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Green Growth Brands Inc GGBXF

Green Growth Brands Inc is engaged in the healthcare business. It is a cannabis retail company operating worldwide. The company's brand profile include CAMP, CBD, Meri + Jayne, and others. It has two operating segments; the cultivation, production, distribution and retail selling of cannabis products, and the production and selling of CBD-infused personal care products through retail, digital and wholesale channels.


GREY:GGBXF - Post by User

Comment by Greedeon Nov 08, 2018 1:52pm
125 Views
Post# 28945268

RE:RE:RE:RE:When will GGB trade? I see XTHC is on their website

RE:RE:RE:RE:When will GGB trade? I see XTHC is on their websiteGreat, much appreciated.

So it will be interesting then if GGB, after all of these share re-orgs, if the actual list price of GGB will be $2.00/share come November 13.

That's quite a nice jump because that would mean for XTHC holders, their share price will have jumped to $0.50.

Plus, GGB is a company that is really turning heads and makes the investment story even more interesting for a long-term hold. 


JackStrate wrote:
   
to me from Tim

Let me walk you through it. 
 
If you held 125,000 shares of GGB (of the pre-transaction private company, they would be exchanged at 3.435 for Xanthic Shares = 429,375 Xanthic shares, which will be consolidated 4:1 resulting in 107,344 shares of the resultant issuer.
 
If you hold 125,000 shares of Xanthic, they will be rolled up at 4:1 resulting on 31,250 shares of the resultant issuer.
 
I hope that is clear.

Tim Moore

 


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