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Just some normal churn as profit taking will consolidate the stock here and there. The stock will move higher. Volume is quite strong and there is a lot of healthy interest.
GLTA & JMO
New 52 week high.
GLTA & JMO
Looks like we will open at $9 today
GLTA & JMO
$1.56 now.
Just wait until all the brokers get sorted out and shares become free to dump.
LOL
Toxic notes on deck to take this back down to sub-penny.
Believe it.
GLTA & JMO
What?
LOL
That is wrong on so many levels.
I cant even make this stuff up.
GLTA & JMO
Invictus' Acreage Pharms to Become a Registered Cannabis Supplier in Saskatchewan
VANCOUVER, Sept. 11, 2018 /PRNewswire/ - INVICTUS MD STRATEGIES CORP. ("Invictus" or the "Company") (TSXV: GENE) (OTCQX: IVITF) (FRA: 8IS1) is pleased to announce that its wholly-owned subsidiary, Acreage Pharms Ltd. ("Acreage Pharms"), has been granted conditional approval to become a registered supplier with the Saskatchewan Liquor and Gaming Authority ("SLGA") once legislation is implemented on October 17, 2018. In the interim, and subject to any federal restrictions, Acreage Pharms is eligible to supply product to authorized provincial wholesalers and retailers in advance of October 17.
Invictus MD (CNW Group/Invictus MD Strategies)
"We are thrilled to become a registered supplier in Saskatchewan, our third provincial agreement behind British Columbia and Alberta," said Dan Kriznic CEO and Chairman for Invictus. "We can feel the momentum building ahead of legalization on October 17, 2018 and are actively seeking agreements with additional provinces to help ensure governments across Canada have enough supply to meet consumer demand."
Invictus is set to gain access to the retail market in Saskatchewan through an LOI with GTEC Holdings Ltd. ("GTEC") (TSXV: GTEC) that provides the Company with an opportunity to fill purchase orders that GTEC is seeking from third party licensed producers for the purposes of supporting GTECs distribution channels.
Invictus' product portfolio includes 69 Health Canada approved strains that will be sold under four lifestyle-inspired cannabis brands for recreational users: Dukes, Zooey, Sterling & Hunt, and Sinister. Each brand has been crafted for a specific target audience and his or her lifestyle.
For more information, please visit www.invictus-md.com.
On Behalf of the Board,
Dan Kriznic
Chairman and CEO
Jessica Martin
Vice President, Public Relations and Regulatory Affairs
(604) 537-8676
About Invictus
Invictus is a global cannabis company offering a selection of products under a wide range of lifestyle brands. Our integrated sales approach is defined by five pillars of distribution including medical, adult-use, international, Licensed Producer to Licensed Producer and retail stores.
Its like some shareholders WANT to go broke.
Or they are in so deep they dont want to believe what they are seeing.
Thats part of the game.
SGSI's marketing team has forsaken everyone that follows them.
Just like all those other times.
Like A Fox with a BK playbook.
GLTA & JMO
Maybe check again.
https://www.otcmarkets.com/stock/SGSID/overview
1.70 / 2.00 (1 x 1)
I cant even make this stuff up.
GLTA & JMO
ASK and BID both dropping.
The more the new symbol propagates the more selling will take place ahead of new toxic notes.
Any potential "acquisition" will be done at significant and deep discounts to the current pps.
And with an AS of 750M they will dilute this right back down to sub-penny.
Just like all those other pennyland stocks.
SGSI's community marketing team should be held accountable for the 99% in losses. Disgorgement is what its called.
GLTA & JMO
Not halted today.
There would be suspension notice
Its more that almost nobody can trade this yet.
Some got their broker to update their trades. And thats when the ASK dropped to $2.
Ponder will likely try to setup another toxic not fiesta before then.
GLTA & JMO
LOL.
I like your style.
GLTA & JMO
LOL.
$100/share.
Shareholders just got their asses handed to them by insiders.
Wait til the RS fully propagates.
I cant even make this stuff up.
GLTA & JMO
How long until HEXO, Aphria or Canopy takes this one under its wing.
Seems like the volume they can provide and distribution in the West is a nice fit.
GLTA & JMO
Sounds like the new guy that comes from the CPG beverage sector is going to help this company navigate its way to the forefront of partnerships.
