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Little Acorns
Mighty Oaks grow from little acorns.
Sometimes small and modest things can become very large and impressive things with time.
If Chill Brands were not currently listed on the Main Market of LSE and put forward a business plan today, what would the IPO Document say?
No Debt
Current shares on IPO 287,615,305
Loan Note Shares to be issued with Prospectus 145,833,500
Open Offer Shares to be issued with Prospectus 8,841,725
Inventories as at 31/03/23 £464,028
Trade & other Receivables as at 31/03/23 £447,367
Ownership of Chill.com domain name valued at £1,209,424
Cash in Bank as at 31/03/23 £3,767,426
We are not going for an IPO, we are listed on the Main Market and we have just launched our nicotine free vapes with 1500 & 3000 puffs. A classy product that is being rolled out in the UK and now availed on our website.
https://chill.com/
Our Domain Website is a Market Place for other products which are not only sold in the UK but also the USA.
Our current Market Capt. is about £14 million.
In my opinion our Market Capt. will grow into a Mighty Oak and will be head and shoulders above our peer group.
RKB
Good morning Villagepidgeon
I believe that it is the only way to ensure that our Vape devices are not inadvertently purchased by under-age children (that the Vape website is only for Businesses to order our Vape Products)
When “Vapers” realise that they can get either 1500 or 3000 puffs, it will not be long before we are a household name in the Vaping Community.
The Trolls are (were) only here to distract weak holders as they know that Chill Brands have a winning Vape Device.
RKB
Vape Retail
When our Vapes are released they will be:
Cherry 1500 & 3000
Watermelon 1500 & 3000
Lemon 1500 & 3000
Blueberry 1500 & 3000
Blue Razz 1500 & 3000
The Vape Retail website is not for ordinary customers, it is for Shops. You must have a Business to Register for access to purchase Vapes.
RKB
PS The presentation of the Website is impressive.
From 2023 Accounts
We have already taken strides towards making a success of our newly launched nicotine-free vapour products and anticipate that sales of this range will rapidly become the Group’s primary source of revenue. When combined with the magnetism of our brand, we expect these products to gain traction in the market through multiple points of distribution in the UK, US and beyond.
In the US our dedicated sales agents have been actively introducing our vapour products to a wide range of potential stockists and we look forward to sharing further updates on sales to retail stores and distributors in the near future. The feedback we have received both from early adopters and market research has been overwhelmingly positive, reinforcing our belief in the potential success of our products. Few competitors have adjusted their focus to nicotinefree devices and there remains a niche available for us to occupy as a leading brand within this category.
As announced in May 2023, the Company has also entered into an agreement with The Vaping Group to act as its sales and distribution agent in the UK. We continue to draw on the expansive network and extensive industry expertise of our new partners with whom we are executing a comprehensive go-to-market strategy that is intended to result in sales of Chill Zero vapour products to large retailers, category-specific chains, and independent outlets across the country. From these foundations we expect further growth into the burgeoning European and Middle Eastern markets.
RKB
StockBox Interview
Recently Voyager Life have teamed up with StockBox for engaging with Shareholders and potential customers of our Products & Services.
Voyager Life has various aspects to their Business:
Manufacture CBD & Plant-based products
Have two of our Own Brands: Voyager & Ascend Skincare
Voyager is more about Health & Wellness
Ascend Skincare aimed more at the Beauty Market.
Voyager also have three shops: Edinburgh, St Andrews & Dundee.
Voyager sell to other people’s Stores also other people’s on-line Stores & places like Amazon, Ebay etc.
The Unique selling point of Voyager Life is that they manufacture all their own products. (if you watch the interview you will discover the manufacturing cost of one our products)
The fastest part of Voyager’s Business is actuality making products for other people.
We will find out in a few weeks what our Revenue for our Year-end 31/03/23 which the recent presentation on our Website indicates £307,000. https://voyagerlife.uk/wp-content/uploads/2023/07/Voyager-investor-presentation-July-2023-compressed.pdf
There are five contracts that have the potential for just one to exceed the revenue of last year (£300K +) and if you listen to the full StockBox interview it appears that one of these contracts could be imminent. Also in the PDF file above, it says on page 12 that in the 3rd quarter of 2023 (Oct -Dec 2023) “Manufacturing contracts agreed and orders placed”.
