Instadose Pharma Corp (INSD)

[congotongo]

In the past I have called out some of these ridiculous ownership structures in instadose with carve outs, that are to the detriment of Instadose shareholders.

As an example:

"Delivery of the first 2.125 ton lot of new South Africa cannabis to IDP Macedonia was completed on December 25, 2021. Instadose Canada expects to generate net revenue of approximately US$3 million under the terms of the North Macedonia joint venture agreement."

3 million. Thats all? For the biggest most awesome, most world record breaking shipment of all time? Just 3 million? If this truly was good quality flower, and sold medicinally, it should get between 5-7 per gram. so even with the 50 percent carve out, the net amount to instadose seems really small.

As well, I have never really seen an 8K that gives a ton of forward looking statements.

"Delivery of the Colombia cannabis into North Macedonia is presently scheduled to take place in and around June 1, 2022."

This statement is completely made up. Its not legal to export flower yet, so you certainly cant give dates.

"Instadose Canada anticipates being able to import medicinal cannabis into North Macedonia under the Mexico project prior to December 31, 2022."

Again, dont know how they can give specific dates in an 8K considering its not legal to export cannabis from mexico.