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I have conveyed that the Monitor exclusively acknowledgeds the deal would be “ in the best interests “ of ALL stakeholders and would not create any “ hardships “ to stakeholders in the monitors reports..it was very clear...I do know the 10 th monitors report indicated there was “ belief “ also “ anticipation “ of any underlying value..
I believe it was...a U.S. order...and it better be adhered too...they are not so nice to deal with...in revisiting court orders...
I was just pointing out what they said..that the deal would be in the interests of all stakeholders and no hardship would be exhibited...That indeed was a very forward indication that stakeholders are safe...no “ ifs “ ..” buts “ or “ maybe “..These are legal statements..they were trying to tell you something...
Happy Investing !
Can someone repost the monitors report that states the deal is “ in the best interests of “ ALL “ stakeholders and will “ NOT “ create any hardship to stakeholders.... That is where the music stopped...it was made perfectly clear...no “ ifs “ or “ maybe “...I have lots..but if it drops below a penny again I will take down some more...
GLTA !
The monitor made it very clear the deal was “ in the best interest “ of all stakeholders....and there would be “ no hardship “...they ve told us that all in writing...I”m sewing more pockets on my pants...for when the real news comes..
They still can’t say shares are cancelled...There’s more to a $ 4.3 million deal of a $ 140 million plus in assets...PWC would look way to embarrassing and tarnish its reputation...who would retain something like that ? Substantial return or tax loss...for me..
I”m hoping we get around a $ 1 something a share...The FMV was at $ 1.64 a share.. But who knows..could be more...could be less...we will see...The clock is ticking ! No offence BC. Lol
Just total nonsense..and you had steak and lobster too...
Nonsense
Nice if we can hit .025 - .04 range today..ore and more are trying to jump on...
The documents support the buyout scenario
More shares today!
All my shares are up at $ 4- $ 5.00 so they can’t be lent out ...
On a lighter note..I thought the new sign LCY Biosciences sign was put up within 48 hours of the sale..it seemed very convenient that it fit perfectly in the fixture..They must have had made it ...the night of the sale..
I saw it there a day or 2 after the sale...just sayin...
The monitor stated the deal is in the “ best interests “ of all stakeholders...I would interpret that statement as one of prosperity...it is not consistent to share cancellation at all..Also the deal was to not create any “ hardships to any stakeholder “...that means anyone with any stake in the deal...encompassing Buyers, Shareholders, Creditors, etc.. It was clearly communicated to anyone who bourne any stake in this matter.
Simple math..How bout .03 or .04 tomorrow...
Anyone who wants shares is going to have to Pay...Next to no one is selling...Interesting and exciting week ahead.
“ DEAL IS IN THE BEST INTERESTS OF ALL STAKEHOLDERS “..So every person,entity, creditor,shareholder will load their truck with something...We already know that... $ 0...return on an Investment is not in the best interests of anyone here..However I wonder what the shareholders will get...We”re close...There will be no warning bells to buy..that’s for sure...
Oh Goody ! I”ll be waiting in the a.m. tomorrow to try and net some cheapies...I feel bad for the weak hands, naive, and vulnerable...maybe a buyers window of opportunity tomorrow...Anyone got that genuine shares cancelled document yet ?
So where is this post ...I didn’t see it anywhere...Did it come from CCAA..PWC or anyone of importance or material significance ?
A lot of holders sold their shares over the last 8-10 months...I feel bad for them...but we must move forward and wait for this huge pot of gold with all our names on it...
Big Daddy’s takin” care of all the bills now...For good reason...the contracts for future business are in the billions..and those NOL”s will be exhausted within the limitation period..Us shareholders are just chump change considering the window of opportunity before them...
Looks like the KERP is paid ! Next !...CSCS and Co. have sunk the nay sayers time after time..Now it just is plain silly...HOLD HOLD HOLD...and crack the Champagne....
Good point..there were to many incentives to pass up like the NOL”s ” and future contracts worth BILLIONS of dollars..Some of those here are going to miss the boat and learn the hard way...DD from posters..like CSCS,BC, and others has solved the puzzle...it’s all there cut and dried...
I don”t think their going to walk away from the $ 320,000,000 in NOL entitlement credits...doubt they”ll leave it for the sweeper...thinking they would walk from that amount of NOL”s would be a huge miscalculation..
Last Day on the TSX.V ! Over to the TSX Monday morning...Looks like one last day of bargain sp..imo..likely double or more near term...The stock has the same DNA and characteristics asCanopy, Aphria,..when they jumped over to the the TSX...They both spiked to several dollars shortly after..Very exciting times ahead !
GLTA !
So how is it determined how much cash we”ll get per share..Anyone know how this works ? It”s obvious the shares are intact after 9 months and the stays are to pull it together..
The stock will be Halted at some point...who knows when...the shareholders will be rewarded..It will come outta nowhere !
GLTA!
Rest assured..the LCY announcement is coming...holding Long..
I think so...Good Luck..
This must be why the facility won’t ramp up until around April 2019...The transactions are not yet complete...This would have been complete within a few months long ago...CCAC and the DD documentation points to a very positive direction...holding...holding...holding !
Great news today ! Health Canada has approved more rooms..19 now in total..for a 120,000 sq. ft....capacity and more on the way...The TSX exchange transfer should be happening anytime...The shares are going way north like the other LPs did...same pattern over and over...
Holding Long
GLTA ! Who Support Their Investment !
Don”t count on the cancellation of shares documentation being provided...it was a myth and a tale..and very irresponsible and shallow to insist on that theory without the documentation...NO DOCUMENTATION..showing the shares are ca;felled or will be..in the future...Do yourselves a favour...I”m slapping the ASK bright and early Monday..
The Reeaisance Center in Detroit at that time ( 1975 )was pouring cement for days around the clock...might wanna check there..
Waiting...tapping foot...checking watch ..for the share cancellation documents...
I”m at a movie..let me check the bottom of my Cracker Jack box !
The debt has been repaid...it”s in the monitors report..Bio Ambers in good hands now..The facility may have went for 4.3 million but it was contingent to other items as those documents speak of..also the monitor made it very clear this deal wouldn’t create any hardship to stakeholders...it”s crystal clear and it hasn’t..so forward we go....There’s no lucky attached to this matter..all good DD and credible documents presented..I don”t see the document that shares will be cancelled..is it on the way..or in the mail..
So when they have the shareholders meeting..will they address how much money their paying per share ? I was really hoping we could continue to hold our shares and continue trading...I was hoping to sell some for around $ 10- $ 15 dollars but not all of it..That second facility is going to draw billions of $$$ over a short period of time. With all the incredible DD provided by some...great times are near...those documents provided by CSCS..BC..and others are striking ! The evidence is overwhelming ! My wallets ready to SLAP that ASK ! One more time !
GLTA !
PWC has been transparent..they have stated this deal WILL be “ in the best interests of ALL stakeholders”...would cancelling the shares be “in the best interests of ALL stakeholders” including shareholders and institutional investors and creditors...I think NOT...A deal that can be negotiated so all will prosper is likely in the itinerary..just like PWC said...
Hope to take down some shares at a discount...I Hopefully they stall this for a few more months..so I can load the wheelbarrow...I”d hate to be on the outside looking in...A tax loss ...or a Winfall...I”m confident a Winfall upon all the DD.
Where does it say that ? I”ve yet to see that in writing..plz show where.
Does anyone have a rough idea of when that shareholders meeting will be held and also would PWC communicate this good news to us..or who would..Likely take down some more with all this DD documentation being presented..Its certainly positive for us shareholders..