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Red Light Holland Corp. C.TRIP

Alternate Symbol(s):  TRUFF | C.TRIP.W

Red Light Holland Corp. is a Canada-based company. The Company is engaged in the production and sale of functional mushrooms and mushroom home grow kits in North America and Europe, and a premium brand of psilocybin truffles to the legal, recreational market within the Netherlands. The Company has geographical areas in the Netherlands, Canada and the United States. The Company’s subsidiaries include RLH Netherlands BV, RLH Farms BV, Red Light Holland (Subco 1) Inc., Red Light Holland (Subco 2) Inc., SR Wholesale B.V., Red Light Acquisition Inc., Radix Motion Inc. and others. SR Wholesale B.V. is specialized in the selection, distribution and export of products, such as Truffles, cannabidiol (CBD) products, cannabis seeds, smartshop items, headshop products, growshop goods and cannabis bake house muffins, cookies and cakes. Radix Motion Inc. is a technology and innovation company focused on empowering the psychedelic ecosystem with embodied technology.


CSE:TRIP - Post by User

Post by suomynonaon Jul 09, 2021 1:01pm
213 Views
Post# 33521732

Consolidation Enriches The Board Not Investors

Consolidation Enriches The Board Not Investors

Consolidation to raise the price is no better than an artificial (i.e. fake) revaluation, real investors know that, and that's why the price drops.

Consolidation at 4:1 (bringing shares to $1.20) would reveal TRIP has to put in a buffer of $0.20 to stay above a dollar and remain in institutional investor territory...so expect at least 5:1 if they take the shyster route.

Real value is based on fundamentals like revenue, profit, and credible plans for expansion and M&A, and you earn institutional support by reaching a dollar on your own, not by steadily dropping 50% from your highs.

If TRIP has to consolidate it's just bad news, and an admission that they bit off more than they can chew... so just hope they can climb on their own and with the support of regular investing folks.

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