OTCPK:EMMBF - Post by User
Post by
MrOptimizationon Jan 04, 2019 10:52am
199 Views
Post# 29186101
Back In
Back In LOL - I bought back in at 1.02 today. Figure let's see how this vote goes.
If they reject the vote, that means they think they can get more and opens the door for more bidders.
If they accept the vote, you get a 15% margin.
Only downside is if they reject the vote, and there isn't enough cash to service the debt (the company has solvency issues). But then they can issue more stock, but the stock price would drop.
Hoping for Scenario 1 or 2 above, lol. Plus none of the executives of Emblem get paid (Executive options) unless the stock goes above 1.50 right?
Here's to hoping I never made a stupid choice. LOL. I wanted to buy Supreme Cannabis (FIRE) today too, but it jumped up 20% in the past 3 days sigh. Will wait that one out for now.