Phivida Holdings Inc. PHVAF

Phivida is a premier brand of cannabidiol ('CBD')-infused functional foods, beverages and clinical products that is poised for global distribution.

OTCQX:PHVAF - Post by User

Phivida Holdings Inc. > Vida price

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Comment by Saskisnowon Jun 10, 2020 11:08am

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Post# 31133322

RE:RE:RE:RE:RE:RE:Vida price

Good, agree there is nothing stopping the premium from decreasing. I was concerned about the wording around the ratio, could be interpreted in different ways, I thought ayway. I'll take your word for it.

status8 wrote: The ratio was based on a 20 day (I think it was 20 day) weighted average. Nothing is stopping the share value of CHOOM to increase independent of the deal.

Also there is nothing stopping the premium from decreasing.

So there is the real possibility that there is a chance that you will 'gain' a premium above and beyond the 10%. But the shares will be converted at a fixed rate.