Chill Brands (CHLL) today boasts at its AGM that the products on its website “contribute to the overall well-being of our customers, delivering the social and recreational benefits they enjoy while minimising the potential harm associated with traditional substances like tobacco and alcohol.” So that would include vaping products that bring kids into the word of inhalation , a pathway to smoking, and which can cause Lung and other organ damage, breathing problems, asthma, lung scarring and chronic bronchitis. Next up, Russell Brand on why he has always been a feminist.
Chill Brands (CHLL) is one of those companies that seems to move its focus from one product to another, all of which are going to be the next big thing, but never really achieves much in terms of sales, and even less so in revenue or profitability.
Chill Brands (CHLL) shares trading at a valuation that seems bonkers is nothing really new, as it has been going on for years with this company in its various guises and different names, and every now and again it goes on a big run upwards for a while before inevitably dropping back again.
On Saturday, Ray, the owner of The Vaping Group Ltd – the new UK distributor for Chill Brands (CHLL) nicotine free vapes – sent various messages about how he wanted to talk urgently. After 4 onerous hours of family chauffeuring duty, I called back and we had a long chat. It was most illuminating.
I am not finished with the ramptastic release from Chill Brands (CHLL) last week about its UK distribution deal with The Vaping Group Limited which is owned and controlled by a Mr Ray Ingleby. The morons think this will be transformative but I have already shown that Vaping is a loss making smaller company HERE and that it operates from a small business unit in Blackpool HERE. But there is far more to come on this…
Yesterday shares in Chill Brands (CHLL) raced ahead as it signed a distribution deal with The Vaping Group Limited. I called it a spoof now here is a photo which rather makes my point.
It is a simple question and one that I have put to Chill’s (CHLL) financial adviser, Mr. Nick Harriss at the fine firm of Allenby Capital. Oddly Nick has declined to reply but as 1.5 million shares were issued at 4p ( a nice discount to the 6p share price) surely investors have a right to know who has been paid £60,000 for what? The statement reads:
Pump. Dump. Pump Dump. And so it goes again and again. Today’s its another dump as Chill Brands (CHLL) has raised £2.6 million just one trading day after a vape-tastic,ramp-tastic RNS with no numbers natch. But before then rewind to the last pump and dump smash and grab on 16 March.
Before we get to today’s spoof from the rogues at Chill Brands (CHLL), let’s look at the last one from a fortnight ago.
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.
Shares in Chill Brands (CHLL), pumped by a spoof-tastic announcement the other day, are now sliding fast. 2+2 =4. The first 2 is that attempted ramping.
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.








