CannTrust Holdings Inc CNTTQ

RE:RE:RE:"Mdjbrown" earlier on posted this video link "Gate Key"

[myfistyourbutt]

Thats my guy Zaidy, always a gentleman... But had no rebuttle at all on this one, except steak.. cmon zaids lets gooo put some effort into it.

ZaidenCore wrote: I agree with most of your post. I was going to give you some view points that i found to be flawed on your behalf of your post pertaining to certain statements of yours revolving around certain parts of your post. I'll just leave it at that. But i do find your post contains too much  "mere expectations of self satisfaction of your desires of outcome" So i have chosen to give you first bite of the medium rare done steak. APRIL IT IS. ....... .hopefully your right and your steak is not BLACK on April's turn out.
I'm not looking for WAR im looking for MONEY.  .....

mdjbrown wrote: Sure did, and as stated in the video, it will be a long, long time before this ever reaches an eventual judicial decision.

The plaintiffs have not yet filed for a certification motion to initiate class action proceedings which will be brought before the courts later this year. That process alone could take many monthes based on the size of this potential class action.

Then comes a common issues trial if the certification motion is successful, followed by a individual issues trial if the common issues trial was successful.

This class action will certainly test the rogue officer / employee litmas test, and the implied responsibility of corporations not aware of a small faction of employees breaching code of conduct rules and regulations under the corporation employ.

That small group of rogue employees are no longer employed with Canntrust, so the argument will likely be:

> The Corporation was not aware these breaches were taking place

> The Corporation swiftly investigated and dealt with the issues by way of immediate termination of those involved as soon as it was brought to the Corporations attention

>  The Corporation along with the Special Committee tasked with this matter are now working diligently to repair the damage caused by those few employees no longer with the corporation.

> The Corporation has now implemented several corporate cultural proceedures to ensure this type of internal breach does not happen again.

In a nutshell, that is why corporations purchase Director and Officer Liability insurance and when this legal suit does finally reach an eventual judges decision after all parties have finished pointing fingers at each other,  which by the way will be years from now, then the appeal process will kick in to stretch litigation out for several more years.

By then Canntrust could be compliant with the various regulatory agencies, turning a profit and as a result creating shareholder value.  

Dont forget, Canntrust has a lot of cash in the bank, which many competitors dont. That goes a long way to corporate longevity when capital is hard to find in a downturn.


Add to that, Canntrust decided to pursue Niagara Facility compliance first as opposed to the Vaughan facility which would have been an easier retrofit, so read between the lines.

Lets see what happens by the second week of April, as that will be a very good indicator of where this story is headed.