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Invictus MD Strategies Corp IVITF

Invictus MD Strategies Corp is a cannabis company with a focus on the Canadian cannabis space, offering a selection of products under a wide range of cannabinoid profiles that fit the demand of the company's medical clients and retail customers. Its wholly-owned subsidiary's Phase I and Phase II facilities are in full production. The company's 50% owned subsidiary has completed its Phase II expansion and received its amended license from Health Canada. Another of its wholly owned subsidiary, connects medical clients to physicians for medical cannabis.


GREY:IVITF - Post by User

Comment by chris579457on Feb 14, 2020 6:30pm
279 Views
Post# 30694083

RE:Here's the affidavit if anyone actually cares to read

RE:Here's the affidavit if anyone actually cares to read
thanks for that ,  see page 28/29   ASSETS


K. Assets 97. The primary assets of the Invictus Group include the Acreage Licences, the Acreage Pharms Property, the Phase 1 and Phase 2 Facilities, and the Phase 3 Facility (the construction of which is not complete). According to the appraisals that the Invictus Group has obtained, the Phase 1 and 2 Facilities and the Phase 3 Facility (the construction of which is not completed) have a significant "value-in-use". I have not attached copies of these appraisals, as they contain sensitive commercial information that could materially harm the restructuring of the Invictus Group if public. 98. Based upon my review of the books and records of the Invictus Group, I do verily believe that the assets of the Invictus Group are recorded as follows:
(a) assets of Invictus: Asset Value cash and cash equivalents $213,491 accounts receivable $359,013.31 prepaid expenses $649,734 loans receivable $9,586,193 investments in associates $24,701,653 LEGAL*49707501.6 ~~:3 (b) assets of Greener Pastures: Asset Value cash and cash equivalents $858 accounts receivable $3,583 (c) assets of Acreage Pharms: Asset Value cash and cash equivalents $138,635.65 accounts receivable $1,554.70 prepaid expenses $79,094 biological assets $423,738 inventory $3,011,750 property, plant, and equipment $30,888,855 (including the Phase 1 and 2 Facilities, the Phase 3 Facility, and the Acreage Pharms Property) intangible assets (the Acreage $36,629,832 Licences and Leaf Wise's intellectual property) goodwill $13,987,546 (d) assets of Leafwise: Asset Value cash and cash equivalents $19,921.15 accounts receivable $15,021.24 property, plant, and equipment $260,183 intangible assets $708,945 goodwill $632,003 LEGAL*49707501.6
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