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Newstrike Brands Ltd NWKRF

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"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

Newstrike Brands Ltd > What happens if the wts. get rolled back 1 new for 10 old
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Comment by JJECYYZon May 15, 2018 8:11am
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Post# 28031110

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:What happens if the wts. get rolled back 1 new for 10 old

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:What happens if the wts. get rolled back 1 new for 10 old
Current.

Stock Price is $0.92 ------- Current Warrant Price is  $0.115 ---- Current Strike Price = $1.75

Stock must go up $0.83 or up 90.22% to get to strike price.

Still with me....

If 10:1 for example.

Stock price becomes $9.20 ----------Warrant price becomes $1.15 ---- Strike price = $17.50

Stock must go up by $8.30 or up 90.22% to get to strike price.

Is my math correct?


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