Radient Technologies Inc RDDTF

Primary Symbol: V.RTI.H

Radient Technologies Inc. is a science-based company. The Company is a commercial manufacturer of cannabinoid-based formulations, ingredients, and products. The principal activities of the Company and its subsidiaries are engaged in research, development, and commercialization of an efficient and environmentally responsible technology for the extraction, isolation, and purification of soluble products from a range of materials using microwave technology and a customized hydrocarbon extraction platform. The Company is focused on the formulation, manufacturing and launching of value-added cannabis products. It utilizes a proprietary extraction and downstream processing platform that recovers up to 99% of cannabinoids from the cannabis plant. It develops specialty products and ingredients that contain a range of cannabinoid and terpene profiles.

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Radient Technologies Inc > Update from RTI

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Comment by SeanPriceon Jul 06, 2020 11:05am

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Post# 31228538

RE:RE:Update from RTI

After a milion posts repeating "I do not trust what IR says", HarassMasta is now quoting Adam. Now that's funny :)

Damasta wrote:

Stickman wrote: Adam replied:

The government regulations are in flux and only part of the equation. We are also balancing availability of contractors and their specific guidelines, our operating guidelines, availability of our own staff and costs. Because Ed1 and Ed2 are in the same building, its not as simple as having someone in to do some work. We are also balancing what is needed and believe we can handle all work currently needed with capacity from Ed1.

I do not believe there is any discussion on share consolidation. Share price is one consideration, but volume is also a key factor.

The sales leaseback is not off the table, but has taken much longer than expected. We are examining several options to protect against further delays or if terms are not agreeable.

Regards,

Adam