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The Canadian Bioceutical CBICF

MPX Bioceutical Corp is a Canada based company involved in the natural health products industry. It is engaged in the manufacture and distribution of nutraceuticals to the North American marketplace and providing financial and business expertise to emerging corporations primarily in the pharmaceutical, medical and biotechnology industries. The company provides management, staffing, procurement, advisory, financial, real estate rental, logistics and administrative services to two medicinal cannab


GREY:CBICF - Post by User

Comment by ADMIRALPon Oct 20, 2018 10:26am
88 Views
Post# 28840433

RE:RE:RE:RE:Confused.

RE:RE:RE:RE:Confused.Good day All.... I am confused as well... Here is my understanding, can someone please correct me if I am wrong, and set me straight..... IAN is buying MPX.... they are using a Ratio of .1673 , they are using this number because on the 17th of October when this was put together / announced that was the price  ratio between IAN shares and MPX Shares ... ie..... from a dollar value stand point  10 MPX shares are equal to 1.673 shares of IAN........ So they will rreplace My MPX shares with IAN Shares, at this ratio... so take the number of MPX shares you have and multiply by 0.1673 that will tell you how many IAN shares you will own  ==== So 10,000 MPX shares will turn into 167.3 Shares of IAN... the value for those shares will be what ever IAN is trading at, at the time of the conversion.
NEXT.... they are forming a new company MPXI that will take care of International Business.... Current MPX shareholders will be given 1 for 1 shares in this New Company....I have no idea what those shares would be valued at..... SP might be whatever MPX was trading at when the NEW company Hits the Exchange, and MPX (old Company ) ceases to exist.  == or == Maybe the New Company MPXI will be given a fair market value based on the ussual factors... ie assets. debt, Income?.... Although this seems plausable..... i am not sure its correct... simply because... in tis scenario.... it would seem that my current money in MPX will become IAN shares of the same value.... AND.... I will shares in the New Company that are equal in Value to what I currently have.... from this standpoint.... if, at the time the deal goes through, and I now have shares in both  companies at said values.... I can sell both of them at open, and its a guaranteed double!..... This cant be right..... if thats the case load up on MPX shares now.... and double your money..... Cn not see tat happening... so I gues the question is, what will be the pening value of the shares i the new company?.... Again... I am as confused as most.... and dont have a real understanding here... so this post is merely to try and get an explanatio out there that maks sense... I AM NOT saying what I have outlned here  this post is what is happening here,... so please set me, and a few others sraight on this. This could be an awesome rare opportunity..... or a huge gamble or even nghtmare. Thaks in advance GTYA
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