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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 > Possible Cannimed/Newstrike merger.
View:
Post by TrixBits on Jan 17, 2018 8:46pm

Possible Cannimed/Newstrike merger.

I contacted Newstrike, who said talk to Cannimed, who said talk to Newstrike, who said talk to Cannimed.

After that was over.....

Cannimed told me to contact Kingsdale Advisors, they are a third party entity assisting Cannimed in the acquisition process and handle investors inquiries.  1-888-518-1554. 

Lets see where this goes.
Comment by Frank5890 on Jan 17, 2018 8:50pm
I believe there is a black hand under the table who controlling the hip/cmed merge than cmed/acb merge
Comment by TrixBits on Jan 17, 2018 9:04pm
i agree. there is something wrong for a 99.4% or whatever vote. thats messed up. So ran the numbers. i Need cannimed shares to be 95.24 dollars a share to break even..... JUST spoke with a gentleman from Kingsdale investors who was trying to sell me the idea. I worked out the math with him and after telling him i recieved a 3 x loss. he is like ohhh i c.  Kingsdale could not do anything...
Comment by bmorganstock on Jan 17, 2018 9:13pm
With the way the multiples work, Newstrike is now worth more than CanniMed, said Jason Zandberg, an analyst with PI Financial Corp. I believe its a 65, 35 merger, so (Newstrike shares) would be worth almost half in that transaction. The idea that CanniMed shares are trading below where they should be was echoed by Zettl, who claims his companys shares would be trading at between $45 and $75 if ...more  
Comment by bmorganstock on Jan 17, 2018 9:29pm
After Cmed and Hip merger the price will be around $50.. Could be higher..Any thoughts...
Comment by flyguy8888 on Jan 17, 2018 9:32pm
are you kidding? cmed will be diluted more than 50% and the price will drop. 
Comment by bmorganstock on Jan 17, 2018 9:54pm
Cmed and Hip over 1b market.. Aurora still buying Cmed shares... And legalization soon.. Be positive..we will have more good news.. You can sell , I will buy it. Glta
Comment by NexToronto on Jan 17, 2018 10:50pm
If you sold 1000 shares of HIP tomorrow you'd make $1120 If you bought 33 shares of CMED tomorrow you'd pay $918 If you're talking about making your money back after your shares are converted to CMED and it goes up to $50 then why don't you just sell your current HIP shares tomorrow and buy CMED? At least you'll pocket some money. 
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