Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Hi Mel
These guys don't manufacture any of the products they sell, they simply contract everything out to suppliers.
Suppliers are not stupid, they can calculate how much cash these guys have left, which is not much, they will start asking for cash up front before releasing any supplies to CBX, dwindling their cash even faster
The company today has a market cap of £ 2.71m, which is rich / fruity / barking mad, whichever you prefer
With zero sales, zero cash in the bank & zero assets there is only one outcome, when it comes it will come fast, so my advice is if your in get out, if your out stay out.
But then again what do I know :)
Mathew Lodge using the nonsense RNS issued today to offload some of his 95,000,000 shares onto you guys.
How many times do you guys need to be told ? this is not a viable business !!!!
!! You are going to lose all your money, again !!
!!!! The numbers are in folks !!!!
After a stewards enquiry the official total is ( drum roll please )
40
ria20 has posted an above average 40 posts today of mind numbing rubbish, top man
Who’s the clown ? Him for doing it or me for counting it. lol
Too right mate, it is very profitable for you, 13 posts from you in the first 2 hours today x 50p each = £ 6.50 already
What’s your daily record of generic garbage posts ? 80-100 ish ?
Remember no posting after 4.30 pm, that’s when the boiler room closes. Ha ha
serious question for ria20, who is paying you ?
according to lse member info you joined this site on 6th april 2023 and up to this moment you have posted an absolutely staggering 6830 posts on this site
6 april 2023 – 1st nov 2023 = 209 days
you have posted on average 33 posts every single day including saturdays & sundays from joining until now
you are either ….
1. an absolute basket case with no life outside of this site
2. someone is paying you for this colossal waste of time
i asks because if you get 50p per post i may consider doing the same thing because im full of **** like you
Still a Strong Buy ?
Many investors, including my self, jumped ship & cut our losses on this company in the 7p area, stating our legitimate concerns & reasons for doing so.
The subsequent back lash & verbal abuse we suffered on this forum for our actions & opinions was nothing short of disgusting
Do any of the mud slingers & stone throwers have anything to say 18 months later with the share price 95% lower ???
hhhmmm
Excuse me for saying guys, but I don’t understand the persistent negativity surrounding this company, I feel it is totally unwarranted
The company only started trading 2.5 years ago with nothing to show in the bank ( except the £ 13,000,000 raised from you guys ) in this time they have brought together some of the finest business minds in the world to create the world leading company we see today
When the company released it’s interim results, I could not contain my joy & excitement of their phenomenal revenue of £31k, which exceeded my wildest expectations, I immediately sold all my other investments and ploughed the lot into CBX, I told my parents & they re-mortgaged their house to do the same
The likes of ria20 on this board should be congratulated on their astute business acumen in highlighting the sky-high potential of this company, who could argue with peals of wisdom such as “ expect we will have a strong Christmas” or “ should be a great afternoon “ come on guys what more proof do you need ?
I fully expect CBX to report revenue for the year ending of around £ 65m with a pre tax profit in the range of £ 25m possibly slightly more
Lol
Hi Mel, nice to see your still around.
Posted by me 2 months ago on this forum, tell me I’m wrong .
Q. How would you monetize a crackpot nothing of an idea quickly ?
A. Find a gullible listed company and exchange your crackpot idea for their shares, wait just 6 months until the lock-in period ends then dump your 95,000,000 shares onto the market, pocket your cash & walk away
mission accomplished
Look on the bright side guys as of this morning CBX has a higher market cap than Cineworld.
Lol
I’ve never been a tree hugger but I do agree with these guys on this point, offsetting your polluting business with buying carbon credits is a shameful scam
!!! stop polluting in the first place !!!
What happened to the CBD empire ? These cowboys took £13m from you guys with the promise of untold riches in the up and coming CBD phenomenon, now they have gone from sublime to ridiculous with this carbon nonsense. WoW, I didn’t notice that in the prospectus.
