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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 > Vote
View:
Post by Powerdome on Jan 21, 2019 9:42am

Vote

Make sure to vote yes on your proxies, whenever they come out, unless you’re content to be a penny stock.  People say we should hold out for a better offer but we also have to consider what does Emblem have to offer another LP?  Emblem and Aleafia complement each other perfectly.  Others are concerned about a r/s but the ceo stated in a recent interview that he wants to uplist organically.  After the merger this could go on a nice run IMO.
Comment by Kornooto on Jan 21, 2019 12:48pm
If this goes thru and I believe it will shouldn't the share price be sitting at 1.38 right now based on ALEF at 1.66?
Comment by Powerdome on Jan 21, 2019 12:51pm
That is correct! 
Comment by JMark80 on Jan 21, 2019 2:23pm
If you don't know why Emblem would be an attractive acquisition then why did you invest? Or are you an Aleafia investor who only bought Emblem because the announced deal? Aleafia is basically a sham, but unless Emblem receives a better offer shareholders should probably vote in favour of the deal, otherwise mgmt has to be replaced.. again.
Comment by Powerdome on Jan 22, 2019 1:42pm
Emblem is a very attractive acquisition for the right company.  I think most investors who are against the merger have probably already gotten out anyhow.  Those still holding realize the importance of consolidation for survival and growth.
Comment by canaken1 on Jan 22, 2019 5:23pm
market makers were very active today propping up the sp between the range of 1.24 and 1.20. That is an indication that the anti merger investors are still present and strong. 
Comment by Powerdome on Jan 23, 2019 10:24am
True, it’s staying at about a 9% premium if the merger goes through. Still could be the best offer out there all things considered. Medical is the way to go IMO with insurance to pay for it. Either way I’m long here.
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