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Nothing on the EU deal in a long time hurri.
PODA shares were not "free" and they are absolutely worthless -%100 in the portfolio...
No product, no sales and no value added.
Eight cents per share is speaking louder than words...
PODA=scam setup by Invictus. Millions syphoned by this halfwit company. Pretty little website, WITH NO SALES AND NO PRODUCTS TO SELL.
Research it, to know it. When management is constantly rolling over how are they ever going to build a cohesive team?
Doesn't take an Einstein to figure this stuff out.
Any word on EUGMP? !!!!!ANYTHING AT ALL!!!!! Just left here trying to to figure out who's on the board of directors...
Pathetic.
Please explain the PODA dividend.
So much for "Canada's cannabis company"... Sector wide consolidation or not, this company really screwed up on a monumental level.
Sucked in a lot of hard earned HONEST money and paid out diarrhea.
How's everyone's PODA spin off/rip off shares working out for them???
Invictus md... Not some heavyweight player, just some dumbass company that pretended to be something they never were, on the brink of bankruptcy.
Down %90-95 in a year is a good thing RIGHT? Keep up the great work management.
What a craphole of a company.
One beating afteranother.
Truth hurts when it comes to this company.
Duhhhh, let's make another deal where we are going to penalize ourself... Hell-bent on failure, absolutely astonishing!!!
In near disbelief if it wasn't our actuality.
Seriously messed up company, like they did it on purpose...
Absolute slop, garbage dealing, half fast, upside down and backwards talking company. That's a fact, just look at their pr's...
Yeeeeeah, let's put blind Faith into some crap hole of a company that just keeps misleading us. Not much truth ever came to investors aside from failure time and time again.
Maybe the company just needs to be forthcoming. This "management" is the reason for it's stock price being drilled into the ground. What a masterful nightmare they have created.
Not sure why so many can not see it, but that's the reality.
Seriously hillarious, RIGHT...
"Company" GOT WHAT THEY DESERVED for being so misleading and pretentious...
Sold most at $1.40 range. "Smart money" knew when to bail out of this flaiming pile of dog crap!
True colors certainly flying in this pos company.
What a bunch of a-holes.
Company took all the money and wiped their backsides with it, Hardy had har, lmfao too f'ing funny not to laugh.... Seriously LMFAO at all the losers running this company STRAIGHT INTO THE GROUND!!!!!!
Seriously hillarious that they pulled this crap storm over so many people' eyes and "no one" noticed it happening, while it was happening.
"The world owes you nothing." Nice sentiment.
"German deal" will collapse soon at current rate of "progress" if you want to call it that.
Got a pretty much guaranteed deal happening here...
Pointing out what should be obvious is not being stupid. Not everyone is in the know.
Take care...
Hope for the best, expect the worst!?...
Any luck getting in touch with unified cannabis?eom
Putting things into aspect ratio, Invictus is further behind as they do not have the cash flow, assets or means to continue for much longer on their current path. No bank is willing to touch them at this point, that's a fact.
Nearly EVERY deal turns out to be a blown up smack in the face...
Good luck everyone.
Not much here to work with but guessing games.
It is as if there is someone, or something, preventing communication between the company and investors.
No one knows the reasoning behind it, if any.
"Let's just keep playing the same hand and hope for a different result"
%95 of "deals" result in failure...
Not able to locate a phone number but there is a contact form at the bottom of their homepage:
https://www.unicancorp.com/
342 – 4th Ave S.E., Calgary, Alberta, Canada T2G 1C9
Good luck.
Happy New Year Everyone!!!
Financials are what they are and Invictus is what it is. No poking fun either way, still waiting for the right buy in point.
Deep hole indeed.
Many millions syphoned to who ever for whatever...
Been saying/pointing it out for a long time.
Another million shares to another company for nothing. Management is a joke.
Merry Christmas to you and yours as well!-eom
Flaming pile of dog crap... eom
You can all thank Dan Kriznic for his awesome guidance at $1.09Million per year. Such great advisory skills going on there that they never need to release factual information. Maybe just parts of truth is good enough for some, but, some of us actually needed to know the facts...
