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Bullboard - Stock Discussion Forum Newstrike Brands Ltd NWKRF

"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 Discussion

Newstrike Brands Ltd > Did anyone read CMED's slideshow?
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Post by kalikomo on Jan 10, 2018 11:15am

Did anyone read CMED's slideshow?

I just read the slides and they are talking as if the HIP deal will go trhough. Any thoughts? I don't know what to think.

https://s21.q4cdn.com/121834357/files/doc_presentations/2018/01/2018-01-10-Presentation-Deck_FINAL.pdf
Comment by PROtrading on Jan 10, 2018 11:24am
It will go through!   When the management and boards (holding the majority of shares) agree to merge, the merges go through.  Aurora is so FREAKING SCARE of this merger, that's why they tried to take out CMED with a hostile take over. Get off the bullboards people and read the filings.  https://www.sedar.ca A better way to get at filings it to look at the 1yr ...more  
Comment by RainMan91 on Jan 10, 2018 11:43am
Looks like HIP and CMED want the deal to go through, just not sure CMED's offer of $1.5/share affects current price ??? ANYONE??
Comment by domdom03 on Jan 10, 2018 11:46am
according to proposal they need 66 2/3 approval, they only got 58%
Comment by Underwhelmed on Jan 10, 2018 11:46am
It will be based on November offer. CMED management, much like they are doing with Aurora, has maintained that HIP stock increase will be based on hypothetical mergers. They will fight for the 33 per 1,000 ratio or deal will be off. 
Comment by Champ33 on Jan 10, 2018 11:47am
I only have a small amount of hip shares compared to others but if they are offering $1.5 per share that would put me at a loss of a couple hundred so not as bad as i originally thoought but still sucks so might sell soon if that's the case.
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