Invictus is not forced to sell off part or all of it's business. If they believe it's in the best interests of shareholders to bring in some investment or sell some assets then it would be announced and shareholders would get to vote on that. Also, through the CCAA proceedings, Invictus is able to pay employees through the restructuring period with a $3 Million extension to the pre-existing loan through ATB. Your claim the product is low quality is just your opinion as is your opinion of their revenues.
All true RPM but read post I sent to OD3 that comes from real DD This I do know.. since the remaining Board and management want to keep fighting (while creditors are at bay) the plan to convert AP over to direction of AB LAB which is Top shelf artisan product in buildings #1 and #2..IS in progress... And I can speak to the fact that they have phase three WEST near completion but need a bit of buildout capital and East side needs a larger sum...(German Deal is tied to East Wing and is not dead yet) and would technically come online if they can secure funding to complete it..From what I have gathered (from digging) it is around 3-4 million for East Wing completion... Take it for what its worth... I guess my point (at this moment in time) is right now it's easy to kick a three legged dog (does not take away from pertinent thoughts in this process and yes many of the mistakes were idiotic imo), BUT I choose (today) to deal with real DD I dig out myself as joining in to pile on is not going to help people that are underwater make informed decisions (if they are still holding shares like myself).. imho Have a good one RPM
News 
Market Data 
Discover 
