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Re: Etailer post# 1300

Tuesday, 01/01/2019 11:00:16 AM

Tuesday, January 01, 2019 11:00:16 AM

Post# of 2026
But 65ft X 65ft = 4200sq ft.....Correct ?

I like converting feet to yards because I've played a lot of golf.

21 yards by 21 yards = the size of their (acquired) distribution facility



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Sunniva acquired a 4,200 square foot (building) proposed distribution facility in Long Beach, CA that is being upgraded to be compliant for cannabis distribution activities




LTYR – Transaction Details


Consideration:
- CAD $156,359 in cash;

- 1,436,949 Sunniva common shares at CAD $3.71 per share; and 718,473 performance warrants that are convertible into Sunniva common shares at CAD$3.71 per share




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Sunniva's paid just


1,436,949sh X 3.71 = $5.4 million dollars aprox.


Or 7.99 million dollars if all performance warrants get exercised



for a 21 yard by 21 yard (what sounds like an empty room) ?....Plus sales force connections, etc.




Hmmmm