Bullboard - Stock Discussion Forum Newstrike Brands Ltd NWKRF

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"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."

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OTCPK:NWKRF - Post Discussion

Newstrike Brands Ltd > what happens

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Post by TylenolJones on Mar 26, 2019 4:27pm

what happens

If hexo acquires new strike, what happens with my shares of new strike? Are they converted to hexo?

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Comment by robins1 on Mar 26, 2019 4:38pm

see ? again , with the ill informed questions . is everyone on here playing for the first time ?

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Comment by chr905 on Mar 26, 2019 4:41pm

I hope he's trolling lol.

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Comment by Bigbaboon on Mar 26, 2019 4:42pm

You lose everything

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Comment by Jack4000 on Mar 26, 2019 4:48pm

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Comment by Bigbaboon on Mar 26, 2019 4:54pm

I really fail to understand why retail investors don’t understand that merging with hexo is the best thing that could happen to their investment. Stop whining about the premium.

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Comment by quinlash on Mar 26, 2019 5:03pm

Merging with HEXO is fine, no problems there, however IMO (and everyone has their own) the value at which HIP is being merged with HEXO is far too low. Even if they can successfully grow the mergered company to a major player (etc etc etc), I see money / returns, being left on the table for HIP shareholders. Jay had mentioned in a Midas interview that the company was worth 1.1B, ...more

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Comment by Catmando123 on Mar 26, 2019 5:07pm

Finally somone with a great opinion!!!

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Comment by robins1 on Mar 26, 2019 5:08pm

Quin ... you sure do offer a lot of advice on here .

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Comment by Eigen337 on Mar 26, 2019 5:16pm

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Comment by rodage1 on Mar 26, 2019 5:42pm

100% okay

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Comment by robins1 on Mar 26, 2019 5:52pm

Eigen .. agreed , its been a disgrace

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Comment by Bigbaboon on Mar 26, 2019 8:49pm

Your ceo decided the transaction was the best way to maximise value. He holds shares just as you do. If he had something better on the table i’m sure he would have taken it. Fact is, newstrike has been trying to merge for the last months to no avail, SP has been stagnant, and since the transaction was announced, SP significantly increased. If you think Newstrike is undervalued, many think hexo is ...more

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Comment by whitneymunson on Mar 27, 2019 2:59am

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Comment by Jack4000 on Mar 26, 2019 5:17pm

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Comment by Bigbaboon on Mar 26, 2019 6:26pm

I hear you, but the market doesnt seem to share tour view, as no other deal has seen the light of day

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Comment by Jack4000 on Mar 26, 2019 6:36pm

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Comment by quinlash on Mar 26, 2019 4:51pm

Shares are being converted to HEXO at a rate of .06332 HEXO shares. Simply multiple your number of HIP share by .06332 and you will get the number of HEXO shares you will end up with. Same rate applies to the warrants, including strike price, expiration date remains the same. Best to do your own DD and read the NR on the HIP wesbite.

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