Hoopsville, Thanks much for your post. Just speaking historically, that is what I had been thinking.
If you look at the two stocks...they have been trading in that ratio range for quite a while.
What actually prompted my post was that comparatively speaking CDCH seemed to be on sale. With MDMN trading over 2 cents per share ....I expected to see CDCH trade comparatively higher as well.
IF/WHEN the JV is completed it will be interesting to watch how the two companies trade. From the greater number of posts on IHUB it seems like MDMN has a greater following than CDCH...even though CDCH has a few more boardmarks.
Since I've posted my question...CDCH has traded a bit higher.