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FYI, ATB Financial never "gave" Invictus $25.5M. It is a DEBT financing loan. Every dollar a bank or credit card company loans is also fully insured to help minimize the risk of the lender to a company or individual.
It has not just been myself experiencing a difficult time contacting a live person from the company. Let's face it, the company has been around for over four years, not exactly new to the market.
From the valid DD I have performed and shared with everyone, this company is like a pail of water, with a bunch of holes in it. If no one else noticed the PODA deal was a pretty swift way to syphon millions from us, now this Darwin production's Inc that is apparently the same kind of deal. New companies providing ZERO returns with a pile of liquid assets "invested" into them.
If no one has any answers, we are either being deceived or flat out lied to. Must be nice for some people to have absolutely no problems with obtaining the information, because the vast majority can not. If some of us can/do, it has been leading to dead ends.
Too many pop out of nowhere companies receiving millions of dollars for any investor or potential investor to not have any speculation or concerns imho.
Good luck everyone.
All imho.
We're all in the same boat my friend. Hopefully things pick up soon as I am pretty sure there are many of us that are not independently wealthy, and have experienced significant realised/unrealised financial loss.
Sincerely.
Thanks for the update. Interesting bump at EOD.
We're you able to obtain any info about darwin production's Inc?
Apparently no communication, lack of, or partial information is ok with some people. Appreciate you making the call and sharing the info.
Very strange indeed. There's something just not sitting right here. NASDAQ requirements also include prompt answering of telecommunication.
Let me guess, Invictus is now in the middle of a major network upgrade that will cost a few more million dollars that will be paid to some newly founded company that only exists on paper, let's also issue a few more hundred thousand shares to whoever for whatever.
Seriously lmao!
This is becoming ludicrous.
"To bolster the Company’s profile, Invictus has enlisted Darwin Productions Inc. (“Darwin”) to provide investor relations and marketing services. The Company’s contract with Darwin is for $25,000 CAD per month. In addition, Darwin will provide a direct mail scheduled for distribution in early March. This campaign will cost approximately $500,000 USD and reach nearly 500,000 households in North America, providing company information to build brand awareness.
The Company has also granted 250,000 stock options to a certain advisor of the Company. Each stock option has an exercise price of $1.00 and is exercisable into one common share of the Company. The options vest immediately and are exercisable over a period of five years. The stock options were granted subject to the terms and conditions of the Company's Stock Option Plan."
Source:
https://ih.advfn.com/stock-market/USOTC/invictus-md-strategies-corp-IVITF/stock-news/79253722/invictus-hires-interim-chief-marketing-officer-and
No addresses, no website links, no names.
Kind of like the PODA deal. Very illusive, imho.
Anyone have any idea of who Darwin productions inc is?
http://darwinproductionsinc.com
From what I have found, the website was only recently registered in October 2018.
Site itself is only one page, kind of like the PODA venture before the spin off.
Registrar info:
https://www.whois.com/whois/darwinproductionsinc.com
Is this the company Invictus is shelling out half a million dollars to?
Latest press release is quite vague to say the least.
Really looking like an umbrella company with a bunch of hollow shells beneath it. Where's all that money really going?
Agreed, let us know. Take care.
Quite honestly okast, I have no idea who was the recipient of those 150,000 shares. From what another poster here was relaying from Jessica Simpson, all of that information can be found at the sedar website in the Invictus unaudited financials.
Agreed by all I am sure, we as the investors AND potential investors should have more updates to alleviate questions and concerns. Feels like a sinking ship some days even with all the supposed good stuff happening in the background.
With all of this new "stellar" management in place, you would think they would know better...
"the purgatory" too funny!
Have a good one dude, and to all!
Thank you for your kind words. Even if you are not holding shares, you have every right to an opinion and share information imho.
Will continue to research and share my Invictus findings.
Yes, I am a shareholder of Invictus. Also holding a pile of worthless Poda spin off stock... Some dividend...
On a side note, anything less than "critical thinking" when the sector and overall markets are performing so poorly is not prudent.
For a fledgling company with good promise to be blowing millions of dollars in every which direction is flat out irresponsible.
Invictus' targeted "awareness campaign" from press release is to spend $500,000 to make 500,000 households "aware" of their company/brand over a six month timeframe.
Does that sound like money well spent?
Really?.....
If I knew nothing about the industry and how it operates, I would keep my mouth shut. Been in the IT industry for 25 years. Please do not patronize me about not knowing what I am talking about.
Been self broker since 1997. So 26 years of experience there.
Being in the business of webmastering for many years has gained myself a lot of experience.
Worked for ATB Financial when I lived and operated business in Calgary, AB.
Pretty sure I know what I am talking about.
