Green Growth Brands Inc GGBXF

News Analysis?

[LithiumBriner]

Complicated. 

Can anyone explain the news release in a bit simpler terms.

[JackStrate]

Basically I think. I am no expert so this not advice from a professional. I think if you held your stock till the merger takes place in the fall you will get 36 cents for your shares if you choose to sell. If the value of the combined company is worth more than 36 cents or the demand is high, the stock value may go higher. Even if the value goes down, I think you can still get 36 cents at The

[AlbinoSquirrel]

also....(and I'm also not a professional) the news release said that trading would be halted until the deal is completed. 

[billybonk]

Trading will be halted for awhile.  I emailed  Xanthic and this is what I was told. "It is most likely to remain halted until the information circular is mailed to shareholders,  likely in September."

[Greede]

Halted until September? That seems unusual and an unnecessarily prolonged period of inactivity.... That is not the norm, that's for sure.  Hope it bodes well for investors.

[Styles76]

 Halt periods vary according to the reason for the halt. In the case of a major merger like this, there is nothing unusual about a few months worth of a halt period for the size of the companies involved to get all the books put together, supply line notification, training, renewed planning, etc. So... you're right - this is not the norm... the norm is significantly longer and they are

[Bleacher1]

What a friggin joke Another scam company trying to rob people of their hard earned money Unreal Stay away