GLTA & JMO
GTEC Holdings Receives Health Canada Approval to Expand Scope of Dealer's License to Include Extraction of Cannabis Oil
KELOWNA, BC, Sept. 7, 2018 /CNW/ - GTEC Holdings Ltd. (TSXV: GTEC) ("GTEC" or the "Company") is pleased to announce that its wholly owned subsidiary, Zenalytic Laboratories ("Zen Labs") received an approval from Health Canada expanding the scope of its Dealers License effective September 6, 2018.
The Dealers License was issued pursuant to the provisions of the Controlled Drugs and Substances Act and its Regulations on July 20, 2018. This provided the Company with approval to perform analytical testing on cannabis and specific cannabinoids. The Company subsequently applied to expand the scope of its license to include authorization to process cannabis flower into cannabis oil. Health Canada approved this request effective September 6, 2018.
"Given the recent surge of interest in our industry from global alcoholic beverage companies, we are very excited to now be licensed to produce cannabis oils and expand our own value add product offerings. Furthermore, the amendments to the Dealers License illustrate successful execution of GTEC's vertical integration strategy", said Norton Singhavon, Chairman & CEO of GTEC Holdings. "This development improves GTEC's ability to capitalize on opportunities associated with cannabis oil, and the down stream products derived from it."
Mr. Singhavon further commented, "The receipt of the amended Dealers License is a significant milestone in GTEC's development as it, together with the Company's many other initiatives within the cannabis vertical supply chain, will support revenue generation as early as Q4-2018 or Q1-2019. The Company will continue to provide updates as we get closer to a definitive on-line date".
About Zen Labs
Zen Labs is a full-service chemical and microbiological diagnostics laboratory for soil, water, and cannabis. Zen Labs will analyze cannabinoid profiles, moisture content, heavy metals, microbials, aflatoxins, pesticides and other contaminants as per the regulations set out by Health Canada's ACMPR, for Licensed Producers, Production for Own Medical Purposes, Production by a Designated Person, and individuals who are authorized for personal medical consumption. Zen Labs also intends to conduct full analytical testing on terpene profiling and residual solvents for authorized clients.
About GTEC
GTEC was founded in 2017 to capitalize on opportunities in the nascent and rapidly growing legal cannabis industry. GTEC is focused on growing premium quality craft cannabis in purpose-built indoor facilities. The Company also has a number of retail cannabis initiatives in Western Canada. GTEC currently holds a 100% interest in GreenTec Bio-Pharmaceuticals Corp., Tumbleweed Farms Corp., Falcon Ridge Naturals Ltd., Alberta Craft Cannabis Inc., Grey Bruce Farms Inc., Zenalytic Laboratories Ltd. and Spectre Labs Inc. GTEC is a publicly-traded corporation based in Kelowna, British Columbia. The Company's shares are listed on the TSX Venture Exchange and OTC Pink Sheets.
Only a matter of time until these guys either get in to bed with a CPG company or someone like HEXO takes a run at them.
The facility and output is going to provide a lot of value to someone.
GLTA & JMO
Im not so sure I agree with you.
I believe that HEXO may soon compete for top spot along with Canopy and Aphria.
This is becoming a short term momentum play.
Long term the horizon is as wide and bright as can be. Imagine if the US continues to move towards deregulation on a federal level.
These companies will be worth 10X what they are today.
GLTA & JMO
Spectrum Global Announces Reverse Split
09/10/2018 10:28:00 AM
Longwood, FL, Sept. 10, 2018 (GLOBE NEWSWIRE) -- Spectrum Global Solutions, Inc.. (OTC: SGSI; SGSID) (the "Company"), a single-source provider of end-to-end next-generation wireless and wireline network services and staffing solutions to the service provider (carrier) and corporate enterprise markets announced today that it has received approval from FINRA for a 1:200 reverse split of its common stock. The Company’s common stock begins trading today on a split-adjusted basis under a new CUSIP number 84764H201 and temporary symbol "SGSID," with the "D" appended to signify that the reverse stock split has occurred. The Company’s trading symbol will revert to "SGSI" after 20 trading days.
Spectrum CEO Roger Ponder stated: “The reverse stock split is intended to facilitate the Company’s aggressive acquisition strategy and future plans to up list to a national exchange”.
As a result of the reverse stock split, every 200 shares of authorized, issued and outstanding shares of common stock was converted into 1 share of common stock. Any fractional shares resulting from the reverse stock split have been rounded up to the nearest whole share.
Stockholders holding shares through a brokerage account will have their shares automatically adjusted to reflect the reverse stock split as of the effective date. Stockholders with stock certificates who have questions regarding the split may call the Company's transfer agent, Island Stock Transfer, at 727-289-0010.
