Invictus MD Strategies Corp (IVITF)

[RPMcKenna1976]

It's a HUGE risk as most are aware. Again showing us there must be major compassion by the b.c. government.

Purchasing Invictus-MD brings major liability if the new company can not meet prior obligations.

Absolute disaster.

[Abundance88]

time will tell

[RPMcKenna1976]

$10 lock, stock and barrel. Too much debt and mess to be picked up by any reputable company without taking on major risk to their own company.

Seriously.

[Abundance88]

I'd vote yes for $10 a share.

[RPMcKenna1976]

Maybe next round I'll put in a $10.00 bid lol.

[Abundance88]

Date for SISP Disclosure as per PWC website has been put off to Mar 20, 2020. Phase 1 bid deadline also moved up to Apr. 24, 2020.
https://www.pwc.com/ca/en/services/insolvency-assignments/invictus/sisp.html

[OD3]

10 dap hits should cure the virus

[OD3]

Forgot emojis don’t work that’s why the ?? ??

[OD3]

.040 x my shares = wtf sigh ?? ??
dust in the wind
Ohhhh shoot I forgot PODA shares will get my $$$$ back
?? ??

[Abundance88]

At this point laughing does seem like the healthiest thing to do. It's like some wacky game show. Can't wait to see the next episode!

[RPMcKenna1976]

Pink sheet demotion on the U.S. side, demoted on the Canadian side with a trading halt. Need court protection from creditors.

That three million additional loan from ATB can't even pay for half of phase III let alone all of the other debt incurred. How many pillars was the original plan again?

Nothing to worry about. Everyone should just sit back and have a good laugh about the whole situation.

Totally legit, right.

[Abundance88]

This only applies to insiders or those with insider knowledge. Also it says company "may" not be making info publicly available. I doubt you think it's funny though.

[RPMcKenna1976]

"Warning! This company may not be making material information publicly available

Buying or selling this security on the basis of material nonpublic material information is prohibited under Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b5-1 thereunder. Violators may be subject to civil and criminal penalties.

https://www.otcmarkets.com/stock/IVITF/overview


ABSOLUTELY HILLARIOUS!

[RPMcKenna1976]

Nice STOP sign pops up when typing IVITF at otc markets:

https://www.otcmarkets.com/

Hillarious!

[OD3]

This is a story about Billy Joe and Bobbie Sue
Two old siblings with nothin' better to do

[OD3]

because I’m a music guy here is theme song for Invictus

Hoo-hoo-hoo, go on, take the money and run
Go on, take the money and run
Hoo-hoo-hoo, go on, take the money and run
Go on, take the money and run

[RPMcKenna1976]

Not very often, especially when scam companies need to be exposed, like Invictus.

[OD3]

Management?? Nobody stuck around they don’t have management.
That is normal I guess.

This is a fact
The Company also announced that Marc Ripa, Interim Chief Executive Officer of the Company, has resigned as Interim Chief Executive Officer and Chief Operating Officer of the Company and any of the Company’s subsidiaries, effective at the close of business on Friday, February 14, 2020. Mr. Ripa will remain as a member of the Company’s Board of Directors to assist with a transition. The Board of Directors of the Company has not yet appointed a replacement for Mr. Ripa as Interim Chief Executive Officer.

[HPAAZ]

Don’t you get tired!!!

[RPMcKenna1976]

Invictus MD Strategies Corp (IVITF:OTCPK)

https://www.cnbc.com/quotes/?symbol=IVITF

[Abundance88]

I guess if it's in bold font, it must be true. Just Wow! Anyway, I'm outta here. Gotta do a few laps in the money bin! LMAO.

[RPMcKenna1976]

Warning! GuruFocus has detected 2 Severe warning signs with IVITF.

https://www.gurufocus.com/stock/IVITF/guru-trades


This is not pretend land.

[Abundance88]

Not with me though. I'm the one with the real facts.

[RPMcKenna1976]

Pretty much undefeated in my observations.

Bunch of heathens in this company eh.

[RPMcKenna1976]

Dead meat. Figured there was no additional information attached. Usual right.

[Abundance88]

My fortune teller is away right now. Nice close though.

[RPMcKenna1976]

It's dead meat. Face the facts.

Where's your link to prove otherwise?

[Abundance88]

Show me the news where someone is facing jail time. Also, they are still trading on the highest level of the OTC, the OTCQX. No Pink Sheets there!!
Try real facts.

[RPMcKenna1976]

Facing jail time, and that's good news?

Downlisted to pink sheets on the otc market is good news?

Wait and see what's next.

Waiting for their next braindead move to bring investors confidence.

Maybe why the POS company is trading at three and a half cents per share. Too many morons on one little boat.

