Invictus MD Strategies Corp (IVITF)

[stockchase]

wow, previous management really messed this up. the agreement with ABG was a joke. $20M in royalty payments over 8 years when the company wasn't even generating a $1M revenue per quarter. Now we have pay to get out of deal. The list of bad deals is long and shareholders are paying the price with termination fees, cash payments, share issuances, etc.

I did notice in the MDA that the new financing is meant to replace the Trichome financing which is good.

They are headed in the right direction but really need full AP P3 plant up and running.

New management has done a good job trying to fix this but time will tell if they have succeeded. This was a deep hole to climb out of