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Bullboard - Stock Discussion Forum The Canadian Bioceutical CBICF

MPX Bioceutical Corp is a Canada based company involved in the natural health products industry. It is engaged in the manufacture and distribution of nutraceuticals to the North American marketplace and providing financial and business expertise to emerging corporations primarily in the pharmaceutical, medical and biotechnology industries. The company provides management, staffing, procurement,... see more

GREY:CBICF - Post Discussion

The Canadian Bioceutical > Conversion to iAnthus shares
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Post by AJL55555 on Jan 17, 2019 6:30pm

Conversion to iAnthus shares

So just to confirm, I held mpx shares before and on October 17th and October 18th (the day the news was released about the merger with iAnthus)...since that date I have sold them...since I held them at the close of October 17th, am I still entitled to receive the equivalent iAnthus shares and mpxi shares? Or would I need to buy mpx now in order for those shares to be converted into iAnthus?

Thanks
Comment by Chambokl on Jan 17, 2019 7:17pm
You have to buy some now . . . if you can buy MPX they will convert (probably until Jan 30th) 
Comment by MrICE on Jan 18, 2019 12:59am
Yes the only thing you could have had was a vote.witch is over.  You need to actually own shares of mpx on the acutual date when shares are covered. Next week or two.  Then an you will convert at .1673 + .1 shares for spin off Mpxi 
Comment by Since2010 on Jan 20, 2019 9:21pm
If you sold MPX at their ath, and you didn't buy MPX back when they dipped to nearly half than you are missing out on what will be a USA powerhouse...
Comment by Mike411Ontario on Jan 21, 2019 11:29am
I assume MPXI will have a US ticker also.  Probably a CSE listing with both Canadian & US ticker symbols I would hope. Any thoughts on this?
Comment by Bluesguy on Jan 22, 2019 8:31am
This post has been removed in accordance with Community Policy
Comment by Mike411Ontario on Jan 22, 2019 9:16am
Hello BluesGuy, TSXV listing sounds good.  I hope they have a US OTC ticker to go with the TSXV ticker (otherwise the MPXI would not be good for US investors).  Some stocks do not have both and that would not be good. iAnthus is gonna be a power. GLTY Mike
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