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25/06/18

08:08

Post #: 33917757
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Originally posted by fluffynymph ↑

It's just a joke?

a."the issue of 62,500,000 QBL shares at an issue price of $0.08 per share to raise up to $5,000,000
under a public offer made pursuant to a prospectus;

b. QBL’s costs for re-compliance with Chapters 1 and 2 of the ASX listing rules of $250,000;

c. the issue of 250,000,000 shares in consideration for the Medcan acquisition at a proposed issue
value of $0.049, the price at last close of trading, resulting in a material increase to intangible as
sets and share capital;

d. the issue of 1,195,000,000 shares in consideration for the MCL acquisition, at a proposed issue
value of $0.049, the price at last close of trading, resulting in material changes to the share capital
and reserve accounts; and

e. the issue of 30,612,245 shares to HHC to complete the acquisition of MCL’s 55% interest in HHC,
at a proposed issue value of $0.049, the price at last close of trading, resulting in a material
increase to plant and equipment, intangible assets and share capital accounts.

You're all happy? Ha!

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lol the only metric that people should refer to is the comparative valuation of a fully diluted post acquisition full integrated Cannabis medical and food stock to comparable listed ASX and TSX Cannabis stocks with ODC (and Canadian equivalent) licences. Otherwise you just read a lot of "fluff" on here.

QBL Price at posting: 4.6¢ Sentiment: None Disclosure: Held
19 Upvote

1 Great analysis

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