MPX Bioceutical Corp (MPXEF)

[Emerald77]

MPXEF - Isn't dilution through June 50 cents notes a concern here in short term? Thoughts?

October 11, 2017 the Corporation, through its wholly-owned subsidiary, CGX Life Sciences Inc., entered into a definitive purchase agreement effective November 30, 2017 (the “NV Purchase Agreement”) to acquire 99% of the membership units of GreenMart of Nevada NLV, LLC (“GreenMart NV”). On December 7, 2017, completed the acquisition of GreenMart NV (“the Acquisition of GreenMart NV”) by paying the purchase price of $19,966,253 (USD $15,492,127) was satisfied by the issuance of (i) a $12,243,600 (USD $9,500,000) non-interest bearing promissory note, payable in full on or before June 30, 2018; (ii) 14,103,732 common shares in the capital of the Corporation (the “MPX Shares”), priced at $0.50 valued at $7,051,866 (USD $5,471,653) at November 30, 2017; and (iii) 3,525,934 common share purchase warrants to acquire MPX Shares, priced at $0.1902 (USD $0.1476