OTCPK:EMMBF - Post by User
Post by
darter2on Sep 13, 2018 11:30am
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Post# 28612368
Emblem
EmblemLooking like a very strong start (2.12 high with over 1.3 million traded..) today while the the big boys are down.
Love this news and the news about the Aphria deal. The Aphria deal ensures a steady supply of Emblem's strain of weed over the next 5 years so no glitch in supplying our buyers. This is very important when establishing our name and brand (they can depend on us) and will keep them coming back. Smart move on EMC's part and obviously the street thinks so to. Because of this deal some may think that the Natura deal is in jeapardy but I dont think so with the recent news on EMC giving them 3 mill (?) upfront to get things going. Also, this is a big takeover and my guess is the final papers are in the hands of the lawyers who are pouring over the documents. This most always takes longer than expected.
I also think that Aphria might be a little more interested in EMC than just a supply deal and time will tell.... With the acceptance of the shares as part of the deal they now have a foothold in the company (they now own over 5%). Kind of makes you wonder doesn't it? At a minimum it shows you that Aphria has done their due diligence and believe EMC is a strong sound investment. And who wouldn't, the EMC team are implementing their strategy very well and the street is starting to take notice. Be it Aphria or some other company, I hope we don't get taken out (at least for awhile) since I think the stock will go much higher on its own.
I feel very fortunate having started my investment in EMC only around a month ago at $1.18 (see my previous posts "This is a Gift") and have averaged up to about $1.45 with a sizable amount of shares. I bought again yesterday because I believe that once the Natura Naturals deal is finalized (which could be any day), you wont be able to buy shares at these levels again IMHO. If EMC continues implementing the way they are, I think the all time high (around $4 IPO if I recall) will come sooner than later. Legalization is just around the cornner now folks. Very exciting times for the shareholders of this company.
Good luck!