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.
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.
I asked before but no one responded. Someone said only those who held shares at the time will be compensated. Is this correct or will everyone holding shares be compensated? Thanks...
What are you expecting in Pacer update?
My next question...I read earlier someone saying that only original shareholders would get the judgement and not new shareholders. Is this correct?
My question is why do those same orders say that there is still mediation on the 15th? If the judge completely ruled for the defendants then there would be absolutely zero reason for mediation, but the document uploaded to pacer clearly shows that they are to report for mediation. So what gives?
That’s what I posted several days ago and everyone blew it off. Everyone said defendants offered no defense, but documents say they have repeatedly waited on plaintiffs to get info in. They can’t offer a defense until plaintiffs actually get their info in. That’s why I asked for some more clarification from someone that knows more about this case as I’m pretty new here. Feel free to go back and check my post.
Sorry, figured it out
sorry not sure what c and a bbt stand for???
Why are we having to file extensions if they didn’t even offer a defense?
https://www.pacermonitor.com/case/34731720/Infinity_Global_Consulting_Group,_Inc_et_al_v_Tilray,_Inc_et_al
It’s all in there, you just have to sign up for a free trial to read.
So the Defendants in the case are asking for it to be dismissed because Plaintiffs are missing deadlines...did I read that correctly? That sounds like either a last ditch effort or possibly bad news if Plaintiffs are failing to meet proper deadlines. Hope someone can shed some light on this.
So explain...that’s why I’m asking. Just trying to figure what might happen if we win the lawsuit and they give full amount at .64 cents PPS. Then what happens? Is the company done or what?
So what dummy is going to buy at that price for a defunct company? If no one then price goes way down and we really didn’t get the PPS from settlement that is promised. I’d prefer just a straight payment per shareholder or shares in Tilray myself.
So if they settle and PPS goes to say .64 cents a share, what’s the move? Sell at that point or hold?
Hey now, I’m still holding! ??
Someone help a newbie out. Why is the ask price now $0.24 cents a share? Does someone know something? Did something happen this weekend or does that just mean everyone has removed sell orders up to that price?
Is it a good thing or bad thing that they have announced a definite merger between Tilray and Aphria? Seems like that takes away a bit of leverage we were hoping for in that they would get internal pressure to settle before the merger.
Thought this was interesting....
Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the board members of Aphria Inc. (NASDAQ: APHA) breached their fiduciary duties or violated the federal securities laws in connection with the company's merger with Tilray, Inc. (NASDAQ: TLRY)
Click here to learn more and participate in the action.
On December 16, 2020, Aphria announced that it had signed an agreement to be acquired by Tilray in an all-stock transaction. Pursuant to the merger agreement, Aphria stockholders will receive 0.8381 shares of Tilray common stock for each share of Aphria common stock owned. The deal is scheduled to close in the second quarter of 2021.
Bragar Eagel & Squire is concerned that Aphria's board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement. Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for Aphria's stockholders.
If you own shares of Aphria and are concerned about the proposed merger, or you are interested in learning more about the investigation or your legal rights and remedies, please contact Melissa Fortunato or Alexandra Raymond by email at investigations@bespc.com or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Too big a gamble to sell and try to buy back lower unless you are a whale. My luck I'd sell all my shares and it would immediately go up and I'd be scrambling. I think I will just hold and wait for settlement.
A couple of questions from a newbie:
1) If they settle for let’s say .64 cents a share, does that just make each share .64 on the exchange?
2) If that’s the case does everyone just start selling and then price drops like crazy?
3) Any chance the company just merges with tilray?
What is guestimate of a max this lawsuit could bring holders?
Who are the decision makers that determine settlement amount if it comes to that?
Just curious why they don’t lock the shares since company is bankrupt. Seems odd that they would allow a bunch of people to buy in now and it dilute the amount of those that actually held shares when it happened. Help me understand.
How is this so cheap? Went from like 70 cents to about 5 cents in no time. Can't figure out why it fell so fast. What's the word on Dati? Good time to accumulate more or steer clear?
How high you think this stock will go? Thinking of loading up on some more shares.