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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

Comment by display_nameon Jan 08, 2019 10:25am
270 Views
Post# 29199876

RE:PODA Announces Share Consolidation and Acquisition of Calif,

RE:PODA Announces Share Consolidation and Acquisition of Calif,"Post-consolidation share for approximately four and one half (old) pre-consolidation common shares resulting in 24.9 million common shares outstanding post-consolidation."

"The Company has also granted an aggregate 4,050,000 incentive stock options to certain officers, directors and other eligible persons of the Company.  The options are exercisable, subject to vesting provisions, over a period of three years at a price of $0.035 per share."

So consolidating to 24.9 mil shares @ ~7.2 cents/share and immediately giving insiders a 50% discount on a volume of shares that will dilute existing value by 16% (volume basis).

Someone said Dan was joining the PODA senior team - inclined to believe it lol.
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