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Emerald Health Therapeutics Inc TBQBF


Primary Symbol: EMHTF

Emerald is committed to creating new consumer experiences with distinct recreational, medical and wellness-oriented cannabis products with an emphasis on innovation and production excellence.


OTCQB:EMHTF - Post by User

Comment by rrrrrrrrrrrron Dec 13, 2019 12:32pm
127 Views
Post# 30452428

RE:RE:EMH Cash Flow (Sell EMH shares vs selling PSF shares to VFF)

RE:RE:EMH Cash Flow (Sell EMH shares vs selling PSF shares to VFF)It is in the documents refernced.  Go to sedar.com, find the docs and you can verify.  

Delta 3: VFF put in facility valued at $20M, EMH provided $20M cash.
Delta 2: VFF put in facility valued at $25M, EMH provided $17.41 cash before Nov payment.

All shares in both shareholder agreement and Delta 2 option agreement were issued at $1.  You can also confirm the PSF share value in the VFF press release on Nov 26 where they clarify the shares held in escrow to be cancelled for the Nov default of $5.94M is 5.94M shares.

Cancellation of Emerald's Escrowed Shares in Pure Sunfarms

With respect to the 5,940,000 common shares of Pure Sunfarms that were placed in escrow pending payment by Emerald of an equity contribution to Pure Sunfarms, Village Farms continues to seek the cancellation of such shares as a result of the Emerald Payment Default.

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