RE:RE:RE:Please remind me...Although anything is possible, IMO I highly doubt MH is stalling for reasons of SPR financials. I am very certain MH had a clear understanding of SPR resources and plans to utilize those resources before any type of comittment.
Yes, comitting in sense of time, RD and resources as the JV may or may not have a final legal stamp on the contract. I do not believe it would be in MH best interest for this JV to fail because that would not guarantee SPR tech be delivered to MH as is in the potential 5 yr JV exclusivity.
Should SPR falter and succumb to take over via warrants, there is no certainty that MH would get the warrants or force a merger in any way as they do not own any part of SPR. Therefore, with no influence over SPR, APP/SPR tech becomes available to any competitor interested in a superior extraction process within great jurisdictions.
I also believe this scenario to be far fetched as a result of SPR financials being low. King is cash, for sure, no arguments there. I can not quote the current financials SPR is in at the present moment until Q rep, however they have what they need to announce RD(Developed Analytics) and expansion facilities.
I believe the resources are in place and well balanced. This does not exclude the need to accumulate additional future financial resources. Hence the legalization of edibles in 16 days perhaps? Canadian MJ is at an all time low across the board, no one is investing. Which is affecting many other markets. The remaining 2019 fiscal is a time to grin and “bear” it. Jan will bring the bulls to this market. EU investors are already looking toward Canadian MJ with no interest to US(See BNN). The share price of SPR has nothing to do with the JV signature. I do not anticipate a price change upon JV signature announcement. That news has sold long ago for $1.08 CND. Enjoy the anticipation and excitement of these times. Feels like Xmas eve to me, and I have been a very good boy this year! GLTA.