GREY:IVITF - Post by User
Comment by
fmab011on Sep 30, 2019 10:29am
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Post# 30177399
RE:Q2 2019 numbers
RE:Q2 2019 numbersThis is NOT the first time Invictus has not issued at NR about quarterly financials.
Trying to hide numbers on SEDAR is somewhat disturbing. Most transparent companies issue News Releases as shareholders expect information on the books.
I can't blame Dixon for slashing costs. Take the hit now because the the books will not balance themselves in a year with Canandia and Simmons not producing.
Focus on Phase 3 and let us know what's up periodically. Phase 3 at Acreage is the Centrepiece of Invictus. Would really like to know if the deal with the distributor of Medical in Germany is still a go. To my knowledge, the agreement was NON BINDING.
As for becoming a profitable company anytime soon, that's a stretch. Name 1 company in the sector that's in the BLACK?
How much weed is being distributed every month....medical and rec? Why does Invictus not have supply with every province and territory? It should.
Recently, the company agreed to a $6,000,000 loan with a high risk lender in Toronto.
10% interest over 2 year's with Trichrome, a company which has been shorting the stock to cover risk. Hopefully Phase 3 is up and running soon. For survival reasons it has to.
Invictus is essentially out of cash. Let's hope Dixon pulls a rabbit out of his hat. He certainly
be motivated to right the ship. He is the largest shareholder. No idea what he's paying himself but I'm certain he's working his rear end off to get Invictus on the right track!