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Red Light Holland Corp. C.TRIP

Alternate Symbol(s):  TRUFF

Red Light Holland Corp. is a Canada-based company. The Company is engaged in the production, growth, and sale of functional mushrooms and mushroom home grow kits in North America and Europe, as well as a premium brand of psilocybin truffles in the legal recreational market within the Netherlands. Its subsidiaries include RLH Netherlands BV, RLH Farms BV, Red Light Holland (Subco 1) Inc., SR Wholesale B.V., Red Light Acquisition Inc., and Radix Motion Inc., among others. Its product line consists of the iMicrodose kit, Maka Magic Truffles, Home Grow Mushroom Kits, MisterCap, and Wisdom Truffle, among others. The Maka magic truffles line, including the Hollandia, Makanaut, Muskoka, Mexicana, Atlantis, Double Vision, Old Dutch and Utopia varieties, is designated as a Responsible Use Psychedelic. Wisdom Truffle is a smart figurine that helps people build healthy patterns using meditation, monitor their phone usage, and take positive action to reduce their carbon footprint.


CSE:TRIP - Post by User

Comment by BrokerGon Oct 29, 2021 11:20am
140 Views
Post# 34063404

RE:This is really not looking great!!!!

RE:This is really not looking great!!!!Sorry to see you go ABC. But this is what happens when you have lost momentum or pace. NO signitficant direction and not in markets that will provide growth in the short term. If they are relying on the recreational shroom market, then ABC is right. It is over short term. Maybe in 2 -3 years we may see the first real trends in legaliztion.

The only saving grace is that cash of 30 million does provide a floor. As I mentioned before, if we value the company on cash alone, it is worth .10 cents a share. So we know that is our floor. This implies that the rest of their assets are worth zero. THis is basically what the market is saying.

I apologize for repeating myself, but they have to get institutional support and they only way that is possible is to get on a " real" exchange. Bruce is wrong in saying Toronto or Nasdaq is not worth it. It provides legitimatecy to the company. I don;t even care if they reverse split to see that happen. Maybe  a 4 for 1 deal. Get on a credible exchange and promote this to institutions. What is the problem?
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