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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

Bullboard (GREY:IVITF)

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Post by Medinecheckon Feb 17, 2020 6:58am

New Situation

In fact of no cash it would be interesting to know who is paying the employees in the future, i mean these people who run the cultivation of weed , like gardeners, clippers etc. If they dont get paid ...more  
Comment by alphakb123on Feb 16, 2020 2:22pm

RE:RE:Y’all got Gene’d

I agree with you.  People who are successful, are people who keep their heads when things turn bad.....and this look really bad.  But in bad situations there are opportunities.  I have ...more  
Comment by SkataNaFusson Feb 15, 2020 5:58pm

RE:Y’all got Gene’d

Anyone wanna place a bet that this thing will be at 8 cents by the end of next week, and will be at 15 cents by the end of March. You all can keep selling. I'm buying.
Post by basslifton Feb 15, 2020 5:03pm

Y’all got Gene’d

Gene Simmons is a crook
Comment by Naultyon Feb 15, 2020 3:10pm

RE:RE:Bankrupt

Pretty grim! Thanks for the reply.
Comment by Predator2018on Feb 15, 2020 1:52pm

RE:Bankrupt

Your best case scenario is they are able to sell assets to payoff the debts, tax and fees. Even in such best case scenario, expect shareholders to be heavily shafted with say 10 to 1 share ...more  
Post by Naultyon Feb 15, 2020 1:29pm

Bankrupt

So help a new investor out here. How often do these things end up avoiding bankruptcy? There's no possible way they can "restructure their affairs" can they? Looks pretty bleak.
Comment by Predator2018on Feb 15, 2020 10:50am

RE:WORTHLESS SHEET at 0.005 cents

READ COURT AFFIDAVIT (b) inventory issues: the strains of cannabis that are currently being harvested by Acreage in the Phase 1 and 2 Facilities are not in demand, as they do not have sufficient ...more  
Post by Predator2018on Feb 15, 2020 10:23am

WHAT WOULD HAPPEN

AS AN EXPERIENCED INVESTOR, ANY ONE BUYING THIS ABOVE 1 CENT IS AN IDDIIOT. BY THE TIME THE GREEDY BANKERS AND ALL THE HUNGRY LAWYERS AND PREDATORY ACCOUNTANTS FINISHED FEASTING ON THE REMAINING ...more  
Post by Predator2018on Feb 15, 2020 10:08am

WORTHLESS SHEET at 0.005 cents

THEY BLEW $157 MILLION RAISED FROM INVESTORS. READ COURT DOCUMENT 8. The Invictus Group has an immediate liquidity crisis, as it's collective cash balance is only expected to support reduced ...more  
Comment by Elstaunchoon Feb 14, 2020 11:54pm

RE:RE:Here's the affidavit if anyone actually cares to read

If there was an award for the highest level of incompetence they would have everyone beat. Everything I suspected was wrong this letter just confirmed.
Comment by Eoj123on Feb 14, 2020 8:15pm

RE:Here's the affidavit if anyone actually cares to read

OPTIONS ANALYSIS 8.       The Invictus Group has an immediate liquidity crisis, as it's collective cash balance is only expected to support reduced operations for a further ...more  
Comment by chris579457on Feb 14, 2020 6:30pm

RE:Here's the affidavit if anyone actually cares to read

thanks for that ,  see page 28/29   ASSETS K. Assets 97. The primary assets of the Invictus Group include the Acreage Licences, the Acreage Pharms Property, the Phase 1 and Phase 2 ...more  
Post by display_nameon Feb 14, 2020 5:09pm

Here's the affidavit if anyone actually cares to read

https://www.pwc.com/ca/en/car/invictus/assets/invictus-001_021320.pdf If you had a substantial postion then every page read will basically be a gut-punch, but there you go. 
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