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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 > there goes Alef...Market makers bring it down...
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Post by revelationI8 on Mar 13, 2019 10:25am

there goes Alef...Market makers bring it down...

what a ripoff for for us!!!..damn same old games with the markets...I knew it when you have one of those types of deals...I wish they said you will get certain amount per share not based on future price of the stock...I am sure if this was done today and Alef offer to buy EMC it would be a different story...oh well .8377 per share doesnt look so good now eh???...500 dollar difference base on every 10k shares of emc...wow NOT!!!! BS!!!
Comment by IMB on Mar 13, 2019 11:44am
Rev what is the problem the market is just adjusting to the deal.
Comment by ArthurVandelay on Mar 13, 2019 1:23pm
You're talking about a cash buy out instead of an "all-share" transaction.  Remember, EMC was only valued at $1.21 based on the premium announced in December; and that would be a terrible cash buy out.   Unless you were planning on selling your new Aleafia shares immediately, these daily price fluctuations don't mean much.  You're getting the same number ...more  
Comment by QcTrader on Mar 14, 2019 6:50am
10 000 warrants at .30c = 3k$  you end up with 8377 warrants of ALEF for 3k$ = 0.36c per warrants    8377 warrants in the money from 1.75 to 2.21$ (actual ALEF share price)  imo those 8377 warrants should be valued in the range of 0.65$ each considering they are .46c in the money plus they have some expiration left.  Those warrants IMO are golden at those levels ...more  
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