RE:questionWe get ~$.45 for our FIRE shares, paid in WEED shares as per coversion formula vulc....can sell now before deal completed at market price that will never see north of $.45 again. We make money now as WEED price heads north unless deal falls through for some reason, highly unlikely.
I think they are planning on a brand new restructured WEED with a fully funded premium wing with a fully fuctioning and expanded 7acres/ CC/ med operation....at least I am hopeful. WEED needs get it's act together and I think we are going to see that with the help of FIRE. While WEED is big it needs plenty of work...a FIRElike balance sheet is on it's way.
It may be that there was just too much of a load and timeframe to get FIRE to where we want it to be and now there is plenty of assets for both to collectively build a lean, efficient and profitable international company, a global leader in maybe the hottest sector on the planet for some time to come.
If nothing else we will have the FIREmenu in every area of the country from here on, not to mention an ever expanding top shelf quality line of product...hopfully the knee is healing well, I think this deal is going to help as we see the near term play out. JMHO...Opt
vulcan123456789 wrote:
day of announcement they set the multiplier. if we went down to .30.. or up to .60. that multiplier would remain the same correct.. if canopy remained at price that was announced we would not be a dollar better off or worse off....would this not be right.. the only way we gain is if canopy price jumps higher. we have same shares but worth more.. am i not reading things correctly.. cheers