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Ravenquest Biomed Inc RVVQF

Ravenquest BioMed Inc is a Canada-based diversified cannabis company with divisions focused upon cannabis production, management services and consulting and specialized research and development. It provides integrated solutions to companies in the cannabis industry and provides growing and drying technologies, patient and genetic management systems, and security management solutions The company operates through the following segments - Consulting business and Cultivation and Sale of Medical Cannabis.


GREY:RVVQF - Post by User

Comment by BaronBuffetton Jan 09, 2020 1:47pm
155 Views
Post# 30535417

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:lol that's a good one

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:lol that's a good one

Botanist wrote: I'm now a non holder, look on with interest to re-buy when a few concerns are answered.

Why did Bonify terminate our contract? It didn't expire till march I thought it'd be renewed.

Why did all Directors resign including a replacement.

Why did we sack our legal team & auditors?

Heard nothing about Cannabis Biocare. Do you really expect them to buy 1,800 Orbital Gardens when clearly our garden is a clone of the other mobs. This JV is critical to us.

Unfortunately the rhetoric about the next years results never eventuates. George needs to tone down his predictions so they are achieved. 

George needs to give us some color on all these points. Especially reassurance from Cannabis Biocare. 

Most importantly, this legal action needs to be finalized. If we lose this we'll be bankrupt. Even if only a 25% chance, I'm not willing to risk my money.







Why did Bonify terminate our contract? It didn't expire till march I thought it'd be renewed.
 - The objective was to get their license back, not keep runnng the company and George accomplished this.

Why did all Directors resign including a replacement.
 - They were all mining guys. The board gets shuffled as needed and it's definitely a transitional time for RQB. I'm not worried at all.

Why did we sack our legal team & auditors?
 - Again, it's a transitional time. If you can afford better legal council and better bean counters you go for it.

Heard nothing about Cannabis Biocare. Do you really expect them to buy 1,800 Orbital Gardens when clearly our garden is a clone of the other mobs. This JV is critical to us.
 - Yes, I do expect them to continue forward. They're seasoned businessmen at Biocare. Also, we would have been given the bad news if it weren't going through with the JV. And "clearly a clone"?? Do you work for Roto?? Bottom line, there's no threat whatsoever with the JV.

Unfortunately the rhetoric about the next years results never eventuates. George needs to tone down his predictions so they are achieved. 
 - This I agree with.

George needs to give us some color on all these points. Especially reassurance from Cannabis Biocare. 

- He doesn't need to, but it would be nice.


Most importantly, this legal action needs to be finalized. If we lose this we'll be bankrupt. Even if only a 25% chance, I'm not willing to risk my money.
 - We won't be bankrupt. This'll take a couple of years to settle and by then we'll have the cash to deal with whatever may come. No worries at all.
 

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