GREY:IVITF - Post by User
Comment by
Mavrockon Feb 21, 2020 6:30am
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Post# 30716431
RE:RE:RE:Invictus gets some needed financing
RE:RE:RE:Invictus gets some needed financingGreat points Chris....I like probably like many others have been with this company for few years and have been apart of this fast falling ride. Yes they have assets however if we look carefully at the latest filing for the court considerations, all I see is more debt accumulating. Really, what is 3 million to a company that owes millions already. They are going to be paying (forgot her position to over look etc) $350+ an hour...wow. I contacted the court appointed moderator and all they said was February 24, 2020 was a court filing in essence to extend the stay of proceedings. I questioned why the original stay was for 10 days and the response I received was the is a standard initial time when originally filed. All I dont want is to be left with a bunch of useless shares ie) PODA which no one seems to know what is going on even with that. My take...get what you can out of what's left before it's all gone. We are all last on the list to getting paid and its unfortunate as I really had huge hopes for Invictus. Live and learn I guess....sure hurt the pockets though.