Ann: Share Purchase Plan, page-17

Whatever trick they play to pump before CR is beyond me. However, at this price, a change of 1c is big. The see the selling went fast and it's now back to 19.5c. I think it will drift back under 17c after the SPP anyway. At 20c, it is 42% higher than the low of 14c. I decided to dump the little I still kept at 20.5c today and would buy back later. I still want to keep a little for the 1000% return that might happen in a few years.

The trouble with playing momentum on this kind of stock to hope for a big gain is that you keep sinking money into it, by the time it gets to a near term bottom, you can be 25%-50% down, and it will take months to come back up (if it ever does). Those who got in over $4 would probably never get their money back if they still held those shares. Those who enter this one now at around 20c may find themselves looking at 10c not far down the track and that would be 50% down staring at another CR around 2-3 quarters further down the track.

To play this one, one needs to be patient and wait until it gets ear the previous low of 14c to try again. It's back down to 19c now on high volume. I hope you unloaded some of your shares when it got to the top today.

My order of a big pack of skin-care pack from Hempfood will come today or tomorrow. That's my little bit to support the company. I hope Hempfood becomes profitable so this company has something solid to fall back on if it ever comes to failing in CBD business. Oliver mentioned that they took the hemp leaf out of the company branding to acknowledge that Elixinol is now NOT a hemp company. It will a company that sells skin-care and hem products will be a part of the whole business. I think they realise that the battle for dominance in cannabis CBD oil is lost forever. There will be no winner in this space and the oil will be just another oil product on the shelves in the near future. And it is more in the same business line of Ecofibre but Elixinol will play the downstream position.