RE:RE:RE:Invictus revenues 415% over same quarter last year What was the point getting rid of that leech Gene Simmons, if you still have leeches like Dixon and his buddies paying themselves 10x what they're actually worth?
For every dollar they're selling, they're paying themselves $3, does this make sense to any of you?
And stop making excuses sheep, this is 100% on DIXON.
Dixon has been onboard in an authoritative position since 2017, and in charge of Acreage since then - The company that took a $6M loan from vultures because he ran it into the ground.
And if you're still clueless who's shorting GENE, it's Trichome. They started shorting the day after the loan was announced when GENE was above 0.33, and have been shorting the poop out of this stock since. They'll cover using the free shares and non-lockup warrants Dixon gave them when they've banked as close to $6M as they can get, mitigating the risk of this loan.
This is literally how every other predatory loan works out, and is usually the start of either bankruptcy or a cycle of "Death Spiral Financing" from this point on.
BUT WAIT! THERE'S MORE!
Dumba$$ Dixon then decided to sell off Future Harvest AT A LOSS of $600,000... Doesn't sound too bad, except that this company was actually making money.
Read about Dumba$$ Dixon's idiocy here:
https://equity.guru/2019/09/20/invictus-md-gene-v-sell-interest-future-harvest-asset-loss-following-auroras-acb-t-footsteps/
At this point, Dixon shouldn't be getting paid anything.
Pay him in 100,000 stock options/year with $1 strike and a 2 year expiration - And THAT'S IT, no money.
PS - If this hits 5 cents, MC would be $6M. Is there 100 of you out there willing to invest $60,000 each to buy this dumpster fire? Not joking.
Medinecheck wrote: revs 415 % up, sounds good for the first moment !
But... net loss doubled from 6 mill to 12 mill ! General expenses only down 200.000, equity loss up 120.000, and over 1.000.000 paid for bonuses, for what ???
No wonder that we flirt with 0.20 cents !!! Hopefully 4th quarter brings a turnaround, cause 3rd quarter i don t expect much.