About Spectrum Global Solutions, Inc.:
Spectrum Global Solutions operates through its subsidiaries AW Solutions and ADEX Corp. The Company is a leading provider of telecommunications engineering and infrastructure services across the United States, Canada, Puerto Rico, Guam and Caribbean. For more information about the Company and its technologies visit the Company’s public filings at SEC.gov.
I think you mean $400 and a 200:1 Reverse Split.
LOL
Oops. ASK just got cut in half.
Looks like the shrewd investor of $400 is learning another valuable lesson in pennystock SOP.
LOL
GLTA & JMO
Shareholders should be livid after a string of fluffy PR's lead to a 200 to 1 Reverse Split.
SGSI's community marketing team needs to be fired and held accountable.
Disgorgement?
Once the symbol change propogates the toxic note holders will dilute this to high heaven.
AS = 750M
LOL
Better out with a loss than a pinksheet tombstone.
GLTA & JMO
400$ in volume is nothing to be proud of.
And the ASK is cut in half already.
Looks like slapping the ASK after an RS is a great way to turn a fortune into pocket change.
LOL
I feel sorry for everyone that held through the RS.
More pain on the way. Believe it.
GLTA & JMO
Do you even understand the business they are in?
The are a reseller of labor. LOL
They cant even turn a profit on something that has no inherent cost. And yet they are in good shape?
LOL
Also, their glassdoor reviews are atrocious.
I cant even make this stuff up.
GLTA & JMO
Ya. After a 200 to 1 RS.
Congrats!
LMFAO
Im sure shareholders are extremely grateful.
Trip zeros post RS coming..
GLTA & JMO
Yep.
They currently have a shareholder deficit of over $25,000,000... they are taking out toxic death spiral loan shark cd notes at an alarming pace (thus the reason for the reverse split, so note holders can slowly dilute this back to double zeros) from filing the level 3 liabilities increased almost $3,000,000 from December to June.. company down to $180,000 cash...assets to liabilities a negative $7,504,495....
LMAO.
Now hes shy?
Sure, call him. And tell him you are recording the call. That should make him hang up in record time.
Convertible debt is being renewed.
Believe it.
I cant even make this stuff up.
GLTA & JMO
If I had a nickel for every time I saw this line in a PR after an RS.
“The reverse stock split is intended to facilitate the Company’s aggressive acquisition strategy and future plans to up list to a national exchange”.
LOL
Ponder wont even say NASDAQ anymore.
"Intended". LOL
They are going to uplist in Q1! *wink wink*
I can already hear the excuses.
I cant even make this stuff up.
GLTA & JMO
Great to see you again Xylan.
Always seems to be history repeating itself with these penny stock schemes.
The pattern continues and most shareholders will experience the pitfalls of believing what insiders say to keep the dream alive.
I too have pointed out the ZERO chance that SGSID can uplist. Insiders dumped their commons in favor of VOTING preferreds.
We know how this goes after the RS. More toxic notes, more fluffy PR's and soon its all right back to where it started.
Of course the AS never got reduced by the same ratio.
Better out with a loss than a tombstone as a wise person once said.
GLTA & JMO
HEXO acquires interest in 2M sq. ft. facility in Belleville, Ontario to create R&D and manufacturing centre of excellence
09/10/2018 12:54:00 PM
GATINEAU, Quebec, Sept. 10, 2018 (GLOBE NEWSWIRE) -- HEXO Corp. (“HEXO” or the “Company”) (TSX:HEXO) has announced the acquisition of an interest in a 2,004,000 sq. ft. facility in Belleville, Ontario. This is the first facility of the Company to be established outside of Quebec, further delivering on its national expansion strategy and providing capacity for the manufacturing of advanced cannabis products, including cosmetics, vapes, non-alcoholic beverages and other edibles.
The centralized location, conveniently located along primary shipping routes in Ontario, presents the opportunity to process and distribute products and to fulfil commitments across Canada. The space also supports the Company’s hub and spoke model. Its scalability, flexibility and location are ideal to deliver on anticipated future joint ventures with Fortune 500 companies for cosmetics, edibles, vapes, and more, positioning it to become a centre of excellence for all of HEXO’s joint ventures. HEXO’s expansion will also lead to the creation of jobs and a rejuvenated employment sector for the area.
The building, previously used as a Sears distribution centre, will be owned in a joint venture with Olegna Holdings Inc. Initially, HEXO plans to lease up to 500,000 sq. ft. of the space from the joint venture. The proposed use of the building is conditional on the city approving the rezoning application.
