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Vancouver, BC / TheNewswire / June 9, 2015 - INVICTUS MD STRATEGIES CORP. ("Invictus MD" or the "Company") (CSE: IMH; OTC: IVITF; FRA: 8IS) is pleased to announce that Focus Distribution LLC, operating as Smokazon.
>>>Related articles:
http://www.stockhouse.com/news/press-releases/2015/06/09/smokazon-com-partners-with-neil-patel
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The fact that we're holding above .15 is very optimistic to me. The company has already led some of the holdings in its portfolio to positive cash flows!
C.IMH
Seeing those 17s tapping again this Tuesday was a great way to wake up! Such solid news out yesterday :)
http://www.cnsx.ca/cmsAssets/docs/Filings/2015/2015_06_08_20_45_14_IMH_Future_Harvest_Patents_NanoDome.pdf
It's good to see accumulation above .15 here. Seeing as company insiders and institutional investors bought in with a warrant for shares over .25, it seems there's plenty of upside potential here yet!
C.IMH
I love this snippet here, thanks for the link, by the way:
The volume here is off to a good start this morning, and it's good to see we poked at those .17s again too! C.IMH is under some solid accumulation :)
First trading session since that solid EOW loading hit! Today should be pretty exciting here at C.IMH, I'd imagine :)
It's great to see that their portfolio companies are already starting to return positive cash flows, StockMasterTalk.
C.IMH
Having access to capital markets in three countries is going to be huge for C.IMH
This announcement is particularly exciting, as the U.S. has the largest financial markets in the world, and IMH will soon be trading in the US under $IVITF!
It's also good to see that EOD volume coming in on Friday, BrazenBull. Likely a telling sign for next week. EOW loading is always nice to see :)
C.IMH
We will see their financing continue to improve in the future. They're going to have more in depth access to capital markets, which is a huge advantage!
Be the first to load pump is coming check ramocorp.com.
Excellent thank you for sharing. My favourite part is this little line right here. They are recently DTC eligible and will be trading on the U.S. OTC as “IVITF”.
GM BrazenBull, I just wanted to share this article here again too: http://tradersboardroom.com/2015/06/05/invictus-md-opportunities-within-fragmented-industries/
So much potential here for C.IMH :)
Good to see we started a little bounce back yesterday, let's see some continuation today! With this low float, it won't take much to get back over .15!
C.IMH
End of week usually slows down a bit across all exchanges, but it'd be nice to see some ask slapping action to end the week. It won't take much to put this back over .15!
Exactly! That's a huge vote of confidence from management, in my opinion. I'm really looking forward to seeing what happens here over the coming months!
It's nice their own staff took place in the private placement at .15
When insiders are investing in their own company at premiums higher than the current stock price, that speaks volumes to where the company is headed, in my opinion.
C.IMH
Absolutely, it is. I'm hoping to see some nice mid-week action to help drive this back up. Over .15 again and we're in great shape to start looking towards that .20 break, in my opinion!
C.IMH
I saw that too! It's true, retail investors follow in the footsteps of the institutional investors. It's good to see such strong institutional interest in C.IMH :)
If a few people soak of this float, it will move very nicely. Saw a great article about IMH from Chris Perry a few days ago. Here is a link. http://www.stockhouse.com/news/newswire/2015/05/26/invictus-md-strategies-c-imh-oversubs-financing-60-grows-war-chest
As we've seen here before, when volume picks up, this can push to .20+ pretty quickly here: http://www.stockhouse.com/companies/quote/c.imh/invictus-md-strategies-corp
C.IMH
The bid whacks we see here are so much smaller than the ask slaps we've been seeing. The bulls are definitely in charge here, they're just loading. Volume can send this low float HARD!
Exactly, it seems to be getting artifically held down. The bidwhacks are super small here (under 5K shares usually), as opposed to the ask slaps, which are usually above 30K. This shows tremendous buyer interest, in my opinion! The bulls are in charge.
Without a doubt Affix.
Solid slap at the start of the day here, we're definitely seeing patient buyers loading up in this discounted price range.
C.IMH
In just January we were up around .25 here, and the company just finished private funding, which included a warrant to buy shares at .25. This shows that the company and its big investors are expecting to cross that threshold again!
With only 33,079,165 shares outstanding here, things can get moving pretty quickly. I'm excited to see what the company does moving forward. They're capitalizing on political shifts in the US opening up MJ markets!
