Emblem Corp EMMBF

RE:Newbie question For longs only

[HighGuy420]

Your shares will be converted to ALEF, and once that happens, you can sell the stock for cash. 
As of today 0.8344 x 1.31 = $1.09 a share. And dropping by the day. LOL.

Buddeh wrote: So if the SP keeps dropping to say 10 cents, do we still get 83% of ALEFs share price value? 

Will our shares be converted to cash or to shares of ALEF? 

Also, is there a tentative date for this merger? 

Thanks in advance.