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Bullboard - Stock Discussion Forum Nuuvera Inc. V.MIAP

Healthcare Drug Manufacturers - Major Drug Manufacturers - Specialty & Generic Cannabis
"Nuuvera Inc is a Canadian cannabis company. It is focussed on low-cost cultivation, product development, commercial production and global distribution of cannabis, cannabis oils, cannabinoids and cannabis derivative products in legalized markets. Through its subsidiaries, Nuuvera holds a dealer license under the Narcotic control regulations and the office of controlled substances."

TSXV:MIAP - Post Discussion

Nuuvera Inc. > I understand the deal closes tomorrow
View:
Post by Carrie1 on Mar 28, 2018 8:17am

I understand the deal closes tomorrow

If i am down in that stock what does that mean?
Comment by Dugan21 on Mar 28, 2018 9:18am
If I understand correctly us shareholders all get screwed and get about 15% less then what we were valued at yesterday.
Comment by LongGuy on Mar 28, 2018 9:36am
Why do you say that Dugan? Any references?  Curious now.
Comment by Dugan21 on Mar 28, 2018 9:54am
https://www.stockhouse.com/news/press-releases/2018/03/23/aphria-and-nuuvera-announce-closing-of-arrangement Looks like per share we get  $.62 and slightly more then a 1/3 share in APH which is now valued at $12.37. Now that the share price is tanking and we have no way to sell we get left to hold the bag or will they change the $ amount given out per share as well? Im guessing we get left ...more  
Comment by LongGuy on Mar 28, 2018 10:09am
I just read your link. Seems accurate....but you are right...at wondering what aph price they will be doing the conversion at. Hopefully our shares/cash doesn't get tied up for too long.  I should have sold before the conversion date....big mistake on my part...never trusted these consolidations.  I have 4000 nuu shares...sure hope we don't get burned. LongGuy
Nuuvera Inc.
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