GREY:IVITF - Post by User
Comment by
ManUnitedon Jun 24, 2019 11:00am
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Post# 29855822
RE:RE:updates
RE:RE:updates
I agree with that. But we have to be prepared for the fact that there will be a lot of negative news. For example, I am counting on a capital increase because the figures from the current report clearly show that INVICTUS will no longer have any liquidity until the end of the year. And I'm also worried that the deal with Germany has to be abandoned. The last CEO wasted too much time and money that there is not enough time left to fulfill this contract. INVICTUS would have to complete Phase 3, grow cannabis, apply for a GMP license, and obtain an export license in the few months to the end of the year. If you look at how long it takes for Health Canada to grant simple cultivation licenses, you can imagine how long it would take to get GMP certification. Incidentally, I would not have a problem with a capital increase. Compared to other companies in the industry, INVCITUS has relatively few shares in circulation. I look forward to the assembly in July, but it will probably not be just positive.