The Canadian Bioceutical CBICF

CORRECT ME IF I'M WRONG

[SBoom75]

Does this agreement mean the following:

IAN will give MPX share holders:

1.  0.1673 of the IAN share upon closing
2.  common shares of another company holding MPX US assest

IAN is currently trading at 8.22.

So does this mean based on the current tradning prices the values of one MPX share is:

- $8.22 x 0.1673 = $1.37

[donkey42]

YOUR RIGHT THIS IS CORRECT IAN WILL ONLY MOVE FROM HERE WHY PEOPLE ARE GIVING BIG MONEY CHEAP SHARES IS BEYOND ME

[SBoom75]

THANKS.    WOW.  I'M BUYING MORE!  I'M PAYING $1.20 FOR A STOCK THAT IS VALUED AT $1.37 When the market catches wiff of this, then the MPX stock should be aligned with IAN in proportion to the ratio. Let hope this announcement gets some momentum like MedMen!!  

[alexjones]

There is a risk in that if the deal ends up falling through you lose and end up back with mpx shares you've overpayed for. I've been through this both good and bad so be aware if you buy you're gambling it goes through.

[SBoom75]

Thanks for the caution Alex.  I suppose there is a risk with everything. I think it would be far more likely than not for the deal to go through. The MedMan deal is yet close and their share value almost doubled. Worst case scenario is a I buy into a international company who generated 15 MILLION last quarter sales, with a market cap of $700 - $800 mill. I hear they have many

[Greenscreened]

Wrong. It is based on the closing price as of Oct 17,2018.

[SBoom75]

I believe that I am still correct. They calculated the 30% premium based on the close of Oct 17.  The ratio at close is still .1673 If you recall the Canopy and Hiku take over.  I received the ratio on the date the announced the take over. Hiku went up far higher than the share value at the announcement. Read the announcement again.   The Agreement provides that MPX

[MattLaff]

Yeah you're right! The Agreement is on the ratio of 0.1673 and  the representation of 1.28 on the closing of yesterday is only an indicator that the stock is trading under is futur valuation as IAN shares... and at this moment, it's 8.10 x 0.1673 = 1,35 $ So i'm still buying at 1,20, easy 15% on the short term or very good on the long term (footprint is now big), and don't

[AkaJoeBoo]

Plus they will give you shares of MPXI i heard it will be 1:1 !