Replies to post #70233 on Health Sciences Group Inc (HESG)
2010/07/14 0.00010 0.00010 0.00010 0.00010 3,200,000 0.00010
2010/07/13 0.00010 0.00010 0.00010 0.00010 205,000 0.00010
2010/07/12 0.00010 0.00010 0.00010 0.00010 3,300,000 0.00010
2010/07/09 0.00010 0.00010 0.00010 0.00010 550,000 0.00010
2010/07/08 0.00010 0.00010 0.00010 0.00010 1,713,000 0.00010
2010/07/07 0.00010 0.00010 0.00010 0.00010 103,600 0.00010
2010/07/06 0.00010 0.00010 0.00010 0.00010 4,100,000 0.00010
2010/07/05 - 0.00010 - - - -
2010/07/02 0.00010 0.00010 0.00010 0.00010 500,500 0.00010
2010/07/01 0.00010 0.00010 0.00010 0.00010 3,409,998 0.00010
2010/06/30 0.00010 0.00010 0.00010 0.00010 130,000 0.00010
2010/06/29 0.00010 0.00010 0.00010 0.00010 10,305,000 0.00010
2010/06/28 0.00010 0.00010 0.00010 0.00010 - 0.00010
2010/06/25 0.00010 0.00010 0.00010 0.00010 2,615,000 0.00010
2010/06/24 0.00010 0.00010 0.00010 0.00010 450,000 0.00010
2010/06/23 0.00010 0.00010 0.00010 0.00010 6,200,000 0.00010
2010/06/22 0.00010 0.00010 0.00010 0.00010 155,000 0.00010
2010/06/21 0.00010 0.00010 0.00010 0.00010 - 0.00010
2010/06/18 0.00010 0.00010 0.00010 0.00010 11,000,000 0.00010
2010/06/17 0.00010 0.00010 0.00010 0.00010 3,090,000 0.00010
2010/06/16 0.00010 0.00010 0.00010 0.00010 11,000,000 0.00010
2010/06/15 0.00010 0.00010 0.00010 0.00010 36,700,000 0.00010
2010/06/14 0.00010 0.00010 0.00010 0.00010 2,749,999 0.00010
2010/06/11 0.00010 0.00010 0.00010 0.00010 3,349,999 0.00010
2010/06/10 0.00010 0.00010 0.00010 0.00010 - 0.00010
2010/06/09 0.00010 0.00010 0.00010 0.00010 2,250,000 0.00010
2010/06/08 0.00010 0.00010 0.00010 0.00010 2,839,999 0.00010
2010/06/07 0.00010 0.00010 0.00010 0.00010 516,700 0.00010
2010/06/04 0.00010 0.00010 0.00010 0.00010 7,339,999 0.00010
2010/06/03 0.00010 0.00010 0.00010 0.00010 48,273,569 0.00010
2010/06/02 0.00010 0.00010 0.00010 0.00010 19,443,498 0.00010
2010/06/01 0.00010 0.00010 0.00010 0.00010 40,072,250 0.00010
2010/05/31 - 0.00010 0.00010 - - -
2010/05/28 0.00010 0.00010 0.00010 0.00010 29,524,709 0.00010
2010/05/27 0.00010 0.00020 0.00010 0.00010 15,667,479 0.00010
2010/05/26 0.00020 0.00020 0.00010 0.00010 202,293,333 0.00010
2010/05/25 0.00010 0.00020 0.00010 0.00010 120,837,635 0.00010
2010/05/24 0.00010 0.00010 0.00010 0.00010 45,698,920 0.00010
2010/05/21 0.00010 0.00020 0.00010 0.00010 122,467,103 0.00010
2010/05/20 0.00020 0.00020 0.00010 0.00010 17,742,999 0.00010
2010/05/19 0.00010 0.00020 0.00010 0.00020 43,778,127 0.00020
2010/05/18 0.00020 0.00020 0.00010 0.00020 34,660,719 0.00020
2010/05/17 0.00010 0.00020 0.00010 0.00020 32,698,103 0.00020
2010/05/14 0.00010 0.00020 0.00010 0.00020 24,493,386 0.00020
2010/05/13 0.00010 0.00020 0.00010 0.00010 39,583,200 0.00010
2010/05/12 0.00010 0.00020 0.00010 0.00020 36,789,005 0.00020
2010/05/11 0.00020 0.00020 0.00010 0.00020 17,341,500 0.00020
2010/05/10 0.00010 0.00020 0.00010 0.00020 65,458,239 0.00020
2010/05/07 0.00020 0.00020 0.00010 0.00010 39,593,649 0.00010
2010/05/06 0.00020 0.00020 0.00010 0.00010 78,435,388 0.00010
2010/05/05 0.00020 0.00020 0.00010 0.00020 72,023,347 0.00020
2010/05/04 0.00020 0.00020 0.00010 0.00020 71,934,973 0.00020
2010/05/03 0.00010 0.00020 0.00010 0.00020 130,034,256 0.00020
