GREY:GDBYF - Post by User
Comment by
lscfaon Jun 03, 2020 11:53pm
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Post# 31109857
RE:Stillcanna purchase of Sativa
RE:Stillcanna purchase of Sativa You're right and STIL shareholders got screwed. Sativa is valued at $17.7 mil cdn and that is 65% of merged entity so Stillcana is valued at just $9.5 mil cdn. Glad to see STIL CEO go as the bozo destroyed shareholder value.
Cbdcbd1 wrote: The transaction is analogous to a reverse takeover in that the Company's shareholders will acquire a controlling interest of approximately 65% of all Stillcanna shares following completion, on a fully diluted basis. Is this reverse takeover to our benefit? Just inquiring if anybody has some thoughts on about this!