My question would be: How reliable of a source is MailChimp? Sounds like monkey business to me, pun intended lol!
Is this one of the new marketing platforms that Invictus is paying $45k for each month for the next 6 months? Part of the awareness campaign?
Seriously, MailChimp?!.
Let's see how many more hundreds of thousands and millions of dollars will be given to whoever for doing whatever for getting no positive results.
Geeeeeez!
Disappointed to say the least...
Like the guy I spoke with yesterday from NASDAQ said to me at the end of the call "good luck"...
Spoke with a few people from NASDAQ today in an attempt to obtain listing status/information. Concrete answer they could provide was to search Edgar Filings:
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001737647&owner=exclude&count=40
From the looks of it, still a (((LONG))) way from up listing IF Invictus can meet up listing requirements.
Supposedly no changes can be made after initial submission, I am at a bit of a loss as to what is happening here. What I do know from NASDAQ website, there are no application filings for Invictus' IPO for the months of January or February of 2019.
No RS has happened to potentially bring Invictus stock to NASDAQ listing requirements. Imho, potential and current investors should be looking into this "delay" or whatever it is.
Hate to say it, but it looks something like our recent Poda spin off and gtec deal. Let's put out a bunch of fluff pr's with no follow through.
IF the company is on the level, why are there no updates? Seriously, how long does it take to have someone photograph a few snapshots and get a press release together for phase 3 and 4 expansions? How long does it take to update a website?
It was really convenient for millions of investors dollars to be tied up into Poda for Invictus to no longer be associated.
It's been over 6 weeks since NASDAQ application was supposedly submitted. Still no filing information on NASDAQ site. What's going on here when the average application takes 4-6 weeks? RS still not taken place.
Hmmmmm....
Strange imho.
Maybe I'll try an email this upcoming trading week. Getting through to Jessica via the phone has not brought me any communication thus far.
Came across the identical information here:
https://www.investopedia.com/ask/answers/nasdaq-listing-requirements/
Had attempted telephone communication with Jessica Martin, left a detailed message two days ago, no returned call. Called Invictus investor relations twice today so far, directed straight to the answering machine...
Jan 2nd, 2019 NASDAQ listing requirements show a $4 minimum.
Downloadable PDF straight from NASDAQ website illustrates this:
https://www.google.com/url?sa=t&source=web&rct=j&url=https://listingcenter.nasdaq.com/assets/initialguide.pdf&ved=2ahUKEwji9_Lb7czgAhWLZd8KHceWD4oQFjARegQIBhAB&usg=AOvVaw1HCEqNSNqdg2TrIkxgVSHj
The proposed split is 1:5 one share for five, not five for one.
Like I posted yesterday, there is no NASDAQ listing data for Invictus thus far and the split has not even happened as of yet. Imho, I will go with what NASDAQ is providing as concrete information and Invictus ps as whatever.
Go to the source for reliable information.
NASDAQ.com still not showing any information for the up list/ipo/filing.
We have unaudited files with many corrections.
When invictus actually has their financials audited and full transparency, up listed to NASDAQ, then we can talk.
Many unanswered questions.
Average NASDAQ application takes 4-6 weeks to be processed to either gain approval or not. We are coming pretty close to that and Invictus has still not performed the 1 for 5 reverse split in order to have the $4 USD share value listing requirements.
Consider 1 for 5 reverse split at current value is still not enough for listing approval. Maybe Invictus should have stuck with the original 1 for 7 split.
Would have made sense to me, imho.
Other expenses that have to be taken into consideration are air fare, lodgings, meals, car rentals when traveling throughout the world. Guaranteed everything was first class all the way to the bank. Not cheap! Probably at least a few hundred thousand more dollars not accounted for bringing all of that public awareness.
Can not imagine catering to rock legend Simmons has been anything less than extravagant. Five star everything,
Still looking for that "right" buy in point. Reminded about that childhood story, tortoise and the hare, certainly the company has been moving fast, so fast it neglected many essential steps to gain shareholder confidence. Imagine the GTEC deal, let's merge/acquire without sound financials, or any at all...
Let's see if they can pull off the NASDAQ listing, then we'll have transparency.
It's not difficult to put the puzzle together when you have all the right information.
Anyway, see you all tomorrow.
Never said the company was a scam. Why would you think that? Just posted SEVERAL very important facts about where the company currently stands and what real investors are looking at or should be looking at.
On paper, at the moment, Invictus has MANY issues that need to be addressed. If some people can not look at the company for what it is, agreed, hit the eject button. Unfortunately I tried but it malfunctioned and I got locked in with PODA lol!
Now all I can do is keep digging.
What we were all hoping for Invictus to be and what it actually is, are two completely different things. If my points of topic were not valid, I implore constructive criticism.
