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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 > Stay calm and breath BUT..
View:
Post by LarryCurlyandMo on Feb 25, 2019 3:13pm

Stay calm and breath BUT..

I believe both companies are using their cash reserves to buy every available stock in order to close the deal. Desparate to do so. It's far from a done deal.

What if the deal closes and on Mar 7th.they decide to replenish  their cash reserves? Deals signed.They've accomplished what they set out to do. Sell the stocks they've been accumulating these last few months.


Wouldn't Aleafia rather pay .8377 of a much lower price?

Poop happens.
Comment by CharlyFlatcoat on Feb 25, 2019 9:06pm
Well I guess if the two companies are spending their cash reserves to buy every share available in to close the deal, as you "believe", then they are truly wasting their time and money as only shareholders of record as of Jan 30th are eligible to vote.  I on the other hand "believe" that you are ignorant jasckass
Comment by highrider2 on Feb 25, 2019 10:09pm
This post has been removed in accordance with Community Policy
Comment by LarryCurlyandMo on Feb 25, 2019 10:25pm
Can you show me in my post where the words "voting shares" is even mentioned? Can shares be purchased for other reasons than voting?
Comment by highrider2 on Feb 25, 2019 10:39pm
This post has been removed in accordance with Community Policy
Comment by LarryCurlyandMo on Feb 26, 2019 8:28am
Highridsr2 you need to stop studying " inverted tea cups " and " deathstars" and start studying human nature. Try reading some Richard Russell and Jesse Livermore.
Comment by ArthurVandelay on Feb 26, 2019 1:27am
They're not 'paying' anything, they're issuing shares.
Comment by LarryCurlyandMo on Feb 26, 2019 8:24am
" they're not paying anything they're issuing shares" My gawd...which is a form of payment.
Comment by ArthurVandelay on Feb 26, 2019 1:22pm
Alefia is not paying one red cent.  My reply was in the context of your question: "wouldn't they want to pay 0.8377 shares of a lower price?".  The premise of your question makes no sense in an all-share deal like this.  There is no cost to Alefia for issuing the shares to Emblem shareholders (notwithstanding administrative costs and the like, which are insignificant ...more  
Comment by LarryCurlyandMo on Mar 01, 2019 10:30pm
Say what???
Comment by Mamalikespie on Mar 02, 2019 10:29am
they don't need to spend capital to buy shares that they later can't dump without tanking their own SP. They did something much smarter to buy the deal, they hired an investor relations firm to solicit Yes votes by proxy over the phone. 
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