Yep exactly, and dont forget what is good for HVT is good for MMJ, we do have a substantial parcel of these shares, even before the deal of new shares our HVT holding represents 64% of MMJs market cap, so share increase whilst not getting as many shares for the sale, will increase our market cap, again in a position of good both ways, if price stays down we get cheap shares, if it goes up market cap improves substantially. I do however think once it was approved on our end, thats where the price should be calculated from 10 the day avaerage VWAP, but seems like we are waiting on the regulatory red tape over in Canada for the deal to be approved.
Im looking forward to HVT price being a lot higher, possible $1.50 or so within the next 6 months, and then Jason selling out a bit more of our holdings, maybe 20 mill shares, that way we have some more 5 million dollar bullets to fire at new investments, like the medipharm. This will keep us diversified, with anns flowing, and positive sentiment, also not being so heavily tied to the performance of one company.
MMJ Price at posting:
33.0¢ Sentiment: Hold Disclosure: Held