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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 > Invictus revenues 415% over same quarter last year
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Post by Yowza123 on Sep 27, 2019 1:50pm

Invictus revenues 415% over same quarter last year

Financials on Sedar
Comment by GoodLuck14 on Sep 27, 2019 3:37pm
Very good numbers indeed. You must read the report for better information and you will see that GENE is on the good track.
Comment by AlanTrisdale on Sep 27, 2019 6:19pm
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Comment by Medinecheck on Sep 28, 2019 9:07am
revs 415 % up, sounds good for the first moment ! But... net loss doubled from 6 mill to 12 mill ! General expenses only down 200.000, equity loss up 120.000, and over 1.000.000 paid for bonuses, for what ??? No wonder that we flirt with 0.20 cents !!!  Hopefully 4th quarter brings a turnaround, cause 3rd quarter i don t expect much.
Comment by Yowza123 on Sep 28, 2019 10:57am
I realize the company has had a lot of negatives this past year but those who made the bad decisions are gone. The capacity of the company is about to triple very soon. With a little napkin math 2.5M/Q x 4Q = 10M/yr x3 (for new output) = 30M/yr - our current market cap!!!! Diamond in the rough here people. A great time to get on board a company whose SP has already gone down, unlike some of the ...more  
Comment by gamos99 on Sep 30, 2019 2:54am
$2.5M quarterly revenue is great but not happy about the big net loss. The cost of getting rid of Gene Simmosn and Canandia = $9 million ( I think you call these goodwill writedowns, i.e. the potential value of the company was lowered). You can kind of look past the GS and Canandia stuff, but concerned that the regular costs are still so high.   But with better revs. (certain due to oil ...more  
Comment by M4DM4X on Sep 28, 2019 5:11pm
What was the point getting rid of that leech Gene Simmons, if you still have leeches like Dixon and his buddies paying themselves 10x what they're actually worth? For every dollar they're selling, they're paying themselves $3, does this make sense to any of you? And stop making excuses sheep, this is 100% on DIXON. Dixon has been onboard in an authoritative position since 2017, ...more  
Comment by Yowza123 on Sep 28, 2019 9:12pm
Show me where you get the information that Dixon gets 10X what he's worth. Or any real info on what he makes. Acreage and AB Labs are what's right with Invictus. Oooo they got a loan, cry me a river... I have way more faith in Dixon than what you're pushing.
Comment by Tigerwoods3672 on Sep 29, 2019 1:07am
Man this is great stuff.  Thanks for the insight.  I dont even care anymore that ive got 8K gone up in smoke.  I want to see how this plays out now.  Have too big of a loss now to lose sleep over.
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