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LSE:ZOE

Zoetic International PLC

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Market:
LSE
Market Cap:
£8.47 m
Price
4.90 GBX
Change
0.00%
52 weeks high
13.89
52 weeks low
2.56

In terms of our individual areas of operation, our strategic objectives are as follows:

  • Zoetic Organics, the wholly-owned subsidiary of Zoetic, aims to distinguish itself as a leading premium and organic producer of CBD products in the United States and internationally.
  • Colorado shale – spearheaded by our East Denver Project, we expect revenues to be more than sufficient to cover overheads for 2019 with 8 wells currently producing. We continue to examine opportunities to expand the project area as well as evaluating new development opportunities for our portfolio.
  • Highlands Water Resources – our innovative plan to address water shortages on fracking sites is already delivering revenue. A core objective for 2019 is to seek to expand these operations and therefore secure a stable services-based revenue for the Company.
  • Kansas nitrogen discovery – this may represent the most exciting development for Zoetic in 2019. We have delivered our first commercial sales to organic cannabis growers in Colorado and, based on the level of enquiries and ongoing discussions we have at present, we anticipate further positive developments over the coming months.
  • Enhanced oil recovery – we believe that our re-fracking and well protection technology, DT Ultravert, remains a potentially disruptive influence on the oil & gas industry and we continue to examine profitable applications. Securing a proprietary nitrogen supply will make it far more cost effective. Alongside this, but a longer-term objective, is our carbon dioxide asset.
  • Montana Project – this represents a more speculative opportunity for Zoetic. Sustainable gas production marks a critical milestone but further work is required before the resource becomes economic.

CBD

Following its hydrogen-nitrogen gas discovery in western Kansas, Zoetic explored the opportunity of utilising its gas mixture as an organic agricultural yield enhancer.

After the successful testing of its gas mixture on various agricultural products and the passage of 2018 U.S. Farm Bill, Zoetic decided to vertically integrate its gas with organic industrial hemp growing operations. The industrial hemp and the CBD derived from the industrial hemp are fully legal in the United States under the federal law and, likewise, the sale of CBD products in the UK is also permitted (subject to observing certain restrictions on THC content).

Zoetic aims to distinguish itself as a leading premium producer of CBD products in the United States and internationally.

In April, Zoetic signed its first commercial sale and distribution agreement with Schrader Oil and Ox Distributing to sell its first retail consumer products in 18 convenience and gas station stores in the State of Colorado. The first line of products sold in the stores will include pre-rolled CBD smokables, ready-roll papers and CBD chew pouches.

Zoetic and its distribution partners are actively working towards expanding their sale and distribution operations across the United States.

The company secured its initial organic hemp flowers from a local organic hemp farmer. Zoetic plans to grow approximately 30,000 annual plants from its indoor growing operations in De Beque, Colorado and initially plans to cultivate 16 acres of outdoor growing operations in Palisade, Colorado.

The Board believes that the Company’s yield-enhancing gas mixture, organic operations, all-season genetic testing and indoor growing facility will position the company to be a market leader in organic CBD products.

 

  • Future growth opportunities:
  • Expanding outdoor growing operations to 100 acres by 2020
  • Further develop Zoetic plant genetics
  • Broadening the product spectrum with various CBD consumable products and lotions
  • Establishing online retail sales platform
  • International expansion starting with the United Kingdom and Europe

 

Natural Resources

Colorado Shale

Enhanced Oil Recovery

Kansas

Highlands Water Resources

Montana

 

UK, Perth

US, Denver
US, Palisade

CHIEF EXECUTIVE OFFICER
Nick Tulloch

Nick has advised companies on the UK capital markets for over 20 years. He has worked for several well known investment banks and stockbrokers, including Cazenove, Arbuthnot, Cenkos and Cantor Fitzgerald, holding senior roles at a number of them.

He has extensive financial advisory and corporate broking transaction experience and, with a particular focus on oil & gas, Nick has worked on several cross border transactions in many parts of the world. Prior to joining Zoetic, he was the company’s corporate finance adviser for four years and assisted in many of the company’s fundraisings and corporate transactions.

Nick is based in the UK and, in addition to his duties as Finance Director and Company Secretary, will also support the ongoing development of the Company’s investor relations strategy.

Nick began his career by qualifing and practicing as a solicitor with Gouldens and he holds a masters in law from Oxford University. He also stood for parliament in 2017.

