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So I had talked to my broker and they said once they receive my new shares they will be deposited in my account and nothing to worry about. I don't have to do a thing.
mine haven't as of yet, well see what the Morning brings. I do have a call in to my Broker. Good Day, I do believe we are Heading to Great places with ALEAF.
Ndakota
My shares have not transfered yet. Anyone else having the same issue. I am using Schwab
Looking forward to the future. It looks very bright for ALEAF.
EMMBF
Onwards and upwards!
I going to miss this board but am proud to be a long time Mod/shareholder at our new ticker symbol.
GLTA!
Best o' luck, D.o.S.
Thanks Renee’
A new era begins tomorrow for all EMMBF/EMC/ALEAF shareholders.
EMMBF: effective March 19,2019 each Emblem shareholder will be entitled to receive 0.8377 of a common share of Aleafia for each common share of Emblem held.
FINRA will delete the EMMBF symbol.
https://otce.finra.org/otce/dailyList?viewType=Deletions
according to what they have indicated ALEF, The up-listing is happening at the same time at close of the MKT on the 18 of March it should show on the open of 19 March, we will see how it all Pans out. Good Day...
Ndakota
One other question. Will they convert to ALEF or ALEAF shares? Thanks and GLTA longs
Shareholders have to do nothing.
GL!
Will EMMBF shares automatically convert to ALEF shares in your brokerage account or is there something you have to do to convert?
Aleafia Health and Emblem Close Merger Creating Leading Canadian Licensed Producer
View PR here
Halted at request of company due to pending news
http://iiroc.mediaroom.com/index.php?s=2429&item=154490
Aleafia Health and Emblem Announce Closing of Arrangement
The Arrangement creates:
The leading Canadian medical cannabis clinic and education centre network with 60,000 patients seen to date
A high-value, highly differentiated product portfolio of oils, capsules and sprays
Scaled production capacity and leading supply with three dedicated cultivation and product innovation facilities and the industry’s largest LP to LP cannabis supply agreement
A national and global distribution platform with provincial supply agreements, retail partnerships and a global expansion
Improved capital markets profile and liquidity, including up-listing to the TSX
A combined entity with a robust cash position
“The acquisition of Emblem rapidly accelerates the execution of Aleafia Health’s strategy and positioning as a vertically integrated, diversified cannabis company with an integrated, highly differentiated consumer ecosystem,” said CEO Geoffrey Benic. “Emblem’s product leadership in the medical and adult-use sectors and highly coveted supply agreements will perfectly complement our cannabis production and clinic operations. This is a transformative transaction that positions Aleafia Health as a global cannabis leader.”
Under the terms of the Arrangement, each former Emblem shareholder is now entitled to receive 0.8377 of a common share in the capital of Aleafia Health, for each Emblem Share held prior to the Arrangement (the “Consideration”). It is anticipated that the Emblem Shares will be delisted from the TSX Venture Exchange (“TSXV”) as of the close of trading on or about March 18, 2019.
https://mailchi.mp/aleafiainc.com/aleafia-health-and-emblem-announce-closing-of-arrangement?e=9bbb842c5f
I'm not at all familiar with the Canadian stock Exchange, Is the ESX their Main exchange? the News of ALEF up-listing from what seems to be there OTC board which we are currently on, that has to be Huge and give the company a bit more Clout!
If the Nasdaq is the next Move I see this as a Very Good Thing. As Long as it is done Organically, and NOT SOME REVERSE SPLIT... Good Day...
Ndakota
Emblem Receives Final Order from Ontario Superior Court Approving Aleafia Health Merger
View here
I agree.
EMMBF/ALEAF Nasdaq application and acceptance coming to a screen near us shortly.
Aleafia currently flys under the radar. Move to TSX is huge and leads to an eventual move to NAZ/NYSE IMHO.
Aleafia Acquisition of Emblem Expected to Close March 14th
https://www.newcannabisventures.com/aleafia-acquisition-of-emblem-expected-to-close-march-14th/
Aleafia Health to Graduate to Toronto Stock Exchange
https://ih.advfn.com/stock-market/TSXV/EMC/stock-news/79426271/aleafia-health-to-graduate-to-toronto-stock-exchan
You will get ale%f shares
What ever X amount of shares you have, multiple by 0.8377 and round down the number to the nearest full digit. That’s the amount of shares you will have
So how does this work is treating suspended?
Emblem Corp. Shareholders Approve Proposed Arrangement with Aleafia Health, Announces Results of Special Meeting
The Arrangement creates:
The leading Canadian medical cannabis clinic and education centre network with 60,000 patients seen to date
A high-value, highly differentiated medical product portfolio of oils, capsules and sprays
Scaled production capacity and leading supply with three dedicated cultivation and product innovation facilities and industry’s largest LP to LP cannabis supply agreement
A national and global distribution platform with provincial supply agreements, retail partnerships and global partnerships operating in the European Union and Australia
Improved capital markets profile, with broader shareholder base and improved liquidity
A robust cash position
https://ih.advfn.com/stock-market/TSXV/EMC/stock-news/79416090/emblem-corp-shareholders-approve-proposed-arrange
EMMBF/EMC
It’s getting better;
and then up 9% today...
Down to 12% this morning. It's uncanny how the percent gain keeps dropping the closer we get to the conversion.
With Friday's closing prices we are going to see over an 18% increase in value after the conversion. At one point we were seeing a 30% increase. Looks like the closer we get to the conversion the lower our percent of increase seems to get. Voted yes today, the upside is undeniable.
