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Re: hurri post# 6741

Friday, 12/06/2019 4:37:20 PM

Friday, December 06, 2019 4:37:20 PM

Post# of 7743
I long ago though thought Sparkes should step down as Chairman. Invictus's strategy under two prior CEO's were "okayed" by the board and this chairman. Having said this, I also wondered if the departure is a sign of bad things to come or is it simply that they no longer fit in the new structure. As Mrblabla said, Stein is a GS connection so makes no sense for him to remain and Sparkes, who knows. I won't miss either of them. What I didn't like about the NR or found interesting is that they made no mention of seeking new board members or new chair. Add this to the NR about Trevor joining board but not specifically saying he is taking back CEO role is weird. I'm going out on a limb here, but I think Invictus is in the process of seeking a merger. Just speculation but there are things that don't add up. At this point, they have no Chairman and Dixon is the only board member, they have talked about updating their website for 1 yr and still haven't, not even removed GS or Kriznic yet, they have cut costs, severed ties with partners (ABG). Btw, still no mention of the Trichome financing which was supposed to close on Sept 12 I think. Why?

Company needs to provide a better update on what is going on. At this point, I have resided myself to the fact my "investment" may be a goner on this one but still hope they can survive and actually thrive one day but too hard to know as not enough info coming out and still no AC P3 approval or GMP certification.