In my opinion, it will not be long before Voyager Life is generating revenue of £500K +
RKB
https://www.youtube.com/watch?v=MR2gupM5-Ss
Not IFA Advice
Part 5
I like the genuine Posters on here, get irritated by the Trolls and that is why I limit my Posting.
I have often thought of going over 3% but I keep stopping myself because:
Before the Bond Conversion a 3% Holding was about 32,069,413
Let’s assume that within 4 SIPP’s and 4 ISA’s a family (not necessary mine) has 33 million shares (because they work in concert all their shares are deemed to be one shareholding)
So, 33 million shares would require a TR1 and it would say 3.09% but as our AIM Rule 26 only has 1 decimal point it would say 3.1%
Then after the Bond conversion 33 million shares would require a new TR1 and it would say 2.85% technically 2.8% to one decimal point.
So if a family had not sold but they were less 3% the Trolls would say Mr XYZ has sold out or is selling now and our Bulletin Board would be filled with drivel, like it was yesterday.
RKB
PS Eddie563 can you work out why I cashed in Premium Bonds in February?
To all the Trolls, do as John Sweeney says to Little Putin at the end of his Tweets.
Not IFA Advice
Part 4
When I was an IFA, I used to advise clients to put some money in Premium Bonds. No other IFA’s would recommend Premium Bonds as the IFA would not get any commission.
The reason why I advised Premium Bonds was because you could get access to your money in about 10 days, but it prevented clients accessing the money for holidays or other stuff, they had to wait, and most were happy with their small prizes.
Many years ago, the odds of winning a Premium Bond Prize were 24,000 to 1. I had an endowment mortgage and the endowment matured in 2007 and as most will know that was the year Northern Rock went bust.
The Endowment paid out £57,000 less than it should have but I had already switched to a Repayment Mortgage and the Fix still had one year to go. So, I decided to see if the odds were correct.
I put the money in on the December and your Bonds do not get entered to the prize draw till February and that month we won £50 (that was the minimum prize then I beleive) We won every month except one month but a couple of months we won two prizes. On the 12 month we won £500. So, we were very lucky and the odds were actually better than 24,000 to 1.
Over the years my family have invested in Premium Bonds, until Feb this year when the four of us cashed in most of our Bonds and put the money in to our SIPPS and ISA’s.
Then in April this year we had our new ISA allowance to utilize times four.
So only my family knows what shares we bought with our SIPP’s & ISA’s but I am sure you can work it out.
RKB
Not IFA Advice
Part 3
Tyke asked me yesterday to maybe show proof of my shareholding. As I posted yesterday at 18:59 and I said I would “give some information that will not be too hard for anyone to have a fairly accurate figure for my shareholding.”
The Market Size (thats the number of shares the Market Makers must buy or sell to you at the BID / ASK) is now 200,000.
I did not know it had increased from 150,000 and I must assume it was either after the recent placing or the Bond Conversion. It could be because we are over 1 billion shares now.
Because I thought it was 150,000 I set-up 121 Limit orders on 13/06/23 (I think I checked LSE South East for the Market Size but not sure if I did)
I always use Limit Orders to sell.
Whenever I buy a new share I immediately set-up a Limit Order to sell about 30% or 40% of my shares at +30%. By doing this it takes the emotion out of when to sell.
With QBT (and the old CLP) I have set Limit Orders and often they never get executed, but on 13/06/23 I set-up 121 Limit Orders, all different prices and they go up to in 1p increments like 14p 15p etc up to 30p then it increases by 2p then in the 50p range it goes up in 3p increments.
Now because I thought the Market Size was 150,000 I set my limits at a little less than 150,000 but for ease of calculation say they were all 140,000, then there are 121 limits.
Can the Trolls do the Maths? Bingo there you have it. A number.