2010/04/30 0.00010 0.00010 0.00010 0.00010 589,718,933 0.00010
2010/04/29 0.00020 0.00020 0.00010 0.00010 1,041,132M 0.00010
2010/04/28 0.00020 0.00020 0.00010 0.00020 27,576,793 0.00020
2010/04/27 0.00020 0.00020 0.00010 0.00010 42,604,855 0.00010
2010/04/26 0.00020 0.00020 0.00010 0.00020 37,531,002 0.00020
2010/04/23 0.00020 0.00020 0.00010 0.00020 1,490,234M 0.00020
2010/04/22 0.00020 0.00020 0.00010 0.00010 25,825,492 0.00010
2010/04/21 0.00020 0.00020 0.00010 0.00020 16,254,300 0.00020
2010/04/20 0.00010 0.00020 0.00010 0.00020 17,860,669 0.00020
2010/07/14 - - - - - -
2010/07/13 - - - - - -
2010/07/12 - - - - - -
2010/07/09 - - - - - -
2010/07/08 - - - - - -
2010/07/07 - - - - - -
2010/07/06 - - - - - -
2010/07/05 - - - - - -
2010/07/02 - - - - - -
2010/07/01 - - - - - -
2010/06/30 - - - - - -
2010/06/29 - - - - - -
2010/06/28 - - - - - -
2010/06/25 - - - - - -
2010/06/24 - - - - - -
2010/06/23 - - - - - -
2010/06/22 - - - - - -
2010/06/21 - - - - - -
2010/06/18 0.0010 0.0010 0.0010 0.0010 1,000 0.0010
2010/06/17 - - - - - -
2010/06/16 - - - - - -
2010/06/15 - - - - - -
2010/06/14 - - - - - -
2010/06/11 - - - - - -
2010/06/10 - - - - - -
2010/06/09 - - - - - -
2010/06/08 - - - - - -
2010/06/07 - - - - - -
2010/06/04 - - - - - -
2010/06/03 - - - - - -
2010/06/02 - - - - - -
2010/06/01 - - - - - -
2010/05/31 - - - - - -
2010/05/28 - - - - - -
2010/05/27 - - - - - -
2010/05/26 - - - - - -
2010/05/25 - - - - - -
2010/05/24 - - - - - -
2010/05/21 - - - - - -
2010/05/20 - - - - - -
2010/05/19 - - - - - -
2010/05/18 - - - - - -
2010/05/17 - - - - - -
2010/05/14 - - - - - -
2010/05/13 - - - - - -
2010/05/12 - - - - - -
2010/05/11 - - - - - -
2010/05/10 - - - - - -
2010/05/07 - - - - - -
2010/05/06 - - - - - -
2010/05/05 - - - - - -
2010/05/04 - - - - - -
2010/05/03 - - - - - -
2010/04/30 - - - - - -
2010/04/29 - - - - - -
2010/04/28 - - - - - -
2010/04/27 - - - - - -
2010/04/26 - - - - - -
2010/04/23 - - - - - -
2010/04/22 - - - - - -
2010/04/21 - - - - - -
2010/04/20 0.050 0.050 0.050 0.050 4,000 0.050
2010/07/14 0.0033 0.0033 0.0033 0.0033 35,000 0.0033
2010/07/13 0.0033 0.0035 0.0033 0.0033 145,700 0.0033
2010/07/12 0.0037 0.0037 0.0035 0.0035 53,410 0.0035
2010/07/09 0.0035 0.0035 0.0033 0.0035 901,960 0.0035
2010/07/08 0.0039 0.0039 0.0030 0.0037 1,016,023 0.0037
2010/07/07 0.0035 0.0039 0.0031 0.0031 302,221 0.0031
2010/07/06 0.0040 0.0040 0.0040 0.0040 139,999 0.0040
2010/07/05 - 0.0040 0.0040 - - -
2010/07/02 0.0040 0.0040 0.0040 0.0040 585,000 0.0040
2010/07/01 0.0040 0.0040 0.0040 0.0040 200,000 0.0040
2010/06/30 0.0040 0.0040 0.0031 0.0040 1,370,000 0.0040
2010/06/29 0.0045 0.0045 0.0045 0.0045 646,000 0.0045
2010/06/28 0.0045 0.0045 0.0040 0.0040 121,350 0.0040
2010/06/25 0.0040 0.0045 0.0040 0.0045 96,000 0.0045
2010/06/24 0.0045 0.0045 0.0040 0.0045 2,623,555 0.0045
2010/06/23 0.0060 0.0060 0.0039 0.0045 2,488,193 0.0045
2010/06/22 0.0060 0.0060 0.0055 0.0055 193,089 0.0055
2010/06/21 0.0060 0.0060 0.0060 0.0060 5,000 0.0060
2010/06/18 0.0065 0.0065 0.0065 0.0065 142,998 0.0065
2010/06/17 0.0066 0.0066 0.0065 0.0065 116,500 0.0065
2010/06/16 0.0067 0.0067 0.0056 0.0065 1,300,183 0.0065
