Thursday, March 07, 2019 7:42:09 PM
North Bud Farms Inc. (NBUD)
0.35 ? 0.0 (0.00%)
Volume: 0 @- ET
Bid Ask Day's Range
0.4 0.4 - - -
CNSX:NBUD Detailed Quote
The deal is interesting in that it is quite dependent on the sp going forward and Eureka's performance. Based out at .35. Out of my pay grade to know exactly how dilutive it is. Some comments from another part of the interwebz:
By my math they will pay a max of 1.3x revenue over the next 24 months plus
Pretty Stellar deal for a company this size !
First tranche is a max of a 10% increase in Float size
well structured deal !
Read more at https://stockhouse.com/companies/bullboard?symbol=c.nbud&postid=29458158#9W5Lkw7jxBs1Y7X6.99
If you haven't, check out North Bud Capital and their stable of companies - Eureka fits in nicely.
Cheers!
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