By listing MCL this would dilute the demand for QBL shares based on MCL business activities and revenue. With MCL growth and branding no new investors will understand what QBL is. The added confusion will be when new investors who want to invest in the Hemp food industry, who will they invest in QBL or MCL?
It seems illogical to go down that path and I don't understand what the benefit to QBL holders would be?
Being a lay man, i can only assume that going down the MCL IPO path would benefit somebody. I don't know how exactly..
QBL Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held