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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 > Emblem enters into Advisory Agreement
View:
Post by canaken1 on May 08, 2018 8:52am

Emblem enters into Advisory Agreement

with e.vestor Communications Inc. (EVC) as the corporations capital markets and investor relations advisor through EVC's principal, Cory Pala. EVC's mandate will focus on providing capital markets guidance and support for Emblem through coordinated efforts to navigate the capital markets and support the Corporation's continued listing on the Exchange. EVC will provide the Corporation with  additional markets access, investor relations advisory services and broaden awarensee of Emblem generally among the investment community (collectively, the "Services")

The agreement is for 1 year. starting May 7th.2018.
Emblem pays $10,000/month, 150,000 optionsto purchase common shares with such options vesting in equal installaments over 3 year period.

Comments please..
Comment by deminimis on May 08, 2018 9:38am
I think we all welcome this change.
Comment by canaken1 on May 08, 2018 10:20am
EVC's mandate will focus on providing capital markets guidance and support for Emblem through coordinated efforts to navigate the capital markets and support the Corporations continued listing on the Exchange. ????????????????????????head scratch????????????? Do we need support here for listing on the Exchange
Comment by spasticated on May 08, 2018 9:53am
So does this mean they are cutting Spinnaker? 
Comment by deminimis on May 08, 2018 10:03am
Yes. The bottom of their earnings press release said that they terminated Spinnaker.
Comment by puppymonkeybaby on May 08, 2018 12:11pm
Id love to see what they payed spinnaker and why. What has been accomplished with spinnaker? Why is management not held accountable for wasting share holder money on these penny stock marketeers?
Comment by deminimis on May 08, 2018 12:25pm
I believe they were paying Spinnaker 10K a month and had a similar options arrangement. if you hadn’t noticed Nick has pretty much turned over the whole managment team except for John Stewart (for good reason) and the share price is in the dumps. If that isn’t being held accountable I don’t know what is. It’s going to take some time to turn this shop around but it looks like they are headed in ...more  
Comment by gkmackdadzzz1 on May 08, 2018 2:09pm
This post has been removed in accordance with Community Policy
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