted effort by mainstream media (most notably the BBC) that Johnathan Swan chose to chill and buy over 7 million additional shares.
RKB
PS I would have thought Johnathan Swan would have adhered to the FCA Regulations and notified Chill Brands Plc within the stipulated timeframe, but for whatever reason he chose to ignore the FCA Rules.
Good evening Jambone
Are you free for a chat tomorrow later morning?
RKB
Hello Testing321
Good to hear from you.
No, I am not back in. No funds at present as ironically, I have been moving away from AIM back to “dividend payers.”
I do like Rupert, one of the best Directors on AIM in my opinion.
I hope to be fully out of AIM later this year, too many nutters Posting on shares that they say they do not own but you don’t see the same idiots Posting on the likes of LLOY or LGEN.
LSE South East have messed-up the Bulletin Boards with multiple adverts and permitting the Trolls to spam constantly.
I wish you well and all LTH of Primorus well.
RKB
Engage Technology Partners
On Companies House there are two important documents that you may want to peruse.
7th Feb 2024 Resolution of Allotment of Securities
11th Apr 2024 Statement of Capital
On 12th March there were three batches of Shares Allocated
855,647
837,423
937,369
Total: 2,630,439
You may want to investigate why these shares were issued at the price they were issued at.
RKB
On my laptop, there is an Artificial Intelligence BoT.
All LTH of Chill Brand Shares are aware of the potential of our Nicotine Free Vapes but the Market Makers continue to “hold” our share price down and continually use “SINT” Trades for their own ends.
I typed into the Artificial Intelligence BoT the question “what is the market size of zero nicotine vapes?”
The response was:
The market for zero-nicotine vapes has been evolving, and recent developments indicate significant interest in this segment. Let’s explore the current landscape:
1. Chill Brands in the UK:
o Chill Brands, a producer and distributor of CBD and tobacco alternatives, has entered into a contract with the Vaping Group to launch its range of nicotine-free vapor products in the UK market.
o The Vaping Group has a strong presence in hundreds of UK vapor stores and access to tens of thousands of independent convenience stores.
o Chill Brands aims to improve its commercial prospects and the near-term performance of its nicotine-free vapor products through this partnership.
o Once established in the UK, the Vaping Group plans to introduce the brand to the European market, which is currently worth £8 billion.
o UK sales of Chill Brands’ vapor products are expected to commence during summer 2023.
o The expanded product range includes disposable devices with higher “puff counts” than nicotine products limited by tobacco restrictions1.
2. Global E-Cigarette and Vape Market:
o The global e-cigarette and vape market was valued at USD 28.17 billion in 2023.
o It is projected to grow at a compound annual growth rate (CAGR) of 30.6% from 2023 to 20302.
3. High-Nicotine E-Cigarettes Dominance:
o Between 2017 and 2022, sales of disposable e-cigarettes with over 5% nicotine rose from 0% to over 90% of the market share.
o Pre-filled cartridges increased from 8% to 74%.
o However, products with less than 1% nicotine strength, including zero-nicotine products, accounted for less than 0.1% of sales3.
In summary, while high-nicotine e-cigarettes dominate the market, there is growing interest in nicotine-free alternatives. Chill Brands’ entry into the UK market and the overall global growth in the e-cigarette and vape industry highlight the significance of this segment12.
Learn more
1 voxmarkets.co.uk2 grandviewresearch.com3 truthinitiative.org4 cannabishealthnews.co.uk5 practiceguides.chambers.com6 cannabishealthnews.co.uk+3 more
RKB
Something is going down in second week of April.
RKB 🐝
Developments in Medical CBD in Germany.
Germany recently passed a law reclassifying medical cannabis as a prescription medication.
Germany is one of the largest markets for Medical Cannabis.
The goal is to make obtaining a prescription for medical cannabis as unbureaucratic as possible.
The regulations aim to improve access for palliative care patients.
The reclassification streamlines the process and aligns medical cannabis with other medications and enhances patient access while ensuring safety and legal compliance.
Northern Leaf cultivates cannabis flower for pharmaceutical, health and wellbeing purposes at its £33m, 100,000sq ft facility on Jersey.
RKB
PS There were no Trades on Aquis yesterday but they decided to mark us down 12.73%!
Video of Northern Leaf Operation
On the Seedrs website, there is a video of the Northern Leaf Operation.
On the link, scroll down past the three photos and click on the 2.35 min video.
From this short video you will see the extend of the Growing & Processing Operation, in a purpose build, first class facility.
https://www.seedrs.com/businesses/voyager-cbd/sections/updates
RKB
Stock Box Media Interview
Nick talks about the reasons behind the merger with Northern Leaf.
There is actually 100,000 ft2 of “state of the art facility” in Jersey in the Channel Islands. Which is used for growing cannabis plants, mainly for medical use.
