GREY:IVITF - Post by User
Comment by
fmab011on Aug 18, 2019 12:49pm
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Post# 30040844
RE:Future is very bright
RE:Future is very brightI hope you're right!
I agree that the new management group has done a great job in cleaning house and running Invictus like an actual business.
But, there are still a lot of unanswered questions. The news releases are very vague about the completion of Phase 3 at Acreage Pharms near Edson, AB. This facility is the key piece to this company.
At the end of the day, we need sales.....both medical and recreational. You can run at full capacity but if you don't have a solid customer base it doesn't really matter how much weed and oil you produce.
Forward thinking statements in this sector mean absolutely NOTHING.
In the end, it's fixed costs vs. Revenue and quarterly profits.
I truly believe Invictus is on the right track and wish Dixon would have taken over a year ago.
Is the SP low? I think so but the market decides that.
Now that Simmons is GONE, a new ticker is needed. Wash your hands completely of him and move forward from this massive mistake.
Lastly, I'm hoping for more transparency. The company owes it's shareholders the truth at all times. What's happened at CANNTRUST has made investors nervous and justifialbly so.
I keep pouring more cash into these guys to average down and it appears the SP has bottomed out. Once we roll into Sept let's see the volume go up.