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Hunterdog

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Re: Prickly pete post# 14075

Wednesday, 12/29/2021 4:29:57 AM

Wednesday, December 29, 2021 4:29:57 AM

Post# of 14223
Yes. It is an all stock deal which of course means that P13 will be issuing new shares in order to make the deal. One way to look at it however is that while on one hand there is dilution in the form of new shares, on the other side of the ledger there is now a hugely profitable cannabis grow facility and real estate in their hip pocket.

If P13 were issuing shares solely to fund ongoing operations (like ACB has done repeatedly) it would be one thing. But think of it more as taking out a loan in order to buy a house. They are acquiring real, hard assets in exchange for the shares.
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