Now I said earlier to Tyke that I would share screenshots of my Limit Orders on a DM on Twitter, I have nine screenshots with about 14 Limits in each screenshot.
If all 121 were to be triggered, then I would still have 50% of my shares and I would be a multi-millionaire.
RKB
The PS was omitted from the previous Post.
PS If the Trolls are not able to assimilate that our Bond Holder retained all their 89 million shares then maybe they should just play Bingo (that’s assuming they know how to cross out a number like 1.6p and put not an X but 10P +
Not IFA Advice
Part 2
So, our 89 million shares have not been flipped like some of the trolls were saying recently. From our AIM Rule 26 we have Lynchwood on 11.5% or 133 million.
Why did Lynchwood retain all their 89 million shares that they received at 1p? Do you know who the real beneficial owner of these shares held by BNP Paribas?
If you were a LTH in the old CLP, then you would know that I spoke to a particular person on the morning of an AGM.
99.99% of Posters haven’t got a clue as to who owns these shares, but I believe I know who does.
Most HNW individuals use the same Bank / Nominee Company for their wealth and if you had done the extensive research that I have done you would know a particular person who has a close relationship with BNP Paribas.
This is a quote from Wikipedia “In 2006, BNP Paribas purchased Banca Nazionale del Lavoro (BNL), Italy's sixth-largest bank.”
RKB
Not IFA Advice
Part 1
I did not see anyone comment on AIM Rule 26 being updated (yesterday, even though it says it was updated last Friday)
What was the update? Well, we recently issued 89 million shares on a partial Bond Conversion.
If anyone (IMO) is investing in Shares, they should check all the published information to see if it has an impact on their decision to hold / accumulate / sell.
If our 89 million shares have been “retained” by the Bond Holder, what would that mean for you as a shareholder or potential shareholder?
To assist you: Before Bond Conversion there were 1,068,980,422 shares and the AIM Rule 26 was updated on 9/06/23 to reflect the Placing of 71,428,571 @ 1.4p when we raised £1 million. (Not going to comment on who took part in the placing, but read the last paragraph of the RNS 1/06/23)
Now if you had kept detailed records of the AIM Rule 26 from before the 9/06/23 you may have been able to work-out which (if any) major shareholder increased.
What I can tell you is that the most recent update to AIM Rule 26 our Major shareholders were as follows. Note because we are only given percentages to onw decimal point the numbers are out but just a little. A 0.49% discrepancy would be about 567,410 so technically any major shareholder could have over 500,000 more shares and you would not be aware of it.
HL was 300,383,499 now 309,180,773 increase 8,797,274
Interactive was 138,967,455 now 177,171,005 increase 38,203,550
HSDL was 133,622,553 now 136,641,690 increase 3,019,137
Lynchwood was 43,828,197 now 133,167,749 increase 89,339,551
Eufingest was 86,587,414 now 86,848,532 increase 261,117
Barclays was 58,793,923 now 61,372,962 increase 2,579,039
Lawshare was 48,104,119 now 48,635,178 increase 531,059
Aurora was 34,207,374 now 34,739,413 increase 532,039
FG was 29,290,064 now 29,296,905 increase 6,841
If you double check the above calculations and were aware of previous holdings, then Eufingest, Lawshare, Aurora & FG did not change.
Now if you look at Lynchwood, they increased by 89,339,551 but it is really 89 million (see above re 0.49% = 567,410.
RKB
Good Evening, Tyke
I noticed your post at 14:08 “I believe in the past RKB has provided evidence of his shareholding in QBT. It would be good if he showed evidence of his current shareholding”.
I did in the past, willingly share evidence of my shareholding in the old CLP days when I had 7 million and then 11 million shares.
Unfortunately, there is a so-called friend, who baits me, threatens me, knows my full name and my home address, but he (it’s a he) hides behind his nom-de-plume.
So, what I will do tomorrow is, I will give some information that will not be too hard for anyone to have a fairly accurate figure for my share-holding.
I will also share with you some screenshots, if you DM on twitter, which will hopefully confirm what I will post tomorrow.
The Trolls will be desperate to buy-in and they will, so watch for more buys tomorrow.
