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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 HaulJockeyon Jul 17, 2022 8:44am
97 Views
Post# 34829663

RE:TRIP: Soon To Declare Another Loss of over 1 Million

RE:TRIP: Soon To Declare Another Loss of over 1 MillionI haven't the time or the resources to investigate, but if I did and wanted to invest heavily in this stock,

I would first find out who they bought this farm from. Any connections?

Was the farm sold twice in the last year or so? How much did it sell for in the first sale if it was?

Next would be to look at the deal itself.

Does the seller retain ANY ownership in ANY way that would see ownership revert back to the seller in the event of a default?

The reason for this question highlights the deal Robert Abenante of Abattis Bioceuticals Corp made when buying Gabriola Green Farms, on a remote island off the coast of B.C. that takes two ferrys to get to for 25m. [url=https://www.google.com/maps/dir//Gabriola+Island+Farm,+1035+Coats+Dr,+Gabriola,+BC+V0R+1X4/@49.1494452,-123.8199284,1083m/data=!3m1!1e3!4m8!4m7!1m0!1m5!1m1!1s0x5488a7f592eb5b99:0x76f798a3573ea1e4!2m2!1d-123.8181141!2d49.1524621]MAP[/url]     The deal was for only 90% however, the other 10% owned by CannaNUMUS Blockchain Inc.

To make a long story short, not sure what happened to that deal because Abattis was well on it's way to going belly up less than a year later. If you look at the map, to the south of the "farm" address, there's a small greenhouse operation, that's not it. Anyone see anything worth 25m for 90%? So where did the 25m go?

So TRIP is not Abattis, but due dilligence should be a must prior to dumping money in a stock that's in constant decline and losses year over year.

But hey, I haven't seen the farm, could be great. Anybody seen any pictures? Anyone have an address? What's the market value for the area? Did they get a deal? WHERE IS IT?!!!

If they do liquidate it eventually, who will buy it? Better question is, who will they sell it to....?



Flagshipzilla wrote: Another 1 million loss and more as per previous quarters plus cost of 100 useless acres and the dumb Wiz deal bringing us nothing.

Blah!


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