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Cool just going to have to wait 11 more months.
I've owned this stock for more than 7 years still waiting to break even a 1 cent.Way too many shares out there.
We're they say they can WAIVER the triggering event.
This is the part that I find interesting. Following completion of the Arrangement and upon the occurrence or Following completion of the Arrangement and upon the occurrence or WAIVER of the Triggering Event, Canopy Growth will exercise the Canopy Growth Call Option and, subject to the satisfaction or waiver of the conditions to closing set out in the Arrangement Agreement, acquire (the "Acquisition") each of the Subordinate Voting Shares (following the automatic conversion of the Class B proportionate voting shares and Class C multiple voting shares of Acreage into Subordinate Voting Shares) in exchange for the payment of 0.5818 of a common share of Canopy Growth (each whole common share, a "Canopy Growth Share") per Subordinate Voting Share (subject to adjustment in accordance with the terms of the Arrangement) of the Triggering Event, Canopy Growth will exercise the Canopy Growth Call Option and, subject to the satisfaction or waiver of the conditions to closing set out in the Arrangement Agreement, acquire (the "Acquisition") each of the Subordinate Voting Shares (following the automatic conversion of the Class B proportionate voting shares and Class C multiple voting shares of Acreage into Subordinate Voting Shares) in exchange for the payment of 0.5818 of a common share of Canopy Growth (each whole common share, a "Canopy Growth Share") per Subordinate Voting Share (subject to adjustment in accordance with the terms of the Arrangement)
So the stock price of Acreage doesn't really matter just amount of shares you have to be converted into Canopy
Following completion of the Arrangement and upon the occurrence or waiver of the Triggering Event, Canopy Growth will exercise the Canopy Growth Call Option and, subject to the satisfaction or waiver of the conditions to closing set out in the Arrangement Agreement, acquire (the “Acquisition”) each of the Subordinate Voting Shares (following the automatic conversion of the Class B proportionate voting shares and Class C multiple voting shares of Acreage into Subordinate Voting Shares) in exchange for the payment of 0.5818 of a common share of Canopy Growth (each whole common share, a “Canopy Growth Share”) per Subordinate Voting Share (subject to adjustment in accordance with the terms of the Arrangement).
What happens if Canopy waives the trigger event. Do they acquire us right away?
Acreage and Canopy Growth anticipate implementing the Arrangement on or about June 27, 2019 (the "Initial Effective Date"). Holders of Acreage Shares and certain securities convertible or exchangeable into Class A subordinate voting shares of Acreage (the "Subordinate Voting Shares") as of the close of business on June 26, 2019, the business day immediately preceding the Initial Effective Date (the "Record Date"), will be entitled to receive their pro rata portion (on an as converted to Subordinate Voting Share basis) of US$300,000,000 (the "Option Premium") being paid by Canopy Growth to such persons as consideration for granting the Canopy Growth Call Option. It is expected that the Option Premium will be distributed to such holders of record on or before the third business day following the Initial Effective Date. Pursuant to the payment of the Option Premium, each holder of Acreage Shares and certain other eligible holders of securities exchangeable for Acreage Shares will receive approximately US$2.63 per Subordinate Voting Share (on an as converted to Subordinate Voting Share basis), with the final amount to be received by each holder determined based on the number of Subordinate Voting Shares into which all of the eligible securities would be converted at the close of business on the Record Date
That would be alright with me to bad you can't trade this pre market
Canopy Growth is permitted to waive the Triggering Event and intends to do so as soon as the policies of the New York Stock Exchange (“NYSE”) and/or the Toronto Stock Exchange (“TSX”) permit completion of the acquisition, provided that completion would not violate any third-party agreements, including those entered into by Canopy Growth with Constellation Brands, Inc.
I'm contemplating on buying another 1000
Yep $21.75
I bought 1000 shares a little over a month ago. Been holding waiting to break even.
How long do you have to hold this after the record date to receive the $2.63 per share.
I've been buying and selling this through my IRA for a couple months. Good money to be made when timed right.
Or maybe he was referring to DP being 1 of the 23 chosen for Pitch Tank.
June 6/16/17 closed at .0024 for bvtk I bought it at .0015 the day before.
We use SolidWorks at the manufacturing company that I work for.
Been here exactly 1 year. So I have seen everyone's angle on this. It's really quite comical at times. I bought this not to get rich quick because I knew this was going to take a couple years.
Anybody that invests in OTC pennies are all looking to get rich quick. You win some and you lose some. It's always the bag holders that are complaining when it doesn't work to their advantage.
You mean .2 right
Looks like they have a couple more weeks then?
Check out ucsdgaurdian.org features page. Gives a little insght to what they are doing and the people mentoring them.
Keep your chin up Greg P. It's all coming together.
No. State Farm it's just a coincidence.
Yep can't wait for the update.
Good luck with that.
We all want to see something positive but it's going to come when it comes. Either your in for the long term or your not. Not a single person here is going to be able speed up the process. I can wait as long as it takes.
Tom has been leaving a trail of bread crumbs since last spring. I just look at it like a game off Chess and he has been methodically setting this up for the check mate.
Thought I read something about a purchase order for a Town surrounding the Mojave Desert.
Does California City have anything to do with the Gaurd Lite.
It's the video on the FB page that is uploaded to YouTube of Dr.Cellucci.
Just a few miles down the road from where I work Facebook has spent billions building data centers using the wind energy to power them. I bet this would help them save some money on their servers.
I'll take it whenever because I'm holding for multiple pennies. I've held this for over a year and could have sold at .007 in January but it seemed like peanuts to me. I got in at .0012
If the 10q was due today then it will be filed on or before 5 calendar days per prescribed due date. So Sunday at the latest?
Yep. I wish I could accomplish even a 1/4 of what Tom has in my life. I better get busy.
It's all good because of the relentless DD over and over I locked up all of my shares to $5 lol. But seriously I'm in this for the long run. I've done my own research and this stock isn't going to be down in the basement of the pinks for very much longer.
I'm loving all the DD lol. Keep up the good work. Bravatek DD Classic rock that rocks.
They do. Theperformancecenter.com/ bravateksales/
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