RKB
Text to FG
Eddie563
23/07/23 @ 18:30 Good Evening Francesco
I am not able to attend the AGM this year (hopefully next year)
I am not aware of any of my friends attending, hopefully one or two shareholders attend.
I voted for all Resolutions and I am confident all will be past
Best wishes
23/07/23 @ 19:51 Dear RKB, thank you for letting me know, I am sorry you cannot make it. We could have had a coffee together before or after the AGM.
Thank you, also for voting in favour for all Resolutions. Have a nice evening.
Francesco
So Eddie563, if you had thought about the AGM you could have speculated about a possible RNS this morning.
Good luck with the FCA, my texts are available and call log and before you have a bladder accident, I only have one phone, no landline, only one ID.
Eddie563, like the other trolls you are embarrassing yourselves.
RKB
One part of todays RNS that the trolls will have possibly overlooked.
The effective potential area saving of MSFCA is estimated by the Company’s ASIC designer to be around 8% on average.
Let the bit about “by the Company’s ASIC designer” sink in.
RKB
PS Jezconnor, I did not receive news before “The Market”. If you had paid attention or played chess (rather than tiddly winks) you could also have “guessed” there would have been news today to discuss at the AGM.
PPS Eddie563 Good luck with that.
Good Afternoon PAS14
I attend as many AGM’s as possible and Covid-19 restrictions made it more difficult and Mrs Bee is reluctant to travel as often to London, even though we take in a couple of West End Shows.
At one of CLP’s AGM’s I had a private conversation with FG and made certain views known and one of them was the Broker that we had at the time.
FG listened to my concern (it was a concern as this Broker had a habit of “forward selling”)
I do not take credit for this Broker being replaced but FG listened and who knows, others may have had concerns and FG “sorted it”.
In my CBD Company a couple of years ago, during Covid-19 when I was not permitted to attend their AGM, I had what I would describe as a “run-in” with their Financial Advisor PR Company.
I was determined to have this Financial Advisor PR Company removed, and they were.
What many BoD’s forget is that we, the Shareholders own the Company and they manage it on our behalf.
In my opinion, FG has done an excellent job over the past 7 years in keeping our Company alive while we have had basically no income. That is about to change. Our patience will be rewarded.
RKB
PS No intention to Post often as there is no point in upsetting the Green Lines who must be going through many incontinence pads.
AGM
I have voted for all Resolutions.
If you have an account with Hargreaves Lansdown, they have introduced an online option, where you can vote yourself, rather than sending a secure message to HL.
I have family commitments so will not be attending this year.
I would recommend attending AGM’s as this is you (as the owner of the Company) to question the BoD and hold them to account.
You will meet most of the BoD and who knows, you might be able to have a private conversation with FG or even Vladimir Kusznirczuk.
RKB
PS Will there be an RNS on Monday so that there is something to talk about?
Vaping Distribution Information Insight
There was an RNS this morning from Supreme Plc (Lse SUP)
They have a distribution with Elfbar & Lost Mary worth £20 million - £25 million.
RKB
https://www.londonstockexchange.com/news-article/SUP/significant-vaping-distribution-appointment/16027694
New Significant Shareholder
AIM Rule 26 has recently been updated.
There is a new 3.2% shareholder, Aurora Nominees Ltd with just over 34 million shares.
It is significant, in my opinion, that we had a placing about a week before AIM Rule 26 was updated.
On the £1 million placing, there were about 71.4 million shares “placed”.
Our new “Nominee” shareholder took 47.89% of the placing shares, so they paid £478,900.
What price did “someone” pay almost half a million £££££’s for their shares?
1.4p 1.4p 1.4p 1.4p 1.4p 1.4p 1.4p 1.4p 1.4p 1.4p 1.4p 1.4p 1.4p 1.4p 1.4p
RKB
PS Admin obviously did not sanction you for threatening behaviour, so bully wins, this is my final post on QBT.
I am still here.
Kong1, you posted on Thursday asking where I was but previously you told me I was not welcome, you can’t have it both ways, but you probably do and have a sore rectum in the process.
