MYM Nutraceuticals Inc MYMMF

I'm Glad I Voted Against IM Cannabis' MYM Takeover

[NLMoose]

Recently, you might have received voting instructions from MYM Nutraceuticals relating to IM Cannabis' planned takeover of the company.

While MYM Nutraceuticals board recommends that you vote in favour of it, but this deal is bad for MYM Shareholders, which is why I voted against.

[RockMaschine]

And you voted to lose all your money. The documents expressly say all costs incurred as a result of failed deal fall on MYMs shoulders. For a company with limited resources a NO vote will likely be the end of MYM. Then Trichome can come in a scoop up the remnants for essentially nothing. Dumb as a Moose indeed. Yours and others pride to think this turd is worth $200+ million is what will be the

[NLMoose]

I voted no as the takeover is a bad deal considering that MYM shareholders will only get .02 shares for each IM Cannabis share, which would equate to less than the current value of their shares. I'm not the dummy, so shame on you for calling me such.  

[RockMaschine]

Thats typically the way things go with these deals. Fact is the proxy laid out the entire history. They started talking about this deal on December through Feb. Loose lips had the stock bouncing. They paid an independent firm who looked over the books. It can be readily seen MYM was at the brink. No source of money except the ceo. First offer was worse and rejected. Explicitly stated MYM may not

[NLMoose]

Another thing I could add is that MYM Nutraceuticals shares were doing very well prior to April 1, 2021 when it was trading at 23 cents a share. However, ever since MYM Nutraceuticals announced that IM Cannabis was taking over the company, MYM shares lost nearly 50% of its year for year peak value. MYM was never on the brink as their cannabis brands experienced improvements in their sales