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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 chris579457on Jan 17, 2019 1:02pm
184 Views
Post# 29246517

RE:RE:RE:Reverse Split

RE:RE:RE:Reverse Splithere is the deffinition : 

A higher share price is usually good, but the increase that comes from a reverse split is mostly an accounting trick. The company isn't any more valuable than it was before the reverse split. Whatever value it has is just distributed over fewer shares if stock, thus increasing the price.
Outstanding shares refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares. ... They decide to go for the 1-for-7 reverse stock split which essentially means merging 7 existing shares into 1 new share.Oct 26, 2018
Investors who own a stock that splits may not make a lot of immediate money, but they shouldn't sell the stock since the split is likely a positive. A reverse splitworks the opposite way. Those two $5 bills would become one $10 bill. Reverse splits should be met with skepticism.Oct 5, 2018

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