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Bullboard - Stock Discussion Forum Traxion Sab De Cv Ord Shs GRPOF

Grupo Traxion SAB de CV is a Mexico-based company engaged in the transportation sector. The Company provides logistics services within eight business areas: Fright, including intermodal and multimodal services, door-to-door, national and cross-border distribution, among others; Integrated logistics, including logistics management, aerial and maritime services and custom transportation support... see more

PINL:GRPOF - Post Discussion

Traxion Sab De Cv Ord Shs > This quote from an investor in FB
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Post by Buster146 on Feb 05, 2019 9:01am

This quote from an investor in FB

Very important points made here.  How can you sell for big hits on us making a product enter and opening the eyes for all in this industry!  We have good rev coming in none before and also some more important NR coming and you think it’s wir way less then we were before!  This is laughable!
any ways read the quoted info from fb 

The news from Tetra says they decided to test for more mycotoxins than required, besides the main one they look for. Apparently they hadn't found any of them from the time they began looking at that aspect until December 20th, so apparently the lot they inspected at that time came back showing it was contaminated. They've been testing long before December: "In late spring 2018, Tetra initiated a study to monitor the microbial flora in its investigational product in order to validate the storage and drying process used in the fabrication of its investigational product. On December 20th the results of this ongoing study revealed the presence of the 3 mycotoxins in the lot of the investigational drug used for the clinical trials." 
 
Also, "Under the Good Production Practices, there is only a requirement to test for certain mycotoxins, namely aflatoxin and total content of mycotoxins. The cannabis raw materials purchased by Tetra for use in its investigational drug met the requirements under the Cannabis Act and Good Production Practices and tested below allowable limits." That's good to know. We can assume the Cannabis Act will need to upgrade that requirement, and it's going to affect a lot of, maybe all of, the cannabis companies because they're all going to have this problem to watch out for, I would think. Good to find this out now and congratulations to Tetra for discovering and reporting it right away.
Comment by FireStarter1980 on Feb 05, 2019 9:07am
I have to agree, other companies competing with tetra are just going to run into the same issues  which in some ways starts the race over again with terra in the lead since the December discovery  there are positives here 
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