GREY:IVITF - Post by User
Comment by
fmab011on Jun 18, 2019 12:03pm
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Post# 29836087
RE:New 52-week low... 39 cents
RE:New 52-week low... 39 centsA little scary but would be unusual for the company to address its SP.
Invictus is on its 3rd CEO in a year.
Doesn't appear the company had a sense of direction before Trevor Dixon took the wheel a couple of weeks ago. He fired a bunch of people immediately and had the company issue a release (somewheat vague) on average sale price of dry weed out of acreage pharms.
At the end of the day, it's all about sales and profitability. The market determines the value of a company. Promises mean nothing.
Dixon has a lot to lose and it doesn't take a genius to figure out that, as the largest shareholder in the company, he is the right guy for the job. I just hope he has a healthy heart. It's going to be a bumpy ride. For all of us, let's hope the ride starts going uphill.