SOL Global Investments Corp C.SOL

Verano going public.

[Sonofzzoro]

SOL after dilution own approx 10% of Verano. $2.8b valuation means approx $280mm for SOl.... in US dollars. Todays rate is approx 1.28 so approx $359,000,000 CDN to SOL. Outstanding shares are approx 54.5 mm meaning that the Verano investment is worth approx $359mm/54.5mm shares which equals $6.59 per share as of today. Throw in BLUM.U which I believe will be taken over very soon and you come to a CASH value of over $7.25 per share. THAT IS A CASH VALUE. Not to mention all other holding for SOL. So a stock with a CASH value of over $7.25 is trading at $2.80. I will fully admit I am long this stock and will be adding to my position Monday morning. Full disclosure to all reading this.

[Jasper54]

Long also...there is tax to pay on the investment gains...what is Sol  going to do with the money...dividend?.

[Sonofzzoro]

Share distribution..... Shareholders get the shares..... Work it out 

[Plaindisclousre]

Not a chance they will declare a dividend capital or regular.  The interim CEO, part time CFO and the two independent directors hardly own any shares.   You can be sure they will hang onto the capital / investment, pay bonuses, issue DSUs and PSUs and use the platform to get paid as "executives" not as shareholders.   Vote No to the PSU.  

[thorgb1]

Andy doesn't own any SOL? Might want a do some more homework dude.

[Jasper54]

Owned thru wife and other companies 

[thorgb1]

This guy right here, he gets it.

[Plaindisclousre]

Do your homework. Be informed.  The Nov MIC shows he owns 505,000 shares (directly and indirectly).   That's less than 1% of any dividend.  Yet his contract syas he gets 70% of any bonus pool = PSUs or cash bonuses.  In 2019 his cash bonus was $7 million.  No chance he can get those dollars in a dividend.  Do The Math.  It's pretty basic.  Vote

[Jasper54]

October report and lots bot since.. insiders own 3.6 million shares. Last report 

[Jasper54]

What idiot wouldn't buy stock knowing the future value..especially Defran...this Verano was shopped publicly 2months ago. PRICE PRECEDES NEWS ..Always

[Plaindisclousre]

The MIC is dated November shows the 2 independent directors own zero (what pubco only has 3 dirs btw?).  The interim CEO owns 505,000 and the partime CFO owns zero.  So maybe former execs and dirs are still showing as insiders on SEDI (it doesnt update itself) and their holdings are what you're seeing. ?   Who reallly cares - They are not paying a dividend BUT clearly

[thorgb1]

It's laughable that you think Andy only has 500K shares, buy hey whatever floats your boat. Go crazy, send your proxy in and vote how you like. It will pass resoundingly anyways. While I doubt you are actually a shareholder, guys like you should simply STFU and enjoy the ride you are going to get. $5 minimum will come fast as institutionals move in to get a piece of Verano, stuff happening

[Plaindisclousre]

The MIC says 505,000.  If you think he's not disclosing his holdings as required by law you are the fool to believe he cares about you making any money.  It's a fact - he owns very little.  He has taken $8+ millikn in cash bonuses thiushj and much more to come.  And I'm sure I own more than you.   Anyway you would do well to open your mind, think and

[thorgb1]

LOL, whatever you say big shooter. Your first post here was less then a month ago, and all negative, but you are a major shareholder. Makes sense, lol. Per my previous post, vote however you want, it will not matter. Like I said, STFU and enjoy the ride. I'll take you off ignore at $5 so I can virtually teabag you.

[Plaindisclousre]

Get psychotherapy soon.   Meantime $5 will be $6+ if the PSU is defeated.  But hey, you can't think through that connection to your financial best interests and prefer psychotic insults.  Sad.  

[Jasper54]

18 million traded since Nov 2...35% of float 7 million 15%..bot by Eight ball capital...the broker those hoods trade thru just saying l