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ICC International Cannabis Corp is a Canadian company which is engaged in planning, designing, building and operating cannabis production, processing, and distribution facilities worldwide. The company through its holdings is engaged in the pharmaceutical distribution, wholesale importation, research, and development, as well as working interests in industrial hemp licenses in Greece, licenses... see more

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ICC International Cannabis Corp > Clarification. Once and for all.

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Post by RabbitRabbit on Sep 12, 2018 9:36am

Clarification. Once and for all.

Guys, Aurora pays 1.95$ per share with their own share. So, lets say you have 2000 share. You have a value of 2000*1.95$ = 3900$. But, aurora will pay you with shares on a 20dma. So, lets say their 20dma is 10$, you will get 3900$ / (10$/shares) = 390 shares. After that, you can easily sell them at 10$ each and make the same profit.

Another example, lets say Aurora 20dma is down at 6$. They will pay you 3900$ / (6$/shares) = 650 shares. After that, you can easily sell them at 6$ each and make the same profit.

Another example, lets say Aurora 20dma is up at 20$. They will pay you 3900$/20$ = 195 shares. After that, you can easily sell them at 20$ each and make the same profit.

Bottom line, the SP of Aurora shouldnt be your concern because no matter what, they will pay you the amount of 3900$ in share. Even if the SP goes up or down, you will receive the value of ''your number of shares x 1.95$''.

The risk here its if there is a huge difference between their 20 dma and the current stock price. If this is the case, on best scenarios you make more profit, and on worse you lost some profit.

Here, lets say their 20dma is 8$ but the current stock price is 6$. You will recevive 3900$ / (8$/shares) = 487.5 shares. If the day after you want to sell, it will be 487.5 * 6$ = 2925$. In this scenarios, you will have to take a loss.

In the contrary, lets say their 20dma is 8$ but the current stock price is 12$. You will recevive 3900$ / (8$/shares) = 487.5 shares. If the day after you want to sell, it will be 487.5 * 12$ = 5850$. In this scenarios, you will make some more profit.

Finally, this situation is on the back of the board membors who didnt give a sh*t about shareholders and cut a miserable deal with Aurora.

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