Chill Brands Share Discussion Threads

[nwixh53] 29/1/2022 15:40

I would of put very in front haha

[terminator101] 29/1/2022 13:54

That pension is worth only 90% of what it was worth earlier this year. You need a 100% rise just to get your money back. Please let me know how this overvalued fluff will 10 bag. Will it be before or after the massively dilutive placing to keep the lights on?

[nwixh53] 29/1/2022 13:06

Keep working mate to pay my pension

[kemche] 28/1/2022 23:38

kemche27 Jan '22 - 12:21 - 2949 of 3042 Edit
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INTANGIBLE sales??

Is that a thing?

[kemche] 28/1/2022 23:28

Oh now come on Rick let's not fall out. Why can't we be friends?

[purple11] 28/1/2022 22:31

i remember saying these were a massive short in the 60-100p range.

right again....

[tonyda] 28/1/2022 22:29

For a company you and your bb friends keep telling us is a fraud and is going bust you all spend a lot of time on the subject, I wounder why.

[nwixh53] 28/1/2022 21:05

If disastrous RNS and 4p next week , why only 9% down ?

[kaka47] 28/1/2022 20:56

Next week 4pppppTimberrrrrrrrrrr

[terminator101] 28/1/2022 20:52

Funny how the RNS of 20 December 21 announcing the partnership with the MASL didn't mention that chill PAID $100,000 in cash and 500,000 shares to form the partnership huh. Surely if their product was any good they wouldn't have to pay to get it sponsored. But I guess that's what a lifestyle brand is all about. On 20 December 2021, the Group announced a sponsor partnership with the U.S. Major Arena Soccer League (MASL), to offer the Company's CBD products to the league and member teams. Total consideration from the Group was $162,500 (United States Dollars) which consisted of $100,000 in cash and 500,000 ordinary shares at 12.50p valued as of the closing price on 11 November 2021.

[terminator101] 28/1/2022 20:47

I love how they used massive amounts of investors cash to "rent" out their own properties as offices. Bargain. Nothing to see here. They are not extracting vast quantities of shareholders cash to pay themselves, do dodgy rental deals or lend millions to their mates at 0% interest. On 5 May 2021, the Group entered into an office lease agreement between the Company and Bonsai Development LLC. The operating lease is a five year lease with an option to extend up to five years. The Group believes the option to extend up to five years is not probable as of 30 September 2021. The Group recorded a right of use lease asset and corresponding liability using an incremental borrowing rate to determine the discount rate. As of 30 September 2021, the right of use lease asset had a balance of GBP285,559.

[terminator101] 28/1/2022 20:07

Chill.com cost them more than they got in revenue. Its an amazing deal huh. NOTE 8 - INTANGIBLE ASSETS On 22 June 2021, the Group entered into an agreement to purchase the domain name "Chill.com" and all intellectual property rights that it has accrued in connection with the domain name. The domain is intended to serve as a worldwide marketing anchor for the Group's range of consumer products. The intangible assets are valued as of 30 September 2021 at GBP1,195,898. Management has assessed the asset for impairment as of 30 September 2021 and believe the asset is not impaired.

[terminator101] 28/1/2022 20:05

So borrow £1,000,000 FROM the company and its 0% mates ratesLoan £50,000 TO the company and its 2.5% Got it :-). Absolutely nothing to see here huhNOTE 7 - NOTE RECEIVABLE - RELATED PARTY During the six month period ended 30 September 2021, the Group entered into a note agreement with a related party. The note receivable consists of a note from an entity owned and operated by a shareholder of the Group. The note carries interest on the unpaid principal balance of 0% interest from 30 September 2021 through 31 January 2022 and shall bear interest at the short term rate of 0.18 percent per annum from 1 February 2022 until the note is paid in full on 1 May 2023. The total balance due from the related parties note receivable at 30 September 2021 was GBP943,874. NOTE 9 - LOANS On 10 June 2020, the Group entered into a BBLS managed by the British Business Bank on benefit of and with the financial backing of the Secretary of State for Business, Energy and Industrial Strategy. The BBLS loan of GBP50,000 carries an interest of 2.50% rate per annum with repayment over 60 months beginning July 2021. The loan balance was GBP47,500 and GBP50,000 as of 30 September 2021 and 31 March 2021, respectively.

[kemche] 28/1/2022 19:32

At least one spark of intelligence at the asylum. As opposed to this utter dunderhead:

RKBeekeeper

Posts: 2,681

Price: 11.75

Strong Buy

Our Interim ResultsToday 13:19
Our Interim Results

I was a little surprised that our Interim Results came a day earlier than I had predicted.

I analyse Reports and read everything and attempt to distil what has been produced and is historic and then calculate what the future may hold.

The first thing that I focus on is Revenue as that is what we as a Company are all about, generating sales, so as to pay our overheads.

Our gross margin is 41.97% (Revenue £1,073,872 Cost of Sales £756,434 and Gross Profit £317,438)

To have a gross margin of over 40% (Note DRB83 it is not 30% as per your post earlier)