We wanted to provide you an update on Emblem and it's trading date, they were trying for Dec 9th, but it got delayed a working day.
Effective at the opening, Monday, Dec. 12, 2016, the common shares of Emblem Corp. will commence trading on the TSX Venture Exchange and the common shares of Saber Capital Corp. will be delisted.
Trading symbol: EMC (new)
For United States and international investors, the company is planning a listing on the US OTC market, they are actively working on it and hope to have a symbol in the next few days. You can check with your stock broker to see if they have access to Canadian market and can purchase Emblem stock for your account, else you may have to wait until the US OTC listing and symbol.
There has been a lot of anticipation for this company's IPO and we believe it will be well received by the market. It will be interesting and exciting to see where the stock opens up tomorrow at 9:30 when it starts trading, expectation are that it will be significantly higher than the last financing round done back in Oct at $1.15 where they successfully and quickly raised $23.5 million.
We hope you had a chance to participate in the financing before the IPO, we believe the stock will do extremely well over the coming years and reward early investors handsomely. If you were not able to participate, you may want to consider buying shares in the open market tomorrow, even if its for a quick trade to sell over the next week or two. We hope to provide you an update early next week on Emblem and the Marijuana sector in general.
Last week we sent out an update and shared the opportunity to participate in The Green Organic Dutchman financing, its from the same advisory team who brought Organigram and Emblem to market. The company is currently raising $10 million and the offering is well over subscribed already and they will be closing it in the next week.
We at Invest In MJ are happy to share our research and opportunities with our audience. If you have any questions or feedback, please let us know.
Vin Maru InvestInMJ.com