I can reveal that despite covering up industrial scale breaches of FDA Regulations after I published the damning 60 red flag dossier, the fraudsters at Zoetic (ZOE) continue to breach FDA guidelines as they try, and fail, to sell material quantities of CBD products via AATAC. I have alerted the FDA to this rule breach and wonder how AATAC will respond if it gets roped into any investigation? I shall also be contacting it this week.
The fraud Zoetic (ZOE) pays thousands of pounds a month to the employer of journalist smearing morally bankrupt PR man Henry Harrison Topham to get it positive press coverage. Natch he fails to deliver any at all so with the shares falling at a rate of knots what to do?
The fraud Zoetic (ZOE) said, on 17 May 2021, that its results for the year to 31 March 2021 would be out in July (2021). But instead of delivering its numbers, it served up trading statements on July 1 and July 29 and last night said that covid had caused delays and the results would be out in August. That is both a lie and an admission of a rule breach.
The FCA should have thrown the book at Standard Listed Zoetic (ZOE) when – with the shares at 76p on February 3 2021 – I passed it this damning dossier. It did not and Zoetic and its bent band of advisers, led by the journalist-smearing mother Henry Harrison Topham of Buchanan, have taken this inaction as a cue to breach the disclosure rules in the most blatant way knowing that the FCA are toothless woke dullards. With the shares at just 43p to sell (and 43p overvalued), I have written to the FCA asking that it act on the latest rule breaches with, at the very least, a public censure.
The fraud Zoetic (ZOE) said it would serve up its final results in July. Instead, on July 1, we had a trading update and today we have another trading update. If results really are out before the weekend, why rush out a second trading update this morning? This is smoke and mirrors time as the trading news is absolutely dire and the absence of those results should alarm even the most moronic of morons.
The fraud Zoetic International (ZOE) has announced the launch of its Chill brand in the UK. So what? The brand is almost unknown and without any real cash to create brand awareness sales will impress nobody. Of more interest is news from the US which really should set alarm bells ringing for morons owning this stock.
What took it so long? Eventually, after a long weekend thrashing the peasantry on his country estates, the fraudsters' favourite PR man, Mr Henry Harrison-Topham, has answered one of two questions posed to him by myself about his client - the fraud Zoetic (ZOE).
These are not hard questions for the fraud Zoetic (ZOE) and its journalist-smearing, morally bankrupt PR team from Buchanan led by the fraudster’s fave spinner Henry Harrison-Topham to answer. But it will not. After eleven days and nine emails, the evil spinners are yet to respond to:
These are not hard questions for the fraud Zoetic (ZOE) and its journalist-smearing, morally bankrupt PR team from Buchanan led by the fraudster’s fave spinner Henry Harrison-Topham to answer. But it will not. After ten days and eight emails, the evil spinners are yet to respond to:
These are not hard questions for the fraud Zoetic (ZOE) and its journalist-smearing, morally bankrupt PR team from Buchanan led by the fraudster’s fave spinner Henry Harrison-Topham to answer. But it will not. After nine days and 7 emails, the evil spinners are yet to respond to:
These are not hard questions for the fraud Zoetic (ZOE) and its journalist-smearing, morally bankrupt PR team from Buchanan led by the fraudster’s fave spinner Henry Harrison-Topham to answer. But it will not. I assume that Mr Harrison-Tophat is too busy pitching to do PR for another China fraud or smearing me then denying it to answer what is a very simple question. After eight days and 6 emails he is yet to respond to:
This issue seems to be confusing some of the morons who own the humungously overvalued shares in the fraud Zoetic International (ZOE). And so I shall explain why. I shall make it simple as those who are confused are themselves simple and so there will not be too many long words. Before I start, I explain why Zoetic is a fraud.
This is not a hard question for the fraud Zoetic (ZOE) and its journalist-smearing, morally bankrupt PR team from Buchanan led by the fraudster’s fave spinner Henry Harrison-Topham to answer. But it will not. Seven days of silence prompts me to ask for the fifth time:
What is the fraud Zoetic (ZOE) trying to hide now? Today we are told that the company has issued 1.2 million 2026 warrants with a 60p strike to an unnamed consultant. So who is the consultant? Why not name him, her or the firm?
