TSXV:RHT.H - Post by User
Comment by
Lifeboat1on Feb 22, 2024 11:49am
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Post# 35893423
RE:RE:RE:RE:RE:RE:RE:BCSC slacking off?
RE:RE:RE:RE:RE:RE:RE:BCSC slacking off?So much misinformation in your post. I will just highlight a few. Please do a better job at DD before posting going forward.
1)It's the BCSC not the BCSEC
2) Siskinds admitted in their settlement document with the court that their case was weak and almost entirely relied on the financial restatement misstatement in the October press release. Reliq did not restate revenue but moved revenue at risk to bad debt which Siskinds acknowledged.
3) None of the people named in the BCSC action are current management or board members. No one named in the BCSC action has been associated with the company since 2018. Dr. Crossley got rid of them all.
4) Core Capital did not change their name to Integrated Cannabis. One of the Companies they were invested changed their name to Integrated Cannabis. Core Capital still has the same name. Check their website.
5) If the financials Dr. Crossley signed off on were fake they would have had to be restated but they were not and both the BCSC and TSX.v agreed that the revenue was properly recognized.
6) The stock was not $2.00+ on October 15th it was around $0.85. A very big difference.