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 thekgs68on Dec 28, 2018 2:59pm

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Post# 29165884

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

Upset or not, the only reason this Deal doesn't go thru is becuae there is a better Deal than what is currently on the table from ALEF.

And I can't belive this is trading here, what an absolute steal! For each share of EMC you buy today you're buying ALEF right now at $1.05 vs ALEF actually trading at at $1.40 now. LOL

bg8ts wrote: 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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