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TILT Holdings Inc N.TILT

Alternate Symbol(s):  TLLTF

Healthcare Cannabis
TILT Holdings Inc. (TILT) is a Canada-based company. The Company is a business solutions provider to the global cannabis industry offering a diverse range of value-added products and services to industry participants. The Company operates through four segments: Cannabis, Accessories, Corporate, and Other. The Company offers technology, equipment, cultivation, and production services through its portfolio companies. It is organized in three business focuses: Consumer Devices & Packaged Goods, Cultivation and Production, and Retail. The Company is organized in various business units: inhalation technologies, cultivation, manufacturing, processing, brand development and retail. TILT services brands and cannabis retailers across 39 states in the Unites States as well as Canada, Israel, South America, and the European Union. The Company's subsidiaries include Commonwealth Alternative Care, Inc., White Haven RE, LLC, and Jupiter Research, LLC.


NEO:TILT - Post by User

TILT Holdings Inc
Bullboard Posts
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(13)
•••
Post by QcTraderon Dec 03, 2019 6:52am
56 Views
Post# 30416163

Options forfeited ----> Options to be issued (rinse&repeat)

Options forfeited ----> Options to be issued (rinse&repeat)

On September they decided to forfeit 60 217 088 options @ 5.25$ strike price.... 

Instead they will issue 9 045 690 options @ 1.05$ strike price....

 

Now a$$uming $TILT share price would head towards the Original Strike price of 5.25$ what does this mean for insiders? 

It means they will be banking 37 991 898 $ of pure profit, instead of riding the original Options with 0$ profit if 5.25$ is ever reached. 

 

________________________________________

 

Rinse & Repeat since day 1.

 

_________________________________________

 

 

QcTrader in da houze fo the Kookie yo!

 

 

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