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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 > HEH DO NOT GET ME WRONG
View:
Post by buddy12canadian on May 17, 2018 5:39pm

HEH DO NOT GET ME WRONG

I HAVE A HUGE POSITION IN THE WARRANTS.  I DO WORRY ABOUT REVERSE SPLITS. I DO DRIVE BY THE NEW RETROFIT EVERY OTHER DAY AS I LIVE I STONEY CREEK JUST NEXT DOOR    HIP IS A GOING CONCERN...  I JUST WORRY IF HIP GETS TAKEN OUT BEFORE THE NEW ADJUSTED $1.75 WILL I GET SCREWED? READ THE PROSPECTUS AND I THINK THAT I WILL GET A NEW PRORATA WARRANT THAT WILL LIVE ON UNTIL THE ORIGINAL 2 YR DATE..FORGET WHAT IT IS ....SOME TIME IN 2020.  IT ALSO STATES THAT IT COULD BE CANCELLED BY THE NEW OWNERS..  I WOULD HOPE IF THAT HAPPENS THAT WILGAR WOULD BE LOYAL TO HIS ORIGINAL INVESTORS AND WARRANT HOLDERS AND NOT SCREW THEM........AM I THINKING CORRECT PLEASE ADVISE, I REALLY NEED TO KNOW AS I HAVE A $ 1/4 MIL. IN THE WARRANTS

THANKS FOR YOUR WISE COUNCIL AND ADVICE IN ADVANCE    A.L.
Comment by Updownsideways on May 17, 2018 5:49pm
I'm also a big risk on player of the warrants, and am too slightly worried about a reverse spilt effect on warrants. But when you say "they can be cancelled by the new owner", does that mean they have the ability to wipe warrant holders clean? As in cancell the warrants and not reimburse holders somehow? Is that even legal? I'll admit, this doomsday scenario is a new one to me ...more  
Comment by 321Blastoff on May 17, 2018 5:58pm
If all you have is warrants you will not be able to vote. It is only possible as far as I know for a registered shareholder to vote. So no point in making the trip in to Toronto unless you want to take a chance at crashing the meeting, which could be cool in itself. JJ seems to think that upon consolidation it is a "zero sum game" for the warrants and after much reading and re-reading I ...more  
Comment by salmann on May 17, 2018 6:50pm
what do you mean by zero sum game ? ... the warrants will be of 0 value ? 
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