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MYM Nutraceuticals Inc MYMMF

Healthcare Drug Manufacturers - Major
MYM Nutraceuticals Inc is a Canada based company engaged in the business of acquiring and developing natural remedies. The company is focused on the medical marijuana business by producing cannabis growing facilities and products.


GREY:MYMMF - Post by User

MYM Nutraceuticals Inc
Bullboard Posts
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Comment by WeeblesWobbleon Nov 02, 2018 10:55am
59 Views
Post# 28914137

RE:RE:RE:Perspective

RE:RE:RE:PerspectiveAcquiring Budly cost almost zero cash since the purchase price was paid in MYM shares.  Out of pocket cost was $23K in legal fees.  And MYM has ROFR for use of the app in the US if US legalizes weed.  Not really a bad deal IMO.  Not great, but not bad either.

Micro-soft comparison was drawn only to make the point that if Gates and Allen had listened to the nay-sayers, I doubt the PC revolution of the 80's and 90's would have happened.

Right now demand is far outstripping supply.  IMO this is not likely to change for 12-18 months.  Once supply meets demand, we will then start seeing industry consolidation.  It won't bother me one bit if MYM gets taken over by someone like Aurora at $8-$10/share.
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