Bullboard - Stock Discussion Forum Emblem Corp EMMBF

Healthcare Biotechnology Cannabis

"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."

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OTCPK:EMMBF - Post Discussion

Emblem Corp > on the bid

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Post by run33 on Jun 05, 2017 2:23pm

on the bid

Feels like theft at these levels but that's what I'm about.

Ive got jammer444 doing the heavy lifting for me, lol.

thanks pal.

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Comment by jammer4444 on Jun 05, 2017 2:30pm

Most longs have an average cost of $1.15 because they participated in the private placement in December (when the share price was $4.60)... I'm not sure why you are happy to buy their shares for a 50% premium, at a time when the shares are trading for 1/3 of the price... As I explained before, the share price will continue to slide because the industry is over supplied. The shares ...more

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Comment by run33 on Jun 05, 2017 3:43pm

Actually I have an average cost of $.50 from my PP shares, which I have since flipped into a negative ACB by flipping free trading stock from $2.80's to $4 after it's launch. You need to study the capital structure a little better. The $1.15 paper became free trading in April. We are looking at $.50/$.75 paper coming free trading here, given out to people close to the deal. Some ...more

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