There are literally tens of millions of unaccounted dollars. Talk is cheap, show me the money!
No financials for 2018, friend of mine has reminded me about that. Is this due to old or new management? Nothing to worry about, right?
All of those millions of dollars lent from ATB Financial also unaccounted for. Gene Simmons received millions of dollars for misrepresentation of the company and substandard, childish presentations. Could not even get the web address correct (invictus-md.org) in early presentations, think that might account for lack of "evangelism"?.
Jessica Martin's missing financial numbers in public awareness campaings in spreadsheets presented that are publically available to view via video online. It would have only taken a couple of minutes to update during the authoring.
No updates for phase three and four expansion for many months.
Millions of other shares being awarded to "select employees and board members". Who are those people and what constitutes the deservance of such issuance?
All illusive PODA spin-off that cost investors millions of dollars invested into a company that likely still does not have a product, that you now have to pay the IRS, just for the privilege of holding. Lucky investors that have to pay for the dividends that are ABSOLUTELY WORTHLESS. What?!.
NASDAQ application that WILL fail at current value. With so much missing and non reporting data, nothing to worry about.
Supposed "guaranteed" GTEC deal fell apart to make the company "biggest in the west".
But hey, we got $25M from ATB Financial and millions of dollars of investors money tied up doing whatever and going to whoever.
Cannabis cowboy stores that were supposed to be up and running Oct 17 2018, nowhere to be seen.
Management and board turn overs quite frequently.
More money out the door for public awareness on speculation that for every dollar spent another household would be made aware. No guarantees on sales, just being made aware.
Pretty sure I could do up a banner ad and find a marketing company that charges 0.01-0.03 cents per ad directing it to either the company's website or pr or paid pr. Was a webmaster for quite a few years. Administrated several sites. But that's bringing awareness.
There are so many millions of unaccounted dollars here it is not even funny...
You know, I am not even sure why anyone would worry about any of this, at all. Seems all good right.
Looks like green pastures.
Good luck everyone, this is all jmo.
Do your DD :)
Richard.
Indeed, VERY low profile, like it does not even exist.
Just asking a simple question. eom
From what TD Waterhouse told me, you can "gift" the shares to the bank (TD) in our case and avoid the fee's, and be rid of PODA. If what you are saying is true that Invictus and PODA are now separate entity, we all just got the wool pulled over our eyes and sucker punched.
Why have we not seen any pr about this!?.
Millions of our dollars have been thrown/given away on forward looking statements just to be flushed down the toilet on ventures that never came to fruition. Not surprising, that's why I have been asking questions and sharing so much information.
PODA is worthless because there is no exchange listing and no real product. Everything I researched and shared was %100 correct. From what others have shared, Poda has not even applied for an exchange listing to date.
This company, Invictus, is seemingly becoming more and more of a "horror show" every waking day.
See you all tomorrow, and sincerely, good luck with your ventures.
Anyone else wondering why management is turning over all of the time with Invictus, or is it just me. If these people came from such high profiled positions and companies, what happened in order for them to work for Invictus. It has been a question on my mind for a while now.
Thoughts on the subject would be appreciated.
NASDAQ listing not looking so good if the current trend continues.
OKAST, thank you again for sharing the information.
Everyone of us will be charged a fee from the IRS because we hold Poda shares that are worth nothing issued by a company (Invictus) that has no proof of product or sales.
Talk to your brokers for verification. This is seriously bad for us.
Basically, we are all getting ripped off. PODA deal was a total sham.
So let's say there are one hundred thousand pre Poda investors out there. Each person has to pay the IRS $38.00 USD which is $3.8 million dollars. PODA company on paper is only worth just over $1.9m.
What's going on here.....?
To date, I have still not seen any evidence of an Invictus product being sold, at all, ever... No proof. At all... Ever...
This still blows me away. Certainly pulled a fast one over all of us.
Pay for your worthless shares. When I was talking to my broker earlier he said the only two recourse of action would be to gift the shares to the bank/brokerage house or fight the IRS. Sit on the worthless shares, give them away to avoid fees.
How is it legal for the IRS to take that money from us on a worthless stock just for owning it due to a spin off?.....
Unbelievable... Feeling so blessed.
Geez, the rewards just keep pouring in.
Thanks for the PODA info, as difficult as it has been to swallow, at least it was the truth.
Enjoy the workout!
This is turning out to be a real garbage company waiting to be taken to the curb.
Surely, if ATB Financial knew what they were investing into now, the loan never would have happened.
Verified with TD. Just got off the phone. Only way to avoid the fee is to "gift" the worthless stock to the bank.
Just keeps getting better and better. Invictus just keeps screwing over their investors.
Should be receiving letter mail with confirmation soon from what my broker told me.
This is one of the shadiest companies I have ever invested into.