Replies to post #1156 on MPX Bioceutical Corp. (MPXEF)

[CornellEngineer]

That's exactly how I was thinking of it. If the 0.1673 exchange rate is indeed a firm number then a person is getting roughly a 10% discount off of iAnthus shares at current prices. IOW, you could buy 100 shares of iAnthus today or buy about 600 shares of MPX as a proxy for less and then receive 100 shares of iAnthus early next year (assuming the deal goes through). Essentially iAnthus stock could drop around 10% from current prices and you'd still break even on your investment at swap time. This doesn't include any MPX International stock which I'm guessing will not be worth a whole lot at first but may appreciate over time if Boyes does a good job of building up the spinoff company like he did the original MPX.

I gotta believe at some point that MPX share price will start mirroring iAnthus and begin to approach 1/6 its value if the merger looks imminent.