OTCQB:EMHTF - Post by User
Comment by
Ashpashon Mar 24, 2019 1:40am
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Post# 29528102
RE:Patience
RE:Patience i agree. Let's say they both agree to merge or vff buys out emh, they still need to raise cash in order to proceed ahead for D2 and D3 phases convertion, unless some institutional money or some one like pepsi or coke give them huge pile of cash which is quiet possible if you think about it.
my concern is we as shareholders what premium we could get from holding emh shares. i am thinking fair value would be1:1 if VFF decides to buy out EMH as Emerald has already signed supply agreement with 3 provinces, 51% owning of EHN,100% owned Northern Vine and Quebec facility Verdelite. also 1000 acres of hemp and contract signed with Natural factors Canada, Extraction agreement for 3 years with Medipharm and also with Indane in Italy. with all this in place EMH should be same market cap as VFF.