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Newstrike Brands Ltd NWKRF

"Newstrike Brands Ltd is a licensed producer and cultivator of medical cannabis based in Brantford, Ontario. The company cultivates and sells both forms including dried and fresh marihuana."


OTCPK:NWKRF - Post by User

Comment by Darkerhavocon Jan 23, 2018 3:48pm
366 Views
Post# 27418847

RE:What will happen to my newstrike shares

RE:What will happen to my newstrike shareswell it depends on what the new buyout will be.  Your shares in Newstrike would be transferred to over ACB at some ratio that they agreed upon. The original deal with CMED was for every 1000 shares of Newstrike, you'd be awarded with 33 shares of CMED.  

If Aurora buys Newstrike there's no way of knowing what or how that will shake out.  There's still no guarantee that Newstrike will be bought.  And depending on the deal if purchased, the shares may end up worthless.

Its a gamble in the Pot sector every day.  This is basically Russian Roulette.  
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