Replies to post #8087 on Liberty Health Sciences Inc. (fka LHSIF)

[tikotiko]

I need to read it in detail so I don’t miss any key details in the fine print. We certainly don’t want to fall into any sort of trap or unfortunate technicality.
Thanks for calling it to our attention.

[DrFunktastic]

This is how I read it as well.

The market not adjusting to .80+ PPS for us is concerning though. One has to wonder why not? What are we missing through our green greed goggles? I think it has to do with the perceived dilutive float that the influx of LHS holders will bring to AYRWF (still have to think about the letters :P)

Just my opinion on the DD I've been working on since this morning.

AYR still seems a question mark to me. Pretty new?

[tikotiko]

I read it and I arrived at the same interpretation and numbers you calculated. I also have the same concerns as Dr. Funtastik, but I think there is decent protection unless AYR stock were to tank, which could be a concern if manipulation occurs. Basically, we come out profitable and steady (no change) if the AYR shares fluctuate between a range from $23.08 to $27.15. It would start looking profitable but worse for us below $23.08, and we would start losing money a bit under $10.

My only question is that they don’t specify what would happen if AYR shares are above $27,15, which is possible. I could not find anything specific about this scenario, so I would assume that the exchange ratio would revert back to the original 0.03683 rate, which would make us a bit more profitable. Hence, we should star cheering for AYR shares going up as much as possible.

Do you agree?