OTCPK:WLDCF - Post by User
Comment by
JRSDIRECTon Sep 10, 2018 9:22am
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Post# 28589039
RE:Seems to be a little confusion...
RE:Seems to be a little confusion...The price of $1.95 appears to be set as it was determined in relation to the SMA 20 on September 7, 2018. As opposed to other agreements that state 'said premium price' based on the close date set in the future.
The problem is the $1.95 is translated into 0.244 ACB shares. So during the approval and transitional time if ACB share slide to say $7.00 we are still only getting 0.244 ACB shares for every 1 ICC Share