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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

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Post by ketchenergy on May 01, 2019 6:34pm

wild trades

news coming? strong rebound today
Comment by Eoj123 on May 01, 2019 6:58pm
Yes strange trading lately. Financials should be out soon I believe, maybe we'll see what's behind the curtain. It better not be old man Simmons with no clothes. LoL
Comment by ketchenergy on May 03, 2019 12:36pm
my expectations are low concerning finacials, seems priced in here? I look at some other companies still trading at way higher values...... look at wayl ? its a disaster and still almost 200 million cap? I just dumped vivo for a high % loss, made mistake thinking vivo had assets that had value at the time in europe, dumb buy during period aphria over payed for german assets. with vivo they have ...more  
Comment by display_name on May 03, 2019 3:50pm
I'm not sure if we should be too concerned about financials partially because of how biological assets are required to be declared & accounted for; as soon as product enters their inventory they declare an increase in assets eqaul to fair value of product minus cost of selling. Cannabis companies basically get to put forward sales directly onto the books so as long as they've been ...more  
Comment by lastpick on May 03, 2019 7:43pm
Yes, but cash flow does not improve until sales are made so they will really not be profitable until then IMO!
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