If nothing else, there is the perception that CHRI will pay above the current market price for HBRM, which therefore creates an arbitrage opportunity and/or a way to get into CHRI "on the cheap". That will disappear when the deal is finally completed or if it is cancelled--either way.
as the basis. if they go through it wont be less then the penny standard. If HBRM has been diluting then thats another story. a nice update would serve both companies well. If they have been diluting you look at a reverse merger situation which HBRM literally becomes worthless. Integrity wins here at a penny but no less really, and CHRI is a 10 cent stock minimum
So, you think the buyout will be where the PPS is now or lower? That doesn't make sense. Nothing personal. CHRI will benefit in a few ways from this deal that make it worth more than that to them. How much more, I don't know. They pick up the current products as well as the new Vodka products and sell them in China. They gain access to the U.S. market as well as Europe with the Vodka deal. They also gain credibility in the world of penny stocks from China. A lot for them to gain. They won't pay that premium on the next acquisition they speak of. IMHO
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