INTL CANNABRANDS INC. Forum: Community User: Calli

Das bedeutet was genau??

Ja ausgesetzt. Dann kam die Meldung. Davor würde gehandelt mit einem Kursplus bis zu ca 3% und ca. 200.000 STK.

DAS/ DIE FOLGENDE(N) INSTRUMENT(E) IST/ SIND AB SOFORT AUSGESETZT: THE FOLLOWING INSTRUMENT(S) IS/ ARE SUSPENDED WITH IMMEDIATE EFFECT: INSTRUMENT NAME KUERZEL/SHORTCODE ISIN BIS/UNTIL INTL CANNABRANDS INC. 31G CA4592211078 BAW/UFN

Die Aktie wurde ausgesetzt??

Kann es auch nicht einordnen

Ich verstehs nicht ganz!

Hmmm wie seht ihr es?

Calgary, Alberta (FSCwire) - International Cannabrands Inc. (CSE:JUJU.A; FSE:31G; US OTC:GEATF) (the “Company”) is pleased to announce that it has entered into a letter of intent (the "LOI") with Bryce Berryessa and Eric Hara to acquire a controlling interest in La Vida Verde, Inc., a company existing under the laws of the State of California ("LVV"). The LOI outlines the general terms and conditions pursuant to which Mr. Berryessa and Mr. Hara (the “Sellers”) would be willing to complete a transaction that would result in the Company: (a) acquiring 51% of LVV, (b) providing US$2 million of expansion capital to LVV, and (c) having an option to acquire the remaining 49% of LVV based on agreed upon formula. The Sellers will continue to be employed by LVV and will continue to operate and manage the business. In addition to LVV’s current products, LVV will be responsible for distribution of the Company’s JuJu Roya™ product lines in California.   Eric Hara, CEO of LVV, is a former chef and restaurant operator for several critically acclaimed restaurants in New York City. He earned the prestigious Five Star Diamond Award in 2010, and was ranked one of the top chefs in the world. He is a food industry expert in product formulation and emerging food trends, with such products as Wonderfully Raw (now Sejoya), a line of organic snack foods including Cocoroons, that is widely distributed in over 3,000 stores in the United States, including Costco and Whole Foods.   Bryce Berryessa, President of LVV is a renowned expert in sustainable cannabis cultivation and extraction methods and has been at the forefront of the technology since 2011.  He currently is a Board member of the California Growers Association (representing Santa Cruz and Monterey County), Board member of the California Manufacturers Association and a Board member of the California Cannabis Industry Association. He has co-founded award winning brands – Hashman Infused and Waxman Concentrates and is founder and CEO of a Santa Cruz based dispensary the TreeHouse.   The transaction is at arms’ length and will be structured following a review of all relevant legal, regulatory and tax matters (the "Transaction"). The Sellers have agreed to negotiate exclusively with the Company for a period of 60 days. The LOI contemplates the Company and LVV entering into a definitive agreement (the "Definitive Agreement") on or before May 16, 2018, and to complete the Transaction within approximately 75 days (or such other dates as may be agreed to by the parties).   The aggregate acquisition cost to the Company, including the expansion capital, is US$8,500,000 and includes the issuance of 17,500,000 of voting shares of the Company at a deemed price of US$0.20. The shares will be subject to a lock-up whereby the Sellers will only be permitted to sell 50% of their shares in calendar 2019 and 50% in calendar 2020.   The option to sell/purchase the remaining 49% of LVV is expected to be structured as both a put option by the Sellers and a call option by the Company, on a EBITDA based formula determined in 2021 following preparation of audited financial statements of LVV and may be paid through the issuance of voting shares of the Company or voting shares of the Company and 20% in cash.    The Transaction is subject to a number of material conditions, including the following:   the Company completing a financing to raise approximately Cdn$5 to $10 million;   completion of due diligence investigations to the satisfaction of each of the Company and the Sellers;   LVV obtaining appropriate licenses for the manufacturing and distribution of cannabis for the State of California; and   the Sellers providing audited financial statements for LVV’s most recently completed financial year and unaudited financial statements for its most recent quarter.   The Transaction is also subject to requisite regulatory approvals and standard closing conditions, including the approval of the directors of each of the Company and LVV of the Definitive Agreement and. The legal structure for the Transaction will be confirmed after the parties have considered all applicable tax, securities law and accounting efficiencies.   The Company is incorporated under the provisions of the Business Corporations Act (Alberta) with its registered office in Calgary, Alberta and its head office in Denver, Colorado. The Company is a "reporting issuer" in the provinces of British Columbia, Alberta and Ontario.

Kanns einer in etwa erklären!

Www.finanznachrichten.de

Ist der Handel auf tradegate nicht offen? Wo steht das mit dem Deal?

Ich meine in can wird gehandelt

Ja positiv, aber in canda wird die bereits wieder gehandelt oder? Kurs auf 12% gesunken

wir hoffen es, naja unsere EKs bringt der Deal vorerst nicht zurück...

Oh hatte schon schlimmeres befürchtet.... Aber so ist es eher positiv zu werten... Oder?

Oder die app canada Stock quote