Newstrike Brands Ltd NWKRF

RE:RE:RE:RE:RE:RE:Tell me why $HIP.

[VeritasVern]

Silk just to be clear on the warrants exercise plus actual shares including those from PP and the corresponding underwriters allowance. Currently there are about 484 million shares outstanding. The warrants wont get exercised until the share price is beyond $1.72. (good luck with that as sp is currently $0.69). Even if we assume they get exercised, you need to add about 62 million shares, 4.75 million shares for exectutive copensation, 2.1 million shares for Jason Redman, 1.0 million shares for Stephen Smith, about 545 thousand for the underwriters associated for the share offering. Add in another 60 million for the recent bought deal increase and 9 million for underwriters associated with that. The total equals about 625 million shares in float. Based on your math that would be $1.25/share which isnt even close to exercise the warrants. Also what exactly does HIP have in cash, as the currently burn rate/construction/marketing/salaries will eat away at that at a rapid pace before legalization. I would think they would need to do another share offering in second half of 2018.