Claritas Pharmaceuticals Inc V.CLAS.H

If you have doubts, read the post and figure it out

[losingmyshirt]

MinimumDamage wrote:A message from a wise investor that is underated: thed 1983.
I have personaly highlighted in red the critical key informations for your convenience. Thank me later.

March 04, 2021 - 12:30 PM

162 Reads

Post# 32715818

Not Bashing - Just read the info available online.

I urge any new investors who got sucked into to big % moves last Friday and Monday to take an hour or so and read REAL infomation about the company.

https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00021766

Start with the MD&A on Nov 27, 2020 - and work forward from there.

- No CASH on hand (or whatever is left from the $300k they raised @ 0.015 cents)
- No sales, license fees, or roylaties to fund the business in the short term.
- Debt.
- MILLIONS in guarentees, and future stock issuance to "partners" or former debt holders if they are able to pull off a miracle, and actually generate an approval or revenue.

This is the venture exchange - a "grown up" version of gambling. If your thinking about buying now your probably too late. If you bought in - and are now bag holding - dump and preserve whatever capital you have left.

I held the bag on this for a long time - and thanks to a heroic pump last Friday - managed to get out with a couple of extra bucks in my pocket. But that was just dumb luck.

My two cents - DYODD and good luck (because if you own KLY shares - luck is what you will need).

thed1983:

I have followed this company for a long time- made a few bucks here and there trading- was stuck (like everyone else) holding while the company was halted. I am ecstatic that I was able to dump $40k of shares on Friday- for a small $5k profit. 

I am over the moon to get my money back- as I had mentally written this off as a complete loss.

For any current holders; or newbies considering buying this because you saw Friday's action- be careful- the executive management of this company are not honest- there is a history of capital raises- dilution- dumping (then rinse and repeat).

This stock is as much of a sure thing as stacking on "0" at the roulette table. There is a chance- but the house normally wins.

[Rezjen]

You have sold and taken profit then why are here EVERYDAY writing post, bashing, arguing and do on. Kid, grow up - you have been warned, humiliated so many times and even after that you come here to waste your time?  show some skin, leave.