OTCPK:EMMBF - Post by User
Post by
jammer4444on Jun 05, 2017 1:30pm
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Post# 26325504
Market Estimate
Market EstimateYes the analysis only considers 5 producers, not all 45 that are currently licensed in Canada. And it ignores the fact that a new license is being issued every month. So the actual production will be about 10x higher than those extremely deceptive numbers that were presented in the IPO documents.
It is very sad that these types of shennanigans are practiced in Canada. It goes to show how useless the OSC is with its regluations that are supposed to protect trusting investors, such as yourself.
Believe me, there will be a day when the management of this company is dragged before the courts. I have seen this happen enough times to know how it ends. But they are so short sighted, and worried about taking as much of your hard earned money as possible. It is a very sad siutation all around. One day they will get what they deserve.
The only positive news is that some rational and honest people can make money on the way down.