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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 > What will happen with old wt ....
View:
Post by Iber0star on Aug 17, 2018 2:13pm

What will happen with old wt ....

There is no volume at all ....
Comment by Stockmoves1 on Aug 17, 2018 2:21pm
why buy the old warrant when you can buy the new warrant ????? its a great long term hold that you can just let her ride.. an awesome gamble in something like a TFSA..
Comment by Iber0star on Aug 17, 2018 2:25pm
Cause i bought them before and averaged down my position still down cant sell them but now no volume
Comment by Stockmoves1 on Aug 17, 2018 2:29pm
u can dump them and buy the new warrant and all you do is basically change ponies....
Comment by flyboy27 on Aug 17, 2018 2:32pm
just hold tight   its all relative, when sp goes up they will rise as well, I have them also, and for the money they currently sit at and 1.5 year to expiry  they will be just fine.     
Comment by TruthAboutHip on Aug 17, 2018 2:38pm
Stockmoves wrote: "why buy the old warrant when you can buy the new warrant ?????" Well that is the very question I am sure that many early investors would like to ask of the company at this point. Do you realy think that Newstrike were unaware that the issuance of a new warrant with a lower strike price, a 5 year expiry date and no acceleration clause was not going to kill the first ...more  
Comment by flyboy27 on Aug 17, 2018 2:53pm
I didnt like the second round of wt so soon myself but like I was saying,  when the SP move up it will all be relative.   both warrants will go up regardless.  
Comment by bobodolen123456 on Aug 17, 2018 3:04pm
what is the strike price of the new warrant
Comment by SKL6600 on Aug 17, 2018 3:31pm
Supposedly there isn’t one but there has to be. Exercise price is $1 and maybe so is the strike price?
Comment by Ggeeman on Aug 17, 2018 3:44pm
probably to satisfy the financiers . they did invest heavy around 1.32 after all . They are not looking out for shareholders in this case, but their financiers. Its the only scenario that makes sense. I have no clue why and I don't like it either. Regardless I have faith that HIP will get their $h!+ together eventually . everything happens for a reason
Comment by silkroad007 on Aug 17, 2018 7:32pm
How can IR take you seriously when you don’t even know fundamentals? Stop giving advice if you don’t even know exercise price and strike price are the same thing. 
Comment by TruthAboutHip on Aug 17, 2018 7:58pm
Silk wrote: "How can IR take you seriously when you don’t even know fundamentals? Stop giving advice if you don’t even know exercise price and strike price are the same thing." Well I suppose the same thing could be applied to Newstrike IR who has supplied information which was completely incorrect in many public forms such as NR, company Financials and Video and print interviews with ...more  
Comment by SKL6600 on Aug 17, 2018 10:29pm
Thanks SILK. I think that other guy is just trying to get under my skin but doesn’t bother me. I don’t think many people understand what is going on the the warrants and when IR says they can’t answer  our questions and to just read what is on Sedar it leaves a bad taste in our mouth. Hopefully everything just continues to go up and then we will all be fine.
Comment by goldman777 on Aug 17, 2018 11:30pm
sitting on 400K HIP.WT @ 6 cent average....I think the latest news about the 6 month delay on brick and mortar sales out of Ontario has spooked holders. Looks like we basically have 18 months for HIP to hit somewhere around $2.00...or...a billion dollar market cap for these original warrants to be in the money. Is this doable...thoughts anyone.
Comment by ripthorne on Aug 18, 2018 7:14am
Yup.   I think once more money is invested in the sector.  The sector will be the big push 
Comment by Iber0star on Aug 18, 2018 11:07am
I have 131k at avg of .08 what scRed me is that the atock gainef almost 20 pourcent and those wt still havent move
Comment by TruthAboutHip on Aug 18, 2018 12:27pm
Well SKL6600 I think you may have gotten your wires crossed. I believe that it was the person you thanked who was "trying to get under" your skin. At any rate that doesn't matter. I think it is ridiculous that IR won't answer your question. Are they trying to hide something ? I have read the Sedar document regarding the A warrants and it seems to be that there is no acceleration ...more  
Comment by SKL6600 on Aug 17, 2018 3:30pm
I have been asking IR the same questions man. I bought in heavy on the first warrants because I knew HIP would do well down the road. Then they released another set of warrants which made no sense why they wouldn’t be exactly the same to make things fair. I have emailed IR to ask why they don’t make the first set of warrants have the same expiry date and then everything would be on level ...more  
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