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 > Convertible Debenture racked

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Comment by Kleptocracyon Dec 05, 2018 6:11pm

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RE:Convertible Debenture racked

That was the last 500,000 of the 2.5M loan provided to GTEC by Invitctus that can be converted to GTEC shares. The interest rate is 8%. Invictus got the money by borrowing it from another entity at a lower interest rate.

In addition Invictus has a letter of intent to buy GTEC to complete their vertical integration from growing through to retail

Invitus also has the right to convert the loan to shares in GTEC and GTEC has agreed to buy 30% of it's 3rd party pot from Invictus.

So even if the LOI does not turn into a completed agreement it is a win for Invictus.

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