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I think the word
DIPSH*T would work
It would have to be a majority over 50%
Yes and here is the response from the provincial govt.
Shot down in flames, shot down in flames ain’t it a shame to be shot down in flames lol
https://mobile.tmxmoney.com/quote/readnews/?id=5245982276691821&symbol=ACB
Serious question
What percentage of the shareholder vote does CMED need for the Tragic deal?
Not likely CMED was rejected by the provincial government. They consider this a commerce issue and will not intervene.
https://mobile.tmxmoney.com/quote/readnews/?id=5245982276691821&symbol=ACB
Government rejected his plea
https://mobile.tmxmoney.com/quote/readnews/?id=5245982276691821&symbol=ACB
Resistance is futile all your greenhouses are belong to us lol
https://mobile.tmxmoney.com/quote/readnews/?id=5245982276691821&symbol=ACB
Resistance is futile all your greenhouses are belong to us
And the government is not going to help you lol
https://mobile.tmxmoney.com/quote/readnews/?id=5245982276691821&symbol=ACB
Shareholders get the money
Taxes and a little profit taking nothing more. People read too much into this all execs do it in large corps. Its a non issue move on
Resistance is futile all your base are belong to us lol
News Out:
Larssen and H2 Biopharma acquisitions are complete.
https://mobile.tmxmoney.com/quote/readnews/?id=4999737857458360&symbol=ACB
Were you watching the “Jerk” when you came up with that? lol
That’s $17,813,478 worth of CMED shares lol
Yea I can see that happening. It may make a run up this week and next get close to $2 we will have to see, and with Terry Booth on the board of directors at Radient now this thing could start to sprout wings. I got in at $.59 U.S
Why do you think Aurora’s leadership sold shares?
I’ll tell you why it’s so they can go on the open market and lockup as many shares as possible for the 66-2/3 % they will wait for CMED stock to drop and then the buying will begin, you can buy a lot of shares with over $12 million dollars.
Stock hits $15 a share and that’s 800,000 CMED shares locked up if it goes lower and I think it will then that number goes up considerably.
Someone bought 521,800 shares for $8 today at 4:17 on the Canadian side ACB.
That’s $4,174,400 dollars
Terry Booth now on board of directors at Radient.
https://mobile.tmxmoney.com/quote/readnews/?id=8233872143914724&symbol=RTI
Terry Booth now on board of directors at Radient.
https://mobile.tmxmoney.com/quote/readnews/?id=8233872143914724&symbol=RTI
All the info you need is on their website.
http://radientinc.com/technology.php
http://radientinc.com/customer-successes.php
http://radientinc.com/our-customers.php
Maybe they will use those proceeds to help in their acquisition of CMED by buying a lot of CMED shares for low and do it as individuals and not as Aurora, they can then garner a much higher percentage of the shareholder vote say another 15% and the deal is done. It’s what I would do to avoid those poison pills from CMED. See once the shares are sold they are no longer associated with Aurora as an entity and the cash proceeds are now owned by a single individual and therefore no restriction exists in the latest poison pill in the form of the shareholders rights nonsense from CMED. How many shares can you buy with 10-12 million watch the price drop on CMED in the coming days and then we will see a much higher volume and that will be the end game. I fully expect CMED price to drop close to single digits on the Canadian side say around 9.75-10
The MAP technology is patented by Radient and Aurora has exclusive rights to use it for Cannabis and Hemp oil extraction. Radient still has other customers that use its extraction processes for a variety of plants. their success at extracting nicotine from tobacco is indication of how large they could grow with just 1 major tobacco producer ,only time will tell. It’s really the scale at which they can operate that I am interested in, I know other tech is out there for extraction and it works good but Radient MAP tech puts all of it to shame on scalability.
I said this before a long time ago when Aurora invested in Radient, OILS will one day outsell dried goods monetarily speaking.
Aurora is the only client for cannabis or hemp oil extraction they have a master service agreement for exclusivity of the MAP technology.
Radiant has several other customers for extraction purposes for various foods and now they have demonstrated the ability to extract nicotine from tobacco on a mass scale. I have no idea what their revenue stream will look like but I know with Aurora their entire business likely increased 10 times. It will be months before revenue is realized from the Aurora venture due to Radient waiting on license from Health Canada.
Here’s a how to wiki
https://www.tradingview.com/wiki/Volume_Weighted_Average_Price_(VWAP)
Look at page 2 of this doc it gives the ratios for the conversion of shares.
https://static1.squarespace.com/static/5a1494472aeba5a4482a6dbb/t/5a19646124a694106d61d54c/1511613539635/Aurora+Bid+Circular.pdf
Ok thanks
Aurora completes 115 million in new financing!!!!
https://mobile.tmxmoney.com/quote/readnews/?id=7554530648980646&symbol=ACB
Dogger,
Legit question for you, how many shareholders does CMED have? I know the share count just can’t find the number of shareholders.
Yea I know the share count I am talking actual shareholders
Anyone know the actual shareholder count for CMED?
They are trying to prevent Aurora from buying them out on the open market by purchasing another 28% of CMED. The 110 million dollar financing deal Aurora just closed would probably be used for that. I suspect shareholders will vote their shares in Auroras favor but you never know. And to the legality of them locking down shares so Aurora can’t buy them out on the open market, I am not sure about that one a legal expert will have to weigh in on that. I am sure Aurora has top notch lawyers. But to me this simply looks like a stalling tactic, they all know they are getting fired if Aurora succeeds the in the takeover.
News out:
BCNL and Namaste sign agreement. Pieces come together..
https://mobile.tmxmoney.com/quote/readnews/?id=5885709355783815&symbol=ACB
There is it is CMED
You know what’s funny about what you keep saying about all Brents experience 17 years and all, is that Terry Booth is going to take over his company and it only took him 2 years to do it. Thats 2 years to become the largest player in Canada once the takeover happens. Aurora is on a path to become the dominant player in the cannabis sector worldwide not just in Canada. That’s the difference between Terry Booth and Brent Zettl.
Everyone wins financially in this deal only losers are the ones with huge egos.
Well i guess we know who will be looking for a job soon lol
Hunch,
I think you have it backwards.
For every 1 Canadian dollar it is .78 cents in U.S currency.