Aphria Inc (fka APHA)

[CornellEngineer]

https://www.marketwatch.com/story/aphria-to-review-latam-acquisition-in-face-of-inaccurate-allegations-by-short-sellers-2018-12-06

On Thursday, the company said it remained confident in the process leading to the acquisition. "However, in the face of inaccurate and misleading accusations by certain short-sellers, whose sole interest is in profiting from a decline in the Company's shares, it is undertaking a comprehensive review, led by a Special Committee of independent directors of these, and any other, allegations in the interest of protecting Aphria shareholders," Aphria said in a statement.

Translation: QCM/Hindenburg caught us red-handed so we're gonna stall until Neufeld & DeFrancesco can pack their suitcases full of stolen investor money and get the hell outta Dodge before the regulators show up at the door."

I'm sorry, gang, but this is the best the company can come up THREE full days after the QCM presentation??? The stock is cratering in a death spiral, the very survival of the company may be at stake, another short bombshell is about to explode today...and these guys are appointing a committee to perform a "comprehensive review"???

Wonder who's gonna play Vic and Andy in the movie they'll make about this?