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Emblem Corp EMMBF

Healthcare Biotechnology Cannabis
"Emblem Corp is a licensed producer of medical cannabis. It is intended to cultivate and cure cannabis for medicinal use. The group operates in the business segment of production and sale of medical cannabis."


OTCPK:EMMBF - Post by User

Emblem Corp > How Does the Math Play Out?
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Comment by bg8tson Dec 28, 2018 11:53am
151 Views
Post# 29164687

RE:RE:RE:RE:RE:RE:RE:RE:How Does the Math Play Out?

RE:RE:RE:RE:RE:RE:RE:RE:How Does the Math Play Out?According to the response I got from IR, the existing options will be replaced with new options and the warrant strike price and expiry dates remain unchanged, except the warrant will exercise for 0.8377 Alefia shares instead of 1 Emblem share. Of course the offer has to first be accepted by 66.6666 percent of shareholders or the deal does not happen. With 80 percent shares held by retail shareholders this may prove to be difficult to achieve. There seems to be a lot of upset shareholders with this deal.
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