I believe the company and ASX have made an error. The following is a document dated the 4th of December which I believe should have be released to the market yesterday.
https://docs.wixstatic.com/ugd/1943b6_fd54a9cb0d4546de9602777535caca52.pdf
4th December 2017
VITAHEMP IN DEMAND TO THE LAST ITEM!
Queensland Bauxite’s (ASX:QBL) medicinal cannabis company, Medical Cannabis Ltd. (MCL) and it’s Hemp (low THC cannabis) seed food product initial sample range, was in such demand at the HHI expo yesterday Sun Dec 3 in Melbourne, that not so much as one bottle of our all Australian Hemp seed oil was left standing.
Shareholders of QBL were offered samples from Vitahemp’s all Australian made and owned family health food product range, and flocked in droves to get their samples, and give their feedback on the products including the sampling of on the spot homemade Vitahemp milk. Vitahemp is the name MCL has chosen for its hemp seed food product range, the first of the products having been made available to QBL shareholders, who spent time at the expo not only showing excitement about the product samples, but many also utilising the opportunity to ask questions of the Vitahemp girls as to the direction, aims and goals of MCL, almost everyone without exception expressing how pleased they were with the company’s progress to date.
Vitahemp representative Zoe Kavasilas, whose background and tertiary education is in business management, sales and marketing, including being a qualified chef, with a deep first hand understanding of the Hemp seed food industry, said “The hemp seed milk demonstrations and tastings were very popular as people shared the excitement over our products with so many QBL shareholders. We have done previous Expos but never did we have so many inquiries to answer from so many people. The enthusiasm and positivity was most heartwarming.”
The Directors of QBL are confident that as MCL’s new subsidiaries and strategic partners Hemp Hulling Co (HHC) and Waltanna Hemp Group produce, manufacture, market and distribute Vitahemp’s products in bulk for local markets and global exports, there should be enough cashflow generated for QBL to be able to fulfil its goal of enabling dividends for shareholders.
HHC and Waltanna Hemp Group have state of the art processing machinery which is currently manufacturing products for Vitahemp in bulk to supply the local and global markets, and are also working on innovative products for Vitahemp as previously reported by the company on 22nd November and on 27th November, which can be accessed here:
http://www.asx.com.au/asxpdf/20171122/pdf/43pfzp1cqklv1r.pdf http://www.asx.com.au/asxpdf/20171127/pdf/43plrrfl4sfl20.pdf
Peter Edwards of HHC, and Vitahemp team member, repeats the mantra “No idea works unless you have the courage to do the work, as ideation without execution is delusion!"
Peter said “I believe that our ideas for innovative hemp seed food products which are currently being manufactured for Vitahemp will translate into an amazing reality that will add another dimension to healthy and tasty eating.”
Further products being worked on to perfection at the moment, with the aim of producing for mass production, are further hemp seed honey and toppings varieties, hemp seed ice cream of various flavours, iced hemp seed “coffee”, pop-hemp which is a variation of pop-corn, and hemp seed chocolate, about which MCL director and Vitahemp founder Andrew Kavasilas commented when asked further about the chocolates “As for the chocolates- You never know what you’re gonna get!
....but it will be the best and healthiest that we can manufacture, beautifully presented and packaged!”
Andrew Kavasilas said “We are very excited to now have an initial product range which has been received so well by the consumers which is currently going into mass production. Besides the many stores that will be stocking our product, and the huge potential that Amazon’s arrival into Australia has for our business, as previously advised we will also be launching a retail website direct to consumer in December where our products can be bought direct from the company. We will be introducing shareholder discounts and loyalty programmes as well.
“In the interim, for all purchase consumer orders, please email the company at
[email protected] as phone orders at the moment are too many to manage efficiently. Especially in this initial high demand launch period, whether for wholesalers, retailers or consumers, we anticipate that available stock will be sold quickly. In order to ensure the best chance to receive product, those that register their interest first and especially shareholders will be given priority of product.
“We look forward to developing this business into the success it can become for all shareholders. We aim to be leading the Hemp health revolution in Australia and globally with our super food and super nutritional products.”
Pnina Feldman Executive Chairperson of QBL said “At the moment thank G-d we have a lot of happy shareholders. Happy is not enough for us. We want all our shareholders to be ecstatic. Why not?! We are solidly working towards that goal, and it would seem that with all the possible deals MCL could potentially do at the moment with an excited and positive investment community, and potential deals with people and companies who are already in the industry or the many looking to enter the industry, we hope to assure shareholders of a happy Chanukah! Money for presents, money for jam and money for hemp seed honey and loads of fun time in the process!”
Pnina Feldman Executive Chairperson Queensland Bauxite Limited For further information, please contact: Queensland Bauxite Ltd Tel: +61 (0)2 9291 9000 For further information or any queries please email the Company at:
[email protected] www.twitter.com/QLDBauxite About Queensland Bauxite Queensland Bauxite Ltd is an Australian listed company focused on the exploration and development of its bauxite tenements in Queensland and New South Wales. The Company’s lead project is the South Johnstone Bauxite Deposit in northern Queensland which has rail running through the project area and is approximately 15-24 kilometres from the nearest deep water port. The Company intends to become a bauxite producer with a focus on commencing production at South Johnstone as early as possible. The Company also pursues additional investment opportunities, and has acquired a 55% shareholding in Medical Cannabis Limited, an Australian leader in the hemp and Cannabis industries.
