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Emblem Corp EMMBF

Healthcare Biotechnology Cannabis
"Emblem Corp is a licensed producer of medical cannabis. It is intended to cultivate and cure cannabis for medicinal use. The group operates in the business segment of production and sale of medical cannabis."


OTCPK:EMMBF - Post by User

Emblem Corp > Way Over priced?
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Comment by aurumtraderon Dec 13, 2016 2:19am
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Post# 25590057

RE:RE:RE:RE:RE:RE:RE:RE:Way Over priced?

RE:RE:RE:RE:RE:RE:RE:RE:Way Over priced?I think people overlook the value of the warrants as well. They have a strike price of $1.75 I think the news release said. I bought a bunch at 1.35-1.60 (average about 1.48). So 1.48+1.75 = 3.23. That is my all-in max price. If this thing ever hits $8-10, that is guaranteed $5-7ish profit per share.

I do agree about CGC. It is the same as ACB. Aside from massive amounts of shares that came on to the market due to conversions on the debentures, they began showing well over 1mill+ revenue and now the share price is holding steady. EMC will be the same when revenue comes in. 

Hype always gets people in the door, revenue keeps them here.
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