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0.9¢ creso pharma limited

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Peck76

899 Posts.

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18/07/21

07:31

Post #: 54578942
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Originally posted by Tradingasx: ↑

Wrong again, in fact here’s one of the posts I created that none of your bull mates referenced when highlighting my threads.
as you can see I keep up with the companies I invest in, to say otherwise is way off the mark.
you also didn’t reply back to this one, funny about that.
Forward your bull case- without the google calculator and your garbage % numbers from 10 months ago

70% of Mergers fail- this is a true statistic, which i hope for the holders of this company it doesn't i genuinely hope it works.
i dont want anyone to lose their money or savings due to incompetence of board members who are as greedy as Adam Blumenthal.

Let me state this for holders of CPH, you can argue and throw insults if you like, i am actually being genuine here & want to highlight the reasoning why i had invested initially and why i believe investors have been ripped from my personal experience and opinion.

CPH end of last year went for a re-branding/fresh beginning & wanted to change sentiment for both Retail & institutional investors- FACT
CPH appointed Bruce Linton as a Non-Executive Director to help lead CPH to a new beginning and direction, as we know he has a great name in this field & any investor interested in this space will pay close attention- FACT
CPH engaged in a CR for $9M and were able to raise $18M comfortably with a big name in John Hancock investing $9M of his own investment money to assist in the growth of CPH- this was discounted to .19c at the time (was sitting at the .21c mark when announced)- FACT
CPH announced to investors that they would be pursuing an OTC listing on the North American exchange to gain bigger exposure & investors in the territory they had ANNOUNCED they were targeting- FACT (45 days from this announcement was due to be listed/duel).
Non Price sensitive announcements during this time happened- Stock feeds, Tea Bags, Joints, Bud etc etc with purchase orders- FACT
Record Sales growth for the quater at the time was announced with good numbers for the company at this stage- Investors were judging (i definitely was) from the point Bruce Linton came into CPH and were treating them as a new business- this was great too see (10 months in the drivers seat, these announcements and performance was excellent)- FACT (pending how you see it)>
Holders and investors in this company at this point were extremely bullish on CPH as they seemed to have stuck to what they said they were going to do- Change sentiment and create a strong brand for the company & have great returns for both Retail & Institutional investors- FACT
Duel Listing happens on the OTC (this was the announcement majority investors were waiting for) as this was a box that needed to be ticked, in which they did- this changed sentiment straight away and the SP ran to .20-.21c comfortably with big buys and shares purchased- FACT
CPH Material announcement- CPH have one of the biggest holdings in the world of psycibilin 20 grams- FACT
CPH were trending nicely on both listings (OTC & ASX) with the acquisition of Halucenex & the dealers license pending for announcement. along with the previous announcement of the Psycibilin.
TRADING HALT- Majority investors believed this was a halt for an announcement regarding the Halucenex acquistion, Dealers License, Possible loan to Haluxenex etc.
MERGER ANNOUNCEMENT RLH CAD- Wait.....What a merger.... Not just a merger a reverse merger with RLH to form Hybrid lab- a world first in this space utilising both companies to create a solution for the pschedelics industry.

So the OTC was listed to gain some credibility & a further $30M in MC during this period & ONLY a few days later they announce a reverse merger with a company no one had heard of.
Not only is this a snake move, this is also a terrible deal for ASX investors- this wasnt the reason CPH investors invested in CPH- they were doing well for a small cap/penny cap company in such a short period of time ( again im judging from October 2020).

RLH have no tangible assetts and ideally had a small truffle farm who were and advertising business- this makes no sense as a reverse merger as RLH at the time had a $120M MC which was close to $100M MC less than CPH- So they merged with a smaller company with no tangible assets & the holders of RLH get a premium on top of this------WHAT?

CPH however had multiple businesses and assetts, had $100M MC more with much more going for it...

the board did the ASX investor dirty, anyone that states different are lying or delusional- its nothing short of a disgrace. This merger has to be completed now if it doesnt, this company is over, they wont have any investor sentiment here as their name is mud.
As an investor here, there is no way anyone would have agreed to this deal as a proposal, specially now that you're heavily relying on a TRIP CHART on the CXE as your main chart and not the CPH chart itself. To recieve .395% of a TRIP share for every CPH share held is a disgrace- You're literally backed into a corner where you either cut your losses or you back in the new company that you NEVER had any intention of investing in from the outset. I hope the investors who are backing them in are aware of the CSE market & what the investors over in CSE look for- i know i certainly dont.
For a company to be bigger in size, have solid tangible assetts and customers readily buying to reverse merge with a company of smaller size and no tangible assets screams to me of desperation and a lingering internal issue- FINANCIALLY.

Adam and the board here will now be mud to any investor who has an idea of the ASX stock market.

You can scrutinise this post if you may, i have simply posted this as my view at the time of CPH, i am not looking for sympathy just wanted to share a fact. If your opinion differs, good luck to you.

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Are you the guy that lost money on cph? Why would we listen to a failed investor
CPH Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
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