Invictus MD Strategies Corp IVITF

Split

[Dcoyote]

I hate it when companies do a split. Jan 21st Invictus anounced to split 5 to 1 . Uggg just to qualify for Nasdaq 3.00 minium SP. Just noticed this news now don't know when it is suppose to happen. 10,000 shares will become 2000.

[display_name]

Nasdaq applications take 4-6 weeks on average. It's been more than 6 weeks since application was submitted. Reverse will be done any day now followed by uplisting. It is a net positive and shorts have had 6 weeks to try and bring the SP below 0.8 to force split ratio revision. They haven't been able to so any negative price pressure associated with the split should be priced in by now

[StockTakers]

This post has been removed in accordance with Community Policy

[display_name]

Incorrect. They have a target of 189,000 square feet for 2019 and 284,000 square feet of expansion already funded. Page 9 of their investor deck.

[ManUnited]

Hi display_name, you seem to be very familiar to the Company, maybe you have a helpfull theory why INVCITUS is still so unknown, despite Gene Simmons. I dont like him, but have to agree that he is still a popular person. I am invested in some other Cannabis companys and most of them get more Attention that INVICTUS. Any idea?

[display_name]

Because its only traded OTC and on the TSX venture exchange, institutional players like mutual funds and ETF are typically barred from holding stocks who are not listed on either the NYSE or one of the NASDAQ exchanges and have a price above typical thresholds like $3 and $5. Once listed on NASDAQ capital market exchange these barriers to institutional investment will be lifted.

[ManUnited]

Hmmm...OK, lets see. And what do you think about the reverse splitting? I mean, its two different things if go NASDAQ with a "natural" stock price above 3, 4 or 5 dollar or if you have to be "creative" to reach the neccessary level. Ar you not worried about that?

[display_name]

Market cap remains unchanged. You don't seem to be grasping how a fungible asset works.