Emblem Corp EMMBF

I still dont get the math? 172 mill doesnt add up !!!

[revelationI8]

if you do the calculations on 132.1 mill shares outstanding times .8377 gives us 110660170 shares of Alef.@ todays close that is 2.29 equals 254.4 mill? Am i not seeing something?

I though Ill get .8377 alef share for every one EMC share..so if that is the case, that isnt a 172 mill dollar deal anymore. A little lost here.

or are the market markers bringing down Alef shares to 1.54 to make this deal correct or bring down EMC down or both to match that deal of 173mill? bit concerning because nothing has been explain except .8377 convertion ratio but the PR today comfirms its a 172 mill dollar deal???

[ArthurVandelay]

It's an all-share deal, so don't get caught up in the value of the transaction.  I've tried to make this clear in my replies to others in the last couple of weeks as it seems to be commonly misunderstood. From the Dec.19 News Release: "Aleafia will acquire, by way of a plan of arrangement under the Canada Business Corporations Act, all of Emblem’s issued and

[revelationI8]

I dont care abou that news release...the news released today says a value of 173.2 or 172.3 mill ( type o?)  I know its a share and not cash deal but it doesnt add up...at current rate this deal is worth  approx 250mill???? its a bit off to be approx dont you think?.... I just want clairity  I am not trying to scare anyone...I am an investor that wants no surprises on March 14th

[IMB]

I not sure I understand what you are looking at;but, the release from yesterday had no mention of value that I saw. This deal is strickly a share deal 1 share EMC gets you .8377 shares of ALEF. there is no other parts to this relating to the shares. the warrants are another thing.

[revelationI8]

1:44PM ET on Friday Mar 08, 2019 by MT Newswires Companies Mentioned: EMC, ALEF, HMMJ   01:44 PM EST, 03/08/2019 (MT Newswires) -- Emblem Corp (EMC.V) on Friday said the Ontario Superior Court of Justice (Commercial List) approved the $173.2 million sale of the company to rival cannabis producer Aleafia (ALEF.V), With the court approvals in hand, Emblem said it expects the sale to

[revelationI8]

It states the Value of the deal at 173.2 mill....not approx 250 mil...this what concerns me!!!!

[ArthurVandelay]

I still don't think you understand what an "all-share" transaction is.  Did you even read your proxy material?  You are getting 0.8377 shares of Aleafia for each Emblem share, for the millionth time. Stop worrying about it. BTW, the release you quote seems to have editorialized it somewhat by adding the value.  Here's a direct link that makes no mention of the

[IMB]

rev has been around for a long time I knew him when he was investing in mining stocks

[ArthurVandelay]

That kinda makes it sadder...

[highrider2]

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[ArthurVandelay]

That's your first mistake, you should care about the Dec.19 release as the answer lies therein.  In fact, the release you reference refers to the Dec.19 release. "Currently" and "Aproximately" are key, and perhaps a review of them in the dictionary would be prudent.  Also key is that the deal defintively spells out that Emblem shareholders will get 0.8377 shares

[highrider2]

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[highrider2]

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[revelationI8]

I guess you didnt see the LAST PR it states the deal value of 172 or 173 mill....that doesnt make sense with todays value!!!!...I just dont get what part you guys cant get...my math is correct of friday closing numbers....that deal is worth 250 mill...NOT 172/173 mill....all I care is if I get .8377 per share in TODAYS prices providing that the market markers dont bring Alef stock price down to 2