RE:Newco formerly RLTY.UFor Paul Rosen...the reason why it trades in US$ is because Tidal does business in USA, so we don't need conversation, based on that logic, I expect that it will continue in US$ as all the business continue in USA, unless the new management change the ideas! Regarding the share price, with the reverse split 8:1 at closing price .26$x8 = 2.08$ also the conversion of MichiCann will be 2.08 NewCo for 1share of MichiCann Assume that NewCo at 800$M/2.08 = Around 385M shares If at 900$M/2.08= Around 433M shares So I expect that it will be 2.00$ or higher than 2.08$ the better...! Another way to estimate is how much is the new financing of 75-100$US M will accept to pay...! Also the demand after the halt in 2 months! All the best!!! Regarding the management, it seems that we have the brains which know what they are doing in Cannabis world! "The new company will look to privately raise US$75 million to US$100 million with Canadian merchant banks at a valuation of US$800 million to US$900 million before re-listing on the CSE within the next 60 days."
simon19 wrote: Will the newco continue to trade in US dollars on the CSE. Nothing mentioned about this that I can see.