OTCPK:NWKRF - Post by User
Comment by
goldman777on Mar 18, 2019 3:38pm
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Post# 29502277
RE:RE:Question for real human being not idiots ,
RE:RE:Question for real human being not idiots ,Jack4000 wrote:
samforhip wrote: For HIP.WT , are we getting 0.063 too ?
so for every HIP.WT 100.000 = 6300 HEXO.WT ???
is this is the case then we will all go for it because HEXO.WT IS $3.11 Right now
No. You will get a new WT which has the same strike and same time but will be .06332 of what it is now.
So, providing that our deal goes through, there will be three sets of WTs. The HEXO origional, our WT and our WTA, the latter 2 divided by .06332.
HEXO has a strike price of $5.60 and ends news February if I'm not mistaken.
HEXO/HIPWT has strike of $28 and expires next February
HEXO/HIPWTA has a strike price of $15.60 and expires June of 2023
Please correct me if I`m wrong - so for every AWT you are entitled to 1 x HIP share if it hits $1.00 and you choose to exercise them. AWT needs HIP to hit $1.00 then you can basically swap them straight across for 1 x HIP share, in the new scenario the AWT/HEXO needs to see HEXO hit $15.60 for the 1 x HEXO share trade over. So holding 300K - AWT X .063 = 18900 AWT/HEXO X $15.60 = $294 K ish ... not bad from here with 5 years to go. Seems very doable. Am I right in assuming 1 - AWT/HEXO entitles you to 1 X HEXO share if HEXO hits $15.60