I have not gone away, I did my research, I resolved the £800+ charges that one of our Directors paid for their shares (and if you believe they paid £800 then you are more a fool than I thought you were)
I have a goal as to how many shares I would like to have in my portfolio, and I am still acquiring.
I detect from your verbal diarrhoea that you are under water, that is unfortunate but if you have faith in RS then you will just have to be patient.
I only posted on the Aquis B.B. because I do not want to engage with you while you are so immature.
RKB
PS A good informative update issued yesterday, more news to come I am sure.
Potential Revenue
In the Sunday Roast interview (Season 5 episode 63 just under 19 mins long) Callum alludes to potential revenue from any one of the major supermarkets in the UK, would be
“The key for us is to really nail the distribution, & if we can get just a few of the larger camps, whether that’s supermarkets, or chains of convenience stores, a few things will happen. CHILL getting the distribution rights in the UK let alone US, let alone Europe, let alone the Middle East, will provide revenue that this Company has yet to see in its past.”
“Using a million units of these vapes sold, you are looking at a revenue number that has not been recorded by this Company in the past”
HNR / ZOE / CHLL largest revenue was £2,900,785 in year 2018.
What Callum is alluding to in my opinion is that from the UK sales of Vapes alone we will exceed £3 million.
We will still have our percentage cut from the Brands that are onboarding to our unique website WWW.Chill.Com which again we have an indication could be over 30% from any sales.
When you factor in Vapes in the USA which we were informed of in today’s RNS that Chill Brands Group are able to ship vapes to all 50 US States via their specialist carriers, you can do your own calculations as to what our revenue will be reported in 2023 (many multiples of our previous £2.9 million)
DYOR
RKB
PRN Must Stop
Eddie563, I posted in good faith that we were moving to RNS, you can use “lied” to rub it in, and obviously I will have to take it on the chin. But it gave you your buy-in and a price you required so obviously you will be happy (but still a sad person, in my opinion)
Anyone who had analysed the Annual Accounts, would be aware that we currently have no revenue (that will soon change) and that we have expenses for running the Business.
It is not too difficult to estimate the cash-burn of QBT and to have a rough idea as to when they would need funds.
Would you have preferred me to have not mentioned “RNS” and instead say we “need a placing”? Would that have been better for you to compute? If I had posted about “lack of cash” you would have distorted it to say I had sold and now wanted back in.
You have on numerous occasions accused me of selling on “my ramping” which is not true, and I have asked you to give me dates, but for your own reasons you ignore this request (obviously because I would be able to refute any of your miss-information)
Our Annual Accounts, I believe must be produced by Friday 30th June 2023. If you look at our cash-balance as at 31/12/22 you will be aware that funds would be required at ….. date if the Venice High Court Case has not been collected.
In the Annual Accounts, there are statements about post-year-end events. There have been a few events and today’s event (placing) will be included but when we come to the Interim Results to 30th June 2023 the cash balance will be £1 million + (a few pennies) and this will “flatter” the Interims in preparation for 2023 Annual Accounts which may have income from (well who knows, because nobody does, not even me)
At the time of posting the Bid-Ask was 1.5 – 1.55p
Throughout last month QBT share price spread at the close each day was. 1.45 1.5, 1.45 1.55, 1.45 1.55, 1.45 155,1.4 1.55, 1.6 1.7, 1.75 1.85, 1.55 1.6, 1.55 1.7, 1.5 1.6, 1.45 1.6, 1.43 1.55, 1.4 1.6, 1.4 1.55, 1.4 1.45, 1.5 1.6, 1.5 1.65, 1.9 2.0, 1.9 2.05 & 1.85 2.0
So all the “Ramping” has assisted FG in managing to get a placing away to take us to where we need to be (funded for ….. well read the PRN if you can locate it)
Eddie563 to shut-you-up, I will deist from Posting till QBT issue their News via the reliable RNS service.
RKB
PS Eddie563 why don’t you try to hook-up with LtdAxis? I am sure you would be an ideal couple. Two pees in a pod.