OTCPK:EMMBF - Post by User
Comment by
deminimison Jan 11, 2018 11:20pm
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RE:Whassup with Emblem and these guys?
RE:Whassup with Emblem and these guys? Emblem has no stake in this company although I suspect they might buy into the $5M bought deal Canntab is doing concurrently with the reverse takeover.
Emblem’s involvement with this company is that they have licensed Canntab’s Canadian patent on a cannabis sustained release formulation and have entered into a partnership with them to develop other pharmaceutical formulations.
I haven’t done the math on how Telferscot’s shares will be consolidated in the reverse takeover nor do I have any insight on what a fair valuation for Canntab would be but I highly doubt there is any type of arbitrage opportunity here. I am surprised that trading on Telferscot hasn’t been halted.