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CPH, CRESO PHARMA RG
mullokintyre
post Posted: Apr 30 2020, 10:16 AM
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CPH quarterly activities report makes ok reading.
Revenue from sales up nearly 800% from the previous quarter (albeit from a pretty low base).
But it sure beats it going the other way.Lots of potential sales with a product base wider than just cannabis.
Still holding, one of those I put in the bottom draw to be brought out and admired once a year at Tax prep time.
Mick



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mullokintyre
post Posted: Jan 31 2020, 01:06 PM
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My wife does locum pharmacy work, and she told me last night how much of an increase in Cannabis related products she is dispensing in the last few months.
Based on this, I have made my first foray into medical Cannabis via CPH.
Medical Cannabis is not to be confused with your regular home grown pot.
When discussing this with someone this morning, they thought I was mad because pot is already legal in ACT, and likely to be legalised in other states, so there would be no need for medical cannabis when you can grow your own.
Its a long way down from the 1.38 high now, and it may go lower.
Only a small position as its still an industry in its infancy.
Mick



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sent from my Olivetti Typewriter.
 
blacksheep
post Posted: Dec 9 2018, 01:55 PM
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In Reply To: blacksheep's post @ Oct 19 2018, 12:54 PM

Currently doing their Canadian TSX-V Roadshow.

With the recent short attack on Canadian pot stock Aphria putting the spotlight on the industry, it's, not exactly a great time to be dual listing.

SP has already come down from the initial "high" of $1.38 in January this year - currently trading at 41.5c
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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Oct 19 2018, 12:54 PM
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In Reply To: blacksheep's post @ May 2 2018, 01:59 PM

Seems CPH is contemplating dual listing on TSX - "to deepen this connection"

Also, according to this, - "we are currently running a campaign on Creso Pharma via the digital promotion of an article on nextbiotech.com.au.......and invite you to retweet/post the link to your followers for a fee". The fee is $100

https://twitter.com/vontrader/status/1052860625284526080

They must be desperate now that Assad Tannous is no longer engaged in the "marketing" of CPH - more importantly is that legal?

If you look at all the companies nextbiotech are promoting, it's probably a list of companies to avoid - just IMHO https://twitter.com/nextbiotech

NOTE - posting this not for the $100 but as a warning - so keep your cash nextbiotech
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--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: May 2 2018, 01:59 PM
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In Reply To: blacksheep's post @ Apr 24 2018, 03:21 PM

CPH's Notice of Annual General Meeting released today - looks like ASX has put it's foot down regarding voting by related parties. Is that as far as ASX/ASIC is going to take the matter?

QUOTE
Voting Exclusion: The Company will disregard any votes cast in favour of the Resolution by
or on behalf of a person who participated in the issue. In addition, if not already excluded,
ASX has exercised its discretion to require the Company to disregard any votes cast in
favour of the Resolution by EverBlu Capital Pty Ltd, Asenna Wealth Solutions Pty Ltd, TAC
Professional Services Pty Ltd, MFCM Nominee Services Pty Ltd, 153 Fish Capital Pte Ltd,
DHJPM Pty Ltd or any associates of those persons
. However, the Company need not
disregard a vote if it is cast by a person as a proxy for a person who is entitled to vote, in
accordance with the directions on the Proxy Form, or, it is cast by the person chairing the
meeting as proxy for a person who is entitled to vote, in accordance with a direction on
the Proxy Form to vote as the proxy decides.


Quarterly show cash receipts from customers in the current quater, and for the YTD/3 months = $188K
Advertising for the same period = $599k - but outflows for the next quarter will be much lower smile.gif @ $280k

QUOTE
9. Estimated cash outflows for next quarter $A’000
9.1 Research and development (530)
9.2 Product manufacturing and operating costs (80)
9.3 Advertising and marketing (280)
9.4 Management costs (183)
9.5 Staff costs (190)
9.6 Administration and corporate costs (710)
9.7 Other (scheduled capital expenditure for Mernova production facility) (2,058)
9.8 Total estimated cash outflows (4,031)
9.7 In the next quarter, Creso will be providing a loan to Mernova Medicinal Inc. of ~CAD$2.0
million
.


QUOTE
2.3 During the quarter, Creso paid an Exclusivity Fee of US$250,000 to Kunna Canada to pursue the grant of the Cultivation Licence and for other general working capital
requirements per the Heads of Agreement.
During the quarter, Creso provided a loan of EUR150,000 to the Viru Beer joint venture company.


