Bullboard - Stock Discussion Forum Invictus MD Strategies Corp IVITF

Invictus MD Strategies Corp is a cannabis company with a focus on the Canadian cannabis space, offering a selection of products under a wide range of cannabinoid profiles that fit the demand of the company's medical clients and retail customers. Its wholly-owned subsidiary's Phase I and Phase II facilities are in full production. The company's 50% owned subsidiary has completed its Phase II... see more

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Invictus MD Strategies Corp > Reverse Split

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Post by Beendiluted on Jan 17, 2019 10:29am

Reverse Split

I hate reverse splits. Has happened to me on more than a few occasions and it always has been a disaster. This is starting to smell like another Isodiol!

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Comment by Tigerwoods3672 on Jan 17, 2019 10:37am

Let’s not forget the confidence from ATB Financial. Give it time people! Most retail stores haven’t even got up and running yet!

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Comment by M4DM4X on Jan 17, 2019 11:16am

Yup. Reverse splits almost always screw over the retail investors. Not to mention the float will be much lower, and therefore the stock price much more volatile

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Comment by Hunter34 on Jan 17, 2019 12:01pm

Always a disaster when management is incompetent and KISS of Death controls share price...

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Comment by chris579457 on Jan 17, 2019 1:02pm

here is the deffinition : Is a Reverse Stock Split good or bad for investors? A higher share price is usually good, but the increase that comes from a reverse split is mostly an accounting trick. The company isn't any more valuable than it was before the reverse split. Whatever value it has is just distributed over fewer shares if stock, thus ...more

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