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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

GREY:IVITF - Post Discussion

Invictus MD Strategies Corp > When you don't even have money to pay your employees...
View:
Post by M4DM4X on Apr 26, 2019 4:24pm

When you don't even have money to pay your employees...

You just give out stock options!
Who cares about shareholder value am I right? Gene Simmons definitely doesn't!
___________________________________________________

Vancouver, BC, April 26, 2019 - INVICTUS MD STRATEGIES CORP. ("Invictus" or the "Company") (TSXV: GENE; OTCQX: IVITF; FRA: 8IS2) the Company has granted 200,000 incentive stock options to certain officers, directors and other eligible persons of the Company. The options are exercisable, subject to vesting provisions, over a period of five years at a price of $0.71 per share.
Comment by Eoj123 on Apr 26, 2019 5:49pm
That's not how it works and it's huge twist of facts to make the statement you made about not having money to pay staff. Companies do this all the time, issue incentive options, I'm not saying I agree with it but they do. The positive twist is ofter management can see corporate improvements coming down the road, so being the fat cats they all are, they pick the low point in the share ...more  
Comment by AafabVentures on Apr 26, 2019 6:05pm
Signed up to say "I agree". 
Comment by ketchenergy on Apr 27, 2019 11:03am
thank you for the correct point of veiw on this one. 
Comment by Hunter34 on Apr 29, 2019 3:07pm
My bet is they do not improve as next options priced even lower with zero intentions of a higher share price. Disagree but that is what has and will continue to happen here.....
Comment by M4DM4X on Apr 29, 2019 3:20pm
VERY questionable as to why the gave stock options at pretty much their 52 week lows, and this would support a theory that the management expects stock price to drop further.   But don't worry, some pumper will repsond and try and refute your statement using their emotions instead of facts.
Comment by M4DM4X on Apr 29, 2019 3:14pm
Actually, unless you have undeniable proof showing that Invictus is cash positive and has the funds to pay their staff, everything you wrote is a twist of facts as well. When was their last earnings anyways? Do YOU even have a clue what their finances look like? No you don't, so at this point it's anyone's guess. Also,once again, YOU don't seem to understand how company stock ...more  
Comment by M4DM4X on May 24, 2019 2:06pm
I posted this last month. So I guess it was option 1.
Comment by Hunter34 on May 24, 2019 2:20pm
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