OTCPK:GBGPF - Post by User
Comment by
MartialArtson Jan 22, 2018 5:41pm
115 Views
Post# 27411270
RE:RE:RE:Why HIP at 2.20 someone may ask...
RE:RE:RE:Why HIP at 2.20 someone may ask...
There is no new deal to be accepted. It's a done deal at 33 CMED shares for each 1000 HIP shares. HIP shareholders overwhelmingly approved it.
The ball is in CMED's court. They can continue to recommend it to CMED holders or, they can decide to bail and pay the separation fee.
HIP already has signed an 18 months supply deal starting this month with CMED. Either way CMED covered its bases.
Now, it's negociating with ACB. ACB needs CMED for its dominance play. CMED does not need ABC for its recreational play. In fact, some shareholders would prefer to run the UP Cannabis brand with HIP.
Either way, it was easy to add more CMED today. Sold part, rebought it on the trade and added a lot more during the day.