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Bullboard - Stock Discussion Forum ICC International Cannabis Corp WLDCF

ICC International Cannabis Corp is a Canadian company which is engaged in planning, designing, building and operating cannabis production, processing, and distribution facilities worldwide. The company through its holdings is engaged in the pharmaceutical distribution, wholesale importation, research, and development, as well as working interests in industrial hemp licenses in Greece, licenses... see more

OTCPK:WLDCF - Post Discussion

ICC International Cannabis Corp > why ICC buy 49.9 percent of wayland with 100 m
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Post by mingzhu on Apr 06, 2019 9:49am

why ICC buy 49.9 percent of wayland with 100 m

by issuing 300 m shares while Wayland market Cap is 75 M USD, 100 Canadian?

That is half of the market cap.

https://www.marketwatch.com/investing/stock/75m?countrycode=de&iso=xfra

anyone can explain?
Comment by Gilbert90 on Apr 07, 2019 9:47am
mingzhu : ICC isn't buying 49,9% of Wayl.  They are buying 49,9% of the international asset of Wayland.  Which by the way was due (the buying) first of march. The original terms of the transaction (which I believe will change based on the last news*** about Wayl) are : Wayland will receive 300,000,000 shares of ICC that trade under the symbol WRLD.U on the Canadian Securities ...more  
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