The big red flag is almost always what a company does NOT say in an RNS: Ref Zoetic

Shares in the Standard Listed fraud that is Zoetic International (ZOE) are, at 56p mid, almost 50% off their all-time highs achieved at peak pump earlier this year. To have suffered such slippage amid a bull market for pot and small cap stocks takes some doing and is, in itself, something of a red flag. The posh but extremely dim and morally bankrupt PR man for this firm, Mr. Henry Harrison-Topham, tried to steady the nerves of the fools invested here with a trading update but it was no good. It was a case study in where what the company did NOT say serves as a red flag.

Zoetic International – IFRS rules on revenue recognition: I sense morons in for a nasty shock

In an article the other day, I posed a few questions about how the fraud Zoetic International (ZOE) should recognise revenue in respect of its “orders” of $1 million which are almost certainly not repeatable.  A kind reader has forwarded me the helpful PWC publication “IFRS 15 solutions for the retail and consumer industry”, its guide to IFRS 15. The new revenue recognition standard published in June 2018. It is most illuminating. 

The delusions of a Bulletin Board Moron – meet Czar who owns shares in the Zoetic fraud

Shares in the fraud Zoetic International (ZOE) collapsed yesterday to a new year low of sub 52p but this morning have staged a brief rally as the truly deluded have tried catching a falling knife. Meet Czar on the ADVFN asylum.

Zoetic – as the shares tumble again is it worth considering the matter of revenue recognition. You bet!

Shares in the fraud Zoetic International (ZOE) are off again sharply today hitting a new year low of 56p. They are still about 55p overvalued and with 25% of the equity owned via CFDs there are going to be an awful lot of margin calls being issued as each new low is hit. That will create some forced selling so making this a sort of rolling maul which will see anyone dumb enough to keep holding racking up ever greater losses far more quickly than they might think. And thus at this juncture I ponder the issue of revenue recognition, now that Zoetic appears to have a bit of revenue. I say "appears" quite deliberately.

Zoetic – another corporate deal in the US shows what a complete joke its share price still is

Another day and another merger occurs in US cannabis. This time it is Hexo which is to acquire 48North Cannabis Corp in an all share $50 million deal so what is the read-across for the fraud Zoetic (ZOE) and its valuation? Look away now bulls... it is dire.

Zoetic, another trading statement: that don’t impress me much, even the morons are starting to agree with Shania Twain

But at least it wowed a few morons and shares in this grotesque fraud opened sharply up although you can only fool so many morons for so long and the shares are now down 0.5p on the day at 63p. They remain 62p overvalued and here is why.

Zoetic (#ZOE) – attempted ramptastic 'Chill' orders update

Zoetic – is this is a record for FD resignations? But it's not all very bad news, some of it is just bad news

10 weeks. Just ten frigging weeks. That is how long Paul Ferguson lasted as CFO of the fraud Zoetic International (ZOE) between his appointment and his resignation today with immediate effect. So what on earth is going on? Back in the good old days on 15 February, the fraud announced:

Zoetic (#ZOE) – raises £6m at 60p per share with warrants, CFO Paul Ferguson leaving “with immediate effect”. Hmmm!

Leverage can hurt bulls as well as bears – watch Zoetic collapsing

Given that it has lied on an industrial scale to investors, regulators and consumers and managed first half sales of just £54,000, I think it will not surprise anyone terribly that I view the fair value of shares in Zoetic International (ZOE) as 0p. But I published all the evidence of the malfeasance and parlous financials and the shares still headed to well over 100p valuing this company at more than £200 million. That was two months ago. Now they are 57p to sell and falling fast. If you can short you should do so as this should be a penny stock really very soon.

Is 4.3p as a target for the Zoetic fraud too high? Green Roads deal suggests 0.5p is more accurate

To be fair, I never said that my target for this fraud was 4.3p, I just explained how, if you made wildly optimistic assumptions about current year sales then on a read-across from Love Hemp, 4.3p was fair value. I actually think 0p is fairer as Zoetic International (ZOE) is a fraud which will eventually run out of other people’s money. But a corporate deal in the US suggests yesterday that, maybe, fair value is 0.5p.

Love Hemp – the read-across is that Zoetic at 67p bid is worth 4.3p MAX!

Once upon a time, there was only one CBD company listed in the UK, Zoetic (ZOE). It lied to investors, regulators and customers and was pumped by unscrupulous investors and PR veterans of the China fraud scams, and its rarity value and the lamentable failure of the woke dullards at the FCA to address all that lying saw the shares ramped to ludicrous levels. But now more CBD businesses are listing and that throws a spotlight on valuations. The clear read across implication is that Zoetic shares are going to crash.

EXPOSE: Getting a US OTC listing will see our shares soar – the big promoter lie in town: case study the fraud Zoetic

On 8^th January 2021, the fraud Zoetic International (ZOE) announced that its shares had started trading on the US OTC market, OTCQX and the shares jumped by 10% on the news. For the big lie being pushed by shameless promoters of frauds and other penny dreadfuls listed in the UK is that such a listing will put a rocket under the shares.

Zoetic: Allenby and Buchanan now complicit in making claims the UK regulator has not authorised. Naughty boys.

Today’s lack of profits/sales warning and associated deceits from the fraud Zoetic International  (ZOE) also made claims about forthcoming UK product launches which surely the UK Regulator will regard as unfounded. I guess Financial Advisor Allenby and PR spinners Buchanan are happy to be party to such rule breaking as they put their names to this release. I guess both have bills to pay so sod actually obeying rules.

Zoetic – how does Financial Nick Harriss of Adviser Allenby put up with such glaring lies?

I have already noted that today’s lack of profits & sales warning, oops I meant to say trading update, crafted by the fraud specialist and all round morally bankrupt upper class twit and journalist smearing arsehole Henry Harrison Topham is a total shocker. But here is another glaring deceit that Nick Harriss of Allenby, a man I thought had principle, seems happy to have signed off on.

Zoetic one hell of a joke trading statement – it is what it does NOT say that should alarm investors

The fraud Zoetic International (ZOE) has released a trading update. Natch, there are lorry loads of jam tomorrow but it is what it does not say that should give investors looking at a £157 million market cap ( at 80p) a real panic attack. The lack of critical data here is the monumental red flag.

Zoetic International (#ZOE) – no financials, attempted ramptastic, “trading update”

Zoetic – this is not significant but it is not bad news: PS How about a trading statement?

Zoetic (ZOE) owning morons are getting terribly excited by news that its products are NOT to be removed from the very few shelves on which they gather dust here in the UK. This is all to do with a tightening of the rules for selling CBD as an ingestible.

Zoetic (#ZOE) – “thrilled” submission to UK Food Standards Agency ‘has passed initial check’ ramptastic

I know he is a proven liar but now even Zoetic seems to say its biggest shareholder may not be telling the truth

I have covered the antics of Mr John Story - the largest shareholder in the Zoetic (ZOE) fraud - before, demonstrating here the lies he has told to investors. But now even Zoetic itself appears to question whether Mr Story can be believed.