Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

ICC International Cannabis Corp WLDCF

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


OTCPK:WLDCF - Post by User

Post by GainsAreToComeon Sep 12, 2018 10:18am
148 Views
Post# 28604114

THIS IS HOW THE DEAL WORKS: NO DEBATE EVERYONE IS WRONG

THIS IS HOW THE DEAL WORKS: NO DEBATE EVERYONE IS WRONGThis 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.

<< Previous
Bullboard Posts
Next >>