Aphria Inc (fka APHA)

[underdog150]

Background on Co-Author Quintessential Capital Management (QCM)
We are proud to bring you this report in conjunction with QCM. QCM has an unparalleled track record in identifying and exposing corporate malfeasance through deep investigative due diligence.

QCM’s last report was published in May of this year, and focused on Greek retailer Folli Follie. The report alleged widescale inflation of revenue. Following publication, FF’s stock dropped 60% in two days and was suspended two weeks later. In July 2018, the company filed for protection from creditors through the Greek bankruptcy code. Management is now facing criminal charges and shares have not resumed trading.

Preceding Folli Follie, QCM published a report on Globo PLC, a provider of enterprise mobility management software and services. Globo’s stock was suspended in less than 12 hours, and management confessed to accounting fraud within 48 hours of publication. Globo never re-opened for trading and was declared worthless by the liquidator.

https://seekingalpha.com/article/4225817-aphria-shell-game-cannabis-business-side?page=2

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"Allegations that have been made by the short seller Quintessential Capital in the report that they published this morning are false and defamatory," said Aphria spokesperson Tamara Macgregor. "The company is preparing a comprehensive response to provide shareholders with the facts and is also pursuing all available legal options against Quintessential Capital."