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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (170017)	3/30/2021 6:48:19 AM
From: Julius Wong	Read Replies (1) \| Respond to of 218918

Top Marijuana Stocks for April 2021 investopedia.com

To: TobagoJack who wrote (170017)	6/22/2021 6:29:37 PM
From: Lazarus	1 Recommendation Recommended By bull_dozer Read Replies (1) \| Respond to of 218918

Where to start??? Look at the financial condition of GW before the buyout--> ____________ FINANCIAL RESULTS Total revenue for the quarter ended December 31, 2020 was $148.2 million compared to $109.1 million for the quarter ended December 31, 2019.Total revenue for the full-year 2020 was $527.2 million, a 69 percent increase compared to $311.3 million for the prior year period.Net loss for the quarter ended December 31, 2020 was $29.1 million compared to net loss of $24.9 million for the quarter ended December 31, 2019.Cash and cash equivalents at December 31, 2020 were $486.8 million. The also had ----> 14 patents listed in Orange Book, 13 of which expire in 2035 Source ______________________ Please pay attention to these #'s Jazz paid 7.6 Billion for GW and note --> The companies advised that the offer price represents about a 50% premium over GW’s $146.25 closing stock price on February 2, 2021. So prior to the buyout the the market cap of GW was around 5 billion This means GW buyout price was ~ 9.5X sales ___________________________________________ AT $3.00 per share ABTI has a market cap of ~ $2,262,840,000 NEARLY HALF OF WHAT GW HAD PRIOR TO BUYOUT Since ABTI had essentially nothing to speak of in the last Q and K to speak of... it appears all hopes are focused on the following: ( from the form 10K) On May 24, 2021, we and the shareholders of ABTI Pharma memorialized a new closing date in an amendment to the Agreement (the “Amendment”). We have already issued the 600,000,000 shares in anticipation of the closing and the transaction closed on May 26, 2021, upon the filing of our December 31, 2020 quarterly report on Form 10-Q with the Securities and Exchange Commission. Pursuant to the Agreement, from the date of execution, the Company will provide funding to ABTI Pharma to pay for operating expenses including salaries, office expenses and additional expenses or projects in the amount of US$500,000 within fifteen (15) days from closing the Agreement and shall fund an additional US $200,000 every 30 days thereafter until a total funding of US $1,100,000 has been delivered. The Company expects that these funds will be available in the coming weeks, but may exceed the 15 day deadline before this is available to the Company. Further under the Agreement, Alterola will endeavor to raise a total of at least $50,000,000 with $45,000,000 in net proceeds and Alterola will arrange an underwriting commitment of the first ($25,000,000 USD) to be funded at a price of not less than $1.00 per share within 45 days of execution of the closing of the Agreement. The Company also expects that these funds will be available in the future, but may exceed the 45 day deadline before this is available to the Company. As part of the Agreement, Amsterdam Café Holdings Limited cancelled and returned to us 200,000,000 shares it holds and we issued Bulls Run Investments Limited 19,100,000 shares of common stock. Another 2,000,000 shares were also issued for services rendered. _______________________________________________________________________________ So far be it from me to say it wont go because anything is possible. I currently have this on my reading list: Extraordinary Popular Delusions and The Madness of Crowds But there is a lot to be concerned about (imo) in those above paragraphs. They dont have any money They are going to do an underwriting -- what will the shares be price at (will buyers of those shares be able to purchase at a discount to market as is generally the case?) They are paying millions of shares out for services. Do you have any clue what Bulls Run Investments Limited does to make then worthy of 19,100,000 - or nearly $60 million dollars worth of stock? ______________________________________ I wish you good luck --- but this looks REALLY FUGGING SKETCHY TO ME.