Comment by
biketrader98 on Apr 01, 2021 11:30am
I'm guessing the CEO has a majority interest and the rest of us have no voice. If we can test those "highs" again with IMCC I would be ok with this move. P/E is not a great indicator for growing companies and MYM just became profitable...
Comment by
NLMoose on Apr 01, 2021 11:32am
I don't think that IM Cannabis will go back to $40.00 per share.
Comment by
RockMaschine on Apr 01, 2021 11:43am
IM is a billion dollar company within 3 years
Comment by
biketrader98 on Apr 01, 2021 11:58am
That's only a double from here. I think we need to vote this down and get a better deal.
Comment by
SolidInvestment on Apr 01, 2021 12:19pm
Should have been at at least a 50% premium... Not impressed.
Comment by
Jshaw9 on Apr 01, 2021 11:35am
I think people are rattled because short term we could have seen a nice bump in the SP, and now we won't get rich quick. Looking at it from a long term perspective, I don't think it's a bad deal
Comment by
NLMoose on Apr 01, 2021 12:00pm
People are rattled because MYM Nutraceuticals along with Biome Grow, its majority shareholder, had potential to be a premium cannabis powerhouse with Highland Grow gaining popularity, but chooses to sell out to to Isaeli and Canadian company like IM Cannabis at a loss to MYM shareholders like myself.