2010/06/15 0.0066 0.0079 0.0050 0.0065 1,729,822 0.0065
2010/06/14 0.0090 0.0090 0.0060 0.0060 1,853,553 0.0060
2010/06/11 0.0070 0.010 0.0070 0.0090 255,611 0.0090
2010/06/10 0.0065 0.0070 0.0065 0.0070 408,714 0.0070
2010/06/09 0.0061 0.0085 0.0060 0.0075 2,765,335 0.0075
2010/06/08 0.0090 0.0090 0.0060 0.0060 2,444,168 0.0060
2010/06/07 0.010 0.010 0.0072 0.0074 3,649,136 0.0074
2010/06/04 0.010 0.010 0.0089 0.0095 566,659 0.0095
2010/06/03 0.010 0.010 0.0090 0.0090 6,569,414 0.0090
2010/06/02 0.010 0.012 0.0097 0.010 3,545,120 0.010
2010/06/01 0.014 0.014 0.0090 0.0099 10,375,866 0.0099
2010/05/31 - 0.019 0.011 - - -
2010/05/28 0.019 0.019 0.011 0.014 4,027,750 0.014
2010/05/27 0.018 0.020 0.013 0.015 1,809,923 0.015
2010/05/26 0.019 0.023 0.016 0.016 3,958,882 0.016
2010/05/25 0.032 0.032 0.016 0.019 5,204,070 0.019
2010/05/24 0.045 0.045 0.030 0.032 2,895,716 0.032
2010/05/21 0.035 0.049 0.030 0.040 708,230 0.040
2010/05/20 0.019 0.035 0.019 0.035 779,019 0.035
2010/05/19 0.024 0.026 0.020 0.026 580,278 0.026
2010/05/18 0.024 0.038 0.020 0.024 1,504,302 0.024
2010/05/17 0.025 0.025 0.017 0.020 905,288 0.020
2010/05/14 0.040 0.040 0.020 0.020 1,381,149 0.020
2010/05/13 0.040 0.040 0.035 0.040 595,045 0.040
2010/05/12 0.060 0.060 0.039 0.040 899,315 0.040
2010/05/11 0.089 0.089 0.040 0.050 1,328,139 0.050
2010/05/10 0.086 0.10 0.070 0.070 1,103,070 0.070
2010/05/07 0.085 0.090 0.085 0.090 20,500 0.090
2010/05/06 0.088 0.088 0.080 0.080 26,900 0.080
2010/05/05 0.090 0.090 0.080 0.089 12,290 0.089
2010/05/04 0.080 0.090 0.080 0.090 60,450 0.090
2010/05/03 0.090 0.090 0.090 0.090 15,000 0.090
2010/04/30 0.10 0.10 0.090 0.090 17,566 0.090
2010/04/29 0.10 0.10 0.10 0.10 4,900 0.10
2010/04/28 0.095 0.095 0.080 0.080 17,588 0.080
2010/04/27 0.095 0.095 0.090 0.095 20,400 0.095
2010/04/26 0.070 0.11 0.070 0.10 42,525 0.10
2010/04/23 0.080 0.11 0.080 0.11 10,000 0.11
2010/04/22 0.11 0.11 0.11 0.11 3,200 0.11
2010/04/21 0.080 0.11 0.080 0.11 3,400 0.11
2010/04/20 0.14 0.14 0.090 0.090 56,861 0.090
International Merchant Advisors, Inc. (PK: IMAI) www.imaiinc.com announced today that the company has reached an agreement in principal to acquire its first operating business in the clinical medical marijuana space. IMAI has agreed to acquire Organic Science, Inc. for $15 million in the restricted common stock of IMAI. Organic Science, Inc. is in the business of managing medical marijuana operations and dispensaries. The purchase price is subject to the completion of a valuation opinion by an independent third party and may be adjusted upward or downward based on the valuation received. IMAI intends to simultaneously pursue further acquisitions and licensing and development in a number of states where medical marijuana is legalized, and is allowed to be operated on a "non-profit and for profit" basis. These include California, Montana, Colorado, and New Mexico, among other opportunities currently being pursued.
John W. Flinn, President and CEO of Organic Science, Inc. said, "We are excited to become part of the publicly traded International Merchant Advisors, and look forward to accelerating our expansion program and current operations with them as our financial and business partner."
