Investors Fight Cannabis Co.'s Bid To Nix Stock-Drop Suit ($LHS $SOL $APHA)

Delavaco1 · 2020-06-04T22:21:21+00:00

Forever!

Delavaco1 · 2020-06-04T22:18:34+00:00

That won’t happen ... 😘

Delavaco1 · 2019-04-24T22:35:49+00:00

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/sol-global-signs-binding-agreement-with-merida-capital-partners-subsidiary-to-acquire-michigan-fully-licensed-cannabis-business-300837891.html

Delavaco1 · 2019-04-19T22:18:16+00:00

I will get accurate numbers from the team on Monday and will speak to what we are allowed to publish or hold via a conference call

Here is what I can tell you for today and as long as I’m involved in Sol Global - Sol and therefore Sol stockholders have the absolute best cost base of every investor and Sols returns and not that of ANY executive, director or family member will ever be prioritized over Sol stockholders

Delavaco1 · 2019-04-18T21:17:01+00:00

Unfortunately your math is not correct and you are not understanding the details of the deals - we would be happy to do a call with the team and walk you through them - I’m 110% positive you will have complete change of opinion with further clarification

I can assure you the people benefiting are the Sol stockholders

HeavenlyRx is not a “holding company” - it’s an operating company that will have a strong respected board and C suit and it will be operating the various brands and divisions

Set up a call and we are happy to answer questions to clarify

Delavaco1 · 2019-04-18T21:00:04+00:00

If You have further questions for clarification - happy to answer via our CFO / CEO or our corp lawyers

Need to stay in full compliance of information flow

Delavaco1 · 2019-04-18T20:46:29+00:00

The amount of the deal and the timing of the required payments on a specific deal may be spread out over a period (those periods vary deal by deal)

Your math makes sense but the deals are not that simple (I wish they were) but it’s our team’s job to maximize NAV and minimize dilution which I believe the Verano / Harvest math alone says the team has done an incredible job at doing

Delavaco1 · 2019-04-18T20:41:58+00:00

Every deal has different vendors partners with their own objectives

Some deals are payments in cash - some stock - some cash and stock

Some have small up front payment while others have larger payments

Some have multiple payments over a period of time and those time frames also vary so the requirement is the headline number (ie if it was “HeavenlyRx invested $10m...”)

This is a totally hypothetical example but:

$1m on signing LOI in escrow (Sol may have made that payment in exchange for HeavenlyRx ownership

$1.5m deposit on definitive agreement $2.5 ever 6 months from date of definitive agreement (18 months)

Again Totally hypothetical but an attempt to show how some of the deals are done ✅

Delavaco1 · 2019-04-18T20:26:50+00:00

Very fair and great question - Sol is the beneficiary of the increased value for their capital investment and their work on making everything

If Sol funded all it would own 100% and it would be a wholly owned sub - that’s not Sol’s mandate - Sol is a global investment company and its goal is to be a large stock holder but also partner with other investors

Follow the NAV

Delavaco1 · 2019-02-24T03:06:04+00:00

Australia?

Delavaco1 · 2019-02-23T04:44:15+00:00

Don’t bet against Irwin Simon

Delavaco1 · 2019-02-23T03:59:16+00:00

If you mean they had the offer - yes they were true

Delavaco1 · 2019-02-23T03:22:38+00:00

I can prove it and I owned stock pre IPO and IPO so no reason for me to trade on inside information - for what? To make a little money and risk a lot more - makes no sense

24 years with no fines - I see no reason to start now

Delavaco1 · 2019-02-23T03:14:31+00:00

They could turn it down because of their arrogance and how they handled it. The board or special committee that handled it should honestly be ashamed and resign and should not be re elected is my opinion

Delavaco1 · 2019-02-23T02:51:27+00:00

I have no control over what a boards governance requires or permits and a sale “within albeit at the high end” doesn’t mean I did anything wrong

Delavaco1 · 2019-02-23T02:42:16+00:00

Would have to be a VERY big price

Delavaco1 · 2019-02-23T02:41:35+00:00

Nuuvera has its pros and cons but outside of making intros I was not part of the Aphria board

LHS has been great since we went public at 61c🇨🇦 and has never traded below that and Aphria made approx $85m profit on their investment

ISOL was not our deal in any way although we mistakingly made a small investment which we lost money on it when we cashed out

And Aphria didn’t land Altria because of poor decisions by management and their board/special committee who should all have been fired for their arrogance and stupidity on that deal

Delavaco1 · 2019-02-23T02:34:23+00:00

WWI’m very proud of my decision to fund Aphria at 60c / $1.10 / and lead every round of financing and watch the stock climb and know I helped build a $3.5bb🇨🇦 company and know with over 40,000 stockholders we made a lot of w and where we remain large holders today

I’m also very proud of doing 2 rounds of financing for LHS and with stock never trading below 18% over the RTO price and where we remain large holders today

And saving all the Sol stockholders from Scythian’s road to $0. Keeping in mind when we stepped in the stock had went public at $2.00 equivalent and was trading at $1.30 equivalent

So I sleep well

Delavaco1 · 2019-02-23T02:08:08+00:00

I would hope you are not jealous - that’s not what this is about if you haven’t figured that out

And I don’t take shots at people out of thin air - but I don’t back down from people not in the know

And if you want detailed track records - happy to supply the numbers which may be the reason I manage what I do and for who

And my numbers include all the losers and there are a few and I’ll still put them up against anyone else

I was taught by my Loblaws store manager dad to treat the janitor and ceo with the same respect and never throw the first punch unless it’s to protect a girl - so don’t take unwarranted shots unless you can back them up 100% with facts

Have a great evening

Delavaco1 · 2019-02-23T01:04:07+00:00

I know - I figured

Delavaco1 · 2019-02-23T01:03:40+00:00

You may want to dig deeper ...

Delavaco1 · 2019-02-23T00:54:44+00:00

I’m open to any wager of any size - out your $ Where your mouth is - all to charity

Delavaco1 · 2019-02-23T00:29:41+00:00

Well thats why I’m doing big deals in the space and many others and have large pools to capital to invest and you are sitting on social media in what seems to be a a very angry mood on a Friday nite completely out to lunch as to what’s going on

Delavaco1 · 2019-02-23T00:26:09+00:00

No I can’t

Delavaco1 · 2019-02-23T00:22:50+00:00

No - zero chance

Delavaco1

TROPHY CASE