CPH had $11 mil left in kitty at end of March 2018, with $4 mil estimated outflow 2Q2018 - let's hope their cash income starts to travel as fast as their cash outflows
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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Apr 24 2018, 03:21 PM
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How EverBlu Capital is reaping windfalls from the micro-cap frenzy
QUOTE
In the micro-cap sector fortunes can be made and lost in a day without a company even turning a profit. But the Blumenthals look to have found a way where they almost always come out on top.

Read more: http://www.afr.com/business/banking-and-fi...a#ixzz5DZ2poou3

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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 

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blacksheep
post Posted: Mar 18 2018, 03:04 PM
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In Reply To: blacksheep's post @ Feb 20 2018, 09:46 AM

Had a bit of a look at the chart around the time this tweet was made - time/date of tweet 9:42 PM - 14 Sep 2017 - see below
QUOTE
Assad Tannous @AsennaWealth
Follow Follow @AsennaWealth
More
Replying to @ActionFigureTom
Check this out. Wont mention names but made shiteload on SYR . Came to visit me lastnight. #Crown


Assume the name he didn't want to mention wasn't Santa Claus biggrin.gif a bit too early for him to visit

SYR's SP had been trending downwards, then started to turn positive in late August with the announcement - Mining Agreement Approved by Government of Mozambique - on the 20/8/17. On 8/9/17 came the announcement - Syrah Signs Sales Agreement with BTR New Energy Materials. Two days before on the 6/9/17 the volume of trades appeared higher than normal - leaky boat? - then on the 14/9/17 some heavy selling.

Perhaps Assad was fortunate enough to get in on this action - thereby making a "shiteload" - although I'm not sure it's a good idea to brag about it on twitter
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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
JSB
post Posted: Feb 28 2018, 03:40 PM
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http://www.afr.com/markets/equity-markets/...20180227-h0wr29

QUOTE
Creso's annual report, released late Tuesday night, reveals Mr Tannous, who has frequently tweeted about Creso, holds fewer than 290,000 shares. In July, Mr Tannous was issued 1 million shares at $1.10 for one year's worth of "marketing and promotional services to potential investors".

In the last annual report and before the issue, Mr Tannous' A&J Tannous Nominees was the company's 16th-largest investor with 595,000 shares.

Mr Tannous hasn't tweeted about Creso since January, and doesn't appear to have told his social media followers that he has pared his holding.


Of course he hasn't announced he's sold, he may not be done yet!

Forums and social media may be a good channel to access contrasting viewpoints or ideas but in no way should substitute good solid research.


Said 'Thanks' for this post: nipper  
 
blacksheep
post Posted: Feb 20 2018, 09:46 AM
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In Reply To: blacksheep's post @ Feb 17 2018, 03:09 PM

Another article from the"Equity Guru" - Assad Tannous in spotlight as Creso Pharma (CPH.ASX) hand him $1 million in shares
Craig AmosFebruary 18, 2018
https://equity.guru/2018/02/18/assad-tannou...million-shares/

You really wonder why these people put out so much information on their twitter feeds. I went thru some of them and came up with this one on 14 September last year which I found odd to say the least - https://twitter.com/AsennaWealth/status/908551541916700672.



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Feb 17 2018, 07:08 PM
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In Reply To: blacksheep's post @ Feb 17 2018, 03:09 PM

Jacenko runs a PR company - Sweaty Betty. Nice bit of PR

Cannabliss? Roxy Jacenko and daughter Pixie snapped hanging in Hawaii with the co-founder of multi-million dollar marijuana business
QUOTE
Roxy Jacenko's Instagram followers were green with envy as the PR queen got the chance to swim with dolphins in Hawaii on Friday.

Interestingly, the 36-year-old and her daughter Pixie were joined by Adam Blumenthal, who is the co-founder of a business specialising in another type of 'green.'

The entrepreneur - who's connection to Roxy is currently unclear - is part of a multi-million dollar marijuana operation which legally develops and distributes marijuana products with bases in Switzerland and Israel.


QUOTE
Adam's firm Creso Pharma is one of the first marijuana producers to be floated on the ASX since the substance was legalised in Australia for medical use late last year.

According to the businessman's Linkedin profile, the company's strategy is to 'develop, register and commercialise Pharmaceutical-grade-Cannabis and Hemp based products to the Highest GMP ( Good Manufacturing practice ) quality standards.'

His profile on Creso's website states: 'He has successfully worked on several medical marijuana deals spanning Israel, Canada and Switzerland.'

Read more: http://www.dailymail.co.uk/tvshowbiz/artic...l#ixzz57M1b9tf7




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
 


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