North American Cannabis Holdings Inc (USMJ)

[BeamMeUpScotty]

Algae Planet Reverse Merger into NVAE Closed Filings Due

http://www.alliance-ventures.net/wp/algae-international-group-inc/

Updated Filings Which Will Be Posted on OTC Markets

http://www.philipverges.com/savanna-updated-financial-report

5th November Press Release from Algae International - announcing Merger

http://news.yahoo.com/regus-advisors-announces-reverse-merger-savanna-east-africa-133620789.html

Algare Planet Five Year Profit Forecasts:

http://www.alliance-ventures.net/wp/wp-content/uploads/2012/07/AIGI-ExecSum-55M-ISO_2.pdf

My Calculation of Conversion Ratio.

This is based on the simple assumption that the note holders settled for half of what they are owed. So, instead of $3m converted into AIGI shares, only $1.5m is converted, plus the issued and outstanding.

OK, I think, in that case I might have worked it out.

If 900m shares ='s $1.5m divide that by $5.50 = 272,727 - this figures comes from the note holders, settling for half of what they are owed and the share price of AIGI shares being fixed at $5.50.

Ok, that makes the conversion ratio (900m divided by 272, 727) which is 3300.

Not bad, not bad at all. So, in that case, it makes the issued and outstanding shares of 316,337, 278 divided by 3300 = 95,859 shares to be issued to that class of share holders.

How do I know this .... well the share price is set in stone.

AIGI have had a private offering of shares to private investors at $5.50, so the nominal value of any shares issued to NVAE holders has to be the same.

Ok, so then we add 272, 727 and 95, 859 which equals 368, 586 then multiplied by $5.50 equals $2, 027, 223. That seems to be what the cost of the merger is compared to figures of $5m I've seen discussed on the board for a floatation of a company issuing $55m in stock.

I think that's all quite possible. As we have the figure for the note holders, what their debt was valued at, what part of it was converted to shares, and we know that the share price of AIGI is fixed as they've had the offer at that price - $5.50.

So, someone who bought 10m shares at 0.0001 would get 3030 shares in AIGI if they hold all the way till conversion. Those shares would then be worth $16, 665 and all that from a $1000 investment - looks like a 16 bagger to me if you hold all the way up to conversion, just on that figure.

Go through the math and decide for yourself folks.

Sorry, that was my aha moment for today.... don't kill me if I'm wrong though .... but due to those things stated above about the note holders, it seems the most logical course of events to me. That's my opinion. Best decide for yourself.