CannaRoyalty Corp C.CRZ

Origin House is a growing cannabis product and brands company operating across key markets in the U.S. and Canada. The company delivers over 130 branded cannabis products to the licensed dispensaries. It provides distribution, manufacturing, cultivation and marketing services for its brand partners. The company operates through two operating segments, The Corporate segment derives income from non-operating investment and The California Operations segment engaged in cultivation, manufacturing, an

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CannaRoyalty Corp > Hi. I'm suddenly confusing myself about the deal.

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Post by Demian72on Nov 08, 2019 12:48pm

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Post# 30328185

Hi. I'm suddenly confusing myself about the deal.

dude, sorry to say that, but reading your post one thing comes to mind: you should stay away from stock trading or investing as far as you possible can. You will lose all your money otherwise. I have never in my life come across someone as dubm in stocktrading as you are.

Porkirorki wrote: So the price of ORHOF is totally irrelevant once you own the stock, right? (assuming it does not go up 800% before the deal of course) One's shares will be converted at .85 cres for each orhof.

But these will be converted at the current Cres price, right? So wouldn't we all want Cres to take a dive right before the conversion, so we get more shares of cres? So say I have 1000 OR shares, bought at $6 (price completely irrelevant i think). I will get 850 cres at, today, $6.45. But if cres tanks, I'll still get 850 shares, but at say $3. Then when i spikes later on, I get all profit since $3, not since $6.45.
Why am I so confused? Is this correct or am I wrong? Anyone?