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Bullboard - Stock Discussion Forum SOL Global Investments Corp C.SOL

Alternate Symbol(s):  SOLCF

SOL Global Investments Corp. is a Canada-based diversified international investment and private equity holding company, which is engaged in investing in small and mid-cap sectors. SOL Global provides growth capital to small and mid-sized businesses. The Company’s investments range from minority positions to strategic holdings with active advisory mandates with an objective of providing... see more

CSE:SOL - Post Discussion

SOL Global Investments Corp > Verano going public....
View:
Post by thorgb1 on Dec 04, 2020 5:18pm

Verano going public....

BOOM!!!

News here
Comment by Plaindisclousre on Dec 04, 2020 6:34pm
That's Big News at SOL's 12.6% ownership in Verano (diluted by Altmed tranaction?).  Using a USD$2.8 billion valuation for Verano that's 3X todays' market cap.   Kinda' seems material.   Gee wonder why SOL direcrors haven't aletered shareholders to this material news?   Oh maybe so they can get the Performance Share Unit plan passed first ...more  
Comment by thorgb1 on Dec 04, 2020 7:09pm
Your an idiot basher. Verano is a totally separate company. SOL can't make comment on the actions of a portfolio company based on a media report, they need to wait until they are formally announced.....i.e. they have filed the appropriate paperwork with the exchange to list and complete the reverse takeover transaction.  This is all good for us, but you can see with tne recent pop; in ...more  
Comment by Plaindisclousre on Dec 04, 2020 7:16pm
ok if you and all your credentisla wish to blindly say so...   Still think you should Vote "No" to the PSUs.  
Comment by Plaindisclousre on Dec 04, 2020 7:21pm
OK, if you wish to blindly say so...but pretty sure Verano has value markers that trigger an increase (timely) by SOL using its Level 1, 2, 3 assessment method.  Who cares really at this point?  Suggest you Vote No to the PSU cash grab.  That's not hypothetical, but a clear cut no f'ing brainer...if you're long the stock.
Comment by Jasper54 on Dec 04, 2020 10:40pm
Ok back again there raising 70 to 90 mill on a 2.8 bill valuation on a receipt deal....need to close prior deals going public in january...value will drift to market comps...4 bill.. total asset value 10 to 12 per share.... Defran discount plus performance ripoff...target price...$ 5.50
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