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Results: CHLL

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Chill Brands placing to an institution – my arse it is.

At 2.45 PM yesterday Chill Brands (CHLL) announced that it had raised £560,000 at 3.5p. It claims that this “followed the receipt of an unsolicited offer from the financial institution concerned.” Hmmm so at c6% of the enlarged equity we will see a Tr1 soon? There is more chance of Cheryl Cole wandering down my drive in her Birthday suit demanding my sole and undivided attention.

Chill Brands: Mad yes, Tasty no – pre bailout placing spoof

The last time we had a figure for the, rapidly falling, cash position at Chill Brands (CHLL) was 30 September when cash was £1.8 million after a £2.2 million loss in the six months prior. There were one offs in that period but you can do the maths. By the March 31 year end the cash will largely be gone and so yet another placing is on the way. So today a prize spoof.

Chill Brands is taking the piss, clearly out of cash a pathetic pre placing ramp, new order might cover 3 days costs

The last time we knew the cash position of Chill Brands (CHLL) was at March 31. The company neglected to give any update with its (piss poor) finals or in a trading update a few weeks ago. You can thus guess that the position is pretty dismal and the company is close to running on vapours. Hence 6 RNS ramptastic announcements since September. Today’s is the most wretched yet.

Massive Vindication for Tom Winnifrith No 2 - Chill Brands forces to restate results by FRC after TW intervention, letter in full

When I started exposing the fraud at Zoetic, now Chill Brands (CHLL) the shares were 76p. They are now 2.4p and, FWIW, running out of cash again so a sell. The other side fought hard. Seth Freedman - who had harassed Harvey Weinstein's victims for Harvey - was engaged by a shareholder to threaten, menace and harass me and also two other writers here and a PR girl who is known to be a friend of mine. Shame on Freedman and those who defend him like Evil Knievil. I was not bullied into silence and so, after the massive Worthington vindication earlier, here is another one a, a letter from the Financial Reporting Council.I complained to it about Chill's accounts. Hey presto, the FRC took action and - as you can see below - forced Chill to restate.

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