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Re: w6w9t8015 post# 85844

Tuesday, 11/21/2017 5:07:00 PM

Tuesday, November 21, 2017 5:07:00 PM

Post# of 142802
Probably not - it's still a private company until the merger is complete. Then it will be a whole new company with no debt and no money. That means selling shares for operating cash. I assume they will try to get equity investors instead of taking on convertible debt. It will depend a lot on what financing is available for pot companies.
They could also do a private placement, which would make shares available to the public to purchase, at a given price. I seem to remember something about $.10 in something I read a while back. Meaning, you could buy into the public CC by paying that price per share.
We will know soon enough...