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Aphria Inc. APHA

Aphria, which is headquartered in Ontario, produces and sells medicinal and recreational cannabis. The company operates through retail and wholesale channels in Canada and internationally. Aphria is a main distributor of medical cannabis to Germany and has operations in over 10 countries outside of Canada. However, it does not have exposure to the U.S. CBD or THC markets due to the constraints of federal prohibition. It has some U.S. exposure through the acquisition of SweetWater, a craft brewer


NDAQ:APHA - Post by User

Bullboard Posts
Comment by ghkaneon Dec 09, 2018 10:35am
123 Views
Post# 29088627

RE:RE:RE:What will happen if Vic resigns?

RE:RE:RE:What will happen if Vic resigns?
40Baggs wrote: I believe that Vic will knock it out of the park. With the spotlight now on Aphria, it is definately the best time to really step-up the PR game after the rebuttal and put this industry back on the right track. I don't believe he should resign, but they definately need to improve their PR strategy and not be on radio silence for more than 2-3 weeks at a time when major catalsysts are approaching. We all saw how beneficial a 15 minute interview from Brady Cobb was. We need to know where HC approval is, we need to know about Germany, we deserve to be in the know with so much invested! More interviews please!

skyplt wrote: Most of of us are now in the habit of checking the profile of new posters.  I see you signed up today.  I will give the benefit of the doubt and assume you are asking a sincere question and not attempting to throw more FUD at this.  We’ve had enough of that.

The answer to your question is straightforward.  If on Wednesday it is clearly demonstrated that Vic Neufeld exercised appropriate fiduciary responsibility and acted with integrity than at worst he is guilty of not handling the PR of this company well.  Aphria can no longer be the tortoise of the sector.    For that reason I would suggest a friendly resignation and passing of the CEO to Ripstein is in order.  This CEO has done a terrible job of NRs.  Sure, other CEOs have pumped too hard, but APHA has really dropped the ball...and I am not just talking about the last week.  Time to turn the page and let investors know things like the status of HC approvals and other reportable events that those of us invested would like to find out from APHA’s website and not Stockhouse, Reddit, or MidasLetter.

If in fact there is some pocket lining, even if not illegal, and Neufeld is implicated, then he is not doing anything on Wednesday and his replacement will be making announcements about the state of affairs.

As for those wanting to take shots at ProfC or Atheena...I prefer we focus on what next.

I have accepted my situation.  Of the 60K shares I owned, I have realized a net loss of about 350K.  I do not expect to try and regain this with the 25K shares I presently own.  What is done is done.  Whereas at one time I thought 25 to 30 dollars  was a slam dunk by year end, I am hopeful we see that in a year or two “IF” we survive next week.

As for Greco, those damming lies on his resume (for example, apparently been with Hindenburg since 2008, but company not created until 2013) and other obvious inconsistencies clearly dissolved his credibility.  Perhaps APHA will be lucky and follow the path of SodaStream and have a 12 times growth ahead.  I suspect Altria is somehow behind the orchestration of all of this.  

Despite all the apparent good news dropping next week (LHS Monday, Citron Report, APHA rebuttal) I am still nervous.  It’s been over six weeks of bad news in this sector and particularly APHA.  I have been conditioned to expect the worst.  Gawd I hope there is a shift in the wind.


iPhilanthropic wrote: Just a speculative question from a concerned standpoint, but if Vic announced his resignation, do you think that would negatively impact the sp further? Or would that be a fresh start boost Aph needs?

Thanks for your responses.

 




Great post Baggs. Nobody should be throwing Vic under the bus with Greco, Vic is a good leader and he has provided a few good interviews but there is never enough. 
If anyone thinks that Vic would have broken the law and skimmed $ for his own benefit do not know Vic . He is a Chartered Accountant and Aphria is his baby and Aphria has a few highly acclaimed Executives who also have a lot of skin in this game. And as somebody noted, Jakob put big $ in at $8 on Wednesday, so he knows that Vic is innocent in this mess which was caused solely by the criminal shorts. 


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