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Bullboard - Stock Discussion Forum Emblem Corp EMMBF

"Emblem Corp is a licensed producer of medical cannabis. It is intended to cultivate and cure cannabis for medicinal use. The group operates in the business segment of production and sale of medical cannabis."

OTCPK:EMMBF - Post Discussion

Emblem Corp > shares outstanding
View:
Post by Kensin1953 on Dec 15, 2016 6:42pm

shares outstanding

4.4 million? Is this up to date?
Comment by Colwrll on Dec 16, 2016 2:51am
I believe I recall reading there is 6M outstanding. Everything else is locked and in escrow.
Comment by colima on Dec 16, 2016 6:26am
Recently filed financial statements by EMC indicate 65,620,811 common shares are issued and outstanding.
Comment by colima on Dec 16, 2016 6:40am
Comment by Stockcoach1 on Dec 16, 2016 6:08pm
      20 some million shares and warrants were converted this afternoon from Saber sub-receipts into active shares and warrants. Those are taking profits, hence the sell off. 
Comment by TheInsider on Dec 16, 2016 6:39pm
There's a 4 month hold on the majority of the $1.15 units, save for the $2MIL short form portion. The $.50 and $.75 units have a 6 month hold.
Comment by Seraphim1 on Dec 17, 2016 2:13pm
Interesting, but I'm also being told that the Saber sub-receipts are being converted into active shares and warrants. The conversion started on Friday and should be completed by Monday. I'm told that there is no hold on these 1.15 ones, so there seems to be some confusion in this.
Comment by Delgan88 on Dec 17, 2016 2:18pm
This company is confusing!
Comment by TheInsider on Dec 17, 2016 2:31pm
All Sabre sub receipts are being converted into shares and warrants. However, the $.50 and $.75 cent rounds have a 6 month hold and don't free trade until June. The $1.15 have a 4 month hold and trade in April. Some warrants are trading now but are not exercisable until next December. The way this deal is structured is pure genius. The market will never get side swiped with paper all at one ...more  
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