RE:RE:RE:How can this company still be trading?But you put your trust on this fraudster shorts? Does that make sense Anus? Don’t worry about my money, it’s in good hands.. just increased my position this morning, so I’m good.. think about covering your position, otherwise you are going to be called a leaky Anus.. LMAO... now off to the ignore pile with the rest of the Shyt!!
Anschutz wrote: How can you guys trust Vic enough to put your money in this company? Every time I read anything about this company it just gets more and more bizzare. Really?? A hostile takeover by a shell company where GGB and APHA insiders are one of the same? This sh$t just gets crazier and crazier.
enrgizer wrote: Oh Anschutz, give it a rest!! You have no power here!!! Lmao!!
Anschutz wrote: Summary: Aphria Inc. (NYSE:APHA)
- Yesterday Aphria received a ‘hostile’ takeover offer from a company called Green Growth Brands Ltd. (“GGB”), which aims to acquire Aphria in a C$2.8 billion all-stock deal.
- GGB’s second largest shareholder is a fund sponsored by Green Acre Capital, a firm that lists none other than Aphria CEO Vic Neufeld on its board of advisors. Aphria has invested directly in the fund and therefore already owns a significant stake in GGB.
- GGB recently listed a current Aphria board member on its own board of directors. Other recent GGB directors have obvious affiliations with Aphria and its related persons.
- GGB was formed this year, has almost no revenue or tangible assets, and has limited operations. Despite this, its newly-listed, thinly-traded stock has spiked to a market cap of ~C$890m on average daily dollar volume of only ~$1.3 million.
- In short, we think GGB is largely a worthless entity with numerous signs of Aphria related-party influence. This entire proposed deal strikes us as merely an epic next step of Aphria’s brazen shell game.
- We view this offer as non-credible and likely an attempt to generate the appearance of demand in the hopes of spurring credible offers.