From an interview Nick gave to the Dundee Courier yesterday it was quoted that “In the UK, there are around 30,000 medical cannabis patients. In Germany, there are around 300,000 medicinal users.”
“Northern Leaf cultivates cannabis flower for pharmaceutical, health and wellbeing purposes at its £33m, 100,000sq ft facility.”
If you DYOR and satisfy yourself that Northern Leaf have spent over £30 million building their facilities and then look at what we are paying in shares, you may conclude that yet again Nick, Eric & Jill have been looking after Voyager shareholders and have managed to secure first class assets at a bargain price.
The merger is structured with the possibility of shareholders in Northern Leaf acquiring additional shares if revenue from Northern Leaf alone over the next 12 months is £5 million or more.
RKB
https://www.youtube.com/watch?v=BGTOAaogSjY
The Grounded Pilot
I note that you have been grounded since December last year. Three months seems a long time away, did mummy take your tablet away from you for not doing as mummy says?
When you are building a Business, you can grow organically or you can acquire other businesses.
Nick has in the past bought assets from a Businesses that went into receivership (at a bargain price)
The recently completed acquisition of Amphora Health will be earnings enhancing immediately.
Nick & the BoD did their due diligence on Northern Leaf and Voyager Life could have waited a little longer and maybe acquired the assets (plant, machines and goodwill etc) for less, but the price we are paying is a fraction of what Northern Leaf will be worth, after it is in our control (along with Frank Walker & Geoff Eyre)
After you have seen the incoming interview with Nick, explaining the rationale behind the merger and the value of the assets you will be amazed.
RKB
PS I see your Atlantic Lithium has been crashing and it appears it is going down without a parachute. Maybe its time to stock-up on VOY.
Proposed merger with Northern Leaf
The Merger would value the enlarged group at in excess of £5 million
Based in Jersey, Channel Islands, Northern Leaf is a cultivator and processor of pharmaceutical-grade medical cannabis flower. The Merger will be effected through the acquisition of the entire issued capital of Northern Leaf in consideration by the issue of new Voyager ordinary shares ("New Voyager Shares"). The transaction will create the first vertically integrated cannabis company in the British Isles with both pharmaceutical and health & wellness operations. From its two bases in Scotland and Jersey, the enlarged group will have multiple revenue streams and will comprise:
100,000 square feet of state-of-the-art indoor growing facilities
GACP and GMP accredited facility
Pharmaceutical customers in the UK and overseas
VoyagerCann's manufacturing facility - both Voyager products and white label
Three consumer brands - Voyager, Ascend Skincare and Infused Amphora
Retail through online portals and Voyager's three own stores
Wholesale of health & wellness products throughout the UK
The fine detail of the exact merger terms are in the RNS and they expect revenue generated no later than 31st March 2025 of between £2 million and £5 million and the terms are structured so as to achieve £5 million.
DYOR
RKB
Completion of Amphora Health Ltd
Nick gave an interview recently about the completion of the Amphora Health Ltd.
This acquisition adds two major things to the Voyager Portfolio.
Vapes
23 Products on the Novel Foods List.
The Vapes are not disposable and having 23 Products listed on the Novel Food List, really expands our product range.
The acquisition cost was £50,000 in shares but we are receiving about £50,000 worth of inventory (which we can sell immediately)
All the Amphora products will be manufactured in our premises in Perth Scotland within a few months.
In the Interview, Nick mentioned that they were recently at the “White Label Expo” and Voyager Life were inundated with enquiries over the two days.
Last week, Voyager Life were at Crufts a 4-day event selling our “Pet Range”.
RKB
https://www.youtube.com/watch?v=-4uQSv4FqBY
Acquisition of Amphora Health Ltd Completed
It has been confirmed that Voyager Life has completed the acquisition of Amphora Health Ltd today.
This purchase, in my opinion was a bargain and it brings a valuable asset into our Company.
“Over the coming months, Voyager expects to commence manufacturing of Amphora branded products, primarily its range of CBD oils and vapour products. The CBD oils are validated on the FSA's novel foods list and vapour products represents a new product listing for Voyager. As previously announced in respect of forthcoming changes in UK legislation, Amphora vapour products are not disposable but are currently sold in cartridges for use with a rechargeable battery. Furthermore, Voyager intends to supply the formula as an e-liquid for customers to refill their preferred vapour products themselves.”
RKB
Third Post Green Line.
RKB
Heading says it all.
RKB
Retort to David Ash
So, you think Chill Brands Plc will struggle against Supreme?
You say you have never looked at Supreme until now?
You think you can post a few throw-away comments and not expect a retort?
Their 88Vapes are the pocket money ones, selling currently online £2.50.
Chill Zero Nicotine Free Vapes are more expensive at about £8.95 for 1500 Puffs.
If / When disposable vapes ban comes in when Legislation is passed, which Company will still be selling their vapes?
RKB