Nova Mentis Life Science Corp. C.LIB

GOLDMAN SACHS - IMH an acquisition target?

[CannaRockets]

https://technical420.com/cannabis-article/3-cannabis-themes-know-goldman-sachs-upgrade-canadian-ma-activity

IMH considered an acquisition target by Goldman.

Fully funded 15,000 KG to be completed by July 2018 in Alberta (only other licensed producer in this region that is advanced is AURORA, and we all know how aurora loves to get their hands in everything like CMED).

I think they could get acquired at $6 just based on quick napkin math. (P/E of 20 on profits of 30 mil -> $6)

The sales license de-risking can definitely make this posible.

 

Disclosure : I own IMH shares!

[rcash1]

Agreed full disclosure I have a decent position in IMH too . I love multi licensed plays . Made some of my best $ on companies that are multiple licensed  . Lib will be on the radar for the big boys soon too ....

[cr7epl]

This post has been removed in accordance with Community Policy

[rcash1]

Haha I would  have a minimum of a 1000 shares in every company on that list for free ,if I were choose  to sell some of each holding . Mark these words EMC and IMH are due for a pop soon . Emc  started the recovery today . I haven't seen 1 person upset because we use Libby as a chat room yet .  I've said it before I apologize for using LIB as a chat about other stocks I

[Bellsey]

Hey RCASH1, don't mind at all chatting about other companies. Good group in here...conversations that would get lost in other stockhouse boards.  I'm in on IMH, small position recently. Happy about my MPX choice when it was sitting at 40 cents.  Wondering what to do with FIRE - bought at 1.92 a few weeks ago been trading sideways. Haven't done too much dd on them. 

[Hobbes]

I love hearing about the companies you guys are interested in. It isn't some random spamming pump posts all over but good conversation. I've been looking at MPX as a play to be invested somewhat in the US side. I ended up jumping on the NF train this morning at 0.18. What a ride that was with 70k shares lol. My portfolio went from 75% to 200% in the past 2 days between that, GHG and LIB. I

[duginthemud]

i too love the conversation here, this is a great board with great people. its not typical of stockhouse but i wish it was. thanks for sharing your thoughts and other companies. im pretty sure i learned of chv from someone here and it's been great too. warmest wishes for the new year to all the nice folks here. dug

[cr7epl]

This post has been removed in accordance with Community Policy

[rcash1]

I've been holding Fire since long since .07 . It's been slow to move at times and dilutive .There's the cons . As for the the pros . It's a fantastic business plan . The B2B model will be fantastic for revenue and Fowler is Boss/  Very passionate about the cannabis plant . Supreme  has fantastic Product. Best I've tried with the exception of Broken Coast ;) Financing

[Hobbes]

I do think the B2B model is solid. It will be super important for the long term though that they keep their product really high quality because as other companies increase their production they will rely much less on someone like FIRE. But if FIRE builds some great brand loyalty from their customers then their position will be super strong IMO. It'll just take longer to get there.

[rcash1]

So far it's the turtle that might win the shareholder value race in the end  ! Lol 

[KushMan]

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[rcash1]

It's been a strong buy with TD for a year now . Just  a bit of cheap paper holding it back now  . Should fly soon