ICC International Cannabis Corp WLDCF

Clarity for all, No more debate.

[GainsAreToCome]

This is how this deal works:
(actual number of shares received and issued will be based on the volume-weighted average trading price of Aurora Shares on the TSX during the applicable 20 day period preceding the completion of the Transaction).

Example:

ACB 10$ P/S ICC: 1.95 P/S    ACB:ICC Ratio: 0.195 1000 Shares of ICC =195 ACB shares

ACB 5$ P/S ICC: 1.95 P/S      ACB:ICC Ratio: 0.39 1000 Shares of ICC =390 ACB Shares.

It's like a cash deal but we get ACB shares based on fixed ICC price of 1.95 for those shares, but we almost in no circumstance get 
1. Any short term upside of ACB as deal is being decided.
2. Or any control over our sell price for liquidity because we don't know when the deal will be effective or where ACB will be then price wise.

This is what this deal is, there is no more time for debate.

This deal imo was a bullshit tactic to get a bidding war started. At least I pray it is, theres no way that halt all day was for nothing. It doesn't add up. It doesn't add up.

[Iamsuperss]

That’s pretty well the way I read it. It really doesn’t make too much sense, especially without a definitive date or at least a definitive date of the 20 day share price.  I thought the the same re: bidding war & also wondered the point of the halt after 12:30. 

[TheSpartan77]

Yup, thats exactly how I understood the article, but it is very unclear regardless. Seems ACB has all the power...They release some bullshit NRs and price booms and they acquire cheap because were capped at 1.95... That halt made no sense...and Im right with you in the praying...for a bidding war...Aurora intercepted Newstrike and got them out of the Cmed deal last year...Someone needs to do the

[dlornemoney1111]

I do not agree if this were the case then the price would of rose to 1. 95 on the open market immediately it did not .