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Re: Diogenes of Sinope post# 386

Wednesday, 12/19/2018 3:54:31 PM

Wednesday, December 19, 2018 3:54:31 PM

Post# of 3369
Upon completion of the Transaction, two (2) independent directors of Emblem will be appointed to serve on the board of directors of Aleafia, being Daniel Milliard and Loreto Grimaldi who will replace two (2) directors of Aleafia.

Interesting... Curious as to whom Daniel Milliard and Loreto Grimaldi will be replacing.

The Agreement calls for Emblem shareholders to receive 0.8377 of an Aleafia common share (each whole share, an “Aleafia Share”) in exchange for each Emblem common share (each, an “Emblem Share”), representing the equivalent of $1.21 per Emblem Share and a premium of 27.0% based on the closing prices of Aleafia and Emblem Shares on the TSX Venture Exchange (“TSXV”) on December 18, 2018.


Another point of interest is how many shares will this conversion end up being? As well as pre or post RS assuming that will still go through.

Exciting continued growth here, looking forward to more detailed information.

Best of luck! $ALEAF

Everything I post is honest and fair to the best of my knowledge. Let's make money together! You should never buy or sell a security based only on my opinion. Everything I post is IMO and should be treated as such. Do your own DD. GLTA