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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 Burch71 on Apr 04, 2020 12:54am

Outlook

Maybe a stupid question, What’s the future look like for this sh&t situation? I was in for the long haul but see things have crumbled badly. I’d appreciate some decent advice has what to do
thank you
Comment by Yowza123 on Apr 04, 2020 1:24pm
For starters, don't take any advice from all the knuckleheads on this board. DYODD.
Comment by Eoj123 on Apr 04, 2020 10:29pm
Burch, you tell me what your options are and I will tell you what to do.... My point being, unlike the clown with his head up his butt on this site, you have no control of what will happen now. I sold for a huge percentage loss because I did not want to surrender control of the remainder if this dog got halted, and here we are. So, to answer your question, you don't have a choice, you go for ...more  
Comment by CommodityCowboy on Apr 05, 2020 11:06am
Very true, but even if trading weren't halted on the Canadian side, would you want to sell for 4-5 cents? There are still some silver linings in this debris of destruction which shouldn't be overlooked. You might be down a few thousand, but no one has more skin in the game with the ability to backstop till profitability or sale than the Alberta Treasury Branch. Licenses aren't ...more  
Comment by hfofjehfgfjfrvf on Apr 05, 2020 3:56pm
This post has been removed in accordance with Community Policy
Comment by DanielDarden123 on Apr 06, 2020 10:27am
Burch, I would suggest that you search Ascent Industries to get a feel for the probable process. They are still halted a year later and out of CCAA, but seemly floundering. There are now 13 cannabis CO’s. (at least) in CCAA and adding each week so assets are plentiful.