OTCPK:EMMBF - Post by User
Comment by
ArthurVandelayon Mar 09, 2019 4:23pm
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Post# 29465717
RE:RE:RE:I still dont get the math? 172 mill doesnt add up !!!
RE:RE:RE:I still dont get the math? 172 mill doesnt add up !!!revelationI8 wrote:
I dont care abou that news release...the news released today says a value of 173.2 or 172.3 mill ( type o?) I know its a share and not cash deal but it doesnt add up...at current rate this deal is worth approx 250mill???? its a bit off to be approx dont you think?....
I just want clairity I am not trying to scare anyone...I am an investor that wants no surprises on March 14th thats all...cheers!
That's your first mistake, you should care about the Dec.19 release as the answer lies therein. In fact, the release you reference refers to the Dec.19 release.
"Currently" and "Aproximately" are key, and perhaps a review of them in the dictionary would be prudent. Also key is that the deal defintively spells out that Emblem shareholders will get 0.8377 shares of Aleafia for each Emblem share they hold. End of story. It's an "ALL-SHARE" deal. Once again, I must stress that no cash changes hands, so the $173.2 million was just a paper value in a moment in time. You may want to look up "ALL-SHARE" transaction.