GREY:SIXWF - Post by User
Comment by
throwaway11on Jan 27, 2023 7:42pm
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Post# 35251334
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:The News didn’t help. What a disappointment.
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:The News didn’t help. What a disappointment.Just to add the detail to look up related to my claim here is "Interim Order No. 3." I may acctually have just been wrong in what I posted there based on the semantics here from GC's own website:
As some COVID-19 testing devices are no longer considered to have an urgent public health need, applications for these specific categories of devices will no longer be accepted under Interim Order No. 3. IOW certain kinds of COVID-19 tests are already very well established and available and they won't be spending more time on them. SIXW's test may not fall under this.
So my bad.
throwaway11 wrote: Agreed nothing is soon enough to offset more dilution. I did some research a while ago and didn't get around to posting it, but it turns out Canada no longer has an expedited approval program for COVID-19 tests. This is frankly a huge blow to both SIXW and whoever their licensing partners are.
Won't pretend I understand what is going on with Magnus. Iscfa seems to have a better idea than I do based on what he read in the MD&A. Speaking of which, I see 2022's third quarter was just released. I absolutely don't want to read it and hat is off to anyone who can stomache what ever it is in right now.
Happy weekend.
BadenBaden wrote:
Sorry if I confused you.
My point was exactly your point that the cannabis sector has been a major disappointment (although I made a good amount of money out of it) as it is overhyped, manipulated by wallstreet & other exchanges, still an unknown market, last but not the least it's still big in the underground market. Yet SIXW chose to use portion of the debenture towards that side (AESI being cannabis/botanicals).
I hope this risk is worth it because I don't think they have anything else in the pipeline anyways except for Magnus. Rest are all MOUs, LOIs or product testing (been like this for YEARS)