Replies to post #197 on Leading Brands, Inc. (LBIX)

[gumbie05]

Has anyone seen the Financials of that "film" company- Liquid? If not, this is a good time to jump ship because if that "film" company is a money losing operation then watch out for toxic lending come into play and the flood gates of dilution happen in a company that has largely managed to stay away from massive dilution. I'm surprised why there was NO mention of the revenues and operations of the Liquid Films?
- SMH

[NewJerichoMan]

Smells like it's going to flat line at $1.50.

From the announced merger:

Existing LBIX shareholders are anticipated to hold 22.637% and Liquid Shareholders are anticipated to hold 77.363% of the post-transaction entity. For these purposes, existing LBIX shares were valued at $1.50 US.

https://finance.yahoo.com/news/leading-brands-inc-lbix-enters-131809249.html