GREY:ALEAF - Post by User
Comment by
thekgs68on Dec 07, 2017 4:28pm
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Post# 27112939
RE:TO THE HOLDERS OF THIS, WOW......
RE:TO THE HOLDERS OF THIS, WOW...... We seem to be on an ugly downward trend ever since this stupid and uninformed post, and it's imperative everyone understands the share impact...immediatly below is an excerpt from the recent MD&A, and my comments are further below
"Operational services will be provided by Peak Medical Group under the terms of a share exchange agreement (“SEA”) with Canabo. Under the terms of the SEA, Canabo will acquire all the issued and outstanding shares of CieloMed on the earlier of: CieloMed assessing a minimum of 20,000 patients under Canabo’s medical marijuana protocols; or six years from the date of the SEA. At closing, based on a 8-day VWAP for the period immediately preceding the execution of the LOI, Canabo will issue up to approximately 1,869,000 common shares (up to 6.4% of the issued and outstanding shares of Canabo), representing up to a maximum deemed value of $1,600,000 in Canabo shares. Any shares issued under the SEA will be subject to a 12-month voluntary pooling agreement. The agreement is subject to both parties maintaining certain performance and quality assurance provisions, the execution of the SEA and TSX-V approval. Aviva Medical Ltd"
In RED above is the critical piece. The shares aren't released/exchanged until either 1) 20k patients or 2) 6 yrs. So getting to 20k Patients for THESE SPECIFIC LABS this is WWWAAAYYYYY down the road, and at the point shares are released there's still a further 12 mth delay. And the VALUE of these patients added to the Database is so incredibly valuable to the CURRENT business Revenue! And CMM then owns the labs!
today's close of $0.55 is a STEAL!