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1933 Industries Inc C.TGIF

Alternate Symbol(s):  TGIFF

1933 Industries Inc. is a Canada-based cannabis cultivator and producer. The Company is focused on the cultivation and manufacturing of a portfolio of cannabis consumer-packaged goods in a variety of formats for both the wholesale and retail markets. The Company operates through three segments: Alternative Medicine Association LLC (AMA), Infused Mfg LLC (Infused MFG), and Corporate. Its AMA segment is focused on the cultivation and sale of medical and adult use cannabis products. Its Infused MFG segment is focused on the manufacturing of Hemp derived cannabidiol (CBD) products. Its product offerings through its in-house brands, including wholesale flower, pre-rolls, and extracted products under the AMA and Level X brands for the Nevada market; and Canna Hemp, a national CBD brand of wellness products, which include tinctures, gummies, topicals and sports recovery products. The Company owns 91% of AMA, and 100% of Infused MFG LLC Infused.


CSE:TGIF - Post by User

Bullboard Posts
Comment by scoproon Dec 23, 2017 9:35am
205 Views
Post# 27221317

RE:BOTTOM LINE!

RE:BOTTOM LINE!
This all makes sense to me. I think we all have to remember this: the terms of "115 million shares" is referring to the number of TGIF shares on the date/time of the LOI was time stamped- when TGIF was valued at $1.00. (Dec. 20?) In a couple of places in the news releases it states "acquisition" and "purchase price". So yes, 115 million shares at $1 per share. I don't believe anyone would agree to purchase or sell anything without agreeing to a price. To those still confused, re-read the news release and the clarification provided by BAMM while keeping the above premise in mind. Upon re-read, it is evident and explicit as stated in the first release's title. As stockwellday(?) says, it doesn't get any clearer than that. To me, it is a fair deal to both. Together, the possibilities increase more than linearly with improved economy of scale. I ended up selling 20% of my TGIF stake yesterday to hedge based on info rooted in misperception. This I regret. On the bright side, it was put into a gold mine that is supposed to receive it's license ratification within the next month so I'm hopefully looking at a double in that time and 5-10x within a year. (Someone asked about other good stocks.) Euro Sun Mining (TSX:ESM), currently has the largest mineable gold/copper assets in Europe. TGIF and ESM are the two best risk~reward~undervalued companies that I am aware of. Peace. https://globenewswire.com/news-release/2017/12/21/1268957/0/en/Body-Mind-Inc-BAM-announces-LOI-with-Friday-Night-Inc-to-Acquire-BAM-in-All-Stock-Transaction-Valued-at-CAD-115-Million.html https://globenewswire.com/news-release/2017/12/21/1269230/0/en/Body-and-Mind-Inc-BAM-clarifies-implied-value-of-BAM-common-shares-relating-to-LOI-with-Friday-Night-Inc.html
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