Nuuvera Inc. V.MIAP

"Nuuvera Inc is a Canadian cannabis company. It is focussed on low-cost cultivation, product development, commercial production and global distribution of cannabis, cannabis oils, cannabinoids and cannabis derivative products in legalized markets. Through its subsidiaries, Nuuvera holds a dealer license under the Narcotic control regulations and the office of controlled substances."

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Nuuvera Inc. > Why is this not trading at $8.50

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Comment by NevadaRayon Jan 29, 2018 8:07pm

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Post# 27458979

RE:RE:RE:RE:RE:RE:Why is this not trading at $8.50

And if the naice sell this down to 10 bucks a share. you're screwed

JobeAustin wrote:

Newtothis123 wrote: As my name indicates I am very new to this trading business. Big learning curve for me. Can someone explain in layman's terms what this statement means? "Nuuvera shareholders will receive $1 in cash plus 0.3546 of an Aphria share for each Nuuvera share held" If I purchased 646 shares of NUU today does that mean I will receive 229 shares of APH? (0.3546 x 646) and 646.00? Please ignore my ignorance on the subject. tx

How can we ignore your ignorance on the subject *your words* and answer your question at the same time. Your formula is spot on. 646.00 goes in your account as cash and Nuuvera shares drop off and are replaced with 229 Aph shares. cheers