TSXV:MBI.H - Post by User
Post by
SchiffKnowsBeston Dec 14, 2017 8:21am
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Post# 27154177
Hypothetical Scenario
Hypothetical ScenarioLet's say WJ is about to pull a rabbit out of the hat.....What kind of deal would likely be brought forward? I think VANC is actually a very good example. How about something like the following going down....
-Licensor makes license deal with Med Biogene
-As part of the deal licensor is allowed to fund Med Biogene at these discounted prices
End result is:
-Licensor now holds 40% (if raising $2M) of the shares (hence he need for the reverse split)
-Licensor has some sort of licensing arrangement with MBI
-Company now fully funded to move forward
-Company also now able to pursue adding another pony to the stable (University Health Networ (UHN) got anything else for us?)
Nothing but air to 10 cents.....Let the chips fall as they may.