Doing the math on the CBGL / MCOA deal. If you
Post# of 102010
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If you read the recent SEC filings CBGL owns 650 million shares of MCOA and MCOA owns 7.2 million shares of CBGL.
Here’s what interesting. MCOA’s stake in CBGL is worth $1.3 million but CBGL’s stake in MCOA is worth $7.2 million. There are only 27 million CBGL shares outstanding, so each share of CBGL gets a $0.26 kicker in added value for the MCOA shares. On top of that is that stake announced in the marijuana lab called Naturals Plants, which is worth $1.7 equal to an additional $.06 per shares. So that’s an additional $.32 per shares added value for CBGL. Yet the shares are at $0.18. Bottom line is both companies are really attractive here.
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