Somebody loaded up some more of the cheap ones EOD on Friday. We're looking good here for upside. The company has got the cash flows that they need here, I expect we'll see some major growth in upcoming quarters.
Good to see end-of-day volume picking up here and pushing us up higher, above .15!
Get out of our way folks. Sell at .50 not down here. Thin float!
Good to see us off to a nice and green start here this morning! Let's see a push above those .15s today! We're nice and thin :)
C.IMH
Ah, thank you for finding that! Yes, that would be a huge reduction, and could increase shareholder value drastically. With that in combination with the improving profitability of their portfolio companies, we're looking to be in good shape here over the coming months, in my opinion.
C.IMH
to reduce the number of outstanding common shares by up to 16.4 million shares invictus-md.com/invictus-md-announces-annual-general-meeting/
The meeting materials will state the Company’s intention to do the following at the AGM:
propose that the number of directors be set at five;
nominate directors for the ensuing year;
propose the re-appointment of Manning Elliott LLP as auditor of the Company; and
propose the creation of a new class of non-voting and non-participating preferred shares. If the new class of preferred shares is approved, the Company intends to enter into an agreement with certain escrowed shareholders whereby escrowed common shares will be voluntarily cancelled and replaced with preferred shares, which preferred shares will be subject to the same escrow release schedules and will only become convertible into common shares if and when released from escrow. If completed, the Company expects these exchanges to reduce the number of outstanding common shares by up to 16.4 million shares.
Yeah! And have you seen today's news, SMT? The company finished their private financing. The terms include a warrant for the investor to purchase shares at .25 / share. We're at .13ish now, so the company and investors seem to think it's possible that we'll see over 100% here.
C.IMH
With a diverse portfolio, INVICTUSMD engages in long-lasting, strategic investment opportunities, which will promote durable growth and shareholder value. The companies targeted for investment must demonstrate specific traits including proven brand recognition, sound management, compelling market that will support growth, sustainable and differentiated advantage over competitors.
That's awesome to hear, BrazenBull! I hope that's reality and not just speculation! With the money they have coming in now, it's a very real possibility that they'd do that to increase shareholder value.
C.IMH
That's huge, no doubt, TradeMe! C.IMH is in good shape here, as many of its subsidiaries already deliver positive cash flows!
Dan Kriznic’s Invictus MD Strategies (CSE:C.IMH, Stock Forum) isn’t sexy yet by daytrader standards, but the institutional dough is beating a path to the vertical integrator’s door.
A private placement financing closed today and brought in $813,100, running roughshod over the $500k figure the company sought when it opened the financing.
Some of those investment dollars came from the President and CEO himself, as did more from CFO Kelsey Chin and Director Colin Kinsley, a situation all the more remarkable coming at a price of $0.15 per share, when the market price has fluctuated between $0.11 and $0.14 of late.
$300k of that raise will go toward locking in a stake in Future Harvest, a 20-year Edmonton-based hydroponics and grow supplies outfit that was one of the first companies acquired by Kriznic in a pick-up spree that took in six deals in six months, including Cannabis Health Journal, vaporizer tech outfit Edison Vape, e-commerce portal Smokazon, information referral service Vitaleaf, and grow facility consultants Greener Pastures.
Future Harvest reportedly brings in over $4m in revenues annually.
Invictus has a $6.4m market cap, with 47.2m shares outstanding.
Read more at http://www.stockhouse.com/news/newswire/2015/05/26/invictus-md-strategies-c-imh-oversubs-financing-60-grows-war-chest#TJl6goWMccAsDcQr.99
huge News out ! Invictus MD Strategies (C.IMH) oversubs financing by 60%+, grows war chest
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Very low float here. I believe I read that they were talking about cancelling some shares. That might just be speculation, but I thought that was written in one of their PR's
Good afternoon IMH, looking promising here for long. Just getting my feet wet with this one, please share some dd with me.
Here's some more good news out for the Canadian medical marijuana sector as well, BrazenBull! The cogs are turning and good things are happening for IMH!
http://www.huffingtonpost.ca/2014/05/22/medical-marijuana-clinical-trial-canada_n_5373658.html
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CAPITALIZATION | SHARES |
Total Issued and Outstanding | 42,017,714 |
Warrants | 4,550,000 |
Stock Options | 750,000 |
Fully Diluted Share Capitalization | 46,567,714 |
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