RE:Real value $6.50After they are announced??
They were announced already. Thats how you know about them. They are not even available until March. As in just before legalization. Enough time to trigger them during 4:20 until July. So far the return on these deals has been at least double within a year. So if it takes a vwap of $9 to trigger the conversion of the debt (at 6%) to shares and this has happened with every BD and financing they have done. What do you think the chances of everyone involved wanting the those $6.50 shares on sale above $9?
Who do you think is driving this bus? If your answer is anyone other than the bankers you need to take a look at who is making the cash right now. Banks don't like risk generally. Big banks still won't touch this. Even the guys involved are (have very much already done so) taking their risk and now profits. They are still in the game. Just not on their cash anymore. I know I like playing on winnings.