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Re: the third leg post# 7231

Friday, 02/14/2020 11:10:11 AM

Friday, February 14, 2020 11:10:11 AM

Post# of 7743
Greetings Third Leg Heres the shot I know. As far as current status. The asset that has most interest is at AP. They need final build out capital for East Wing in order to complete the 180000 feet of total grow space and gain EU-GMP approval, West Wing is approved by Health Canada need a few modifications and it’s full go. Kris Love has begun converting all plants at AP to the strains (more Artisan and potent) to match what Marc Ripa is doing at AB Labs and he is on the money with his direction from what I am gathering. Mr Ripa needs to stay focused on AB Labs, which is holding its own right now and his baby that he is still majority owner of.
This new maneuver will buy time (in my opinion for a while) and there is interest by outside parties that (I have tracked down info on) AND whoever it is that rolls in will get some very very very Good assets for a more than reasonable price (meaning a steal), take on some debt, pump their own people in and take over Invictus completely imo. AB is 51percent owned by Ripa so he is on the board but out of way (in my opinion) probably to ensure a “potential” transition. Sad, Dan completely fumbled this is a real fool (I know this for a fact) and as always in times of distress someone with cash looking for great assets (will walk in after most of the heavy lifting has already been done and reap all the benefits /b] Sad story as some money NOW will actually be spent on the right things to turn this into what it should have been in the first place... but life goes on and hopefully shareholders can benefit over time. I averaged my shares down into the high 20s and am going to ride it out like you. The rest is in Gods hands, so I won’t need to post much here anymore. GLTA!