Radient Technologies Inc V.RTI.H

Questions are being raised between ACB & RTI’s dealings

[Harvey082]

https://www.google.ca/amp/s/ca.finance.yahoo.com/amphtml/news/aurora-cannabis-ties-to-bc-firm-raise-questions-about-fluffedup-sales-162644302.html

[Frumpster]

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[lscfa]

Just as I suspected.....   image: https://media.stockhouse.com/embed/balyjg01q2yrdctdftl8g8wkep/1/thumbnail lscfa (168) User Actions   October 12, 2019 - 03:22 PM 84 Reads  Post# 30225711  0 RE:They are processing shake Radient says it  "has secured buyers for the majority of these

[Harvey082]

Sounds like the sale was due to low EBIDA and Aurora needed the sale to flow more towards positive territory . It's not just us complaming anymore about the lack of transparency on RTI's part now it's being published in articles. This can work to our advantage. Now they are under the microscope. 

[Shazam57]

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[Toyota]

I agree. They had enough money to buy this,process it and sell it.Who cares if ACB bought it back or other companies as long as they made money.On another note,when is the October meeting and can we ask questions?        

[Shazam57]

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[Toyota]

Thanks.Anybody going?

[Shazam57]

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[AaronEggs]

I never saw 21 million come off Radients balance sheet. I see 21 million sold by Aurora, but nothing on Radients end .

[Shazam57]

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[JesseB]

Radient's q1 2020 report says they purchased 19.5 million from Aurora July 8 2019. It goes 9n to state they have secured buyers for this bio mass. Quite reasonable to think LPs that are lacking production capacity to build derivative products will buy from Radient. Aphria was clearly lacking capacity to meet initial obligations for supply agreement. How nice this report is issued the day ACB

[Frumpster]

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