[Abundance88]

This is good news for shareholders. Normally rules 10b-5 and 10b5-1 are set up by insiders to allow themselves to trade their shares without being accused of insider trading. In this case, as the stock is halted, there is a warning to insiders that they cannot sell their shares at this time. That's good news because what shareholder wants any insiders trading for any known reason, especially considering the circumstances.
Thanks RPM. I was wondering about the insiders trading.

https://www.investopedia.com/terms/r/rule-10b5-1.asp

[RPMcKenna1976]

"Warning! This company may not be making material information publicly available

Buying or selling this security on the basis of material nonpublic material information is prohibited under Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b5-1 thereunder. Violators may be subject to civil and criminal penalties."

https://www.otcmarkets.com/stock/IVITF/quote

[RPMcKenna1976]

Proven over time, this company is absolutely-corrupt.

[Mrblabla]

That is fact Invictus chose NOT to sell off assets on the cheap OR take a bad deal (two were offered that I know of) and instead went down the path to continue as a going concern...This does allow breathing room so they can convert AP over. RIPA knows the products that need to be installed (and is already a month or so into into converting AP to fit the AB LABS higher quality, exotic strain and high potency model) the Canadian market is demanding...
Now is time for facts not speculation and as you know kicking sand on the situation doesn't help. Have a good one

[Mrblabla]

All true RPM but read post I sent to OD3 that comes from real DD This I do know.. since the remaining Board and management want to keep fighting (while creditors are at bay) the plan to convert AP over to direction of AB LAB which is Top shelf artisan product in buildings #1 and #2..IS in progress... And I can speak to the fact that they have phase three WEST near completion but need a bit of buildout capital and East side needs a larger sum...(German Deal is tied to East Wing and is not dead yet) and would technically come online if they can secure funding to complete it..From what I have gathered (from digging) it is around 3-4 million for East Wing completion...
Take it for what its worth... I guess my point (at this moment in time) is right now it's easy to kick a three legged dog (does not take away from pertinent thoughts in this process and yes many of the mistakes were idiotic imo), BUT I choose (today) to deal with real DD I dig out myself as joining in to pile on is not going to help people that are underwater make informed decisions (if they are still holding shares like myself).. imho
Have a good one RPM

[Abundance88]

MrBlaBla I totally agree with your post 100%. I believe Invictus can pull this off and get back in the game otherwise I wouldn't be here.

[Abundance88]

It states what it states. I encourage everyone to read it.
https://www.pwc.com/ca/invictus

[RPMcKenna1976]

Their own 297 page affidavit states it. Not just my opinion. Keeping it real.

[Abundance88]

Invictus is not forced to sell off part or all of it's business. If they believe it's in the best interests of shareholders to bring in some investment or sell some assets then it would be announced and shareholders would get to vote on that. Also, through the CCAA proceedings, Invictus is able to pay employees through the restructuring period with a $3 Million extension to the pre-existing loan through ATB. Your claim the product is low quality is just your opinion as is your opinion of their revenues.

[RPMcKenna1976]

Just like being constipated lulz!

[Mrblabla]

Yes and guess what it was worse than you think it was in there (that's a fact and some of RPMs hunches were warranted and Dan Kriznic is a skittish idiot). HOWEVER, the past cannot diminish in any way, that the guys left in the building (who have right idea now after all the pain) and under the worst circumstances possible (for both them and this cannabis sector) have chosen to fight through at this point in time Ripa though he has over a million shares didn't ask for this, as one of the operators (he still has control of his own AB LAbs, he could walk imho) but he has chosen this path to fight through anyway.
I'm as underwater as most anyone here but at this point it looks like they want to battle through this...is it too little too late, i don't know we'll see....imo

[OD3]

Sounds like a normal way undervalued company

[RPMcKenna1976]

Current events: downlisted, trading halt, forced to sell off part or all of the company, not able to pay employees, next to no income, low quality product...

[OD3]

So looking back to All of the past negativity (as some choose to do here) is an exercise in futility imho


Dude what has been positive over last 2 years, absolutely nothing. Just like a forward looking statement it means nothing.

[Mrblabla]

Here's a fact Invictus is not selling out assets on the cheap yet or filing for bankruptcy. The current protection mechanism that Harbir and Marc Ripa instituted is what board unanimously voted for and they have decided to keep fighting and transitioning AP (that's where they stand today)... So looking back to All of the past negativity (as some choose to do here) is an exercise in futility imho.
Have a great Spring Third Leg, look forward to hearing from you when time allows...

[Abundance88]

The reason for halts always comes out eventually, just before the halt is lifted. Companies don't comment on halts until such a time.

[OD3]

If not saying one word while under a week long trading halt is normal then have at it

[Abundance88]

We all decide from facts what is real, not from other's opinions.

[RPMcKenna1976]

Rationalize it however you like, the company is in ruin.

[Abundance88]

Laugh it up but when serious bidders start appearing, things should get heated up pretty fast.

[Abundance88]

Invictus provides a valuable commodity and does what it can to continue to. It's obvious the sector being as it is has been a big learning curve but if all creditors get paid and business grows from there then that's perfectly normal.