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.

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Invictus MD Strategies Corp > Bidding process open for takeovers, mergers, Joint ventures

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Post by Yowza123on Feb 26, 2020 10:43am

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Post# 30735365

Bidding process open for takeovers, mergers, Joint ventures

According to the Court order (link below) from the Supreme Court of BC, Invictus is open to bids on the company. Read the SISP section in "Schedule B" at the end of the order. Any interested bidders that have approached Invictus or made an offer must be announced as soon as practically possible or no later than March 10, 2020. April 17, 2020 is the Deadline for the bids. At that time a decision could be made by Invictus as to whether they believe a given bid makes sense. If it does then shareholders will be allowed to vote on accepting the bid.
https://www.pwc.com/ca/en/car/invictus/assets/invictus-016_022420.pdf

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