50+ years ago my Father introduced me to Stock vesting when I was 12. The 1st thing he did was make me understand financials. Laborious process for a 12 year old. When I asked why, he said don't invest in something you don't understand.
With the LOI in MOTA there are things I don't understand. I asked for clarification from Jason as to the PEI/Origin, where profits go to in everything, MOTA Jvs.. 'Tolling'.. MOTA paid for cash company... We only have one 'MOTA' company with a said unaudited sales, will Stils last years sales be credit to WHOEVER files fanancials...MOTA? MOTA is so young the Nov 29, 2019 Interim means about nothing.
What are these people actually working on.. where is their cash flows? Any reporting?
Mota Ventures Corp. is pleased to announce that its wholly owned subsidiary Ihuana S.A.S ("Ihuana") has entered into a research cooperation agreement (the "Agreement") with La Fundacion Universitaria de Ciencias de la Salud (The University Foundation of Health Sciences) (the "University") located in Bogota, Colombia. Pursuant to the Agreement, the parties intend to engage in research and formulation of medicinal products made with non-psychoactive cannabis and cannabis byproducts.
Sativida and First Class CBD brands and reporting WHERE?( First Class CBD (then, a division of Unified Funding, LLC) realized approximately C$28.7 million in revenue with an EBITDA of approximately 12.5%)
The LOI has MOTA raising ?5 mill @ .45 PP to get close to Stl's cash holding? At 1.8 ratio? For some infrastructure?
I mean REALLY! And I asked for clarification, I was a little blunt, Jason was a little blunt.... Jason said he was going to present something before LOI was exposed but an unexpected happened and required Jason to halt and report LOI. He said he would give us something.
Bottom line for me, I cannot put more in as a 'Investment' till I know more. Maybe I'll trade some with additional funds, but don't INVEST on unknown/not understood structures.
If someone with more experience can help us out as to how this whole Tolling thing works and more info I'll change my mind.
For now I've still got every share I ever bought.
Heck, I don't even know how the salaries get paid, from MOTA or ongoing in each sub?
Fwiw, large traders traded this down based on 1.8' Of MOTA SP, then MOTA moved down, Stil moved down... and total transactions look matched ><, over two days- pretty stupid panic move it looks to me(Clusterfuck). Same people sold, then bought back lower??!! What if the LOI doesn't go through?
If you are brave go for it, the LOI caught me flatfooted.