This is not a hard question for the fraud Zoetic (ZOE) and its journalist-smearing, morally bankrupt PR team from Buchanan led by the fraudster’s fave spinner Henry Harrison-Topham to answer. But it will not. Six days of silence prompts me to ask for the fourth time:
The fraud Zoetic International (ZOE) can run but it cannot hide. The truth will out in the end and it will be damning. It is not as if this company does not have a long track record of deceiving investors, customers and regulators. Now, for the third day on the trot, I have asked it a very simple question which it seems reluctant to answer.
As shares in Zoetic (ZOE) slip and stumble to yet another year low of 49p to sell, those margin calls must really be hurting and this share price could collapse very quickly indeed as folks can't pay the margin calls. But some ignore big questions such as the one raised in bearcast today and indulge in classic Leni-Maths. Meet Kemche from the ADVFN Asylum who posts almost daily now that he is “averaging down.” I guess only another 49p more of averaging down and he will be put out of his misery. Kemche likes Leni-Maths. Enjoy:
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.
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.
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.
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.
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.
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.
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:
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.
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.
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.
On 8th 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.
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.
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.
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 (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.
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.
Late night menacing phone calls from hired bully Seth were spurred on by Zoetic (ZOE) shareholders. There is the online trolling. New twitter accounts sent up to impersonate me and spit out bile just at me crop up weekly. I can’t remember if it was this lot who posted death threats or Supply@ME Capital (SYME) owning morons. One act of harassment blurs into another when you expose frauds. Last night I got a strange email which is below..
Folks owning shares in frauds or Bulletin Board Morons always, for a time, crow at the stupidity of ShareProphets as such stocks, like shooting stars, can rocket before the final collapse. Natch shareholders do not see this. They are convinced that ShareProphets and its writers are shorting, which we are not and that temporary share price strength is a sign that they are right. Here, for such folks, is a tweet from a moron called Spencer Freeman who used to plague me seven or eight years ago.
On January 28, the fraud Zoetic International (ZOE) announced that it really did not need any cash. That was an outright porky as events today showed. Here is that RNS cherry:
In the old days misleading investors with lies or grotesque exaggeration was frowned upon but it seems we live in a new modern world where this sort of thing is just fine and dandy. Let’s go back to April Fool’s day 2019.
You will recall how Seth Freedman harassed and insulted me over the course of 16 phone calls on 24 February. He said it was investors in the fraud Zoetic (ZOE) who had prompted him to contact me and that he would take pleasure in defaming me. Another Zoetic expose appeared here yesterday and like a puppet on a string, Seth is at it again, this time harassing Peter Brailey as well.
Those who think that they can harass me to stop me exposing unpleasant truths need to think again. Oh dear. Oh dear. Oh dear. With the FCA and FDA both having a butcher’s at the way Zoetic International (ZOE) has lied to investors, regulators and its, very few, customers, the heat is on. But a whistleblower has emerged and it gets worse for a company which is almost out of cash and living on vapours.
On 19 November 2020, the fraudsters at Zoetic International (ZOE) announced a big claim. Today we have another. Natch the shares are up but what those morons buying need to focus on is what is not said rather than what is said.
The FCA is, as we know, looking hard into numerous matters relating to Zoetic International (ZOE) and Path Investments made it abundantly clear this week that this was the reason it had to pull out of a transaction with the fraudulent, and technically insolvent, Main Market listed pot company. But I had an email last night which suggests that things could well get a lot worse.