Flaming pile of dog crap is what they created for us when it could have been so much more honest and forthcoming...
Let's just keep blindly hoping this stupid ass company will show us some actual positive movement when they constantly prove they are just the opposite.
Great company like this just hold everything in secret all of the time until collapse.
Invictus-MD has been and continues to be illusive, mischievous and Ill willed to investors and people alike. Their failed management and communication is proof of their SP.
How much more of their crappy relations is it going to take before people take notice and wake up to the reality?!.
Can't even get their facts straight in their own press releases, WHAT A JOKE!!! IDIOTS!!!!!
Just horrible. Blind leading the blind.
What actual intelligbul moves has this company made over the past couple of years?!.
Literally like a bunch of idiots getting something together that makes no sense.
What a bunch of a holes...
Usual Invictus guessing game. No one ever seems to be able to piece this jigsaw puzzle together as there are so many missing parts.
They could have made things so much easier with transparency! Realistically, is this company worth investing into with so many risky and shady plays they have made and continue to make?
Smart money says no.
Truly a gamble...
So Invictus needs to be baby-sat. Just goes to show how desperate they were to get money from whoever they could. Bankruptcy was likely just around the corner.
Imagining the Trichome deal is a bust with another million shares out the door for absolutely nothing.
Take it from a banks point of view.
Looks like a last ditch effort. Hostile takeover could be a reality if Invictus can't get their stuff together, and that's a fact.
No one's saying buy or sell. Just looking at the situation for what it is.
Not to mention bringing in two board of directors from the lending company, yeesh! Bring in more debt load, share dilution, less internal control. Wonder how much the new board members will be compensated?
Pretty close to receiving money from a loan shark.
Hostile takeover around the corner???
Convertible Debentures Explained
Typically, companies raise capital by issuing debt, in the form of bonds, or equity, in the form of shares of stock. Some companies may use more debt than equity to raise capital to fund operations or vice versa.
A convertible debenture is a hybrid financial debt product with benefits of both debt and equity. Companies use convertible debentures as fixed-rate loans, paying the bondholder fixed interest payments. Bondholders of the convertible debenture also have the option of holding the loan product until maturity—at which point they receive the return of principal—or of converting into stock shares at a stated date. The loan can only be converted into stock after a predetermined time as specified in the bond's offering.
A convertible debenture will usually return a lower interest rate since the debt holder has the option to convert the loan to stock. Investors are willing to accept a lower rate of interest in exchange for the embedded option to convert to common shares. Convertible debentures allow investors to participate in share price appreciation once the debentures are converted into stock.
The number of shares a bondholder receives for each debenture is determined at the time of issue based on a conversion ratio. For example, the company might distribute 10 shares of stock for each debenture with a face value of $1,000, which is a 10:1 conversion ratio.
The convertible debt feature is factored into the calculation of the diluted per-share metrics of the stock. The conversion will increase the share count—number of shares available—and reduces metrics such as earnings per share (EPS).
Another risk of the unsecured debentures is that in the case of bankruptcy and liquidation they receive payment after other fixed-income holders.
KEY TAKEAWAYS
A convertible debenture is a type of long-term debt issued by a company that has a stock conversion option.
Debentures are unsecured by any underlying collateral.
Convertible debentures are hybrid products that try to strike a balance between debt and equity.
Investors gain the benefit of fixed interest payments while also having the option to convert the loan to equity if the stock price rises over time.
Types of Debentures
Just as there are convertible debentures, there are also non-convertible debentures whereby the debt cannot be converted into equity. As a result, non-convertible debentures usually offer higher interest rates than their convertible counterparts since investors don't have the option to convert to stock.
Partly-convertible debentures are also a version of this type of debt. These loans have a predetermined portion that can be converted to stock. The conversion ratio is determined at the onset of the debt issuance.
