TSXV:NDVA.H - Post by User
Comment by
geodcanon Dec 05, 2023 3:37pm
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Post# 35769746
RE:RE:Indiva has
RE:RE:Indiva hasMe either!
That is one of the problems that competition can be real competition and those old awards could be lost to newer players with skus that are as good or better.
Bhang had so much potential but was ipo'd at the worst of times for cannabis companies in general.
Never got any traction at all as a publicly traded company.
Not the only one though. I had the same thing happen with BRIC, launched their ipo at the same time and proceeded straight to being delisted for lack of reporting.
A dirty little fact is that while these companies get delisted, suspended or halted they still get traded down to nothing on the US exchanges which I don't think is fair at all.
I noticed RBC got a $7 million fine from SEC for money laundering infraction and that is a Canadian bank who are supposed to be better than most but instead the fines aren't significant enough to stop the nefarious practice by these guys and it is investors that pay for it, everytime.
As an investor I would like to see the SEC hit these guys hard enough to prevent this "business as usual" practice in it's tracks.
It is a dirty little world run by big money and I pray for more Reddit/Gamestop moments where the retail investors put the screws to the guys that are changing the game in their favour, more and more everytime you turn around.
It is getting to the point that I don't want to play with guys that are stacking the deck with all of their new creative investment vehicles that only benefit them!
glta and dyodd