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ESE - eSense-Lab Ltd

Discussion in 'Stocks 0-H' started by System, Dec 22, 2016.

  1. System

    System Administrator

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    eSense-Lab Ltd is a technology and research and development company specialising in the commercialisation of the phytochemical profiling of plants.

    The Company combines genetics, mRNA, protein expression and phytochemical profiles to generate a comprehensive model of targeted plants. The Company can then use this model to 'reverse engineer' a terpene profile, which is a naturally occurring formulation of different individual terpenes which together, exactly replicate the flavour, fragrance and other characteristics of the targeted plant.

    The Company's lead product is reconstructed cannabis terpene profiles. The Company has developed terpene profiles for 10 different strains of cannabis to date, and has terpene profiles for over 20 additional strains of cannabis under development.

    It is anticipated that ESE will list on the ASX during January 2017.

    http://www.esense-lab.com
     
  2. greggles

    greggles I'll be back!

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    ESE reversing its year long downtrend in the last few days, but will it last? ESE currently up 49.2% to 9.7c so far today with an intraday high of 16c.

    The company has just completed a huge placement of 105,000,000 shares at 3c a share raising $3.15 million. The number of shares on issue will increase from 71,139,304 to 176,439,304 as detailed below:

    screenshot-www.stocknessmonster.com-2018.10.18-14-25-05.png

    The company received an ASX Aware letter dated 16 October in relation to their announcement of the same day in which it informed the market of the sale of seven litres of eSense's Super Lemon Haze strain e-liquid to a UK based company. The ASX wanted further details of the transaction, information relating to the timing of the announcement and confirmation that the company is in compliance with the Listing Rules.

    There seems to be a lot of unhappy and skeptical ESE holders out there on other forums and some have described recent corporate shenanigans as a "pump and dump". Based on ESE's 12 month share price performance, I can certainly understand their skepticism.

    No idea where ESE is headed but with 105,000,000 new shares it's probably going to be hard to make serious ground in the absence of real revenue growth.

    big.chart-ESE.gif
     
    aus_trader and barney like this.
  3. barney

    barney

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    You have condensed the current situation well Greg:xyxthumbs
     
  4. barney

    barney

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    Interestingly, I had not "bookmarked" this thread … so given I took a small position in ESE a few days back, it is almost amusing :eek:

    Chart and price action are very non-committal …. I have a top up buy at 0.021 cents, but in reality, it should not be hit …. this is one of those random pie in the sky Stocks ….. could be brilliant, could be crapola ….. my kind of punt lol :confused:
     
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