TSXV:RTI.H - Post by User
Comment by
oilcan2012on Sep 18, 2017 2:54pm
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Post# 26710261
RE:RE:RE:News by end of september....rumors about buyout
RE:RE:RE:News by end of september....rumors about buyoutAgree. The one factor I have learned to trust immensly is strategic mind of Terry Booth. Unless we are missing something here...
BatmanMTL wrote: oilcan2012 wrote: Surprising if a buyout occurs but I would not be disappointed as an RTI shareholder. As an ACB shareholder, I would be extremely interested to see what the acquisition might look like, concerned about further dilution.
I am wondering why ACB would take it over?
WeedStocks wrote: ACB's 90-day deadline to submit an offer to RTI has now expired. RTI has already received the offer and will probably disclose by the end of September. there are rumors for an buyout. this Stock should be at $ 1.50. fingers crossed
Unlikely a buy out is an option here. Possibly a bigger stake in RTI with a profit sharing agreement on oil sales.
Once RTI has sufficient cash to pay a strong sales team, they can fortify other transactions outside the cannabis industry and convince clients to do business with them. From a strategic point of view, it is key for ACB to sign exlcusive partnership agreement but not restrict RTI from using its technology in other industries to benefit both companies.
ACB's strength is in cannabis, would be unwise to do total takeover.