Will Fia merge IEX & JEN?Makes complete sense to me, (and this is all JMO). Why would Fia still hold the president title on both?? JEN, a skin care company looking to expand on their own products, and acquire other non competing (companies) products to add more to the portfolio (and bottom line).
IEX, another mining sector company seeking to purchase a cannabis company, and coming real soon by their market reaction . (Everyone is either switching to become a cannibis, crypto, or bitcoin outfit).
cannabis will be the main highlight (ingredient) in skin care products for the next decade. For that reason alone, as long as Fia is still the at the helm, I think he merges the two.
The Chinese are the largest consumer when it comes to skin care products, and a merger or JV would allow for a host of products to become available under a single brand. A Chinese deal would be massive!
Oh ya, then there is positive results on inactivating the Zika virus, with more tests to come, but these further tests will not hold back the commercialization of the Therozap, JEN can start manufacturing them as soon as a deal is in place, as there is 20,000 other insect bites that it works on.
Yes I am an optimistic investor as you have read above, but Fia has made me a sh@it load of TFSA cash, so I will continue to hold shares in both JEN & IEX, however I might take some profits from my 0.125 cent paper over at IEX and put it over here. Jan 15th is DD day on the acquisition, can't wait to see that news. GLTA still holding stock!