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MYM Nutraceuticals Inc MYMMF

MYM Nutraceuticals Inc is a Canada based company engaged in the business of acquiring and developing natural remedies. The company is focused on the medical marijuana business by producing cannabis growing facilities and products.


GREY:MYMMF - Post by User

Bullboard Posts
Comment by WeeblesWobbleon May 01, 2018 12:13pm
106 Views
Post# 27964882

RE:RE:To State the Obvious

RE:RE:To State the ObviousI would agree that giving share compensation to new hires is share dilution.  The question is whether the dilution is material.  If a new executive get options for 250,000 shares, the dilution would be approx. 2/10ths of 1% (based on issued and O/S to 107 million shares).  Based on a market price of $1.73/share, the price impact would be approx. 4/10ths of a penny.  Material?  IMO no.

The rules are far more than guidelines since failure to comply can lead to suspension of trading and IIROC sanctions.

I did have a chuckle about being a company man.  I am a retired accountant who possesses no horticultural or marketing skills.  Since they already have a CFO, I doubt MYM has any need for my services.  LOL
Bullboard Posts