Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 M4DM4Xon May 24, 2019 2:06pm
145 Views
Post# 29771771

RE:RE:RE:When you don't even have money to pay your employees...

RE:RE:RE:When you don't even have money to pay your employees...I posted this last month. So I guess it was option 1.
M4DM4X wrote: Actually, unless you have undeniable proof showing that Invictus is cash positive and has the funds to pay their staff, everything you wrote is a twist of facts as well. When was their last earnings anyways? Do YOU even have a clue what their finances look like? No you don't, so at this point it's anyone's guess.

Also,once again, YOU don't seem to understand how company stock options work; They're generally given at a strike price ABOVE the current trading price, this is literally the why they act as an incentive. So the fact that GENE gave stop options close to the 52w low means 1 of 2 things:

1) - They expect the stock price to drop even further, for example 0.50c/share, so at that point 0.71 cents will be something to aim for and the options could motivate their management work.

2) - They're literally stealing money from the company. I know YOU don't know this, but in the case where an employee excercises a stock option that's ITM, the company will eithe issue shares OR pay out the difference. What do you think most employees do? If this does go up and employees excercise their options (which have no lock-in), they're basically using GENE as their piggy bank. If they were listed on the NASDAQ, the SEC would investigate this behaviour but they aren't on any real exchange are they? Speaking of which, what happened to the NASDAQ listing? Hmmmm... wonder why they haven't uplisted.

But don't worry people, Eoj125 says this is a "positive twist"..... The mental gymnastics you pumpers do is amazing.

Eoj123 wrote:
That's not how it works and it's huge twist of facts to make the statement you made about not having money to pay staff. Companies do this all the time, issue incentive options, I'm not saying I agree with it but they do. The positive twist is ofter management can see corporate improvements coming down the road, so being the fat cats they all are, they pick the low point in the share price to issue options. My bet is things improve from here.




<< Previous
Bullboard Posts
Next >>