GREY:ALEAF - Post by User
Comment by
grm9727on Nov 03, 2018 4:19pm
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Post# 28919749
RE:RE:Something is up...
RE:RE:Something is up...I think we are in for something bigger than the Serruya group come the end of trading on Monday. The deal with them has been extended twice now, approval for being up listed on the NASDAQ exchange should have been announced by now one way or the other. I feel these delays are due to Aleafia putting them on hold due to being in discussions with a much larger player, be it for a joint venture or that we are going to recieve a takeover offer. They have posted a "Special Meeting" on Sedar on Oct.20th for a meeting on Dec.6th. for shareholders of recorded of Nov.5th. with no details given. Like I have said before they do not hold Special Shareholder meetings for nothing, there is always some type of vote to be held at these kind of meetings.
It's just my gut feeling, I could very well be wrong but a buy out in the order of $6.50 - $7.50 would be my thinking. We will know this week one way or the other. They will need to post reason for Special Meeting before the week is over, and forward documents to be voted on by shareholders.
best of luck to all us longs.