Member Info for Sandy_Rivers

So all your rampers making wild claims about how this is the best company on LSE whilst the share price has been in freefall for 3 years. The below statement is a fact - Nick referred to OTC, he didn't say "No raising, full stop, ever"

OSG you'll notice Nick was very careful in what he said - he said "We don't need to do a fundraise to come onto the OTC, it is simply a listing of our existing shares"

So OSG claiming in this threads name "NT: We don't need to do a fundraise" - but because this is positive this is apparently not manipulative. He didn't specifically say this. Twisting the truth to fit your agenda.
This is the problem with these forums, when things are fine and dandy everybody is happy pumping, but when things go wrong nobody likes to hear it and credible posts are removed.

Do you really think CEOs read BBs like lse? Far too busy thinking of their next plot to raise more money to keep their fat salaries secure.

OSG you'll notice Nick was very careful in what he said - he said "We don't need to do a fundraise to come onto the OTC, it is simply a listing of our existing shares"

So thats fine, no issue of shares to List on the OTC, but this is separate from the fact that they need to raise funds as their cash balances are low - so a raise on LSE it is then.

Seems like you feel differently Rollin? Post your thoughts its an open forum. I'm open to being proved wrong.

Alarming figures are 1.5mil cash at end of march vs admin costs of 5.5mil annually + little revenue currently. I posted something similar to Burning earlier. The company needs to be frantically selling CBD products to stay above water. even if it still had 1.5mil cash today (which it won't) it is not a great position to be in.

We know we know OSG, you've posted that 20+ times today.

Change the channel lad, jeez.

why are you so excited about 36 shops? its a drop in the ocean compared to competitors.

imbeciles - Amen.

Paris - Very risky taking a trade when the company has no cash.

Yes OSG they do offer it, but not on every company - like I said not on HNR as its too illiquid just like many other companies.

So you're using shorters as an excuse, as rampers quite often do. Blame the shorters. Well there isn't any to blame.

Posts are being deleted. Quite a few of mine have. It's disgusting really. What happened to free speach. Get Boris involved.

If shorts were closing why is the price dropping?

It's too illiquid to Short. I'd be surprised if any PI's could find a market to short it. IG don't offer a market on it which is one of the main brokers for CFDs.

So the real reason is people are selling as the fundamentals are shot.

slightly negative posts being removed - be aware, as below previously.

I'm not sure i'd consider myself a deramper, I just commentated on facts, so more a realist. No CBD sales information is forthcoming and since there are only 36 odd outlets and a website how much are you realistically expecting HNR to sell? The Company has no money and currently doesn't have a market for its product. In the future, it will do as expectations are the CBD market will boom, but HNR needs to stay afloat before this takes off and so needs working capital and a placing is really the only way currently. Never buy a company in a downtrend. This has been in a downtrend for many years, check the TA and wait for a turn before entry.

In the annual report, the company alludes to Chill having "an extensive and growing social media
presence" - I've just checked twitter and all i can see is HNR posting now and again with very few comments or retweets. If people were using it and getting excited you would expect at least a few people to post about it. "Extensive" is well wide of the mark. "Extensive" would to me, mean influencers and other parties getting hold of it and posting.

Also, which crackpot wrote "Between $13,440,000 to $50,700,000" - it basically eludes to "we have no ducking idea what we're going to sell this year, could be 5, could be infinity". An actual projection would be within a respectable percentage.

He's seen how much the other directors earn for working a few hours a week and realised he can buy the new boat AND a bigger house that he wanted. Nobody knows who he is so you can't damage the reputation of an unknown.

1) Every board as an unrealistic ramper who needs to get out of their large holding at a semi-respectable price - OSG has been here for years so is sitting on a massive loss currently.
2) Look at the accounts - total remuneration for all staff is ~£1.1m - the 2 directors taking half of this (547k) - Nice work if you can get it.
3) total cash burn on admin expenses for the year is ~£5.5m for the year, so 450k per month
4) Cash at end of accounting period is £1.5m

So start taking a cash burn of 450k per month against an income of 80k, all your eggs are in the CBD basket. Will they be selling enough to make up any considerable distance? Stating that Chicago has a target audience has 2million, i mean come on, how many people are actually going to buy it realistically. very few I imagine, as most people don't need it, and those who already use the more potent string will not change to something that doesn't give you a kick. In these big cities its so easy to get hold of the not so legal kind, corner shops have dedicated sections if you ask nicely.

Summary, there is no cash left don't buy until at least the bail out placing below 6p.

Oh and listing on OTC, anyone in the US can by HNR on the LSE listing if they wanted to right now, and they are not. So why would they if it was listed somewhere else.

P.s if you report this post as you have with some of my others I've taken a copy of it and it will be posted again and sent to LSE. Without balanced opinions, people lose money.

I picked up a few at 163.35 this morning. Looking like a good decision. Risk/reward from these levels is promising.

Any negative posts are being removed off this board. Be aware.

Dodgy AF.

There is usually a reason if you think that a company as lots of enemies.

Lets be honest, if they were really confident, that RNS would have some figures in it or at least a projection based on sales so far.

Reposting the same thing over and over again is unnecessary. If you're who I think you are, you're balls deep in this so of course, you'll be ramping the duck out of it. Too many PI's suffer as there are no balanced opinions around.

Starting to look promising, if we can sit around the 200EMA before next new trigger it will be back to 15/16s in a flash.

Don't waste your time with Simply Wall st - almost all AIM shares will not show correct information on it, hence my previous statement on accountancy practices. It just picks up generalistic information that is highly inaccurate.

Why would there be a closed position when duck all has happened for 18 months??!??!

Anyone who has any idea of how accountancy practices work and how profit can be displayed you would know that these figures are not exactly telling the whole truth.

I live near Ed's registered address. If he doesn't chuck at least £50k at this in the next 6 weeks i'm going to knock on his door and ask why.

Directors aren't buying. It'll be LTIP or sharesave as its a very small amount going through the same time each month. Both of which they can't stop until the term ends.

Expect this to Hit 68 next, but when the oil price turns this is going to present such an amazing opportunity for quick gains.

Raise, Rinse, Repeat.