Newstrike Brands Ltd NWKRF

Healthcare Biotechnology Cannabis

"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."

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Newstrike Brands Ltd > look at bashers and misleading information for last 3 months

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Comment by baystreetguruon Jul 27, 2018 10:21am

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Post# 28376695

RE:RE:RE:RE:RE:look at bashers and misleading information for last 3 months

321Blastoff wrote: Wow thanks for the explanation. I know what escrow is. The question is why are the shares being held in escrow ?

Escrow and the Stock Market

Stocks, especially those of public companies, are often issued in escrow. This means that while the shareholder is the real owner of the stock, he is limited in his rights to dispose of it. For example, executives who receive stock as a bonus to their compensation often have to wait for an escrow period to pass before they can sell the stock. This is used as a tactic to retain top executives.