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Still confused. Maybe just a us formula. So if I take a 1000 us shares do I multiply by .8377 to get my amount of aleafia shares? Then convert Canadian to US And multiply? That would make it 1000x .8377=833.7 x 1.56=$1306 us. How is that a good thing to those who bought in at a dollar fifty or more of in anyone's math. You still losing money. Now does that .8377 convert to less? Cause if it does then this could be rally bad. Someone please convince me otherwise. Thanks all. And let not just say its that or we go bankrupt. Peace
Just as D o S stated...over 20% increase.
My bad. Thank you, you are correct. That would be $1,332 for the converted shares.
You are using usd to can dollars. Need to compare oranges to oranges.
A$eaf closed at $1.59. Not $2.12
I'm sorry..to convert to Canadian divide by .76
1000 shares of em @ $1.10 is $1,100 USD
1000 x .8377=837.7 shares converted to AL$F 837.7 shares @ $2.12 is $1,776 USD
Those numbers are from Friday's closing share price. Looks like close to a 62% increase. To convert to Canadian dollars multiply by .76.
Can anyone breakdown the US $$ on the conversion for me? Thanks.
i think the deal will be good for both companies as well. I also don't think that will be the last of the deals, I'm expecting Aleafia to be bought down the road. These smaller players will be gobbled up eventually by the bigger players.
I totally agree with you at this point, if the price is at current price or above it's all good. When the deal was made I believe the price of EMblem was around .68 and it wasn't looking good. lots of Movement and the two together seem to be a Good Fit. Looks like others are starting to show interest... Good Day...
Ndakota
EMC/EMMBF
In Canadian currency if the proposed merger/ buyout takes place—
The present realities are EMC—
$1.46 CDN
Take into account the proposed .8377 share exchange agreement.
The closing PPS of Aleafia on the CDN side was $2.12.
$2.12 x .8377= $1.775924 CDN
Fifty thousand shares of EMC ($73,000 at EOW close) would become 41885 of Aleaf.
41885 x $2.12 would equal $88,796
Please correct me if I’m wrong but is that not an over 20% difference in reality if the deal goes through?
I’ve been buying/trading accordingly.
Seems like a decent arbitrage play if all goes as said.
I believe it will but certainly a “white night” appearance is possible.
As I’ve stated before—I’m good with the buyout/merger.
With all that seems to be evolving, the Buy-out/ Merger. Australia, Germany the Focus on Creating the New Medical Leader. We all know that the legal M.J. was passed on Oct. 17 2018, we have not seen ONE Quarter of Revenues from either one of the Companies Mentioned?
It has been said that Emblem one of the above Mentioned Companies, was in the Top 3 companies of Sales of Legal Cannabis. In Canada... I am Interested to see how successful both of the companies where on there own. Prior to the Merger... This could be interesting.
There is a Very Nice path moving FWD for the company as ONE. With Strong Stepping Stone through-out 2019.. Good Day...
Ndakota
Makes sense.
Thank you very much for the info appreciate it !
True.
I’m ok with the proposed buyout/merger.
The two companies combined will be much stronger.
I believe that recent market sentiment sees it as a positive as well.
Thanks Lazur! Anyone have any thoughts on how Emblem and Aleafia have been trending this last month?
D of S, per the stickie above:
Further information regarding the Transaction will be included in the information circular that Emblem will prepare, file, and mail in due course to its shareholders in connection with its special meeting to be held to consider the Transaction which is expected to occur before March 8, 2019. The Agreement will be filed on the SEDAR profiles of Emblem and Aleafia on the SEDAR website at www.sedar.com.
We need to wait on the vote and the March meeting
Does anyone have any idea when we are becoming ALEF or if it is a done deal yet?
Nothing they never completed a deal.
How much does emblem has invested in NN?
TLRY just bought natura naturals
They cancelled their LOI to buy Natura Naturals back in September but stayed with their original 9000 kg supply agreement and $3 mil investment.
Are they still taking over natura naturals
Motley Fool says EMC/ALEF poised to be a top six producer!
https://www.fool.com/investing/2019/01/17/this-no-name-marijuana-stock-is-about-to-become-a.aspx
Man someone is really trying to keep this share price down till they figure out what they are doing. Opener up let it run dammit!!
Nothing has Been communicated I think Nick forgot Us...
Has a date been set for our shares to transfer?
Aleafia news with CannTrust: https://www.ftmig.com/cannabis/aleafia-fulfills-first-transaction-under-cannabis-supply-agreement-with-canntrust/
Thanks for your input D o S.
You’re welcome.
As investors we all have legitimate questions.
