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23/05/21
21:31
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Originally posted by mechanic:
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the sp. and current bank balance of cash or cash equivalents says it all, the biggest monetary return from this company has been to the board, the only return to shareholders as QBL or CGB has been tax losses, and the only way to preserve the bank balance and maintain liquidity as a legal entity is a massive increase in cash receipts which are largely profit beyond that I cannot envisage anything less than a huge breakthrough on medicinal cannabis , it might happen but last time I looked at Wallstreet "there aint no tooth fairy" and there isnt one on the asx as for another cap raise well that would be incredulous if it had any support, meanwhile a large Global group is advertising shampoo with hemp oil I bet the marketing budget for that is bigger than CGBs current market cap I very much doubt CGB are supplying the hemp oil, each s/h must decide for themselves I did , I sold 10million shares it was to much for me and if I had held well I would be 50k down now instead of 40k and 12 k of that has been recovered since through trading, good luck to all holders I think you will need it
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I wonder how Sebastian feels about it all since he got in the cot with the Feldmans. The little bit of income that CGB makes pretty much most of it comes from his contribution, and the Feldman's happily hover it all up with their massive 'Successful Company Exec' (not) salaries