Emblem Corp EMMBF

When is the merger expected to be finalized?

[ledrog]

I bought in here shortly after the IPO, a small position first in my open account, and then at a lower price in my TFSA later...my first Open Account buy was for $3+ and then in my TFSA a little over $2.  The shares I bought in my Open account were so far underwater than I more or less just forgot about them...I sold my TFSA shares for a small gain and basically tuned out.

Toward the end of last year a friend asked me if I owned any weed stocks and I told him about Embem, and how it had basically forgetten about it....he'd heard of a CSE listed stock and wanted my opinion, I basically said there were all kinds of companies trying to cash in on the craze for pot stocks and that it might be good for a P&D.  

But that conversation got me to look at my Emblem holdings again and I figured a double bottom might be forming so I increased my position significantly...almost ten fold in fact.  Then the ALEF merger news came out but the market hasn't reacted as bullishly as I would have liked....but at least we're decently over a buck.  

I'm still underwater but not by much....and if my shares converted over with ALEF at $1.64 I make it out to be about a 10% gain.  

Sorry for the long winded post, just wanting to know when the deal is expected to go down...assuming of course it does go forward.