TSXV:RLV.H - Post by User
Post by
AlwaysSkepticalon Feb 12, 2021 10:03am
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Post# 32551267
When incompetence becomes Fraudulent
When incompetence becomes Fraudulent The lack of answers to key questions are leading to questions of whether RSM was correct in their insinuation of fraud:
1. You stated publicly that $250k in hand sanitizer was sold in 6 days - yet this has never been shown in public financials.
2. You stated publicly that a grow facility in Ville-St-Laurent and license were in progress - yet this has never progressed in over two years.
3. You stated publicly that US$20 million in PPE would be fulfilled in Fall 2020...yet over half has not even been fulfilled, and none of it has appeared in financials.
4. You have avoided to address all questions anout whether RLV has spent money/warrants, directly or indirectly, to firms/individuals in exchange for pumping activities.
5. You have avoided all questions regarding where the funding needed avoid bankruptcy will come from. The concern is that it will result in MASSIVE DILUTION of hundreds of millions of shares.
This is why every real investor is selling after that disastrous conference call. It's not only a shell...it may be far worse than that.
2 cents coming...