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Bedrocan Cannabis Corp. V.BED



TSXV:BED - Post by User

Comment by CasusFortuituson Jun 24, 2015 5:41am
155 Views
Post# 23862351

RE:RE:Tweed acquires Bedrocan

RE:RE:Tweed acquires BedrocanJust did the math... and not very happy about the result.

"Bedrocan Canada shareholders will be entitled to receive 0.4650 common shares of TMI for each common share of Bedrocan Canada held." based on the $1.80 Tweed SP on June 23, 2015 that comes out to

.465 x $1.80 = .837 cents/share! 

WTF!

Bedrocan posting their first revenue numbers after starting domestic production should have pushed the SP well beyond 83 fvcking cents!

Why would Bedrocan make this petty @ss deal now!?

This is BULLSHHIT!
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