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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 > File A Class Action Lawsuit If All Shareholders Can't Vote
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Post by surveyor2582 on Jan 14, 2018 5:26am

File A Class Action Lawsuit If All Shareholders Can't Vote

Newstrike continued trading for two months since that offer on Nov.16 eagerly accepting new share holders and their hard earned dollars. They must be allowed to vote. This deal requires two thirds of the existing share holders votes and it legally must include all shareholders of a stock that continued trading on the open market. If the deal did not go through Newstrike would have gladly kept all of our investment money to boost the stock price up. They can not have it both ways. No one is using me and getting away with it. VOTE NO.
Comment by Wonnetr on Jan 14, 2018 7:34am
There will have been a dead line to mail out the proxy’s and for people to mail them back.  That’s 8  business days, as it is 4 days to mail anting letter by standard in to and from the share holders is total of 8 days.  The proxies would have been mailed out all ready.  If you have not received yours, looks like you got in too late.
Comment by surveyor2582 on Jan 14, 2018 7:49am
If that is the case then they should have HALTED the stock from trading and STOP STEALING our money.
Comment by Sevam123 on Jan 14, 2018 8:38am
No one is stealing anyone's money. If you owned Newstrike shares on Nov. 28th 2017 you can vote the number of shares you owned as of that date.  All of the pertinent info relating to these types of public facts are posted up at Sedar.com for pretty much every traded public company in Canada. Learning about how the stock market and merger works and how to look up and read the relevant ...more  
Comment by Wonnetr on Jan 14, 2018 8:42am
Who is stealing it if you bought it above the deals priced in value.  You bought it cause you thought it would keep going up.  That's not the case, if this deal goes through.  It will go down.  All you can do now, is sell and buy cmed, or hold and wait to see if the deal goes through or not.  It's currently priced that the deal won't go through...but it's ...more  
Comment by stckapprentice on Jan 14, 2018 9:14am
yeah but what I'm saying is they made a deal with cmed in november 2017 to merge with cmed for 90 cents a share.  What is the point for them to keep trading and having a stock go up to 3 dollars ? when literally a few months later they will sell every share for 90 cents to cmed  it's like HEY guys we are selling our shares for 90 cents but feel free to pay triple for them in ...more  
Comment by Asterix99 on Jan 14, 2018 9:20am
That is not how markets work. The price is set by the market not gov't or exchanges..The information was available to everyone who took some time to read it. 
Comment by Wonnetr on Jan 14, 2018 9:30am
It works like this, it's called a free market.  You can take the 90 cents later or take the 3.20 now...what would you do?  If you can find a buying willing to pay that who has not done any homework other than see the price going up, then take the 3.20!  No brainer.  Best to sell now, and by cmed.  It's going up with either the HIP deal going through, the ACB deal ...more  
Comment by Asterix99 on Jan 14, 2018 8:49am
No one is steeling your money. No one forced you to buy at the certain price. Why do people expect others to rescue them after you do something stupid. Better think and try to get yourself out of this situation. Take losses now and don't wait for price to go down to 79 cents. Of buy CMED stock if you beleive in the story. stop complaining. 
Comment by surveyor2582 on Jan 14, 2018 9:01am
Insulting millions of investors who bought shares in Newstrike after Nov.16 by calling them stupid shows your lack of education, intelligence and upbringing. Go back to Block Chain
Comment by Asterix99 on Jan 14, 2018 9:05am
That's free market buddy. No one forced you to buy overpriced stock. Take responsibility for your action and stop crying. 
Comment by Wonnetr on Jan 14, 2018 9:20am
Dude, the only ones buying this stock after that datebook were day trading penny flippers trying to make a quick buck.  If you bought with the intention of a long term investment, then you didn't do your home work.  
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