RE:RE:ACREAGE PHARMS LTD. SIGNS NON-BINDING TERM SHEET Bro, i just checked up and dixon still has like 10 million shares, nothing on his sister, so you;re wrong, he still has shares. But i also looked up the acreage transaction, dixon and his sister sold it in 2017 to invictus, and then dixon stayed in charge of acreage till today, right?
And now they need more money for acreage? what the heck was he doing all these years?
I mean, he was in charge, how did they lose so much money that they need another loan?
Also, I subscribe to new cannabis ventures, i'm not sure about this canandia thing but according to them it cost invictus 29 million, and they seem to have paid most of it. So now what happens? they wasted all that money?
I'm trying to understand this, anyone can explain it?
M4DM4X wrote: So basically Trevor Dixon (and his wife) scammed Invictus into "buying" Acreage for approx $40M back in 2017 - A company that didn't have a license at the time, and now Dixon wants access to financing to pay himself even more money while putting the company in debt?
Doesn't sound like a crook at all, nope.
https://www.newswire.ca/news-releases/trevor-dixon-and-brenda-dixon-announce-acquisition-of-securities-of-invictus-md-strategies-corp-620621153.html
Also notice, no hold period and short expirations on the warrants, and you can be damned sure he cashed all those out and dumped those shares whenever the SP hit over $1.50 (which suprisingly it did back then).
You guys naively keep pointing out "Dixon owns shares!" Who cares? Does he and his wife sitll have all 23M SHARES they got when they scammed Acreage onto GENE shareholders?
How many shares has he already dumped?
And of course he did a little token buy a month ago, for a mere $500,000 to gain shareholder trust. This is exactly how con artists work, they get your trust through a small cost on their part, and then take you for all you're worth.
https://www.globenewswire.com/news-release/2019/07/09/1880275/0/en/Invictus-announces-Closing-of-Non-Brokered-Private-Placement.html
And now, he pulls this $6M scam on us, not bad, only cost him $500K to gain our trust.
Dixon's going to milk this company into bankruptcy, while lining his pockets all the way down.
IMO
I honestly feel bad for anyone who went heavy on this garbage, I bought HEXO and OGI at the same time as this turd, and if it wasn't for those two stocks I'd be hurting.