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Body and Mind Inc. C.BAMM

Alternate Symbol(s):  BMMJ

Body and Mind is a multi-state operator with operations in Nevada, California, Arkansas and Ohio and is dedicated to increasing shareholder value by focusing time and resources on improving operational efficiencies, facility expansions, state licensing opportunities as well as mergers and acquisitions. Body and Mind operates as a holding company and through its subsidiaries, cultivates and sells and retails award winning flower, oils, extracts and edible cannabis products.


CSE:BAMM - Post by User

Bullboard Posts
Comment by bpeterson Jan 13, 2018 7:26pm
154 Views
Post# 27351409

RE:RE:A question for 321PMAC...

RE:RE:A question for 321PMAC...MPAC,
IMO, the 2.4 wsa predicated from 47 M issued & o/s,
that os, 2.4 = 115/47

321PMAC
 - (1/13/2018 6:40:49 PM) 
RE:A question for 321PMAC...
Without knowledge of the methodology of valuation or the terms of the LOI and definitive agreement, there's not much benefit towards speculation. Was the offer predicated on 47m I/O? What about the 9.5m of BaM reserved? TGIF had 35m warrants exercised through December, how do we know which percentage occurred prior to LOI issuance? Neither party could clarify my inquiries above nor the application of 'plus additional shares...' from the LOI clarification NR. I am of the belief that the share exchange will be a minimum of ~2.4:1, a degree of inflation, if any, I cannot meaningfully speculate towards. A definitive agreement has been issued, news of which will be issued likely Tuesday/Wednesday of this week.
Shark1975 wrote:
If TGIF offered 115 million shares to bamm prior to their own 35 mill shares dilution which was about 22% will that make any changes on the bamm's offer ratio ? Will TGIF have to increase that dilution percentage lets say ( 2.4 Ratio x 0.22% dilution) = 2.98 Ratio?
 

Bullboard Posts