Emblem Corp EMMBF

Merger

[canaken1]

will take the  total # of shares o/s to approx. 300 million without the warrants and debenture conversion. A consolodation will take the sp down. Vote NO.

[bg8ts]

Read your documents folks, the shares OS after merger are 264 million before warrants and options are exercised (page J10 of offer). Approximate 308 million if all warrants and options are converted, which most never are, unless the share price rises significantly, and that would mean at least another 70 plus million in cash on hand for the company if they are exercised. Of course, if 36 per cent

[cannatrader22]

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[canaken1]

At present :- shares o/s before warrants & options are exercised for both companies are, as per (official company share information) EMC....= 131.4 million      ( diluted ...183,977,474  million) ALEF....=  158.46 million  (diluted ...Read documents) Total...289.86 million shares After Merger, Option for ALEF to consolodate as per Dec.6th 2018 approved Share

[highrider2]

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[canaken1]

Hirider-   The diluted shares of EMC I quoted was Nick Deans figures and I'm pretty sure he didn't include the debenture loans which will be converted into shares.upon maturity or change of ownership.Taking these as is, EMC diluted shares alone could exceed 200 million easly. I believe ALEF also has over 200 million shares fully diluted . Some carried over from previous merger

[highrider2]

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[canaken1]

you  ASSume ,what ever you want and good luck to you if its a 3 to 1 consolodation.

[highrider2]

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