Funny timing by the ASX to query the cash position/outflows etc...

Funny timing by the ASX to query the cash position/outflows etc of CMY after already knowing the company just raised $3.01 million in cash with $1.1 million already in the bank.

Maybe snooping around to see what the go is with this deal?

The negotiations/deal don't appear to have stalled with the positive meeting reiterated, along with the subsidiary CCL.

The last part may tell the story of what the process is going to look like when the BCC deal is done.

'CMY will remain unaffected by any Medicinal cannabis transaction consideration'

We know that CCL is going to be seperate from CMY - so how will this work? There's two options: http://www.shortpress.com.au/the-pros-and-cons-of-backdoor-listings-on-asx

Either IPO or RTO.

RTO is the hot trend ATM and with one of the directors having done one with TPP in the past this could be a possibility. If you read the article, it states that the minimum price of an RTO is 2c. Starts to add up now doesn't it? Considering we are first & foremost CMY holders.

I doubt an IPO would be done as the minimum price is 20c (obviously for less shares on offer) which may make the process a lot harder to deal with.

The fact that the BCC negotiations have been stated once more in an ASX announcement with a very positive light after this email saga goes to show the intent behind some posters on here. The directors would have the book thrown at them if they were to lie to the ASX if the negotiations were otherwise.