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Bullboard - Stock Discussion Forum
Invictus MD Strategies Corp
IVITF
Healthcare
Drug Manufacturers - Specialty & Generic
Cannabis
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...
expansion and received its amended license from Health Canada. Another of its wholly owned subsidiary, connects medical clients to physicians for medical cannabis.
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Bullboard (GREY:IVITF)
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(2)
•••
Medinecheck
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Post by
Medinecheck
on 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
(2)
•••
alphakb123
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Comment by
alphakb123
on 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
(102)
•••
SkataNaFuss
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Comment by
SkataNaFuss
on 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.
(2)
•••
basslift
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Post by
basslift
on Feb 15, 2020 5:03pm
Y’all got Gene’d
Gene Simmons is a crook
(0)
•••
Naulty
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Comment by
Naulty
on Feb 15, 2020 3:10pm
RE:RE:Bankrupt
Pretty grim! Thanks for the reply.
(21)
•••
Predator2018
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Comment by
Predator2018
on 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
(0)
•••
Naulty
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Post by
Naulty
on 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.
(13)
•••
QcTrader
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Post by
QcTrader
on Feb 15, 2020 11:20am
R.I.P Invictus.... what a shlt-sh0w
sorry for investors.
(21)
•••
Predator2018
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Comment by
Predator2018
on 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
(21)
•••
Predator2018
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Post by
Predator2018
on 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
(21)
•••
Predator2018
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Post by
Predator2018
on 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
(24)
•••
Elstauncho
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Comment by
Elstauncho
on 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.
(152)
•••
Eoj123
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Comment by
Eoj123
on 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
(12)
•••
chris579457
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Comment by
chris579457
on 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
(16)
•••
display_name
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Post by
display_name
on 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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