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Red Light Holland Corp. TRUFF


Primary Symbol: C.TRIP Alternate Symbol(s):  C.TRIP.WT

Red Light Holland Corp. is a Canada-based company. The Company is engaged in the production and sale of functional mushrooms and mushroom home grow kits in North America and Europe, and a premium brand of psilocybin truffles to the legal, recreational market within the Netherlands. The Company has geographical areas in the Netherlands, Canada and the United States. The Company’s subsidiaries include RLH Netherlands BV, RLH Farms BV, Red Light Holland (Subco 1) Inc., Red Light Holland (Subco 2) Inc., SR Wholesale B.V., Red Light Acquisition Inc., Radix Motion Inc. and others. SR Wholesale B.V. is specialized in the selection, distribution and export of products, such as Truffles, cannabidiol (CBD) products, cannabis seeds, smartshop items, headshop products, growshop goods and cannabis bake house muffins, cookies and cakes. Radix Motion Inc. is a technology and innovation company focused on empowering the psychedelic ecosystem with embodied technology.


CSE:TRIP - Post by User

Comment by BrokerGon Nov 23, 2021 10:11am
141 Views
Post# 34156715

RE:RE:RE:RE:RE:Wondering if

RE:RE:RE:RE:RE:Wondering ifWhich bring us back to my thesis earlier. If I was going t buy or merge with  Red Light Holland, I would do so now before they use up the cash in the company. Why not offer .30 cents a share costing you approx 100 million to buy them and then use the cash of 30 million, in Red Light, to pay for the purchase. Seems obvious to me. Unless, any potential acquirer feels they are not even worth $70 million. That is something I cannot explain. What is their intrinsic value? I will wait until I see the finanicals to even attempt to value them.
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