“There is a skilled workforce in the Belleville area, and we look forward to capturing it,” said Sebastien St-Louis, HEXO’s co-founder and CEO. “We are investing in the region and its people with a view to achieving a sustainable national presence. For the first time, we are stepping out of our home province of Quebec and are committed to and demonstrating our commitment to serve and expand across Canada. And we are keeping future partnership and international opportunities in sight for the near future.”
The building is owned by Belleville Complex Inc., a joint venture in which HEXO will hold a 25% interest and Olegna Holdings Inc. will hold a 75% interest. In addition to its initial lease of 500,000 sq. ft. of the space under a long-term lease, HEXO will have rights of first offer and first refusal to lease the remaining space in the building. As part of the transaction, HEXO has loaned $20,000,000 to Belleville Complex to acquire the building. The loan will be repaid within 120 days from September 7, 2018, and as of October 7, 2018, will bear interest at an annual rate of 4%, which interest shall be payable monthly. The loan is secured by a first mortgage over the building. The transaction is subject to the satisfaction of certain conditions and is scheduled to close on October 12, 2018.
The transaction is considered a “related party transaction” within the meaning of Multilateral Instrument 61 - 101 - Protection of Minority Security Holders in Special Transactions (“MI 61-101”) because Mr. Vincent Chiara, a director of HEXO, holds a majority interest in Olegna Holdings Inc. HEXO is relying on applicable exemptions from the minority approval and valuation requirements of MI 61-101 on the basis that neither the fair market value of the subject matter of, nor the fair market value of the consideration for, the transaction exceeds 25% of HEXO’s market capitalization. The terms of the transaction have been reviewed and approved by the independent directors of the Company, and the rental rates for the facility were supported by estimates from independent appraisers.
OOps.
The ASK just fell 25%
LOL
Sucks to be the buyer at $4
GLTA & JMO
Theres always a greater idiot.
A few shares will be bought at the ASK for fun.
Wait for the symbol change to propagate and the new toxic notes to hit the BID.
Current purgatory status will soon become one hell of a loss.
Again.
GLTA & JMO
Wrong.
Current spread: 0.20 / 4.00 (1 x 1)
BTW, .20 is .001 pre-split.
'nuff said.
GLTA & JMO
The boat is already sunk.
Its the Titanic heading to Davie Jones locker as a 200:1 Reverse Split stole all the lifeboats.
And now insiders can offer new toxic notes as below market convertible prices and allow holders to dilute this to high heaven.
Watch. And Get Ready for another inconvenient truth.
The pattern continues.
GLTA & JMO
Its like Animal House.
And shareholders just keep asking for it.
How many times does management have to make liars out of investors?
No AS Increase! Wrong.
MVTG is still a focus! Nope.
Q2 Profitability! Nope.
Q3 15M in Revenues! Nope.
Q3 Profit! Wrong.
No RS! Guess again.
Wont be 200:1! Wrong.
I could go on and on and on.
At some point shareholders need to wake up and deal with the reality they are being fleeced by insiders and the SGSI community marketing team.
GLTA & JMO
Wrong.
The spread will be so wide that nobody in their right mind will want to touch it.
And the convertible notes will sink this back down in a hurry.
And those now holding 1/200 of what they did on Friday will be wiped out.
Believe it.
GLTA & JMO
How many strikeouts before this game is really over?
Batting .000 must get tiring.
I feel bad for anyone who didn’t escape this investment nightmare when there was still a shred if optimism.
GLTA & JMO
Thanks for proving my point!
the Directors/CEO-officers traded 50% of the issued shares that had a liquid market value (cash value) into the company treasury for no sell able, non convertible zero cash value voting only preferred shares.
p list to Nasdaq early next year.
You pin it.
LOL
GLTA & JMO
Too bad the AS will still be 750Million.
Even after the RS.
Yikes.
GLTA & JMO
News Flash: The RS is being going into effect Monday
Which means SGSI will be converted to aprox 80cents.
And will then fall precipitously.
Nasdaq minimum requirements are $2, and $4 for some.
Again,
SGSI does not qualify at any level (fiscal, corporate governance, share table, revenue, etc) and they are in never, in any way going to uplist.
But then again, everyone said the RS was going to be cancelled and that the 200:1 was just a maximum they COULD invoke.
LOL
Believe it.
GLTA & JMO
Its BS.
Just hopeless attempts to pump in the face of a mass exodus due to a 200:1 RS.
GLTA & JMO