MYM Nutraceuticals Inc MYMMF

RE:The Recent MYM Plunge Will Make Officers Think Twice

[RockMaschine]

MYM was saved by the purchase of Highland Grow. Now rather than simply scrape by and hope for slow increasing cash flows from a small Canadian niche market, they can be grown into an international brand. IM Cannabis is a $400 million market cap company intent on being a market leader through its partnership with Focus of Israel. The IM team has a a vision to be a big MCO. MYM will cease to exist, don't believe a word this Moose says as he is blissfully unaware of how precarious MYMs financial situation was prior tocand after the Highland acquisition. After being unable to secure conventional financing MYM CEO and his deep pocket private financiers made a $5 million loan to MYM. This acted as a bridge for working capital. The burn rate, cost of growth and other overhead would have had MYM looking for money very soon. In fact if people research deep enough they will understand IM Cannabis buys distressed, borderline bankrupt companies that have stellar assets. How about you actually read up on them. JWC (Wagners) gone bust, bought by Trichome financial due to being the primary debtor. Trichome then bought out for their knowledge of mergers and acquisitions plus the fact they have been prime lender to many startups and reap the rewards of those failed businesses. MYM now is nowhere near what it was in 2017. This was a clever deal (ploy) between Mike Weiner and Howard Steinberg (of Trichome now but he was the one who ran MYM into the ground first go depending who you believe). I swear, the lack of intelligence here is numbing. 6 months ago you had people flogging the proverbial dead yearling horse Martha. Now off a 52 week low of 0.05 to a buyout from less than ideal circumstances you all have been saved. As a part of an international MCO, JWCs 100 thousand sq foot facility will allow Wagners brand and Highland to dominate the premium market segment in Canada and allow IMC to book on excess of $40 million on the north american market. $195 million in Israel supply agreements fully contracted. Liquidity that comes from being on the NASDAQ at a price that allows large institutions to purchase. A 50 million share float locked up tight by insiders. A management team including Marc Lustig who already has one $1 billion dollar company sale under is belt with Origin House. IMC major shareholder of Cresco Labs. Big big money behind it. $250 million prospectus filed for financing. Where was MYMs plan to get money? $2 million every 6 months at 17%, ha, may as well put the grow inputs on Visa. We have been saved, period. Dreams are dead and MYM story is over. If you value true long term growth you should celebrate this buyout and everything that comes with it.