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Hiku Brands Company Ltd. DJACF

"Hiku Brands Company Ltd, formerly knwon as DOJA Cannabis Co Ltd is engaged in handcrafted cannabis production and building a portfolio of iconic, engaging cannabis lifestyle brands. Its cannabis brands include DOJA, Tokyo Smoke, and Van der Pop."


OTCPK:DJACF - Post by User

Comment by GoodGreenDayon May 07, 2017 6:10pm
117 Views
Post# 26214450

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:News Release

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:News ReleaseCorrect. I just reviewed the slide. 

The opening price based off the 3mil raised at $0.90/share of DOJA = $0.50/share of SG x 1.8shares (ratio from deal, every 1 share of DOJA = 1.8 shares of SG), with 58.6mil shares outstanding at $0.50 would be a market cap of 29.3mil, which is well below comparison of of LP who are awaiting cultivate license after inspection (ex. Beleave).

Unfortunately purchase pre-take over, with 3:1 reverse split, you will only have 1/3rd the value of your shares.
 
Ex. I will round the number from Nikopain example for simplicity, for 15,000 shares at $0.20 for total $3,000. You will now have 5,000 shares at $0.20, You would have needed an opening price of $0.60 to break even, but if the LP opens at $0.50 (0.5/0.2 = 2.5x not 3x), therefore you will have lost $0.10/share of your 5,000 shares which is $500 in the red. However, I anticipate the LP market cap to quickly grow to close to double to meet the market cap of its peers. 

If someone else tinks I'm understading this incorrectly, let me know.
Thoughts?

GGD
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