Golden Leaf shareholders deserve full compensation on the conversion rate if and when the merger closes. And since the LOI is non binding that is sure to happen.
The final conversion calculation should occur immediately before closing the merger, whether that raises or lowers the final rate.
That is only fair to all shareholders in both companies.
My best guess on this deal actually closing is around 75%, and at LEAST 3 months down the road
I agree, GLDFF should drive a hard bargain in negotiations to obtain a much better deal and more control of operations/management. Otherwise, no deal. The reactions here suggest that TRTC is desperate for the merger, while GLDFF is not so it can negotiate better conditions.
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