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.

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Comment by stockgainson Aug 30, 2019 10:04pm

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RE:RE:RE:RE:RE:Reality

have you actually read any of the financial reports? U do realize that Invictus was expected to pay $3.3M within the next month or two as part of the contractual deal that Kriznic signed when he bought Canandia. How would you like TD to pay that amount..by raising more funds by further diluting shareholder or more debt. The deal to buy Canandia was not his deal, he's simply seeing the writing on the wall, which is a $3.3M payment, $10M cash for building out Delta plant and another $7M of future payments...where is all that cash coming from?? Dixon did shareholders a favour by dumping Canandia. No revenue and lots of cash needed to build out and likely many many years of building it

M4DM4X wrote:
Then why didn't Dixon make any moves as director of Invictus from April 25 2017 to Jan 11 2019?

He's not "new blood"; he stepped down for 4 months, and then just came back and took his old position. Why even step down ?

https://www.newswire.ca/news-releases/keith-stein-replaces-trevor-dixon-and-josef-hocher-on-invictus-board-814166641.html

I unfortunately own shares in this garbage, but I bought other MJ plays at the same time so I'm good, but everything coming from Invictus looks like a fraud, and this includes crooked Dixon.

Look at the timeline of the latest scam with Canandia, the payment structure and dates, and how it lines up with Dixon "stepping down" - This is basically what made me look deeper.
GENE is currently a scam company IMO, they've been at it for THREE YEARS and nothing to show for it. Dixon stepped down in Jan 2019 to avoid financial scrutiny for 4 months, and basically do crooked $hit, get payments etc. and now he's back and Canandia is cancelled with 10's of millions lost. Where's all the money from this deal gone, Dixon?
I'm sure his buddy Alon Amit knows.

All Dixon has brought so far is more debt, more loans, and a joke of an earnings = -$35M in expenses on what? $4M in revenue?

All IMO.

Kleptocracy wrote: Just my opinion but Dixon is making the moves I would like to see him make.
I have hope that the end result is that the company becomes internally financing (with cash) for expansion and stops borrowing money and diluting by the end of the year.