OTCPK:EMMBF - Post by User
Comment by
canaken1on Jan 27, 2019 2:48pm
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Post# 29286802
RE:RE:Merger...
RE:RE:Merger...MM has done a good job to raise the sp of both EMC & ALEF. I hope a trap is not brewing for us at merging date. Warrant prices have been kept very low and management hasn't made it clear that the warrants will be honoured at the strike price of $1.75 at expirary date of Dec.6th.2019. Warrants are now in the money If warrants have to be converted by merger date, this could mean that the combined company of (EMC+ ALEF ) is trying to prevent raising of fresh capital.