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You need to crunch numbers again for MMJ, page-77

  1. 876 Posts.
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    Still no word from MMJ management to stop this free fall below 40c, i feel 35c-36c is on the cards and unfortunately it will trigger other stop losses along the way...

    Has anyone put an email/call to MMJ with more details on this deal??

    http://www.reuters.com/finance/stocks/HVST.V/key-developments/article/3575558
    Friday, 27 Jan 2017 07:55am EST
    Harvest One Capital Inc : Harvest One announces increase to size of previously announced financing related to acquisition of ACMPR licensed medical cannabis producer United Greeneries... .Harvest One Capital Inc - increased size of private placement from $15 million to $22 million.

    so basically, UG is worth $22million at least if I'm not wrong (correct me please if i am)... and now 49% equity goes to PanCann... effectively $10.7million is the consideration give for all construction upgrades etc and 49% equity in NewCo... ??

    if above is correct it explains the whole drama/shorting... huge sacrifice now for huge rewards by next year IMO but 40% production sharing forever still stings


    DYOR
 
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