GREY:CNTTQ - Post by User
Comment by
stocktradinguruon Apr 04, 2020 5:39pm
357 Views
Post# 30879573
RE:RE:Whoever buys this company...
RE:RE:Whoever buys this company... Yes, I agree... All pot companies are closing sites or have stopped building pot fascilities---because of oversupply, caused by a lack of retail stores in Ontario and Quebec, the two most populated provinces in Canada. So why would any of these pot companies buy TRST at this time? Not likely.
And so it would seem that the only option for TRST is to remain in creditor protection while continuing to work toward compliance with Health Canada's requirements, and to negotiate with Health Canada for the reinstatement of its license to grow and sell pot.
Despite the optimistic news release earlier this this week by TRST, that it intends to rise from the ashes---grow and sell pot--the company could still end up bankrupt, which would mean that all stockholders would lose their speculative investment.
At this time, the TSX and NYSE are in the process of delisting TRST.
The new normal is that Shares of TRST cannot be traded on any exchange---even Over the Counter.
The outcome of this debacle (orchastrated by the former CEO) will NOT be known for several months.
Unless posters are prepared to responded to "news" all comments are essentially speculation.
Every invstor should conduct their own "due diligence" and not believe most of the "horse shite" posted.