How these muppets are still trading on the main market of the LSE is beyond me, how much of your money have they got left ?
Tell them I still have my magic beans for sale before they run out of your money. Lol
Ps. Hi Mel, nice you’re still around.
https://www.greenpeace.org/international/story/50689/carbon-offsets-net-zero-greenwashing-scam/
Q. How would you monetize a crackpot nothing of an idea quickly ?
A. Find a gullible listed company and exchange your crackpot idea for their shares, wait just 6 months until the lock-in period ends then dump your 95,000,000 shares onto the market, pocket your cash & walk away
mission accomplished
What the hell are these idiots doing, have they been smoking their cannaboids ?
Diluting the existing shareholders to buy a crackpot nothing of an idea, absolutely BARKING MAD
Ps. Tell them I have some magic beans for sale.
Cheers gulf,
I’ll have a ponder until pre ex. Divi day
Hi Guys
Never been in this one, but i like the look of the 5%+ divi for a quick in and out ( couple of months ish )
Great idea or suicide mission ?
Cheers LGO,
I agree this board could do with a few more giggles,
:)
Karlvonwise
I have not personally tried the serum, my wife has and reports back to me it is good, but no better than a multitude of alternatives,
I class myself as an old fashioned type of guy, burping, farting, scratching etc. not a modern man who thinks he’s a girl, so rubbing this cream or that cream on my face does not mean a lot to me
What I do understand is business, profit, loss, return on capital etc, this product does not sell, full stop, these clowns spent £2m on advertising & promotion last year, to achieve zero sales, why is spending another £2m or £4m or £10m this year going to produce any different results
CBX has never been a sustainable proposition, It was floated off directly into the path of gullible investors at the perfect time in the coronavirus lockdowns, infusing existing products with artificial CBD/CBG was never going anywhere, hence the departure of the entire collection of rogues that floated it off.
My view is that one bright spring / summer morning not too far from now a 7am RNS will state.
CBX Suspended, and that will conclude our business here.
The Directors anticipate that the Company’s initial revenue will derive from sales of the Company’s initial product, a CBD-containing face mask and serum and a CBD-infused roll-on gel. As the Company continues to develop and adds product lines and verticals, the Company believes its revenue streams will diversify to include additional sources of revenue derived from these additional ranges.
Within six months of Admission, the Company envisages it will have acquired 10,000 customers who are regularly purchasing the Company’s product(s) on an ad hoc or subscription basis. The Company estimates this will increase to 25,000 customers actively using the platform within 12 months of launch of its first product. Over the first three years following Admission, and assuming continued increase in the facilities made available through the Company’s platform and the Directors’ estimates of annual growth, the Company expects to have 250,000 active customers.
Only thing you can do DQ is keep waiting & waiting & waiting………..
£5m in the bank ? I don’t think so
CBX stated it had £ 4.37m cash as of the 31 Aug 2022, which was just under 6 months ago, as we know their sales are nonexistent.
Normal cash burn for this company, by my estimate, has cut this figure in half already
A unknown quantity is the cash paid to ms. Hellenia Christionson who joined CBX after the 31st Aug 2022 cash figure was published, any views on the salary of a ex. Super model ?
There have been many believers posting all kinds of positive nonsense on this site for many months, up to now every single one of them is wrong.
I don’t fancy your chances much either.
JBsok
Searching for dirt is actually called research, CBX or Cannaray were never going to raise the capital needed to pull off the RTO, one look a their balance sheets confirmed that, I said at the time, who is going to fund this ?
CBX have stated they have cut back on their cash burn dramatically, how can they develop new products when they cannot spend the cash necessary to do so ?
In my view unless something else happens the share price will simply track their cash balance lower until the shares are suspended. As per Love Hemp.
In future I would take what these small start up companies say with a pinch of salt, until they prove otherwise, have a quick read of the original prospectus, by this time they should have cornered the Cannabis Market making £ millions.
Or perhaps I’m completely wrong and you’re all going to be millionaires :)