Newstrike Brands Ltd NWKRF

It is great to see HIP rising but

[TheWoodi]

if the CMED arrangement is approved we will receive (using current sp of 25.11) about 0.83 per share. We would need to see a 25% increase in post arrangement sp of CMED just to get back to even. If HIP continues to rise at a higher rate than CMED that number will only get lower. Hard to vote in favour if this trend continues.

[thedigger]

As the date been decided for the vote?

[Extalliones]

A circular has been sent out by HIP with respect to the acquisition.  I am assuming the same for CMED.  I believe the date it is set to go in front of the Court for approval is January 23rd.  Which is why I don't really understand the current share price.  Cannimed at $24.00 should put us at .80 per share, and I am assuming that that acquisition is going to pass. 

[TheWoodi]

Jan 17

[thedigger]

Thanks. It is pretty strange to see that a huge bunch of brokers contributed to that crazy opening. I would have guess Anonymous buyers behind that but that was not the case. It is a non sense, cause I cannot see why people would be ready to voluntarily lose 10% of their investment. Most of us do their DD before buying a new stock... I think I like the idea of ACB trying to increase HIP share

[clayface]

Nonsense, that Aurora bid is failing as we speak...tomorrow will be worst as we can see the closing hour dip.  Newstrike will jump tomorrow as we get closer to ridden the Aurora fleas!  Just dropped another $40K US on this stock is why the rise and I’m a sure bet :)

[hammerdown1]

LOL your 40,000 put a dent in the price when over 14 mill were traded today? Good investment! GL

[clayface]

It did...I brought $40K US...At least I like to think that Lol will buy more tomorrow if it dips

[hammerdown1]

I was LOL'ing at you being the motive force behind the uptick with a $40,000 purchase lol. GL tomorrow.

[clayface]

Bwahahahaha, lol!  GLTU as well!