PINL:HERTF - Post by User
Comment by
inviolablspiriton Apr 03, 2024 6:40pm
129 Views
Post# 35969123
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New Press Release - Heritage Cannabis Obtains Creditor Protection to Pursue Restructuring and Sales Process
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New Press Release - Heritage Cannabis Obtains Creditor Protection to Pursue Restructuring and Sales ProcessAt WEED's current price of $14.67 they could buy CANN for two cents (i.e. market cap = $21.16 million) and it would cost WEED 1.44 million shares of dilution. At 3 cents (market cap = $31.74 million) and it would cost WEED 2.16 million shares of dilution. That's nothing for WEED to dilute their stock 1.4 to 2.16 million or even a little more to take over CANN.