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Bullboard - Stock Discussion Forum Bedrocan Cannabis Corp. V.BED

TSXV:BED - Post Discussion

Bedrocan Cannabis Corp. > So we've been ripped off...
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Post by bullishbear369 on Jun 24, 2015 11:38am

So we've been ripped off...

Not only is TWD giving us shares instead of $$ costing the company nothing but dillution.

Morning star hasa quantatativ efair value of BED @ $0.99!

Why would BED.V board and CEO allow this?!


Something tells me that CEO got a few hundred k put right into his pocket.
Comment by CasusFortuitus on Jun 24, 2015 11:41am
-- I agree. All the talk of BED being profitable by end of the year, new domestic production at, what was it, 80-85% profit margin. WTF! This stock would have hit 84 cents on its own with one good NR. They're basically giving the fvcking place away.
Comment by bullishbear369 on Jun 24, 2015 11:45am
Completely agree! Who voted for this? Who arranged this? Why was the SP beaten down for the past 2 weeks prior to this? Someone needs to be held responsible here....
Comment by CommonCentsforDollars on Jun 24, 2015 11:59am
Yesterday the shares closed at 66 cents,.. the HIGHEST this has Closed in the last 3 Months is 77 Cents and that was back in the beginning of April.  Up 28% and folks are complaining this is not fair?  What is driving both SP's right now, the value of all operations meshed together. Tweed now will have 3 Castles if tsx approves,.. if not quite franklly she could go right back to 66 ...more  
Comment by bullishbear369 on Jun 24, 2015 12:33pm
So you're happy with 26% You do know that in 12 months BED would have been at 80-90c by itself with the upcoming profit. So, is it fair? Have you ever seen a buyout like this that only incorporates what's currently on the table, and not future growth? I have not At the same time, BED's SP should be at what TWD offered them for it - BED investors do not care how big TWD can get ...more  
Comment by CommonCentsforDollars on Jun 24, 2015 12:42pm
Let me change my words. Would you pay 69 Million Dollars for a company that hasn't flipped a penny of profit? Seriously would you pay that much, even if it is just in the form of paper? 69 Million dollars. Bedrocan "investors" valued BED at 66 Cents as per yesterdays close and that is the reality of it. Todays acitivity is based on the value of the merger. You mention in 12 ...more  
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