Member Info for Si_Derman

Oops, forgot link.
https://www.otcmarkets.com/stock/OTCM/news/OTC-Markets-Group-Welcomes-New-OTCQB-Companies--November-12?id=245822

Zoetic International PLC (LSE:HNRH; OTCQB: HGHRF) Zoetic is a vertically integrated CBD business with indoor and outdoor growing facilities in Western Colorado. The company sells a range of products in the US and UK through two brands. In the US, the Chill brand is a tobacco alternative selling smokables and chew pouches. In the UK, the Zoetic brand is a premium supplier of CBD oils and plans to shortly launch a range of cosmetics and beauty products. In addition the company has a portfolio of natural resources projects, the flagship of which is a 7.5% carried working interest in 8 producing wells east of Denver. The company announced on 4 September 2019 that it would seek to sell these assets as it focuses on its CBD business.

"Never mind just 500% SP increase to get back to where we were just nine months ago!"
Coupled with a possible increase of over 200% in share issue since that time, hmmm.
Never say never.... BWTHDIK

Going to be interesting to see the details of the OO. Percentage wise to shares held, that is.
As you would have to hold to parcipitate would existing holders be buying now at 10% or more extra or would it just be people wanting to become holders to allow participation?
Would the increase in shares in issue atomatically double our MCap if we stayed around these prices?
Meaning 3.5b @ .33 = 11.6m. That's without any increase the OO would bring.
Never gets boring here, hey!

Another 2 billion shares. :(

Bite the pillow, I'm coming in dry.
Bring it on...
Next time trust the TA.
Will from now on.

10 days? Jeeze, this company never fails to throw a curve ball at every stage over the last seven years.
Now we are Naval gazing.
Whatever. Get it done and move on.
From past experince, we will get shafted and we will get dilluted.
Same as it ever was...

Didn't they re-fit one recently?
Or did I dream that?

Fairy Nuff, Loot. But , in hindsight, those that knew, knew. And made a speedy exit.
Whilst saying the opposite on the boards.

Any coments of concern on here will be twisted, magnified and used by the anti's. It's their MO.
As mentioned earlier this week by some. People have to mindfull of what they write.

If they have news on any front then get it out asap. I hoped after the previous nomad was out of it we may be less leaky.
But, city spivs and their ilk are always in the mix somewhere.
I blame myself for topping up mid-week.

"So if the sp reaches 25p...the shares cover the debt"
Anything over 10.5p would do that. As shown by RH's calcs in the initial post.

So what value to us are the 950,000 Buy-back Shares to be held in treasury and are still included in the shares in issue?
If they are still included, does that mean that we just clear a debt owed by taking back 950,000 shares and just sit on them, for want of a better term. Fail to see any value in that. If the 950k are not taken from the shares in issue I would rather have the money owed and let them sell them for what ever they can get.
Think I might go and read up on treasury shares. :)

Getting the bounce I hoped for.
Noice...

Down to the recent trend line today. Ready for the next step upwards? Hope so. :)
https://invst.ly/ofaa4
Mr Mendell might just be getting his 14p remuneration goal sooner than the six months stated in the RNS.

More profitable than tomatoes.
"Organic Vines is partnering with an experienced seed producer in the U.S., who will be providing seedlings, advising and overseeing the growth of the crop and will be responsible for the hemp seed distribution."
Wonder who that may be?
Brighton is only 3 hours drive from De Beque.
Just sayin' :)

Could anyone shed any light on why there is historic trade data shown on the OTC for Zoetic
Also, was the ticker (HGHRF) in place before the name change?
I've been reading up on pink sheet requirements and wondered what "current" meant as regards a company's status.

Here is some of what I've found so far.

"Companies on the Pink Sheets are assigned to one of three tiers by the OTC Markets based upon the amount of disclosure the Company provides to the public. The OTC Pink Current Information is the highest of these tiers, created for companies that voluntarily provide specific disclosures to the OTCMarkets.
Private companies wishing to go public must locate a sponsoring market maker to file a Form 211 with FINRA, on their behalf.

Once the Form 211 is approved by FINRA, the Company qualifies to be quoted on the OTCMarkets OTC Link, and assigned to the OTC Pink Current tier.

In either scenario above, the Company must also subscribe to the OTC Markets Disclosure and News Service to be quoted. In order to maintain the OTC Pink Current status, the Company must comply with the OTC Market’s disclosure requirements for the tier.

Companies with the OTC Pink Current tier must file an Annual Report, three Quarterly Reports and one opinion from the Company’s securities attorney as well as current information reports. They must all be filed through the OTC Markets service."

Cheers all, and play nice. :)

Thanks BH. That aroused my curiosity.
Took me to this: https://www.enr.com/articles/43687-sustainable-cannabis-grow-facility-rises-in-western-colorado
I'm asuming it's the same facility?

Regarding the number of plants being quoted. It looks quite feasible but does depend on a few factors.

Firstly, It all depends a great deal on crop rotation Or, how you stagger the bays. At the start of the process, yes it maybe possible to plant out huge amounts of plants becuase that's all you have to do. But further on you need to factor in time for plant care and then harvesting. They will need to space out the planting of each of the bays so as to end up having a rolling crop over the four bays with as little downtime as possible. Namely, each bay in a different stage of development.

Secondly, enviroment control. Can they control each bay on an individual basis. Mature flowering plants wouldn't require the same light, as say, a new seedling. Just like in nature, the changing seasons ( hours of sunlight mostly) trigger plants to go into certain phases of their growth cycle. Can they hold plants (bays) in a vegetative state until required to flower?
These and a few more questions I've been wondering whilst modeling a few scenarios on a spreadsheet.
Are they are planting the bays from seed or from already established seedlings? I would imagine they would be using seedlings so as to eliminate wasted time and effort from non-germination.
How long it would take to harvest a bay and get it ready for the next rotation of planting?
For some of these unknowns I have made an educated guess. I've also factored in the abilty to control each bay indepedantly as (imo) that seems key. Over a couple of seasons It does seem that it would be possible to ramp up production to figures being quoted and more , if required. But, not in the first year as you still have to wait to get to the point where that first harvest is cropped and the next one in.
I'm sure they are well advanced in respect of most of this stuff but I do find this much more intersting than oil and gas ever was. But Jeeze, the things I busy myself with during Stoptober. lol
Si. :)

Totally agree. Was just answering Radders as to when it was announced. Pipped by Speedy as I was writing.
Only 8 trading left in October. :)
Going by todays update, which I was expecting around the deadline of the 9th, rather than eagerly expecting any announcements within that time frame, I'm resigned to have to wait calmly until they decide the time is right.
But all the sam it is rather exciting, after all this time, that by the new year we could be completly new territory.

Yeah, so all they need is an Acme Seed Sexer. :)