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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 expansion and received its amended license from Health Canada. Another of its wholly owned subsidiary, connects medical clients to physicians for medical cannabis.


GREY:IVITF - Post by User

Bullboard Posts
Comment by Omegabon Jan 07, 2018 4:31am
376 Views
Post# 27299748

RE:RE:RE:RE:Any thoughts on where this stock will open Monday?

RE:RE:RE:RE:Any thoughts on where this stock will open Monday?

If it moves to that level, warrants will be exercised, fully funding it to 50,000 kg.

At a conservative profit of $1.50 / g, that's 75 million in earnings, take out tax and you have ~50 million in net income.

P/E of 20 gives it 1.0 billion market cap, meaning a $8-10 share price.

It will most likely end up at $6, you have to discount the share price for risk. Obviously in this sector we have valuations going way above these assumptions anyways. I wouldn't be surprised if it goes over $6.

Bullboard Posts