Invictus MD Strategies Corp IVITF

RE:2020

[CommodityCowboy]

This company is obscure to say the least. Everything they've done over the years has had a tinge of shady, house of card of cards feel to it in retrospect.
To name just a few - Claiming to pay a dividend which never came through when it made no sense to for growth, anything Gene Simmons related including GENE Etics and Money Bag Soda, constantly outright lying about target timelines and production capacity, 7 to 1 reverse split for a supposed uplist onto the Nasdaq, anything related to PODA spinout which only made it evident PODA as a company was worthless, every deal such as GTEC that fell through, hell they literally owned a company last year called "Prestige Wordwide" with a reference to Step Brothers.
Then there's this last ditch hope story we've all bought into about Trevor Dixon who founded Acreage Pharms wholly owned by Invictus, which has HC licensing for flower, oils and edibles. He and his sister appear to be majority shareholders and have been averaging down steadily to keep the company afloat. I can't find a LinkedIn profile for this supposed CEO or a single picture of him on Google. As far as I can tell, Marc Ripa 50% owner of AB Labs is the only person to ever do an interview article where you can actually find a picture of him as he too has no LinkedIn or Google presence.
To speak to why they haven't been class actioned into oblivion, I think you hit the nail on the head with there not apearing to be any institutional investment. I bought into Sundial years ago after touring the facility just prior to them getting a HC cultivation license. They uplisted on the NASDAQ last year and due to a single claim of a piece of glove in a shipment resulting in a small recall, there's a class action currently dragging them down because they've gone from $13 to under $3.
I've lost a pile of money on this one as I've averaged down hard and I truly hope they can keep afloat with the current assets they have, but I guess only time will tell.