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Re: NorthTrail post# 738

Tuesday, 10/10/2017 12:22:59 AM

Tuesday, October 10, 2017 12:22:59 AM

Post# of 1371
Perhaps, but that edibles announcement was only just made. It seems to me that this postponment is hinged on something earlier. They are waiting for something, just cant figure out what.

I know I keep saying this, but I think its related to an undisclosed acquisition arrangment. From MJ biopharma's perspective it would make sense to agree to a major drop in shares if it means Vinergy is able to acquire a seperate entity who's value would compensate/overcompensate for the share cut.

You also need to keep the privatley placed shares in mind; more shares to MJ means dilution. Its a balancing act.
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