8 Best MJ Stocks to buy
https://money.usnews.com/investing/stock-market-news/slideshows/best-marijuana-stocks-to-buy-now
I'm 100% with you, it's a young industry, we are in it early. I'm riding with all. Good Day...
Ndakota
Im all in for the ride but really hope this all plays out right. GL
I agree with some of your concerns, the Reverse split is something I've continued to ask for clarification, Aleaf is who passed that, I'm thinking they would have to run that through once we become ONE. I'm not totally sure on that we only become 42% of the company. I still believe they have to report there Q-4 Individually? that could give the company a Lift for the Merger.
IMHO we are sitting on a Very strong Company once the Merger Happens, we move to the Top-10 Companies in Canada, we Move to one of the Top 6 in Growers/ Quantity, and we will add Two more Countries to our distribution. Good Day...
Yes is how i Voted my shares.
Ndakota
Here is another senerio I buy a 1000 shares it converts and drops to this price and sells quick you miss the boat.
1000x1.23= 1230 convert 837 shares price drops to 1.50 = $1256 drops to 1.30= &1088 and so on. Im willing to bet it drops under 1.50 for close of the deal. Then reverse split to up list. So Chew on that. And watch what happens to the price. To be honest I bought a couple thousand shares at 1.80 and brought it down to 1.54 and decided not another penny. So I won't even bother. This company has become a shorts dream. So every time its shorted its a larger chance I won't see my initial investment. Good day
Oh and remeber your losing almost 26% of your shares to gain only if the stock stays at these levels. It wasn't to long ago Aleafia was below our price now. Then you would stand to lose over 46% of your cash. Something like that. So be aware. Im just saying. This has been swing town and we are in Canada with little US play. You know the more Ive tried to feel good the more I can't help feeling played. Just a regular guys opinion. As far as being smart never claimed that. Just optimistically cautious.
Don't get me wrong. Ive been here for almost 2 years and have been nothing but disappointed and lied to. I like what I see at the moment but do you really think the price is going to stay at these levels for the close of the deal? I know bite your tongue. Consolidation is key. As long as Aleafia follows through with their promises we will be fine. Im just voice my opinion. If all you short players were true to the stock it would only have risen so anything anyone says here is like listening to a thief telling you what you want to here. Motley is a flip flopper. Why would he put out a negative artical implying that they will r/s then tell everyone its the greatest thing since sliced bread. Manipulator with his hands out to cash in on weak hands. Just want a solid company with a good track record. Any how make a note on the price now and we will see we're this goes the next seven days. GLA
My order is in this morning. You are one of the smarter ones here
It is clear with me and obvious clear with management that going alone now is suicide. I love Emblem, but we got caught thinking the market would wait for us why we generate patients organically. Not the case. Consolidation is the key and quickly or we lose everything.
motley's latest article states Aleaf is a steal at these prices
You would really screw yourself and the rest of us with that thinking. This thing doesn't close our future is bleak. I already voted yes. Since the announcement we are up 30% and once the deal closes, assuming the ratio continues will earn another 20 % in value. Greed will not be in anyone's best interest
We need to see the individual companies Q-4's There individual Quarters ended Dec. 31, 2018. This industry is to young to be steady and strong, I will say with this combination they really do strengthen there status and at this point in the play book I like how it is playing out going Fwd. Good Day..
Ndakota
Tired of the up down game. If its solid it should just be going up right about now. I cant trust either one of em. To many games. Let cut to the meat.
Not sure if this is something to be upset about, I'm looking at jumping in on these dips? Emblem dropped .14 to close at $1.23. aleaf closed at $1.905.
If i buy 1000 shares of emblem at $1.23 today when the switch/Buy-out happens, i will receive 837 shares of Aleaf at $1.90, I'm using todays Numbers.
1000 shares of Emblem cost me 1,230.00
837 shares of Aleaf will be worth $1.90 = $1,590.00 that gives me $360.00 Profit.
I DON'T THINK i'm missing anything?
I believe 2-Years down the road these Numbers will be a faded Memory. Good Day...
Ndakota
Exactly what I thought would happen happen mother Effen pussies have no faith in your own company. and shorters rule here to hell with you all.... just let it grow then they would have no choice but to make it a one for one with the Novo. Manipulated to the hills. Slimy pole smokers!!! This better be a short dip before the first because if it isn't this company will go nowhere ever. From here on out unless this thing flies in the right direction I will post nothing but evil stuff here on Reddit on Yahoo on all of them. Jmfo
Yessir...that's the cherry on top!
and become a top 10 or so producer based on expected combined production.
As long as we stay above these levels it's all good. Are they going to reverse split for upgrade? They should do it organically at this point. Other wise we should be in for a great year. Also side note, I think motley is a paid fool at this point. Seems like he likes the short game. Would be nice to see us up ove 5 this year. GLTY
I'm voting yes. We stand to make about 20% on our investment if we converted at today's closing share price.
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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.
We’re just like you. Either by chance, fate or on the advice of a physician, we discovered the medical benefits of cannabis. It naturally enhances our entire state of wellbeing for optimal living. That’s why we created Emblem. Together we can celebrate feeling whole, and a whole lot better than before. We’re not a giant, disconnected corporation. We’re a team of passionate growers carefully tending batches of thoughtfully curated cannabis strains, widely regarded for their efficacy, flavour and effect. We cultivate these strains into medical products that enhance your wellbeing, helping you transform your life and attain extraordinary health. Join us, for better living.
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