Goodbuddy4863
8 years ago
7:34 am ET February 1, 2017 (Dow Jones) Print
IIROC Trading Halt - MT; SPZ; GTP
Canada NewsWire
VANCOUVER, Feb. 1, 2017
VANCOUVER, Feb. 1, 2017 /CNW/ - The following issues have been halted by IIROC:
Company: Mettrum Health Corp.
TSX-Venture Symbol: MT (all issues)
Reason: At the Request of the Company Pending News
Halt Time (ET): 7:15 AM ET
Company: Spriza Media Inc.
TSX-Venture Symbol: SPZ (all issues)
Reason: At the Request of the Company Pending News
Halt Time (ET): 7:15 AM ET
Company: Colt Resources Inc.
TSX-Venture Symbol: GTP (all issues)
Reason: Pending Clarification of Company Affairs
Halt Time (ET): 7:15 AM ET
john1311
8 years ago
We have noticed customers and investors complaining that there is nothing (so little) for sale in the online stores run by Canopy and Mettrum.
Yet the October crop was huge, the biggest crop yet, and that should be dried, cured, processed and for sale now.
But these complaints suggest that it is not for sale in the quantities that patients / investors expected.
WHY?
Is it that the Germans have demanded a continuance of product (medicines) supply if they allow Canopy to sell to their patients?
Knowing the Germans, I believe they will not tolerate medicines running out for their patients, especially as their insurance will be paying for these medicines.
So is most of that October crop already destined for Germany, where the profit margins are far higher than in Canada?
We will probably not know the answer to this question until the financial figures come out…. that will probably not be until summer or autumn.
Those financial figures will have the potential to shoot the share price of Canopy up to new blue skies.
So can we extrapolate that any person who buys in now, and purchases Canopy shares, this winter / spring, may see a large, and maybe an exponential increase in their wealth?
Goodbuddy4863
8 years ago
Canopy Growth and Mettrum Announce Respective Shareholder Approvals of the Plan of Arrangement
http://www.stockhouse.com/news/press-releases/2017/01/27/canopy-growth-and-mettrum-announce-respective-shareholder-approvals-of-the-plan
SMITHS FALLS and TORONTO, ON, Jan. 27, 2017
SMITHS FALLS and TORONTO, ON, Jan. 27, 2017 /CNW/ - Canopy Growth Corporation ("Canopy Growth") (TSX: CGC) and Mettrum Health Corp. ("Mettrum") (TSX.V: MT) (together, the "Companies") are pleased to announce the successful results of the Special Meetings of Shareholders of Canopy Growth and Mettrum, held in Smiths Falls, Ontario and Toronto, Ontario, respectively, to approve Canopy Growth's acquisition of Mettrum by way of a plan of arrangement (the "Arrangement"), as previously announced by the Companies on December 1, 2016.
Now that the requisite shareholder approvals have been obtained, a final order of the Ontario Superior Court of Justice approving the Arrangement will be sought on January 30, 2017. Provided that the final order is obtained and the satisfaction or waiver of all other conditions specified in the definitive arrangement agreement dated November 30, 2016, as amended, it is expected that the Arrangement will be completed on or about January 31, 2017.
Bye Bye Mettrum on February 1st, 2017.
You have been very good to Me!
Compliments of Tweedlede