That Path could not get FCA approval for a prospectus involving a deal with Zoetic International (ZOE) as emerged yesterday should confirm that the floor shitters are all over the fraud which has lied to its, very few, customers to investors and to regulators and which is teetering on the verge of bankruptcy. I have today written to the FCA to raise new concerns as to whether Zoetic can remain listed without issuing a fresh prospectus, which it cannot afford. The detailed letter is below:
Natch the statement talks of big numbers but the reality is that this trading statement is a statement of failure to meet expectations in earlier statements and a fess up of lost contracts. Of course the moronic shareholders in Zoetic International (ZOE) love it. Where do we start? On 3 September 2020 when we were told:
Having established, beyond any doubt, 9 days ago that the £143 million capitalised Zoetic International (ZOE) has lied to investors, regulators and its, very few, customers HERE, yesterday I showed how it was trying to cover up its crimes and, in doing so, was revealing that it had been using fake customer reviews, HERE. Quote why anyone would hold the shares now defies belief so let’s now turn to how soon the company will go bankrupt. Because, to misquote Britain’s greatest ever Prime Minister, “the trouble with frauds is that eventually they run out of other people’s money”. So how close to the precipice is Zoetic and can it be saved?
There is a masive cover up underway of the way Zoetic International (ZOE) has been lying to investors, its few customers and regulators on an industrial scale.Today I expose that cover up. It is no surprise that the FCA is looking long and hard at this company as it confirmed to me in this email late last week. In the wake of the bombshell dossier from eight days ago, HERE, the company has been working round the clock to cover up what it has been doing. However...
Zoetic International (ZOE) has yet to respond to my bombshell dossier of six days ago which showed clearly it lying to investors, regulators and its - very few – customers. The silence is deafening. There are two possible explanations.
As you are aware, the Standard List is regulated by the FCA which is now considering my explosive dossier on Zoetic International (ZOE) published last Wednesday. But while the FCA considers its position, which as I have pointed out to it, should not be in any doubt, it must act; there is a regulator which can cause it far more trouble. When not engaging in a quick spot of pre-luncheon badger-slaughtering, I have contacted the FDA.
Tomorrow, I shall publish my correspondence with the FDA in America which has the power to shut down the entire business of Zoetic (ZOE) for its serial rule breaches. But for today I stay in dear old Blighty. I published the dossier showing the lies and law-breaking of Zoetic (ZOE) on Wednesday and naturally, being a fine upstanding, badger-hating member of the financial community ensured that the FCA saw the entire document. At 8.36 PM on Friday the regulator got back to me. It says:
Yesterday I showed, outside a paywall, a slam dunk and material lie told by Zoetic (ZOE). It is one of countless lies it has told to mislead investors. But as well as doing its own lying/ ramping, the stock is aggressively promoted by a 3%+ shareholder who also seems prone to telling porkies. It is time to meet John "tell us a tall" Story.
It seems that today’s demonstration outside of a paywall that Zoetic (ZOE) commits fraud by lying to investors has only spurred morons to buy more shares! They are shrugging off yesterday’s bombshell dossier which they did not read but you can HERE. The Company is not ignoring the dossier but is already seeking to cover up some of its crimes as you can see below.
The FCA will by now have had ample opportunity to read yesterday’s explosive dossier on Zoetic (ZOE) HERE. I sense, however, that most folks owning the shares will not have done so since they think not paying £1.99 for a day pass is a cost saving as they prepare to kiss goodbye to their savings. Whatever. It is a false economy for you morons. But for the cheapskates, outside the paywall, I offer you one slam dunk and material lie from that dossier. And companies that tell monster lies to deceive investors are frauds, are they not?
Of course the short interest in Zoetic (ZOE) is utterly miniscule. But of you are a moron like Scuba Steve that does not matter. You will not have read a dossier dealing with facts which shows why the shares are worth 0p and why the FCA should suspend trading. You are a moron. Meet Scuba Steve as he buys Zoetic today.
This uber-ramped but almost insolvent company will not like what follows. Since it is 100% fact based and verified there is little it can do, but if it wishes to threaten me with legal action the response will be "see you in Court Bitchez!". I shall be ensuring that my numerous concerns are brought to the attention of my good friends at the FCA later today.
In a recent bearcast I termed Zoetic (ZOE) a cannabis stock. The company says that this is wrong it is a hemp stock. I am happy to apologise although my thesis of a company late to jump into a bursting bubble and with cashflow issues that require an urgent equity raise is unchanged. But I’m sorry for my sloppy use of language which just shows how long ago it was that I did any first hand personal research into this matter. Now to the apology Zoetic needs to issue.
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