GREY:BZAMF - Post by User
Comment by
UserErroron May 30, 2018 3:52pm
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Post# 28101158
RE:RE:RE:RE:RE:RE:Current Fair Market Value is......
RE:RE:RE:RE:RE:RE:Current Fair Market Value is......Aurora cannot purchase them for 18 months from the IPO date.
The agreement will have Aurora consistently increasing their ownership as TGOD hits certain milestones. All purchases will be at 10% below the market value. This is essentially a built-in financing agreement.
8% 3 months after going public
8% when Quebec facility construction is 50% complete
8% when Quebec facility receives cultivation license
12% on revenue milestones
The next big catalyst, other than legalization, is for Hamilton to accept their proposal to build an even bigger facility. They have 100 Acres of land and the existing plans are only a small footprint of it.