Post by
Desteek on Apr 07, 2020 6:00am
Why is the merger postponed ppl?
Hi there, new here but already long time shareholder of this very promising company. Just avg down and bought another 4k shares.
I have a few questions that you might be able to answer. What is the reason for the cancelation of the merger? Is the deal with Nbev still valid? Dragonfly will take a little bit more time because of the things going on now, but it looks good. Does anybody know if the CBD oils from Kannayway, HempMeds and the other subsideries of Medical Marijuana Inc are produced by Stillcanna? All products from them comes from Poland, that's why I ask.
Thanks for any respons, stay safe and good trade.
Greetings from Spain
Comment by
drmaddogs2 on Apr 07, 2020 2:31pm
The merger was cancelled. Mota is very thinly traded, Stil thinly traded, Mota needed to raise 5 mill on stock sales Mota owners didn't like it, Mota SP fell, some broker dealers felt the SP on Stil should match '49%' that of Mota,,,,, Stil price dropped 49% in two days, Mota's 5 mill raise from stock at proposed ?.50 cents as impossible, deal cancelled.
Comment by
Desteek on Apr 15, 2020 5:38am
Thanks for your info. Didn't knew taht was going on.
Comment by
Desteek on Apr 15, 2020 5:39am
Thanks for your info. Didn@t knew taht was going on.@