RE: Chekhov's gun17 Nov 2021 19:53
I'm talking about the Timeline. The three warnings given in the last RNS about delays should make you sit up plus nowhere are Timelines re confirmed. Dangerous to make assumptions, where there is no information.
Why didn't Chill just say in the RNS" that all targets, distribution agreements and TIMELINES remain in place? No, they didn't , timelines have been left out of RNS - stands out like a sore thumb. However, they managed to find space to mention widespread logistical delays, three times!!
It was only later BB2 managed to get a reply from Buchanan, basically saying - refer to RNS in Feb.
This was an email between an investor and Buchanan and BB kindly shared it on this BB, BUT don't fool yourself that it was intended for the whole market, it was never RNSd and so not been confirmed to market - if they were confident they would have announce, and reconfirmed the timeline in the recent RNS. Something along the lines of
"CHILL confirms that all targets, distribution agreements and the timeline of May 22 remain in place. CHILL and its distributors are committed in what is the first phase, with 10,000 outlets in the US selling CHILL products by May 22".
That alone would move the SP up IMO, but they didn't say it, and SP has fallen from 13p on 3rd November when the RNS was released to 11.5p today.
We all know eventually after god knows how long CHILL will get their first 10,000 outlets sorted in US but between then and now what will happen to the SP...the timeline is a important part of the overall deal, jut as important as the confirmation of 10,000 outlets.