Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
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.
So what's the deal here are we voting yes or no?
I still believe a one for one would be best. Plus a lot more and deleted. God speed. To the moon.
11Mj Growers that will top 100,000kg
https://www.fool.com/investing/2019/02/24/11-marijuana-growers-thatll-top-100000-kilograms-a.aspx
Aleafia Health Named Top Performing Company of the Year for TSX Venture 50
”However, we are not content to celebrate past achievements,” Benic added. “The pending acquisition of Emblem positions Aleafia Health as a global cannabis health and wellness leader with national and global distribution in the medical and recreational sectors. As we integrate Emblem in the coming months, we will launch industry first, globally scalable cannabis education and e-commerce platforms, while expanding our recreational sector product and retail footprint. The best is yet to come.”
https://globenewswire.com/news-release/2019/02/21/1739410/0/en/VIDEO-Aleafia-Health-Named-Top-Performing-Company-of-the-Year-for-TSX-Venture-50.html
I sure would like to see how Emblems Q-4 turned out, before the Merger happens. Both companies where involved in selling Legal Cannabis from the Oct. 17 2018 - Dec. 31 2018. The Quarter should be reported Individually, before the Merger??? It would be Good Info going into the Merger.. Good Day...
Ndakota
Aleafia Health Announces new President of Clinic Operations
https://ih.advfn.com/stock-market/TSXV/EMC/stock-news/79279216/aleafia-health-announces-new-president-of-clinic-o
Profit taking. No worries. Very normal trading here. This is small peanuts. After the merger expect a capital raise and a buying spree. This little under the radar company has a strategy.
What is going on with this stock over this past week?
We can't go up always, that was a run of 5 or 6 days,
I do agree Mergers are a Good Thing and better yet this one fits for the Two companies, Lots of good Compatible energy in this Merger.
I was not happy when it came out, i'm feeling better as we learned More..
Good Day..
Ndakota
Hoping this is just consolidation with a little sell off. Good riddens shorts.
My prediction Aleafia gets bought out by big Tabacco. Think we will see some good things after the merger. As they say can't beat em join em. ;)GLA
I look forward to attending the March 6th meeting in Toronto.
The info/proxy package should arrive by EOW.
I’m a definite YES vote for the merger.
The odds of recouping their investments is far better with the merger. I assume most underwater holders understand this and almost all will embrace.
Emblem Corp. Announces Receipt of Interim Court Order and Mailing of Meeting Materials Related to its Special Meeting
https://ih.advfn.com/stock-market/TSXV/EMC/stock-news/79193020/emblem-corp-announces-receipt-of-interim-court-or
Expected to occur before March 8, 2019.
Any news on the Actual Transfer Date?
Ndakota
The 4-1 reverse split would only be if alef was trading at $1.00 American as $4.00 is required to list on the nasdaq. Alef is approaching $2.00 now so that would only be a 2-1 r/s. The ceo said in a recent interview that he wants to uplist organically so there might not even be a reverse split.
It's all good kettleman. Let's hope this up trend continues!
With all the catalyst going Fwd. (as long as they come True,) I feel Most if not all of the investors will do well. Listing on the Nasdaq whould be big IMHO.Good Day..
Ndakota
There are 2 call signs for Aleafia,1=Aleaf U.S. currency 2 = Alef.v = Canadian Currency. U.S. =1.90, Canadian = 2.47,
Thanks sorry about that!
The Canadian side/trades and current CDN PPS can be seen at EMC
GL!
This is still a loss for higher bag holders which no one gives a whoop about apparently. The price better rise by another buck before this deal closes. Or they will face opposition.
Ah they are 2.47 Canadian lol. Sorry about that.
15832x.76 Canadian converted to Us is $12032 US no? Is Aleafia Canadian dollar? I could be a dumb ass about that.
Should you convert Aleafia to US $$ if so that makes it $1.44 not 1.90.
So 1.44x.8377=1.20 a share Us multiplied by number of shares. No??
You would get 8377 x 1.90 = $15,916
You would get 8,377 shares.
Yes. Emblem closed at 1.27 and Aleaf closed at 1.90. I own 10,000 shares of EMMBF so I would have receive 8,333 Aleaf shares at the 1.90 Price = $15,832.
That is More then what i paid for the 10,000 shares of Emmbf. I'm Good with that as long as Aleaf stays Higher, I'm not ok if Aleaf does a 1 for 4 share reverse Split... Good Day..
Ndakota
Powe, I agree 100% on how you did the #, after looking and digging to ensure the Conversion, is how you just explained it. I purchased a few more Shares. we still have to hope the Aleaf shares stay UP.. I also would like to hear more on the 4 for 1 reverse split Aleaf approved in Nov 2018, I don't believe it would apply after the Merger, but then again Aleaf owns the Majority shares????
Aleaf has also applied to get listed on the Nasdaq, which would be Good for all. Lots of Questions. Good Day.
