“Tetra Bio-Pharma the most undervalue quality MMJ stock is spinning off an IPO LP (licensed producer)
15,000,000 shares of North Bud Farms, representing 41% ownership, will be given to Tetra Bio-Pharma shareholders.
Tetra Bio-Pharma current shares are 118,000,000+ according to the last securities administration filing.
Add shares from the recent PPO of 10 Million for 128,000,000+ total outstanding TBP shares.
Add potential warrants of the PPO of 10 Million for 138,000,000+ " " " " " " " " potentially.
For each approximately ten shares of TBP, shareholders will receive 1 IPO share.
IPO will be conducted on a Canadian exchange.
IPO prices typically range from one to two figures in Canadian dollars.
$5 IPO would equal a little over half the value of your TBP holdings, giving you an immediate increase of 50+ percent even if TBP stayed flat while all this occurred. If TBP responded upward, of course the value overall goes up by that, too.
$10 IPO would equal a little over 100% of the value of your TBP holdings as of today, giving you an immediate double in value even if TBP stock stayed flat while all this occurred. Again, there's no way TBP stays flat while this unfolds.
To me, this represents the best opportunity for MMJ investors. That's my opinion on it. Do your own numbers and see for yourself.
Some of the things have not happened yet. The facility is not yet completed. I believe it will be and soon. I believe HC will approve it quickly because they have at the very least two fine consultants who can advise them on it, Tetra Bio-Pharma and Aphria, both being major shareholders now in North Bud Farms through this deal. I believe the IPO will happen on schedule and at a good price because of all the factors around it, starting with Tetra and Aphria both being involved, however directly or indirectly they do so. They also have a ready market for their product in both companies Tetra & Aphria working together on PPP001 and PPP005 dried and oil of cannabis pharma grade. We are heading into a time period where MMJ companies are going to go even higher profile than ever due to all the legislative gains to be made over the course of the Summer. If you have your position, don't forget what it means; remember you now also own shares in NBF or whatever the symbol will be, hopefully something neat and cannabis related?. BUD is used by the beer company, but BUDS isn't.”