MYM Nutraceuticals Inc MYMMF

RE:RE:RE:RE:RE:So Sad

[RockMaschine]

The $10 price has a direct bearing on the conversion because it provides a frame of reference for the amount of shares given and equates a total dollar valuation to MYM of $87CDN million, which is below what I valued it at of $120-150 fully diluted (359 million shares) and was prepared otherwise to cut this horse loose and sell a significant amount of my holdings between 0.35-0.40 cents. I dont feel insulted because I recognize what IMCC offers in the way of scale and exposure outweighs the uncertainty of MYMs financial position in the near term of 6-12 months. That IMCC dropped is more a function of a tight share float with high insider ownership being pushed around by market makers. And one look at APH, TRUL, CL, WEED proves that the recent drop not isolated to just MYM and IMCC. Just look at the level 2 and see how wide the spread is. That is directly because of the low liquidity having consolidated a significant amount of shares. None of this is post takeover, the vote hasn't happened and depending on what side of the fence you are on this price action either makes you upset or eager at the prospect of getting more shares. The reactions after only two weeks are really irrelevant and I have been on several rides where there is a dip during the course of a takeover bid. If Highland is such a desirable asset than there could very well be a newcomer with a higher bid, but IMCC reserves the right to meet or exceed that. $87 million is the floor that is set based on people far smarter than us getting a thorough look at the MYM books. Wait two weeks to see what Q3 shows and form a better opinion then. But if you had the patience to hold the reigns for three plus years, and were ready to accept and weather any further turmoil MYM/Highland would experience, than what difference is it to let it ride with a company like IMCC who is prepared here and now to protect the Highland asset and give the brand far more exposure outside of the limited Canadian rec consumers who total a very small part of the population. And lets not discount the point I made weeks ago. MYM owns 100% of Cannacure and as far as I know the Weedon lot has not been disposed of. What would everyone think of the next announcement after takeover is an at the market offering of $100 million to fully fund the completion and deployment of a million square foot facility for use as the Canadian base for large scale international export. IMCC was sub $30 million less than a year ago. I recommend those interested go to the ceo.ca/imcc page and peruse through the past year of news releases. If the announcements of dozens of supply deals to international pharmacies valued at almost $200 million doesn't excite you than nothing will. A ten bagger in a year and they have yet to get up to full speed.