Have to be honest it reads pretty well chp on paper and raising...

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Jamesie05

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01/02/18

08:42

Post #: 30724315
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Originally posted by Dodgers ↑

Key notes from the CHP quarterly

20Four reiterated to be listing NEXT QUARTER

Valuation of 20Four upgraded to $21.6m post ASX listing, putting the companies 39% investment valuation at $8.4m

RFN investment currently worth $1.65m, an increase of 50% from their initial outlay

Already generating revenue with big companies such as Schick, Netflix & Reece

MJLS appointed both CHP directors to the board and were ‘actively pursuing additional cannabis investment opportunities’

Aunt Zelda’s, whom CHP essentially own 25% through there 49.9% ownership of MJLS, already have premium tested cannabis products that can treat a range of medical conditions. They are designing a portal that will allow patients to visit the website and order there products online dependant upon there condition, whilst the Co-founder of both Aunt Zelda’s & Zelda Therapeutics Mara Gordon continues to promote the company and its products

2 expert blockchain advisors were appointed to assist CHP in finding blockchain related deals. As quoted ‘the company has a strong expanding pipeline of global blockchain projects that it is currently assessing and will update investors on outcomes shortly’ also ‘along with our OTHER potential blockchain investments, we see this area as a key to our future growth plans’

2 Malaysian billionaires added to the major shareholders, both taking 5% of the company each & investing $1.3m into the company

‘Chapman’s intends to raise up to $5million at a minimum of 1.8 cents’ - current share price being 1.7 puts that as a safe entry IMO

ALL IMO/DYOR

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Have to be honest it reads pretty well chp on paper and raising at 1.8 should lead to promising acquisition and help list 20four, sold half my holding very tempted to buy more before it clears 2c plus

CHP Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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Have to be honest it reads pretty well chp on paper and raising...

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