GREY:VDQSF - Post by User
Comment by
Griffin60on Jan 15, 2019 1:47pm
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Post# 29234837
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Anyone out there?
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Anyone out there?OK, what is this telling us? I am hoping that VP is part of the 428.
Saintlyface wrote:
As of May 25, 2017
- 1665 applications received
- 265 have been refused
- 428 applications are in progress
- 69 have been withdrawn
- 858 were incomplete and have been returned
Griffin60 wrote: It has taken considerably longer than others to get a licence. They need to be licenced to cultivate first. Then they will need to pass an introductory inspection of their facilities, processes and record keeping. Assuming they pass that, they will need to apply for an amendment to their licence to permit sales, followed by a pre sales inspection. The only actual confirmations I have seen from Vodis are that they have passed the personnell security clearances. Again, these clearances are performed at the beginning stages of the process, but were not completed until 4 years after Vodis says they started trying to get a licence. While I continue to hold my Vodis shares and hope for the best, I have seen very little evidence of effective management of the company.
Saintlyface wrote: Yes it has taken longer than others and I am sure if you go back through the history of the company you should find valid reasons for the delays (I investigated a few). As I mentioned before, they are in the final stage and just need to get approved to sell after the evidence package was submitted. So we will see what happens.
If they were missleading to the investors, we can report them to the CSC and then we can just file a class action lawsuit to sue them for everything they have done. No big deal.
Griffin60 wrote: My concern here is that, while they "started" the process in 2014, the March 21, 2018 news release (below) speaks to the completion of the key personnel security clearance stage. This is done very early in the process, according to HC.