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The Canadian Bioceutical CBICF

MPX Bioceutical Corp is a Canada based company involved in the natural health products industry. It is engaged in the manufacture and distribution of nutraceuticals to the North American marketplace and providing financial and business expertise to emerging corporations primarily in the pharmaceutical, medical and biotechnology industries. The company provides management, staffing, procurement, advisory, financial, real estate rental, logistics and administrative services to two medicinal cannab


GREY:CBICF - Post by User

Comment by Kmd001 on Oct 20, 2018 6:59am
118 Views
Post# 28840071

RE:RE:Confused.

RE:RE:Confused.Don't be confused, There are two components here.  #1, IAN is buying MPX.  You are getting paid for your MPX with .1673 shares of IAN for each MPX share.  Based on the prices before the deal was announced, it's roughly a 30% premium for your MPX.     In addition, they are also spinning off their non-US business into MPXI, and issuing those shares to all MPX holders, for free.

So, you are getting paid in IAN shares, and you are getting MPXI shares.  No need to be angry
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