ICC International Cannabis Corp WLDCF

Healthcare Drug Manufacturers - Major

ICC International Cannabis Corp is a Canadian company which is engaged in planning, designing, building and operating cannabis production, processing, and distribution facilities worldwide. The company through its holdings is engaged in the pharmaceutical distribution, wholesale importation, research, and development, as well as working interests in industrial hemp licenses in Greece, licenses to cultivate, produce, distribute, store, and export Cannabis and Cannabis derivatives in Colombia, the

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ICC International Cannabis Corp > Clarity for all, No more debate.

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Post by GainsAreToComeon Sep 10, 2018 10:32pm

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Post# 28594724

Clarity for all, No more debate.

This is how this deal works:
(actual number of shares received and issued will be based on the volume-weighted average trading price of Aurora Shares on the TSX during the applicable 20 day period preceding the completion of the Transaction).

Example:

ACB 10$ P/S ICC: 1.95 P/S ACB:ICC Ratio: 0.195 1000 Shares of ICC =195 ACB shares

ACB 5$ P/S ICC: 1.95 P/S ACB:ICC Ratio: 0.39 1000 Shares of ICC =390 ACB Shares.

It's like a cash deal but we get ACB shares based on fixed ICC price of 1.95 for those shares, but we almost in no circumstance get
1. Any short term upside of ACB as deal is being decided.
2. Or any control over our sell price for liquidity because we don't know when the deal will be effective or where ACB will be then price wise.

This is what this deal is, there is no more time for debate.

This deal imo was a bullshit tactic to get a bidding war started. At least I pray it is, theres no way that halt all day was for nothing. It doesn't add up. It doesn't add up.