Newstrike Brands Ltd NWKRF

Warrants

[silkroad007]

guys there seems to be so much back and forth here. 

Split - If there is a split or whatever the warranst will adjust accordingly.  Zero sum game and someone also made a comment about the fact the SP will never reach the strike price this way.  It's a zero sum game and the value of the company will be SP X shares period.   If the rollback is 10:1 and the SP is now at $10 and teh Warrant Strike at 17.50 its no difference than 1.00 and 1.75.  Percentage is the same and its all a derivitive of total company market cap.  

Buyout - Im not a laywer but someone mentioed if there is a buyout the new company can choose to keep the warrants or not?  Sure maybe true but it would have to include a compensation or conversion.  Stop trying to be laywers and interpret wording 7 different ways.  Take a logical step back and say - does this even makes sense? You cant just vapourize 70M dollars in this case.  If that was the case you would have companies getting buyouts everyday just to vapourize warrants and then flip it back to the original company for $1.  Warrants would cease to even be a thing.  Not to mention CRA would be all over your A$$ from a tax perspective.

[JJECYYZ]

Well said. Thank you. Logical. I've been trying to explain.... this sums it up. Go HIP GO!!!

[321Blastoff]

If this is a "zero sum game" when it comes down to warrants and share price after consolidation and how the stock price will be represented in the current market then that is just great. The problem is that it won't necessarily work that way in the real world because you are only talking about the simple parallel mathematics of your "zero sum game" and disregarding the

[JJECYYZ]

I think what he means and I mean. Is that right after the fact.....it is a zero sum game. Nothing gained or lost. but yes, what you say may happen.

[321Blastoff]

Well this is what I have been extremely apprehensive about. A "zero sum game" immediately after the fact but then what happens ?  

[JJECYYZ]

YUP.... but we are kind of there now. We don't know what will happen.

[321Blastoff]

Well then if we don't know what will happen I think it would be prudent to wait a bit and try to build up the business before making a decision to engage in something as risky as share consolidation.

[JJECYYZ]

Hey, I voted No. That's all i can do at this point we have to wait and see what the board does. BTW sent you a PM.

[NNR1000]

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