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Bullboard - Stock Discussion Forum Chemesis International Inc CADMF

"Chemesis International Inc. is a vertically integrated global leader in the cannabis industry, currently operating within California, Puerto Rico, and Colombia. Chemesis is developing a strong foothold in key markets, from cultivation to manufacturing, distribution and retail. Chemesis has facilities in both Puerto Rico and California, allowing for cost-effective production and distribution of... see more

OTCPK:CADMF - Post Discussion

Chemesis International Inc > Think this push down is to get to the final numbrers
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Post by guyf1963 on Sep 29, 2020 10:01am

Think this push down is to get to the final numbrers

Gsrx acquisition. About 10:1 ratio based on csi at 0.37 and gsrx at 0.033. Part of the 28M shares reserved for issuance might get used. Think eventually, 10 gsrx shares will entile you to 1 csi share. It has worked like that when we bought part of gsrx. Share price of both stocks forced to the number that they want, just my observation from 2 years of trading
Comment by guyf1963 on Sep 29, 2020 10:05am
Or repricing the 40M offering, hope its gsrx
Comment by FloatingLeaf666 on Sep 29, 2020 10:51am
Don't know that! I am going to get rid of this one once have chance!
Comment by guyf1963 on Sep 29, 2020 3:48pm
This is everybody wishes. Offering likely repriced at 0.35. Hope not
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