2. Consideration From Acquiring Corp. after Closing . As full payment for the transfer of the Assets to Acquiring Corp. at
the Closing (the “Purchase Price” ), Parent agrees to issue to Company, after the Closing, shares of common stock of Parent calculated in
accordance with the formulas set forth below and pursuant to the terms and conditions set forth on Schedule 2(a) attached to this Agreement
(collectively, the “ Purchase Price Shares ”):
2.1 For the twelve month period ending December 31, 2008, the number of Purchase Price Shares equivalent to nine (9) times the audited Earnings Before Interest, Taxes, Depreciation and Amortization (“ EBITDA ”) or one (1) times the audited gross revenues of Acquiring Corp., whichever is greater, divided by the average Volume Weighted Average Price (“ VWAP ”) for the common stock of Parent during the twenty (20) trading days preceding December 31, 2008,;
2.2 For the twelve month period ending December 31, 2009, the number of Purchase Price Shares equivalent to seven (7) times the audited EBITDA or eight-tenths (0.8) times audited gross revenues of Acquiring Corp., whichever is greater, divided by the average VWAP for the common stock of Parent during the twenty (20) trading days preceding December 31, 2009; and
2.3 For the twelve month period ending December 31, 2010, the number of Purchase Price Shares equivalent to five (5) times the audited EBITDA or six-tenths (0.6) times audited gross revenues of Acquiring Corp., whichever is greater, divided by the average VWAP for the common stock of Parent during the twenty (20) trading days preceding December 31, 2010,. The period commencing on January 1, 2008 and ending on December 31, 2010 shall be referred to herein as the “ Earn-Out Period ”. The Purchase Price Shares shall be issued within ten (10) calendar days of the date on which the Parent’s independent auditor completes its audit report on Acquiring Corp.’s financial statements for the applicable period. Parent hereby grants to Company the common stock registration rights with respect to the Purchase Price Shares as set forth in Annex I attached hereto, which is incorporated into this Agreement and made a part hereof.
2.4 In the event that Parent enters into a transaction or series of transactions during the Earnout Period that results in or would result in a change of control for Parent through a merger, consolidation or a sale or transfer of a majority of the assets of Parent to a third party Parent’s obligations under this Agreement shall be assumed by its successor in interest or the survivor in such change of control transaction, as the case may be, and, the Parties agree to equitably adjust the provisions of Section 2 or 18 of this Agreement, if necessary as a result of the change of control transaction, in order to ensure that Company receives consideration that is as nearly equivalent as is practicable (in terms of value and that is at least as marketable) to what would have been received by Company under this Agreement had Parent not undertaken the
change of control transaction.
| Volume | |
| Day Range: | |
| Bid Price | |
| Ask Price | |
| Last Trade Time: |