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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 > Here's the affidavit if anyone actually cares to read
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Post by display_name on Feb 14, 2020 5:09pm

Here's the affidavit if anyone actually cares to read

https://www.pwc.com/ca/en/car/invictus/assets/invictus-001_021320.pdf

I
f you had a substantial postion then every page read will basically be a gut-punch, but there you go.
Comment by chris579457 on Feb 14, 2020 6:30pm
thanks for that ,  see page 28/29   ASSETS K. Assets 97. The primary assets of the Invictus Group include the Acreage Licences, the Acreage Pharms Property, the Phase 1 and Phase 2 Facilities, and the Phase 3 Facility (the construction of which is not complete). According to the appraisals that the Invictus Group has obtained, the Phase 1 and 2 Facilities and the Phase 3 Facility  ...more  
Comment by Eoj123 on Feb 14, 2020 8:15pm
OPTIONS ANALYSIS 8.       The Invictus Group has an immediate liquidity crisis, as it's collective cash balance is only expected to support reduced operations for a further period one to two weeks, on the  basis that it's employees and trade vendors are not paid. How this closed above 2 pennies is beyond me
Comment by Elstauncho on Feb 14, 2020 11:54pm
If there was an award for the highest level of incompetence they would have everyone beat. Everything I suspected was wrong this letter just confirmed.
Comment by HEREANDTHERE321 on Feb 15, 2020 1:41am
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