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Bullboard - Stock Discussion Forum Emerald Health Therapeutics Inc EMHTF

Emerald is committed to creating new consumer experiences with distinct recreational, medical and wellness-oriented cannabis products with an emphasis on innovation and production excellence.

OTCQB:EMHTF - Post Discussion

Emerald Health Therapeutics Inc > EMS sold EMH shares
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Post by rrrrrrrrrrrr on Dec 05, 2019 2:13pm

EMS sold EMH shares

Go to Sedar and you will see EMS (not EMH) sold $3M of EMH shares on Nov 28th and then on the Nov 29th sold another $2.5M of EMH shares.  That is a total of $5.5M EMS sold of EMH shares.  In parrallel EMH sold $2.5M shares and all were sold to a "Canadian institutional accredited investor".  It would be reasonable that all these shares were purchased by the same investor.  Someone is accumulating here.
Comment by kenster on Dec 05, 2019 2:45pm
VFF ?, start with a gradual 10% and then go for a hostile takeover at 60% I'm sure most shareholders would prob. vote yes.
Comment by rrrrrrrrrrrr on Dec 05, 2019 3:04pm
We can speculate but the main thing to take note of is that someone bought $8M of EMH at the end of November ($5.5 via EMS + $2.5 directly from EMH) for $0.57.  These are private placements, likley from the same investore, for common shares (no security).  I doubt it is VFF and more likely someone that is willing to put more $ to work here given they would be well aware of the cash ...more  
Comment by 420mtl on Dec 05, 2019 10:07pm
Nothing to hide...all write in NR...Emerald Health Therapeutics Closes $2.5 Million Prospectus Sale and Concurrent Secondary Sale Read more at https://stockhouse.com/news/press-releases/2019/11/29/emerald-health-therapeutics-closes-2-5-million-prospectus-sale-and-concurrent#6T4QSBSqKjFORROp.99
Comment by rrrrrrrrrrrr on Dec 06, 2019 10:30am
I have not seen anyone pick this up on this board to date.  Lots of people would have glossed over that point in the NR you published and at any rate, it did not capture the FULL amount sold by EMS, only the $2.5M.  There were 2 separate transactions by EMS for EMH shares.  1 was for $3M (not noted in the NR) and another for $2.5M.  Including the shares sold by EMH that is $8M ...more  
Comment by Capitulation on Dec 06, 2019 10:48am
who cares..yesterdays news...Aurora did a financing at $12 trading at $3
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