Tag: Vic Neufeld
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Five distressed weed companies fired their CEOs – did it help? (OGI.T, ASNT.C, APHA.T, N.V, WEED.T)
Winning sports teams rarely fire their managers. Losing ones always do. Sometimes a new manager can reverse the fortunes of a losing team. Example: When $3.1 billion Manchester United fired its pompous toxic manager, Jose Mourinho, in December 2018, the club was in a woeful 6th place – having lost 45% of its games that season. After…
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We told you so: Aphria (APHA.T) and Green Growth Brands (GGB) terminate bullshit takeover bid
In the days earlier this year, when it became clear from a short seller report that Aphria (APHA.T) had bought into foreign assets that were largely ‘early stage’ if you were being charitable, and ‘fake’ if you weren’t, the company went through four stages of denial. The takeover bid was bullshit from the outset, a…
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Aphria (APHA.T) ‘Special Committee’ confirms short seller conflict of interest allegations
Several months ago, Aphria (APHA.T) lost a good chunk of its worth when short sellers accused the company executive and board of (in a nutshell) feathering their own nests by agreeing to acquire properties from themselves, for much inflated prices. Today, after a ridiculously long wait which involved the CEO stepping sideways from his position…
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Xmas news dump: Aphria (APHA.T) subject to ‘unfriendly’ takeover by company CEO advises
This Aphria (APHA.T) story just keeps getting richer, and the unbelievable lack of respect this company is giving the market and regulators is a sight to behold. Let’s recap the last few weeks: So now we’re into the dead days of the 2018 market, just after Christmas and right before New Year, when few are…