Post by
Tigerwoods3672 on Sep 11, 2019 1:19am
Faith no more.
""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 options work; They're generally given at a strike price ABOVE the current trading price, this is literally the why they act as an incentive. So the fact that GENE gave stop options close to the 52w low means 1 of 2 things:
1) - They expect the stock price to drop even further, for example 0.50c/share, so at that point 0.71 cents will be something to aim for and the options could motivate their management work.
2) - They're literally stealing money from the company. I know YOU don't know this, but in the case where an employee excercises a stock option that's ITM, the company will eithe issue shares OR pay out the difference. What do you think most employees do? If this does go up and employees excercise their options (which have no lock-in), they're basically using GENE as their piggy bank. If they were listed on the NASDAQ, the SEC would investigate this behaviour but they aren't on any real exchange are they? Speaking of which, what happened to the NASDAQ listing? Hmmmm... wonder why they haven't uplisted.
But don't worry people, Eoj125 says this is a "positive twist"..... The mental gymnastics you pumpers do is amazing.""
Had faith in MJ companies. Not anymore. Say goodbye 10k invested.
Comment by
M4DM4X on Sep 13, 2019 2:27pm
Hey, I wrote that ! Back when GENE was trading over 0.70 cents... Funny how everything I wrote is still relevant. Also funny is how Eoj125 was pumping back at 75 cents and is still pumping this scam company down here at 25 cents...... Wait a minute, is that you Dixon? You make up that Eoj125 nick just so you could pump your scam company?
Comment by
Tigerwoods3672 on Sep 14, 2019 2:59am
Isnt that the truth. I actually hope this company goes to $0.01. It’s a big learning curve for me. Annnnd the idiots saying that they were averaging down. So funny. The whole MJ space is a joke and there is a reason real investors were cautious on entering at the start.
Comment by
Eoj123 on Sep 14, 2019 11:37am
Well said Yowza, however this is what comes to mind re the two you are replying to : "don't cast your pearls before swine"