OTCPK:EMMBF - Post by User
Comment by
ArthurVandelayon Mar 01, 2019 4:51pm
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Post# 29431105
RE:RE:RE:The Aleaf Con
RE:RE:RE:The Aleaf Conjunglemunch wrote: This is how the con went down. Aleafia told Canabo if they let them buy them, their shares would substantially increase in value. Guess what? Canabo shareholders fell for it. Price increased 5x plus. Ahahahahahaha Emblem fell for it too...price has doubled since then. SUCKERS!
You do understand, I hope, that Emblem shareholders are not getting $1.21/share based on the premium in December's announcement, right? That $1.21 from December means nothing now. Shareholders are getting 0.8377 shares of Alefia for each share of Emblem they hold (something that has been stated over and over again on here). The implies a value of around $2/share based ontoday's close, but that too is only a snapshot in time.