What IF? Is it possible? U never know! Wishful thinking! What if ACB made a deal with a partner in food or beverage where they give 500 million shares at 4.00$/share which is worth 2 billion to ACB. Then the remaining shares 800 million would apply the 12:1 which leaves us with approx 66 million shares outsdaing.
The deal would boost shares to 4$ then the 12:1 would give it a share price of 48$ on May 11. & ACB has 2 billion and the partner only has 38 % ownership therefore ACB still owns 67%. It's a win win for everyone.
As well if the Covid at some point stop and stores can open in Ontario we would be set.
Like I said, WISHFUL THINKING!