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12yearplan

03/07/19 7:42 PM

#20 RE: intimidator #19

Good Luck!. Still odd trading on the otc, I expect it to improve soon. Nextdoor on the CSE a week of record setting volume. Has traded well since IPO Sept 2018. Watching the bid ask for two halted days grow steadily to $.40 Cdn with above avg amount of people lined up to get in the pool.

North Bud Farms Inc. (NBUD)
0.35 ? 0.0 (0.00%)
Volume: 0 @- ET
Bid Ask Day's Range
0.4 0.4 - - -
CNSX:NBUD Detailed Quote

The deal is interesting in that it is quite dependent on the sp going forward and Eureka's performance. Based out at .35. Out of my pay grade to know exactly how dilutive it is. Some comments from another part of the interwebz:

By my math they will pay a max of 1.3x revenue over the next 24 months plus

Pretty Stellar deal for a company this size !

First tranche is a max of a 10% increase in Float size

well structured deal !

Read more at https://stockhouse.com/companies/bullboard?symbol=c.nbud&postid=29458158#9W5Lkw7jxBs1Y7X6.99

If you haven't, check out North Bud Capital and their stable of companies - Eureka fits in nicely.

Cheers!