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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 > Is this the only option left?
View:
Post by 82Supra on Feb 25, 2019 12:09pm

Is this the only option left?

I can understand longs not being happy about the buyout but I can't see any other option.  IMO, if EMC rejects ALEF, EMC's SP has no place to go but down.  Now if a competing offer came in, slightly different story, but......
Comment by insidersnoop1 on Feb 25, 2019 12:47pm
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Comment by highrider2 on Feb 25, 2019 1:01pm
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Comment by Gbbuknowme on Feb 25, 2019 1:04pm
Price gap will close i guess on March 6th Emc will be at 2.69 pop it imo glta
Comment by highrider2 on Feb 25, 2019 1:06pm
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Comment by JungleGeorge on Feb 25, 2019 2:14pm
Anyone voting against this is clearly not informed.  They will have circa $70 million Dollars in their coffers and paid for assets.  Right now the Emblem shares should be closer to $2.20/share and as the deal gets closer, they will be.  This deal is converted on a ration of .8377 Aleafia share for each Emblem share, hence the $2.20 valuation. I am definitly voting to accept the deal ...more  
Comment by PPST1023 on Feb 25, 2019 2:37pm
So if i'm understanding you correctly.  Hypothetical example: if i own 1000 shares of EMC (purcahsed at $1.80), i'll get 838 shares of Aleafia when this deal closes. and if they are worth 2.80 at the time. original cost 1000@1.80 = $1800  838 shares at $2.80 = $2346.40 so a profit of $545.40 when the deal closes. Not a bad return
Comment by JungleGeorge on Feb 25, 2019 2:44pm
Exactly correct.  I strongly urge you to read all the information from both companies as they both are financially solid from my research.  If you want to really capitalize big time you would buy any of the warrants as that is where you get the most leverage.
Comment by JungleGeorge on Feb 25, 2019 2:47pm
Remeber that your example is based on today's trading prices.  By the closing of the deal the share value could be substantially higher thus yeilding a much greater return.  Based on other Marijuana stocks, this merger has really good positive potential which is uncommon so the opportunity exists now
Comment by JungleGeorge on Feb 25, 2019 2:24pm
It means no such thing.  If there was any doubt whatsoever, then the price wouldn't increase at all.  The fact is that Emblem stock is increasing and so is Aleafia.  
Comment by highrider2 on Feb 25, 2019 12:54pm
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Comment by insidersnoop1 on Feb 25, 2019 1:00pm
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Comment by 82Supra on Feb 25, 2019 1:54pm
Sounds to med like your incredibly paranoid about this stock.  If someone got in over 3, you think they're going to be happy?  "Shorter or don't understand"?  Ya thats why its my 2nd largest holding.  Chill, bill
Comment by ArthurVandelay on Feb 26, 2019 1:25am
*you're
Comment by 82Supra on Feb 26, 2019 7:15am
Thank you professor
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