Fully-convertible debentures have the option to convert all of the debt into equity shares based on the terms outlined at the debt issuance. It's important that investors research the type of debenture they're considering for investment including if or when there is a conversion option, the conversion ratio, and the time frame for when a conversion to equity can occur.
Benefits of Convertible Debentures
As with any debt instrument, whether it's a bond or loan, the debt needs to be repaid. Too much debt on a company's balance sheet can lead to high debt-servicing costs that include interest payments. As a result, companies with debt can have volatile earnings.
Equity, unlike debentures, does not require repayment, nor does it require the payment of interest to holders. However, a company might pay dividends to shareholders, which although voluntary, could be seen as a cost of issuing equity since the firm's retained earnings or accumulated profits would be reduced.
Convertible debentures are hybrid products that try to strike a balance between debt and equity. Investors gain the benefit of fixed interest payments while also having the option to convert the loan to equity if the company performs well, rising stock prices over time.
The risk to investors is that there is little insurance in case of default if they're holding shares of common stock. However, during bankruptcy liquidation, if an investor is holding a convertible debenture, the debenture holder gets paid before common shareholders.
Pros
Investors are paid a fixed-rate while having the option to participate in a stock price increase.
If the issuer's stock price declines, investors can hold the bond until maturity and collect interest income.
Convertible bondholders are paid before stockholders in the event of a company's liquidation.
Cons
Investors receive a lower interest rate compared to traditional bonds in exchange for the option to convert to stock.
Investors could lose money if the stock price declines following the conversion from a bond to equity.
Bondholders are at risk of the company defaulting and being unable to pay back the principal.
Real-World Example of a Convertible Debenture
Let's say a U.S. company Apple Inc. (AAPL) wants to expand internationally for the first time to sell its mobile products and services. Investors are unsure if the products will sell abroad and whether the company's international business plan will work.
The company issues convertible debentures to attract enough investors to fund their international expansion. The conversion will be at a ratio of 20:1 after three years.
The fixed interest rate paid to investors on the convertible debenture is 2%, which is lower than the typical bond rate. However, the lower rate is the trade-off for the right to convert the debentures into stock.
Scenario 1:
After three years, the international expansion is a hit, and the company's stock price takes off rising from $20 to $100 per share. Holders of the convertible debentures can convert their debt into stock at the 20:1 conversion ratio. Investors with one debenture can convert their debt into $2,000 worth of stock (20 x $100 per share).
Scenario 2:
The international expansion fails. Investors can hold on to their convertible debentures and continue to receive fixed interest payments at the rate of 2% per year until the debt matures and the company returns their principal.
In this example, Apple got the benefit of a low-interest-rate loan by issuing the convertible debenture. However, if the expansion does well, the company's equity shares would get diluted as investors convert their debentures to stock. This increase in the number of shares would result in a diluted earnings-per-share.
https://www.investopedia.com/terms/c/convertibledebenture.asp
"Investors should never be put in this position."
Could not agree more.
How Private Placement Affects Share Price
What Is Private Placement?
Private placement is a common method of raising business capital by offering equity shares. Private placements can be done by either private companies wishing to acquire a few select investors or by publicly traded companies as a secondary stock offering.
When a publicly-traded company issues a private placement, existing shareholders often sustain at least a short-term loss from the resulting dilution of their shares. However, stockholders may see long-term gains if the company can effectively invest the extra capital obtained and ultimately increase its revenues and profitability.
Understanding Private Placement
Private placement is an issue of stock either to an individual person or corporate entity, or to a small group of investors. Investors typically involved in private placement issues are either institutional investors, such as banks and pension funds, or high-net-worth individuals.
A private placement has minimal regulatory requirements and standards that it must abide by. The investment does not require a prospectus and, quite often, detailed financial information is not disclosed.
For an individual investor to participate in a private placement offering, he must be an accredited investor as defined under regulations of the Securities and Exchange Commission (SEC). This requirement is usually met by having a net worth in excess of $1 million or an annual income in excess of $200,000.
Private Placement and Share Price
If the entity conducting a private placement is a private company, the private placement offering has no effect on share price because there are no pre-existing shares.
