Invictus MD Strategies Corp IVITF

Invictus MD Strategies Corp is a cannabis company with a focus on the Canadian cannabis space, offering a selection of products under a wide range of cannabinoid profiles that fit the demand of the company's medical clients and retail customers. Its wholly-owned subsidiary's Phase I and Phase II facilities are in full production. The company's 50% owned subsidiary has completed its Phase II expansion and received its amended license from Health Canada. Another of its wholly owned subsidiary, connects medical clients to physicians for medical cannabis.

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Invictus MD Strategies Corp

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Comment by TheActuaryon Jun 10, 2017 10:16am

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Post# 26348566

RE:RE:RE:Big drop $1.5

K2 Fund is selling their previous shares. They had a balance of 3.4M shares (acquired at 1.65) that was increased to 10.4M shares with the last PP. They will want to decrease their position over time (they are overweight in this stock) and keep the warrants. To make good money, they will need the share price to go well over $2.35 to exercise their warrants of the second PP they did. I prefer to be on the same side than institutions. Even if K2 Fund didn't participate in the 3 PP and was fulfilled by investors from Canaccord, they would also sell a portion of their investment and have the warrants in play.

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