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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 Botaniston Feb 13, 2020 2:54pm
142 Views
Post# 30687388

RE:RE:RE:RE:Ravenquest hires adviser, seeks M&A deals

RE:RE:RE:RE:Ravenquest hires adviser, seeks M&A dealsYou're wrong, I first posted prior to Digigro, end of last year.
As I said then, I sold out 10-12c. Up until then I believed george's rhetoric, but something was wrong the share price was going the wrong way.

I researched this patent claim, didn't like what I found out and sold.

Why am I here? Because I was stupid enough to believe all the rhetoric coming from management when clearly the market thought otherwise. I lost money, could have sold at $2. So a bit of anger perhaps. Mainly because of all the misinformation here such as weak Cannabis pricing, we own the premises etc etc. 

If you're a holder you should be angry, management is keeping you in the dark only unofficially disclosing when forced to by articles such as deep dive.

And yes I did read that release in it's entitity. Presently harvesting Edmonton - great, I'll believe it when I see the coin. Unfortunately too much has been said in the past that has been all spin. I also saw the great news about Digigro having over 100 cultivars etc etc

Re Bonify, I never said what the suit was about, just that we were being sued not the other way around as some suggested.

Monzie asset value and market cap are NOT the same thing, EV is probably a closer measure. Assets are shown as $39m in the last financials, probably need to be trimmed a bit, but still substantial. 

There is a very real chance the company could be liquidated if we can't pay our debt. I would put the chance as high, you probably put it as low, nevertheless it is very real. Unfortunately these are usually firesales so no, I doubt there will be anything left over for shareholders.
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