Liberty Health Sciences Inc. (fka LHSIF)

[tikotiko]

I read it and I arrived at the same interpretation and numbers you calculated. I also have the same concerns as Dr. Funtastik, but I think there is decent protection unless AYR stock were to tank, which could be a concern if manipulation occurs. Basically, we come out profitable and steady (no change) if the AYR shares fluctuate between a range from $23.08 to $27.15. It would start looking profitable but worse for us below $23.08, and we would start losing money a bit under $10.

My only question is that they don’t specify what would happen if AYR shares are above $27,15, which is possible. I could not find anything specific about this scenario, so I would assume that the exchange ratio would revert back to the original 0.03683 rate, which would make us a bit more profitable. Hence, we should star cheering for AYR shares going up as much as possible.

Do you agree?