CNBX Pharmaceuticals Inc (CNBX)

[jim992]

Possible Buyout PPS Price Structure: If a buyout takes place, the purchaser will probably purchase Cannabics with stock of their own company, and probably do something along the lines of giving 1 share of their stock for every 2 shares of CNBX.

Merck (MRK), for example, closed today at a little over $ 63 a share. So dividing that in half with the 2 shares of CNBX for each 1 share of MRK would make CNBX worth a little over $ 30 a share had the buyout happened today with MRK as the buyer.

We can guess who the buyer will be, but based on what that company is worth and what the stock trade structure is will determine what we are worth when bought out.