It’s frustrating but all we can do is watch how things play out and or trade/accumulate as per our personal thoughts and views.
Personally, I feel there are interesting “events” ahead.
GL!
Thanks for the News, wondering where Emblems CEO is at? still not sure when the acquisition is suppose to take place, I still question the 1 for 4 split?? Good Day ....
Ndakota
Aleafia Has Buyers Lined Up as Greenhouse Goes into Production --
https://www.nasdaq.com/press-release/aleafia-has-buyers-lined-up-as-greenhouse-goes-into-production--cfn-media-20190110-00411
Aleafia 2.0: Acquisition of Emblem ‘Transformative’
http://www.stockhouse.com/opinion/interviews/2019/01/10/aleafia-2-0-acquisition-emblem-transformative
Man they're really trying to keep this price down. We need to double this thing Emblem$$
Still think it should be a dollar deal or more. But I do like where they are headed I think either way we will be on top in the end. Gl
Emblem Oils Now Available Through Shoppers Drug Mart
https://ih.advfn.com/stock-market/TSXV/EMC/stock-news/79011761/emblem-oils-now-available-through-shoppers-drug-ma
The 1 for 4 Rev. Split has to be Cleared up!!!!!
Not sure I can Totally agree with that, $1.00 a share, there is no Premium in that! Emblem share where That.. The companies Certifications and Money spent with Aphria, Locking in a 5-Year Deal, for supply. The 30,000 Sq ft. Product innovation Center/ 5,000 sq ft. GMP Certified Lab. online early 2019, is worth the $1.00. Nick sold the Farm with No Explanation... Good Day.
Ndakota
Aleafia Completes Phase One Construction and Retrofitting of Niagara Greenhouse Facility
https://globenewswire.com/news-release/2019/01/07/1681121/0/en/Aleafia-Completes-Phase-One-Construction-and-Retrofitting-of-Niagara-Greenhouse-Facility.html
One thing we can clarify is that its Emblem that will be receiving a premium on the all share deal, not the other way around.
yEP AND AFTER THE mERGER, which we get .83 cents on a Dollar, they decide to do a 1-4 Rev. Split... That does NOT feel Inviting to me???
All of this stuff floating around Needs to be Clarified. Emblem was said to be In The Top 3 of sells Two weeks into the Oct. 17 Date, they Had 30+ Million in Cash, and Many Irons in the Fire, along with the Germany Deal with Acnos.
The Average Price of the stock was a Buck until they drove it down and cut a really bad deal with us, The 173 Million is in Canadian dollars, which equals what 120 million U.S. IT NEEDS TO BE CLARIFIED!!!! Good Day...
Ndakota
What can we do? We can remain a penny stock or be a part of the biggest medical cannabis network in Canada with a great ceo and management team, IMO, who are planning on uplisting to the nasdaq.
Looks like Emblem board says not going to sell time to get rid of Nick Dean https://seekingalpha.com/article/4231280-emblem-finally-capitulating-aleafias-lowball-offer
Happy New Year!! Think good thing are always possible.
Lots of accounts getting wiped out. Expecting a dead cat bounce here then fade. Company failed to execute and market took note. Aleafia is overpaying.
Let hope for a Happy New Year her!!! GLA
Nick Dean and co. F-ed us hard. They lied and misdirected us and threw us under a the money bus instead of letting us on. Im sure they all cut a sweet deal for themselves. Wtf.
Emblem does not own shares of Aphria They own 6,952,169 shares of Emblem. Good Day..
Ndakota
We need to vote against the aleafia deal people!!! We should hold out for a better one. A vote can be mailed in. I believe we still have time. If this deal happens we are screwed!!!! Nick Dean does not have share holders in mind. The whole board needs to go!! Lawyers need to investigate!! Im tired of being a Sheep!!! What can we do!!
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We love our Mothers! Finding the best Mother plant to breed each of our cannabis strains is the first step to uncovering the perfect phenotype. We begin by growing a full room of mothers of a single strain. We carefully watch each plant grow, taking note of their unique qualities. As each plant is harvested, it’s meticulously tested for the natural cannabinoids and terpenes that will provide the greatest patient relief. After the ultimate Mother phenotype is selected, we begin tending to her daughters with the same care and attention. Just as nature provides us with the benefits of cannabis, it has its own way of controlling the natural predators. Our first defense is a holistic one, using organic solutions to ensure our strains grow healthy and true to their innate plant powers. We also employ various strategies, like elevating the CO2 levels, making our plants grow bigger and more robust. The pungent terpene aroma and flavour is the telltale difference naturally grown makes.
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