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Re: RPMcKenna1976 post# 7511

Tuesday, 03/10/2020 7:23:42 PM

Tuesday, March 10, 2020 7:23:42 PM

Post# of 7743
If a new company doesn't think they can handle taking on the current situation at Invictus then they won't. Any company stepping up with an offer will have a good idea how they plan to move forward with the company. Everything has a price. If there's a bid that makes sense to Invictus they'll let us know they think it's in the best interests of shareholders to accept it.

IMO as far as restructuring goes, Invictus needs to find more outlets for its products. This could happen by making products more suitable for buyers or at a better price point etc. They are in a pretty hard time crunch to make this happen though.

I think it's more likely someone will step up with some money in some capacity. There are still many ways this could play out.

The physical assets of this company are worth money. The company is a turnkey type operation (also worth money) that just needs to be tweaked back into a positive direction. There are many good companies who could most likely pull this off. Generally, Canadian MJ sales are still on the rise every month and new stores are opening all the time. This is not a done deal by any stretch.