Ndakota
Read the D o S stickie. For every share of Emblem you will receive .8377 shares of ALEAF.
Your math is a little convoluted. It’s not .8377 x dollars it’s .8337 x the price of an Alef share. For example: emc closed on Friday at $1.27 a share U.S.. alef closed at $1.908. If the merger had taken place on Fri. emc shares would be valued at .8377x 1.90= $1.598. That’s a gain of .328 per share. Then multiply $1.598 by the number of emc shares you own and that dollar amount would be converted to Alef shares at $1.908 per share. That’s a lot more shares of alef than you would have been able to buy at $1.27 per share before the merger.
As much as I like all the growth here. I still believe .833 is undervalued. We bring just as much to the table as aleafia. Granted together they will be a power house. Just isn't right to take 26% away from current share holders. It seems we are the key to opening all these magical doors and we are still second rate losers. So for every 1000 shares we lose 167 shares multiply that by 10 and you lose 1670 shares and so on. Plus the exchange rate is definitely a factor here. If it is .833 exchange then you convert to US$. One is better off taking a loss now and moving on. I do not see the gain here unless the price rockets past $3CN here then it evens things out. A bit. I think the US side of the exchange need to be adjusted. For example. If I convert my Us stock 1000x.833=$833 then multiply by say $2 Canadian that is $1666cn multiply that by exchange rate it would be $1271 US dollar. Now that's a $729 loss money wise someone tell me how this is good for us please. Let em burn. There is no way anyone would not understand why it went down the way it did. Then we will see what snake like move can do to another company and see their true colors shine. Id rather loss my money with a better deal or done on our own. Nick fucked us all by not following through with the original plan. He is choosing an easy way out imo. Good luck with my vote. I will be sure to join Reddit and start this discussion unless some one can straighten me out on this. GLA. Kettleman are you doing the same math?
EMC.V is on the verge of greatness now that ALEF owns it!!
Looks like almost a 26% increase converting to ALEAF using today's closing price.
Thanks that makes sense.
Hope we get to a higher numbers and stay there. GLTY
IMHO - The Companies together are in a better place, they compliment each other well, they both have deals going in other countries and growth is happening on Both end, as one they will be Noticed.
All the Pot companies are moving like there being chased by Fire, all are working hard and the Mergers in my opinion are far from over. when Our Merger is complete Aleaf will be one of the Largest Patient First Focused companies. they Educate, Produce the Meds, Grow the Crop, Cultivate and With Very Little Debt. Good Day..
Ndakota
Yes.
Good luck to us all
I did use it in the share price, only because I didn't want to over inflate the Numbers. So you do agree it woul be 1000 shares go to 833 shares of aleaf at it's current price of aleaf the day they Convert? Good Day..
Ndakota
Nick states in the interview, focus on the .833 exchange ratio for every Aleaf share. for me if Alief is $1.00 or $2.00 we Receive .833 per share when the Transfer happens. you can watch the interview Post 1110 will give you the Article. Good Day..
Ndakota
There’s an error in your calculation.
You’ve used the .8377 ratio twice (1000 shares and $1.70 PPS)
In the stated scenario the shareholder would end up owning 833 shares of Aleafia at $1.70 (current PPS) not $1.41.
The ratio should only be applied once.
The info is IMHO. I went back and watched the interview with Benic and Nick, to (try) to understand how it is working, the individual interviewing them said after they explained it he was holding his shares, I may not be right.
It has not been Clear... Good Day...
Ndakota
I’m not sure you are presenting correct info.
Hello Lucky Fellow, My review of the buy-out, Leads me to believe each share of Emblem will be converted to an Aleaf share. for each share of aleaf Today it is 1.70 U.S. Emblem share holders will receive .833% per share.
Aleaf= $1.70 U.S. x .833 = $1.41, if I own 1000 shares of Emblem I'll receive, 833 shares of Aleaf at $1.41 U.S. Good Day ..
Ndakota
reminder some people bought in over $2 a share and were sold out. Now correct me please if I'm wrong. But if my say1000 shares are reduced by .1623% = $ 883US now my 1000 shares cost $2000 I've lost $234 already. So if Aleafia hit the 2.12CAN which is what $1.76 US now my 883 shares is = $1554US now I'm down -$446US so for every 1000 shares I picked up I would lose 446$$US this is why Share holder who bought in high are pissed. Maybe they averaged down who knows. Either way their are trust issues stemming from this and Emblem needs to recognize and not just say oh well. Why is this a stock deal and not a money bought deal? We are being treated like second class dirt. I love the rise in Pps but will it sustain this level or disappear like it has in the past. It's not like Aleafia has billions of market cap happening here who's to say. Best bet is they both get bought out by a giant. good Luck all Longs.
Followers
|
44
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
1282
|
Created
|
03/03/17
|
Type
|
Free
|
Moderators |
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.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |