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Bullboard - Stock Discussion Forum 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... see more

GREY:IVITF - Post Discussion

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Post by Camarash on Nov 12, 2018 9:14pm

Pods shares

Can someone tell me if Poda shares will not be traded on an exchange how can they be worth anything?
Comment by Medinecheck on Nov 13, 2018 9:12am
Due to the fact that poda shares will not be traded on an exchange the only value is actually for me that we can decorate our walls at home with that papers....  All strange... CEO changes, heavily dropping quote...GTEC with a market cap of 70 millions gets  2 Mill from Invictus....
Comment by Tigerwoods3672 on Nov 13, 2018 11:32am
I agree with some of that but don’t forget that ATB financial have them a massive loan. Also the company issued shares to their employees at $2.00. And that Cannabis Cowboys brand looks pretty good! So maybe just sit tight and wait the storm out? I am still baffled at what the share price is compared to the rest of the sector. Can anyone that’s smart explain?
Comment by pecraig67 on Nov 13, 2018 1:34pm
Yeah this SP is unreal ,between this an Maricann/Wayland group I’m at a loss.the volume is so low an everything they are doing I have nothing to do but just wait it out.Both of them are bound to get some recognition after financials come out.
Comment by pecraig67 on Nov 13, 2018 1:37pm
Why aren’t the shares of Poda gonna be traded,This might be stupid question but never been involved with spin -off. So what’s the use of shares or will they be traded eventually.your explwould be appreciated.Thanks
Comment by Bdiggins on Nov 13, 2018 1:58pm
Come on guys think about this for a second! The statement no shares will be listed on the exchange .......means on the Canadian exchange .... the purpose of spinning off Poda was to conduct briskness in the US. And due to exchange rules they can’t list...  Poda Shares will be listed good grief ! 
Comment by display_name on Nov 13, 2018 3:42pm
Yes, expect they'll apply to list on NYSE shortly after shares are redistributed. Remember that insdiers are buying right now. They're not doing that before the spinoff because they think they're buying air. With the US political climate threatening to penalize US investors buying into cannabis stocks, or even the possibility of delisting cannabis stocks on americna exchanges (see ...more  
Comment by ketchenergy on Nov 13, 2018 7:31pm
The shares will be listed. Its a spin off
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