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Emblem Corp EMMBF

"Emblem Corp is a licensed producer of medical cannabis. It is intended to cultivate and cure cannabis for medicinal use. The group operates in the business segment of production and sale of medical cannabis."


OTCPK:EMMBF - Post by User

Comment by HighGuy420on Dec 19, 2018 4:55pm
74 Views
Post# 29137373

RE:RE:Shareholders still have to vote

RE:RE:Shareholders still have to vote
fringelife wrote: Even if they do vote no, this is still going to hurt this company's reputation now that we know this CEO will sell for cheap. 

Dcoyote wrote: Hopefully they will vote no cause they can get a way way better deal than this. 




I don't understand the benefit of selling so cheap by the CEO. I think people were right, this company was 2-3 quarters away from moving the needle to between $1.50 and $2.50 a share.  Unless they didn't have the financial runway to last that long.

This deal also made all of executive leadership team's options useless, unless they will pick up new ones at a lower price! 

I'm baffled and confused. Debated getting back in at $0.90 a share, but now not so sure.


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