Goodbody Health Ltd GDBYF

RE:Merger

[Uknowit]

Thanks drmaddogs and I have received some of the same information. There's a number of factors at play as you've mentioned not the least of which is bulk isolate pricing.  Apparently Stil has 2,500 kgs stockpiled. In the meantime this gives Stil an entry into a profitable company that has existing shelf space and that has demonstrated significant revenue. If Mota's share price moves up, we should move in tandem with them. And as you mention, Mota will be buying up more assets at bargain sale prices until isolate values move up again. 

It will probably take 3 months for this deal to go through and who knows what will happen during that time frame.  Stil has lots of $ on the books and will continue working on their goals and objectives. Both companies should appreciate in MC during this period and if Stil outpaces the growth of Mota, the share ratio on this deal will go up  As you've mentioned, this is a non-binding LOI and is subject to renegotiation should market conditions change  

drmaddogs2 wrote:
Had a brief discussion with Jason. The price wholesale of CBDs in the E.U. have fallen to where competition is high in Wholesale efforts. In order to move the company in quicker terms, ahead, then the company must align better with retail that is already established. Like having an established Bulk, we need to have an established retail and time to roll out independently or very essentially we would have to "Wait it out" untill other companies are put out of business with these low prices for bulk producing. One can blame Jason if one wants, but the market is what the market is, lower pricing on wholesale for immediate future(2020?). I've asked about some input as to Dragonfly and 'retail efforts as retail has stayed high(relative) and Jason said he was going to explain what is going on in all areas, why the Merger was exposed when it was, before presenting to his investors first. I didn't expect bulk pricing to go down as it has so fast but did want it to go down, just not so fast.. perhaps by next year to the current levels. These levels are close to what average cost to produce actually is for average producers. So, which do you prefer, adapting to the market place, or waiting for the market place to be what you want the market place to be? If it helps blame Novel Foods regs also, or and FDA intererence and slower possible CBD growth, blame Jason for not seeing the same things other bulk providers are also having thier CEOs complained to- market place conditions outside of individuals controls. If you think changing CEOs will change the markets that had 50%+ drops in one year, good luck with that. And remember this is a non-binding LOI, things can change, voting must happen, more info is pending. MOTO isn't finished buying up assets.