You are looking at what happened AFTER the qualifying transaction and EMC started trading at $3.00 . Now here is a look at what the capital pool company was trading at prior to the halt for the news of EMC reverse takeover.....
The Companies Saber was incorporated under the BCBCA on February 25, 2008. Saber completed its initial public offering of the Saber Common Shares on July 4, 2011 and on July 6, 2011, Saber began trading the Saber Common Shares on the TSXV as a CPC as defined in the CPC Policy. The Saber Common Shares are currently listed on the NEX board of the TSXV under the symbol “SAB.H”. The closing price of the Saber Common Shares on April 8, 2016, the last day upon which trading of the Saber Common Shares occurred prior to the halt of such shares in connection with the announcement of the Transaction, was $0.07. The head office and principal address of Saber is located at 67 East 5th Avenue, Vancouver, British Columbia, V5T 1G7. Saber’s registered and records office is located at 1055 West Georgia Street, Vancouver, British Columbia, V6E 3P3. For additional information, see “Part I- Information Concerning Saber”. Newco was incorporated under the CBCA on August 9, 2016 as a wholly owned subsidiary of Saber, for the sole purpose of effecting the Amalgamation. Newco’s registered and records office is located at 1055 4 West Georgia Street, Vancouver, British Columbia, V6E 3P3. See “Part II: Information Concerning Emblem – The Transaction – Principal Steps of the Transaction”. Emblem was incorporated under the CBCA on October 8, 2014 under the name KindCann Holdings Limited. The corporation changed its name to “Emblem Corp.” on September 1, 2016. Emblem owns all of the shares of ECC, which was incorporated under the CBCA on August 26, 2013 and is the operating entity that holds the ACMPR License.
So after the transaction to become EMC Sabre Capital went from .07 cents a share to $3.00 per share or a 4300% increase in share value. That is the type of possible return here and with Rifici and his connections in the pot world dont count out that happening with BUZ.P . You can only get those types of returns if you are in before they halt for the reverse takeover after that it becomes a woulda coulda shoulda deal and there is no profit in those type deals.
Actually Sabre had to do a 1 for 4 rollback as part of the reverse T/O so shares would have been .28 cents so just a 1100% return. |
