If the shares were priced at 50c CAD and we purchased 5m for CAD2.5m, it follows that the 3 year warrants @65c were free, (as were the additional 2020 warrants).
The cash balance clearly reveals that MMJ kept selling investments post the recent announcement.The secrecy surrounding the sales activity defies belief. They had ample funds available to do vape deal, so why liquidate more investments. Maybe the answer ls to be found in the structure of the negotiated management deal!
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