 

LEADERSHIP TEAM: VICE PRESIDENT OF LAND
Eric Anderson

A third generation Landman, Eric continues the legacy of his father and his grandfather who began his career in the Williston Basin in the 1950’s. For several years, Eric worked in the field as an independent Landman, negotiating oil & gas contracts in many of the ground breaking exploration and development plays in the Rocky Mountain Region. In 2011 he became a member of the Executive Management Team for a major oil & gas land company to lead new business development, foster client relationships, and manage the company’s leasing projects and field crews. In 2015 Eric began consulting on land projects with Zoetic International, and later that year joined the Company as Vice President of Land. At Zoetic Eric oversees all matters relating to land including negotiations, contracts, title, leasing and GIS work.

 

CHAIRMAN
Paul Mendell

Paul is an oil and gas producer and co-founder of an AIM listed iodine producer, Iofina. Paul owns interests in over one hundred producing oil and gas wells which he has developed or from properties he acquired and were subsequently acquired by larger firms including Andarko, EnCana, Noble, Bill Barrett Corporation and others. This production is in Colorado, North Dakota and Oklahoma. Paul has made three new discoveries which were acquired by large companies including Enron and others. He is a self-educated geologist and is a well-respected developer of new concepts in exploration for oil, gas, iodine and other commodities. Paul also worked for Mendell Energy; a Denver based independent oil and gas producer.

 

HEAD OF INVESTOR RELATIONS
Eric Boyle

Eric Boyle has over 30 years’ experience in stockbroking, fund management and investment banking. Prior to joining Zoetic International plc on a formal basis in 2017, Eric was a partner of Smith &Williamson Investment Management LLP. During his career, Eric co-founded two London-listed companies, SR Pharma plc, where he was Chairman until 2004, and Zoetic International plc in 2015. With the experience gained in studying a diversity of stock markets he has held directorships in three London-listed closed-end funds, including Atlantis Japan Growth Fund Limited where he was a director from 2000-2016. During his career he has raised new capital for several groups launching in both developed and emerging markets.

 

CRO
Antonio Russo

Antonio Russo is a cannabis and hemp industry expert dating back to 2010. Co-founding two cannabis companies encompassing five fully licensed retail stores and three cultivation facilities nearing 100,000 total square feet  and the number 1 organic pre-roll selling brand in Colorado.

Antonio was a former board member of MIG (Marijuana Industry Group) formed to help craft Colorado’s earliest medical cannabis regulatory framework. MIG is the largest and oldest trade association for licensed cannabis business. He was instrumental in the progression of Colorado Amendment 64, marked as an electoral first worldwide.

His passion for creating memorable brands and bringing life to products that influence positivity are inspiring.

 

CHIEF STRATEGY OFFICER
Trevor Taylor

Prior to joining Zoetic, Trevor Taylor was the CEO of District 8 Holdings, the number 1 organic pre-roll selling brand in Colorado, the first state to legalize recreational cannabis in the United States.

Previously, Mr Taylor was a partner and analyst at The Redstone Group, a multi-strategy merger and acquisition brokerage firm, and was the co-founder and COO of Old West Oilfield Services.  Mr Taylor helped take the company from initial concept through the final exit in just over five years to Cerberus Capital Management, a global investment firm.  Old West was a leading fluids and frack sand logistics services company serving major operators in five US basins.

Mr. Taylor graduated from Colorado State University with honors and a degree in Civil Engineering. He is active in his community serving on multiple boards.  Mr. Taylor spends his spare time operating a commercial stone-fruit farm in Palisade, Colorado.

The Company is incorporated and registered in England & Wales with registered number 09309241

UK Registered Office Address: The Walbrook Building, 25 Walbrook, London EC4N 8AF

US Address: 220 Josephine St., Suite 200, Denver, CO 80206

 

Phone: 0044.1738.472.029

For emergencies please call: 001.866.922.1066

Email: [email protected]

Financial Adviser and Broker

Cantor Fitzgerald Europe, 1 Churchill Pl, Canary Wharf, London E14 click here

Auditor and Reporting Accountants

PKF Littlejohn LLP click here

Solicitors to the Company

DAC Beachcroft LLP, 100 Fetter Lane, London, EC4A 1BN 

Public Relations

IFC Advisory Limited, 24 Cornhill, London, EC3V 3ND 

Click here for info on Significant Shareholders