With a publicly-traded company, the percentage of equity ownership that existing shareholders have prior to the private placement is diluted by the secondary issuance of additional stock, since this increases the total number of shares outstanding. The extent of the dilution is proportionate to the size of the private placement offering.
For example, if there were 1 million shares of a company's stock outstanding prior to a private placement offering of 100,000 shares, then the private placement would result in existing shareholders having 10 percent less of an equity interest in the company. However, if the company offered an additional 1 million shares through the private placement, that would reduce the ownership percentage of existing shareholders by 50 percent.
Motivation for Private Placement
The dilution of shares commonly leads to a corresponding decline in share price—at least in the near-term. The effect of a private placement offering on share price is similar to the effect of a company doing a stock split.
The long-term effect on share price is much less certain and depends on how effectively the company employs the additional capital raised from the private placement. An important factor in determining the long-term share price is the company's reason for the private placement. If the company was on the verge of insolvency and did the private placement as a means of avoiding bankruptcy, it would not bode well for the company's shareholders.
However, if the motivation for the private placement was a circumstance in which the company saw an outstanding opportunity for rapid growth that simply required additional financing, then the eventual extra profits realized from the company's expansion may push its stock price substantially higher.
Another possible motivation for doing a private placement could be that the company cannot attract large numbers of institutional or retail investors. This might be the case if the company's market sector is currently considered unattractive, or there are only a few analysts covering the company.
https://www.investopedia.com/ask/answers/052815/how-does-private-placement-affect-share-price.asp
Agreed hurri about health problems can happen at any time, but no one ever really knows what's happening in nearly all of invictus' dealings.
Ill health suddenly happened to Steve Jobs, but he also made people, investors etc aware of it and spoke publicaly about it.
Worked with apple computer for just under 4 years. Jobs was not exactly a nice person and stole/took many ideas from open source companies, free Berkeley software design (free bsd), individuals, microsoft etc and copywriting the code as if it was all their idea in the first place...
Ever seen the documentaries about how he neglected his own daughter and basically stole the company from his fellow partners that initially got the company up and running?
They even have training modules based on my sales techniques in their mac genius training located in Cupertino. Was made aware of that when I brought equipment to the Apple retail store in Scarborough and met with an ex co-worker a few years back...
Never seen a dime extra or any recognition for my contributions to their success.
Employees at foxconn (apple owned) based in Taiwan were literally jumping to their death because of the horrendous work environment and had to put catch nets around the building.
Their not all they're cracked up to be.
Face the facts, it's always going to be one thing or another with these fools.
Kinda difficult to create a solid business when one hand doesn't know what the other is doing.
Invictus keeps backing up my observations ALL THE TIME.
Let's see the new new new new management COMPLETELY blows this last management out of the water.
Best excuse/reason people are going to come up with for this new latest and greatest turnover is Trevor already had too much on his plate with AP and could not focus enough time as CEO of Invictus etc etc etc.... Blah blah blah with a side order of fries with extra BS.
Agreed: "Some people can't see beyond their noses."
Looks like some of us like to see the company for what it is, not what we hoped, or are pretending it to be.
Never intended to be stuck into such a pretentious investment. Literally stumble across some of the information I do without even advertently looking for it, but those are the facts.
Market cap went from quarter billion to about twenty million (GENE).
Only thing people are hoping for is the new new new management is going to be able to get their stuff together and actually make some positive forward momentum.
Dan Kriznic ALONE gets paid approximately %6 per year of the current overall company's value. For what???!
Obviously... Those that know the board and mismanagement KNOW how greatly the company has fudged things up. Even with the new latest and greatest "management" in store, how long until the next turnover for even better management???! It's literally happening every few months with little notification.
Takes ten investors to figure out wtf is going on with this hell bound company. Absolutely terrible communication.
Approximately every nine months tenure of the board changes. Really stable right???!
Absolutely horrible is more like it.
Got to give em credit though, suckered a lot of "wise investors" into that is what is now, near bankruptcy.